The Hindu Business Line : Thursday, November 13, 2008

INDUSTRY & ECONOMY

ECONOMY: Industrial growth slips in Sept; but ‘encouraging’
Intermediate goods post negative growth; capital goods fare well. A negative growth of 3.3 per cent in intermediate goods in September compared with 10 per cent in the corresponding period last year pulled down growth in the Index of Industrial ...

PHARMACEUTICALS: India misses out on global health fund’s largesse
Proposals rejected due to technical gaps. Mumbai, Nov. 12 India has missed the opportunity to get a slice of $2.75 billion worth of funds, recently approved by The Global Fund to fight AIDS, Tuberculosis and Malaria, due to the technical quality ...

AUTOMOBILES: Motor insurance set to become dearer
Value-added features to come at higher cost. Chennai, Nov.12 Come January 2009, you may have to pay more for your car premium, though you will get wider coverage for the extra money you shell ...

REAL ESTATE & CONSTRUCTION: Lanco Hills hikes project cost to Rs 7,200 cr
Achieves financial closure; Awaits aviation nod for Signature Tower. Hyderabad, Nov. 12 Lanco Hills, a special purpose vehicle of Lanco Infratech, has hiked the cost of the mixed development project that includes a special economic zone near ...

ECONOMY: ‘G20 must help restore confidence of investors’
Assocham submits list of measures to PM ahead of Washington meet. With an eye on the Prime Minister, Dr Manmohan Singh’s scheduled participation in the G-20 meeting of industrial and emerging economies in Washington on November 15, the ...

COAL: 12 companies interested in reopening mines of Coal India
Kolkata, Nov. 12 Twelve companies, including a host of national and international majors, expressed interest in re-opening underground mines in a 50:50 joint venture with Coal India ...

LINGUISTICS: Max Mueller Bhavan in Kerala
...

EVENTS: Seminar on global business
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REAL ESTATE & CONSTRUCTION: Thrusting insurance policies along with SHG loans not justified: Reddy
Hyderabad, Nov. 12 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked bankers not to force life insurance policies on those taking loans under Indira Kranth Patham (IKP) as it is ...

RADIO/TV: TRAI suggests State govts, political parties stay away from broadcasting activities
New Delhi, Nov. 12 The Telecom Regulatory Authority of India is not in favour of political parties, religious bodies and State governments being involved in broadcasting ...

ECONOMY: Market capitalisation to GDP ratio crosses 100% in 2007-08
Indian economy and stock market’s proximity touched a new high during the recent bull-run that climaxed in ...

INFRASTRUCTURE: Mahindra plans to spread out ‘world city’ model
Chennai, Nov. 12 With space in the 1,500-acre Mahindra World City-New Chennai, the integrated business city, nearly leased out, the Mahindra group is planning to expand the ‘world city’ concept to more locations in Tamil ...

EDUCATION: ISB to set up campus in Mohali
New Delhi, Nov. 12 Indian School of Business (ISB) has inked a tripartite agreement with Punjab Government and four leading corporate houses to set up its second campus at Mohali ...

EXCISE AND CUSTOMS: Distillery’s claim for duty waiver on wastage of rectified spirit during curing rejected
Chennai, Nov. 12 The Madras High Court has upheld the order of Commissioner, Prohibition & Excise, TN, asking Vorion Chemicals & Distilleries Ltd, Chennai, to pay duty of Rs 3,00,124 being excess wastage of 6,821.388 proof litres ...

POWER: TN chamber pleads for priority to streamlining power distribution
Madurai, Nov. 12 Tamil Nadu Government must accord top priority to 24-hour power supply unmindful of cost to prevent a breakdown of the economy, the Tamilnadu Chamber of Commerce and Industries ...

POWER: GMR to delay barge-mounted power plant shift to Kakinada
To operate at existing location on merchant basis. Bangalore, Nov.12 GMR Infrastructure Ltd has informed BSE that GMR Energy Ltd, the company’s 100 per cent subsidiary company, having a 220-MW power plant at Mangalore, has deferred its ...

MEDICAL INSTITUTIONS & HOSPITALS: Gujarat to upgrade Civil Hospital in Ahmedabad
Gandhinagar, Nov. 12 The Gujarat Government will upgrade the Ahmedabad-based Civil Hospital to a 5,150-bed facility to serve 25 lakh ...

EVENTS: President’s colours
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AUTOMOBILE COMPONENTS: Double whammy for SMEs in Pune auto hub
Pune, Nov. 12 A lower demand for their products from an auto industry in the grip of a slowdown, coupled with higher cost of production on account of irregular power supply is dealing out a double whammy to the small- and medium-scale ...

PETROLEUM: Fuel price cut only after crude prices, rupee stabilise: Deora
New Delhi, Nov. 12 The Government would consider reducing the domestic retail selling prices of petroleum products only when global crude prices and the rupee stabilise, the Petroleum Minister, Mr Murli Deora, said here on ...

SCIENCE & TECHNOLOGY: Chandrayaan-1 reaches lunar slot
Bangalore, Nov. 12 Indian space scientists on Wednesday ‘lassoed’ Moon exactly three weeks since they sent up the lunar orbiter mission ...

ECONOMY: Rural-urban gap widens in reform years
Surveys on household expenditure, conducted by the National Sample Survey Organisation, point out that the monthly per capita consumption expenditure (MPCE) in rural India has grown at a negligible rate in real terms, while growing at ...