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Monday, February 16, 2009
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INDUSTRY & ECONOMY

TAXATION: Tax holiday for export, IT units may continue
Changes in I-T rates unlikely in Interim Budget. New Delhi, Feb. 15 With the existing income tax rates likely to continue, expectations now centre on whether Mr Pranab Mukherjee, Minister in charge of Finance, will seek to amend the other ...

CEMENT: No slowdown effect on cement demand
Despatches helped by infrastructure, retail offtake. Has the cement industry managed to ward off the worst of the recent economic ...

GENDER: Gender-sensitive budgeting
Last week the Kerala Government released its “Women’s Policy”, which banks on the concept of "gender budgeting" to ensure that some allotments from the State’s annual budget and fiscal resources are set apart ...

COURTS/LEGAL ISSUES: A case for software
Technology can help bring more efficiency into the working of legal firms, says Uberall.. Law firms might have answers to difficult legal questions but when it comes to how they manage their own data and employee teams, technology holds the ...

FOODS & FOOD PROCESSING: Kinfra food processing park in Adoor to be opened today
First-phase development work in final stage. Kochi, Feb. 15 Kerala’s Chief Minister, Mr V.S. Achuthanandan, will inaugurate the Kinfra Food Processing Park at Adoor on Monday. The park is being set up with financial assistance under the ...

FOREIGN TRADE: Trade with India ‘far below potential’, says Consul General of Russia
Expected to touch $10 b by 2010-end; measures to expedite biz sought. Kolkata, Feb. 15 Bilateral trade between India and Russia is expected to nearly double to $10 billion by the end of 2010, Mr Vladimir V. Lazarev, Consul General of Russia, ...

EDUCATION: Capital IQ institutes gold medal in varsity
Capital IQ, which provides financial data to companies, has instituted a gold medal in the Department of Commerce and Management in Andhra University for the topper in M.B.A. At a function in the department on Sunday, Prof B. ...

EVENTS: Loyola Academy management fest
The Department of Business Management at Loyola Academy is organising an inter-collegiate Management Fiesta, called Melange 2009 on February 18 and 19. Business Management students can take part in the programme, a Loyala Academy press release ...

PSU: Will investing in PSU stocks for dividends pay off?
Coimbatore, Feb. 15 While dividend chasing may not be for the faint hearted, the fact that stock prices have come down sharply in 6-7 months gives an opportunity to investors to log on to stocks that are reasonably valued and benefit ...

BUDGET: Budget: Logistics players keep fingers crossed
Mumbai, Feb. 15 There might be limitations to what the Finance Minister, Mr Pranab Mukherjee, has to offer on Monday in the Budget, but the logistics sector is expecting the Government to take note of its long pending ...

PETROLEUM: ONGC, Calcutta Compressor to enter into gas sales pact soon
ONGC may finally start generating revenues from its coal bed methane (CBM) project. According to sources, the company is expected to enter into a firm gas sales agreement (GSA) for supply of 5,000- 50,000 standard cubic metre a day of CBM at ...

FOREIGN TRADE: India invites Canada to invest in key sectors
New Delhi, Feb. 15 The Indian Government has invited Canadian investments in sectors such as infrastructure, automobile, power generation, petroleum, mining and ...

HEALTH: Fighting cancer
...

BIO-TECH & GENETICS: KSIDC to set up life sciences park
Thiruvananthapuram, Feb. 15 The Kerala State Industrial Development Corporation (KSIDC) is setting up a life sciences park under ...

EVENTS: AP: Collectors’ meet from today
Hyderabad, Feb. 15 The two-day meeting of District Collectors would begin here on ...

INDUSTRY ASSOCIATIONS: ‘Peer pressure can help raise corporate governance bar’
The embezzlement of funds by Satyam Founder and former Chairman, Mr Ramalinga Raju, is making the apex industry chambers re-think the role it can play to up the compliance bar among its ...

ECONOMY: Old ideas are up for new challenges
Around the same time every year in January that the World Economic Forum meets in Davos, Switzerland, the World Social Forum meets in Brazil. While the former invites the blue suits of the world to discuss how to tie everything neatly together ...

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




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Markets (Feb 14)
Nifty (at close on Feb 13)2,948.35(+55.30)
US Dollar (Buy/Sell)48.67/68
Brent crude (a bbl) Rs2,127
Gold (a gram) Rs1,368
Silver (a kg) Rs23,055


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