The Hindu Business Line : Wednesday, November 04, 2009

INDUSTRY & ECONOMY

EVENTS: No plans to curb capital inflows for now: Pranab
India has no immediate plans to place curbs on capital inflows, the Finance Minister, Mr Pranab Mukherjee, ...

EVENTS: No immediate plan to exit fiscal stimulus: Pranab
India may take over one year to return to 9% GDP growth levels. New Delhi, Nov. 3 The Finance Minister, Mr Pranab Mukherjee, today made it clear that the Government was not right now planning to exit from the fiscal stimulus packages rolled out ...

EVENTS: Auto Expo is 2 months away, but fully booked
Rush highlights India’s importance to multinationals. Mumbai, Nov. 3 If anyone needed proof that the Indian automotive industry is on a roll, they would only need to check out the availability of space at Pragati Maidan in New Delhi, the ...

ECONOMY: Green in patches
With the growth in the country’s industrial output index more than doubling to 10 per cent since January, stakeholders are showing off a new spring in their step. The Reserve Bank of India’s recent policy review mentions an upswing ...

GLASS: Excess supply mirrors glass industry’s woes
Fresh capacity likely to depress prices further. Chennai, Nov. 3 The glass industry in the country is facing a problem of a slump in demand, excess supply and a fall in ...

TEXTILES: SIMA seeks immediate ban on cotton exports
Sees lower yield this year due to drought and flood. Coimbatore, Nov. 3 With many cotton-growing States hit by either drought or floods, affecting cotton yield or quality of crop and the prices hardening instead of softening even after the start ...

NATURAL CALAMITIES: Central team in AP to assess drought situation
Hyderabad, Nov. 3 The Andhra Pradesh Chief Minister, Mr K. Rosaiah, has requested the Inter-Ministerial Central Team on drought to take a humanitarian and liberal view of the suffering of the people affected by drought while ...

INDUSTRY ASSOCIATIONS: Chamber plans fast
The Sattur Chamber of Commerce and Industry has announced its intent to observe fast to support its demand that proposed new trains stop at Sattur. In a letter to the Union Railway Minister, Ms Mamata Banerjee, the Chamber Secretary, ...

EDUCATION: IIMM opens branch in Mangalore
The Indian Institute of Materials Management (IIMM) has opened a branch in Mangalore. A press release said here that this is the 45th branch of IIMM. Speaking at the inauguration of the branch, Mr K. Prabhakar Rao, Director (Works), ...

ECONOMY: Weak monsoon shrivels kharif crop output
Sugarcane, rice worst hit; enough cereal stocks for buffer. The worst recorded South-West monsoon since 1972 has taken a heavy toll this year’s kharif crop, with rice and sugarcane being the most ...

READYMADE GARMENTS: Apparel exports down 7.3% in first half
Falling sales in global markets; plea to hike duty drawback. New Delhi, Nov. 3 Garment exports from the country declined 7.3 per cent to $4.8 billion during the first half of the current fiscal (April to September) on the back of falling retail ...

PETROLEUM: All oil, gas installations told to carry out safety self-audit
To adhere to Oil Industry Safety Directorate standards. New Delhi, Nov. 3 The Government has ordered all oil and gas installations in the country to carry out a self audit conforming to their statutory norms as well as adhere to prescribed Oil ...

POWER: Adani Power to expand capacity at Tiroda to 3,300 MW
Ahmedabad, Nov. 3 Adani Power Ltd (APL) announced that it would expand capacity at the under-construction thermal power project in Tiroda, Maharashtra, to ...

EXPORTS & IMPORTS: Export dip abates in Sept, but import decline intensifies
New Delhi, Nov. 3 Even as the the country’s export decline decelerated in September to 13.8 per cent in dollar terms, the decline in import growth has been increasing with the numbers for the month dropping a hefty 31.3 ...

REAL ESTATE & CONSTRUCTION: Realty pick-up to build demand for steel
Cheap imports still a concern. New Delhi, Nov. 3 Good news is just around the corner for domestic steel producers as demand is set to pick up. With construction in the real-estate sector and Government infrastructure projects set to pick up in ...

ENVIRONMENT: Clean development mechanism in forestry sector catching on
2 projects registered, 7 more in the pipeline. Kozhikode, Nov. 3 At a time when concerns over climate change are at a feverish pitch and efforts to rein in its causative factors have topped global agenda, the concept of clean development ...

POLLUTION: Pollution belts
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CEMENT: Cement sales revive in October
Mumbai, Nov. 3 After a lull in the last three months, cement sales seem to have picked up in October as real estate demand ...

MEDICAL INSTITUTIONS & HOSPITALS: IFC to help AP upgrade diagnostic services
Hyderabad, Nov. 3 International Finance Corporation (IFC) will help the Andhra Pradesh Government to upgrade diagnostic services in three public sector hospitals with the help of the ...

INDUSTRY ASSOCIATIONS: Chamber seeks limit on online sale of train tickets
Madurai, Nov. 3 The Sattur Chamber of Commerce and Industries has made a plea for reservation of only 50 per cent of tickets through online in trains and book the remaining through the counters in ...

EDUCATION: GIMT's first inter-college fest
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EDUCATION: Biz school management meet
Jai Bharath School of Management Studies will organise ‘Manoeuvre 09’, a management meet at the Jai Bharath College campus in Perumbavoor on Thursday and Friday. About 250 students from 20 colleges are expected to participate in ...

INDUSTRY ASSOCIATIONS: Tarun Das retires from CII
The Confederation of Indian Industry announced on Tuesday the retirement of Mr Tarun Das as the Chief Mentor of the industry chamber. He had served in the position since 2004 and was the Director-General of CII from 1974-2004. Mr Das, who turned ...