The Hindu Business Line : Saturday, February 23, 2008

BUDGET
Cement sector: Looking for relief on input costs, excise
The 2007 Budget saw unexpected moves to curtail the steady rise in cement prices. However, a tight-demand supply situation has seen cement prices continue to rise over the past year, despite these measures. Cement manufacturers have ... More

COURTS/LEGAL ISSUES
PIL against book fair dismissed
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ECONOMY
Inflation at 6-month high on food prices
New Delhi, Feb. 22 Higher food prices pushed up inflation to a six-month high of 4.35 per cent in early February. Official data released on Friday showed the Wholesale Price Index for the week up to February 9 was higher than the previous 4.07 ... More

Business confidence index rises 5.4% in Q3
The Business Confidence Index (BCI) of Indian industry appears to be inching up to the peak level of January 2007, even as the rise is minimal in the case of consumer non-durables. In its latest BCI tracked by the non-profit think-tank ... More

EXCISE AND CUSTOMS
Customs duty on sunflower oil may be cut
Levy likely to be slashed to 10% as prices rule at Rs 77,500/t More

FOREIGN TRADE
Italian Group sees opportunity in India
Hyderabad, Feb. 22 Italy’s Ghidini Group is keenly eyeing the Indian market. Headquartered in Brescia, near Venice, the group, with a combined turnover of over €350 million, is keen to bring its famed sparkling wine labelled ... More

HEALTH
Manipal Cure opens retail health & wellness outlet
Bangalore, Feb. 22 Manipal Cure and Care has launched its first retail health and wellness outlet in Bangalore.Dr Ranjan Pai, CEO of the promoter group, Manipal Education and Medical Group, said, “We plan to open 50 of our own ... More

INFRASTRUCTURE
Infrastructure financing: Issues and expectations
How can the Union Budget 2008-09 have a positive impact on infrastructure financing in the country? The Budget can enhance infrastructure financing in a number of ways. It could increase allocations to different infrastructure sectors, provide ... More

PHARMACEUTICALS
Satyam eyes larger pie in life sciences
IT services provider Satyam Computer Services is eyeing a larger pie out of the global life sciences outsourcing market.The company has about 6 per cent of the business coming out of this area, and believes that this segment has ... More

STEEL
Govt to meet steel producers on issues hampering investments
New Delhi, Feb. 22 The Government has called for a meeting of the major steel producers and Chief Secretaries of five States next week to look into the issues hampering investments in the sector.“Union Steel, Chemicals and ... More

SSI
TN announces policy for micro, SME sectors
To create million jobs in next five years More

Indian SMEs bullish on economy, says HSBC survey
Hyderabad, Feb. 22 The small and medium enterprises (SMEs) in India are leading their Asian counterparts in being bullish on local economic growth. While about 58 per cent of Indian SMEs are expecting the local economic growth to ... More

Shortage of wax hurts match units
The Sattur Chamber of Commerce and Industries has appealed for import of wax to tide over the current crisis in the fall of supply to match units in the short term and raise the refining capacity in the long term.In an appeal to the ... More

WATER
Innovation key to water conservation in industries
Industrial water conservation can come through only with proper strategy and innovative planning with management committed to water conservation as the ultimate object, a seminar on ‘Industrial Water Conservation’ organised by the ... More

REAL ESTATE & CONSTRUCTION
Property exhibition in Hyderabad
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INDUSTRY ASSOCIATIONS
Kajaria, V-P of PHD Chamber
Mr Ashok Kajaria, Chairman and Managing Director, Kajaria Ceramics Ltd, was on Thursday elected the Vice-President of the PHD Chamber. The vacancy had arisen due to the resignation of Mr Harsh Pati Singhania who has been elected Senior ... More

SCIENCE & TECHNOLOGY
‘India too has technology to intercept, destroy rogue satellites’
Hyderabad, Feb. 22 As a US Navy missile destroyed a crippled spy satellite on Wednesday, a vague, mute question might have immediately struck several Indians. What will happen if we were to face such a challenge? Can we carry out a similar ... More

DLRL firms up projects for airborne intelligence
To deploy miniature electronic warfare systems across platforms More

MINERALS
ICC urges Govt to prioritise iron ore supply to steelmakers
New Delhi, Feb. 22 The Indian Chamber of Commerce (ICC) has urged the Government to direct public sector mining companies to give priority for supplying iron ore to the domestic steel industry under long-term contracts and at a reasonable ... More

FOREIGN DIRECT INVESTMENT
TRAI for hiking FDI cap on FM radio biz
49% in entertainment, 26% in news More

EVENTS
Lights on...
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Innovate to provide customers a unique experience: Prahalad
The “passion to democratise commerce” – companies learning from their customers to meet individual customer’s needs, that ability will be the decisive factor in market leadership, according to Professsor C.K. Prahalad, ... More

Management programme
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B-school meet begins
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INCOME TAX
Mid-career training for I-T officers proposed
In a first-ever exercise of its kind, the Income Tax Department proposes to impart advanced mid-career training for ‘commissioner’ grade officers at a management institute. Hitherto, the department was conducting only in-house ... More

EXPORTS & IMPORTS
Spices export may top target
Pepper, chilli, coriander, vanilla perform better More