The Hindu Business Line : Friday, February 06, 2009

STATES

MAHARASHTRA: Posco plans $1-b processing plant in Maharashtra; land acquisition under way
Mumbai, Feb. 5 The South-Korean steel manufacturer Posco is planning a $1-billion (Rs 4,800-crore) greenfield steel processing facility in ...

ANDHRA PRADESH: AP vote-on-account budget hikes power, rice subsidy
Most sectors witness lower allocation. Hyderabad, Feb. 5 Factoring tough global and macro economic conditions, the vote-on-account budget presented in the Andhra Pradesh State Legislature today cut down on plan allocation for various sectors ...

KERALA: Kerala plans 3,500 MW additional power generation capacity
Thiruvananthapuram, Feb. 5 The Kerala Government has drawn up a ten-year perspective plan for the power sector that envisages addition of new generation capacity to the tune of 3,500 ...

WEST BENGAL: HC upholds students’ contention
A division Bench of the Calcutta High Court, comprising Chief Justice, Mr S.S. Nijjar, and Mr Justice Dipankar Datta, on Thursday upheld the contention of students who were unhappy with the marks given to their answer-scripts by examiners. ...

ANDHRA PRADESH: Contest for students on corporate affairs
Dr Lankapalli Bullayya College here has instituted the V.B.V Reddy Award for knowledge in corporate affairs, which is open to all students in all branches in Visakhapatnam, according to a press release. The competition will be conducted from 11 ...

TAMIL NADU: ‘Make Madurai airport a Customs airport’
The Tamil Nadu Chamber of Commerce and Industry has urged for the immediate declaration of Madurai airport as Customs airport. In an appeal to the Union Finance Minister, Mr Pranab Mukherjee, the Chamber has pointed out that with the delay in ...

TAMIL NADU: Meet on trading in electricity
Annamalai Capital Services (P) Ltd, Coimbatore, is organising a meeting here on Friday on ‘how to buy/sell electricity power through IEX Ltd.’ Mr Rajesh K. Mediratta, Vice-President, Indian Energy Exchange Ltd, New Delhi, will speak ...

ANDHRA PRADESH: Infotech products at Aero India
Infotech Enterprises would showcase its service offerings in the field of aerospace at the upcoming Aero India 2009, scheduled to be held in Bangalore next week. Infotech is an engineering partner to global aerospace original equipment ...

MAHARASHTRA: Hiranandani faces penalty, denies land misuse charge
Mumbai, Feb. 5 In what could be the highest penalty imposed on a builder for alleged gross violation of land misuse, the Mumbai Metropolitan Region Development Authority (MMRDA) has recommended to the state urban development department ...

MAHARASHTRA: Service tax clarification may lower property prices, says CREDAI
Mumbai, Feb. 5 The residential property segment could see a relief in prices of 7-11 per cent following the clarification issued by the Union Finance Ministry on ...

TAMIL NADU: US-based Indian builder eyes unfinished realty projects
Coimbatore, Feb. 5 A Houston (US) based real estate developer of Indian origin, who is implementing a high-end apartment project in Coimbatore, has zeroed in on taking over stalled realty projects in Chennai and Mumbai to expand his footprint ...

KARNATAKA: Centralised processing centre for I-T returns in Bangalore okayed
New Delhi, Feb.5 The Union Cabinet has approved the proposal of the Income-Tax department to establish a centralised processing centre (CPC) at Bangalore for processing all electronically filed returns in the country and paper returns ...

KARNATAKA: NIT Karnataka fest to focus on engineering, biz events
Mangalore, Feb. 5 The technical festival of Surathkal-based National Institute of Technology Karnataka (NITK) — ‘Engineer 2009’ — will be held at Surathkal in Mangalore taluk from February 12 to ...

TAMIL NADU: Xenos plans to open more auto boutiques
Xenos Technologies Ltd (XTL), a Pricol Group company, expects to open around 50 auto boutiques across the country in the next three-five years to market high end ...

WEST BENGAL: Spice Gas acquiring auto LPG dealer network
Having entered the auto LPG retailing business in mid-2008 when it took over a small player BND in Gujarat, Spice Gas is now close to acquiring control over the dealer network of a major private sector player in the auto LPG ...

TAMIL NADU: IFMR biz fest from Saturday
Chennai, Feb. 5 Abhyudaya 09, the annual business festival conducted by the Institute for Financial Management and Research (IFMR), is to be held on February 7 and 8 ...

WEST BENGAL: AIIMS-like body soon in UP, Bengal
New Delhi, Feb. 5 The Cabinet has approved the proposal to set up two medical institutions on the lines of the All-India Institute of Medical Sciences in Uttar Pradesh and West ...

KARNATAKA: Food price threat remains serious
Bangalore, Feb. 5 In its third quarter review of monetary policy, the Reserve Bank of India has downplayed the threat posed by persistent food price inflation. It has said that wholesale price inflation, ruling at 5.6 per cent, will moderate ...

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