The Hindu Business Line : Monday, November 07, 2005

Turbulence shifts to south TN; but drenches Chennai
THE moisture-soaked zone of monsoon turbulence over the peninsula may have shifted south from the Chennai latitude but that has not prevented the `low' in the southwest Bay from driving its drencher bands hard into the Tamil Nadu Capital and even ... More

ECONOMY

India Inc profit growth stays buoyant in Q2 — Margins decline, tax incidence rises
PROFIT growth of non-oil, non-banking listed Indian firms has stayed robust in the quarter ended September 2005. Aggregate profits of 2,150 non-oil, non-banking firms have risen 26 per cent over the corresponding quarter of the previous year. ... More

HEALTH

Telemedicine programme to be extended to all districts in Karnataka
THE Karnataka Government would be setting up a trust to implement the telemedicine programme to quicken the process of expanding its reach throughout the State. It would be a public-private venture involving several organisations, including ... More

Kalam calls for measures to reduce hearing disability
THE President, Mr A.P.J. Abdul Kalam, has said that making the country free of hearing and speech defects should become our national mission. Inaugurating the third Cochlear Implant Group of India Conference, he said the ear problem of ... More

DEC tablets distribution in Kerala districts
THIRUVANANTHAPURAM: The anti-filarial diethyl carbamazine citrate (DEC) tablets will be distributed in the district from Thursday as part of the State Health Department's mass drug administration (MDA) programme. The tablets would be ... More

Inquiry on food poisoning at Kerala hotel
THIRUVANANTHAPURAM: An internal inquiry conducted by the Kerala Tourism Development Corporation (KTDC) into a recent incident of food poisoning at a function held at its flagship five-star property revealed that there is strong evidence to ... More

Govt plans sting operations against female foeticide
THE Government has proposed setting up surveillance cells and conducting sting operations all over the country, in a bid to check female foeticide, according to an official statement. The amended Pre-Natal Diagnostic Techniques (PNDT) Act now ... More

PSU

Bhaskarudu made HMT Advisor
HYDERABAD: The former chairman of public enterprises selection board and ex-managing director of Maruti Udyog Ltd, Mr R.S.S.L.N. Bhaskarudu, has been appointed as advisor to HMT Ltd, a statement from HMT said. ... More

PETROLEUM

Oil & Gas Show in Dubai
THE participants at the 12th edition of the Arab Oil and Gas Show, OGS 2005, which opens in Dubai on Monday will be eyeing the $2 billion worth of onshore and offshore oil and gas industry projects in the UAE. In addition, more than 5,000 ... More

Hydrocarbon authority to get more powers
THE Petroleum Ministry is set to strengthen the Directorate General of Hydrocarbons (DGH) by giving it more autonomy and enhancing its manpower. A Cabinet note is being finalised for this purpose, a senior official told Business Line. ... More

POWER

KSEB officials oppose move for outsourcing
THE Officers' Association of the Kerala State Electricity Board (KSEB) has warned authorities against proceeding with the plans for outsourcing some of the public utility's works. A spokesman of the association said here that any move in this ... More

AP Govt reiterates commitment on free power supply to farmers
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, on Sunday sought the cooperation of Opposition parties in the endeavour to promote water conservation measures while reiterating his commitment to provide free power to farmers. By opposing the ... More

NTPC completing 30 years
HYDERABAD: NTPC, which contributes about 27 per cent of the country's total power generation, will complete 30 years on Monday, a NTPC statement said. Since 1975, NTPC has achieved an installed capacity of 24,249 MW through 13 ... More

TAXATION

Services provided by goods transporters — Southern chambers want tax on consigners, consignees to go
THE first meeting of the trade bodies and chambers of commerce and industry from the southern States has adopted a resolution that the present non-compliance agitation against the levy of service tax on consigners and consignees for the taxable ... More

SSI

The meat's in the middle
Neelam Dhawan on Microsoft's new offering for small and medium businesses, and other company plans, in a chat with eWorld. More

EDUCATION

Sticklish Issues
More

`Engineers don't need MBA tag always'
"DECIDE what you want to be 10 years from now," was the cryptic advice from Mr Rajendra Kumar, Managing Director of Auro Ace Management Pvt. Ltd, Chennai to the students of Arunai Engineering College, Tiruvannamalai, at a function held under the ... More

REAL ESTATE & CONSTRUCTION

Home, sweet home
"MOM, you are going to enjoy living in this old age community," Shekar said. His mother listened listlessly as she was being driven to her new home. Shekar's friend, Ram decided to break the tension. ... More

INDUSTRY ASSOCIATIONS

To unite to deal with traders' problems
THE Federation of Karnataka Chambers of Commerce and Industry (FKCCI) — in association with other chambers of commerce and industry in Tamil Nadu, Kerala, Andhra Pradesh and Goa — will form a Confederation of Southern Regional ... More

SCIENCE & TECHNOLOGY

INSAT-4A fully booked — ISRO sees good demand for DTH services
INSAT-4A, ISRO's upcoming power-packed satellite that will catapult it into the direct-to-home broadcast league, is fully booked and may turn out to be a neat cash cow for the national operator, according to official sources in the ... More

NFC meet on quality control in Hyderabad
HYDERABAD: Nuclear Fuel Complex (NFC), Hyderabad is organising an international conference on "Characterisation and Quality Control of Nuclear Fuels" (CQCNF-2005) at Ramoji Film City, about 45 km from here during November 9-11. The ... More

SOCIAL WELFARE

Sania endorses SACH bands
HYDERABAD: Save a Child's Heart (SACH) Foundation has released the bands endorsed by tennis star Ms Sania Mirza in the market. The proceeds of the sales would be utilised to perform surgeries on children suffering from heart ailments. A ... More

RURAL DEVELOPMENT

World Bank to expand support to SHGs
THE World Bank and the Andhra Pradesh Government on Sunday agreed to expand the scope of the rural empowerment programme for women's self-help groups (SHGs) and allow further lending for greater development. This was a follow-up to a series of ... More

NIRD seminar in Hyderabad
HYDERABAD: National Institute of Rural Development (NIRD) will be celebrating its Foundation Day on November 8-11 and is hosting a seminar on Rural Development and Social Change on November 9-10, according to a NIRD statement. According ... More

Funds released for SGRY
HYDERABAD: The Department of Rural Development (Government of India) has released Rs 45.02 crore to 22 districts of Andhra Pradesh for the implementation of Sampoorna Grameen Rozgar Yojana. (SGRY). This release completed the first ... More

HUMAN RESOURCES

An El Dorado for workers?
As Kerala turns into an El Dorado for migrant workers from other States - a deliciously ironic reversal of the traditional outbound experience for aspiring young Keralite jobseekers - it becomes all the more imperative to ensure the highest and most humane standards for labour. More

EVENTS

Bangalore to host Quality Summit
THE 13th Quality Summit, organised by the Confederation of Indian Industry Quality Institute, is scheduled to begin here on November 10. With the focus of the global corporations turning on China and India as the low-cost hubs for outsourcing, ... More

Mekong forum meet on Nov. 9, 10
THE Confederation of Indian Industry and Asian Development Bank are jointly organising the Mekong Development Forum on 9-10 November in New Delhi. The Greater Mekong Sub-region is a market of approximately 237 million people. India's current ... More

Agenda for the week

EXPORTS & IMPORTS

Raise credit limit for exporters to 15 pc: Assocham
THE Associated Chambers of Commerce and Industry of India (Assocham) has asked the RBI to hike the bank credit limit to exporters from 12 per cent to 15 per cent of the total bank credit. The chamber has also asked the apex bank to accord ... More

Tea exports likely to be hit as EU sets new residual limits
THE country's falling tea exports are likely to be hit further as the European Union is scheduled to implement a new set of MRL (minimum residual limit) norms from January 1, 2006. According to Mr T.C. Chaudhuri, Director (Research), Tea Board, ... More

ECONOMIC OFFENCES

Unfairly placed
Cyber criminals are now exploiting technology to work in synergy. This places law-enforcement authorities at a terrible disadvantage. It's time to adopt unconventional tactics to fight fraudsters. More

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