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Thursday, April 16, 2009
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INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Vegetable oil imports in March up 28%
Rise despite huge stocks at ports, says Solvent Extractors body. Chennai, April 15 Vegetable oil imports increased 28 per cent in March compared with the same period a year ago but the pace of the shipments in to the country slowed down ...

POWER: Thermal stations continue to battle coal shortages
Stock position in 13 large stations expected to last less than four days. New Delhi, April 15 The coal shortage situation affecting major thermal power stations across the country shows no sign of abating. According to latest available ...

TEXTILES: NTC scales up turnover target to Rs 760 cr
Completes modernisation of 18 of its most viable mills. New Delhi, April 15 Buoyed up by a sound performance with a turnover of Rs 580 crore in 2008-09, National Textile Corporation (NTC) has set a higher turnover target of Rs 760 crore for the ...

EDUCATION: Asian School of Business to have own campus next year
Thiruvananthapuram, April 15 The city-based Asian School of Business (ASB) will move into its own campus only by early next ...

RADIO/TV: German TV broadcaster keen to expand here
Thiruvananthapuram, April 13 Germany’s international broadcaster Deutsche Welle is keen to expand in India’s television, radio and Internet ...

INCOME TAX: Income-tax payer base doubles in a decade, helps in higher revenue mop-up
New Delhi, April 15 The number of income-tax payers in the country has nearly doubled from 1.73 crore in 1998-99 to 3.37 crore in 2007-08, going by the data available with the ...

POWER: GVK commissions Jegurupadu phase II expansion
Hyderabad, April 15 GVK Industries has commissioned the 220 MW Jegurupadu second phase power plant using gas supplied by GAIL through a swap deal with Reliance ...

ENVIRONMENT: Climate change and growth
Climate change and global warming are fairly high on the agenda of most governments thanks to heightened awareness of their potentially adverse effects. But in practice, across nations, there is a wide variation in policy response to the ...

EDUCATION: Slowdown spares education sector
Private equity and venture capital might be shy of opening up their fists at a time of economic slowdown, but the resilient education sector seemed to have succeeded in loosening the grip over their purse with both the investment channels ...

ECONOMIC OFFENCES: How Raju, his associates generated false invoices
CBI cross-checks reveal most receipts were fake. Hyderabad, April 15 Mr B. Ramalinga Raju, the former Chairman of Satyam Computer Services and A1 in the Rs 7,136-crore fraud, had allegedly generated 7,561 false invoices to show a non-existent ...

INDUSTRY ASSOCIATIONS: Maditssia-TVS services industry award
Madurai, April 16 Applications are invited for the award of ‘Maditssia-TVS Service Industry Award 2008’ for the best small-scale industry in the services sector in the southern districts of ...

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




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Markets (April 15)
Nifty (at close)3484.15(+101.55)
US Dollar (Buy/Sell)49.69/70
Brent crude (a bbl) Rs2,464
Gold (a gram) Rs1,359
Silver (a kg) Rs22,155


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Thermal stations continue to battle coal shortages

15 pc drop in domestic air passenger traffic in March

Bank stocks outperform benchmark indices

Income-tax payer base doubles in a decade, helps in higher revenue mop-up

Vegetable oil imports in March up 28%

What about ADR holders of Satyam?

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Satyam’s class-action suit liability put at $80-100 m

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