The Hindu Business Line : Tuesday, October 13, 2009

INDUSTRY & ECONOMY

PETROLEUM: Lukewarm response to oil, gas blocks auction
PSUs rescue NELP-VIII, with ONGC bagging 17 bids. New Delhi, Oct. 12 The latest and most ambitious oil and gas auction round evoked poor response with only 36 of the 70 blocks offered receiving ...

ECONOMY: Industrial growth hits 22-month high in August
Manufacturing, mining and electricity post double-digit growth rates. The country’s industrial output has registered a 10.4 per cent year-on-year jump in August, marking a 22-month high since the 12.2-per cent of ...

CEMENT: Cement cos trim output to match demand in Q2
Profitability may increase on the back of fall in input costs. Mumbai, Oct. 12 Cement companies seem to have cut production in a conscious attempt to match the sharp fall in demand and prices during the second quarter ...

EXPORTS & IMPORTS: Increase in exports can be 10-14%, says Vijay Kelkar
Bangalore, Oct. 12 The report of the Task Force, appointed by the Finance Commission, would be published on the Commission’s Web site soon. It would enable better awareness and constructive policy dialogue, said Dr Vijay Kelkar, ...

ECONOMY: The benefits of migration
Last week the United Nations Development Programme (UNDP) released its annual Human Development Report (HDR) titled this year ‘Overcoming Barriers: Human Mobility and Development’, which addresses the issue of migration, something ...

HUMAN RESOURCES: 8% salary hikes likely in 2009: Mercer study
Bangalore, Oct 12 Despite the economic recession, salary increases in the pharma, consumer and manufacturing sectors in the country have been around 7 per ...

NATURAL CALAMITIES: Banks planning to re-phase loans given to SHGs in flood-hit AP dists
Awaiting damage estimate of crops, agri property from Govt. Hyderabad, Oct. 12 Banks are planning to re-phase loans extended to the self-help groups (SHGs) in the flood-affected districts of ...

POWER: Indiabulls Power IPO subscribed 6 times on first day
Retail portion gets 37% response. Mumbai, Oct. 12 The initial public offering of Indiabulls Power, a subsidiary of Indiabulls Real Estate, was subscribed close to six times on the first day of its offering. The 39.07-crore issue, which opened ...

EVENTS: Meet on accounting standards
IILM College of Management Studies, Greater Noida, held a panel discussion on International Financial Reporting Standards and its implications on October 10. The discussion was started with a students’ presentation with an overview on ...

EVENTS: Meet on industrial development
The Department of Management Studies of Srinivas Institute of Engineering, Mangalore, will host a national seminar on ‘Changing frontiers of industrial development in India’ on October 14. A press release said here that the objective ...

ENVIRONMENT: British Council cartoon contest
British Council in partnership with Ken Sprague Fund UK has announced a cartoon contest on the climate change, according to a British Council press release. The contest is organised as part of the British Council’s Low Carbon Futures ...

EMPLOYMENT: Chamling warns private sector against breach of job pacts
Gangtok, Oct. 12 The private sector, including pharma and hydro power developers, today came under attack by the Chief Minister, Mr Pawan Chamling, who accused them of violating the agreements signed with the State Government on local ...

ECONOMY: Why some countries grew rich, while others…
Alan Beattie has divided his book False economy: A Surprising Economic History of the World into 10 chapters, giving a vivid description of the stories of successes and failures of several countries in their historical ...

NATURAL CALAMITIES: Managing disasters
The flood waters of the Krishna river and its tributaries have wreaked havoc in Andhra Pradesh and Karnataka. Even as the focus is understandably on relief and resettlement operations, the question that must be addressed by the Centre and ...

SSI: Bank of India to intensify SME focus
Mangalore, Oct. 12 Bank of India is planning to operate 100 branches dedicated to the SME (small and medium enterprises) ...

EXPORTS & IMPORTS: FIEO team to take part in China fair
Coimbatore, Oct. 12 A Federation of Indian Export Organisations (FIEO) delegation is heading to Guangzhou to participate in China Import and Export Fair – ‘CANTON Fair’ scheduled between October 15 ...

TAXATION: Facility for e-payment of VAT launched
Chennai, Oct. 12 The Tamil Nadu Commercial Taxes Department is introducing e-payment facility for VAT payments online, according to an official press ...

EVENTS: HR meet at Lal Bahadur Shastri Institute of Management
To provide a forum for experts from corporates, academia and the government to share their opinions and insight on the strategic role of HR in the global business environment, the Lal Bahadur Shastri Institute of Management (LBSIM) organised ...

ENVIRONMENT: Green drive
The Director-General of The Energy Resources Institute (TERI), Mr R.K. Pachauri, exchanging documents with the Delhi Government's Environment Secretary, Mr Dharmendra Kumar (left), after signing an MoU for enabling energy efficiency retrofit ...

EVENTS: SBT quiz for college students
State Bank of Travancore (SBT) will observe a Vigilance Awareness Week from November 3 to 7. In connection with this, the bank is organising a quiz programme for college students from Thiruvananthapuram on November 4 at the bank’s ...

GEMS & JEWELLERY: Minimum wages for jewellery makers
The Kerala Government has notified the minimum wages payable to workers engaged in the making of gold and silver jewellery. Daily wage earners would be eligible for a dearness allowance of 82 paise for every point of rise in the consumer price ...