The Hindu Business Line : Friday, November 21, 2008

INDUSTRY & ECONOMY

ECONOMY: Even as WPI inflation falls, CPI inflation rises
New Delhi, Nov. 20 Even as inflation rates, based on the official wholesale price index (WPI), are coming down, it does not seem to be percolating down to the ...

POWER: 250 MW surplus captive power may be available for third party sales
Supply through TNEB’s transmission infrastructure. Chennai, Nov. 20 Over 250 MW of power from surplus captive power capacity with large industries and biomass-based units is expected to be available through third party sales in Tamil ...

COAL: ‘Global developments will affect coking coal imports’
Industrialist turned politician Santosh Bagrodia, the Minister of State for Coal, took charge of the Coal Ministry in April this year. Within a short span of seven months he has been witness to ups and downs in ...

EXPORTS & IMPORTS: Value-added spices contribution rising in exports basket
End users find direct sourcing competitive. Kochi, Nov 20 If the latest trend in the pace of growth in value-added spices exports such as curry powder/paste and spices oils and oleoresins is any indication, the shipments of bulk spices would ...

EDUCATION: India, UK accountancy bodies ink MoU
New Delhi, Nov. 20 Chartered accountancy bodies of India and the UK have signed a memorandum of understanding (MoU) that provides for mutual recognition of ...

INDUSTRY ASSOCIATIONS: FICCI, ASQ tie up to train firms in quality
The Federation of Indian Chamber of Commerce and Industry has entered into a 50:50 joint venture with American Society for Quality (ASQ), a company dealing with organisational excellence and ...

EDUCATION: TNAU, Canada varsity tie up
The Tamil Nadu Agricultural University has inked an agreement with the Nova Scotia Agricultural College, Canada to establish academic and research linkages. Both the institutes have evinced interest in starting a Dual Degree Programme at the ...

AWARDS & HONOURS: Metallurgist of the Year award
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EDUCATION: National Instruments opens academy
National Instruments, a global manufacturer of automated test equipment and virtual instrumentation software, opened its first training academy LabVIEW at the Thiagarajar College of Engineering here on Wednesday. The devices made by ...

SCIENCE & TECHNOLOGY: NGRI chief elected Fellow
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PETROLEUM: Oil companies on slippery wicket
Mumbai, Nov. 20 Crude prices may have fallen to $55 a barrel but this has been of little help to the Big 3 — IndianOil (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) — whose bottomlines are ...

EDUCATION: S. Rethinavelu, Sr. President, Tamilnadu Chamber of Commerce and Industry; Thiagarajar School of Management, Madurai
Madurai, Nov.20 India must continue with the globalisation process with necessary changes, taking the lessons from the present global financial crisis. Capital spending should increase to sustain growth and development in the present ...

INFRASTRUCTURE: Govt, RBI to look at funding options for IIFCL: Chidambaram
New Delhi, Nov. 20 The Finance Ministry and the Reserve Bank of India may look at providing more money to India Infrastructure Finance Company Ltd (IIFCL), a Government-owned company, as part of efforts to boost infrastructure financing in ...

EXPORTS & IMPORTS: Edible oils export in packs allowed
New Delhi, Nov. 20 In partial modification to the total ban imposed on the export of edible oil from the country, the Government on Thursday said it would permit export of edible oils in branded consumer packs of up to 5 kg, subject to ...

INFRASTRUCTURE: Six sector-specific clusters to be set up
New Delhi, Nov. 20 In a bid to improve the living and socio-economic conditions of the weavers and artisans, the Government on Thursday approved the setting up of six sector-specific clusters at an estimated cost of Rs 420 ...

STEEL: Steel producers renegotiate prices with overseas coal suppliers
Kolkata, Nov. 20 Steel manufacturers, both in private and public sectors, have started renegotiating coking coal prices with overseas suppliers, mainly those in Australia, in view of present economic slowdown hitting the ...

EVENTS: ‘Rock the boat’
“Rock the boat. Status quo will not get you anywhere,” Mr Pramod Bhasin, President and CEO, Genpact, told a packed hall of women IT professionals ...

EDUCATION: ICWAI signs MoU with Oman firm
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EMPLOYMENT: Govt jobs, the lure
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ECONOMY: Slowdown blues
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TOURISM: On the way out
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DOUBLE TAXATION TREATIES: India, Tajikistan sign taxation pact
New Delhi, Nov. 20 India and Tajikistan have signed a double taxation avoidance agreement (DTAA) here on ...

PETROLEUM: RBI may allow special market operations for oil bonds
Mumbai, Nov. 20 The Reserve Bank of India may restart the special operation market operation (SMO) facility to directly provide dollar liquidity to oil companies, said ...

EXCISE AND CUSTOMS: Decision to reimpose Customs duty on crude soya oil intriguing
Move likely to give a fillip to palm oil. Mumbai, Nov. 20 The Union Government’s decision to impose Customs duty of 20 per cent ad valorem on imported soyabean oil has the scent of a palace intrigue. There was no justification to tinker ...