The Hindu Business Line : Thursday, October 15, 2009

INDUSTRY & ECONOMY

ECONOMY: Crude oil rise no cause for panic, yet
Refiners say there is no reason to increase fuel prices at this point. Mumbai, Oct. 14 Even while crude touched $75 a barrel on Wednesday, oil sector executives in India reiterated there is no cause for alarm on the fuel ...

ECONOMY: Sensex at 17-month high
Strong corporate earnings, encouraging Index of Industrial Production numbers and bullish sentiment across the globe pushed the benchmark indices to a 17-month ...

FOREIGN TRADE: Coal India sees big US interest in $1.6 b tender for large earth-moving equipment
Kolkata, Oct. 14 Coal India Ltd is planning to float a global tender worth about $1.6 billion for procuring large earth-moving equipment and maintenance, repair and operation on a long-term ...

HOTELS: Minding their business!
With its focus on comfort minus the frills, this segment of hotels appeal to a cross-section of guests.. The arrival of the Novotel brand has brought the business hotel segment in the country into renewed ...

EXPORTS & IMPORTS: Edible oils import in Sept rises 39%
Proving to be counter-productive, limiting the growth of the sector. Chennai, Oct 14 A record 9.05 lakh tonnes (lt) of vegetable oils were imported in September taking the total shipments into the country to nearly 80 lt for the oil season that ...

EMPLOYMENT: Realty sector back to hiring mode as demand improves
New Delhi, Oct. 14 The demand pick-up in housing, improved cash position, and new project launches have put real-estate companies back into the ...

PETROLEUM: Refiners told to reassess position on BS III fuel
Oil companies unlikely to meet apex court’s April 1 deadline. Mumbai, Oct. 14 While it is a near certainty that supplies of Bharat Stage III petrol and diesel will be possible only from October 1 next year, the Centre has asked oil ...

EXPORTS & IMPORTS: Downtrend in cashew exports continues
Shipments from Vietnam on the rise. Kochi, Oct. 14 Cashew exports continued to drop despite a decline in the unit value in September and average unit value during April-September 2009. The exports of cashew kernels from India’s main ...

RURAL DEVELOPMENT: NGOs seek national authority for rural job scheme
Even as allegations of corruption and siphoning off of funds allotted under the National Rural Employment Guarantee Act (NREGA) remain rife, a national consortium of NGOs has sought a separate authority for the UPA government’s ...

EDUCATION: 15% engg seats vacant in Bengal this year
Survey points to shortfall of 1.3 lakh skilled personnel. Kolkata, Oct. 14 Close to 15 per cent of the engineering seats in 60-odd colleges in West Bengal lie vacant during the academic session 2009-2010 even after three rounds of counselling, ...

HEALTH: ‘Health management data in less than 6 months’
Rs 35-cr project aims to make Govt hospitals paperless. Chennai, Oct. 14 All the 270 secondary health centres in Tamil Nadu will be networked under the Health Management Information System (HMIS) in less than six months, the Secretary to Tamil ...

NATURAL CALAMITIES: Rosaiah asks industry to lend a hand in relief work
The Andhra Pradesh Chief Minister, Mr K. Rosaiah, today appealed to corporate houses and senior executives of the information technology sector to contribute their mite in reconstruction of the flood-ravaged parts of the ...

NON-CONVENTIONAL ENERGY: Renewable energy MoU with Scotland
India and Scotland has signed a memorandum of understanding (MoU) to drive innovation in renewable energy and support both Governments’ goals to increase supplies of wind energy, solar power and biofuels. The agreement was signed on ...

EVENTS: ‘Address power, infrastructure issues’
The backwardness of Indian industry is due to power crisis, poor infrastructure and non-cooperation of the local people, according to Dr N.K. Thingalaya, economist. Delivering the keynote address at the national seminar on ‘Changing ...

NEWSPAPERS & PUBLISHING: Press Act to be amended soon
The Government will soon amend the Press and Registration of Books Act on a larger scale. This was stated by the Minister of Information and Broadcasting, Ms Ambika Soni, on Tuesday, at the All India Editors’ Conference in Srinagar. She ...

TOURISM: CII offers to help AP promote tourism in Vizag
Visakhapatnam, Oct. 14 The Confederation of Indian Industry (CII) has offered to appoint a consultant for preparing a plan for the all-round development of Visakhapatnam, with emphasis on tourism, and submit it to the Government of Andhra ...

EDUCATION: NITC annual event next week
Kozhikode, Oct.14 The annual techno-management festival of National Institute of Technology Calicut (NITC) will be held from ...

EXPORTS & IMPORTS: Coir exports grow 10-12%
Kochi, Oct. 14 Exports of coir and coir products from the country registered a growth of 12.5 per cent in quantity and 10.51 per cent in value from April to September, indicating revival of the global ...

RURAL DEVELOPMENT: Glodyne Technoserve sets up call centre for rural job scheme in Bihar
A unit of the Mumbai-based Glodyne Technoserve has established a 20-seat call centre in Patna for disseminating information related to the National Rural Employment Guarantee Scheme (NREGS) programme ...

TOURISM: Early bird
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ENVIRONMENT: Parle launches green drive
Kochi, Oct. 14 To increase environmental responsibility among kids, Parle Products has launched “Parle My Green Planet” campaign in Kerala aimed at reaching 5,000 schools across 70 cities in the ...

FOREIGN TRADE: India invites more US investments
India has urged the US to deepen the bilateral economic engagement and accord a special thrust to investments on mutually agreed priority areas, specially infrastructure, energy, science and technology, space research and high ...

FOREIGN TRADE: Deora says SCO has vital global role to play
New Delhi, Oct. 14 The Minister for Petroleum and Natural Gas, Mr Murli Deora, has said that the Shanghai Cooperation Organisation (SCO) can play an important role in strengthening the linkages in the areas of trade, business exchanges ...

EVENTS: Delhi to host Yale CEO Leadership Summit
New Delhi, Oct. 14 The Yale CEO Leadership Summit will hold its first global programme in Delhi from November 5 to ...

EDUCATION: PTC to set up centre of excellence
PTC, a product development company, on Wednesday signed a memorandum of understanding with the Maharaja Vijayarama Gajapati Raju (MVGR) College of Engineering at Vizianagaram to set up a centre of excellence to train engineering students ...

EVENTS: `Address power, infrastructure issues'
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SOCIAL WELFARE: Kanya Suraksha Yojana scheme
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