The Hindu Business Line : Friday, January 11, 2008

ECONOMY
How to bankrupt households and enrich corporates
In the US Fed’s money multiplying game, the player that stakes its money, the household, is destined to lose, and someone else — the corporate, that is already chosen to win — is certain to gain. The Fed is thus gambling not just wi th family money but with the idea of family itself, says S. GURUMURTHY. More

FOREIGN TRADE
India, China to sign MoUs in rail, housing, other sectors
New Delhi, Jan. 10 During the three-day visit of the Prime Minister, Dr Manmohan Singh, starting Sunday, India and China will sign five Memoranda of Understanding (MoUs) across various sectors. The two sides will sign MoUs for cooperation in ... More

Cabinet nod for MoUs with Italy
The Cabinet on Thursday approved signing of two MoUs with Italy for cooperation in agriculture and food sectors. Mr P.R. Dasmunsi, Minister for Information and Broadcasting, said after the Cabinet meeting, “The two MoUs between India and ... More

INFRASTRUCTURE
L&T’s integrated shipyard, port plan gets TN nod
Facility to come up at Ennore with an investment of Rs 2,000 cr More

‘Developing infrastructure, supply chains main challenges for retail’
Hyderabad, Jan. 10 Enhancing country-wide infrastructure and establishing uninterrupted supply chains are some of the main challenges before the retail industry in developing countries, including India, according to Prof Kathleen A. Krentler ... More

PSU
Rail Wheel Factory takes the expansion track
Expects to nearly double wheel, axle capacity this fiscal More

PETROLEUM
MRPL’s fuel retailing outlet
Mangalore Refinery and Petrochemicals Ltd (MRPL), which is foraying into fuel retailing, will open its first retail outlet at Maddur on Mysore-Bangalore highway on January 12. The retail outlet under the brand name HiQ will be inaugurated by Mr ... More

PHARMACEUTICALS
US FDA to adopt collaborative approach for biosimilar imports
To work out a case-based mechanism More

POWER
Over 100 cos show interest in energy exchange membership
Mumbai, Jan. 10 The Indian Energy Exchange (IEX) has received expression of interest from over 100 companies for membership. Among them, over 50 are expected to complete compliances during the first phase of trading.Some of the ... More

TAXATION
Tax breaks for industrial parks
Bid to boost private investments More

Karnataka finance panel report likely by June-end
Incentives to local bodies mooted for tax collection More

SSI
‘Use Nimsme as platform for learning, sharing experiences’
Hyderabad, Jan. 10 The National Institute for Micro, Small and Medium Enterprises (nimsme) launched its Phase-III of the International Executive Development Programmes (2007-08) on Thursday.The Chief Guest Mr N. Ravi, Secretary (East), ... More

COAL
Nod for track doubling in Gujarat
In order to handle coal transportation for thermal power plants in Gujarat, the Cabinet Committee on Economic Affairs today gave its approval for doubling of Udhna-Jalgaon rail section (306.93 km) with electrification. The project will be taken ... More

RADIO/TV
Channel sharing: Tata Sky, Sun TV settle row
New Delhi, Jan. 10 DTH company Tata Sky and Sun TV today informed the Telecom Disputes Settlement and Appellate Tribunal that the two have settled their differences over sharing of channels. Tata Sky had in 2006 filed a case against ... More

EDUCATION
College-to-corporate programme
More

CARS
‘Renault-Bajaj small car to be totally different’
Despite Bajaj Auto’s claim that the prototype of its small car will closely resemble the actual one when it is ready for launch and that Renault’s engagement in the project would primarily be on the technical and manufacturing ... More

Mitsubishi to launch electric car in India
New Delhi, Jan. 10 Mitsubishi Motors expects to launch its electric vehicle in India in a few years while the Outlander SUV will be manufactured locally.Hindustan Motors’ Managing Director, Mr Ravi Santhanam, and Mitsubishi Motors ... More

GM to get feedback before launching Hummer, Cadillac
General Motors India, which unveiled five of its globally acclaimed production and concept vehicles here, said it may consider introducing the Cadillac CTS and Hummer H3 in India by the year-end, if they found consumer feedback to be ... More

Hyundai plans to launch ‘public’ car
Not to join race for 1-lakh car category More

SIDELIGHTS
Media waited with bated breath
There has been a building up of hype and anticipation about the Tata People’s car not just in India, but also globally. And that has only been fuelled further by what seemed to be an impossibility of pricing it at $3,000, the world’s ... More

Honda Siel to unveil small car Jazz by 2009
80% of parts to be sourced locally More

QarmaQ concept
More

Critics snubbed
The Tata People’s car has been the subject of much speculation not just regarding its viability, but also its safety, emissions and even its very name. Mr Ratan Tata had the last laugh today and he used every opportunity he had to pepper ... More

Celebrity visitors
Two celebrity visitors of note at the launch of the Tata Nano were Mr Rahul Gandhi, General Secretary of the Congress (I) and a youth icon, who not just visited the Tata pavilion, but also insisted on getting a touch and feel of the ... More

Hyundai-i10 bags award
The seventh edition of the CNBC-TV18 Autocar Auto Awards were announced on Thursday, with Hyundai – i10 driving away with the Car of the Year Award 2008 while Bajaj – XCD DTS-Si zoomed away with the Bike of the Year Award. The award ... More

AUTOMOBILE COMPONENTS
Nano launch triggers sell-off in auto ancillary stocks
Auto ancillary stocks took a knock on the bourses on the launch of Tata Motors’ Rs 1-lakh car Nano on Thursday. According to market participants, this would trigger a rate war among vehicle manufacturers. Analysts tracking the auto sector ... More

FOODS & FOOD PROCESSING
Packaged diet
What are the healthy alternatives in the market? More

REAL ESTATE & CONSTRUCTION
PUNE REAL ESTATE - A WIDE ANGLE VIEW
The good life, within reach
Integrated, self-sufficient townships are emerging as the latest option to beat the harried, hurried lifestyle of the city. For most urban dwellers of today, life is one protracted battle against time. Long commutes through monstrous ... More

Pune garners Rs 45,000-cr investment
If Pune is witnessing a heavy action, it is not without any reason. Investments are fast flowing into the district and according to statistics, it has brought in to itself investment as close to as Rs 45,000 crore, during the past three years, ... More

As Pune grows, its realty can’t lag behind
Pune can no longer be described as a pensioner’s paradise. It is bubbling with energy and has blossomed into a major IT and automotive hub, not to speak of its educational institutions, service industries and hospitality. Pune Tithe Kay Une ... More

Head for the hills
Lavasa, the first ‘planned’ hill station of the post-independence period, is well on its way to development. The fortuitous proximity of the Sahyadri hills makes week-end escapades from Pune’s blistering summer a mere ... More

The digital edge
Biometric security systems, climate control and appliances that can be switched on and off via the mobile phone or internet – digitally-enabled homes are here to stay. Almost every housewife will reluctantly admit to a measure of neurosis ... More

Demand for quality houses on the rise
A decade ago, Pune was more of a pensioners’ paradise. And it was also always said of Pune that the English speaking urban class preference for stay was in the camp area while the Marathi speaking people preferred the interiors of the ... More

Advantage, senior citizens
The Pune-based Paranjape Schemes has designed houses and set up complexes especially for senior citizens.We live in an age where average life expectancy has grown enormously. Consider these statistics: All over the globe, a million persons ... More

Mega Property Exhibition from Jan 11-13
The Promoters and Builders Association of Pune are hosting the Eighth Mega Property Exhibition from January 11 to January 13 at the SSPMS grounds. The exhibition would have 68 builders with over 300 projects on display.Talking to ... More

Red Fort launches domestic fund
More

SLP against Lanco Hills dismissed
More

BIO-TECH & GENETICS
Role of genes in diseases unearthed
Hyderabad, Jan. 10 As scientists research more on genes, the greater is the evidence that is emerging in the role they play in a wide range of human diseases.For common man as well as the clinician, understanding this important role of ... More

SCIENCE & TECHNOLOGY
Creative connect
This US-based nanotech expert started off by making friends with learning in a small town in Kerala. More

DISINVESTMENT
RITES initial public offering likely in April
Government holding to come down to 72 per cent More

FOREIGN DIRECT INVESTMENT
IL&FS Trust seeks FIPB nod for funds from Mauritius
New Delhi, Jan. 10 IL&FS Trust Company Ltd (ILFSTCL) — on behalf of Tara India Fund III Trust — has sought the Foreign Investment Promotion Board’s nod to accept contributions up to $75 million from a Mauritius company, ... More

RURAL DEVELOPMENT
Win-win ideas
UN honour for two Indian projects that impact rural lives. More

EVENTS
Accountancy professionals, corporates to get more freedom
Gupta hopeful of Limited Liability Partnership Bill enactment More

Market for Robots to rise 4.2%
The world market for industrial robots is projected to rise by a yearly average of 4.2 per cent going up to 139,300 units in 2010 and in India the industry is expected to grow by 2-2.5 times of the global average. The expo will witness launch of ... More

Rs 24 cr for participation in World Expo
New Delhi, Jan. 10 The Government has approved an allocation of Rs 24 crore to India Trade Promotion Organisation (ITPO) for facilitating India’s participation in the World Expo, to be held in Shanghai, from May 1 to October 31, ... More

ENTREPRENEURSHIP
Entrepreneurship, higher education key areas for talks with UK
New Delhi, Jan. 10 Entrepreneurship and higher education will be the two key areas of discussions between industry representatives of India and the UK, when a trade delegation from that country comes calling, accompanied by the Prime ... More

EXPORTS & IMPORTS
ECGC seeks Govt nod for ‘inward reinsurance’
Mumbai, Jan. 10 Export Credit Guarantee Corporation of India has sought government approval for offering ‘inward reinsurance’.Inward reinsurance is the term used for reinsurance offered by an insurance company. ... More

Low value-added forms hampering tuna exports
More