The Hindu Business Line : Tuesday, July 18, 2006

`India is on a roll and people are betting on it'
India has done well. Earlier there was a feeling that it had political instability; governments come and change policies. Now there is conviction that whatever the government in power, economic reforms go on. — MR GOPINATH P ILLAI, Chairman, Gateway Distriparks Ltd, Mumbai, and Institute of South Asia Studies, Singapore More

ELECTRONICS
Curb electronic imports: Assocham
Assocham has asked the Government to curb excessive imports in the electronics industry by considerably raising customs duty. It has also asked the Government to do away with high internal tax regime for the industry to allow ... More

Sale of security gizmos rises after blasts
Experts feel monitoring systems can prevent subversive activities More

INFRASTRUCTURE
Paradip plans to double cargo handling capacity
To be achieved through construction of new dock system More

Weekly paper on infrastructure sector
ASAPP Media Pvt Ltd, publishers of Construction World and Infrastructure Today are launching a new weekly newspaper called Projects Info. This all-colour newspaper will be on the infrastructure industry and will focus on business ... More

PETROLEUM
Marketing exclusivity for city gas distribution under study
Views for and against the policy were discussed at a recent meeting More

POWER
Cos evince interest in Dakshina Kannada hydroelectric projects
Steps to prevent submergence of farm lands assured More

SHIPPING
Insurance against shipwrecks: Indian cos ask for more time
They ask the Govt to keep in abeyance new rules regarding insurance cover More

TEXTILES
Subsidy to recharge textile sector
An additional Rs 1,000 crore subsidy under the Textile Upgradation Fund Scheme (TUFS) reportedly provided by the Finance Ministry will recharge the textile sector, marketmen feel. The additional funds may be utilised to meet subsidy ... More

RADIO/TV
MTV India to offer 360-degree brand solutions
It is going to be 360-degree brand solutions at MTV India from now on. The company has already reduced commercial time on its various channels by 30 per cent this year and plans to reduce it further in the months to come. It instead plans to ... More

EDUCATION
British Council annual briefing meet
The British Council is organising the annual pre-departure briefing here at the Residency on July 18 for students who have received an offer of admission form in an UK institution. The briefing session, according to a release ... More

AUTOMOBILE COMPONENTS
Pricol may begin production in Indonesia from December
Also plans to set up unit in Iran to sell its products More

MEDICAL INSTITUTIONS & HOSPITALS
Diagnostic centre in Hyderabad
Pharma major Nicholas Piramal India Ltd (NPIL) has expanded its network of advanced diagnostic centres with the launch of a new one in Hyderabad today. `Wellspring', the pathological laboratory 7 diagnostic centre was today inaugurated by the ... More

REAL ESTATE & CONSTRUCTION
Stocks riding on realty sector among the worst hit in market meltdown
Unitech remains firm despite weak sentiment; Ansal Buildwell, Ansal Housing lose by 60% More

READYMADE GARMENTS
Israel may grant duty-free apparel imports
The Israeli President, Mr Moshe Kazav, has assured that Israel would consider the possibility of providing duty-free status to apparel imports from India. This assurance was given in Tel Aviv when a delegation of Confederation of Indian ... More

MINING & QUARRYING
Bangladesh keen to develop mining sector with Indian help
IICM to help Petro Bangla develop skilled managerial personnel More

IPR
India, France sign MoU in IP
India and France have signed a memorandum of understanding for cooperation in the field of intellectual property. The MoU will further the commitments made by the two Governments for cooperation in this field during the visit ... More

RURAL DEVELOPMENT
AP to speed up work on rural Net centres
The Andhra Pradesh Government expects to speed up the implementation of about 2,000 Rajiv Internet Village Centres by the end of 2006. After a review meeting of some IT initiatives undertaken in the State, the Chief Minister, Dr Y.S. ... More

HUMAN RESOURCES
Hewitt launches Asia-Pacific salary increase survey
Hewitt Associates, a human resources company, on Monday announced the launch of the Hewitt Asia-Pacific Salary Increase Survey 2006-07, which examines compensation, performance, variable pay, and long-term incentive trends and attrition rates ... More

TRADE & LABOUR UNIONS
Jute mill workers protest
Workers of three jute mills here staged a demonstration in front of the Collectorate on Monday in protest against the Government order (GO) banning strikes in the mills - East Coast, Aruna, and Bobbili - under the same ... More

EVENTS
`Value addition is more important'
Management guru out with new marketing formula More

INCOME TAX
File tax returns early: CBDT
The Central Board of Direct Taxes (CBDT) on Monday urged taxpayers under the `individual' category to file their income-tax returns ahead of the July 31 due date to avoid the last day rush. A CBDT spokesperson told reporters ... More

EXPORTS & IMPORTS
Shrimp exporters seek hike in ECGC cover
US anti-dumping duty hits exporters, shrimp farmers hard More

ECONOMIC OFFENCES
Panels to probe Kerala co-op sector malpractices
No political vendetta, says Minister More