The Hindu Business Line : Thursday, July 05, 2007

CLIMATE & WEATHER
Honeywell joins Clinton energy efficiency initiative
Bangalore, July 4 Honeywell has announced that it joined the Clinton Climate Initiative in a global effort to help cities around the world improve the energy efficiency of buildings and decrease greenhouse gas emissions.Honeywell, a ... More

Rains throw rail services in Bengal out of gear
Kolkata, July 4 Incessant rain for the past couple of days has thrown rail movement in West Bengal out of gear, with the Eastern Railway (ER) having cancelled several long-distance trains. South Eastern Railway (SER), known for freight ... More

NRIS
NRE, FCNR deposits look attractive for customers
LIBOR rates rise 8 bps in the past two months More

NON-CONVENTIONAL ENERGY
Square Engg signs pact with Ausssie co
Pune July 4 The Pune-based Square Engineering Pvt Ltd, (SEPL) has signed a manufacturing licence with South Australian renewable energy company, Green and Gold Energy (GGE) for advanced sun cube solar appliances.Talking to presspersons, ... More

ANTI-DUMPING
Higher dumping duty on tyres from China, Thailand proposed
New Delhi, July 4 The Designated Authority in the Commerce Ministry has recommended the definitive dumping duty on tyre, tube and flaps from China and Thailand at a higher level than it did so in the case of provisional dumping duty. In ... More

COURTS/LEGAL ISSUES
HC holds GO on imparting training to health, sanitary inspectors valid
Chennai, July 4 The Madurai Bench of the Madras High Court has ruled that no dilution of standards of administration would arise if health inspectors and sanitary inspectors in food inspection and sampling work holding diplomas in food ... More

FOREIGN TRADE
Govt implements another round of SAFTA tariff concessions
New Delhi, July 4 A host of textile items and light engineering goods could get increased market access to the Indian market, with the Government implementing another round of SAFTA tariff concessions to boost trade within the SAARC region. ... More

INFRASTRUCTURE
‘India could have space for low-budget airports’
Development of city side vital for this concept More

12,000 MW of new captive power capacity coming up
New Delhi, July 4 With capacity addition targets consistently faltering, the Centre is banking on sale of surplus power to the grid from around 12,000 mega watts (MW) of new captive power capacity that is expected to come through over the next ... More

PETROLEUM
HPCL-Mittal venture to raise $1 b foreign borrowings
In the process of firming up Rs 8,000-crore loan More

Discovered blocks: Oil Ministry wants cos to stick to timeframe
Appraisal programme from the date of discovery More

POWER
State politics hits gas T&D cos in UP
Green Gas, Gujarat Adani Energy face uncertain future More

Power situation in Kerala ‘comfortable’
Good monsoon rains so far this year in the catchment areas of the hydroelectric projects in Kerala has pushed up the water storage levels in the reservoirs from that of last year on this day.The storage level in all the reservoirs in ... More

Baalu taking up highways lighting tariffs with CMs
New Delhi, July 4 The Union Minister of Shipping, Road Transport and Highways, Mr T.R. Baalu, would take up the issue of lowering energy tariffs that States impose on national highways’ lighting arrangements with the Chief Ministers of ... More

SSI
Reliance Comm launches Net services for small, medium units
Bangalore, July 4 After Pune, Reliance Communications and Cisco hit Bangalore with their package of Internet services for small and medium enterprises (SMEs). They plan to add One Office Duo, a private voice network, to the package soon. ... More

EDUCATION
Andhra Bank aims at lending Rs 500 cr for education
With booming demand for loans for higher education and overseas study, Andhra Bank plans to disburse about Rs 500 crore as education loans this fiscal.The bank has accounted for more than 10 per cent of the total education loans ... More

Tie-up for animation colleges
Picasso Digital Media Pvt Ltd has entered into an agreement with the Canada-based Centennial College to start International Animation Colleges in Hyderabad and Delhi. Addressing a press conference here on Monday, Mr A.B.R.P. Reddy, Managing ... More

IIITM-K offers scholarships to SC students
Thiruvananthapuram, July 4 The Indian Institute of Information Technology and Management-Kerala (IIITM-K) will offer scholarships to the scheduled caste students seeking admission to the Postgraduate Diploma in Information Technology (PGDIT) ... More

FOODS & FOOD PROCESSING
The brand that Bagri built
Oats and muesli marketer Bagrry's hopes to ride high on the new health fad in fibre-rich foods More

MEDICAL INSTITUTIONS & HOSPITALS
Fortis to launch more health cities; Ansal for value-add initiatives
Work begins on mega Gurgaon medicity project; land bank at about 5,000 acres More

REAL ESTATE & CONSTRUCTION
Vijay Shanthi plans Rs 8-cr apartment
Project will have 16 apartments on 50,000 sq ft plot More

MINING & QUARRYING
GoM may give nod for new mining policy
Concern over lack of foreign investments More

NEWSPAPERS & PUBLISHING
IFC, Reuters Foundation to train journalists
The IFC Global Corporate Governance Forum and the Reuters Foundation have come together to design a training programme and a toolkit for journalists reporting on corporate governance issues. The two have signed an agreement to enhance ... More

FOREIGN DIRECT INVESTMENT
Morgan Stanley’s proposal gets Govt nod
10 proposals worth Rs 2,339 crore get approval More

INCOME TAX
Portal developed to help filing of I-T returns
Hyderabad, July 4 Four alumni of the Indian School of Business have developed Taxyantra.com, a portal that helps people file their income-tax returns.The promoters of the portal represented by Mr Sunil Lingareddy felt that they would ... More

EXPORTS & IMPORTS
Less for more: Textile export value to US down even as volumes surge
Hardening rupee, interest rates hit realisations More

‘Rubber Board will ask growers to hold on to stocks’
Exporters’ meeting convened; ‘farmers need not panic’ More

‘Govt has not given up on export valuation rules’
New Delhi, July 4 The Finance Ministry has not given up the idea of introduction of export valuation rules despite the export community’s opposition to any such move.“It is very much in the offing. The law requires us to do ... More

STANDARDS & BENCHMARKS
Quality review board for CAs set up
New Delhi, July 4 The Centre has constituted a quality review board (QRB) under the chartered accountants law to review the quality of services including audit services rendered by the members of the Institute of Chartered Accountants of ... More

ECONOMIC OFFENCES
Pseudo-intellectualism continues to be attached to computer crimes
More