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Sunday, June 07, 2009
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INDUSTRY & ECONOMY

EMPLOYMENT: Uptick in hiring of direct workers, says survey
Contract worker lay-offs see a reversal in March quarter. New Delhi, June 6 The optimism about an impending turnaround is beginning to reflect in the hiring activity in key manufacturing sectors, both for direct and contract ...

ECONOMY: Expat talent willing to take a cut in pay to stay on
‘SLOWDOWN’ OFFER. Bangalore, June 6 A large Indian retail chain that hired a South African expert a couple of years back to set up its malls/stores recently made him a ‘slowdown’ offer: to continue to work at an Indian ...

METALS: Base metals: Where are they headed?
LME base metals have witnessed a surge in prices since March. What are the factors driving the upswing? Is it supported by fundamentals? We attempt some ...

BUDGET: Budget for overseas study
All too soon it is again that time of the year when students rush to career fairs, exploring overseas opportunities and thronging the spot admission campaigns of international universities. But even as the search for the right university ...

ENVIRONMENT: Building on ‘green savings’
Per capita consumption of water and power has come down, says Mr N. K. Ranganath, Managing Director, Grundfos Pumps India Pvt Ltd, referring to his office ...

TAXATION: Stamp of approval in realty
In February, the Karnataka Government decided to reduce the stamp duty from 7.5 per cent to 6 per cent, one of the first steps aimed at giving a thrust to the real-estate sector. The reduction has now been extended to new flats too. Also, ...

ECONOMY: Recession forces travel cos to work harder
Unique packages offered, prices cut to woo travellers. Bangalore, June 6 This year’s summer holiday season, which has seen a late start with consumer travel queries just picking up, has forced national tourism organisations (NTOs) and ...

EDUCATION: Australian varsities assure Indian students of safety
Recent incidents likely to impact forthcoming admissions. Bangalore, June 6 Australian universities are assuring Indian students of their safety and allaying any fears they may have after the recent spate of attacks on Indians ...

NON-CONVENTIONAL ENERGY: Brightening homes with solar power
D.light Design, a lighting and power company, will partner with Shell Foundation to deliver affordable and high-quality lighting solutions to rural households. D.light aims to replace kerosene lamps with brighter, safer and more ...

EDUCATION: Scottish varsities keen on India
Scottish universities looking to invest and enter India’s higher education sector are waiting for the Government to pass the Foreign Educational Institutions Bill. Speaking to Business Line after a media briefing by ...

TECHNOLOGY: CtrlS deploys water-based cooling tech
CtrlS Datacentres Ltd has deployed water-based cooling technology at its facility here in association with Emerson Network Power India Pvt Ltd. “The new system uses water-based heat transfer technology and saves 30 per cent on energy ...

NON-CONVENTIONAL ENERGY: ‘Tap solar harvesting to drive growth and jobs’
Bangalore, June 6 With a growing need to boost employment across the globe, ‘greening’ the environment could provide a huge potential. The only way to achieve sustainability is to speed up innovations and investment in R&D ...

FOREIGN TRADE: EU keen on joint nuclear research
Bangalore, June 6 The European Union is keen to initiate a joint nuclear research programme that would enable India not only partner in developing a technology but also facilitate easier transfer of technology. Negotiations are expected to ...

NATURAL CALAMITIES: Railways to send medical team to cyclone-hit areas
Kolkata, June 6 Railways will send a medical team, comprising doctors from railway hospitals in the city, to cyclone-ravaged areas of West ...

AUTOMOBILE COMPONENTS: ACMA seeks tech upgradation fund for small firms
To compete with ASEAN countries such as Thailand, Auto Component Manufacturers Association (ACMA) has sought a Rs 1,000-crore technology upgradation fund for the small and medium ...

BREWERIES: Scotch whisky cos pledge to cut fossil fuel use by 80%
Bangalore, June 6 Scotch whisky companies have pledged to cut their use of fossil fuels by 80 per cent by 2050, under the first industry-wide environmental strategy published ...

EVENTS: Weekly News Round up
The Centre's net direct tax collections grew 16.88 per cent in May at Rs 11,919 crore against Rs 10,198 crore during the same month last year. However, the net collections grew by 5.77 per cent in the first two months of the current fiscal at ...

POWER: NTPC to add 3,300 MW this fiscal
Firms up capex plan of Rs 17,700 cr. Mumbai, June 6 NTPC has firmed up a capex plan of Rs 17,700 crore for this fiscal, while its joint ventures and subsidiaries are expected to incur an additional Rs ...

ANTI-DUMPING: Safeguard probe on passenger car tyre imports
New Delhi, June 6 The country’s safeguard authority has initiated safeguard investigations on increased imports of passenger ...

ANTI-DUMPING: Dumping duty imposed on CD-R imports
New Delhi, June 6 The Finance Ministry has imposed definitive anti-dumping duty on all imports of Compact Discs-Recordable (CD-Rs) from Iran, Malaysia, South Korea, Thailand, United Arab Emirate and Vietnam. A definitive anti-dumping ...

SSI: Union Bank restructures loan accounts of small firms
Union Bank of India has restructured 113,000 loan accounts of micro, small and medium enterprises worth Rs 2,950 crore in the ...


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




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Markets (June 5)
Nifty (at close)4,586.90(+14.25)
US Dollar (Buy/Sell)47.11/12
Brent crude (a bbl) Rs3,208
Gold (a gram) Rs1,384
Silver (a kg) Rs25,395


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
‘Tap solar harvesting to drive growth and jobs’

Raymond shuts down loss-making Belgium, US units

Australian varsities assure Indian students of safety

Railways to send medical team to cyclone-hit areas

NTPC to add 3,300 MW this fiscal

Dumping duty imposed on CD-R imports

Looking back
May. 31-Jun. 6
EEPC fears 37% job loss

Cement majors see FIIs’ stake rising

UP imposes ‘additional tax’ through Ordinance

Maruti, Hero Honda drive domestic auto sales in May

India Inc calls for ‘new deal’ Budget

Tax commissioners worldwide join hands to tackle evasion

Anti-smoking rules may not hit tobacco farming

Link infrastructure investments and retirement savings

RIL, Tata BP Solar among 12 projects to get in-principle nod

Behind the infrastructure numbers

No major hike in steel prices likely: Naveen Jindal

Tata Motors bags a lion’s share of bus orders under JNNURM

A climate of change, finally

UPA’s new agenda: Can it deliver?

BPCL open to Oman Oil hiking stake in Bina refinery

Food processing units may be served tax holidays

Life



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