The Hindu Business Line : Saturday, March 08, 2008

NON-CONVENTIONAL ENERGY
Square Engg to make ‘sun cubes’ for power generation
Pune, March 7 Pune-based Square Engineering Pvt Ltd (SEPL) has set up a facility at Satara to manufacture sun cubes based on the hi-tech concentrator photovoltaic technology (CPV). This incorporates, for the first time ever, the use of space ... More

Green Ventures India plans to invest $300 m in renewable energy projects
Chennai, March 7 Green Ventures India, a subsidiary of a New York-based asset management company, Green Ventures International, plans to deploy over $300 million in renewable energy projects and supporting trading in carbon credits through ... More

SOCIAL SECURITY
Private fund managers for pensions ruled out
New Delhi, March 7 Even as the private sector mutual fund managers are keen to get a slice of the New Pension System (NPS) cake of Government employees, the Centre has made it clear that fund management of such pension savings would continue ... More

BUDGET
‘Best time for investing in stocks’
Bangalore, March 7 Morgan Stanley Mutual Fund has said that the best time to invest in the Indian stock market was now in spite of a slide in the bourses.The Vice-President of Morgan Stanley Investment Management Pvt Ltd, Mr Jayesh ... More

‘Budget fails to address food security issue’
Thanjavur, March 7 Food security is a major concern and the Union Budget presented by the Finance Minister, Mr P. Chidambaram, has not addressed this issue, said Mr V.B. Athreya, Adviser, Food Security Studies, Dr M. S. Swaminathan Research ... More

Budget: Boost to consumption
Madurai, March 7 The Union Budget for 2008-09 is a finely balanced act between the service tax and the value added tax. The huge waiver of loans to the farm sector and its management, however, is a matter of concern to the economy, according ... More

Return of prima facie adjustments
The lawmakers are known to change tax laws at regular intervals and the old decided cases become relevant because of the reincarnation of the statutory provisions. This change however keeps the subject of taxation, dynamic and interesting. ... More

Effect of service tax changes
An unknown author once remarked about taxes: “ Of life’s two certainties, the only one for which you can get an automatic extension.” Service tax in India also gets an automatic extension during Budget time every year. Budget ... More

Budget belies hopes of plantation sector: APK
The Association of Planters of Kerala (APK) has said that the State Budget has dashed all hopes of the plantation industry, especially the tea sector, which has been reeling under a crisis over the last eight years. The APK’s ... More

Higher outlay for IT, tourism in Kerala
Trade Fair Authority mooted More

FOREIGN TRADE
LA trade team to explore opportunities in Kolkata
Technology assistance and other forms of economic cooperation through a partnership arrangement is being sought from the Los Angeles County Economic Development Corporation (LAEDC) and the World Trade Center Association (WTCA), Los Angeles ... More

TRAVEL & PLACES
US visas to cost more
In a move that would increase the US-bound visa application fees in rupee terms, the US Embassy has announced that all US consular sections in India will adjust the consular exchange rate to Rs 42 per dollar (against current level of Rs 40) from ... More

RADIO/TV
Paanchvi Pass may earn Star TV Rs 150-cr ad revenue
New Delhi, March 7 Star TV is expected to make an estimated Rs 150 crore from its new format show Kya aap Paanchvi Pass se Tez hain? The channel has already tied up Airtel as presenting sponsor, and LG, Cadbury, Pepsi and ... More

EDUCATION
ISB, Goldman Sachs join for education plan
Hyderabad, March 7 Indian School of Business (ISB) is partnering with Goldman Sachs Group, Inc in a global initiative that will provide business and management education to under-privileged women.The Goldman Sach’s initiative, ... More

Seminar on management education
The Justice K.S. Hegde Institute of Management, Nitte, will conduct a one-day national seminar on ‘Management education: Industry expectations and academic responses’ on March 10. A press release by Dr M.S. Moodithaya, Director of the ... More

CARS
Argentum to expand capacity to produce 4 lakh small cars
Co also setting up new paint shop, assembly line at Rs 500-cr investment More

REAL ESTATE & CONSTRUCTION
UK firm to invest Rs 131 cr in Matheran Realty for low-cost housing
More

LIC Housing to float real estate fund
Chennai, March 7 LIC Housing Finance intends to float a fund of about Rs 350 crore. The fund, which will invest in large projects, will be created within the next three months, Mr S.K. Mitter, Director and Chief Executive, LIC Housing Finance, ... More

Hiranandani, Lahari Infra to invest Rs 750 cr in multi-services SEZ
Real estate major Hiranandani Group and Hyderabad-based Lahari Infrastructure Ltd will invest Rs 750 crore in a multi-services Special Economic Zone (SEZ) to come up about 40 km from here.“Our Group and Lahari will invest Rs 150 ... More

Asset Homes' new project
More

HUMAN RESOURCES
Ireland’s Saon Group to invest €10 m in India
Pune, March 7 Ireland-based Saon Group, an online recruitment company, is all set to invest €10 million in the Indian market for setting up online city-centric job portals. Talking to presspersons, Mr Leslie Buckley, Chairman, ... More

INCOME TAX
Sizing up the tax measures in Budget 2008
The bonanza that the Finance Minister, Mr P. Chidambaram, has conferred in the latest Budget on individual taxpayers has surpassed expectations. The exemption limit for attracting income-tax has gone up from Rs 1.10 lakh to Rs 1.50 lakh. This ... More

EXPORTS & IMPORTS
Ministry seeks extension of low interest to exporters
In marine products, textiles, handicrafts and leather segments More