The Hindu Business Line : Thursday, October 16, 2008

INDUSTRY & ECONOMY

STEEL: Paswan to meet steel producers tomorrow
To consider changes in the current duty structure. New Delhi, Oct. 15 The Minister for Steel, Chemicals and Fertilisers, Mr Ram Vilas Paswan, has said that he will meet steel producers on Friday to consider changes in the current duty structure ...

PETROLEUM: Cairn to invest Rs 11,000 cr more in Rajasthan project
Development drilling will begin next month. New Delhi, Oct. 15 To begin extracting its Rajasthan crude from the second half of 2009, Cairn India Ltd plans to further invest Rs 11,000 crore between 2008 and 2009 in the ...

EVENTS: ‘Reform institutions of international governance’
Need to manage crisis in a way that does not jeopardise development: PM. The Prime Minister, Dr Manmohan Singh, in his address at the third India-Brazil-South Africa summit, expressed a strong need to reform the institutions of international ...

REGULATORY BODIES & RULINGS: TRAI mulls licence fee on tower infra companies
New Delhi, Oct. 15 Mobile operators such as Bharti Airtel and Reliance Communications that have hived off their tower infrastructure into separate companies may soon have to pay additional licence fee on the revenues they earn from the ...

PSU: Air India to seek Rs 1,000-cr soft loan
Plans to expand international route network. Hyderabad, Oct 15 Air India, which is planning a major expansion of its international route network between October 2009 and March 2010, will soon approach the Government for a soft loan of about Rs ...

HOTELS: Chennai hotels look for ways to offset likely fall in occupancy
F&B seen as a major source of revenue. Chennai, Oct. 15 To make up for likely fall in occupancy levels owing to the global economic slowdown, most hotels in Chennai are looking to other sources of revenue than just from ...

INFRASTRUCTURE: Aerospace SEZ to come up in AP
Focus on manufacture of defence, commercial aircraft components. Hyderabad, Oct. 15 The country’s first exclusive aerospace SEZ (special economic zone), Aerospace Park, would come up in ...

SOCIAL WELFARE: NSS to invest Rs 160 cr for women’s empowerment
Kochi, Oct 15 The Nair Service Society (NSS), one of the leading NGOs in Kerala, is to enhance its investments in productive enterprises during the current fiscal to Rs 160 crore through women’s self-help ...

HUMAN RESOURCES: Budding careers get a taste of the harsher side
Mumbai, Oct. 15 This festival of lights will bring little joy to over 800 probationers of ...

EXPORTS & IMPORTS: Rising exports, output cheer tea sector
Chennai, Oct 15 There is some cheer in the cuppa as the Indian tea industry is on a comeback mode with production and exports increasing despite competition from several countries such as Vietnam ...

INDUSTRY ASSOCIATIONS: KCCI seeks one more industrial area in Mangalore
Mangalore, Oct. 15 The Kanara Chamber of Commerce and Industry (KCCI) has urged the State Government to set up another industrial area near ...

STEEL: JSW to cut steel prices this month
Mumbai, Oct. 15 There could be another round of price cut of steel, with the Vice-Chairman of JSW Steel, Mr Sajjan Jindal, stating that the company could slash prices this month end in the wake of softening global prices and ...

GOLD & SILVER: Post offices to sell gold coins, in tie-up with Reliance Money, WGC
New Delhi, Oct 15 The ubiquitous post offices would now start selling gold coins. India Post, Reliance Money and World Gold Council (WGC) on Wednesday announced a strategic tie-up under which gold coins would be sold in little over 100 ...

POWER: LT consumers told not to draw power during peak hours
Coimbatore, Oct. 15 Tamil Nadu Electricity Board (TNEB) gave a KO punch to the Low Tension (LT) consumers on Wednesday asking them not to draw power from the State grid for four hours from 6 p.m. to 10 p.m. ...

INFRASTRUCTURE: QuEST’s Belgaum SEZ to start operations by December
Bangalore, Oct. 15 Engineering and manufacturing services provider QuEST Global has said Phase One of its special economic zone in Belgaum will be operational by December this year, with three of its subsidiaries ...

WATER: KWA revenue collection to be intensified
The Kerala Water Authority (KWA) will take strong steps to speed up revenue collection ...

EDUCATION: ‘Innovation is key to better banking’
Mangalore, Oct. 15 The attempts at innovating, especially in banking, will be much better if efforts towards realigning or re-engineering the processes involved are better planned, according to Mr B.R. Bhat, General Manager of Corporation ...

PETROLEUM: India, Brazil for stronger ties in hydrocarbon sector
New Delhi, Oct. 15 India and Brazil have discussed measures to further strengthen cooperation between the two countries in the oil and gas ...