The Hindu Business Line : Thursday, June 21, 2007

EMPLOYMENT
Campus recruitment at SVEC
Shree Vidyaniketan Engineering College (SVEC) of Tirupati has announced that Tata Consultancy Services, Wipro and Tech Mahindra were among who have recruited from the batch of 2007-2008 with an average salary offer ranging ... More

CLIMATE & WEATHER
Rubber prices falling despite lean output season
Imports, higher stocks, futures blamed for the trend More

COURTS/LEGAL ISSUES
SC reserves order on Motor Vehicles Act provisions
States fail to comply with directions of High Courts, claims petition More

Madras HC ruling on witness not summoned as `party to dispute'
Only when a person was summoned to appear as a party to dispute by the Labour Court, its award would bind him, the Madras High Court has held. Since petitioner came only as witness in present case, Section 18(3) of Industrial Disputes Act would ... More

ECONOMY
The cross migration of retail
Consumption of major FMCG categories increased from Rs 68,000 crore in 2000-2001 to Rs 93,000 crore in 2005-06, according to recently released Central Statistics Office data. However, the scorching pace of rural consumption makes urban sales ... More

Bhutan's revenues set for a boost
With the Prime Minister, Dr Manmohan Singh, dedicating Tala power from Bhutan to an energy-hungry nation, Bhutan's revenues are set to get a boost from Tala's generation. That country's Finance Minister, Mr Lyonpo Wangdi Norbu, had acknowledged ... More

ENGINEERING
NMCC voices concern over rupee appreciation
The National Manufacturing Competitive Council (NMCC) has expressed concerns over the impact of appreciating rupee in the manufacturing sector, especially with reference to the small and medium enterprises (SMEs). "The rupee has appreciated by ... More

ENVIRONMENT
Centre's move to supply CFLs at lower prices
Manufacturers set to earn carbon credits; tie-up with distribution utilities on cards More

FOREIGN TRADE
`India, UK trade ties stronger than ever'
Financial services, IT among key areas of future cooperation More

`Indo-Australian trade can be expanded'
The diverse supply base of Australia in sectors such as food and beverages, consumer goods and IT and communications will allow for significant bilateral investments between Australia and India, according to Mr Aminur Rahman, Consul-General and ... More

HEALTH
Double fortified salt to hit markets soon
Nutrition institute to transfer technology to salt makers, including Tata, Dabur More

HOTELS
Pride Group launches hotel in Chennai
Pride Group on Wedneday launched The Pride Hotel, first of its premium boutique hotels, in Chennai. "We plan to develop hotels in 11 cities including Mumbai, Hyderabad and Cochin," said Mr S.P. Jain, Chairman, Pride Group of Hotels. The ... More

PSU
NIPM annual meet from September 6
The National Institute of Personnel Management (NIPM) will hold its three-day silver jubilee annual conference here from September 6. Among those who are expected to address the leading sessions are Dr Montek Singh Ahluwalia, Deputy Chairman, ... More

`Health of PSUs vital for economic growth'
The initiatives of the Government such as `offset policy' are throwing up many opportunities for Electronics Corporation of India Ltd (ECIL) and efforts are on to capture them for sustained growth and profitability of the company, according to Mr ... More

PETROLEUM
Reddy calls for Union Cabinet deliberations on gas pricing
The exorbitant price quoted by Reliance Industries Ltd and the additional financial commitment at the consumer level work out to about Rs 1,352 crore per annum, resulting in an average tariff increase of 42 paise per unit in fuel surcharge for ... More

LNG terminal: Petronet defers deadline for bids to July 31
Co trying to resolve pending issues with Cochin Port Trust More

Secys panel on KG gas pricing proposed
The Petroleum Minister, Mr Murli Deora, on Wednesday indicated that he would prefer a panel of secretaries to look into the issue of pricing of the Krishna Godavari Basin gas. The Mukesh Ambani-led Reliance Industries Ltd (RIL) has already ... More

POWER
PM makes a pitch for more power reforms
Dedicates East-North Tala transmission system to the country More

Panel will meet again on Sasan project today
The meeting of the Empowered Group of Ministers to decide the fate of the Sasan Ultra Mega Power Project remained inconclusive on Wednesday. Another meeting of the panel is scheduled for Thursday even as the Government indicated at the ... More

SSI
Small units grow by 9 lakh in 3 yrs: Mahabir
The number of small and medium enterprises has grown by nine lakh to 1.28 crore units in the last three years, said Mr Mahabir Prasad, Minister for Micro, Small and Medium Enterprises. While speaking at the first meeting of the National Board ... More

COAL
Decision on revised royalty for coal, lignite likely today
Rates were last revised more than three years ago More

PERSONAL PRODUCTS
Set to smell success
The deodorants category is headed for big growth, with awareness, consumer attitudes and modern retail helping it along with the way. More

EDUCATION
Laurels for Nalsar student
Mr Vinay Kesari, a student of Nalsar University of Law in Hyderabad, scored the 5th rank in the World Philip C Jessup International Law Moot Court Competition and became the `Top Oralist' of the year. He bagged the award for his ... More

Akshaya programme extended
The first-phase implementation of the Akshaya e-literacy project in the districts of Kollam, Pathanamthitta, Ernakulam, Thrissur, Kozhikode, Kannur and Kasaragode has been extended till September 30. The second phase has been ... More

MEDICAL INSTITUTIONS & HOSPITALS
Demand seen for healthcare professionals
By 2012, the Indian healthcare services sector is expected to be worth Rs 75,000 crore, 50 per cent of which would come from hospitals. Qualified The trend would demand 2,500 qualified top healthcare ... More

Hospital installs new surgery tool
Cancer hospitals chain HealthCare Global Enterprises Ltd said that it had set up a Rs 30-crore robotic radio surgery equipment centre in Bangalore. Called the Cyberknife, the equipment is the first in India, combines intelligent ... More

REAL ESTATE & CONSTRUCTION
Conversion charges for mixed land use slashed
Govt reduces charges by two-third of existing rates More

Indiabulls Real Estate looking at north Chennai
Setting up land bank in the city; eyes Bangalore, Hyderabad More

BIO-TECH & GENETICS
Sheep mortality issue not in GEAC's agenda
BT COTTON GRAZING More

GENDER
`Managers must be evaluated on cross-cultural competence'
Though corporate India employs 20-30 per cent women in various roles, hardly one per cent of them actually move to top positions such as CFOs, CEOs and COOs. Compare this to the US, where women form about 50 per cent of the corporate workforce, ... More

DISINVESTMENT
Centre may divest 10% stake in Oil India later this year
Proposal being prepared in consultation with other ministries More

REGULATORY BODIES & RULINGS
DoT in favour of including WiMax in 3G frequency band
More

DoT's move for utilising USO fund finds few takers
Only Reliance Communications has submitted a proposal More

EVENTS
Kochi trade show to focus on 7 sectors
More than 150 national buyers and 50 international buyers are expected to take part in the event. More