The Hindu Business Line : Thursday, November 16, 2006

EMPLOYMENT
Global investment banks, consulting firms a hit at IIM (B)
Global investment banks and consulting firms are the hotspots this summer for students of the Indian Institute of Management, Bangalore. Over 68 per cent of the students chose investment banks for their internship programme in the summer of ... More

NON-CONVENTIONAL ENERGY
National body for bio-diesel producers
With the main objective of encouraging bio-fuels, especially bio-diesel, and assuring sustainable agricultural growth, rural development, energy security and equal opportunity for the masses with overall environmental protection, a Biodiesel ... More

IndianOil forms group for implementing biofuel projects
For commercialisation bio-diesel projects More

ECONOMY
Will `emerging' economies ever emerge?
The term `less developed countries' was replaced by `emerging economies' to allow for the possibility that some day, some how, these countries would achieve per-capita income levels above $10,000. But apart from South Korea, most of the others ... More

Trade promotion board mooted to attract investments to Kerala
Panel recommendations likely to be included in new industrial policy More

ENGINEERING
Meet to showcase engg exports capability
The Engineering Export Promotion Council (EEPC) for the first time proposes to hold shortly a mega meet with overseas buyers to showcase India as a major exporter of engineering goods. To be known as India Engineering Meet, the proposed meet ... More

FOREIGN TRADE
Italy fest to explore investment prospects
India will be the `focus country' for Italy in 2007, making it the preferred destination for investments by Italian industry, according to Mr Vittorio Mecozzi, Italian Trade Commissioner. He was addressing a press conference here to highlight ... More

Call for greater Indo-Italian biz ties
Eyeing an Indo-Italian bilateral trade of $10 billion in the next three years, industry chamber FICCI is setting up a "sustainable" platform for engagement in the small and medium enterprises (SME) sector of the two countries. In ... More

Laos invites Indian investors
Laos wants Indian investors to set up businesses there, with the possibility of 100 per cent FDI, according to that country's Vice-Minister of Foreign Affairs Mr Phongsavath Boupha. Speaking at a meeting organised by the CII on ... More

HEALTH
PM flags off youth meet on health
Health is not only an essential ingredient of development - both of individuals and of nations - but a fundamental human right, according to Prime Minister Dr Manmohan Singh, who has said that no civilised society can shirk this ... More

INFRASTRUCTURE
`SEZs not a threat to food security'
Acquisition of land for special economic zones will not have any impact on food security, according to Mr G.K. Pillai, Union Commerce Secretary. "The 237 SEZs that have been given approval so far require only 34,510 hectares. This is just ... More

PETROLEUM
IOC drops plan to take stake in Indonesian refiner
IOC is unlikely to pick up stake in Indonesia's State refiner, PT Tuban Petrochemicals Industries but may seek board approval soon for marketing premium fuels like high-octane gasoline, which are already de-regulated by the Indonesian ... More

Award for BPCL
Bharat Petroleum Corporation Ltd (BPCL) has been awarded the best performer in the Liquefied Petroleum Gas (LPG) marketing category for the year 2005-06, among all the public sector oil companies. Mr Murli Deora, Petroleum Minister, presented the ... More

Petronet may source 1.25 mt LNG from Qatar
"This 1.25 mt of LNG was an additional short-term contract and not part of the already contracted 2.5 mt." More

POWER
DS Constructions, Israel Electric pact
Infrastructure firm DS Constructions Ltd has announced it has tied up with Israel Electric Corporation (IEC) to bid for the Centre's ultra mega power projects. The consortium has already submitted the request for qualification ... More

More time for installing power meters
TNEB's exercise to cost Rs 760 cr More

TAXATION
VAT Bill to be introduced in monsoon session
`Setting up an advisory committee under study' More

TEXTILES
Uzbek woos investors in textile sector
The Government of Uzbekistan on Tuesday announced a series of measures to attract the Indian textiles industry to invest in the country and also said that it was committed to increasing FDI in the sector. "We offer 15 per cent discount on ... More

SSI
4 new German visa centres
The Consulate-General of Germany has opened visa application centres at Chennai, Bangalore, Hyderabad and Kochi, according to a release. South Indian residents applying for visas to Germany can submit their applications at these ... More

New strategy to be charted out for SMEs growth
Software Technology Parks of India (STPI) has enlisted the services of Ernst & Young to chart out a strategy to help accelerate the contribution of the burgeoning SME segment of the IT sector. Mr B.V. Naidu, Director of STPI, Andhra Pradesh and . More

COAL
Bank guarantees mooted for captive coal blocks
More

BREWERIES
Wine and winning
The market for wine in India is expanding, offering marketers a big opportunity. More

RADIO/TV
A Neo approach
Nimbus hopes to be a trendsetter by launching two sports channels — one for cricket, one for other games. However, industry peers are not sure it's a good idea. More

Doordarshan's Indian classics to be shown in theatres
Doordarshan, the television broadcast arm of Prasar Bharati, has produced a series of Indian classics, some of which have never been filmed before. This includes Tamil literary works such as `Chandrikayin Kadhai' by Bharathiar and `Karavai' by ... More

EDUCATION
Tata Elxsi to expand in Kerala
Tata Elxsi is ramping up its presence in Thiruvananthapuram by setting up its own campus here. Mr Nitin Pai, Head - Worldwide Marketing, and Mr R. Natarajan, Head - Thiruvananthapuram Centre, told newspersons here that the foundation stone for ... More

Alumni sponsor scholarships at IIM-A
To support the financial needs of students More

REAL ESTATE & CONSTRUCTION
Use IT and cut costs, Kalam tells construction sector
`Create digital database library of construction practices' More

TRADING
Delhi traders begin hunger strike
Traders in Delhi began their eight-day relay hunger strike on Wednesday demanding the Government to protect them from the on-going sealing drive of commercial establishments in residential areas. The strike, being organised by ... More

WATCHES & ACCESSORIES
Plea to raise abatement rate on watches to 50%
The watch industry has demanded from the Government increase in the rate of abatement to 50 per cent, cut in excise duty and curbing of illegal imports. The All-India Federation of Horological Industries (AIFHI) argued that the present rate of ... More

GENDER
Why the Indian housewife deserves paeans of praise
The country's growth is largely due to the people's efforts, particularly the frugal habits of housewives, who are putting corporates and the government to shame though both are cornering the credit for the economy's performance. R. VAIDYANATHAN says housewives will help realise the country's dream of becoming a superpower. More

WTO
Shrimp row with US: Centre to press for dispute panel
The Centre on Wednesday said it would be reiterating its request for establishing a panel by the World Trade Organisation (WTO) at the next meeting of the dispute settlement body on November 21, against the US customs bond directive on the export ... More

SOCIAL WELFARE
Industry against job quota, reservations in private sector
Presents agenda to Government for voluntary affirmative action More

Against reservation
FOR VOLUNTARY AFFIRMATIVE ACTION: Dr A.K. Dua, Secretary, Department of Industrial Policy and Promotion, at a meeting with representatives of chambers on the reservation policy in the Capital on ... More

RURAL DEVELOPMENT
`Interest rate cap will hurt access to finance'
Attempts to impose interest rate caps have resulted in either distortion of pricing by providers or withdrawal of lenders thereby hurting rather than aiding improving access to finance, says a Working Paper on Inclusive Financial Systems, ... More

EVENTS
Engg export promotion body plans expo in Cairo
8 firms from eastern region to participate More

Seminar on export procedures
The Federation of Indian Export Organisations, set up by the Union Ministry of Commerce, is organising a one-day seminar on effective export management practices at the conference hall of the Gitam Institute of Foreign Trade here ... More

ECONOMIC OFFENCES
Reining in white-collar crime
The activating of the benami law brooks no delay. And the Companies Act should also be amended to provide for disgorgement. More