The Hindu Business Line : Saturday, November 08, 2008

INDUSTRY & ECONOMY

ECONOMIC OFFENCES: Gift, travel cards may come under RBI scanner
Mumbai, Nov. 7 Fearing money laundering through pre-paid payment instruments such as gift cards/vouchers, travel/expense cards, food coupons, telephone calling cards, etc, the Reserve Bank of India has indicated that it may subject ...

ECONOMY: Truck makers: A worried lot, brace for tough times
Drop in sales forces them to cut production, revise forecasts. Bangalore/Mumbai/Chennai, Nov. 7 It is not panic situation yet, but with the economy slowing down, truck and bus manufacturers in the country are revisiting their growth forecast ...

GOLD & SILVER: Gold holdings of five ETFs slip in October
Gold funds post negative return of 9.6%. Mumbai, Nov. 7 With the mutual fund industry facing redemption pressure, the gold holdings of the five listed gold exchange traded funds (ETFs) declined in October as there was profit booking by the ...

FOREIGN TRADE: Silk Route trade volumes touch Rs 59 lakh
Gangtok, Nov. 7 With only 23 trading days left, Chinese traders continue to falter compared to their Sikkimese counterparts while conducting business through the Nathu La border trade point between the Tibetan Autonomous Region (TAR) and ...

EDUCATION: Educomp, Intel launch learning system for schools
Provide Classmate PCs for students to facilitate one-on-one learning. New Delhi, Nov. 7 Educomp Solutions Ltd, in collaboration with IT company Intel, has launched Educomp O3 Learning System for one-on-one learning in schools. The company said ...

ECONOMY: Core sector posts 5.1% growth in Sept
Coal, cement production better. New Delhi, Nov. 7 Buoyed by high growth in the production of coal and cement, the index for the six core sector industries increased by 5.1 per cent in September 2008, lower marginally compared with 5.8 per cent ...

FOREIGN TRADE: Integrated check posts: Work on first phase to be over in 3 years
Renewed thrust to trade and economic ties with neighbours. New Delhi, Nov. 7 The Cabinet Committee on Economic Affairs’ (CCEA) approval on Thursday for setting up 13 integrated check posts (ICPs) on the land borders of the country at a ...

FOREIGN TRADE: Bengal, Italy identify key areas of co-operation
Kolkata, Nov. 7 Automotives and information technology could be the two key areas of co-operation between Italy and West Bengal, according to Mr Sergio Chiamparino, Mayor of ...

EVENTS: ITC chief for lifting curbs on commodity movement
‘Distinguish between genuine farm produce buyers and commodity hoarders’. Hyderabad, Nov. 7 The ITC Chairman, Mr Y.C. Deveshwar, on Friday suggested changes in the regulatory environment that will distinguish between genuine farm ...

POWER: Energy Exchange lowers minimum trading limit to 1 MW
New Delhi, Nov. 7 In a bid to bring smaller players on the electricity trading platform, the country’s first power bourse — Indian Energy Exchange (IEX) — has lowered the minimum tradable volume under the day-ahead market to ...

FOREIGN DIRECT INVESTMENT: Probe into charges of dumping Penicillin-G from China begins
New Delhi, Nov. 7 The Designated Authority in the Commerce Ministry has initiated an investigation into alleged dumping of Penicillin-G from China following a complaint from domestic manufacturer Alembic Ltd, ...

STANDARDS & BENCHMARKS: ‘Total Quality Management needs to be more inclusive’
Bangalore, Nov. 7 The financial crisis of a magnitude not seen since World War II has brought about a dramatic ...

ENTREPRENEURSHIP: IIM-A’s social entrepreneurship fair to be held tomorrow
Indian Institute of Management Ahmedabad will organise its second on-campus Social Entrepreneurship Fair - Pratyarpan, managed by the institute’s Enter Club on ...

NON-CONVENTIONAL ENERGY: Mahagenco plans 1 MW solar power project
Power generation company, Mahagenco, is making a foray into solar power generation and is setting up a 1 MW grid connected solar power project at ...

EXCISE AND CUSTOMS: No case for hike in customs duty on veg oil
Mumbai, Nov. 7 The Government deserves to be complimented for keeping the rate of customs duty unchanged for imported vegetable oils, despite pressure mounted by the domestic oil ...

EVENTS: Darsana Book Fair from Nov. 26
T he 25th Darsana International Book Fair organised jointly by Darsana Cultural Centre and National Book Trust will be held between November 26 and December 7. About 10 lakh titles from over 200 publishing houses will be displayed and this ...

KNITWEAR & HOSIERY: Hosiery body chief passes away
The President of South India Hosiery Manufacturers Association and Managing Partner of Mohan Knitting Company, Tirupur, Mr Mohan Kandaswamy, died of cardiac arrest this afternoon. He was 75. Mr Kandaswamy has held office as Vice-President, ...