Business Daily from THE HINDU group of publications
Saturday, September 23, 2006
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Markets (September 22)
BSE Sensex12236.78(-37.49)
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INDUSTRY & ECONOMY

ECONOMY
Buoyant trend continues in exports
Exports cross $10 b in Aug More

Focus more on exports, says Murthy
"Even today, foreign investors are sceptical to set up shop in India because of bureaucracy and red-tapism, which sends out negative signals to the international community," he said. More

ENVIRONMENT
`Do not go easy on eco norms to lure investments'
South pollution cells told to jell together More

EXCISE AND CUSTOMS
Chennai Customs move to deal with problem boxes
Daily about 15 boxes land at Chennai without proper `land port seal' More

FOREIGN TRADE
Transfer pricing audits: No review of threshold cap now
Volumes seen to rise on more cross-border transactions More

`Strengthen intellectual property regime'
Vast scope for Indo-US cooperation More

HEALTH
Apollo, Johns Hopkins join hands to study heart problems in India
Joint research to discover unique gene More

PETROLEUM
Oil product sales dip in August
Consumption hit due to heavy rains and floods in large parts of the country. More

ATF price may come down by 10 pc: SpiceJet
`Oil companies must pass on the cut in transparent manner' More

ONGC approaches Ministry on cost recovery
For unfinished work programme under NELP More

IOC to get Rs 7,000-cr oil bonds by month-end
In talks with Reliance, GAIL for gas supply More

PHARMACEUTICALS
Meet on PR in pharma, healthcare
The Public Relations Council of India (PRCI), Hyderabad Chapter, is organising a one-day seminar on `Strategic Public Relations in Pharma and Health Industry,' here on September 29. The Union Minister of State for Health, Ms Panabaka Lakshmi, ... More

POWER
Arunachal signs MoUs for 9 hydel projects
Total investment of Rs 1,00,000 cr envisaged More

WATER
Premium product
A SHOPKEEPER arranges packaged water bottles in his shop at Perumpavoor near Kochi. India is the tenth largest bottled water consumer in the world. The bottled water industry has an estimated annual turnover of Rs 1,000 crore and is one of the ... More

PERSONAL PRODUCTS
FMCG counters turn attractive
Recent price hikes by select cos fuel interest More

RADIO/TV
ADAG to launch FM radio channel tomorrow
The national rollout of the Rs 400-crore FM initiative of ADAG (Anil Dhirubai Ambani Group) will begin from the National Capital on Sunday. The Big 92.7 FM channel will then be launched in Hyderabad (September 25) and in Chennai (September 27). ... More

Raj TV in expansion mode
To invest Rs 7.5 crore in studio, library More

EDUCATION
Lifestyle, NIFT tie up to groom retailers
Lifestyle International (P) Ltd, part of the Dubai-based Landmark group, which runs a chain of retail super stores, has tied up with the National Institute of Fashion Technology (NIFT), Hyderabad to groom its sales force. Given ... More

Andhra Bank, CIHL tie up for study loans
Andhra Bank has announced that it has entered into a memorandum of understanding (MoU) with the Consortium of Institutions for Higher Learning (CIHL) in the presence of the Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, here on ... More

BEVERAGES
Cola issue: `Kerala HC ruling unfortunate'
The Kerala High Court's verdict on Friday morning that gave a clean chit to the two cola majors, and asked them to resume sales and manufacture of their products in the State, is extremely unfortunate, the Centre for Science and Environment (CSE) ... More

FOODS & FOOD PROCESSING
Govt plans to open 100 food testing labs
The Government is planning to open 100 food testing laboratories, said Mr Subodh Kant Sahay, Minister of State for Food Processing Industries, at the inauguration of the Federation of Indian Chambers of Commerce and India's Food Research and ... More

REAL ESTATE & CONSTRUCTION
Centre mulls allowing foreign investors in real estate sector
The Centre will consider allowing foreign investors to tap the capital market pre-IPO in the real estate sector, the Union Urban Development Minister, Mr S. Jaipal Reddy, said here on Thursday. "We are absolutely open to foreign investment in ... More

READYMADE GARMENTS
Brandix India bullish on Vizag project
Sets up training facility for women at Pendurthi to work in apparel city More

SCIENCE & TECHNOLOGY
Seminar on behavioural neurobiology
Indian and German scientists came together to discuss issues of consciousness and mind as part of research studies into `Behavioural Neurobiology'. A four-day seminar was organised at the Centre for Cellular and Molecular Biology (CCMB), ... More

`Science Safari' on National Geographic
The Ministry of Science and Technology and the National Geographic Channel on Friday unveiled `Science Safari', a film that showcases Indian science and technology. The 48-minute film that premieres on National Geographic on ... More

Workshop on ocean info system
The National Institute of Oceanography, Kochi, jointly with the National Chemical Laboratory, Pune, will organise a two-day workshop on Biogeographic Information System for Indian Ocean here on September 25 and 26. Ocean Biogeographic ... More

FOREIGN DIRECT INVESTMENT
FIPB clears AES plan for Chhattisgarh
$1.22 billion investment likely More

RURAL DEVELOPMENT
Nabard can lend for rural roads
Govt move to bridge funding gaps of Bharat Nirman More

INCOME TAX
Cost inflation index pegged at 519
The Central Board of Direct Taxes (CBDT) has pegged the cost inflation index for the financial year 2006-07 at `519'. This index is useful for income-tax assessees in the computation of tax on long-term capital gains (for ... More

Cost Inflation Index grows five-fold in 25 years
Cost inflation index (CII) stands at 519 now. This is a five-fold growth in about quarter of a century. The base year for the index is 1981-82. In the first few years, CII grew only by single digits. The latest jump is of 22 points, from 497 in ... More

EXPORTS & IMPORTS
Soyameal exports to China seen up on duty cut
Beijing scraps 5 per cent customs levy on Indian imports More

BOOKS
Post offices to sell English speaking course kit
The Department of Posts, Tamil Nadu Circle, has tied up with VETA English training academy to sell VETA's "Home Study Course" kit at all head post offices in the State from September 25. Initially about 8,500 kits, grouped in packs of six kits, ... More

Book on Kerala to be released
The Bangalore-based Stark World Publishing will release a book on Kerala at a function in Kochi on Monday. The book, `Stark World - Kerala', is a mix between a coffee table book and a comprehensive encyclopaedia, says a ... More






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Top Stories
Transfer pricing audits: No review of threshold cap now

Soyameal exports to China seen up on duty cut

UB Group plans to consolidate operations

VSAT operators cry foul over TRAI order on AGR

PSU insurers ride equity boom to beef up capital

Orissa targets $500-m software exports by 2012

Penalty issue in repayment of loans by cash

FMCG counters turn attractive

Nabard can lend for rural roads

Looking back
Sep. 10-Sep. 16
India-China trade ties to touch $20 b: Pranab

ONGC plans to develop 29 offshore marginal fields

IT talent crisis ahead, warns Mohandas Pai

External debt marginally up at $125 b in 2005-06

OMC stocks turn active as crude price dips to 5-month low

Car sales up 16% in August; bikes sales slow down

Outlook for Indian job market buoyant: Survey

Domestic producers of herbal products seek data-exclusivity

Subsidy sharing: ONGC suggests `price equalisation discount'

Rs 400-cr investment okayed for PY-3 oil field in Bay of Bengal

Cotton textile exports up 26 pc

Govt stresses on need to ensure access to loans for students

Newspapers told to adopt newer tools

ONGC may bid for 50 blocks in NELP VI

`Broadcast Bill provisions must apply to DD also'

Cement stocks rally on price rise expectations

The residence factor and tax incidence

No relook at duty cut to 5 pc under Target: DGFT

El Nino will not affect monsoons, say meteorologists



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