The Hindu Business Line : Saturday, July 08, 2006

FOREIGN TRADE
Italy keen to widen trade ties
Italy is keen to promote closer trade and economic engagement with India, the Italian Minister of State for Foreign Affairs Mr Sen Gianni Vernetti said at a meeting with the Union Minister of Commerce and Industry Mr Kamal Nath. An official ... More

`SAFTA pact, last resort'
The State is within its rights to seek cover under the provisions of the SAFTA agreement in case the import of agricultural produce proves too large for comfort, says Mr Mullakara Ratnakaran, Agriculture Minister. Among the list ... More

INFRASTRUCTURE
Rail link proposed for Bangalore international airport
The dedicated rail line will cover around 35 km More

Freight corridor: Rly Board to present case to GoM
The Railway Board has started working for presenting its dedicated freight corridor proposal to the Group of Ministers, with the Government decision to refer the matter to GoM. "We are preparing for the presentation of our case to the GoM," the ... More

PSU
AP to pursue reforms in 30 PSUs, coops
Third phase of APERP action plan to cover 10 undertakings More

FACT posts Rs 236 cr net profit
The Fertilisers and Chemicals Travancore Ltd (FACT), consequent on the implementation of a financial relief package by the Centre and stringent cost cutting measures coupled with maximisation of capacity utilisation, has registered a net profit ... More

PETROLEUM
ONGC, GAIL sign gas supply agreement
Oil and Natural Gas Corporation Ltd (ONGC) and GAIL (India) Ltd have signed a gas supply agreement (GSA) for the gas supplies from ONGC oil and gas fields. Prior to the execution of this GSA, sale and purchase of gas between the two companies was ... More

POWER
K.K. Birla group to invest in new power plants
Investment under CDM to generate carbon credit More

SSI
NSIC symposium
National Small Industries Corporation Ltd is holding a symposium on small and medium enterprises financing and credit rating here on ... More

COAL
`Coal key to India's energy security'
But eco issues need to be addressed: World Coal Institute chief More

EDUCATION
Indian B schools weaning away students heading for US
Courses at affordable cost, attractive pay packets to retain talent More

Course in Actuarial Management
The ICFAI Business School, Mumbai, (IBS-M) in collaboration with DS Actuarial Education Services has launched a one-year postgraduate diploma course in Actuarial Management. The course, which would commence in August this year, ... More

Efforts on to make IIP deemed varsity
The Ministry of Commerce and Industry is approaching the University Grants Commission for grant of deemed university status for the Indian Institute of Packaging, said Mr P. K. Dash, Joint Secretary, Ministry of Commerce and ... More

MEDICAL INSTITUTIONS & HOSPITALS
Metropolis Health Services sets up facility in Salem
Referral laboratory chain Metropolis Health Services (India) Pvt Ltd has established its presence in Salem by setting up its facility at the Providence hospital there. It has joined hands with 14 hospitals across the country and is in talks ... More

INDUSTRY ASSOCIATIONS
CII road show, seminar today
The Confederation of Indian Industry (CII) is organising a road show and seminar here on Saturday, at Hotel Park, on its role in promoting industry and business excellence, according to a press release issued here on Friday. Mr ... More

DISINVESTMENT
Panic selling shakes Sensex
PM resignation rumours lead to 258 point loss More

HUMAN RESOURCES
500 ITIs to be Centres of Excellence
The Government will declare 500 Industrial Training Institutes (ITIs) as Centres of Excellence to impart vocational training in specialised areas, said Mr Chandra Sekhar Sahu, Union Minister of State for Labour and Employment. To ... More

REGULATORY BODIES & RULINGS
Licence fees only from telecom biz, says TDSAT
To result in Rs 500 crore gain for telecom operators More

INCOME TAX
The ordeal of multiple proceedings
The I-T Department's approach to taxpayers must be one of assistance, not confrontation More

An ephemeral measure
Form 2F caters to the non-business class which largely includes the salaried, by far are the most tax-compliant thanks to the TDS scheme. More

EXPORTS & IMPORTS
Govt confirms resumption of wheat imports from Australia
The Union Government on Friday confirmed that wheat imports from Australia have resumed following resolution of a dispute over presence of ergot (a fungal pathogen) in shipments. The State Trading Corporation of India had, in its February 20 ... More

STANDARDS & BENCHMARKS
`Coimbatore can lead India as creative product developer'
To sustain growth, conservation of natural resources vital: CII Coimbatore More