The Hindu Business Line : Wednesday, May 06, 2009

INDUSTRY & ECONOMY

TAXATION: Obama’s tax plan weighs on Indian IT vendors
It could hurt US firms with captives here. New Delhi/Bangalore, May 5 The changes being proposed by the US to its tax code could eventually lead to a squeeze on the margins of Indian IT service providers, as also force some American tech firms ...

ECONOMIC OFFENCES: Kolkata businessman is alleged co-conspirator in Rs 71,000-cr tax evasion case
Pune, May 5 Kolkata-based businessman Mr Kashinath Tapuriah, who has been named by the Union Government as an alleged co-conspirator in a case that involves stashing away of nearly Rs 1,20,000 crore in overseas banks, is the brother of the ...

TRAVEL & PLACES: Outbound travel to US, Europe may be hit, say travel agents
SWINE FLU IMPACT. Bangalore, May 5 Though it is too early to gauge the impact of the swine flu on the travel industry, it’s the timing of this ‘pandemic scare’ that has irked travel ...

RADIO/TV: IPL: Prime time ratings deliver but weekend viewership dips
Prime time ratings continue to deliver higher than the afternoon ...

REAL ESTATE & CONSTRUCTION: Retail realty slows down in Jan-March: Report
‘Low supply trend may help maintain healthy supply-demand ratio’. Bangalore, May 5 The January-March ’09 quarter was a dull period for retail real estate with no fresh mall supply in the southern cities. In the first quarter of ...

TEXTILES: Cheap finance under TUF puts textile sector in a spot
‘Indiscriminate capacity expansion hits industry prospects’. Coimbatore, May 5 While the Government formulated the Textile Upgradation Fund (TUF) scheme with the intention of helping the sector to modernise, the lure of cheap ...

EDUCATION: School fee hike turns key issue in Delhi
New Delhi: If anyone had thought that fee hike by private schools in Delhi could become a major electoral issue, one should be congratulated for such foresight. The issue of recent increase in the tuition fees by some private ...

INDUSTRY ASSOCIATIONS: ‘India Inc confident of weathering slowdown’
Mumbai, May 5 India Inc is confident that it can weather the slowdown, going by the findings of a recent survey by Ernst & Young (E&Y), titled ‘Opportunities in Adversity: India Inc’s response to the ...

TOURISM: Kerala Tourism ties up with Radio Mirchi
Bangalore, May 5 Kerala Tourism has tied up with Radio Mirchi to promote the State to listeners in New Delhi, Mumbai, Ahmedabad and ...

ENGINEERING: Engg export body moots prime lending rate link to repo rate
The Reserve Bank of India should look at providing a band above the repo rate in order to give flexibility to banks to fix their Benchmark Prime Lending Rate (BPLR), according to recommendations of the Engineering Export Promotion ...

AUTOMOBILES: No subsidies on hybrids: Govt
The Government on Tuesday dismissed the need to offer any subsidies to import the hybrid technology vehicles in the country. It wants domestic automobile companies to indigenise technology. “I want hybrid technology to be indigenised. ...

RADIO/TV: Incablenet teams up with Radio Netherlands
Listen to radio on cable TV now, Incablenet has partnered with Radio Netherlands and will be offering radio to its consumers. The Hinduja Group’s business may be the first to do so via cable in India. Some Direct to Home companies are ...

EDUCATION: R.R. Krishna, Head – People and Organisational Development, FL Smidth; Tagore Engineering College
Chennai, May 5 Understand your own needs and those of industry so that one knows what he/she wants and the kind of person the industry is looking for, said Mr R.R. Krishna, Head – People and Organisational Development, FL Smidth, ...

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