The Hindu Business Line : Friday, August 07, 2009

INDUSTRY & ECONOMY

PETROLEUM: Govt looking at uniform price regime for gas
New Delhi, Aug. 6 The Government is studying the feasibility of a uniform price regime for gas. It is learnt that GAIL (India) Ltd has been asked to conduct the ...

ECONOMY: No takers for big-ticket Bollywood flicks
SLOWDOWN SHOWS. More than 60 Bollywood films, including star-studded releases such as Blue, Three Idiots and London Dreams, are finding it difficult to find ...

MODERNISATION: Govt to release Rs 2,546-cr subsidy for textiles in three days: Maran
Working group to come out with Fibre Policy. New Delhi, Aug. 6 The Government, on Thursday, announced the immediate release of a subsidy of Rs 2,546 crore for the textile industry under the Technology Upgradation Fund scheme (TUFs) to underpin ...

STEEL: Steel cos find first quarter lacklustre
Input cost savings did not reflect in numbers. BL Research Bureau The steel sector had a rough start to the year, with June quarter net profits down between 25 per cent and 55 per cent for the four key domestic players — Tata Steel, Steel ...

NON-CONVENTIONAL ENERGY: Grid-based solar units may get generation incentive
Hyderabad, Aug. 6 The grid-based interactive solar power generation projects may get a generation-based incentive from the Centre in addition to the tariff fixed by the State ...

RURAL DEVELOPMENT: Financial inclusion course seen creating rural jobs too
IIFB hopes to create foot soldiers to take bank products to the hinterland. Mumbai, Aug. 6 Sensing that financial inclusion could generate gainful employment for thousands of rural youth, the Indian Institute of Banking and Finance (IIBF) has ...

PSU: Kerala to open festival bazaars
As part of its market intervention strategy, the Kerala State Civil Supplies Corporation (Supplyco) plans to open five Onam – Ramzan Metro People’s Bazaars and 12 Town People’s Bazaars in the State. The Minister for Food ...

POWER: FKCCI seeks cancellation of power supply cos’ licences
Alleging that the load shedding enforced in Karnataka by electricity supply companies (Escoms) was only an indirect and illegal attempt to “tamper with the power tariff,” the Federation of Karnataka Chambers of Commerce and ...

INFRASTRUCTURE: CII calls for Infrastructure Budget
Creation of Land Bank Corpn mooted. Chennai, Aug. 6 The Confederation of Indian Industry on Thursday, called upon the Government to come out with an Infrastructure Budget annually, on the lines of the Railway ...

MINERALS: Mining lease issue rocks AP House
Hyderabad, Aug. 6 The issue of continuation of mining operations by Obulapuram Mining Company and four others despite the Centre’s objections rocked the Andhra Pradesh Legislative Assembly on ...

ENGINEERING: Centre bets on shift to supercritical tech to add thermal capacity
New Delhi, Aug. 6 With a pack of new players, including the L&T-Mitsubishi Heavy Electric combine, Bharat Forge-Alstom, Toshiba-JSW and Italian firm Ansaldo lining up plans to set up greenfield supercritical boiler and turbine ...

ENTREPRENEURSHIP: Business incubators at AIIMS, IISc in the offing
Coimbatore, Aug. 6 The National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology is planning to add at least five new Technology Business Incubators (TBIs) every year, NSTEDB ...

SCIENCE & TECHNOLOGY: Second campus in Vizag: BARC may begin work later this year
Work on the second campus of the Bhabha Atomic Research Centre (BARC), coming up in the Atchyuthapuram mandal of Visakhapatnam district, is likely to begin later this year, probably by the year-end, according to sources. The State Government ...

POWER: Chamber decries unscheduled power cut
Coimbatore, Aug. 6 The Indian Chamber of Commerce and Industry (ICCI), Coimbatore, has decried the erratic power supply to industries and the punitive action taken by TNEB for even minor violation of peak hour restrictions. It wanted that ...

ECONOMY: Pranab promises prompt action on price rise
New Delhi, Aug. 6 The Finance Minister, Mr Pranab Mukherjee, on Thursday assured Parliament that the Government would take swift and appropriate action as and when required to check price rise in ...

FOREIGN TRADE: UK trade body seeks tie-ups in more cities
Thiruvananthapuram, Aug. 6 UK Trade and Investment is expanding its promotional activities to more cities and States in India as part of its strategy to reach out to businesses, said Ms Jane Owen, Director, UK Trade and ...

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