The Hindu Business Line : Thursday, August 06, 2009

INDUSTRY & ECONOMY

ECONOMIC OFFENCES: Top 100 tax defaulters owe Rs 1.4 lakh crore
New Delhi, Aug. 5 Just 100 tax defaulters owed the Government a whopping Rs 1.4 lakh crore as on March 31, ...

TEXTILES: Textile exports to US slip 12% in H1
New Delhi, Aug. 5 Textile exports to the US have plummeted 12 per cent during January-June this year, even as order inflows position for the second half of the year also looks bleak. The drop in India’s exports comes at the expense of ...

CEMENT: Weak monsoon boosts cement sales in July
Mumbai, Aug. 5 The weak monsoon has come as a shot-in-the-arm for cement companies with most of them registering a rise in July despatches, compared to the same month last year. However, on a sequential basis, some, such as UltraTech ...

EDUCATION: ‘Education every child’s birthright’
Education is the birthright of every child and so it must be imparted to everyone without discrimination, said Dr Girija Vyas, MP and Chairperson, National Commission for Women. Dr Vyas was speaking at the closing ceremony of a two-day ...

EDUCATION: ‘Crisis provides an opportunity’
In every crisis there is an opportunity and even the current economic downturn can be a lesson to the industry. Continuous innovation is the key to sustaining during any crisis, according to speakers at a human resource meet organised by ...

REAL ESTATE & CONSTRUCTION: Ista Hotels to invest Rs 90 crore in Hyderabad property
Hyderabad, Aug. 5 Ista Hotels, part of the Delhi-based IHHR Hospitality, plans to invest up to Rs 90 crore in expansion at the existing facility at Gachi ...

FOREIGN DIRECT INVESTMENT: Starting businesses in India easier now: IFC report
They normally do not get enough time to keenly follow up implementation of projects considering it as their main task, he pointed out. Therefore, he said, projects do not get the requisite priority over other routine ...

REAL ESTATE & CONSTRUCTION: MTNL to rent out prime office space in Mumbai
Mumbai, Aug. 5 Mahanagar Telephone Nigam plans to rent out vacant building space in seven of its properties in and around ...

ENGINEERING: 23% fall in engg exports
Extension of Foreign Market Benefit Scheme sought. The country’s engineering exports in the first quarter of the current fiscal dropped 23 per cent vis-À-vis the same period of last year, according to a statement issued by EEPC ...

TOURISM: Kerala plans training programme in tourism
Thiruvananthapuram, Aug. 5 The Kerala Tourism Department is launching a project to impart training to those working in the ...

HEALTH: Swine flu: Industry awaits protocol
Pune, Aug. 5 Even though advisories on swine flu have been in place in sectors of industry ever since the disease was declared as being pandemic, HR departments in the software and BPO industry say they will welcome the setting up of a ...

EVENTS: Bangalore to host oncology meet on Aug 8, 9
Bangalore, Aug 5 Around 200 cancer specialists from across the country are to gather in Bangalore on August 8 and 9 for the American Society of Clinical Oncology’s follow-on conference, ‘Best of ...

TEXTILES: Rebate policy on khadi to continue
New Delhi, Aug. 5 Keeping in mind the interests of the spinners, weavers and various khadi institutions affected by the slowdown, the Government has announced the continuation of the Rebate Policy for khadi in 2009-10. This ...

SOCIAL WELFARE: ‘No cut in spend for welfare, growth sectors’
Hyderabad, Aug. 5 The Andhra Pradesh Finance Minister, Mr K. Rosaiah, today reiterated that his Ministry will not impose any cut on budgetary allocations made for welfare and development sectors in spite of tough ...

REAL ESTATE & CONSTRUCTION: Good demand for quality housing: DLF
Kochi, Aug 5 DLF, the real estate company believes that there has been an increased demand for quality housing in and around Kochi with the announcement of metro rail as well as the mining of oil and natural gas from coastal belt, off ...

NON-CONVENTIONAL ENERGY: Advanced heavy water reactor soon
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INDUSTRY ASSOCIATIONS: ‘Manufacturing sector holds key to growth’
Hyderabad, Aug. 5 Mr Kanna Lakshminarayana, Andhra Pradesh Minister for Major Industries, has said that the country should develop a vibrant manufacturing sector to beat the ...

RURAL DEVELOPMENT: YV Reddy to join IRMA Board
Ahmedabad, Aug. 5 Dr Y. Venugopal Reddy, who served as Governor of the Reserve Bank of India until September, 2008, will soon be joining the Board of Governors of the Institute of Rural Management ...

EVENTS: Workshop on IFRS
Advisory Services and Prime Academy, Chennai, plans to organise a four-day workshop on International Financial Reporting Standards (IFRS) on August 7 and 8 and the following weekend – August 15 and 16 at the Damodar Centre on Avinashi ...

PETROLEUM: NELP-VIII bid deadline extended
The Government has extended by two months the last date to bid for New Exploration Licensing Policy (NELP) VIII to October 12. The last date for submitting bids was August 10. A revised timetable was drawn up as the Finance Minister, Mr ...