INDUSTRY & ECONOMY
NON-CONVENTIONAL ENERGY
Karnataka Bank pact with Sun Technics
Karnataka Bank Ltd has entered into a memorandum of understanding (MoU) with Sun Technics Energy Pvt Ltd for financing the purchase of solar water heating and home light systems. A bank release said here on Thursday that the ...
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BUDGET
Chidambaram to hold pre-Budget talks from today
Indications are that tax exemptions and concessions will figure prominently in pre-budget talks this year.
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CEMENT
Cement prices likely to harden on rising demand
Rates may increase further by Rs 15-20 per bag
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CONSUMER ELECTRONICS
Consumer electronics industry seeks tax parity with IT
Convergence blurring the difference, says CETMA
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ECONOMY
Sriperumbudur: A boomtown beckons
With a host of companies descending on Sriperumbudur to set up a spectrum of units, the once sleepy town near Chennai is transforming in a hurry. The changes most visible are in its socio-economic structure, with land value soaring over night and, mo re importantly, the local people getting paying jobs. For the companies, the draws are the proximity to a port, good infrastructure and availability of quality manpower, though as more and more units are set up, labour availability is becoming an iss ue. R. RAVIKUMAR and VINAY KAMATH survey the HR scene in the boomtown. "We are transporting all our workers, and the further afield we have to go the more expensive it will become. In a competitive business, every small increase will have serious c
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Kerala Opposition walks out in protest against price rise
State Govt blames Centre, hike in petrol, diesel costs
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ELECTRONICS
Electronics body plans to organise shows
The Electronic Industries Association of India and Exhibitions India Ltd plan to organise an international exhibition and conference on Indian electronic hardware and manufacturing services industry next year. The third international exhibition ...
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FOREIGN TRADE
`Last mile EDI connectivity by end March'
DGFT gearing up to offer better services
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HEALTH
Australian healthcare council to open office in India
The Australian Council on Healthcare Standards (ACHS), through its subsidiary, ACHS International (ACHSI), and its partner, Quality Health Australia (QHA), will be opening its office in India early next year to offer the ACHS Accreditation ...
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INFRASTRUCTURE
Task force submits report on Dakshina Kannada, Udupi
State planning board likely to consider some recommendations
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Govt to identify 25 sites for merchant power plants
Targeting capacity addition of 15,000 MW to meet demand
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PETROLEUM
We may gasp less for gas
The latest report card of the economy from the Finance Ministry has a lot to say about gas. Of interest to energy-watchers should be a section titled `Status of Development of Gas Discoveries' in the 72-page document titled, `Outcome of the ...
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No fuel
SCENE AT a petrol pump at Noida (Uttar Pradesh) during the indefinite strike called by the petrol traders' association on Thursday, demanding reduction in sales tax. ...
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POWER
Maharashtra to hand over 4 new circles to pvt cos
Power distribution losses over 50%; feasibility study under way
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Lanco signs pact for mega power plant in Jharkhand
Lanco Infratech Ltd entered into a memorandum of understanding with Jharkhand Government on Thursday for a 2,640 MW mega coal-based power plant. The development comes close on the heels of the recent deal for 4,000 MW ultra mega project at ...
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Energy review
THE STUDY IS ON: The Chief Minister, Mr H.D. Kumaraswamy (left), and the PWD Minister, Mr H.D. Revanna, at an energy review meeting at Vidhana Soudha on Thursday. Also seen is the Energy Secretary and BMP Administrator, Mr Dilip Rao. ...
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STEEL
A year of consolidation for steel sector
Appetite for inorganic growth rising for domestic players
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TEXTILES
Priyadarshini Mills uses Axapta ERP
Priyadarshini Spinning Mills Ltd has implemented Axapta of Microsoft Dynamics Ax for its ERP (enterprise wide resource planning). In a press release here, Mr Harish Cherukuri, Managing Director, said this was the first textile ...
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SSI
Tanstia seeks VAT exemption
`Treat small manufacturers like traders'
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WATER
Satya Sai Samiti completes water project
Sri Satya Sai Seva Samiti has completed a major project meant to provide drinking water to Chennai — the cement lining of Kandaleru-Poondi canal at a cost of Rs 200 crore — and there is a likelihood of the formal ...
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COAL
Tata Power looking at coal mines abroad; Lanco in talks for Chinese equipment
The two companies awarded contracts for ultra mega power projects
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RADIO/TV
Dish TV upbeat on CAS entry
The metro-game is set to change drastically once Delhi, Mumbai and Kolkata shift to conditional access system, says Mr Arun K. Kapoor, Chief Executive Officer, Dish TV, the DTH (Direct-To-Home) television channel provider. According to Mr ...
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EDUCATION
Tripura ICFAI gets UGC tag
The University Grants Commission has included the Institute of Chartered Financial Analysts of India (ICFAI), Tripura, in the list of universities maintained by UGC. ICFAI offers programmes in finance, management, banking, ...
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REAL ESTATE & CONSTRUCTION
IDBI Bank to e-auction Boat Club property
IDBI Bank has called for prospective buyers to participate in an e-auction for a one-lakh sq ft property on Boat Club Road, a prime residential locality in Chennai. This is the second attempt by IDBI Bank to sell the property through an online ...
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INDUSTRY ASSOCIATIONS
Re-elected FIEO Chairman, South
Mr A. Sakthivel, Chairman, Federation of Indian Export Organisations (FIEO) - Southern Region, has been re-elected as Chairman of the organisation, according to a press release. He has also been unanimously elected as All-India ...
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FOREIGN DIRECT INVESTMENT
Landmark year for insurance sector
Free pricing, new players, more penetration
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TOURISM
Decks cleared for Kerala Tourism's eco-initiative
The decks have been cleared for the implementation of Kerala Tourism's `Eco-Kerala' eco certification scheme. Orders have been issued for constituting district-level committees to carry out the inspections required to implement the scheme, said ...
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ECONOMIC OFFENCES
Warning against employing pvt individuals in Govt offices
The Tamil Nadu Government has issued a warning that it would view seriously employment of private individuals in the Government offices, done mainly by officers in their personal capacity. The practice should be ended forthwith and "all ...
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BOOKS
Book on water conflicts in India
A book on Water conflicts in India - A million revolts in the making was released here under the aegis of Forum For Policy Dialogue on Water Conflicts in India. The book is a compilation of 63 case studies of conflicts ...
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