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INDUSTRY & ECONOMY
EXPORTS & IMPORTS:
Problems dog basmati rice export industry
Trademark grant by Pak authorities causes setback. New Delhi, Aug 18 The Rs 6,000-crore basmati rice export industry appears to be in the throes of trouble as it is beset by a slew of adverse developments, both domestic and external, that ...
POWER:
PVP Ventures plans big investments in power
Malaxmi Energy merger to facilitate larger role. Chennai, Aug. 18 PVP Ventures Ltd is set for major investments in the power sector with the proposed merger of Malaxmi Energy Ventures with ...
NON-CONVENTIONAL ENERGY:
‘Tamil Nadu unattractive for wind farms’
Indowind says costs are rising but State’s tariffs remain lowest. Chennai, Aug. 18 The Chennai-based Indowind Energy Ltd (IEL), an independent power project company in renewable energy, finds Tamil Nadu unattractive to ...
SSI:
ICICI Bank to launch private equity fund for SMEs
Fund will have no linkages to ICICI Venture Funds Management Co. Kolkata, Aug. 18 ICICI Bank is planning to launch a private equity fund for the small and medium enterprises (SMEs) soon, said Mr Sanjeev Sehrawat, General Manager, Business ...
TAXATION:
KSEB to levy fuel surcharge
The Kerala State Electricity Regulatory Commission (KSERC) has permitted the State Electricity Board (KSEB) to levy a fuel surcharge of 50 paise per unit from consumers with effect from August 20. ...
RADIO/TV:
Big TV set for launch today
Mumbai, Aug. 18 Big TV, the direct-to-home (DTH) television venture of the Anil Dhirubhai Ambani Group, is all set to be formally launched on Tuesday. ...
SSI:
‘SMEs should have comprehensive IT policy’
Coimbatore, Aug. 18 While adoption of IT by the small and medium enterprises has by and large been good, they need to have a comprehensive IT policy, Mr Ravichandran, Director (Sales), Intel – South Asia, ...
NON-CONVENTIONAL ENERGY:
Indowind may opt for follow-on issue
Chennai, Aug. 18 Having used up the Rs 81 crore it raised from an IPO last September and with more capital projects on hand, Indowind Energy Ltd (IEL) is planning to come out with a follow-on ...
PETROLEUM:
Deora to meet oil PSU chiefs today
New Delhi, Aug. 18 The Petroleum Minister, Mr Murli Deora, has convened a meeting of oil PSU chiefs on Tuesday to discuss various issues and challenges faced by them as well as the implications of the recommendations of high powered B.K. ...
EXPORTS & IMPORTS:
Pakistan cuts Coonoor tea purchases
Coonoor, Aug. 18 Pakistan, which was the mainstay of the CTC leaf market at the auctions of Coonoor Tea Trade Association (CTTA) for a few months now, reduced its purchases at Sale No: 33 this week in the backdrop of Tea Board’s exposure ...
HANDLOOM:
Handloom show from Oct 17
A two-day handloom show and a handloom buyer-seller meet will be held here on October 17 and ...
RURAL DEVELOPMENT:
Postal scheme to aid rural people
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Markets (Aug 18)
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| Nifty (at close) | 4393.05(-37.65) |
| US Dollar (Buy/Sell) | 43.23/24 |
| Brent crude (a bbl) Rs | 4,741 |
| Gold (a gram) Rs | 1,073 |
| Silver (a kg) Rs | 20,025 |
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