The Hindu Business Line : Sunday, May 31, 2009

INDUSTRY & ECONOMY

FOREIGN DIRECT INVESTMENT: Bharti Wal-Mart plans 15 wholesale stores in 3 years
Opens first one in Punjab; Haryana, NCR, UP, Madhya Pradesh on radar. Amritsar, May 30 Bharti Wal-Mart Pvt Ltd, the joint venture between Bharti Enterprises and Wal-Mart Stores Inc, today opened its first wholesale, B2B and cash and carry retail ...

DISINVESTMENT: Buoyed by disinvestment hopes
PSU stocks. After being also-rans in the bull market from 2003 to 2007, listed PSUs saw a revival of interest after the 2009 election verdict. The BSE PSU index rose 39.5 per cent post-elections, beating the 24 per cent surge in the BSE-500 and ...

REAL ESTATE & CONSTRUCTION: Rebound in realty?
Nearly a year after the demand slowdown, the property market sentiments seem to be improving, according to real estate companies. Builders across the market segment are claiming that the last two months have witnessed a surge in bookings ...

REAL ESTATE & CONSTRUCTION: Luxury mall in Chennai
Bergamo Luxury Mall, a shopping destination for the super rich, is set to open its doors in Chennai at Khader Nawaz ...

HUMAN RESOURCES: EEPC fears 37% job loss
Kolkata, May 30 EEPC India, formerly Engineering Export Promotion Council, has expressed concern that the present global economic slowdown is hitting hard the engineering sector, so much so that job loss in the sector might rise to 37 per cent ...

DISINVESTMENT: The line-up for disinvestment
By now, it is quite clear that the Government does have divestment of its stakes in PSUs high on its agenda for the next few months. That may well allow investors to buy into a whole range of offers from listed as well as new PSUs. Which ...

BREWERIES: Molson Coors to have majority stake in Cobra Beer jt venture
Indian operations to be independent of the UK entity. Bangalore, May 30 With UK-based Cobra Beer entering into a joint venture with Molson Coors, the Indian operations of the beer major have been hived off into an ...

ECONOMY: President’s address: Focus on rural job, Bharat Nirman schemes
New Delhi, May 30 The strengthening of key social sector programmes such as the National Rural Employment Guarantee Scheme (NREGS) and Bharat Nirman schemes, and initiatives for urban employment are the key areas that the President, Ms ...

TOURISM: Lure more tourists: Selja
New Delhi, May 30 India needs to attract more foreign tourists, whose number has dipped after the Mumbai terror attack and due to economic slowdown, the Tourism Minister, Ms Kumari Selja, said ...

EVENTS: Weekly News Round up
The Indian economy logged a growth of 6.7 per cent in 2008-09 despite the global economic crisis leaving an adverse impact on output in the second-half of the fiscal year under review. This is lower than the 9 per cent average growth witnessed ...

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

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Markets (May 29)

Nifty (at close)	4,448.95(+111.85)
US Dollar (Buy/Sell)	47.07/08
Brent crude (a bbl) Rs	3,113
Gold (a gram) Rs	1,372
Silver (a kg) Rs	24,865

In Focus
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Mandate 2009

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Other Top Stories
EEPC fears 37% job loss

RBI panel deliberates on financial market development

Lebanon’s Mikati family backs MTN-Bharti deal

Sun Pharma fourth-quarter net falls 45% to Rs 394 cr

Looking back
May. 24-May. 30
More realty cos firming up fund-raising plans

Diamond exporters looking at domestic market to boost biz

Swine-flu impact: Demand for bio-security products increases

Spa business bucks the recessionary trend

Wagon shortage hits cement distribution

Slowdown an upside for DTH industry

Cement: Analysts see demand picking up after monsoon

Inflation rate remains unchanged at 0.61%

Moody’s caution on Indian economy

Fiscal steps to curb cheap steel imports favoured

Oil refiners upbeat on free fuel pricing