The Hindu Business Line : Friday, March 20, 2009

INDUSTRY & ECONOMY

ECONOMY: No fear of deflation, says Cabinet Secretary
New Delhi, March 19 The Cabinet Secretary, Mr K.M. Chandrasekhar, on Thursday brushed aside deflationary concerns, and said the fall in the rate of inflation to below one per cent may have more to do with the high base a year ago, than ...

CEMENT: New capacities in South may dampen prices
About 12 mt expected to go on stream by the year-end. Mumbai, March 19 Cement prices in the South may come under pressure with 12.3 million tonnes (mt) of additional capacity scheduled to go on stream ...

URBAN DEVELOPMENT: Auto component manufacturers to benefit from Centre’s move to fund bus purchase
Chennai, March 19 The recent announcement by the Centre to procure 15,000 buses worth Rs 4,800 crore under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has given a leg up to auto component manufacturers also. State ...

TECHNOLOGY: Voting at the press of a button
Hyderabad, March 19 In the 1989 general elections, select constituencies were used to try out a new gadget: The Electronic Voting Machine (EVM) that even then caught the fancy of the ...

ECONOMY: US economy: Strong revival signs
Stripped of the interest rate weapon after rates were cut to zero, the Fed is not found wanting. At its Wednesday meeting, it announced an expanded support progeamme for Treasuries, mortgage-backed securities and agency debt, i.e., debt issued ...

FOREIGN TRADE: India, China set up machinery to sort out trade irritants
Stress the need for augmenting bilateral investments. India today asked China to strengthen bilateral trade and economic relations in order to beat the adverse effect of global slowdown and asked the Chinese to explore the possibility of more ...

CEMENT: Power, fuel constraints hit cement production
Chennai, March 19 Power supply and coal availability problems have hit cement production capacities and supply, which has helped keep prices stable. Though installed capacity has increased, consumption has matched the growth, contrary ...

RURAL DEVELOPMENT: Comat Tech launches job training for rural youth
To cover areas such as sales, communication and computer. Bangalore, March 19 Bangalore-based Comat Technologies, which has been in the business of citizen services delivery for the last three years with the Karnataka Government as its anchor ...

TOURISM: 14% growth in domestic tourist arrivals in Kerala
In 2008, for the first time in over a decade, domestic tourist arrivals to Kerala registered two-digit ...

HEALTH: VisionSpring looking at expanding programme in AP
Hyderabad, March 19 VisionSpring (India), the subsidiary of a New York-based International NGO, is looking at expanding its programme to three or four more districts in Andhra Pradesh within the next ...

REAL ESTATE & CONSTRUCTION: Ansal puts Gurgaon, Greater Noida IT SEZ projects on hold
To wait for elections to get over and decide on course of action. New Delhi, March 19 Real estate company Ansal Properties and Infrastructure Ltd on Wednesday said its two IT SEZs, in Gurgaon and Greater Noida, are on ‘hold’ till the ...

TAXATION: Top 10 advance taxpayers’ payout marginally up
DICGC, ICICI Bank join the league. New Delhi, March 19 ICICI Bank and Deposit Insurance & Credit Guarantee Corporation (DICGC) have made it to the top ten advance taxpayers’ league for ...

ECONOMY: ‘Non-Cong, non-BJP policies needed to push economy forward’
Kolkata, March 19 Veteran Communist Party of India (CPI) leader Mr Gurudas Dasgupta feels the anti-industrial stance adopted by the Opposition combine of the Trinamool Congress and the Congress in West Bengal will boomerang ...

CARS: Merc makes India plans for used-car biz
Kolkata, March 19 Mercedes-Benz is looking at launching its used-car business in India this ...

AUTOMOBILES: Indo-Italian venture to tap auto logistics market
Pallia Transport has formed a joint-venture with Italian logistics firm Gruppo Mercurio SPA (GM SPA). The joint venture – Mercurio Pallia Logistics — will provide logistics services to automotive companies. It will procure about ...

FOREIGN TRADE: Bilateral trade
...

POWER: Adani may start generating power from Mundra plant in April
Kolkata, March 19 Adani Power may take the first step towards power generation from its proposed 4620 MW thermal power plant at Mundra next week. According to sources, the company plans to light the boiler of a 330 MW unit at Mundra on March ...

EDUCATION: United Bank signs pact with IIM-A
Ahmedabad, March 19 United Bank of India has signed a memorandum of understanding worth Rs 2 crore with the Indian Institute of Management – Ahmedabad, to set up a ‘Union Bank Chair Professor of ...

EDUCATION: A. Srihari, Director, Career Track Consulting; Bharathidasan University, Tiruchi
‘Multi-skilling is key differentiator’. Chennai, March 19 Students should realise that the process of learning does not stop with passing out of the college. It continues throughout the professional life ...