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Wednesday, December 31, 2008
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INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Sports goods exporters feeling left out, seek fair play
STIMULUS PACKAGE. New Delhi, Dec. 30 Sports goods exporters are crying foul for having been left out of the list of labour-intensive sectors to benefit from a special fiscal ...

PETROLEUM: Gold was the best, oil the worst
Ironical, isn’t it, that gold should be the best performing commodity in a year when crude oil turned out to be the worst? After all, gold prices have historically marched in-step with crude oil. Remember that gold attained its ...

REAL ESTATE & CONSTRUCTION: Fortunes of cement industry hinge on revival of real estate sector
Mumbai, Dec. 30 The cement industry seems to have come a full circle as the year draws to a ...

POWER: Coimbatore industries set their face against power holiday
May appeal to TNERC, seek legal remedy. Coimbatore, Dec. 30 Industries in Coimbatore have planned to flood the Government and the State electricity board (TNEB) with telegrams asking them not to go ahead with the plan to enforce two-days-a-week ...

SCIENCE & TECHNOLOGY: Approval process for R&D related tax benefit decentralised
Applicant co seeking tax benefit cannot outsource scientific research. New Delhi, Dec. 30 Outsourcing of scientific research, particularly by small and medium enterprises, to companies involved in commercial R&D may soon get a ...

PETROLEUM: Oil cos keep their fingers crossed for 2009
See marginal profits for Jan-March, but not enough to offset losses. Mumbai, Dec. 30 This is a year best forgotten for the Navaratna trio of Indian Oil (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation ...

EDUCATION: C. Mohan Ram, Managing Director, Lattice Bridge Infotech; Madha Engineering College, Kundrathur
Chennai, Dec. 30 Automated speech recognition (ASR) and speech biometrics can bring efficiency, transparency and process improvements to customer interactions (internal and external) which is the need of the hour, said Mr C. Mohan Ram, ...

NON-CONVENTIONAL ENERGY: Solar power projects being scaled up
NTPC, Acme making plans for 10-MW projects. New Delhi, Dec. 30 Solar power projects, which have so far been in the fringes of the energy portfolio on account of viability issues, could finally see some scaling ...

STEEL: Posco may put India plans on hold
New Delhi, Dec. 30 Korean steel giant Posco is considering putting its India plans on ...

EVENTS: NTPC hosts workshop on RTI Act
A one-day workshop on The Right to Information Act was organised by NTPC Ltd at Southern Region headquarters in Secunderabad today. During the meeting, the Chief Information Commissioner, Government of Andhra Pradesh, Mr Arha, said ...

FOODS & FOOD PROCESSING: Kinfra park to have food processing incubation centre
Kochi, Dec. 30 The State Industries Minister, Mr Elamaram Kareem, will inaugurate the Food Processing Incubation Centre and Water Supply Scheme at Kinfra Food Processing Park, Kakkancherry on January 1, ...

REAL ESTATE & CONSTRUCTION: Oversupply in commercial real estate may continue in 2009
Some cos plan to sub-lease excess space. Bangalore, Dec. 30 The over-supply scenario that 2008 had witnessed in the commercial real estate space could well continue in 2009, says the annual year-end report by Cushman & Wakefield, real estate ...

FOREIGN TRADE: Indo-US trade meet next month
New Delhi, Dec. 30 The fifth Indo-US Economic Summit will be held in the capital on January 7 and 8, Dr Prasad Medury, Summit Chairman and Partner Amrop International, said here ...

NON-CONVENTIONAL ENERGY: TN wind power producers seek Govt support
Chennai, Dec. 30 The Indian Wind Power Association has sought the intervention of the Tamil Nadu Government to direct the Tamil Nadu Electricity Board to return the wind energy banked with it by the wind ...

EMPLOYMENT: Benefits for NIRD employees
...

EMPLOYMENT: Hiring dips sharply in Oct
Bangalore, Dec. 30 Slowdown in hiring, which is generally around 10 per cent in October every year, has declined sharply this year, falling by almost 21.9 per ...

RADIO/TV: A roller-coaster ride for the media industry
In January 08, the media was exuberant, riding high on its big plans and growth projections for the TV-loving Indian market. But as the year comes to an end, plans are being downsized or postponed. The year pretty much replicated all the drama ...

SSI: SSIs’ plea on power cut
The Madurai District Tiny and Small Scale Industries Association has appealed for a one-day power cut a week. While welcoming the proposal announced by the Electricity Minister, Mr Arcot.N.Veeraswami, to reduce the quantum of power cut from 40 ...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (Dec 30)
Nifty (at close)2979.50(+57.30)
US Dollar (Buy/Sell)48.47/49
Brent crude (a bbl) Rs1,709
Gold (a gram) Rs1,253
Silver (a kg) Rs18,600


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In Focus
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Slowdown clips insurance sector growth: IRDA

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An island powered by renewable energy

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GAIL agrees to supply additional gas to RIL

SEBs wheel in cheap power through smart overdrawals

Oil cos put on hold plans to invest in Brazil

NTPC chalks out ‘green plans’

‘Export-linked sectors likely to be hit harder’

2 lakh small, medium units may turn sick on slowdown

10% additional cover for exporters on the cards

Alerting auditors on fraud

DTH players told to work together, pool resources

ISRO’s proposal for manned mission submitted to Govt

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