The Hindu Business Line : Saturday, May 09, 2009

INDUSTRY & ECONOMY

ECONOMY: Tata Steel’s Corus unit in UK on verge of closure
As consortium fails to honour commitment to buy 78% of production. Mumbai, May 8 European steelmaker Corus, which was acquired by Tata Steel for $12.9 billion in 2007, may be forced to shut down its Teesside Cast Products (TCP) plant in ...

PETROLEUM: After D6, all eyes on adjacent blocks
Reliance-operated D3, D9 blocks hold promise. Chennai, May 8 After the hugely successful gas find in the D6 block in the Krishna-Godavari basin, where would one look for more oil and gas? In the adjacent blocks, ...

ECONOMY: Challenges before new government
Whichever coalition government comes to power at the Centre some weeks from now will be confronted with formidable challenges, particularly in relation to the economy, severely impacted by the global financial and economic crisis. There is a ...

PETROLEUM: Petronet ties up LNG imports from Australia
New Delhi, May 8 Petronet LNG Ltd (PLL) has tied up 1.5 million tonnes a year of LNG imports from the Gorgon project in Australia for Kochi terminal. The terminal will be ready by end ...

FOREIGN TRADE: Nathula Pass trade draws blank as traders stay away
Gangtok, May 8 The much hyped border trade between Sikkim and Tibet Autonomous Region (TAR) through the Nathu La Pass has ...

REAL ESTATE & CONSTRUCTION: Secura Investment launches Shariah-compliant real estate VC fund
To focus on realty, infrastructure development sector. Kozhikode, May 8 Secura Investment Management India Pvt Ltd has launched its first real estate venture capital ...

REAL ESTATE & CONSTRUCTION: Centre examining HC’s service tax order on commercial premises rental
The Centre is yet to decide on whether it should go on appeal against the Delhi High Court’s recent ruling on renting of commercial premises. The Delhi High Court had recently ruled that renting of commercial premises will not ...

HEALTH: No swine flu case tested positive so far: Minister
Hyderabad, May 8 The Union Government has declared that the country is free of swine flu so ...

REAL ESTATE & CONSTRUCTION: Less is more: Low-cost housing projects on the rise in Ahmedabad
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INTERVIEW: Dutch body lures investments from Indian IT, pharma cos
‘Netherlands is strategically located vis-À-vis other major European centres’. Coimbatore, May 6 Having assisted around 80 Indian companies establish offices in the Netherlands, the Netherlands Foreign Investment Agency (NFIA) ...