The Hindu Business Line : Tuesday, April 07, 2009

INDUSTRY & ECONOMY

TECHNOLOGY: Poll bonanza awaits Air India
TRANSPORTING EVMs. New Delhi, April 6 In less than four weeks Air India (domestic), previously known as Indian, could earn the equivalent of flying 52,000 passengers, or the equivalent of operating 300 Airbus ...

FOREIGN TRADE: Speculation and global trade in food crops
For much of the period between mid-2007 and mid-2008, as global prices in oil and other commodity markets zoomed to stratospheric levels, various eminent economists joined bankers, financial market consultants and even policymakers, in ...

CARS: Khattar-promoted Carnation to buy out distressed dealers
‘Over 250 dealers keen to exit due to poor sales’. Hyderabad, April 6 The Jagdish Khattar-promoted Carnation has struck deals with at least five automotive dealers. It is also in talks with ...

ACCOUNTANCY: ICAI begins scanning books of cos seeing director resignations
Eye on ‘intention’ behind quitting; to seek more powers for auditors. Mumbai, April 6 The Institute of Chartered Accountants of India (ICAI) has initiated the process of scrutinising the accounts of companies that have seen an exodus ...

BIO-TECH & GENETICS: Regional centre of bio-resources institute to be set up in Sikkim
Gangtok, April 6 The Ministry of Science and Technology, Department of Biotechnology, has sanctioned setting up of a regional centre of Institute of Bioresources and Sustainable Development in Sikkim at a total cost of Rs 9.61 crore, following ...

REAL ESTATE & CONSTRUCTION: Tidel Park cuts lease rents by 10%
Due to SEZ competition, slowdown. Chennai, April 6 Tidel Park Ltd has announced a 10 per cent reduction in lease rents to take on the competition posed by the Special Economic Zones and the slowdown in ...

EDUCATION: IIM-A inaugurates post-graduate programme for executives
Ahmedabad, April 6 The Indian Institute of Management, Ahmedabad, inaugurated its fourth batch of the one year, residential, Post Graduate Programme in Management for ...

HUMAN RESOURCES: ‘Pay cuts less punitive than job loss’
Not lay-offs, but more creative methods to cut costs and retain employees should be the mantra for corporates across geographies to tackle recession. This is the advice that NYSE-listed global HR consultant, Watson Wyatt, has for business ...

INTERIORS & HOMES: Avanta plans expansion in Pune, Bangalore
Mumbai, April 6 The London-based furnished office space provider Avanta, which unveiled its facilities in Mumbai recently, is looking to expand to Pune and ...

HOTELS: Hotel Horizon setting up food court in Kerala capital
Thiruvananthapuram, April 6 A city-based hotel company is setting up a food court in Thiruvananthapuram’s Vellayambalam ...

MEDICAL INSTITUTIONS & HOSPITALS: Narayana Hrudayalaya to open Rs 250-cr cancer centre
Bangalore, April 6 Dr Devi Shetty-promoted Narayana Hrudayalaya is all set to launch a Rs 250-crore cancer hospital in Bangalore towards late April as part of its health city model, the cardiology major said here ...

COURTS/LEGAL ISSUES: Cotton waste dealers can pay CST at 4% without ‘C’ forms: HC
Chennai, April 6 The Madras High Court has ruled that the TN Department of Commercial Taxes had no legal right to insist on the dealers of waste cotton in inter-State sale to submit ‘C’ forms as a condition precedent for payment ...

INDUSTRY ASSOCIATIONS: Yi chapter in Thiruvananthapuram shortly
Thiruvananthapuram, April 6 The Confederation of Indian Industry is starting a chapter of its Young Indians (Yi) initiative in the ...

FOREIGN RELATIONS: Bangladesh gives assurance on connectivity
Kolkata, April 6 The Bangladesh Government has agreed to look into and resolve the connectivity issues between North-East and East India and has called for a stronger economic relationship between the two ...

EVENTS: Property 2009 begins on April 9
Mumbai, April 6 Over 1,200 properties from 80 builders will be on display at ‘Property 2009’,organised by the Maharashtra Chamber of Housing Industry (MCHI), at the MMRDA grounds, Bandra Kurla Complex, here between April 9 and ...

INCOME TAX RULES: I-T return forms notified
...

PHARMACEUTICALS: Wockhardt gets breather from ICICI Bank
Mumbai, April 6 Debt-saddled Wockhardt Ltd is said to have got another breather, a loan of about Rs 70 crore, from ICICI ...

PSU: Midhani logs record turnover at Rs 306 cr
Hyderabad, April 6 Mishra Dhatu Nigam Ltd (Midhani) has achieved a record turnover of Rs 306 crore in the financial year ended March 31, 2009 compared with Rs 255 crore in the ...

EXPORTS & IMPORTS: ‘Pharma, auto sectors will lead Indian growth resurgence’
Madurai, April 6 The pharma and auto sectors will soon lead the resurgence of the Indian economy from the current slowdown in growth brought about by the global meltdown, according to Mr T.C. Venkat Subramanian, Chairman and Managing ...

EDUCATION: Mr G.P. Chadha, Regional Manager, Maruti Suzuki India Ltd; Sri Manakula Vinayagar Engineering College, Puducherry
Chennai, April 6 Budding managers should work on improving their powers of listening and understanding clearly difficult situations that crop up in professional life, said Mr G.P. Chadha, Regional Manager, Maruti Suzuki ...

EVENTS: WTO Ministerial meet simulation
At least 30 delegate from reputed B-schools across the country participated in the just-concluded IITD MWTO 2009, a simulation of the WTO Ministerial Conference. Organised by the Department of Management Studies, IIT Delhi, the event was a part ...

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