The Hindu Business Line : Wednesday, January 19, 2011

INDUSTRY & ECONOMY

ENVIRONMENT: Ministry sets terms to reconsider Lavasa project
But says construction is ‘unauthorised' and ‘environmentally damaging'. Even as it termed the construction at Lavasa Hill City as ‘unauthorised' and ‘environmentally damaging,' the Ministry of Environment and Forests ...

EDUCATION: Pearson takes controlling stake in TutorVista for Rs 577 crore
In one of the largest deals in the Indian education space, the UK-based Pearson Group has acquired a controlling stake in online tutorial TutorVista Global for Rs ...

INDUSTRY ASSOCIATIONS: Nasscom talks to UK on wage norms for ‘transfer workers'
Wants employee allowances included in minimum salary cut-off. Nasscom has asked the UK to include employee allowances and benefits in the minimum salary cut-off that the country proposes for Intra-Company Transfer (ICT) workers, whose stay ...

ECONOMY: Dr Subbarao's desperation
Central bankers, especially Governors, are not given to loose talk. So when Dr D. Subbarao, Governor of the Reserve Bank of India (RBI), said on Monday that the RBI was “desperate” to bring inflation under control, it is likely ...

EVENTS: Indian coir products a big draw at Germany fair
Coir Board to address quality issues to tap export markets. Formulation of new measures has become necessary to sustain the country's momentum of coir product exports to the European markets in the context of fluctuating foreign currency rates, ...

SCIENCE & TECHNOLOGY: Govt to bring in geospatial data Bill in Budget session, says Sibal
Regulator to oversee licensing of geospatial information. Geospatial sector in India is expected to get a shot in the arm next month with the Union Government hoping to introduce and pass the National Geospatial Data Authority Bill in the ...

POWER: Kerala State Electricity Board to set up another CDM project
The Kerala State Electricity Board (KSEB) is planning to set up a small hydro-electric project at Anakkayam in Thrissur district under the Clean Development Mechanism ...

FOREIGN TRADE: New Zealand to widen business ties with AP
Focus on green technology, leisure tourism. New Zealand is keen on promoting business collaborations with companies in Andhra Pradesh, according to its Consul General and Trade Commissioner, Mr ...

ENVIRONMENT: Ministry order more about jurisdiction than environment: Lavasa
Reacting to the Ministry of Environment and Forests' final order that the EIA notification 1994, 2004 and 2006 were applicable to Lavasa Corporation, Lavasa said the order focuses more on jurisdiction than on the environment issue ...

PETROLEUM: AP fuel offtake may increase 15%
The need and benefits of efficient use of fuel were highlighted at the inauguration of the Oil and Gas Conservation Fortnight here ...

POWER: Private players spin off power units to garner funding
Jindal Power Ltd has announced its intention to float an initial public offering this April. A move that should have been expected, for it fits in with the emerging trend among private players who have been redoubling their efforts on scaling ...

HEALTH: Kidney donation gains momentum
The Chairman and Managing Director of the Rs 500-crore V-Guard Group, Mr Kochouseph Chittilapilly, has set the trend in organ donation by offering one of his kidneys as part of a campaign set in motion by the recently-formed Kidney Federation ...

ENTREPRENEURSHIP: New President for TiE, Chennai
There is no dearth of funds for start up entrepreneurs. An entrepreneur with a good idea and a good management will always get money at any stage – whether during start up or at the growth stage, according to TiE Chennai's new President, ...

ECONOMIC OFFENCES: No questions on 2G, please
Mr Kapil Sibal, the Union Minister for Science and Technology and Information Technology and Communications, today refused to talk about the ...

PHARMACEUTICALS: Sample storage unit for drug discovery research
A unique facility to store natural products, samples that would help in drug discovery research has been set up at the Indian Institute of Chemical Technology here. Called the National MoI Bank (NMB), it will house the National Repository ...

EDUCATION: Statistics finding variety of applications
Noted statistician Prof C.R. Rao on Tuesday said statistics was finding a wide variety of applications both in daily life and ...

EDUCATION: US students share views on new trends in marketing
A group of management students from the University of Kansas, headed by Prof Kissan Joseph, University of Kansas, USA, shared their experiences with the invited audience comprising representatives from member companies and management students ...

POWER: Jaitapur plant poses no threat, says Kakodkar
The proposed 10,000 MW nuclear plant at Jaitapur will not lead to additional nuclear radiation in the surrounding area. The amount of radiation emanating from the plant would be minuscule in comparison to the natural radiation occurring in ...

ECONOMIC OFFENCES: Citibank fraud: Investors under Tax Dept lens
The Income-Tax Department has sent notices to the investors who have been allegedly duped by Mr Shivraj Puri, the main accused in the Citibank Gurgaon branch ...

ENVIRONMENT: Pre-clearance for new projects: Jairam backs CII suggestion
The Union Environment Minister, Mr Jairam Ramesh, has backed the Confederation of Indian Industry's idea that the ministries concerned get all clearances for natural resource based projects such as coal, iron ore and bauxite mining before ...

EDUCATION: Camellia group plans medical college near Kolkata
The Kolkata-based Camellia group is planning to set up a medical college in Burdwan, approximately 100 km ...

SSI: Land bank sought for small units
The Karnataka Small-Scale Industries Association (KASSIA) has urged the land acquisition agency of the State Government, the Karnataka Industrial Areas Development Board (KIADB), to create a land bank for the benefit of small industries ...

REAL ESTATE & CONSTRUCTION: Drywall to be the future of construction
Mr Hemant Khurana, Vice-President, Sales and Marketing, Saint-Gobain Gyproc, said global trend of gypsum plaster board-based drywall solutions in interior construction would be the future of construction in India. Inaugurating an architect ...

EVENTS: Architects' meet in Kochi
Mr Hemant Khurana, Vice-President, Sales and Marketing, Saint-Gobain Gyproc, said global trend of gypsum plaster board-based drywall solutions in interior construction would be the future of construction in India. Inaugurating an architects' ...