The Hindu Business Line : Wednesday, November 26, 2008

INDUSTRY & ECONOMY

ECONOMY: ‘No change in average 11th Plan growth target’
Montek sees GDP growth at 7% this year. New Delhi, Nov. 25 The Planning Commission has ruled out any immediate tinkering with the average 9 per cent gross domestic product growth target of the 11th Five-Year Plan, though the current year would ...

EXPORTS & IMPORTS: Wheat imports turn a cheaper proposition
But mills unlikely to go for the bait, await FCI sale. Chennai, Nov. 25 Even as farmers in wheat-growing States await the Centre’s decision on raising the minimum support price (MSP) for the rabi crop, global traders are offering the grain ...

HUMAN RESOURCES: Mobile retailers continue hiring despite slowdown
Expansion plans fuel staff intake. Mumbai, Nov. 25 At a time when lay-off fears are beginning to haunt the Indian workforce, most domestic players in the growing mobile retail market have not switched off their ...

REGULATORY BODIES & RULINGS: DoT sets the ball rolling for launching number portability
Invites bids from tech companies to set up the system. New Delhi, Nov. 25 Kick-starting the process for implementing mobile number portability (MNP), the Department of Telecom has invited bids from technology companies which will set up the ...

REGULATORY BODIES & RULINGS: CERC issues notice to TNEB for overdrawing power
Chennai, Nov. 25 Central Electricity Regulatory Commission (CERC) has issued notice to the Tamil Nadu Electricity Board for overdrawing power from the grid, according to Dr Pramod Deo, the ...

PETROLEUM: Russia may go along with OPEC in cutting production
Cartel of gas exporting countries on cards. Russia may go along with Organisation of Petroleum Exporting Countries (OPEC) in cutting production to support prices. This was indicated by the Russian Energy Minister, Mr Sergey Shmatko, here at the ...

ECONOMIC OFFENCES: Time for redressal in IPO scam may be around the corner
SEBI has Rs 8.98 cr in fund; waiting for corpus to touch Rs 10 cr. Mumbai, Nov. 25 The time for redressal for investors who lost their money in the IPO scam is ...

POWER: Govt to meet power developers
The Centre is scheduled to call a meeting with power project developers early next month to discuss relief measures in light of reports of promoters facing difficulties in tying up funds for projects in the pipeline. “The Ministry (of ...

ECONOMY: Credit plan for Theni district
The potential linked credit plan for Theni district, prepared by the National Bank for Agriculture and Rural Development (Nabard) for 2009-10, envisages a credit outlay of Rs 904.91 crore, up by 11.6 per cent from Rs 810.51 crore in 2008-09. ...

ANTI-DUMPING: Dumping duty on caustic soda to continue
New Delhi, Nov. 25 The Designated Authority in the Commerce Ministry has recommended continuation of the existing definitive anti-dumping duty on caustic soda imports from China and South ...

SSI: Banks to extend Rs 181-cr loan for khadi and village industries in AP
Hyderabad, Nov. 25 The Khadi and Village Industries Commission (KVIC), Andhra Pradesh, has set a target of Rs 181 crore disbursals under the Prime Minister’s Employment Generation Programme (PMEGP) during the current ...

EVENTS: Raja pitches for three-year extension of STPI tax sops
New Delhi, Nov. 25 The Minister for IT and Communications, Mr A. Raja, said on Tuesday that he would soon approach the Prime Minister to seek an extension of tax exemptions available under the STPI (Software Technology Park of India) scheme, ...

SCIENCE & TECHNOLOGY: Bharat Navigation, Korean co set up plant in Chakan
Pune, Nov. 25 The first navigation system plant has been set up by Pune-based Bharat Navigation Pvt Ltd and the Korea-based J Communication Co. ...

NON-CONVENTIONAL ENERGY: ‘Provide incentives for foreign investments in wind energy’
Chennai, Nov. 25 India is a difficult environment for foreign investments in wind energy, says Mr Andrew Garrad, Chief Executive Officer and Founder, Farrad Hassan and ...

INFRASTRUCTURE: Mangalore Corpn plans five markets
Mangalore, Nov. 25 The Mangalore City Corporation (MCC) is planning to build modern markets in five places in the city, according to Mr Sameer Shukla, ...

POWER: US nuclear mission coming next week
New Delhi, Nov. 25 The largest trade mission of US nuclear executives is set to arrive in India on December 2 to make a pitch for the sale of American reactors for the new imported Light Water Reactor-based capacities on the anvil in the ...

HUMAN RESOURCES: ‘IIT faculty vacancies at 30%’
New Delhi, Nov. 25 There is a 30-per cent vacancy among faculty positions in the Indian Institutes of Technology , Mr Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, said, observing that good faculty was hard to come by ...

TOURISM: Indian tourism not hit by meltdown: Ambika Soni
New Delhi, Nov. 25 The slowdown in the global economy has not affected the tourism sector, the Minister for Tourism, Ms Ambika Soni, said here ...

BOOKS: Madurai book fair from Nov 27
The third edition of Madurai Book Fair will be held in the city at Tamukkam grounds from November 27 to ...

TOURISM: Kerala fears fall in tourist arrivals
The Kerala Government is expecting a fall in tourist arrivals in the State in the wake of the global ...

ECONOMY: Visakhapatnam Commissioner of Police, Mr N. Sambasiva Rao; Integral Institute of Advanced Management, Visakhapatnam
Visakhapatnam, Nov. 25 Speculation, fuelled by greed, leads to economic disaster, as the US is witnessing today, and only growth based on wealth creation through value-addition can be sustained in the long run, according to the ...

EDUCATION: Prof P. Vijayachandran, Director of Hospitality Management at Marian College, Kuttikanam; VINS Christian Engineering College, Chunkankadai, Nagercoil
Thiruvananthapuram, Nov. 25 “There is more to an interview than simply answering questions. Candidates should be able to market their skills and strengths during this interaction. The ability to communicate effectively is a quality ...