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Monday, February 09, 2009
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INDUSTRY & ECONOMY

MINERALS: Coal India shortlists 9 cos for developing underground mines
17 cos submitted EoIs in June last. Kolkata, Feb. 8Coal India may invite nine shortlisted private parties from India and abroad for turnkey development and long-term operation of high capacity underground mines in seven virgin blocks, in a ...

TOYS: Toying with trade
The Union Commerce Minister, Mr Kamal Nath, did well to pull up Washington for contemplating inclusion of a “buy American” clause in the $800-billion stimulus package currently being debated in Congress. He rightly pointed out ...

EVENTS: GHIAL to host global airlines meet in March
Hyderabad, Feb. 8 GMR Hyderabad International Airport Ltd (GHIAL) will host the 7th Routes Asia 2009 – a premier event for airlines and airports to work together to sustain and develop air services – during March ...

SSI: SBT loan schemes for small units
State Bank of Travancore has launched special loan schemes for micro, small and medium enterprises (MSMEs) sector at an interest rate of eight per cent. The concessional rate of interest will be available for existing units with limits up to Rs ...

ECONOMY: Kerala received less statutory transfers from Finance Commissions: Study
Kerala received less statutory transfers effected by the Finance Commissions (FC) than the average for all States under the awards of all the four FCs. In per capita terms, the transfers to Kerala by the last four FCs amounted to Rs 12,649 ...

EDUCATION: Ahmedabad campus of Globsyn biz school ties up with UK varsity
Ahmedabad, Feb. 8 Corporate business school Globsyn Business School (GBS) on Saturday announced affiliation with Coventry University, UK, for its Ahmedabad campus, started ...

PHARMACEUTICALS: Study questions local benefits of MNCs’ clinical trials
Vulnerability of patients, consent issues covered by CSER. Mumbai, Feb. 8 Are ethical concerns taking a back seat, as India projects itself as a major venue for drug trials? And should the Centre not ensure that medicines tried on people here ...

TAXATION: MCC plans property tax payment online
The Mangalore City Corporation (MCC) is planning to introduce online payment of property tax from the next financial ...

EDUCATION: Great Lakes students win top 3 slots at DHL Bonn meet
Chennai, Feb. 8 Students of Great Lakes Institute of Management, Chennai, won the top three positions at the DHL Fast Forward – worldwide logistics business simulation contest – held at Bonn, Germany, recently. The contest ...

EVENTS: Novel protest
...

EDUCATION: Exciting prospects
...

MINERALS: RINL unions to demonstrate for captive iron ore mines
Visakhapatnam, Feb. 8 The Rashtriya Ispat Nigam Limited (RINL) here is incurring a heavy loss due to non-allotment of captive iron ore mines by the Union Government, especially during the current economic recession, and the long-pending ...

EDUCATION: Invercargill Mayor woos student community
Hyderabad, Feb. 8 The Mayor of Invercargill, New Zealand, Mr Tim Shadbolt, to promote his province as an ideal destination for Indian immigrants and students said migrate to New Zealand for ‘a relaxed, healthy and ...

TAXATION: Kerala wants Central tax share hiked
Thiruvananthapuram, Feb. 8 The State’s share from Central taxes has to be increased to three per cent in order to bring down revenue deficit to nil in 2009-10, according to the Kerala Finance Minister, Dr ...

FOREIGN DIRECT INVESTMENT: Investment climate: Perception versus reality
Even as the global economic and financial crisis shows no signs of abating and is instead spreading its tentacles to India and Kerala in the form of recruitment freezes and a return flow of emigrant labour from the Gulf region, ironically enough, ...

ECONOMY: Can private sector fuel revival?
The quarterly financial results of Indian manufacturing companies expectedly make gloomy reading. With the plunge in sales, the slide in performance in the last bit of 2008 has been precipitous. It is now clear that most of the corporate ...

EDUCATION: C. Srinivasan, Vice-President, HR, Lanco Infratech; Sridevi Women’s Engineering College, Hyderabad
Hyderabad, Feb. 8 In the present context of recession and a palpable fear and panic among the employees over fate of their jobs, the need to revamp their outlook by improving their soft skills to be successful in the shrunk ...

EDUCATION: ‘Companies should adjust to reality’
New Delhi, Feb. 8 “Marketing in the Times of Recession”’ the theme of the national business seminar by Department of Management Studies, IIT Delhi stirred up a lot of debate among students and participants. With ...

EVENTS: Meet on erosion control
T he Coir Board Chairman, Mr V.S.Vijayaraghavan, and Dr U.S. Sarma, Director, Central Coir Research Institute, left here to participate in the four-day annual conference of the International Erosion Control Association at Reno Nevada in the ...


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




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Markets (Feb 07)
Nifty (as on Feb 6)2,843.10(+63.05)
US Dollar (Buy/Sell)48.68/69
Brent crude (a bbl) Rs2,230
Gold (a gram) Rs1,316
Silver (a kg) Rs22,210


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In Focus
Who is hiring?

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Other Top Stories
Tata Ryerson to commission Tada unit today

Bond yields soften as inflation falls

Stimulus package may boost copper prices

Study questions local benefits of MNCs’ clinical trials

Can private sector fuel revival?

Looking back
Feb. 1-Feb. 7
Fiscal deficit soars in Apr-Dec 2008

Power snag hits W2M satellite built by ISRO, EADS Astrium

Centre to decide on cos to get KG basin gas

Stress on collaboration to beat slowdown in pharma sector

Govt seeks higher dividends from PSBs, insurers

Auto stocks still at crossroads

Luxury car sales rise in 2008; imports drop

Truck sales dip 65% in Jan

India slips to fifth position in total installed wind capacity

Direct tax collections up 13% in April-Jan

‘Credit for exporters in foreign currency to be dearer’

‘India unlikely to get access to ADB’s soft loan window’

Paper mills may be allowed to develop wasteland

‘Savings, investment rates may drop 3-4% this fiscal’

Raju family pledged 15.14% shares held in Maytas Infra

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