Business Daily from THE HINDU group of publications
Thursday, November 20, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, November 20, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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INDUSTRY & ECONOMY REAL ESTATE & CONSTRUCTION: DLF-Fortis hospital venture facing delays New Delhi, Nov. 19 Issues seem to have cropped-up regarding DLF’s pact with Fortis Healthcare for setting-up super-speciality hospitals in DLF townships. This comes at a time when the real estate giant is facing deferment of some of ... RADIO/TV: More buck for the bang FM radio stations raise ad rates by 15-20 per cent, claiming it’s a much needed hike and commensurate with the value the medium offers.. FM radio in India believes it is finally coming of age as an efficient and cost-effective medium of ... EXCISE AND CUSTOMS: Set right anomalies in excise structure, say carmakers Auto sector unlikely to heed Finance Minister’s call. Mumbai, Nov. 19 The auto industry is still flummoxed over the Finance Minister, Mr P. Chidambaram’s comment on Tuesday that prices of cars and two-wheelers could be reduced in ... ECONOMY: Hotel sector feeling the slowdown heat 20-30% additional room capacity plan to be deferred. Mumbai, Nov. 18 The heat of global economic meltdown is being felt by upcoming hotel projects in India. Some of these ventures are likely to be delayed or put on ... GEMS & JEWELLERY: Gold demand mocks economic slowdown, hits record high Indian demand increases 66% on safe haven bids. Mumbai, Nov. 19 Despite the global economic gloom, demand for gold in India registered the highest growth of 66 per cent at Rs 30,600 crore in the third quarter of 2008 as investors sought a safe ... ECONOMY: State Budget in for mid-course correction Finance Minister confident of meeting objectives. Hyderabad, Nov. 19 The Andhra Pradesh Finance Minister, Mr K. Rosaiah, on Wednesday hinted at some mid-course correction of the State Budget due to lower than projected cash inflows and ... HEALTH: Shrinks see spike in practice on market blues Mumbai, Nov. 19 To the city-based psychiatrist Dr Ashutosh Rane, the new visitor to his clinic – a businessman – looked fairly calm and unruffled, so he was a little unprepared to hear his patient’s opening words: ‘I ... POWER: TNEB order imposing conditions on tariff sops set aside ‘It was contrary to apex court directions’. Chennai, Nov. 19 The Madras High Court has set aside the memo of June 10, 2008 of the Tamil Nadu Electricity Board imposing conditions, contrary to directions of the Supreme Court, for ... MINING & QUARRYING: ‘Govt will spend Rs 800 cr for uranium exploration’ Pvt sector, global cos interested in N-power expansion. Hyderabad, Nov. 19 The Union Government is committed to spend Rs 700-800 crore for exploration of uranium resources during the current ... EXCISE AND CUSTOMS: Import duty fails to prop up steel, edible oil co stocks Govt measures too little, too late, feel analysts. Mumbai, Nov. 19 The Government measures to protect the steel and edible oil companies from cheap imports seem inadequate, particularly when the commodity prices are testing new lows in the ... PETROLEUM: GAIL seeks tenders again for Vijaipur-Dadri-Bawana project Steel prices dip may cost the company Rs 250 cr. New Delhi, Nov. 19 GAIL (India) Ltd has maintained that the current economic slowdown is not going to affect its projects. However, following a steep fall in steel prices, the company has decided ... PHARMACEUTICALS: Goose Tech tool for pharma sector Compliance and risk management solutions provider, Goose Technologies, has rolled out a new risk and compliance management solution for the pharmaceutical industry. “With Procon 2.0, pharmaceutical firms will be able to bring a high degree ... REAL ESTATE & CONSTRUCTION: Builders’ body urges members to lower prices Mumbai, Nov. 19 The Confederation of Real Estate Developers’ Association of India (CREDIA) call to its members to lower prices comes at a time when the builder fraternity has already seen a price erosion of 30 per cent over the last ... EXPORTS & IMPORTS: Sensitive items imports up in first half New Delhi, Nov. 19 In line with the general upsurge in import items, import of sensitive items being monitored by the Department of Commerce too registered a hefty growth during the first half of the current ... HOTELS: Hyderabad to add 4,000 hotel rooms by 2010 Occupancy levels increase; revenues get tighter. Hyderabad, Nov. 19 The hospitality sector in Hyderabad is in a state of transition – bracing up to add about a whopping 4,000 rooms in couple of years in the backdrop of concerns of general ... PLASTICS: Slowdown woes hit plastics industry Units cut production, seek sops. Mumbai, Nov. 19 The economic slowdown has tamed domestic demand of plastic products, which has severely bruised the Rs 25,000-crore ... TEXTILES: Ministry to review progress, scope of textile upgradation fund scheme Calls for EoIs from external consultants. The Ministry of Textiles has sought expression of interest (EoI) from external consultants for an evaluation of the Technology Upgradation Fund Scheme (TUFS). The consultants have been asked to submit ... EMPLOYMENT: Maharashtra reserves 80% of jobs in SEZs for locals Mumbai, Nov. 19 Companies planning to set up businesses in the 140 upcoming SEZs in Maharashtra will have to reserve 80 per cent of their jobs for residents in the State, according to Mr Ashok Chavan, Minister for Industries, ... EVENTS: Isaac urges Centre to hike public spending Thiruvananthapuram, Nov. 19 The Centre should take a bold decision to increase public spending by around Rs 1 lakh crore over the next couple of years, the Kerala Minister for Finance, Dr Thomas Isaac, said here ...
EVENTS:
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