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INDUSTRY & ECONOMY

CARS: GM: No easy solutions
President Obama’s response to the US auto industry’s request for additional support has been characterised as tough love. The much larger bailout of investment banks last quarter was read as government indulging big business. Yet, ...

REAL ESTATE & CONSTRUCTION: Citigroup Property defers investments in Nitesh Estates
But will go ahead with Ritz Carlton project in Bangalore. Bangalore, April 3 Citigroup Property Investors, part of Citigroup, has deferred almost 85 per cent of its $360-million investment into a key real estate developer in India, signifying ...

EMPLOYMENT: Campus recruiters see change in profile
Small, medium firms, PSUs are ‘most preferred employers’. Bangalore, April 3 A lot of equations have changed in the current economic scenario. The campus recruitment process in engineering colleges, where large IT firms and MNCs ...

FOREIGN TRADE: Tenure of India-Bangladesh protocol extended
Trade & transit programme gets two more years. The tenure of India-Bangladesh Protocol on Trade & Transit, which is part of the bilateral trade treaty, has been extended by two years with effect from April 1, ...

PETROLEUM: Govt may invite bids for 8 new, 2 recycled coal-bed methane blocks
Kolkata, April 3 India may put eight new and two recycled blocks under the hammer during the next round of bidding for coal-bed methane exploratory assets. Nicknamed as CBM-IV, the auction for CBM assets is slated to be launched alongside ...

EVENTS: PR professionals urged to redefine role
Bangalore, April 3 Global economic downturn and the dynamic situation arising out of it have put the public relations professionals in a new vortex of challenges that they have to contend with to define their role to promote the interests ...

EXPORTS & IMPORTS: Instant coffee exports dip on poor Russian demand
Bangalore, April 3 Poor demand for instant coffees prompted by the global economic downturn has dragged down the Indian coffee exports for ...

INDUSTRY ASSOCIATIONS: ‘Stable Government at the Centre can help improve economy’
Coimbatore, April 3 The newly elected Chairman of CII (Southern Region), Mr C.R. Swaminathan, said only a stable Government at the Centre would give hope to ...

REAL ESTATE & CONSTRUCTION: ‘Mumbai, New Delhi among costliest cities for expatriate rentals’
Bangalore, April 3 Mumbai and New Delhi are among the world’s 10 costliest locations for expatriate rental property, according to a study by Mercer on housing costs and practices for employees sent on overseas ...

ENGINEERING: Ancillary units expect 50% more orders from BHEL Tiruchi
Tiruchi, April 3 Ancillary units, mostly SMEs, that do fabrication jobs for Bharat Heavy Electricals Ltd’s Tiruchi unit, see prosperity ahead as the public sector power equipment giant has planned for a 50 per cent increase in ...

HEALTH: Medicare for tribals
...

TERRORISM: On high vigil
...

PETROLEUM: GSPC seeks nod to retain Barmer-Sanchor CBM block
Kolkata, April 3 Gujarat State Petroleum Corporation (GSPC) has approached the Union Ministry of Petroleum and Natural Gas requesting its permission to retain the Barmer-Sanchor CBM (coal-bed methane) block and include an operating partner in ...

EDUCATION: IIIT-Hyderabad, ISB bag IBM awards
Hyderabad, April 3 International Institute of Information Technology, Hyderabad and Indian School of Business have bagged Share University Research Awards of IT major ...

INFRASTRUCTURE: Japan’s ODA loan for Hogenakkal water project
Japan International Cooperation Agency (JICA) has extended an official development assistance (ODA) loan of Rs 893 crore for the Hogenakkal Water Supply and Flurosis Mitigation project in ...

EVENTS: Pune to host 4th MAHAtech expo
Pune, April 3 Pune will host the fourth MAHAtech industrial exhibition at the Engineering College ground from April ...

COAL: Singareni outperforms output targets
Hyderabad, April 3 Singareni Collieries Co Ltd announced it has outperformed the coal production target by 9.7 per cent, registering production of 44.54 million tonnes (mt) during 2008-09. The colliery had targeted output of 41.50 mt ...

EDUCATION: Crisis, a wake-up call: Ramadorai
New Delhi, April 3 At least, 228 students were awarded diplomas at the tenth annual convocation of Indian Institute of Management, ...

PERSONAL PRODUCTS: Correction
With reference to the report on new Godrej product launch that appeared in the edition dated April 1, the headline should read ‘Godrej launches Cinthol with hydration feature’ and not as published. The error is ...

EDUCATION: Mr Harimohan Paruvu., former IDBI development banker & author; MLR Engineering College, Dundigal
Hyderabad, April 3 Students of management should realise that dreams can be achieved through design – not by default. There are no defaults in business, said Mr Harimohan Paruvu, author ...

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




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Markets (April 3)
Nifty (on April 2)3214.15(+153.80)
US Dollar (Buy/Sell)50.34/35
Brent crude (a bbl) Rs2,603
Gold (a gram) Rs1,390
Silver (a kg) Rs22,645


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In Focus
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Other Top Stories
Biometric cards for Reliance Fresh vendors

Forex reserves drop by $1.5 b

GIC Re offers profit sharing to insurers

Instant coffee exports dip on poor Russian demand

TCS to implement terrestrial trunked radio system in Maharashtra

Looking back
Mar. 22-Mar. 28
All India consumer price index rises to 462 points

Rating SMEs not profitable: CARE

IAEA sees India emerging N-manufacturing power

‘India’s response to slowdown seems misdirected, may stoke inflation’

ISB Dean sees new trends in recruitment

Industry opposes zero duty import of white sugar

DTH retailers also feel the exam fever!

WTO foresees 9% fall in global trade in 2009

‘GDP growth rate to be 4.8-5.5% in 2009-10’

Import duty on raw, white sugar set to be scrapped

India Inc charts out economic CMP

PSBs: Weathering global recession

Escap sees Indian GDP growth moderating to 6% in 2009

Record borrowing target for 2009-10 first half

Renault puts Sandero hatchback plan on hold

Life



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