The Hindu Business Line : Friday, January 30, 2009

INDUSTRY & ECONOMY

PETROLEUM: No fuel on credit for Kingfisher Airlines, only ‘cash & carry’
Bangalore, Jan. 29 Kingfisher Airlines will now have to pay upfront to buy aviation turbine fuel from oil companies to operate its regular ...

EVENTS: Rights, camera, action
A festival of human rights cinema is touring the country. That winter began my political education,” writes Basharat Peer in The Curfewed Night. “It took the form of acronyms: JKLF, JKSLF, BSF, CRPF. To go with it I learnt new ...

EVENTS: ‘India not in recession, but hit by slowdown’
Optimism has been tempered but we’re still growing: N. Ram. Coimbatore, Jan. 29 While the optimism over India’s growth story may be tempered because of the global economic slowdown, India is still growing and is considered a rising ...

URBAN DEVELOPMENT: World Bank to fund AP project for urban services
Rs 1,544 scheme likely to be approved by March. Hyderabad, Jan. 29 The World Bank and Andhra Pradesh Government will take up a Rs 1544-crore project to bring about reforms in urban bodies and improve ...

PETROLEUM: Price cut to hit oil cos’ margins
The positive margins recorded by the public sector oil marketing companies in the last few months will come down to from Rs 7.50 to Rs 2.50 for a litre of petrol and from Rs 2.50 to Rs 0.60 on a litre of diesel, net of taxes. This is due to ...

ECONOMY: Economy to grow 7% in 2008-09: Pranab
The Union External Affairs Minister, Mr Pranab Mukherjee, who is holding additional charge of the Finance Ministry, said on Thursday that the fundamentals of the economy were strong and that the country would grow by about 7 per cent in ...

HUMAN RESOURCES: IIW course on welding
In a bid to bridge the gap between demand and supply of certified welders, the non-profit Indian Institute of Welding (IIW), which constitutes 4,000 professional members and 350 corporates, will conduct a 4-6 weeks certified course for ...

ANTI-DUMPING: Anti-subsidy probe into sodium nitrite imports from China
‘Chinese producers benefiting from countervailing duty subsidies’. New Delhi, Jan. 29 After setting off an avalanche of anti-dumping probes into a diverse range of manufactured products against China by responding to the domestic ...

ECONOMY: Centre relaxes fiscal deficit targets, borrowing ceilings for States
Move to boost more borrowing for capex funding. New Delhi, Jan. 29 States can now spend at least Rs 30,000 crore more this financial year without having to lose any debt relief facility on account of the additional borrowing that would be ...

FOREIGN TRADE: Tripura wants corridor access through Bangladesh
Agartala, Jan 29 The present rail link between Kolkata and Dhaka should be extended to Sabrum in South Tripura, according to Mr Jitendra Chaudhury, Tripura Minister for Commerce & Industry, Rural Development & ...

RURAL DEVELOPMENT: USO fund launches scheme to support wireline broadband
New Delhi, Jan. 29 With the auction for broadband wireless spectrum getting delayed further, the Universal Services Obligation fund administrator has launched a scheme to financially support wireline-based broadband connections in ...

PSU: Central PSEs to get Rs 72-cr budget support
New Delhi, Jan 29 Nine Central public sector enterprises (CPSEs) will receive a total of Rs 71.84 crore for settlement of their liabilities and to carry out their operations during an interim period when their revival/restructuring plans ...

TAXATION: Double tax avoidance pact with Albania
New Delhi, Jan. 29 The Union Cabinet has approved the double taxation avoidance agreement between India and ...

POWER: In discussions
...

TOURISM: Travel agents plan half-day protest
Kochi, Jan. 29 The Joint Council of Travel Trade Associations have decided to close down all its offices for a half-day in the morning on January 30 on an all-India basis, as part of its protest against the 13 foreign airlines that have ...

NON-CONVENTIONAL ENERGY: India to join IRENA
India would join the International Renewable Energy Agency (IRENA) and contribute $112,500 in the first year. The Cabinet has approved the proposal ...

FOREIGN TRADE: ‘US may adopt protectionist trade policies’
The US may adopt more protectionist trade policies to tide over the present economic crisis, Nobel Laureate economist Sir James Mirrlees said here on Wednesday. He was talking to presspersons in an interactive session organised by the ...

INFRASTRUCTURE: Maytas Infra on downslide
Hyderabad, Jan. 29 Faced with business uncertainty, investigations and cancellation and review of some infrastructure contracts, Maytas Infra Ltd stock continues its downward slide and closed the day at Rs 77.80 at the BSE ...

EVENTS: Redefine role of independent directors: Bansal
New Delhi, Jan. 29 The role of independent directors and auditors in corporates need to be redefined, the Minister of State for Finance, Mr Pawan Kumar Bansal, ...

EVENTS: Engaging China
While most analysts are unconvinced that new solutions are likely to be obtained in the ongoing gabfest at Davos a.k.a. the World Economic Forum, eyes and ears are nevertheless trained on the statements and sound bytes from the world ...

EDUCATION: Mr V.R. Muthu, CEO, Idhayam Group of Companies, Virudhunagar
Velammal College of Engineering and Technology, Viraganoor
Madurai, Jan. 29 Integrity is the key to build and sustain success in business that is achieved through a combination of factors aimed at satisfying a customer, according to Mr V.R. Muthu, CEO, Idhayam Group of Companies, ...

EDUCATION: Mr K. Srinivasan, CEO of Prime Point Public Relations, at Ranipet Engineering College, Vellore
Call to help students harness potential of such media and avoid their misuse. Chennai, Jan. 29 In view of its growing importance, academic institutions should include social media in their curriculum. This would go a long way in ensuring that ...

EDUCATION: Mr A.R. Rajesh, Vice-President, Team Lease Services;
INC Adam Smith Institute of Management Studies, Bangalore
The Vice-President of TeamLease Staffing Solutions, Mr A.R. Rajesh, has said that choosing a career that matches one’s abilities and aspirations is one of life’s most difficult and important decisions. Life offers many choices but ...