The Hindu Business Line : Tuesday, December 05, 2006

NRIS
PNB's new remittance service
Punjab National Bank (PNB) has launched a new remittance service with Buyindiaonline.com Inc, a wholly owned subsidiary of Xoom Corporation, USA. Under this service, non-resident Indians can send their remittances to India ... More

ECONOMY
Manufacturing drives AP economy in 1st half
Survey projects better growth in second half More

ENGINEERING
EEPC scores big with Cairo expo
Gets business enquiries for $6 million More

EXCISE AND CUSTOMS
Rationalise peak duty rate: CII
The Confederation of Indian Industry has suggested the peak rate of duty of 12.5 per cent needs to be rationalised. In its pre-budget memorandum, the chamber has argued that despite the peak rate having been lowered to 12.5 per cent since ... More

FOREIGN TRADE
Kamal Nath promises to raise visa issues with France
France targets India as key destination for trade, investment More

Talk on S. African biz scene
The Consulate-General of South Africa in Mumbai, in association with the Indian Chamber of Commerce and Industry, Kochi, is organising a presentation on `Doing business with South Africa' on Thursday at Harbour View Residency. ... More

HEALTH
The next health trip
As healthcare costs in the West rise and the number of uninsured burgeons, medical tourism could well be the next big trip for Kerala as a destination. More

Fighting pharma profits to fight AIDS
There is a possibility of controlling HIV (human immunodeficiency virus) and thus extending the life of patients. Thus assured the President, Mr A.P.J. Abdul Kalam, when addressing the members of both Houses of Parliament on the occasion of World ... More

PETROLEUM
New Director (Commercial) for IGL
Mr Manmohan Singh has taken over as Director (Commercial) of Indraprastha Gas Ltd (IGL), the sole supplier of compressed natural gas (CNG) and piped natural gas (PNG) in the Capital. He was serving as General Manager (Engineering ... More

POWER
Kalam calls for self-reliance in energy by 2030
Calling for the country to become "energy independent" by 2030, the President, Mr A.P.J. Abdul Kalam, suggested that India should pursue nuclear power generation using thorium and increase generation from wind, hydel and solar power to be ... More

No proposal to sell Dabhol plant: Govt
The Union Government on Monday clarified that it was not considering any proposal to sell the Dabhol power plant. "There is no such proposal with the Government for sale of Dabhol power plant at Ratnagiri," the Power Minister, Mr Sushil Kumar ... More

TAXATION
Is there a need to review tax benefits for mergers?
It will be useful to review whether Section 72A should be expanded: Expert More

SSI
SSI sector seeks weighted deduction of salary from income
The small scale sector must be allowed a weighted deduction of 125 per cent of the salary and wages paid by them from income. If this is not feasible, income to the tune of Rs 2 lakh if reinvested, should be exempted from tax in recognition of ... More

Chamber seeks tax relief for small units
More sops for jute, tea; special package for North-East More

Seminar on SMEs
The Institute of Company Secretaries of India, Hyderabad Chapter, in association with the NSIC, SIDBI and NISIET, is organising a seminar on `Micro, small and medium enterprises', here on December 9. Directors, senior and middle ... More

RADIO/TV
NDS keen to launch Net TV services in India
UK-based digital entertainment technology firm NDS is keen on launching IPTV services in India, said Dr Abe Peled, Chairman and CEO of NDS Group plc. "We have a worldwide strategy in acquisitions and are currently in discussions with various ... More

EDUCATION
AP in tie-up with PAC for aptitude tests
The Professional Aptitude Council (PAC) today announced its partnership with the Directorate of Collegiate Education (DCE), Andhra Pradesh, that would help those seeking jobs, particularly in IT and non-vocational courses, to take aptitude ... More

`What you talk and what you do must match'
"Today the recruiters are very cautious. They want to check how consistent the applicant is. The recruiters want to ensure a marriage relationship with least divorces. The thought process has to be clear. There should be a match between what you ... More

IIM-A to seek European accreditation
The B-school may apply for it later this month More

`Core competence crucial for diversification'
Diversification is a route many businesses take after achieving a certain amount of success in a particular field, but one which is fraught with peril, if the core competence is ignored, or lost sight of, in the process, according to Mr Neeraj ... More

Meet on marketing methods
Dhruva College of Management is organising a seminar on pedagogical tools and research methods in marketing for faculty and researchers on December 6. Dr H.S. Rao Unnava, a well-known professor from the Fisher College of ... More

FOODS & FOOD PROCESSING
Quality control lab at Eastern Condiments
Eastern Condiments, curry powder and masala maker, has installed a fully automated quality control laboratory to check quality of spices and ready-to-eat food products. The French company Biomerieux, one of the major companies in testing and ... More

MEDICAL INSTITUTIONS & HOSPITALS
Apollo goes for `Ambient Experience'
Another Philips' initiative is its `Ambient Experience' concept, which promotes patient-friendly settings for radiology units and operation theatres in hospitals, among others. From India, the Apollo group of hospitals has placed the first ... More

KNITWEAR & HOSIERY
Tirupur dyers fast to seek more time on `reverse osmosis'
Call for formation of panel on effluent discharge norms More

DISINVESTMENT
Nepal begins privatising Royal Nepal Airlines
Seeks investment from India in agro-forestry, hydro electric projects More

WTO
`India has been doing modern trade facilitation for about a decade'
International trade gets a fillip when formal trade barriers come down. Thereafter, focus is `trade facilitation' issues, such as making it possible for companies to know about the import/ export regulations in other countries. Watchers of WTO ... More

IPR
East Asia a market for legal outsourcing
With companies from non-English speaking countries such as South Korea, China, and Japan requiring to file patents in the US and European courts to expand business opportunities, legal process outsourcing companies (LPOs) here have set their eyes ... More

EXPORTS & IMPORTS
`Oilseeds import from Nepal, Lanka negligible'
Shipments 9,900 tonnes during 2005-06: Minister More

Coffee exporters urged to make use of New Mangalore port
The New Mangalore Port Trust (NMPT) has urged coffee exporters from Karnataka to make use of the `Gateway of Karnataka' - the New Mangalore port — to move their cargo. Promotion drive A press release by ... More

US for mutual solution to shrimp dumping duty row
Offers to conduct analysis on shipments from India More

ECONOMIC OFFENCES
Most cos ill-equipped to handle fraud: KPMG Forensic
Publishes white paper on how to prevent, detect and respond to fraud More