The Hindu Business Line : Tuesday, July 14, 2009

STATES

TAMIL NADU: TN Govt to invest more in infrastructure
Plans to set up a ‘financial city’ near Chennai. Chennai, July 13 The Tamil Nadu Government plans to invest more in infrastructure development to be ready to exploit industrial investment growth when the economic ...

ANDHRA PRADESH: PowerGrid may go slow on evacuation line work in AP
Meant for Krishnapatnam ultra mega power project. Hyderabad, July 13 Power Grid Corporation of India Ltd (PGCIL) is likely to go slow on developing the Rs 5,000-crore evacuation line from the 4,000 MW Krishnapatnam ultra mega power project, ...

OTHER STATES: New govts must use trade to resolve India-Pakistan problems
Official annual trade between the two countries is about $2 billion. With new governments in both India and Pakistan, there is a ‘window of opportunity’ once again to improve economic ties and the increased bilateral trade might well ...

KERALA: Netting the tourists
...

ANDHRA PRADESH: AP industry body takes up cluster development projects
To facilitate funding for target industries. Coimbatore, July 13 Hyderabad-based APITCO Ltd, promoted by a cluster of banks and financial institutions, has taken up seven industrial clusters for development as part of its Business Development ...

KERALA: SEBI fiat puts mutual fund advisors in a quandary
Thiruvananthapuram, July 13 The recent order of the Securities and Exchange of Board of India (SEBI) on the mode of payment of commission to mutual fund advisors has made them a ...

KARNATAKA: Nilekani looks to do away with duplicates
CLEAR IDENTITY. Bangalore, July 13 “First I will have to go and find an office,” a bemused Mr Nandan Nilekani told an expectant media when asked about the responsibilities and challenges of his new ...

ANDHRA PRADESH: Fund mooted to improve loan recovery rates
With a view to increasing loan recovery rates for banks, the Andhra Pradesh Government has proposed to set up a ...

TAMIL NADU: ELCOT stepping up efforts to usher in m-governance
Chennai to host CeTIT-2009 on July 17, 18. Chennai, July 13 The Electronic Corporation of Tamil Nadu (ELCOT) is in talk with various mobile service providers to provide the m-governance (developed by a private company) platform, an online ...

ANDHRA PRADESH: Hyderabad Metro: AP Govt to call for fresh bids
After scrapping the Rs 12,132-crore project contract awarded to the Maytas Infra-led consortium, the Andhra Pradesh Government today decided to call for fresh global bids for the Hyderabad Metro Rail ...

KARNATAKA: 65 small, medium IT cos complete BSA certificate programme
Bangalore July 13 Business Software Alliance (BSA), the world trade body representing commercial software industry, said that 65 small and medium IT and ITES firms in Karnataka have completed the Software Asset Management Leadership ...

KERALA: Ploughing ahead
...

KERALA: Kerala Govt plans 5,000 Onam bazars
The Civil Supplies Department will open 5,000 bazars during Onam in Kerala, according to the Minister for Food and Civil Supplies, Mr ...

TAMIL NADU: Draft granite policy aims at transparency
Chennai, July 13 The State Government has come out with a draft policy for granite mining aimed at simplifying paper work, preventing legal complications, and enabling efficient exploitation of granite reserves in Tamil Nadu in a ...

KERALA: Pepper futures shoot up on bull operations
Operators seem to have become bulls and pushed up the market. There was “simply buying and selling”and consequently the total turn over surged by over 400 per cent, market sources told ...

WEST BENGAL: Strike halts work in Darjeeling tea gardens
Normal work in Darjeeling tea gardens came to halt on Monday as a sequel to the bandh following the Gorkha Janamukti Morcha led by Mr Bimal ...

OTHER STATES: 6 injured as cranes crash at Metro accident site
New Delhi, Jul 13 Within a day of the collapse of an under-construction metro rail bridge, a second accident injured six people at the same site, on Monday, when three huge cranes supporting a launching girder ...

ANDHRA PRADESH: Israeli firm begins operations
Tel Aviv (Israel)- headquartered farm technology major Makhteshim-Agan, which has expertise in crop protection products, on Monday formally launched its activities in Hyderabad, marking its formal entry into the ...

ANDHRA PRADESH: AP Credit Plan outlay at Rs 55,000 cr
The State-Level Bankers’ Committee (SLBC) has set a credit target of Rs 55,000 crore for 2009-10. This is 18 per cent or Rs 8,000 crore more than last year’s target of Rs 47,000 crore. This includes Rs 32,500 crore for agriculture ...

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Markets (July 13)

Nifty (at close)	3,974.05 (-29.85)
US Dollar (Buy/Sell)	48.08/09
Brent crude (a bbl) Rs	2,892
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