http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Wed, 25 Nov 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Economic Offences http://www.thehindubusinessline.com/2009/11/25/stories/2009112551750100.htm New Delhi, Nov. 24 The Acting Chairman of Company Law Board (New Delhi), Mr R. Vasudevan, was arrested on Tuesday by the Central Bureau of Investigation (CBI) for allegedly taking a bribe of Rs 7 lakh from a Company Secretary at his official Wed, 25 Nov 2009 Cinema http://www.thehindubusinessline.com/2009/11/25/stories/2009112551770100.htm Mumbai, Nov. 24 What began as an ideal script in the third quarter of this fiscal seems to have gone completely awry for Wed, 25 Nov 2009 Courts/Legal Issues http://www.thehindubusinessline.com/2009/11/25/stories/2009112551901500.htm New Delhi, Nov. 24 On a day when Mr Anil Ambani made a surprise appearance in the Supreme Court in the Ambani brothers’ gas row, his company Reliance Natural Resources Ltd (RNRL) said it was unable to raise the Rs 25,000 crore (around $5 Wed, 25 Nov 2009 Foreign Direct Investment http://www.thehindubusinessline.com/2009/11/25/stories/2009112550140800.htm In the last few days, the possibility of India and the United States (US) signing a Bilateral Investment Treaty (BIT) has gained some ground. BITs, often perceived as admission tickets to foreign investments, are international agreements signed Wed, 25 Nov 2009 Breweries http://www.thehindubusinessline.com/2009/11/25/stories/2009112551461700.htm Hyderabad, Nov. 24 The Andhra Pradesh Government has permitted five distilleries in the State to enhance their production capacity ranging from 13 lakh proof litres to 42 lakh proof litres to one of the five producers, while deciding to take up Wed, 25 Nov 2009 Foreign Direct Investment http://www.thehindubusinessline.com/2009/11/25/stories/2009112551941500.htm New Delhi, Nov. 24 PepsiCo India Holding’s proposal for additional equity investment of $200 million in its Indian operations may get the green signal. Wed, 25 Nov 2009 Automobiles http://www.thehindubusinessline.com/2009/11/25/stories/2009112550741600.htm Kottayam, Nov. 24 The progress achieved by the global automobile industry during the second lap of the current year gave a fresh impetus to the demand for rubber and it continues to scale further highs. Wed, 25 Nov 2009 Events http://www.thehindubusinessline.com/2009/11/25/stories/2009112551281700.htm Bangalore, Nov. 24 The fifth edition of Excon 2009, the largest construction equipment exhibition in South Asia is expected to have over 30,000 visitors. The exhibition to be held between November 25 and 29, 2009 at Bangalore International Wed, 25 Nov 2009 Infrastructure http://www.thehindubusinessline.com/2009/11/25/stories/2009112551131700.htm Mumbai, Nov. 24 Mumbai-based real estate developer Ackruti City plans to set up an Rs 300-crore textile park on 60 acres in suburban Biwandi near here. Wed, 25 Nov 2009 Economy http://www.thehindubusinessline.com/2009/11/25/stories/2009112550860600.htm Mumbai, Nov. 24 Exit from expansionary monetary policy has to be done strategically and carefully to ensure that there is no negative impact on the economy, according to Dr Subir Gokarn who took charge as an RBI Deputy Governor here on Wed, 25 Nov 2009 Hotels http://www.thehindubusinessline.com/2009/11/25/stories/2009112551161700.htm Thiruvananthapuram, Nov. 24 Hotels in the State have been able to maintain the April to September occupancy levels on a par with year-ago levels but at the expense of average room rate (ARR). Wed, 25 Nov 2009 Foreign Trade http://www.thehindubusinessline.com/2009/11/25/stories/2009112551881500.htm New Delhi, Nov.24 The first meeting of the India-Azerbaijan Inter-Governmental Commission on Trade, Economic, Scientific and Technological Cooperation is scheduled to be held here on Wed, 25 Nov 2009 Events http://www.thehindubusinessline.com/2009/11/25/stories/2009112551291700.htm BEML Ltd, a Mini Ratna under the Ministry of Defence, is a multi-technology and multi-location company offering high-quality products for diverse sectors such as coal, mining, steel, limestone, power,irrigation, construction, road building and Wed, 25 Nov 2009 Events http://www.thehindubusinessline.com/2009/11/25/stories/2009112551301700.htm Bangalore, Nov. 24Rapid economic growth in India is creating exponential development in several industries. The infrastructure sector is growing strongly, leading to the expansion of construction-related industries. Between2004 and 2006, the Wed, 25 Nov 2009 Human Resources http://www.thehindubusinessline.com/2009/11/25/stories/2009112551241700.htm Chennai, Nov. 24 The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) plans to set up facility in public-private partnership to train workers for the manufacturing sector, according to Wed, 25 Nov 2009 Non-conventional Energy http://www.thehindubusinessline.com/2009/11/25/stories/2009112551710200.htm Hyderabad, Nov. 25 XL Telecom and Energy Ltd has said that it is exploring opportunities in the US and Wed, 25 Nov 2009 Foreign Trade http://www.thehindubusinessline.com/2009/11/25/stories/2009112551961500.htm New Delhi, Nov. 24 The seventh official Polish mission to India, organised by the Polish Information and Foreign Investment Agency, will focus on the Indian ITeS, automotive and pharmaceutical industries. Wed, 25 Nov 2009 Overseas Borrowings http://www.thehindubusinessline.com/2009/11/25/stories/2009112550890600.htm Mumbai, Nov. 24 Indian companies raised a total of $2.58 billion through overseas borrowing in October, according to the latest figures released by the Reserve Bank of Wed, 25 Nov 2009 Education http://www.thehindubusinessline.com/2009/11/25/stories/2009112551951500.htm The Federation of Indian Chambers of Commerce and Industry announced on Monday that it has signed 3 MoUs in Washington with educational institutions in the US. Wed, 25 Nov 2009 Real Estate & Construction http://www.thehindubusinessline.com/2009/11/25/stories/2009112551591700.htm Hyderabad, Nov.24 With the cost of realty ruling high notwithstanding recession, Janapriya has come out with a boutique flat concept. With just 535 sq.ft, the ‘Magic Home’ would offer beds doubling as sofas and writing tables. Wed, 25 Nov 2009 Terrorism http://www.thehindubusinessline.com/2009/11/25/stories/2009112551101700.htm Mumbai, Nov. 24 Fifty-nine-year-old Mr Jasbir Singh has seen wars in the 37 years he has been with the Navy. And yet, “the most horrifying moment” in this ex-serviceman’s life came while dealing with civilians. Wed, 25 Nov 2009 Urban Development http://www.thehindubusinessline.com/2009/11/25/stories/2009112551251700.htm A delegation of high-level officials led by the Tamil Nadu Deputy Chief Minister, Mr M.K. Stalin, visited the Singapore Urban Redevelopment Authority and the Financial District to study their working to replicate similar models here, according to an Wed, 25 Nov 2009 Trade & Labour Unions http://www.thehindubusinessline.com/2009/11/25/stories/2009112551491700.htm Left trade unions including CITU, AITUC, UTUC and others will stage a protest rally in front of Coal India Ltd headquarters in the city on November 26 in protest against the recent hike in coal prices. In a press release issued here, the CITU State Wed, 25 Nov 2009