The Hindu Business Line : Thursday, February 12, 2009

INDUSTRY & ECONOMY

PETROLEUM: Govt provides sops for fertiliser cos to switch to natural gas
National Fertilizer, Gujarat Narmada Valley to gain from new policy. New Delhi, Feb. 11 National Fertilizers Ltd (NFL) and Gujarat Narmada Valley Fertilizers Company (GNFC) will benefit hugely from the Centre’s new policy providing for a ...

HOTELS: Rooms with a view
To tide over the slowdown, hotels are sweetening the pot with tariff cuts and offers that appeal to the epicure.. Karan Berry was only happy to wait for over 40 minutes to get a table for brunch at Courtyard Marriott’s Paprika restaurant ...

EVENTS: Defence spends won’t be cut: Antony
IAF plans to buy 126 fighter planes for $10 b. Defence expenditure towards modernising the Armed Forces will continue to get priority, regardless of the economic downturn that is now showing up in the country, the Defence Minister, Mr A.K. ...

FOREIGN DIRECT INVESTMENT: Wall Street Journal facsimile editions cleared
New Delhi, Feb. 11 The Ministry of Information and Broadcasting has given its approval to the facsimile edition of The Wall Street Journal and The Wall Street Journal ...

REAL ESTATE & CONSTRUCTION: Bangalore property prices expected to fall 40% by June
Mild recovery in IT-ITeS sector likely to boost demand: Report. Bangalore, Feb. 11 Bangalore is set to witness an accelerated 30-40 per cent fall in property prices until June 2009, says a report from Centrum, a financial services ...

ECONOMY: Recession accounting?
There is a comment doing the rounds that the credit crisis has assisted in the good health of a number of people, as they are on their feet with their cars having been repossessed. The situation appears to be getting grimmer every day with ...

RURAL DEVELOPMENT: SKS Micro to offer rural housing loans
Hyderabad, Feb. 11 SKS Microfinance is planning to enter into rural housing loan segment in next three months and is likely to tie-up with a bank or National ...

SECURITY: Air show off to a roaring start
Bangalore, Feb. 11 Fighter planes thundered, peacock-coloured Indian helicopters dazzled and the Suryakirans painted the skies in the tri-colour as the seventh Aero India spectacle opened at the Yelahanka Air Base near here ...

INFRASTRUCTURE: TN proposes railway link between Irungattukottai and Guduvancherry
Chennai, Feb. 11 A new rail route connecting industrial belts between Irungattukottai and Guduvancherry to the southern trunk line has been proposed by the Tamil Nadu ...

AUTOMOBILES: National automotive test tracks construction to start next month
Chennai, Feb. 11 Construction of the National Automotive Test Tracks (NATRAX) in Indore (Madhya Pradesh), part of the National Automotive Testing and R&D infrastructure Project (NATRiP) will commence next ...

FOREIGN DIRECT INVESTMENT: Six MoUs signed with Dutch design houses
Pune, Feb. 11 Indian and Dutch design houses signed six independent memorandums of understanding at the inaugural session of the 8th CII-NID Summit held today as part of the week-long India Design Festival under way ...

PETROLEUM: City gas distributors may not utilise allocated gas from Reliance KG field
End-use restriction, lack of subsidies cited as reasons. Kolkata. Feb. 11 City gas distributors find little reason to rejoice over the Centre’s decision to allocate 5 million standard cubic metre of natural gas a day (mscmd) from ...

BIO-TECH & GENETICS: Malaysia looking for collaboration in biotech
Hyderabad, Feb. 11 With a budget of $3 billion to boost biotechnology back home in 2009, Malaysia’s BiotechCorphas come to India to seek collaborations ...

ECONOMY: Financial protectionism implications should be analysed: RBI Governor
New Delhi, Feb. 11 India should weigh the implications of the ‘financial protectionism’ of the advanced countries that is threatening to become as big an issue as ‘trade ...

FOREIGN DIRECT INVESTMENT: Jet Airways not in favour of change in aviation FDI policy
New Delhi, Feb. 11 Jet Airways feels there is no need for any change in foreign investment norms in the aviation sector, a proposal which is currently being examined by the ...

ECONOMY: Spend, but wisely
At any other time, the news that the Government is going to tap the market for funds would have been viewed with some suspicion that it was elbowing out the private sector. Yet, over the last six months, as governments around the world have ...

EVENTS: Workshop on industrial scopes in defence sector
The Kerala State Industrial Development Corporation (KSIDC), along with the Aeronautical Society of India and the Society of Indian Aerospace Technologies and Industries, Bangalore, will organise a workshop on ‘industrial opportunities ...

COURTS/LEGAL ISSUES: Vizhinjam: Kerala Govt to act on SC verdict
Thiruvananthapuram, Feb. 11 The Kerala Government will take further steps in accordance with the Supreme Court ruling on the case relating to the tender process for the proposed international container trans-shipment terminal at Vizhinjam, ...

ENTREPRENEURSHIP: First generation entrepreneurs meet
Coimbatore, Feb. 11 The School of Management of V.L.B. Janakiammal College of Engineering & Technology, Kovaipudur, is organising a ‘First Generation Entrepreneurs Meet’ on February ...

EDUCATION: SNG college partners with HP for DSpace Solution
Kochi, Feb. 11 Sree Narayana Gurukulam College of Engineering (SNGCE), Kolenchery, has announced its selection of Hewlett-Packard (HP) to help power its DSpace ...

EVENTS: Mangalore job fair on Feb 20, 21
Mangalore, Feb. 11 The ‘skill and job fair’ of the Karnataka Vocational Training and Skill Development Corporation Ltd (a Karnataka Government undertaking), which will be conducted in Mangalore on February 20 and 21, is likely ...

PETROLEUM: GSPC may submit KG basin plan in April
Kolkata, Feb. 11 GSPC may submit the development plan for its gas find in KG basin in ...

NEWSPAPERS & PUBLISHING: Basic customs duty on newsprint goes
New Delhi, Feb. 11 The Centre on Wednesday fully exempted newsprint from basic customs duty. Hitherto, the duty was 3 per cent. The Central Board of Excise and Customs has issued a notification to this effect, a spokesperson told ...

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