Business Daily from THE HINDU group of publications
Friday, March 06, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, March 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
INDUSTRY & ECONOMY ECONOMY: Sensex hits 3-year low as negative sentiment rules RBI’s rate cuts, low inflation rate fail to lift markets. Mumbai, March 5 The Sensex on Thursday plunged to its lowest in over three years as foreign institutional investors continued to sell stocks. The Reserve Bank on Wednesday cut ... HEALTH: Return licence, get Rs 5 lakh: Tobacco Board Package for growers formulated to halve output. Bangalore, March 5 The Tobacco Board has estimated an outlay of Rs 5,000 crore to halve the commodity output by 2020 as part of India’s commitment to World Health Organisation’s ... HUMAN RESOURCES: IIM-A places all its students Highest salary offered crosses Rs 1 cr; 25% drop in average. Ahmedabad, March 5 The final placements at the Indian Institute of Management, Ahmedabad came to an end after eight gruelling days, with all the 259 students of the Post Graduate ... ECONOMY: Income-tax collections decline in February Corporate tax collections up at Rs 5,578 cr. The Centre’s personal income-tax collections in February stood at Rs 5,920 crore, substantially lower than the Rs 8,762 crore collected in the same month in the previous ... EXPORTS & IMPORTS: To cushion the blow Karur’s textile exporting businesses, reeling from drastic reduction in overseas orders, want more government support.. Prem Anand Sivakannan, Marketing Manager of the Karur-based Amaravathi Textiles, is one of the younger scions from the ... RURAL DEVELOPMENT: ‘Use USO funds for rural mobile charging centres’ TRAI wants SEBs to give power to base stations on priority basis. New Delhi, March 5 Recognising that lack of adequate power is stunting the growth of mobile services in rural areas, The Telecom Regulatory Authority of India has suggested that ... PETROLEUM: Crude oil production in Jan drops 8% New Delhi, March 5 The domestic crude oil production fell by 8 per cent in January and natural gas output dropped by 4 per cent. The refineries output also fell by 2.6 per cent with fall in ... POWER: Power firms head to Indonesia for coal New Delhi, March 5 The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power utilities and coal firms to the island-nation in ... TAXATION: An unfair tax on fliers Is it fair to ask passengers to pay in advance for development of airports? This is what Delhi airport is doing, and Mumbai too will follow suit, charging departing passengers an airport development fee (ADF) from April ... SSI: Banks see marginal rise in term credit to SMEs Units hit by demand slump; go for working capital withdrawals. Bangalore, March 5 Hit by a slump, the small and micro sector has shifted from term credit to working ... REAL ESTATE & CONSTRUCTION: ‘Realty sector likely to be under scanner next’ Kolkata, March 5 Striking a note of caution for real estate developers, Mr D. Subrahmanyam, Executive Director of the Housing and Urban Development Corporation Ltd (HUDCO), said, after Information Technology, the real estate sector could ... COAL: SAIL’s coking coal imports likely to touch 10.5 mt this fiscal If the present trend is any indication, the Steel Authority of India Ltd’s (SAIL) coking coal import in 2008-09 will exceed that in 2007-08. The current fiscal, it is estimated, will end up with a throughput of about 10.5 million ... LEATHER: Italian footwear exporters hope market would improve soon Premium expo gets off to a good start. Milan, March 5 The winter cold seems to be lasting longer than expected, let us hope the weather improves soon, says Mr Vito Artioli, President, National Association of Italian Footwear Manufacturers ... TOURISM: Malaysia Tourism marketing initiative Malaysia targets at least six lakh tourists from India in 2009. According to Mr Zulkefli Sharif, Director – South Asia, West Asia and Africa Division, Malaysia Tourism Development Board, Malaysia, with over 5.5 lakh Indian tourists, ... PEOPLE: NCC chief on National HRD board Mr J. Ravikanth Reddy, Chief General Manager, Human Resources, Nagarjuna Construction Co Ltd (NCC), has been elected to the National Executive Board of National HRD Network for a two-year term from April 1. This is the third time Mr Reddy has ... EXPORTS & IMPORTS: Oilmeal exports fall 42% in February As global meat, poultry production stagnate. Chennai, March 5 Oilmeal exports declined by 42 per cent in February as global production of meat and poultry stagnated following financial crisis even as economic slowdown ... PETROLEUM: ONGC to operationalise first gas sales pact today Pact to be signed with Calcutta Compressor. Kolkata, March 5 Come tomorrow and ONGC will operationalise its first gas sales agreement from the $200-million CBM development project ... POWER: Power consumption in Kerala at record level With summer beginning to unleash its fury, power consumption in Kerala is climbing to record levels despite the 30-minute daily load-shedding that has been in force for ... PSU: ‘Public sector helped cushion effect of recession in India’ Kochi, March 5 The public sector in India has helped combat the economic recession in the country, which badly affected the US and other developed and developing countries, according to the National Confederation of Officers Association ... ENTREPRENEURSHIP: Water packaging: Growing from strength to strength Durga Minerals plans to enter other districts soon. Hyderabad, March 5 It was with a vision to start something in her area of expertise that Ms Durga Shivaram, Managing Director, Durga Minerals, started a small-scale industry to manufacture ... REAL ESTATE & CONSTRUCTION: XS Real offers free maintenance of apartments Chennai, March 5 XS Real Properties, which is promoting two residential complexes on the Old Mahabalipuram Road, proposes to bring in features that will make the apartments free of any maintenance cost, throughout ... RURAL DEVELOPMENT: Truly rural Chennai, March 5 Mobile operators and FMCG brand managers trying to increase rural coverage know full well that 36 per cent of the country’s six lakh villages together contain only seven per cent of the rural population. Another 24 ... HOTELS: ‘Luxury tax a big dampener for TN hotel industry’ Chennai, March 5 Hit by the economic slowdown, the hotel industry needs some support from the government, essentially in the form of lower taxes, says Dr Palani G Periasamy, Chairman, Appu Hotels Ltd, which runs the Le Meridien hotel ... EVENTS: Mumbai to host seminar on metals market, price outlook The international metals industry has been going through a tough time in the last six months with the collapse of metals prices following deepening concerns over global economic ...
EVENTS:
Meet on intellectual property rights
EDUCATION:
Course on jewellery designing Columnists: • B Venkatesh • C Gopinath • Bhanoji Rao • P.V. Indiresan Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds