The Hindu Business Line : Thursday, January 08, 2009

INDUSTRY & ECONOMY

TRADE & LABOUR UNIONS: Oil officers’ strike hits fertiliser sector
17 urea plants shut down affecting daily production. New Delhi, Jan. 7 Day one of the indefinite strike called by the public sector oil companies’ officers has started impacting the commercial sector. While the Petroleum Ministry termed it ...

EDUCATION: ‘Downturn will see B-schools in greater demand’
Dipak Jain, Dean, Kellogg School of Management, on teaching students to deal with recession, ethics and how people believe a slowdown’s the best time to invest in education. Dipak Jain’s journey from a small town in Assam to head one ...

POWER: KSEB plans capital investment of Rs 1,370 cr in 2009-10
The Kerala State Electricity Board (KSEB) has projected a total capital investment of around Rs 1,370 crore, covering generation, transmission and distribution sectors, ...

INVESTMENTS: Delegation from 37 nations to attend Vibrant Gujarat meet next week
Ahmedabad, Jan. 7 Business delegations from 37 countries and about 60 transnational companies would attend the Fourth Vibrant Gujarat Global Investors’ Summit (VGGIS), scheduled to be held here on January 12 and 13, with Japan as a ...

INDUSTRY ASSOCIATIONS: Shocked at Satyam affair, chambers call for blocking corporate loopholes
Biz bodies say move to stop erosion of confidence necessary. Hyderabad/New Delhi, Jan. 7 India Inc has expressed shock and disbelief at the Satyam episode, stating that loopholes must be plugged in regulation, audit and governance to restore the ...

PETROLEUM: Fuel price cut in the offing
Another cut in fuel prices could be expected in the next two to three weeks. The Petroleum Minister, Mr Murli Deora, on Wednesday indicated a possible reduction in the price of petrol and diesel. He also hinted at a possible cut in cooking ...

HUMAN RESOURCES: Denmark keen to source skilled manpower
Kolkata, Jan 7 Denmark is ready to look at sourcing skilled manpower from India in various areas such as IT, medical and engineering, according to Mr Ole Lonsmann Poulsen, Ambassador of Denmark ...

INDUSTRY ASSOCIATIONS: ‘Unjustifiable damage to Brand India, Brand IT’
Mumbai, Jan. 7 India Inc reacted with shock and dismay to the latest twist to the Satyam Computer Services episode on Wednesday when the chairman, Mr B. Ramalinga Raju, admitted to financial wrongdoing in ...

INFRASTRUCTURE: Pampa Action Plan work moving at a snail’s pace
Contamination during pilgrimage season continues. Kochi, Jan. 7 The alleged impervious attitude of the State government authorities towards timely implementation of the Pampa Action Plan (PAP) under the National Conservation Programme (NRCP) ...

FOREIGN DIRECT INVESTMENT: M&M venture with BAE among 34 proposals cleared by FIPB
New Delhi, Jan. 7 The proposal of Mahindra and Mahindra to set up a joint venture company with BAE Systems was approved by the Foreign Investment Promotion Board (FIPB) here on ...

NON-CONVENTIONAL ENERGY: Gujarat announces solar power policy
Ahmedabad, Jan. 7 To promote green and clean power in the State, the Gujarat Government is giving a thrust to solar power generation, offering a number of incentives under its new solar energy policy. The Government would also put in place ...

WATER: Focus on standards at drinking water expo
Pune, Jan 7 To create awareness about drinking water conditions in the country, a taskforce has been formed by the Philadelphia-based Water Quality Association (WQA) in India. The taskforce will hold its first review meeting in New Delhi ...

FOREIGN TRADE: Trinidad & Tobago woos investors
Mangalore, Jan. 7 At a time when major export markets are going into recession, it is essential for the Indian exporters to explore other markets such as CARICOM (Caribbean Community) and Latin American nations. In such a situation, the ...

NRIS: PM to open Pravasi Bharatiya Divas today
Chennai, Jan. 7 The stage is set for the seventh edition of Pravasi Bharatiya Divas 2009, to be inaugurated by the Prime Minister, Dr Manmohan Singh, on Thursday ...

INDUSTRY ASSOCIATIONS: ‘Stand-alone’ case of failure: Nasscom
New Delhi, Jan. 7 The National Association of Software and Services Companies has termed Satyam incident as a ‘stand-alone’ case of failure of corporate governance, and expressed hope that it would not be viewed as a reflection on ...

EDUCATION: PurpleLeap launches career centres in AP
Hyderabad, Jan. 7 PurpleLeap, a part of Educomp which is an initiative for graduates and college students, announced the launch of its career centres in ...

INFRASTRUCTURE: ‘Satyam crisis will not hit AP projects’
The crisis engulfing the Satyam Computers will have no bearing on the two key projects (Hyderabad metro and Machilipatnam port project) awarded to a group company (Maytas Infra), according to Mr K. Rosaiah, the State Finance ...

INDUSTRY ASSOCIATIONS: Airport ground handlers form association
Bangalore, Jan. 7 Small and mid-sized ground handling companies operating at airports have united under a new forum – the Indian Airport Ground-handlers’ Association ...

INFRASTRUCTURE: Warehousing zone at Panvel
Modern India Free Trade Warehousing Pvt Ltd., a subsidiary of Modern India Ltd., has received the ‘in-principle approval’ from the Central Government for its proposed Free Trade Warehousing Zone at Panvel, near here. The zone is to ...

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