Business Daily from THE HINDU group of publications
Friday, July 14, 2006
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BSE Sensex10858.50(-71.59)
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INDUSTRY & ECONOMY

ECONOMY
Enter the dragon?
The synergy between India and China, which will come in the next 10-20 years, will be mindboggling. More

Young Indians South meet in Coimbatore
The focus areas of Young Indians included economy, education, health care, youth affairs and environment Opportunity to discuss issues related to sustaining the country's growth More

HEALTH
Winning hearts, all the way
He believed surgery could be learnt by observation... and hard work. More

HCG gets Rs 50-cr IDFC funding
Cancer care player HealthCare Global Enterprises Ltd has got Rs 50 crore funding from IDFC Private Equity. The investment will finance part of its Rs 150-crore expansion plan over three years, including starting 13 satellite centres across the ... More

INFRASTRUCTURE
Gujarat Inc told to work towards improving social infrastructure
`Create region-specific committees for export promotion' More

`Kolkata urgently needs two-tier road system'
Rs 4,000-cr metro rail project proposed More

Kerala plans to float industrial infrastructure development co
Public-private enterprise to take up major projects More

PETROLEUM
`Petro price hike was inevitable'
Top priority for checking adulteration: Deora More

Petronet to source LNG from Australia
Import of 2.5 million tonnes per annum finalised More

KG Basin reserves: DGH asks Niko to respond in 15 days
Violation of production sharing contracts More

POWER
New SEZ for making, testing renewable energy tools
Special purpose vehicle formed to promote the venture More

Tap potential for power plants in Ramanathapuram
The potential stem from the availability of huge reserves of natural gas. District can be turned into a centre for iodised-salt production More

STEEL
Arcelor-Mittal project: Orissa forms joint working team
The Orissa Government has constituted a joint working group to facilitate setting up of the proposed 12-million-tonne capacity steel plant by L.N. Mittal-owned Arcelor-Mittal in the State. The working group will be headed by the State Chief ... More

TAXATION
AP CM backs Nasscom's plea
Extending tax breaks beyond 2009 More

CAs, Co Secys exempted from service tax for some services
Practising chartered accounts, cost accountants and company secretaries have been exempted from payment of service tax when they represent a client's case before any statutory authority. This exemption would be available from ... More

BREWERIES
AP beer market hotting up
The beer market in Andhra Pradesh, already a leader in the brewery sector is hotting up. Close on the heels of the Singapore-based Asia Pacific Breweries announcement of setting up a `greenfield' brewery, comes the promise of another possible ... More

TERRORISM
Blasts leave their impact on hotels
`But business will not be hit in the long run' More

On high alert
TAKING NO CHANCES: Railway police with a sniffer dog searching for explosives at a railway platform in Mumbai on Thursday after the series of bomb explosions rocked the city's suburban railway system on ... More

Western Rly to appoint security consultant
`Suggestions to be implemented in time-bound manner' More

EDUCATION
Extra baggage allowance to students
Due to sizeable number of students travelling to London from India, Jet Airways has revised free baggage allowance for them to 46 kg, up from existing 40 kg. Revised baggage allowance is applicable only up to London on outbound ... More

Nalsar Convocation
The Chancellor of Nalsar (National Academy of Legal Studies and Research) University of Law, and the Chief Justice of Andhra Pradesh, Mr Justice G. S. Singhvi, will be conferring the Degree of Doctor of Laws (LL.D) Honoris Causa ... More

Ministry sanctions Rs 25 crore to IIT-KGP
The Union Ministry of Human Resources Development has sanctioned the first tranche of Rs 25 crore for the setting up of a second campus of the Indian Institute of Technology, Kharagpur (IIT-KGP) at Rajarhat New Town, in Kolkata. Addressing ... More

`Be self-aware with career choices'
Are you the poster child of the 21st century ... like Vinodh Dham, Sabeer Bhatia, and K.B. Chandrasekhar, the poster boys of 20th century India? asked Mr R. Shekar, Executive Vice-President, Corporate Quality and Business Excellence, Polaris ... More

MEDICAL & SURGICAL EQUIPMENTS
Poly Medicure applies for 8 new patents
Poly Medicure Ltd, manufacturers of medical devices and disposables under the brand, POLYMED, on Wednesday announced its application for 8 new patents and two USFDA (Food and Drug Administration) approvals for its new range of safety syringes and ... More

MEDICAL INSTITUTIONS & HOSPITALS
Cryobanks to set up 7 cord blood stem cell units in India
Cryobanks International India Pvt Ltd, a joint venture between the R J Corp and Cryobanks International Inc, will invest about Rs 100 crore in setting up seven cord blood stem cell banks in India in the next 18 months. The company has started ... More

INDUSTRY ASSOCIATIONS
Shaken by blasts, chambers line up plans to meet crises
India is a safe destination, India Inc tells foreign investors More

GENDER
Commerce Ministry to start global trade programme for women
The Union Minister of State for Commerce, Mr Jairam Ramesh, today assured members of Self-Employed Women's Association (SEWA) that his Ministry would soon start a `Global Trade Program' for women to expand their global trading network. In an ... More

E-COMMERCE & E-BUSINESS
Tea trade seeks anonymity in e-auctions
As Tea Board asks NSE.IT to come up with new model More

EVENTS
Mumbai to host gold convention
A gold convention to focus on exchange traded funds, demand/supply and risk management will be held in Mumbai during August 18-19. The convention in its third year will look at investment demand, market integration, risk ... More

ENTREPRENEURSHIP
SOCIETY
Soldiering on
Tragedy struck Nargis when her husband Naqvi, an air force pilot, was killed as his helicopter crashed in the Siachen glacier. Nargis, who had only studied till class XII, had to take care of her children — son ... More

INCOME TAX
SEBI reiterates PAN requirement
SEBI today reiterated the requirement of a permanent account number (PAN) for transactions in the cash market. The move is a bid to further strengthen the Know Your Client norms in the cash market with a view to facilitate sound audit trail. ... More

Tax not the officials
The Finance Minister, P. Chidambaram, is known for limiting his media interactions to the issue at hand. One reason for this is that so many questions could be asked of the FM that the interaction could become open-ended unless restrained. While ... More

EXPORTS & IMPORTS
Govt announces revised drawback rates
The Government on Thursday announced increased drawback rates that have also factored in the incidence of service tax paid on input services used for the manufacture or processing of goods for exports. Moreover, 84 new items have been added in ... More

ALTERNATIVE MEDICINES
Oushadhi to set up new unit in Kannur
The state-owned Pharmaceutical Corporation (Indian Medicines) Kerala Ltd (Oushadhi) is setting up a modern factory at Pariyaram in Kannur district. The State Government has allocated Rs 50 lakh in this year's budget for the proposed factory, ... More

ECONOMIC OFFENCES
The "embarrassment" called Bangalore
As Dr Yuwa Hedrick-Wong waxed eloquent on the different kinds of corruption in emerging economies - organised and disorganised - one had to ask him about India. In India, he said, corruption was differentiated by both industry and ... More






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Top Stories
`Petro price hike was inevitable'

CAs, Co Secys exempted from service tax for some services

UB Group may buy S. African wine cos

DaimlerChrysler to launch high-end E-class

KG Basin reserves: DGH asks Niko to respond in 15 days

Applying laws of physics to study Sensex behaviour

Metals seen trading lower in 2007: Analysts

Tea trade seeks anonymity in e-auctions

SEBI reiterates PAN requirement

Lessons from Mumbai 7/11

ICICI Bank launches new initiative in micro-finance

Looking back
Jul. 2-Jul. 8
How Japan has benefited from China's growth

Hoda panel for preferential allocation of iron ore mines

Consolidation means sustainability: Mittal

Coal stocks: CIL faces problem of plenty

Govt on track to complete term: Sibal

Sriharikota gearing up for new launches

MetalJunction-NCDEX may launch coal futures

TRAI hauls up BSNL for ignoring orders

Banks refuse discounting of bills sans ECGC cover

Hyderabad cos corner bulk of IPs on vaccines

Heavy rains hamper operations at Paradip

US growth: Upside surprise in store?

Govt trying to renegotiate tax treaty with Mauritius

Doubts over market access in farm sector stall WTO talks

Nathula Pass: A springboard for India-China trade ties

GSPC drills second well in Ahmedabad

Rlys reworking norms for commercial jatropha

Beer sales stumble in Karnataka

`Too early to consider oil rate hike'

Liquidity comfortable, oil prices a concern: RBI

Nathula Pass reopened after 44 years

Govt confirms resumption of wheat imports from Australia

Address issues, don't play the blame game

Indian B schools weaning away students heading for US


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