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Thursday, September 17, 2009
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INDUSTRY & ECONOMY

RADIO/TV: Unilever blocks whole day on Star India’s entire network
New Delhi, Sept. 16 Hindustan Unilever has blocked a whole day on Star India’s entire network of channels. Brands of Unilever alone will be advertised on Thursday across Star Plus, Star One, Star Gold, Star Utsav, Star Movies, Star ...

TAXATION: Advance tax numbers suggest pressure on cement cos
Mumbai, Sept. 16 UltraTech Cement, an Aditya Birla Group company, has skipped advance tax payment in the second quarter of this fiscal, fuelling speculation that the earnings of cement companies could come under pressure due to ...

RADIO/TV: Making a comeback
Zee’s star is on the ascendant again as it revamps programming and cuts costs.. It was towards the end of June this year that Zee TV finally managed to break the stranglehold of Star and Colors to regain a dominant position in the general ...

PERSONAL PRODUCTS: Getting under the skin
The launch of Uveda and Neutrogena are testimony to the potential of the skincare market.. Women are already spoilt for choice when it comes to buying skincare products. Multinationals such as Hindustan Unilever and L’Oreal, along with ...

ELECTRICAL GOODS: Power project promoters sourcing equipment directly
Shift from EPC route due to discounts offered by global suppliers. Bangalore, Sept. 16 Power project promoters have begun sourcing equipment directly from suppliers departing from the practice of inviting engineering, procurement and ...

STEEL: Iron ore: Losing its strength?
Indian miners lose ground to global majors. Investors in stocks of iron ore producers may need to be cautious in the light of the recent trends in exports and prices. After managing a growth in the first two quarters of 2009, exports of iron ore ...

COURTS/LEGAL ISSUES: Govt urged to respect judicial verdicts
Coimbatore, Sept. 16 The President of the Indian Chamber of Commerce and Industry (ICCI), Coimbatore, Mr Mahendra Ramdas, has cautioned that there would be ‘total anarchy’ if the State Government persisted with the practice of ...

ENVIRONMENT: Wealth out of waste: ITC gets good response to scheme in South
Wealth out of waste (WOW) – a recycling programme launched by ITC – is being received well by the citizens in various southern cities and towns and the company has plans to extend it to the whole country, according to ...

CONSUMER ELECTRONICS: Communication sector is top hardware user
Mobile phones, DTH equipment drive growth; consumer electronics a close second. Chennai, Sept. 16 For the first time, the communication and broadcasting sector has overtaken ‘consumer electronics’ as the largest segment (in value) ...

TOURISM: ‘Tourism is not for the elite alone’
Thiruvananthapuram, Sept. 16 It is the professed intention of the State Government to make tourism accessible to the common man, according to the Minister for Tourism and Home, Mr Kodiyeri ...

POWER: States asked to form independent redress forum for electricity
Chennai, Sept. 16 The Chairman of the Appellate Tribunal for Electricity, Mr Justice M. Karpaga Vinayagam, has urged the State Governments to set up an independent consumer redressal forum and ombudsman as provided under the Electricity ...

INFRASTRUCTURE: Infrastructure needs can be funded domestically: Report
Mumbai, Sept. 16 India’s large infrastructure needs can potentially be funded domestically although external capital will continue to play the role of an important supplement, a Goldman Sachs ...

CERAMICS: Tile-makers yet to see full turnaround
Mumbai, Sept. 16 While real-estate developers have been reporting higher sales since May, tile-makers are yet to benefit from ...

EDUCATION: Intel, Gujarat Govt award for schools
Ahmedabad, Sept. 16 The fifth ‘Best Integration of Technology in Education’ contest organised by the Gujarat Secondary and Higher Secondary Education Board (GSHSEB), Sarva Shiksha Abhiyaan (SSA) and Intel Teach Program felicitated ...

INFRASTRUCTURE: Good response to Kinfra’s Kannur project
The Kerala Industrial Infrastructure Development Corporation (Kinfra) has received good response to its invitation for expressions of interest (EoIs) to develop an industrial park in ...

NON-CONVENTIONAL ENERGY: Govt to unveil solar energy policy on Nov 14
Hyderabad, Sept. 16 The Government of India will unveil a new policy on solar energy on November 14, as part of its target to produce 20,000 MW of solar power ...

RURAL DEVELOPMENT: Nabard extends Rs 18-crore aid for SHGs
Madurai, Sept 16 The National Bank for Agriculture and Rural Development (Nabard) has extended assistance to the tune of Rs 18 crore during 2008-09 for capacity building of self-help groups (SHGs) in the country, said Mr B.B. Mohanty, ...

ECONOMY: Revised WPI likely by Dec
New Delhi, Sept. 16 The Government is expected to bring out a revised Wholesale Price Index (WPI) by December, the Chief Statistician of India, Dr Pronab Sen, said here ...

EDUCATION: ICFAI Business School launches management course
Bangalore, Sept. 16 IBS Bangalore (ICFAI Business School, Bangalore) has introduced a two-year post-graduate programme in management starting June ...

POWER: Atomic energy panel to visit Mannur village this month
Bijapur, Sept. 16 The site inspection committee of the Atomic Energy Commission (AEC) will visit Mannur village in Basavan Bagewadi taluk of Bijapur district in the last week of September to study the feasibility of setting up a ...

TOURISM: Centre eases Protected Area Permit norms in Sikkim
Gangtok, Sept. 16 In a positive development for promoting international tourism in Sikkim, the Centre has accorded significant relaxation to the protected area regime in the State besides decentralising issuance of Protected Area Permits ...

CLIMATE & WEATHER: Warming up to climate change
Anyone who has resided for even a short length of time in Kerala would appreciate the role and importance of weather and climate in the myriad aspects of the State’s existence – be it socio-economic, cultural or political. Witness ...

ECONOMY: Drive to provide houses, jobs for all
The State Government has launched a campaign that aims to provide houses and jobs for all as part of the second phase of People’s Plan Campaign. The State now has about 3.5 lakh families without houses, of which one lakh had no land to ...

REAL ESTATE & CONSTRUCTION: ‘Fair value of land holdings by Nov’
F air value of land holdings in the State would be notified by as early as November, according to the Minister for Registration, Mr S. Sarma. Fixing of fair value was at an advanced stage and would be completed next month, the Minister told ...

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




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Markets (Sept 16)
Nifty (at close)4,958.40(+66.30)
US Dollar (Buy/Sell)48.23/24
Brent crude (a bbl) Rs3,320
Gold (a gram) Rs1,477
Silver (a kg) Rs28,725


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Communication sector is top hardware user

Jewellers bet on diamond as gold turns dearer

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Iron ore: Losing its strength?

Infrastructure needs can be funded domestically: Report

Revised WPI likely by Dec

Tile-makers yet to see full turnaround

Looking back
Sep. 6-Sep. 12
Increased trade, key to battling downturn

India to invest up to $10 b in IMF Notes

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Pranab expects tax receipts to improve in Q3

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India will have to reverse expansionary stance soon: Subbarao

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