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Monday, May 11, 2009
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INDUSTRY & ECONOMY

PSU: Ericsson, Huawei shortlisted for BSNL’s $6-b GSM contract
New Delhi, May 10 Swedish equipment major Ericsson and Chinese manufacturer of telecom gear Huawei have been shortlisted by Bharat Sanchar Nigam Ltd for its mega 93-million-line cellular project. The project size is estimated to be around ...

INDUSTRY ASSOCIATIONS: Marginal signs of recovery in manufacturing: Survey
New Delhi, May 10 Indian Manufacturing sector is showing marginal signs of recovery, according to the Confederation of Indian Industries’ ...

PETROLEUM: ONGC may be asked to help in bailing out refiners
Centre eyes other revenue streams besides oil bonds for HPCL, BPCL. New Delhi/Mumbai, May 10 With barely a little over Rs 10,000 crore at the Centre’s disposal to compensate IndianOil, Hindustan Petroleum Corporation and Bharat Petroleum ...

HUMAN RESOURCES: Job seekers shedding IT dreams
Candidates looking at IT profiles in non-IT industry, says staffing co. Bangalore, May 10 Taking a cue from the slowdown-hit IT industry that has pared hiring substantially, job seekers are eyeing employment opportunities in ...

RADIO/TV: Firaaq on BIG TV
BIG TV, the digital DTH arm of Reliance Communications, will feature the award winning film Firaaq from May 8 on its pay-per-view channel. For Rs 50, subscribers to the DTH service will have access to the film from the time ...

EXPORTS & IMPORTS: Coffee exports turn bitter on slowdown
Kochi, May 10 Indian coffee exports continued to decline during the first four months of the current year mainly due to the financial crunch overseas, even as the world coffee exports showed an increase in the 2008-09 ...

BREWERIES: Recession impact: Whyte & Mackay margins under pressure
Bangalore, May 10 With Scotch whisky consumption going down globally, the Scotland-based Whyte & Mackay, part of United Spirits, could see some pressure on ...

CEMENT: Cement capacity, use seen doubling in five years
The cement production capacity and its utilisation will be doubled in the next five years, according to Mr N.A. Viswanathan, Secretary-General, Cement Manufacturers ...

EVENTS: The Hindu education fair opens today in Hyderabad
Hyderabad, May 10 The Hindu is organising a two-day International Education Fair 2009, beginning May ...

TAXATION: Online system of tax receipts
Central Bank of India has introduced on-line system of tax receipts to facilitate payment of West Bengal Government’s commercial taxes through the Internet, according to a press release issued by the bank. Nearest CBS branch of the bank may ...

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




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Markets (May 08)
Nifty (at close)3620.70(-63.20)
US Dollar (Buy/Sell)49.33/35
Brent crude (a bbl) Rs2,752
Gold (a gram) Rs1,354
Silver (a kg) Rs23,540


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