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Wednesday, December 19, 2007
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INDUSTRY & ECONOMY

POLLUTION
Bio-remediation for effluent treatment
Visakhapatnam, Dec. 18 Prof. K.M. Elizabeth of the Department of Microbiology in Gitam University here has succeeded in ammonia removal from industrial effluents through a bio-remediation method and has obtained a patent for the method, which ... More

SOCIAL SECURITY
ESIC to withdraw cases against defaulting employers
New amnesty scheme approved More

BUDGET
Export promotion body pitches for right fiscal framework
For repair, refurbishment services More

COURTS/LEGAL ISSUES
‘Termination of probation for unsatisfactory work was not illegal’
Chennai, Dec. 18 An order of termination of service of a marine engineer on probation by the Tuticorin Port Trust as he was “considered unfit” for further retention was upheld by the Madurai Bench of the Madras High ... More

Tribunal to decide on FLAG-VSNL dispute soon
New Delhi, Dec. 18 The hearing for a $400-million compensation claim filed by Reliance Communications subsidiary FLAG Telecom against Tatas owned Videsh Sanchar Nigam Ltd (VSNL) would be decided by early 2008 by the international dispute ... More

ECONOMY
Corporate tax revenues up 42.37% in Apr-Dec 15
Signals robust profit growth for India Inc More

‘Rising rupee, inflows hit entire industry, not just exports’
PM invites ideas from industry on education More

Fed cuts 25 bps, reserves judgment
More

Setting store by faster and more inclusive growth
More

Kerala Cabinet okays 2008-09 annual Plan
More

ENVIRONMENT
Climate: Right or wrong?
More

HEALTH
Tribal youth remain undernourished: Study
More

INFRASTRUCTURE
Work on Chennai Metro Rail project to begin next year
‘Working of local bodies should improve for planned urbanisation’ More

AP order on tax sops to SEZs soon
Hyderabad, Dec. 18 The Andhra Pradesh Government will issue orders providing for a wide range of tax exemptions being sought by the developers of special economic zones soon. “The Andhra Pradesh Special Economic Zones Bill has been sent ... More

Marg Const plans SEZ in Tamil Nadu
More

New Chennai’s SEZ notified
The multi-service special economic zone being set up by New Chennai Township Pvt Ltd, a wholly-owned subsidiary of Marg Constructions Ltd, has been formally notified as a SEZ by the Centre, according to information provided by the company to the ... More

PETROLEUM
Bengal plans petroleum zone
Controversies notwithstanding, the West Bengal Government is making steady progress towards setting up a Petroleum Chemical and Petrochemical Investment Region (PCPIR) centring around Haldia. The State is now banking on development ... More

TEXTILES
‘Textile industry facing competition from neighbours’
Mumbai, Dec 18 Indian textile exporters are facing tough competition from Bangladeshi, Sri Lankan and Pakistani exporters who get benefits from European Union and US, allowing zero duty tariff levels, Mr P. Nayak, Director (Market Research) of ... More

WATER
Plea to study groundwater contamination
Coimbatore, Dec. 18 A group meet on mapping the ‘nitrate contamination in soil and water in heavily fertilised districts’ held in the Tamilnadu Agricultural University (TNAU) here has called for undertaking study to ascertain ... More

EDUCATION
Workshop on aviation education
More

CARS
Regulations for hybrid cars likely by next year
Regulations for homologation of hybrid cars in the country are likely to be put in place in the next one year. A committee, consisting of members from Ministry of Surface Transport, Ministry of Heavy Industries and top officials from companies ... More

AUTOMOBILE COMPONENTS
ACMA wants status quo on customs duty
New Delhi, Dec. 18 Surging imports of auto components has led the Auto Components Manufacturers Association to ask the Government to maintain the current duty structure and not reduce it any further in its pre-budget memorandum. Citing ... More

REAL ESTATE & CONSTRUCTION
Lok Housing up on placement buzz
The market buzz around Lok Housing & Constructions suggests that the company is preparing to place a significant amount of shares to certain institutional investors at a substantial premium to the current market price.Attempts by More

Property expo in Kochi
More

INDUSTRY ASSOCIATIONS
IMC global meet on trade, investment next month
Mumbai, Dec. 18 Indian Merchants’ Chamber (IMC) is organising a three-day ‘Global Trade and Investment Conference’ from January 10 to 12 in Mumbai. Delegations of businessmen sponsored by 100 global partner chambers ... More

TN chamber office-bearers
Mr S. Rethinavelu has been elected the President of the Tamil Nadu Chamber of Commerce and industry for 2007-08 at its 83rd annual general meeting held here. He won an election this time to the post to which he had been unanimously chosen since ... More

MINING & QUARRYING
Mineral-rich States want say in new policy, to meet Prime Minister today
Issue of sharing of mining code to be taken up More

MINERALS
Rally against bauxite mining
Visakhapatnam, Dec. 18 The CPI(M) staged a protest demonstration and rally here on Tuesday against the move by the Andhra Pradesh Mineral Development Corporation to undertake bauxite mining in the agency (tribal) tracts of Visakhapatnam for ... More

IPR
Indian Patent Office gets global recognition
New Delhi, Dec. 18 The Indian Patent Office has been recognised as the International Searching Authority (ISA) and International Preliminary Examining Authority (IPEA) by the World Intellectual Property Organisation (WIPO) consisting of more ... More

RURAL DEVELOPMENT
SKS Microfin begins operations in Kerala
Kochi, Dec. 18 SKS Microfinance, a registered NBFC, has launched its operations in Kerala to provide income generating loans and other financial services in a sustainable manner. The company commenced its operations in Ernakulam and ... More

Pvt telcos seek extension of support from USO fund
Setting up of fixed line phones in rural households More

Microsoft offers Rs 1.9 cr to 3 NGOs
Microsoft India has announced a funding of Rs 1.9 crore to three NGOs for facilitating IT access in urban slums and rural areas. The NGOs are Saath Charitable Trust, Smile Foundation and Nasscom Foundation. As part of its ‘Unlimited ... More

TOURISM
Grounded
More






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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
IBM researchers develop ‘Solution Accelerators’

Fox News to provide content for Star’s mobile service

Sharp fall in global cloves output may push up prices

‘Textile industry facing competition from neighbours’

Indian Patent Office gets global recognition

Regulations for hybrid cars likely by next year

Looking back
Dec. 9-Dec. 15
Simple, cost-effective treatment for prostate cancer

Oilmeal exports fall 10% in April-Nov

Standalone health insurer, high risk fund pool proposed

Book claims British King ruled India till 1950

New Rail board norms — Broadbasing iron ore loading points

ICICI Bank to offer tax concessions on NRO deposits

e-payment of direct taxes may be made mandatory

Industrial demand for gold seen rising

MSTC entering iron ore, cement trade

Private equity deals cross $15-b mark in Jan-Nov

Global meltdown will not halt our growth: Montek

India pushed to 3rd place in cashew production

Outlook bright for Indian job market

Global steel prices to go up in ’08: Fitch

Software export target well on track: Nasscom

Maoist cloud over Chhattisgarh rail link initiative

Nasscom moots best practices for cos to retain women talent

Flexibility soon for insurers to invest in IPOs

GoM meet on commodities, oil pricing put off

GE plans setting up wind power equipment facility

Coal India hikes prices by 10%

India is not risky, says RBI Governor

India, Hong Kong plan double tax avoidance pact


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