The Hindu Business Line : Thursday, July 20, 2006

AWARDS & HONOURS
Award for Naresh Trehan
Dr Naresh Trehan, Executive Director, Escorts Heart Institute and Research Centre, New Delhi, has been selected for the `Lal Bahadur Shastri National Award for Excellence in Public Administration and Management Sciences' for ... More

COURTS/LEGAL ISSUES
Kerala to file review petition on trawling ban extension
As many as 15,633 existing vacancies of permanent posts had so far been reported to the Public Service Commission. More

ECONOMY
Re hits 3-yr low on oil concerns
Sensex down 219 points on weak rupee and selling by foreign funds More

Infrastructure growth dips to 5.1 pc in May
April-May growth rate drops to 5.9 per cent More

FOREIGN TRADE
Thai cos keen on biz partnerships
Thai companies participating in the Thailand Exhibition beginning here on July 21, representing a cross-section of industry are keen to forge business partnerships and develop new investment channels, according to Mr Prakob ... More

Australian envoy meets AP CM
The Australian Government intends to expand a two-way trade and two-way investment with Andhra Pradesh, its High Commissioner in India, Mr John McCarthy, said here on Wednesday. The move will enable substantial prospects for co-operation in ... More

PETROLEUM
Govt raises natural gas price by 20 pc
The price increase has been effected for industrial users other than power and fertiliser More

Essar Oil asks franchisees to open outlets
Ready compensate for losses More

Indianoil Petronas to set up LPG unit at Chennai port
Indianoil Petronas Pvt Ltd (IPPL) is finally on its way to set up an LPG terminal at Chennai port. The Rs 300-crore project is aimed at handling six lakh tonne LPG cargo every year. Apart from imports from Petronas, the project will also offer ... More

POWER
Natural gas for power generation `not feasible option'
Methane gas from gas hydrates may be viable fuel More

STEEL
SAIL willing to go the extra mile in Jharkhand
Hopes to win the rights for Chiria iron ore mines More

Minister to visit Vizag Steel Plant
Dr Akhilesh Das, Union Minister of State for Steel, is visiting the Visakhapatnam Steel Plant for three days from Thursday, according to a press release issued by the plant on Wednesday. He will hold discussions with the ... More

TAXATION
Operational issues impede service tax collections
`Rampant non-compliance, under-valuation bore the biggest hole in the kitty' More

`Waive capital gains tax for VCFs exiting from unlisted cos'
Nitin Desai Committee presents report to Plan panel Dy Chairman More

TEXTILES
Textile industry wants TUFS to co-terminate with 11th Plan
To enable investment plans for modernisation to proceed unhindered More

SSI
TMB launches credit scheme for SMEs
Tamilnad Mercantile Bank Ltd (TMB) has introduced a new loan product called SME Credit to cater to the exclusive needs of the SME sector. Under this scheme, an individual can get a maximum loan of Rs 2 crore and group borrowers up to Rs 10 ... More

COAL
Australia keen on exporting coal to India
Australia is keen on tapping the potential of exporting coal to India for various power projects in the State while assessing the possibility to partner in development of hydel projects. The Australian High Commissioner in Delhi, Mr John ... More

EDUCATION
Cotton institute plans workshop
Central Institute for Research on Cotton Technology (CIRCOT) has proposed to conduct a programme on demonstration of clean cotton picking, storage and transportation at Therkathikadu village, near Mettur in Salem District on July 22. The ... More

TELEVISION SETS
The world is flat
LCD and plasma TVs see robust sales as people opt for high-end technology. More

Tech-talk for dummies!
Technology: Plasma is a scientific term referring to gases such as neon and xenon, which glow when exposed to an electrical field. Televisions in general consist of thousands of small `picture elements', abbreviated as pixels. With any ... More

GEMS & JEWELLERY
Minimum standard soon for diamond grading labs
Tel Aviv meeting focused specifically on issues that influenced the position of manufacturers in the diamond business globally More

REAL ESTATE & CONSTRUCTION
Morgan Stanley Real Estate invests in Delhi firm
Morgan Stanley Real Estate has invested about Rs 300 crore ($65 million) in Delhi-based real estate firm Alpha G:Corp Development Private Ltd . Alpha, an affiliate of the G:Corp Group, is currently executing townships, retail malls, office ... More

Shriram Properties floats jt venture
Shriram Properties today announced the launch of a joint venture with Prudential Investments, a leading Australian property development company, to launch premium `Leisure Lifestyle Township' projects in the country. Initially, Shriram ... More

INDUSTRY ASSOCIATIONS
Chamber plea on RTGS
Trade and industry here have sought the RBI's attention to issues such as popularisation of Real Time Gross Settlement Scheme (RTGS), disclosure of more details in bank statements, introduction of high value clearing system, revival of the Gold ... More

TEXTILE MACHINERY
SIMA Tex Spares 2006 on July 27
The biennial textile spares and accessories show by the Southern India Mills Association (SIMA) will open here on July 27. About 200 exhibitors from across the country will display their products and services at the five-day fair ... More

SCIENCE & TECHNOLOGY
Insat to Panama ship rescue
ISRO's satellite-based search and rescue network has helped in saving all 30 crew-members of a Panamanian ship, the organisation said. The ship, Glory Moon, was adrift in Sri Lankan waters after a fire destroyed its ... More

GAGAN ready for demo phase
US defence and aerospace major Raytheon Company has said it has completed the preliminary system acceptance test for the technology demonstration stage of GAGAN. GAGAN is the Rs 300-crore Indian augmentation for GPS to enable space-based ... More

EXPORTS & IMPORTS
Imported arecanuts' quality found poor
Analysis conducted on request from Campco More

Cumin seeds export up on global short supply
Shipments up by over four times during April-May More

ECONOMIC OFFENCES
Fear of prosecution
Section 25 of the SCRA needs to be amended so that search and arrest cannot be invoked without SEBI approval and without the nod of a magistrate having jurisdiction. More