The Hindu Business Line : Wednesday, February 20, 2008

‘Growth process has to be both inclusive and sustainable’
Kolkata, Feb. 19 Pointing out that India’s economic growth process has to be both inclusive, and also sustainable, Mr Anand Sharma, Union minister of State for External Affairs, said here today that “India has actually not arrived, ... More

‘India, China to emerge economic leaders’
Chennai, Feb 19 India is amongst the fastest growing free-market economies and has been on a growth trajectory of over 8 per cent year-on-year for five years in a row. This impressive performance has attracted global investors, according to ... More

HEALTH
‘Stem cell cures have still to be validated’
Bangalore, Feb. 19 Stem cell research in the country still has a long way to go in spite of many therapeutic claims. The Indian Council for Medical Research (ICMR), which now governs this area pending legislation, has not received any ... More

INFRASTRUCTURE
State road funding to get Rs 2,300-cr boost
Disbursal of the central road fund to be on ‘accrual basis’ More

PETROLEUM
Ratna-R-series oil field: Cabinet Secy’s Office raises queries
Ministry highlights revenue implications of contract More

Private oil retailers raise petrol, diesel prices
New Delhi, Feb. 19 Reliance Industries Ltd (RIL) and Essar Oil Ltd have raised the retail selling prices of auto fuels – petrol and diesel – sold by them. The private sector retailers have increased the price of petrol by Rs 2 a ... More

BG inks 2 pacts with ONGC for 2 East Coast blocks
BG India has signed two farm-in agreements with ONGC to acquire participating interest in two deepwater blocks off the Indian East Coast. Under the terms of the agreements, BG will acquire a 30 per cent participating interest in ... More

POWER
Coal India, IL&FS to form jt venture
To promote mine, power and other coal-based projects More

NHPC IPO only next fiscal
New Delhi, Feb. 19 National Hydroelectric Power Corporation (NHPC) is likely to come out with its initial public offering (IPO) only by early next fiscal as the company is still awaiting the appointment of the requisite number of independent ... More

Monitor power capacity addition targets, Centre tells States
Minimising slippages, placement of orders for equipment More

Reliance Power alleges manipulation
Reliance Power Ltd, which was listed on bourses below its offer price has, alleged that there has been pre-meditated manipulation of its shares. RPL, an Anil Ambani group controlled company, has requested the market regulator SEBI to ... More

RUBBER
‘High import duties hurting rubber products sector’
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STEEL
Jamshedpur to host global steel conference
Kolkata, Feb 19 Steelrise 2008, a three-day international exhibition and conference on the steel sector that is slated to be held in Jamshedpur from February 27 to 29, will focus on India’s vision to increase steel production by 10-12 ... More

TAXATION
Tax refund to exporters of 3 more services allowed
Couriers, goods transport agencies, container transportation by rail More

Sales tax hounds comb Mumbai for evaders
Mumbai, Feb. 19 The Department of Sales Tax has issued 1 lakh notices to traders in the last two months for tax evasion. It has also filed 431 FIRs against them for not filing returns. Raids, surveys and business audits have been ... More

SSI
‘Specialised financial institution needed for unorganised sector’
Mangalore, Feb. 19 There is need for specialised financial institutions for the welfare of the unorganised sector, according to Dr Arjun K. Sengupta, Chairman of the National Commission for Enterprises in the Unorganised Sector. ... More

TYRES
Tyre industry worried over rubber exports
Availability will be stretched due to projected 3% drop in production More

RADIO/TV
Arasu Cable TV services by June
Chennai, Feb. 19 The Arasu Cable TV Corporation, the State public sector enterprise for providing cable television services in the State, will launch its services from June, according to an official press release.In the first phase, ... More

FOODS & FOOD PROCESSING
Post-harvest tech vital to cut wastage of food products: Sahai
Thanjavur, Feb. 19 The Union Minister of State for Food Processing Industries, Mr Subodh Kant Sahai, has underlined the importance of developing post-harvest technologies to reduce wastage of food products. Speaking after laying the ... More

Evolve food processing policy, States told
Thanjavur, Feb. 19 The Union Minister of State for Food Processing Industries, Mr Subodh Kant Sahai, has appealed to the State Governments to evolve a separate policy for food processing. He told presspersons here that such a move will ... More

MEDICAL INSTITUTIONS & HOSPITALS
Fortis completes acquisition of Chennai’s Malar Hospitals
Oscar Investment also picks up stake More

REAL ESTATE & CONSTRUCTION
Wi-Fi systems for DLF buildings
DLF Ltd is implementing Wi-Fi system in all its buildings. In a statement issued here, the company said that it will implement Wi-Fi in all its buildings across the country, enabling its occupants to get an access to enterprise standard ... More

SCIENCE & TECHNOLOGY
Tie-up to promote science learning
US-based Entomological Foundation, a not-for-profit organisation, has partnered with Harbinger Knowledge Products, an e-learning company, for design and development of innovative game-based online learning content . The objective of the online ... More

MINERALS
Trade unions call for ban on iron ore exports
Domestic steel industry consumes 55 mt; 105 mt exported More

EVENTS
Realty experts' meet
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ICFAI higher education summit
ICFAI University, Dehradun, will be hosting Higher Education Summit 2008 here between February 22 and 24. Academicians from about 40 institutions in Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai and Pune would be participating in the ... More

IPE meet on development today
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Seminar on robotics
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Seminar on global trade
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EXPORTS & IMPORTS
Corn exports may run into rough weather
Higher domestic prices, falling freight could dent shipments More

Exporters seek sops to tackle strong rupee
Bangalore, Feb. 19 Easing norms for raising capital from overseas and stable fiscal policies and measures to combat the stronger rupee’s impact on exports were some of the wish list of representatives of leading corporates who ... More