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KARNATAKA: Karnataka’s exports rise marginally last fiscal
Slowdown hits electronics, computer software segment. Bangalore, June 24 Exports from Karnataka increased 2.3 per cent in 2008-09, or from Rs 1.32 lakh crore in 2007-08 to Rs 1.35 lakh crore in the period under review. This is against a rise of ...

TAMIL NADU: Chennai’s public transport system set for upgrade
Road safety tax on new vehicles from August. Chennai, June 24 Chennai’s public transport system is set for an upgrade with the Metropolitan Transport Corporation announcing a Rs 1,300 crore project under the Jawaharlal Nehru National Urban ...

KERALA: Lanco revokes Vizhinjam offer
‘Continuing uncertainty’ cited as reason for withdrawal. The prospect of the much-delayed international container transshipment terminal at Vizhinjam fructifying in the near future has diminished further with the consortium led by ...

OTHER STATES: Give USO Fund autonomy, rationalise taxes for telecom: CII
Roadmap for accelerating broadband growth suggested. New Delhi, June 24 The Confederation of Indian Industry (CII) on Tuesday submitted a five-point recommendation on telecom and broadband to Mr A. Raja, Minister for Communications and ...

KARNATAKA: Banks need to relook at branch structure
Better use of rural network key to growth. Mangalore, June 24 The better use of rural branch network of banks in the country is essential for the growth of the nation at a time when the banking industry is talking about merger of banks, ...

KERALA: Survey on for new Mullaperiyar dam
Minister reiterates need for a new dam. The river survey being carried out by the Kerala Government for construction of a new dam at Mullaperiyar will be completed this year, according to the Minister for Water Resources, Mr ...

ANDHRA PRADESH: Scanty rainfall causes worry among farmers
Kharif crops, reservoirs in AP threatened. With the monsoon playing truant and reservoirs showing steep fall in water levels, farmers in Andhra Pradesh fear that the prospects of their kharif crops would be severely hit this ...

TAMIL NADU: Plea to raise crude output
The Sattur Chamber of Commerce and Industries has stressed the need to raise production of crude oil in the country.In a letter addressed to the Union Petroleum Minister, Mr Murli Deora, Chamber Secretary, Mr P.T.K.A. Balasubramanian, ...

KERALA: Banks mull special counselling for students
Banks in Thiruvananthapuram district are gearing up for special counselling of student-loan applicants in view of new guidelines from the Indian Banks’ Association ...

KARNATAKA: Indian tourist traffic to Dubai rises 7% in Q1
Dubai still enjoys the ‘value-for-money’ destination tag in India, and this is evident in the fact that the destination has enjoyed a 20 per cent growth in 2008, compared to the previous ...

TAMIL NADU: Tata Tele rolls out GSM under Tata Docomo brand
Chennai, June 24 Tata Teleservices Ltd announced on Wednesday the commercial launch of its GSM (global system for mobile communication) services in India, beginning with Chennai and rest of Tamil Nadu, under the brand Tata Docomo. The ...

ANDHRA PRADESH: Reddy asks officials to speed up irrigation projects
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, today directed officials of the Irrigation Department to expedite projects as their completion has direct bearing on the agriculture sector and the Gross State Domestic ...

KERALA: 6 from Kerala chosen as Fulbright Fellows
Six young scholars from Kerala drawn from diverse professional fields have been selected to receive the prestigious Fulbright-Nehru Fellowships in ...

KERALA: Colloquium on PSUs and disinvestment
National Confederation of Officers Associations of Central Public Sector Undertakings (NCOA) – Kerala Zone is organising a colloquium on Central Public Sector Undertakings and Disinvestment on Thursday at FACT Udyogamandal ...

OTHER STATES: Sikkim draws blueprint to celebrate 2010 as Year of Tourism
A tentative blueprint has been charted by the Sikkim Tourism Department to have year-round activities for its most ambitious project, `2010 - Year of ...

TAMIL NADU: Mahindra Holidays to tap seniors, teen segments
Chennai, June 24 Mahindra Holidays & Resorts India Ltd (MHRIL) intends to launch holiday products for teenagers and ...

TAMIL NADU: Tirupur stitching units down shutters for a day
Coimbatore, June 24 Around 2,000 stitching units affiliated to the Tirupur Banian Power Table Owners’ Association (TBPTOA) downed shutters for 24 hours starting 8 a.m. on Wednesday demanding an interim hike in sewing charges ...

ANDHRA PRADESH: CIMA study centre at BIFT
The UK-based Chartered Institute of Management Accountants (CIMA) is setting up a study support centre at Badruka Institute of Foreign Trade (BIFT) ...

KARNATAKA: High-level panel okays Rs 10,998-cr proposals
Bangalore, June 24 The High Level Clearance Committee, presided over by the Chief Minister, Mr B.S.Yeddyurappa, today approved investment proposals worth Rs 10,998 crore involving 24 projects, which included iron and steel units, ...

KERALA: Pepper futures recover on buying support
Kochi, June 24 Pepper futures market on Wednesday recovered and closed higher on good ...

WEST BENGAL: M.P. Birla Group plans 2 new hospitals in Rajasthan
The Belle Vue Clinic, belonging to the M.P. Birla Group, is planning to set up two new hospitals in Rajasthan, according to Mr H.V. Lodha, its Trustee and Member of the ...

ANDHRA PRADESH: Recovery signs in 2nd half this year: Rangarajan
There will be signs of recovery from the current economic recession in the second half of current financial year, according to Dr C. Rangarajan, member of Rajya Sabha and former Governor ...

GUJARAT: NMCE in talks with PEs to raise Rs 50 cr for expansion
India’s first demutualised electronic commodity exchange set up in 2002, National Multi-Commodity Exchange of India Ltd (NMCE), is talking to three private equity (PE) players in the country to raise Rs 50 crore via fresh equity this ...

ANDHRA PRADESH: RCom to launch Mobi TV on GSM
Hyderabad, June 24 Reliance Communications will soon offer 35 television channels for its GSM users. It would use Mimobi, a technology platform developed by the Hyderabad-based Apalya Technologies, to offer the ...

TAMIL NADU: Coimbatore hosts TEXFAIR 2009
The fifth edition of TEXFAIR 2009 is on at the Codissia Trade Fair Complex here from Wednesday. The event, being organised by the Southern India Mills Association, closes on June 27 and coincides with the Platinum Jubilee function of SIMA on ...






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Markets (June 24)
Nifty (at close)4,292.95 (+45.95)
US Dollar (Buy/Sell)48.55/56
Brent crude (a bbl) Rs3,180
Gold (a gram) Rs1,348
Silver (a kg) Rs22,360


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Andhra Pradesh
Karnataka
Kerala
Maharashtra
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