Business Daily from THE HINDU group of publications
Friday, August 18, 2006
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INDUSTRY & ECONOMY

CLIMATE & WEATHER
Depression crosses over; rain deficit stays at 2%
Heavy rainfall likely over Jharkhand, Chhattisgarh More

ECONOMY
NCAER raises GDP growth forecast to 7.9 pc
Modest improvement in projection due to better performance of industrial, services sectors More

FOREIGN TRADE
India-EU tie-up on nanotechnology
The European Commission sponsored EuroIndia project has announced the launch of its Web site www.euroindianet.info. Designed to promote stronger collaboration between EU and Indian ... More

HEALTH
Harvard expert mulls clinical research centre in Hyderabad
Contract research project to focus on stem cells More

PSU
DoT readies revival package for ITI
On cards: Less dependence on BSNL, more tech partnerships More

KFC makes Rs 1.77-cr net profit
State finance corporation makes impressive turnaround More

PETROLEUM
NCDEX, MCX interpret FMC order differently
Fresh open interest positions during last 5 days of forward contracts More

PHARMACEUTICALS
Pharma park at Nanguneri planned
Facilities for 50 large units, 10 ancillaries More

SUGAR
`Long-term outlook strong for sugar'
`The forecast for the year is that the demand will outstrip supply very slightly.' More

COAL
Correction
With reference to the report titled `Dubai firm to acquire coal mine in Indonesia' which appeared in these columns on August 13, the turnover of Coal and Oil Company LLC was wrongly reported as Rs 16,000 crore instead of Rs 1,600 crore. The error ... More

RADIO/TV
Cable operators for upward revision in CAS tariff
The six stakeholders who have responded to the Telecom Regulatory Authority of India (TRAI) on the issue of the tariff ceiling that should be charged for basic service tier in the conditional access system (CAS) areas have called for an upward ... More

EDUCATION
MBA graduates urged to work for country's development
Dr N.K. Thingalaya, former Chairman and Managing Director of Syndicate Bank, has urged MBA graduates to work for the development of the country. Speaking at the inauguration of a `bridge course' for the ninth batch students of the MBA course at ... More

Call for common forum to address knowledge issues
The challenges include inadequacy of educational infrastructure and research facilities. More

BEVERAGES
CII satisfied on Bengal stand on cola
The President of the Confederation of Indian Industries, Mr R. Seshasayee, on Thursday expressed satisfaction at the process undertaken by the Government of West Bengal in arriving at a decision with respect to the cola ... More

MEDICAL & SURGICAL EQUIPMENTS
Wipro registers 40 pc growth in medical equipment sales
Wipro GE Medical Systems, leaders in medical diagnostic technology, has registered a 40 per cent growth in the sale of medical equipment in Kerala last year. The company, which achieved a business of Rs 46 crore last year, is targeting a ... More

REAL ESTATE & CONSTRUCTION
HM appoints HDFC as advisor for Bengal land sale
State Government's permission sought for the move More

`Real estate transparency in India better'
Marked improvements in entire Asia-Pacific region More

DLF IPO may take time
DLF's initial public offering (IPO) is unlikely to hit the market soon, according to industry sources. "The problem of rights issue of debenture for minority shareholders is yet to be resolved and hence, the IPO will not come soon," a market ... More

LEATHER
Centre to give aid for Bengal footwear park
The Union Government has agreed in principle to extend financial assistance to help implement a proposal for setting up a "footwear park and rural footwear service centre" in West Bengal. The proposed park will have common infrastructure fitted ... More

INDUSTRY ASSOCIATIONS
`Oil price rise, interest rate hike impact biz confidence'
`70 pc cos report rising raw materials cost as a constraining factor' More

SCIENCE & TECHNOLOGY
Nuclear deal: PM firm on `acceptable basis'
`Deviations from July 18 statement not acceptable' More

FOREIGN DIRECT INVESTMENT
Law soon to regulate FDI flows in sensitive areas: Kamal Nath
`There is no need to act in haste on colas issue' More

SOCIAL WELFARE
Moving images
Armed with cameras, children question the status quo in their lives. More

EVENTS
Juki expo in Chennai from today
To showcase household sewing machine range, other products More

Cola ban to be discussed at economic meet
The ban on aerated beverages by some States and its impact on the foreign direct investment in the country will be discussed during the 3rd Indo US Economic Summit to be held next month under the auspices of the Indo American ... More

INCOME TAX
SBT `tax saver deposit scheme'
The State Bank of Travancore (SBT) has launched a "tax saver deposit scheme" with effect from August 16, 2006. The depositor in the scheme can claim income tax deduction up to a maximum of Rs 1 lakh under Section 80C of the Income Tax Act in a ... More

EXPORTS & IMPORTS
Wheat prices flare up again
Futures contracts top Rs 1,000 a quintal; spot rates at Rs 966 More






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Top Stories
Cos borrowed $ 3b overseas in April, May

Non-life insurance market up 10 pc in Q1

Insurance cos ready to offer special cover for ports

H1 gold consumption down on high prices

NCAER raises GDP growth forecast to 7.9 pc

`Real estate transparency in India better'

Dosa now on world cuisine

On ethical investment

Global tea output may decline by 45 m kg

Looking back
Aug. 6-Aug. 12
`China scores over India in low-cost drug manufacture'

Global non-woven textiles growth seen at 8 pc

Hewitt study identifies HR challenges for M&A success

Fundamentals continue to keep crude prices firm

Mills saddled with excess molasses, alcohol

Infrastructure sector needs $331-b investment: CII

Sugar stocks up on hopes of ethanol pricing issue

POSCO reduces land area for steel mill

`Indo-US nuclear deal on track'

Tata Sky launches DTH service

What's hot is air-conditioning!

Passenger car sales jump by 28 pc in July

AP tops in NRI remittances

`Hurricanes may push crude beyond $80'

`Tax returns mandatory on income over Rs 1 lakh'

`Desi' semiconductor biz is `all chip shape'

Bunching of imports driving up wheat prices

Cola sales may lose less fizz this time round

Excise duty collections up 7.8 pc in April-July

SEZs: Developers, units making hay while the sun shines

Automated peeling machine — A solution to sago, starch-making sector

Call for exempting newsprint from VAT

Headline inflation under control: Chidambaram


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