The Hindu Business Line : Saturday, October 25, 2008

INDUSTRY & ECONOMY

ECONOMY: Revenue, fiscal deficits may exceed budget estimates: Govt
Fiscal consolidation continues to be in focus. New Delhi, Oct. 24 It’s official now. The Government has admitted that the final figures of fiscal deficit and revenue deficit for the current fiscal might exceed the budget estimates, ...

AUTOMOBILE COMPONENTS: Auto cos seek price cuts from vendors
‘Take advantage of commodity price dip’. New Delhi, Oct. 23 It is now the turn of automobile companies to ask their vendors for a price revision. They want their suppliers to cut prices as commodity prices dip ...

POWER: ‘State proposal to disconnect power supply violates Act’
TNERC to hold meeting of State Advisory Committee, public hearing. Chennai, Oct. 24 The Tamil Nadu Electricity Regulatory Commission (TNERC) has held that the State Government’s proposal to disconnect power supply to industrial and ...

REAL ESTATE & CONSTRUCTION: Mall owners opt for revenue sharing model as rentals fall
Retailers finding it difficult to sustain fixed rates. Bangalore, Oct. 24 Mall owners in India, hit by 20-25 per cent fall in retail rentals this year, will move towards the revenue sharing model with their tenants. Globally, all malls have ...

PETROLEUM: Ratnagiri Gas to get a share from RIL’s KG basin
New Delhi, Oct. 24Ratnagiri Gas and Power Pvt Ltd (RGPPL), the erstwhile Dabhol project, will get a share of gas produced from Reliance Industries Ltd’s (RIL) Krishna Godavari basin ...

EXPORTS & IMPORTS: Weakening rupee makes exporters anxious
Tough stance of overseas buyers, inflation pressures add to worries. New Delhi, Oct. 24 The breaching of the psychological barrier of Rs 50 per dollar on Friday with the rupee shedding more than a quarter of its value since the start of the year ...

PETROLEUM: Oil marketing cos look for stability in crude prices
Revision of fuel prices will have to take in rupee factor. New Delhi, Oct. 24 The movement in global crude prices and the OPEC meeting has never drawn so much attention. While the drop in crude prices raises hope of a possible cut in domestic ...

EDUCATION: Scope Intl, IIT-Madras partner for financial course
Scope International, a subsidiary of Standard Chartered Bank, UK, has partnered with IIT-Madras to offer a 40-hour course on financial markets. This is to provide MBA students expertise in applying technology in the financial ...

EVENTS: US opens Consular office in Hyderabad
Hyderabad, Oct 24 The US has opened its Consulate-General in Hyderabad at the Paigah Palace ...

INFRASTRUCTURE: SEZ developers, units eligible for concessional financing
New Delhi, Oct. 24 Special Economic Zone (SEZ) developers and units would now be eligible for concessional financing that was available for infrastructure sector, with an Empowered Group of Ministers on Friday deciding that all activities ...