Business Daily from THE HINDU group of publications
Tuesday, August 15, 2006
Markets (August 14)
BSE Sensex11312.99(+120.53)
S&P CNX Nifty3313.10 (+38.75)
US Dollar (Buy/Sell)46.64 (+0.09)


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INDUSTRY & ECONOMY

CEMENT
`High power costs to impede cement sector growth'
Higher power cost, Centre and State levies coupled with lack of quality coal will lead to contraction of growth of cement industry in 2006-07, according to a study undertaken by Assocham. Cement remains the highest taxed essential ... More

ECONOMY
Kalam for `development with security'
`Mine more uranium to make nation a self-reliant on nuclear energy' More

Hardening of interest rates inevitable: PM's council
`Make investment capital available at reasonable rates' More

States park Central funds in short-term gilts
Even PSUs are resorting to proactive treasury management More

`Sri Lanka not living up to its potential'
"The private sector has factored-in the war situation and is not shying away but is also not investing in long-term projects." — Mr SAMAN KALEGAMA, EXECUTIVE DIRECTOR, INSTITUTE OF POLICY STUDIES OF SRI LANKA More

EXCISE AND CUSTOMS
CBEC members' portfolios reallocated
The Government has made a reallocation of portfolios amongst the members of the Central Board of Excise and Customs (CBEC). This move comes close on the heels of the appointment of two new members — Mr Devendra Dutt and Mr P.C. Jha — ... More

HEALTH
Ranbaxy gets approval for children's HIV drug
Ranbaxy Laboratories Ltd on Monday announced that the company has received approval to manufacture and market Triviro-LNS kid and Triviro-LNS kid DS, both triple ARV combinations for children, in India. The company has also filed the product ... More

Strides gets US nod for AIDS drug application
Strides Arcolab has announced that it has received tentative USFDA approval for one of its ANDA filings for AIDS drugs. Nevirapine, filed for selling as 200 mg tablets, has received approval for its ANDAs (abbreviated new drug application), the ... More

PSU
AP public enterprise reform order scrapped
65,000 jobs saved in SCCL, APSRTC More

SSI
Bengal working on new SSI policy
Fallout of law passed by Parliament More

COAL
`BHEL has potential in clean coal tech'
Growth to be technology driven More

TERRORISM
Mumbai on high-alert ahead of Independence day
Sensitive and strategically important installations like the Bhabha Atomic Research Centre are under the close watch of the National Security Guards. This is part of the scaled-up security arrangements across Mumbai ahead of the Independence day ... More

RADIO/TV
`Govt planning BBC-like channel'
The Government is considering a proposal to launch a "competitive" television channel on the lines of the BBC and CNN, the Information and Broadcasting Minister, Mr Priya Ranjan Dasmunsi, said on Monday. "We want to launch a ... More

EDUCATION
Regency group launches film, television institute
The Regency Ceramics Group has announced the launch of its film and TV foray. It has set up the Regional Research Academy of Film & Television (RRAFT), at Yanam in Pondicherry. RRAFT has been planning to provide both training and academic ... More

CARS
Carmakers bet big on loyalty schemes
See potential to step up sales More

BEVERAGES
Cola controversy — A storm brewing in domestic tea cups
"This issue is like a sleeping tiger, and better not to wake him up", a senior Indian Tea Association official said. More

MEDICAL INSTITUTIONS & HOSPITALS
Trinity to set up multi-speciality unit in Bangalore
More

REAL ESTATE & CONSTRUCTION
IDBI cancels e-auction of 1 lakh sq ft space
Lack of response cited as reason More

INDUSTRY ASSOCIATIONS
Apex chambers under service tax dept lens
It may now be the turn of the apex chambers of commerce and industry associations to come under the service tax net with regard to the subscription amounts collected from members. The four apex industry associations - Assocham, CII, FICCI ... More

SOCIAL WELFARE
Preferential programmes and despairing disparities
Policies aimed at the masses have benefited only the elite More

LIC cover for 22 lakh BPL families
Life Insurance Corporation of India has provided insurance cover to the heads of 22.23 lakh below poverty line families under the Janashree Bima Yojana (JBY) for a premium of Rs 22.23 crore. The scheme is called `Panna Dhay Jeevan Amrit ... More

RURAL DEVELOPMENT
ITC starts farm extension services
To advise 7,500 farmers on best practices More

TCS ready to offer rural employment scheme software
Centre may fund States to buy tool More

LABOUR REFORMS
Maharashtra sends child labourers back home
Task force succeeds in lowering number: Deputy CM More

EXPORTS & IMPORTS
Tariff value hiked sharply for palm group of oils
Crude soyabean oil rate increased by $2/tonne More

STANDARDS & BENCHMARKS
UK test results on Coke samples biased, untenable: CSE
UK laboratory's capacity, sensitivity to detect pesticide residues questioned More

ECONOMIC OFFENCES
SEBI slaps Rs 1-cr fine on Citigroup arm
The Securities and Exchange Board of India (SEBI) has adjudged that Citigroup Global Markets (Mauritius) Ltd (CGML), an affiliate of the global banking conglomerate Citigroup, be levied a penalty of Rs 1 crore. The adjudication and the ... More






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Top Stories
`M&As are new biz models in IT sector'

Tariff value hiked sharply for palm group of oils

`Asian market fundamentals look good'

BHEL bonus saga comes a cropper

States park Central funds in short-term gilts

GE allows Great Offshore to enter shipping biz

Tata Motors to expand passenger car unit capacity

Product firms taking organic route to grow

Steel production down as China cuts output: Study

`High power costs to impede cement sector growth'

Looking back
Aug. 6-Aug. 12
`China scores over India in low-cost drug manufacture'

Global non-woven textiles growth seen at 8 pc

Hewitt study identifies HR challenges for M&A success

Fundamentals continue to keep crude prices firm

Mills saddled with excess molasses, alcohol

Infrastructure sector needs $331-b investment: CII

Sugar stocks up on hopes of ethanol pricing issue

POSCO reduces land area for steel mill

`Indo-US nuclear deal on track'

Tata Sky launches DTH service

What's hot is air-conditioning!

Passenger car sales jump by 28 pc in July

AP tops in NRI remittances

`Hurricanes may push crude beyond $80'

`Tax returns mandatory on income over Rs 1 lakh'

`Desi' semiconductor biz is `all chip shape'

Bunching of imports driving up wheat prices

Cola sales may lose less fizz this time round

Excise duty collections up 7.8 pc in April-July

SEZs: Developers, units making hay while the sun shines

Automated peeling machine — A solution to sago, starch-making sector

Call for exempting newsprint from VAT

Headline inflation under control: Chidambaram


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