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Friday, August 04, 2006
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INDUSTRY & ECONOMY

POLLUTION
`Alarming rise in bacterial percentage in Ganga waters'
The West Bengal Pollution Control Board (WBPCB) has struck upon a phenomenal increase in bacterial percentage in the Ganga waters primarily owing to indiscriminate dumping of municipal wastes. Dumping of ... More

RESEARCH & DEVELOPMENT
Advinus drug discovery unit opened in Pune
Advinus Therapeutics, the latest drug discovery facility, catering to the pharmaceutical and agrochemical industries, was inaugurated by Mr Ratan Tata at Hinjewadi in Pune on Thursday. The company has been promoted by the Tata Group with Dr ... More

NRIS
Govt nod sought for direct flights from Mangalore to W. Asia
The Saudi Arabia-based West Coast NRI Forum has urged the Union Government to permit the operations of flights from the Mangalore airport to West Asian countries. Addressing presspersons here, Mr Mohammed Faroque, President of the forum, has ... More

SBH prunes NRE rates
The State Bank of Hyderabad (SBH) has announced a revision, mostly downward, in interest rates on NRE, FCNR (B) and RFC term deposits effective August 1. In a press release here on Wednesday, the bank said the rates on NRE term deposits were ... More

SOCIAL SECURITY
BoI, UTI MF sign pact for micro pension plan
Minimum contribution for SHGs reduced to Rs 100 per month More

ECONOMY
Sixth Pay Commission — A financial noose round Government's neck?
It is a puzzle why the Central Cabinet chose to rush in with the announcement of the Sixth Pay Commission when the Central and the State finances are deeply dented, implementing the previous panel's recommendations. More

Exports key to raise GDP, disposable incomes: Narayana Murthy
`Creation of jobs is the answer to country's woes' More

ENGINEERING
`Offshore engg services is the next big thing'
Nasscom sees potential for $40-b business by 2020 More

EXCISE AND CUSTOMS
Centre extends tax break for new units in 3 States
The Centre has extended the excise duty exemption granted to new industrial units in Himachal Pradesh, Uttaranchal and Sikkim till March 31, 2010, from the previous deadline of March 31, 2007. The Government issued a notification to this ... More

INFRASTRUCTURE
Suminfra: `No alternative to public-pvt partnership'
Andhra Pradesh to come up with new policy for land acquisition More

Board of Approval for SEZs to meet on Aug 8
To consider 169 proposals for setting up SEZs More

PETROLEUM
Iran-Pak-India gas pipeline project stuck on pricing
Nine-member technical team to submit report today More

GAIL offers to buy gas from ONGC in KG Basin
Seeks schedule of availability from ONGC's new finds More

Anil Ambani meets Ministry officials over RIL gas deal
Also raises the issue of allotment of coal bed methane blocks More

OVL gets CCEA nod to buy asset in Colombia
The Cabinet Committee on Economic Affairs (CCEA) on Thursday permitted ONGC Videsh Ltd to acquire a share in an oil asset, Omimex de Colombia, owned by Omimex Resources Inc, a US exploration and production company. Briefing newspersons, the ... More

IOC keeps options open on tapping bond market
Final call likely by September More

TAXATION
Maharashtra Govt urged to set final date for abolition of octroi
Traders and business community representatives in Maharashtra want the State Government to set a final date for the abolition of octroi. The Subodh Kant report on octroi has also recommended its abolition. Traders in Maharashtra have been ... More

TEXTILES
Centre to boost technical textiles sector
The Government plans to focus on the emerging opportunity in technical textiles, owing to its export potential. "India has the capability to take advantage of the developments in the field of technical textiles. "With a large textile ... More

TERRORISM
Peace dam bursts in Sri Lanka
With the `water war' spilling over, the period of political engagement is over and yet another phase of military confrontation has begun in Sri Lanka. In Colombo, RASHEEDA BHAGAT traces the genesis of the latest conflict and gauges the mood in the ca pital where there is much despair for the economy, which has just now managed a turnaround. More

RADIO/TV
Notification to curb violence, obscenity on cable
In a move that should help regulate airing of programmes showing obscenity, violence and cruelty among others, the Ministry of Information and Broadcasting on Thursday issued a notification banning cable service providers from showing films, film ... More

EDUCATION
SAP India, IIMB in pact for e-governance tools
SAP India and the Indian Institute of Management, Bangalore have entered into an MoU to work together in areas of public sector and e-governance. As part of the MoU, SAP would support IIMB's Centre for Enterprise Resource Planning, whilst IIMB's ... More

HCL Tech, Melbourne varsity in pact
HCL Technologies Ltd has signed a memorandum of understanding with The Grid Computing and Distributed Systems' (GRIDS) Laboratory at the University of Melbourne, Australia to work collaboratively in the area of grid computing and high-performance ... More

HCV/LCV/TRACTORS
Southern demand drives growth in Q1 tractor sales
The double-digit growth run seen in the domestic tractor industry last fiscal seems to have continued well into the current year. According to industry data, tractor sales jumped by 25 per cent in the first quarter of the current fiscal to ... More

GEMS & JEWELLERY
Polished diamond grading programme
The International Gemological Institute (IGI), the world's largest independent laboratory of testing and grading gemstones and fine jewellery, in collaboration with the Jewellers Forum, will organise the first `Polished Diamond ... More

REAL ESTATE & CONSTRUCTION
Big demand for large floor plates from IT, ITES cos in Chennai
About 26 million sq ft of commercial space is under construction here, of which around 16 million sq ft is expected to be delivered in the next 12 months, according to a review of market activity by Trammell Crow Meghraj, international property ... More

CERAMICS
Cashing in on fly ash
A perfect `waste to wealth' story. The Raichur thermal power station uses the fly ash it generates to manufacture mosaic tiles. More

MINING & QUARRYING
Pvt role likely in uranium mining
Initial entry to be limited to data collection, utilisation of modern techniques and processing More

MINERALS
POSCO plan for captive port hits a rough patch
Orissa Govt moots utilisation of Paradip capacity More

IPR
RmKV to patent new saree weaving technique
RmKV, one of Chennai's leading silk saree retailers, has applied for a patent for a new technique of weaving silk sarees, according to Mr K. Sivakumar, Partner, RmKV. The technique is called the KV Technique after RmKV's partner late K. ... More

REGULATORY BODIES & RULINGS
SEBI norms for MF overseas investment
Minimum 10-yr existence needed for investing in ETFs More

EVENTS
Centre ready to offer viability gap funding for Chennai metro rail project
Can provide up to 20 pc of the cost of an infrastructure project: Minister More

EXPORTS & IMPORTS
EEPC targets $23-b exports this fiscal
Seeks merger of duty exemption schemes for speedy refunds More

8 bidders for STC wheat tender
Agrocorp is the lowest bidder More

Sugar prices, stocks surge on DGFT notification
Ban order amended to permit held up shipments; market misinterprets More

NATURAL CALAMITIES
Freight movement on two East Coast Rly lines suspended
Landslides caused by heavy rains in Orissa More

TOURISM
IRCTC plans Buddhist circuit tourist trains
The Indian Railways Catering and Tourism Corporation (IRCTC) plans to develop Buddhist circuit tourist trains for both the high end and economy segments. These trains would target both domestic and foreign tourists — specifically from Sri ... More

A durable houseboat for tourism
Catering to the increasing demand of houseboat tourism in the State, the Aroor-based Samudra Shipyard Pvt Ltd has come out with an eco-friendly luxury houseboat made of fibreglass instead of traditional wood. The move was taken considering the ... More






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Top Stories
BoI, UTI MF sign pact for micro pension plan

Downside limited in Indian markets: Martin Currie

Helion Venture launches $140-m India fund

Southern demand drives growth in Q1 tractor sales

EEPC targets $23-b exports this fiscal

`Alarming rise in bacterial percentage in Ganga waters'

Lipitor patent: Ranbaxy gains on US court ruling

Veg oil prices threatening to spike

Looking back
Jul. 23-Jul. 29
Concessions for computer manufacture in TN

`Japanese cos to invest $1.8 b in India in next 3 yrs'

Bengal Govt to exit growth centres

High oil prices, rate hike concern keep bonds down

Railways gets higher discount for diesel

Cos may get respite from paying service tax on goods transport

Flat steel prices set to go up

Plan for biometric features in PAN cards

CBDT notifies new e-return forms

Dumping duty on POY from China mooted

Natural gas catches investors' fancy

Will the interest rate hike work?

Dr Reddy's balancing act

Business Confidence Index down 8 pc, says NCAER

No revival of Doha round talks in sight: Kamal Nath

Rubber continues to fall; may slip to Rs 85

PSBs hiring more from B-schools

Will the hikes hurt my wallet?

Cairn Energy to float IPO by March

Iron ore production doubles in 5 years

CBDT notifies 10 services for claiming tax breaks

PM urges pricing review to meet energy needs

`Senior citizens to get IT refund within a month'

Kamal Nath calls for doubling exports to $125 b

STC floats tender to import 4 lakh t wheat

Aluminium die-casters bullish on exports

NLC inks pact with Gujarat for mine, power project

Tata Motors, Hyundai eye used car market


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