The Hindu Business Line : Saturday, March 18, 2006

Andaman outlay at Rs 1,120 cr
The Union Territory administration was asked to introduce quarterly review of development programmes to ensure timely removal of obstacles. Rs 235 cr to be provided as rehabilitation package More

Appropriation Bill passed
The Lok Sabha has voted the Demands for Grants of various Ministries totalling Rs 17,28,696.55 crore for 2006-07. The House also passed by voice vote the relevant Appropriation Bill for 2006-07 moved by the Union Finance ... More

Inflation down on cheaper food prices
Wholesale price index at 196.8 points More

FOREIGN TRADE

Indo-Asean FTA to go live from Jan 2007
Some leeway on value addition norms, change in tariff heading More

HEALTH

Bird flu under control, says Sharad Pawar
Culling operations are being carried out according to the existing international norms at the affected villages of Jalgaon district. More

INFRASTRUCTURE

Viability gap funding scheme
The Finance Ministry has expressed confidence that the number of proposals for viability gap funding (VGF) would increase in the coming months with more widespread awareness about the scheme. The VGF scheme provides financial support in the ... More

PETROLEUM

PMT partners see higher revenues
Gas to be sold directly at a market-determined price More

IOC joins hands with Russia's STG
Indian Oil Corporation (IOC) and Stroytransgaz (STG), a major Russian construction company in the oil and gas sector, signed a memorandum of understanding (MoU) here on Thursday to pursue economically attractive pipeline projects in India and ... More

Furnace oil futures yet to take off
Spot market platform need of the hour More

BPCL, Kochi Refineries plan joint venture
For distribution of gas in Bangalore More

PHARMACEUTICALS

AIDS drugs cheaper as cos pass on benefits
Cipla slashes prices; Emcure gets onto Bush's relief plan More

POWER

NTPC plans to bid for gas blocks under NELP-VI
To foray into various elements of LNG value chain More

India, Russia to co-operate in nuclear energy
Russia thanked for uranium supplies to Tarapur plant More

RPG to invest in thermal project
Preparing to bid for Sasan project in M.P. More

Gas Task Force signs agreement with Tanir Bhavi
Final tariff may be decided after linkages are charted More

Lanco's unit achieves financial closure
Lanco Green Power Pvt Ltd (LGPPL) has achieved financial closure for its 70 MW Budhil hydroelectric project in Himachal Pradesh with the signing up of loan documents with ICICI Bank, the term lender for the project. Part of the ... More

TEXTILES

NTC `aggressively pushing' modernisation of mills
`The company would be a single entity in the place of ten-and-odd outfits effective April 1 to reflect its preparedness to face competition.' More

TRAVEL & PLACES

UK Govt to introduce `points system' for visa seekers
Steps to control migration More

EDUCATION

JNTU faculty programme
The School of Management Studies, Jawaharlal Nehru Technological University (JNTU), here is organising a three-day faculty development programme on interactive learning methodologies during March 21-23. The programme, sponsored ... More

IIM-A protests service tax notice
`IIMs collect placement fees only to keep education cost low' More

GEMS & JEWELLERY

Chennai Customs to auction diamonds on Internet
There are 87 lots for sale, including a couple of six-carat diamonds worth Rs 6-7 lakh. More

INDUSTRY ASSOCIATIONS

TN chamber's charter of demands to political parties
Plea for raising ST exemption limit More

RURAL DEVELOPMENT

AP plans strict action against errant MFIs
Constitutes small working group to study the issue More

HUMAN RESOURCES

Pull of sunrise industries keeps senior management on the move
`Earlier, it was the telecom sector that was attracting people; today, it is infrastructure, retail, pharma, healthcare and entertainment.' More

HR meet to focus on challenges
Manthana-2006 — a two-day seminar on human resource (HR) challenges — began here on Friday. Organised by the social work division of Srinivas Institute of Management Studies here, the seminar aims at educating the ... More

TRADE & LABOUR UNIONS

Kochi port stir continues; operations normal
Traffic was smooth and cargo handling was normal in the Cochin Port Trust even as the strike resorted to by a limited section of port workers entered the second day on Friday. Senior port officials said here that port operations were ... More

Bank unions to protest outsourcing
The All-India Banks Employees Association (AIBEA) and All-India Bank officers association (AIBOC) have planned a massive campaign including strike actions to protest the outsourcing of normal banking services by banks. In a circular to its ... More

EVENTS

`Finding value is the real innovation'
The Minister for Science and Technology, Mr Kapil Sibal, has said the corporates which move fast gain the first mover advantage and tend to lock up value for their own profits. This, he suggested, often becomes a hindrance to growth. It was, ... More

Global meet on innovation
The Global Leadership Team in concert with United Nations Development Programme, the United Nations Economic & Social Commission for Western Asia and the United Nations Economic Commission for Latin America and the Caribbean, is More