http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Thu, 12 Nov 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Economy http://www.thehindubusinessline.com/2009/11/12/stories/2009111252290100.htm New Delhi, Nov. 11 Signalling a pick-up in the economy on the back of a good festival demand, the Centre’s excise duty collections inched up in October to Rs 8,952 crore. This represented a 4 per cent increase over the Rs 8,591 crore Thu, 12 Nov 2009 Economy http://www.thehindubusinessline.com/2009/11/12/stories/2009111252131500.htm New Delhi, Nov. 11 The country’s merchandise exports shrank to $12.5 billion – down by 11.4 per cent, for the thirteenth month in a row in October due to sagging overseas demand on the back of the economic slowdown in the developed Thu, 12 Nov 2009 Automobiles http://www.thehindubusinessline.com/2009/11/12/stories/2009111251920200.htm New Delhi, Nov. 11 Total vehicle sales in October rose 15 per cent over the same period last year as the market continued an upward trend for the ninth month in a row after the low base of the previous Thu, 12 Nov 2009 Economy http://www.thehindubusinessline.com/2009/11/12/stories/2009111250680900.htm The forces of globalisation have contributed to sharpening economic inequalities. The drive to compete is driving down workers’ wages to a level where they can no longer purchase the goods produced by them. While sweatshops have been on the Thu, 12 Nov 2009 Entrepreneurship http://www.thehindubusinessline.com/2009/11/12/stories/2009111250311700.htm Chennai, Nov. 11 It is necessary for young entrepreneurs to move from the informal sector to the formal sector to start ventures, as it is shown statistically that the latter grows eight times faster, said Mr Lars H. Thunell, Executive Thu, 12 Nov 2009 Climate & Weather http://www.thehindubusinessline.com/2009/11/12/stories/2009111251271700.htm Mumbai, Nov. 11 Cyclone Phyan may have bypassed Mumbai, but it had the city on edge all day. With the cloud-burst and flooding of the city about four years ago, still a recent memory, the Maharashtra Government took no chances on the latest Thu, 12 Nov 2009 Gems & Jewellery http://www.thehindubusinessline.com/2009/11/12/stories/2009111251781700.htm Jewellery manufacturers are looking at bringing down the caratage of gold in studded jewellery from 18 carat at present to about 14 carat in order to bring down the prices and pass on the benefit to the customers, according to Mr Bachcharaj Thu, 12 Nov 2009 Pharmaceuticals http://www.thehindubusinessline.com/2009/11/12/stories/2009111252151500.htm New Delhi, Nov. 11 India complained to the World Intellectual Property Organisation (WIPO) on Wednesday that some multinational firms have launched a campaign against the country’s pharmaceutical industry. Thu, 12 Nov 2009 Courts/Legal Issues http://www.thehindubusinessline.com/2009/11/12/stories/2009111250700900.htm India Inc today faces unprecedented changes in the legal environment. In principle, enacting a fresh Act to replace an outdated legislation is good. However, the big challenge is the smooth transition from the current Act to a new legislation. Thu, 12 Nov 2009 Water http://www.thehindubusinessline.com/2009/11/12/stories/2009111251311700.htm Mangalore, Nov. 11 The Karnataka Urban Infrastructure Development and Finance Corporation (KUIDFC) - which has implemented 24x7 water supply system in select wards of Hubli-Dharwad, Gulbarga and Belgaum city corporations – plans to extend Thu, 12 Nov 2009 Gems & Jewellery http://www.thehindubusinessline.com/2009/11/12/stories/2009111251291700.htm The second edition of Kerala Gem and Jewellery Show (KGJS) will be held from November 21 to 23 at Hotel Le Meridien. KGJS 2009 is presented by Department of Industries and Commerce. The show, apart from promoting the jewellery industry and trade, Thu, 12 Nov 2009 Human Resources http://www.thehindubusinessline.com/2009/11/12/stories/2009111251791700.htm The Kerala State Institute of Design (KSID) will support the all-round development of the craft sector by providing new designs and novel methods of production, according to Mr P.K. Gurudasan, Minister for Labour. Thu, 12 Nov 2009 Cars http://www.thehindubusinessline.com/2009/11/12/stories/2009111251880200.htm From the global car industry’s point of view, 2010 will be the year of stability and not recovery, believes Mr Carlos Ghosn, Chairman and Chief Executive Officer of Thu, 12 Nov 2009 Real Estate & Construction http://www.thehindubusinessline.com/2009/11/12/stories/2009111250351700.htm Chennai, Nov. 11 Intending bidders in auctions held by banks for sale of properties should satisfy themselves as to the title, encumbrances, etc. of such properties, the Madras High Court held. It could not interfere with such auctions and Thu, 12 Nov 2009 Petroleum http://www.thehindubusinessline.com/2009/11/12/stories/2009111251060300.htm Kolkata, Nov. 11 Having received the formal approval for its KG basin gas field development plan from the Ministry of Petroleum and Natural Gas on November 8, the Gujarat State Petroleum Corporation may soon go ahead for fresh issue of five per Thu, 12 Nov 2009 Economy http://www.thehindubusinessline.com/2009/11/12/stories/2009111252171500.htm New Delhi, Nov. 11 The import of sensitive items during April-August has shown a hefty hike of 30 per cent when compared with the corresponding months of the previous Thu, 12 Nov 2009 HCV/LCV/Tractors http://www.thehindubusinessline.com/2009/11/12/stories/2009111250990300.htm Bangalore, Nov. 11 That the economy is inching towards positive growth and stability is reflected not only in the continuous upswing in truck rentals in October, but also in the rise in truck sales. Thu, 12 Nov 2009 Non-conventional Energy http://www.thehindubusinessline.com/2009/11/12/stories/2009111251601700.htm Hyderabad, Nov. 11 SEMI, the global industry body for semiconductor and photovoltaic industry, and its Indian chapter are in the process of evolving common standards aimed at helping in reducing the cost of implementation of photovoltaic cells Thu, 12 Nov 2009 Steel http://www.thehindubusinessline.com/2009/11/12/stories/2009111251871700.htm Kochi, Nov. 11 Leaders of POSCO Pratirodh Sangram Samithi (PPSS), the people’s movement against South Korean Steel major POSCO, are currently on a national campaign tour in Kochi Bangalore, Bhopal, Mumbai, Madurai etc, to generate support Thu, 12 Nov 2009 Climate & Weather http://www.thehindubusinessline.com/2009/11/12/stories/2009111251070400.htm New Delhi, Nov. 11 NIIT Technologies Ltd on Wednesday announced its partnership with Hitachi Information Systems, a provider of IT infrastructure services in Japan, to offer services in cloud computing. Thu, 12 Nov 2009 Consulting http://www.thehindubusinessline.com/2009/11/12/stories/2009111250291700.htm Chennai, Nov. 11 “If you want to live a happy life, tie it to a goal. Not to people or things,” said Mr P. Raju Iyer, Chairman of the Inter-Institution Coordination Committee of the Southern India Regional Council of the Institute of Thu, 12 Nov 2009 Education http://www.thehindubusinessline.com/2009/11/12/stories/2009111251371700.htm Mysore, Nov. 11 It was an immersion into the world of brand building and advertisement as communication consultant and media columnist Mr Ramanujam Sridhar provided a practical perspective to a theoretical concept to the MBA students of the Thu, 12 Nov 2009 Courts/Legal Issues http://www.thehindubusinessline.com/2009/11/12/stories/2009111251801700.htm The stalemate in Calcutta High Court, continuing since November 3, is likely to come to an end soon. The cease-work by advocates, launched in protest against the Government’s failure to appoint sufficient number of judges, is likely to be Thu, 12 Nov 2009