The Hindu Business Line : Monday, July 28, 2008

INDUSTRY & ECONOMY

SCIENCE & TECHNOLOGY: India’s N-expertise draws biz suitors from France, US
Focus on manufacture of Pressurised Water Reactors and thorium technology. New Delhi, July 27 India’s entry into the global civilian nuclear fraternity may not be a one-way street in terms of technology flows and business opportunities. ...

PHARMACEUTICALS: Pharma cos seek Govt nod to hike prices
Reeling under steep input costs, raw material shortage. Mumbai, July 27 Medicine shortages could be round the corner if the Centre does not step in and stem the combined effects of rising input prices, shortage of raw material from China and ...

CLIMATE & WEATHER: Hydel power output likely to fall sharply
S-W monsoon fails to augment reservoirs across States; utilities forced to downsize generation targets. New Delhi, July 27 Hydropower generation in the country could witness a sharp dip due to the south-west monsoon pretty much fizzling out ...

POWER: The energy challenge
The current debate on the role of nuclear power — and, by extension, the Indo-US nuclear deal — in meeting India’s future energy needs has so far overlooked the importance of demand management. Whether India gets its energy from ...

EDUCATION: ‘HR, the greatest failure of our educational institutions’
Sujit Bhattacharya, Director, Technology and HR, Career Launcher, on what ails our institutes of learning. Given the degree of competition for admission to professional courses today, most serious students try to enrol in a test preparatory ...

HUMAN RESOURCES: Domestic BPO sector to treble revenues by 2012
Number of people employed set to rise four-fold. Mumbai, July 27 There will be an almost four-fold rise in the number of people employed for providing back office services to Indian domestic firms as this industry is expected to more than ...

GOLD & SILVER: Gold to test support, rise higher
Comex gold futures ended marginally higher, coming under pressure from weaker oil prices and a stronger dollar, after better-than-expected economic data from the US. With the global oil price suffering a significant correction in the past week, ...

TAXATION: Capital gains tax
That is a good question. FIIs have been ducking taxation thanks largely to the Indo-Mauritius tax treaty which vests the latter with the power to impose capital gains tax on gains made in the Indian bourses. But ironically there is no capital ...

EDUCATION: IBR Institute launching global MBA programme
Hyderabad, July 27 IBR Institute of International Business Relations – India will be launching ‘Global MBA’ programme at its campus here in ...

PETROLEUM: IOC diesel sales to Karnataka rise 45%
Bangalore, July 27 IndianOil Corporation, Karnataka has said that it had kept pace with the increased demand for diesel in the State by transhipping 9,500 kilo litres during the year to Bangalore alone, registering an increase of 80 per cent ...

HEALTH: 23 emergency management ambulances flagged off
Mr Sambhani Chandrasekhar, State Minister for Health and Family Welfare, flagged off 23 ambulances inducted in the EMRI (Emergency Management and Research Institute) fleet for its ‘108’ service. ...

ECONOMY: Tea industry urged to diversify, provide vocational training
Fallow land near tea gardens must be put to productive use: Assam CM. Kolkata, July 27 The Chief Minister of Assam, Mr Tarun Gogoi, has advised the tea industry to diversify into other areas and ensure multiple revenue-generating streams for ...

INFRASTRUCTURE: IIT-M Research Park cost rises to Rs 300 cr
Demand from cos leads to increase in space & cost. Chennai, July 27 A year ago, when the constructors broke ground for IIT Madras’ heuristic research park project, the cost of the project was Rs 100 crore. Today, the project has ...

TERRORISM: 3 bombs defused in Ahmedabad
Even as the death toll in Saturday’s serial bomb blasts in eastern parts of the capital of Gujarat mounted to 49 today, police detained 20 persons for interrogation and defused three bombs in Ahmedabad and one in Surat. ...

TAXATION: Sikkim businessmen seek tax exemption
Gangtok, July 27 Senior businessmen of Sikkim have sought a resolution for income-tax exemption to be placed before the ensuing Assembly session on July ...

POWER: Kakodkar hopeful of early IAEA nod
New Delhi, July 27 The Atomic Energy Commission Chairman, Mr Anil Kakodkar, on Sunday said he hoped that the International Atomic Energy Agency will approve the safeguards agreement at the earliest to take the Indo-US nuclear deal to its ...

ECONOMY: Timely measures urged for tackling oil prices, inflation
Hyderabad, July 27 Rising inflation and sudden spurts in price of crude oil have a negative impact on the economic growth and the common man gets hit the ...

MINING & QUARRYING: NMDC-CMDC to speed up work at Chhattisgarh mine
Hyderabad, July 26 NMDC-CMDC Ltd, the joint venture between State-run National Mineral Development Corporation and Chhattisgarh Mineral Development Corporation (CMDC), has decided to expedite work on Deposit Number 13 of the Bailadila mines in ...

POWER: TNEB to buy surplus power from cogeneration, captive plants
Chennai, July 27 Tamil Nadu Electricity Board (TNEB) has invited bids from cogeneration unit operators and captive power plant owners to supply surplus power to the ...

HEALTH: India, Brazil, SA to focus on tie-ups in health issues
New Delhi, July 27 Health Ministers of India, Brazil and South Africa will meet on Monday and Tuesday to firm up and push forward cooperation in health sector. ...

PETROLEUM: Tata Projects, Engineers India form joint venture
Chennai, July 27 Tata Projects Ltd and the public sector Engineers India Ltd have formed a joint venture to undertake projects in the hydrocarbon ...

POWER: Plea for workable power model
Coimbatore, July 27 The Southern India Mills Association (SIMA) has demanded a workable model for captive power generation to save the industry from ...

NON-CONVENTIONAL ENERGY: National meet on bio-fuels begins today
Hyderabad, July 27 The Union Ministry of New and Renewable Energy and Administrative Staff College of India (ASCI) will organise a two-day national level discussion on issues that dogged the bio-diesel initiatives in the country. ...

INDUSTRY ASSOCIATIONS: CII opens Vizag branch
Visakhapatnam, July 27 The Confederation of Indian Industry (CII) opened its branch here on Sunday. After inaugurating the branch, Mr B.V.R Mohan Reddy, the Chairman of Infotech Enterprises Ltd and the Chairman of the southern regional ...

SSI: ‘SMEs can cater to defence needs’
CII meet advocates better public-private partnerships. Hyderabad, July 27 There is scope for the small and medium enterprises to cater to the production needs of the armed forces, according to Mr T. Ramachandrudu, Joint Secretary (Supplies), ...