The Hindu Business Line : Tuesday, January 13, 2009

INDUSTRY & ECONOMY

ECONOMY: Industrial production grows 2.4% in Nov
Better than the 0.4% decline in October. Industrial growth bounced back to the positive zone in November 2008 with the Index of Industrial Production (IIP) registering a growth of 2.4 per cent during the month as compared to a negative growth of ...

EVENTS: Vibrant Gujarat meet begins; 444 MoUs signed
Investments to the tune of Rs 7.49 lakh cr pledged. Ahmedabad, Jan. 12 The ‘Vibrant Gujarat Global Investors’ Summit (VGGIS) 2009” got off to a colourful start at Science City here on Monday with investors from India and ...

RURAL DEVELOPMENT: How did China reduce rural poverty?
The Chinese case has often been cited as an example of how rapid GDP growth is associated with poverty reduction. Yet in fact it illustrates quite sharply the crucial importance of growth in agricultural incomes for poverty reduction, in a ...

EXPORTS & IMPORTS: Food Ministry plans easing raw sugar imports
‘Tonne-to-tonne’ facility may be allowed till Sept 30. New Delhi, Jan. 12 The Centre is all set to relax duty-free imports of raw sugar against advance licences (AL) by allowing it on a ‘tonne-to-tonne’ basis till ...

ECONOMY: Inflation calmed, not beaten
With the rate of inflation declining steadily in recent weeks to touch a 10-month low of 5.91 per cent (week ended December 27), there is possibly a smug feeling in New Delhi that the price situation is fully under control. The fact is it is ...

PETROLEUM: Govt for competitive, market oriented hydrocarbon sector: Pranab
New Delhi, Jan 12 The Government favours a competitive and market oriented hydrocarbon sector with increasing private sector and foreign investment in all the important segments of the industry, the External Affairs Minister, Mr Pranab ...

PETROLEUM: Rajasthan crude similar to Indonesian varieties, says Cairn
New Delhi, Jan. 12 Cairn India Ltd on Monday indicated that specifications of its crude to be produced from Rajasthan fields are similar to that of Indonesian crude ...

REAL ESTATE & CONSTRUCTION: HCC to build Rs 40,000-cr ‘water front city’ in Gujarat
Mumbai, Jan 12 Hindustan Construction Company has signed a memorandum of understanding with the Gujarat Government to develop a ‘Water Front City’ at Dholera with an investment of Rs ...

BIO-TECH & GENETICS: ‘Genetically modified foods pose health hazards’
Hyderabad, Jan. 12 The assumption promoted by biotechnology companies such as Monsanto and others that genetically modified seeds would give increased yields is not true, Mr Jeffrey M. Smith, Executive Director, Institute for ...

TEXTILES: Textile exporters worried over China threat
As China comes out of quota regime on exports to US. Chennai, Jan. 12 Textile and garment exporters, hit by a market slump overseas, have a new cause for worry as China comes out of a quota regime on exports to ...

POWER: Tiroda project: Adani Power renegotiates equipment cost
Riding on commodity price meltdown. Kolkata, Jan. 12In an effort to take advantage of the meltdown in commodity prices, Adani Power Ltd (APL) seems to have renegotiated the cost of critical equipment with the Chinese contractor for its super ...

PETROLEUM: Gas production from KG fields expected by Feb-end: RIL
New Delhi, Jan. 12 Reliance Industries Ltd (RIL) expects to start the trial production of gas from its Krishna-Godavari (KG) basin fields by ...

POWER: BHEL, Karnataka Power sign pact for projects
Bangalore, Jan. 12 Public sector BHEL and the State Government-owned Karnataka Power Corporation Ltd signed a joint venture agreement for setting up projects totalling 2,400 MW at Yeramarus and Yedlapur, both in ...

COURTS/LEGAL ISSUES: Vodafone moves SC against tax order
New Delhi, Jan 12 Vodafone has moved the Supreme Court challenging the Bombay High Court order upholding a show-cause notice issued by the Income-Tax Department asking the telecom firm to pay $2 billion post its acquisition of ...

SCIENCE & TECHNOLOGY: N-E gets health educational tool from C-DAC
Pune, Jan. 12 Centre for Development of Advanced Computing (C-DAC) has inaugurated the Param Sheersh Supercomputing Facility set up at NEHU (North Eastern Hill University) which would aid in conducting research in strategic areas of ...

EVENTS: Beach quiz a hit with corporates, B-schools
Mangalore, Jan. 12 ‘Quiz on the Beach’ – the flagship event of Atharva (an annual management fest of T.A. Pai Management Institute, Manipal) – which was conducted on Kaup beach in Udupi district, attracted ...

MEDICAL INSTITUTIONS & HOSPITALS: Kalam quits EMRI Board
Hyderabad, Jan. 12 The EMRI (Emergency Medicare and Research Institute), which runs the highly popular, live-saving service ‘108’, has seen an exodus from its 12-member, high profile Board of Governors, including former President ...

POWER: Textile industry seeks relief package to beat downtrend
New Delhi, Jan. 12 Hit by the ongoing financial crisis and a slowdown in demand across both the domestic and key export markets, the country’s textile industry has sought a relief package to ride out ...

TOURISM: IRCTC plans budget tours from Chennai, Mumbai
Kolkata, Jan. 12 India Railway Catering & Tourism Corporation (IRCTC) will shortly launch ‘Bharat Darshan’ tour programmes for budget travellers from Chennai and Mumbai. The details are being worked ...

POWER: ‘Civil nuclear programme offers scope for big investments’
New Delhi, Jan. 12 India’s civil nuclear energy programme offered a $160 billion investment opportunity over the next 20 years as the country embarks on ramping up atomic power capacity to an estimated 63,000 MW by the year 2032, ...

EDUCATION: Cambridge sets up Manmohan Singh scholarship
New Delhi, Jan. 12 University of Cambridge has announced a new scholarship programme in honour of the Prime Minister, Dr Manmohan Singh, for Indian students at under-graduate level. The university intends to provide full funding to about ...