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Thursday, May 28, 2009
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INDUSTRY & ECONOMY

BUDGET: Govt to push ahead with long-pending reforms
Priority for lowering bank lending rates further. New Delhi, May 27 The Finance Minister, Mr Pranab Mukherjee, said on Wednesday that the next round of economic reforms will provide the next stimulus to economic growth. The stock markets seemed ...

REAL ESTATE & CONSTRUCTION: Time for a realty check
Hit by the slowdown, the realty sector sees some innovative thinking as marketing budgets are cut.. If you thought buy-one-get-one free offers were limited to trousers, shoes and other small-ticket items, think again. You could get houses too ...

NRIS: SLBC to facilitate rehabilitation of Gulf returnees, says RBI
State and district-level action plan mooted for inclusive growth. The State-Level Bankers’ Committee (SLBC) will be given the freedom to work out a rehabilitation plan for non-residents forced to return by global recession, according to Ms ...

CEMENT: Cement: Analysts see demand picking up after monsoon
But some apprehensive of oversupply. Kolkata, May 27 Cement sector stocks, particularly mid- and small-cap ones, are showing signs of taking part in another ...

REAL ESTATE & CONSTRUCTION: Maharashtra Govt to amend Section 48 (1) of Bombay Stamp Act
Mumbai, May 27 Residents of the Mumbai metropolitan region who were short-changed by builders while buying flats will get stamp duty refund provided the transaction remains ...

PHARMACEUTICALS: Customs duty exemption for Tamiflu drugs
The Central Board of Excise and Customs (CBEC) has allowed duty free import of one million capsules of Tamiflu 75 mg ...

WATER: Dow India inaugurates water purification plant at Dahej
Gandhinagar, May 27 Dow Chemical International Pvt Ltd on Tuesday inaugurated a water purification plant at Kadodara village near Dahej in Bharuch district of Gujarat, providing almost 3,000 people with a long-term sustainable clean ...

POWER: Gas-based power plants ideal for Kerala: Expert
Given the current developments in the natural gas sector, especially with the Petronet LNG terminal under implementation in Kochi and scheduled to become operational by 2011, it looks more prudent to think of a gas-based thermal power plant ...

NATURAL CALAMITIES: Desperate measures
...

REAL ESTATE & CONSTRUCTION: Tata Realty to raise $1 b
Mumbai, May 27 Tata Realty and Infrastructure said it plans to raise a $1 billion (Rs 4,700 crore) infrastructure fund to support projects worth Rs 20,000 crore that will be executed over the next ...

PETROLEUM: ONGC to start appraisal drilling in Mahanadi block
The state-run ONGC plans to commence appraisal drilling in a Mahanadi offshore block on the coasts of Orissa next month. The company had struck a “small sized” gas reserve in the deepwater block the MN-OSN-2000/2 during ...

POWER: Mescom cuts down distribution loss
The Mangalore Electricity Supply Company (Mescom) Ltd – which is catering to the needs of around 16 lakh customers in Dakshina Kananda, Udupi, Shimoga and Chikmagalur districts of Karnataka – has been recording one of the ...

RURAL DEVELOPMENT: Govt to use mobile telephony to collect data of beneficiaries under NREGS
Kolkata, May 27 The Panchayat and Rural Development Ministry Department, West Bengal, in association with Pixel Informatics, plans to use mobile telephony to collect data of beneficiaries under the National Rural Employment Guarantee ...

BUDGET: Pranab to hold pre-Budget talks with industry captains on June 1
The Finance Minister, Mr Pranab Mukherjee, will meet captains of Indian industry on June 1 as part of his pre-Budget consultations with ...

ECONOMY: Economy and expectations
New Delhi, May 27 The return of the UPA with the Congress as a major gainer in government formation and the quick announcement of the old hand, Mr Pranab Mukherjee as the Union Finance Minister may have initially brightened the immediate ...

EDUCATION: Suresh Panampilly, Global Head (Induction), TCS; TKM Institute of Management, Kollam
In these changing times, a re-look at the measurements and analyses that are used to manage business is important to achieve excellence in business, according to Mr Suresh Panampilly, Global Head (Induction), Tata Consultancy Services ...

EDUCATION: Ashok Sankethi, Chief Executive Officer, Kaybase; Jeppiar College, Chennai
The principles governing the real-life performance of a manager are not very different from the ones we learn at our mother’s knee, said Mr Ashok Sankethi, Chief Executive Officer, Kaybase, while addressing students of Jeppiar College at ...

RURAL DEVELOPMENT: Govt to use mobile telephony to collect data of beneficiaries under NREGS
The Panchayat and Rural Development Ministry Department, West Bengal, in association with Pixel Informatics, plans to use mobile telephony to collect data of beneficiaries under the National Rural Employment Guarantee ...


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




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Markets (May 26)
Nifty (at close)4,276.05(+159.35)
US Dollar (Buy/Sell)47.60/61
Brent crude (a bbl) Rs2,875
Gold (a gram) Rs1,359
Silver (a kg) Rs23,790


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
SpiceJet bucks the trend, to hire 500 this fiscal

GMR Energy ties up funds for Orissa project

SBI building ‘SME cadre’

Cement: Analysts see demand picking up after monsoon

Does Bharti-MTN deal signal a recovery?

Looking back
May. 17-May. 23
CERC penalises 4 States utilities for grid indiscipline

Plan panel to be reconstituted

Wanted smart government, policies

Employment numbers rise in Jan-March

Drug export quality certificate to be issued only by DGCI

A big market opens up in the Indian ocean

Import of sensitive items up 28% in 2008-09

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