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Thursday, January 29, 2009
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INDUSTRY & ECONOMY

REGULATORY BODIES & RULINGS: Cos start divulging pledged share data
Voluntary disclosures before SEBI guidelines. Kolkata, Jan. 28 Voluntary disclosures have begun to trickle in before SEBI has made the necessary notification for mandatory disclosures by promoters regarding shares pledged by ...

REAL ESTATE & CONSTRUCTION: Bangalore developers move to affordable housing segment
The real estate industry desperately wants buyers back in the market. The mid-market residential category (Rs 50 lakh to Rs 70 lakh) is no longer attractive in Bangalore, and developers are moving towards the affordable (sub Rs 30 lakh) ...

RESEARCH & DEVELOPMENT: Indian Ocean, hotspot for research work
Tokyo, Jan 28 The Indian Ocean is becoming the hotspot for research activities by major international institutions with studies indicating its growing influence on evolving weather over places as far away as western US and northern ...

ANTI-DUMPING: India begins anti-subsidy probe against China
Countervailing duty on sodium nitrite imports. New Delhi, Jan. 28 After setting off an avalanche of anti-dumping probes into a diverse range of manufactured products against China by responding to the domestic industry’s concerns in recent ...

WATER: ‘Rivers being destroyed in the name of conservation’
Voluntary body seeks inquiry into fund utilisation. Kochi, Jan. 28 Construction activities being implemented by the authorities in the name of river protection/conservation using the funds earmarked for this purpose are allegedly affecting the ...

INFRASTRUCTURE: Work on industrial estate for women entrepreneurs to start in April
Madurai, Jan. 28 The construction of building at the land provided for establishing an exclusive industrial estate for women entrepreneurs within the SIDCO Kappalur Industrial Estate, near here, would be starting from April this ...

FOREIGN TRADE: Task force to promote trade between Tripura and Bangladesh set up
Agartala, Jan. 28 The constitution of a joint task force to promote trade between Bangladesh and Tripura was announced here on ...

INFRASTRUCTURE: Sabarimala plan to be implemented in phases: Minister
The master plan for the development of the pilgrimage centre Sabarimala will be implemented in three phases and in a time-bound manner, according to the Minister for Devaswom, Mr ...

SSI: Manufacturing council to take up MSME woes with PM
The National Manufacturing Competitiveness Council (NMCC) of the Ministry of Commerce & Industry, which heard the views of select MSME associations about the impact of the economic slowdown on them, will also hear the views of the ...

INFRASTRUCTURE: Karnataka to review Maytas projects today
Bangalore, Jan. 28 The Karnataka Chief Secretary has called a meeting on Thursday to review a host of infrastructure and other projects involving Maytas Infra Ltd, part of the tainted Satyam group of companies, in ...

LEATHER: Leather industry sees 20% drop in output
Chennai, Jan. 28 The leather industry is looking at a 20 per cent drop in output following a slowdown in the demand in international markets, according to ...

PHARMACEUTICALS: Drug prices increased
New Delhi, Jan. 28 Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has revised the price of 174 formulation packs and three bulk drugs. Prices of most of the drugs have been revised ...

RURAL DEVELOPMENT: ‘Follow PPP model for a better rural India’
Universities must take the lead in developing an integrated public-private participation (PPP) model to change the face of rural India with sound management practices, appropriate technologies and efficient utilisation of financial ...

BIO-TECH & GENETICS: AP allots land to 19 cos in Biotech Park Phase III
Hyderabad, Jan. 28 The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has allotted land to 19 companies so far in the Biotech Park Phase III at Karakpatla, ...

AWARDS & HONOURS: Earth Heroes awards presented
The Earth Heroes 2008 awards brought together individuals from different backgrounds who are doing their bit to conserve the country's natural ...

NON-CONVENTIONAL ENERGY: Rlys to invest Rs 70 cr in Gujarat wind farm
The Railways’ investments in the wind energy sector are on the upswing. After setting up wind farms in Tamil Nadu, it is considering to set up a 10.5-MW wind farm in Saurashtra region of Gujarat with an investment of Rs 70 ...

ECONOMIC OFFENCES: Ramalinga Raju’s bail plea dismissed
Hyderabad, Jan. 28 The bail petition of Mr B. Ramalinga Raju, former Chairman of Satyam Computer Services, was today dismissed by a ...

EVENTS: Seminar on concrete mix
New Mangalore Port Trust (NMPT) will conduct a seminar on ‘Uses of high performance concrete in port construction’ for civil engineers of major ports of India, on January 30. An NMPT release said here on Wednesday that the seminar ...

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




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Markets (Jan 28)
Nifty (at close)2,849.50(+78.15)
US Dollar (Buy/Sell)48.85/86
Brent crude (a bbl) Rs2,094
Gold (a gram) Rs1,285
Silver (a kg) Rs20,565


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