The Hindu Business Line : Monday, January 26, 2009

INDUSTRY & ECONOMY

EDUCATION: ePen for teachers
UK-based Edexcel has come up with technology for automated answer sheet marking.. Exams are the bane of any student’s life. Unbelievable as it may seem, teachers too don’t like exams. Can you imagine reading and marking scores of ...

ECONOMIC OFFENCES: Machilipatnam Port: Police probing financial irregularities
The port is being developed by Maytas Infra-led consortium. Hyderabad/Chennai, Jan. 25 The Andhra Pradesh police are investigating complaints of financial and other irregularities in Machilipatnam Port Ltd, a company floated by a Maytas ...

TEXTILES: NTC to offer complete value chain
Plans to branch into weaving, processing, garmenting. New Delhi, Jan. 25 The National Textile Corporation (NTC) has big plans to emerge from a mere spinning company to complete the value chain by branching into weaving, processing and garmenting ...

PHARMACEUTICALS: Paswan asks GoM to take final call on pharma policy
Draft policy in the works for long. Mumbai, Jan. 25 With no final word yet on the prospective pharmaceutical policy, despite it being referred to the Group of Ministers two years ago – the Union Minister for Chemicals and Fertilizers, Mr ...

SSI: MSMEs likely to get Rs 13,000-cr loan at 10%
Chennai, Jan. 25 Between now and March-end, micro, small and medium enterprises are expected to get loans from public sector banks to the tune of Rs 13,000 crore, at a rate not exceeding 10 ...

ECONOMY: Growth pangs
That the Prime Minister’s Economic Advisory Council (EAC) has revised GDP forecasts for the current year downwards to 7.1 per cent from its July estimate of 7.7 per cent is hardly surprising. Economic indices have been none too encouraging ...

PETROLEUM: Petronet to sign gas supply deal with Gorgan in Feb
Kochi, Jan. 25 Petronet LNG Ltd (PLL) will sign a gas supply contract with Australian consortium Gorgan Projects in February for supply of LNG to its 2.5-million-tonne-a-year terminal in Kochi to be commissioned by ...

POWER: KSEB sanction for Kuttiadi hydel project
Thiruvananthapuram, Jan. 25 A full board meeting of the Kerala State Electricity Board (KSEB) has given administrative sanction of Rs 22.56 crore for implementing the 4 MW Kuttiadi small hydro-electric ...

TEXTILES: Frankfurt textile expo disappoints exporters
Coimbatore, Jan. 25 Exporters of home textiles products (in and around Karur region) say this is the first time in several years that they have returned home “empty handed” after attending the Heimtextil Fair ...

VENTURE CAPITAL: Venture fund for creating employment launched
Chennai, Jan. 25 VenturEast, a Hyderabad-based private equity fund manager and Bharatiya Yuva Shakti Trust, a NGO, on Saturday joined hands to launch a ‘BYST Growth Fund’ that will provide finance and mentoring for ...

ECONOMY: Connecting the dots
This week I will be in the Swiss ski resort of Davos to attend the annual meeting of the World Economic Forum, and I wholly expect it to be a unique, irreplaceable five days. There can be no more important time for the world’s leading ...

ECONOMY: Mission on India@75
The Confederation of Indian Industry (CII) is to be congratulated for launching a “Mission on India@75 — The Emerging Agenda” for putting together a comprehensive blueprint intended to facilitate “the acceleration ...

EXPORTS & IMPORTS: Gold imports likely to fall 15-20%
Chennai, Jan. 25 Import of gold is expected to fall by about 15-20 per cent, because of the slowdown in the economy and volatility in gold prices, experts ...

COAL: Australian coal pinch
Australian hard coking coal, which is in demand among steel producers around the world, may not be imported by our steel plants in as much quantities as planned during the remainder of the current fiscal. The reason: While our steel ...

SSI: NIC package scheme for SMEs
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TERRORISM: ‘Alert Kerala’ campaign
Idea Cellular has joined hands with Kerala Police in its campaign against terrorism. Called ‘Alert Kerala’, this campaign aims at educating the general public for combating terror. IDEA has donated the helpline ...

EVENTS: Talk on security scenario
The Kanara Chamber of Commerce and Industry (KCCI) will organise a talk on ‘Karnataka security scenario’ here on January 27. A KCCI statement said here on Saturday that Mr R. Srikumar, Director General and Inspector General of ...