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Friday, September 01, 2006
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INDUSTRY & ECONOMY

URBAN DEVELOPMENT
Land near Chennai identified for satellite city
Govt to acquire 30,000 acres near Vandalur More

NON-CONVENTIONAL ENERGY
Deora asks oil cos to adopt tendering route for ethanol
`Adopt open bidding through which all prospective suppliers can participate' More

ANTI-DUMPING
Dumping probe on imported aluminium plates initiated
The Designated Authority in the Department of Commerce has initiated anti-dumping investigation into import of pre-sensitised positive aluminium plates from China, Bulgaria, Malaysia, Singapore and South Korea. The product otherwise described as ... More

ECONOMY
Perfect 2020
Beginning a fortnightly column on the quest for building a world-class India by 2020. More

Draft puts Kerala's 11th Plan outlay at Rs 35,000 cr
A mark-up of around 50 per cent over the Tenth Plan outlay in real terms More

`GDP grew at over 7 pc in Q1'
The country's economy grew at over 7 per cent in the first quarter of the current fiscal, the Union Finance Minister, Mr P. Chidambaram, has said. "Except in Q2 of 2004-05 when the GDP grew by 6.7%, in every other quarter of ... More

ENVIRONMENT
AP cos bag Greentech awards
Several AP companies, currently participating in a national environment management meet being held in Goa, have bagged awards for their contributions in the field, according to a press release issued by the Greentech Foundation, ... More

FERTILISERS
Govt plans to restart 8 fertiliser units
The Government plans to restart eight public sector fertiliser plants in the next three years, said Mr Ram Vilas Paswan, Union Minister for Chemicals, Fertilizer and Steel. The move follows the rise expected in demand for fertiliser in the near ... More

FOREIGN TRADE
Unctad Trade and Development Report, 2006
`Strengthen creative market forces'

The Report highlights the scope for making the global trading and financial milieu more development-friendly. More

US trade team promotes high-end food products
A trade mission from the Southern United States Trade Association (SUSTA) was here in the city to promote and market `high-end' food products from the southern states of the US. The team will also visit Mumbai and New Delhi to showcase its ... More

SAARC Chamber call to push SAFTA
The executive committee of SAARC Chambers of Commerce and Industry (SCCI) will meet in the Maldives in November to resolve all outstanding issues within the SAFTA among the member nations, including Islamabad's refusal to grant tariff ... More

HEALTH
Drink to health
While the cola controversy rages, it's time to rediscover the refreshing goodness of mango panna, thandai, buttermilk and other traditional drinks. More

INFRASTRUCTURE
Charges of SEZs provoking land scams, tax loss to exchequer refuted
`Though formal approvals have not been frozen, until 75 non-IT SEZs become fully operational or after a lapse of five months whichever is earlier, there would be a review of existing SEZs for further grant of SEZs.' More

SEZ who?
The hot topic of discussion among the business press in New Delhi is who would finally emerge victorious on the special economic zone (SEZ) issue — P. Chidambaram or Kamal Nath. As of now, Kamal Nath is clearly the winner having ... More

PSU
Kerala Govt to form core panel with banks to revive PSUs
Financial support for potentially viable units More

PETROLEUM
Oil bonds not to get SLR status, says Chidambaram
Govt to go ahead with scheduled market borrowing More

CCEA defers decision on CBM blocks
Refers issue to empowered panel for further consideration More

POWER
Krishnapatnam power project bid date extended
The deadline for submission of request for qualification documents for the proposed 4000-MW ultra mega coal-based project to come up at Krishnapatnam in Nellore district of Andhra Pradesh has been extended till September last. The Ministry of ... More

STEEL
Asian steel prices seen rising in H2
There are apprehensions that global steel prices could be softening once again. Mr Michael Tappeiner, Steel Analyst at WestLB, says that the prices in the US are peaking right now; while in the Europe, they are expected to peak in the fourth ... More

TAXATION
`Take closer look at cenvat credit availment practices'
Chidambaram tells Chief Commissioners to ensure more credit is not taken More

Ministry may improve selection criteria for transfer pricing audits
`Time not ripe for introduction of advance pricing arrangements' More

TEXTILES
Sub-group on powerloom bets on adding capacity
Additional capacity of 25 billion sq metres proposed More

SSI
IBM begins operations in Kochi for SMB clients
More branches to be opened in South soon More

TERRORISM
Who's on the hit list?
A series on terror strikes that have rocked the world over the past four decades airs on Discovery Channel beginning today. More

RADIO/TV
Pay channels @ Rs 5 per month
TRAI unveils subscriber-friendly tariff plan for CAS regions More

TRAI's order on pay channel tariff welcomed
The Telecom Regulatory Authority of India's order on tariff for pay channels has been welcomed, mainly by consumers in Chennai. The order, which fixes a ceiling of Rs 5 per pay channel per subscriber per month, will be effective December 31, ... More

EDUCATION
Kalpathi Properties ties up with Bala Vidya Mandir
Kalpathi Properties, the real-estate arm of SSI Ltd, has tied up with city-based school Bala Vidya Mandir to set up a primary and high school in the 5,000-apartment township coming up on the erstwhile Binny Mills property in Perambur, North ... More

Aspire Academy opens Kochi centre
The Chennai-based Aspire Career Development Academy has opened its centre in Kochi in association with Vidya Bharathi Institute of Management and Technology. Besides developing communication skills in English, the academy focuses ... More

ITIs to be privatised in a phased manner
Bid to revive teaching standards and update curriculum More

MEDICAL INSTITUTIONS & HOSPITALS
India to be promoted as global healthcare hub
Visa procedures to be simplified More

SumTotal suite for Stanford Hospital
SumTotal Systems has announced that Stanford Hospital & Clinics has bought its LMS (Learning Management System) 7.2, which is an enterprise platform solution for analysing, storing and delivering learning over the Internet. ... More

REAL ESTATE & CONSTRUCTION
Kshitij plans 2-m sq ft mall in Chennai
Mall management company also on the anvil More

INDUSTRY ASSOCIATIONS
FICCI - TN to come out with white paper on ITES
To take up legal and human resource aspects More

DISINVESTMENT
CCEA to refer Balco valuation to panel
To return Sterlite cheque of Rs 1,098 cr More

EVENTS
Kalam to attend IIT alumni global meet
The conference would have seven segments, all built around the central theme of inspiring IITians to involve and transform India. More

INCOME TAX
UBI to bundle insurance with tax-saving deposit scheme
United Bank of India (UBI) has sought to bundle insurance with its tax-saving term deposit scheme. The bank's new initiative to mobilise deposits comes with free accident insurance for depositors who intend to make use of Section 80C of the ... More

EXPORTS & IMPORTS
Indo-Aussie fumigation scheme launched
An India-Australian Fumigation Accreditation Scheme was launched on Thursday by the Australian High Commissioner in India, Mr John McCarthy. The scheme will come into force from Friday. The scheme, developed jointly through collaboration ... More

TOURISM
Higher funds for developing tourist spots
In a move to improve tourism infrastructure, the Cabinet Committee on Economic Affairs (CCEA) approved removing the ceilings on project cost for tourism infrastructure development of the identified destinations and circuits. The Centre's ... More

3-day intl tourism expo from Sept 7
A three-day international tourism expo will be held in the city from September 7. The event is being jointly organised by Indian Trade Fair Foundation, Tourism India magazine, South Kerala Hoteliers Forum and IATA Agents Association of ... More






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Top Stories
Praj plans to acquire US engineering co

What RBI statistics say about NPAs

Life begins at fifty

Asian steel prices seen rising in H2

Charges of SEZs provoking land scams, tax loss to exchequer refuted

Kshitij plans 2-m sq ft mall in Chennai

Deora asks oil cos to adopt tendering route for ethanol

Looking back
Aug. 20-Aug. 26
`India lagging behind China in capability building'

Orissa, Jharkhand, Chhattisgarh proposals exceed steel capacity target

A bogey called `misuse' of the Mauritius conduit

Indirect tax dues recovery target set at Rs 2,450 cr

Opening up of Nathu-la pass worries Buddhadeb

India succumbing to global pressure?

Reliance pushes for oil retail sale compensation

SEBI to resume UIN registration

Centre decides to cap import of Lankan pepper

US economy: Market too pessimistic?

Crude oil production up 4.1 pc in July

Ethanol plants begin to mushroom in the US

Bharat Forge, Maharashtra to co-develop SEZ near Pune

Upgraders drive Indian auto industry: JD Power

Future of India-US nuclear deal

To cap or not to cap SEZ

Tea shipment to Poland rejected

Infrastructure gaps bug mangoes export to Japan

Hike in support price may not hit rice exports

ICICI asked to do valuation of Dabhol's LNG terminal



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