The Hindu Business Line : Thursday, April 10, 2008

NON-CONVENTIONAL ENERGY
PE invests in Kalyani group’s wind energy co
Pune April 9 The $2.1-billion Kalyani Group, a player in the auto component sector, has announced that First Reserve Corporation, an energy-focused private equity firm, has invested in Kenersys, the newly-formed integrated wind energy company ... More

Solar power plan gets positive response
Hyderabad, April 9 The Ministry of New and Renewable Energy’s efforts to promote setting up of large, grid-connected solar photovoltaic (SPV) power plants have received positive response.Private sector companies have come up with ... More

LINGUISTICS
Telugu books for NRIs
More

ECONOMY
Maharashtra drive to check hoarding
Conducts raids on wholesale traders for verifying stocks More

CM to release Vision Kerala
More

ENGINEERING
A diversified entity
Anand Engineering began making power plant equipment but has since forayed into other sectors too. More

ENVIRONMENT
Blue brigade
More

EXCISE AND CUSTOMS
1-year limit may be set for duty refund claims
CBEC’s draft circular likely in a week’s time More

Tobacco farmers want excise duty to be cut
Hyderabad, April 9 Irked by the steep increase in excise duty on non-filter cigarettes, tobacco farmers have asked the Union Government to withdraw the decision immediately.They alleged that the decision would wipe out the non-filter ... More

FOREIGN TRADE
Namibia on India radar for uranium
New Delhi, April 9 With the indigenous atomic power programme starving for fuel and the Indo-US nuclear deal on the backburner, the Government is exploring the option of sourcing uranium from non-NSG countries. Namibia, where India has ... More

We wish to be partners in Africa’s resurgence: PM
New Delhi, April 9 The first-ever India Africa Forum Summit ended here on Friday with the Prime Minister, Dr Manmohan Singh, declaring that “the Summit has enabled us to convey to the people of Africa, India’s readiness to be a ... More

At the Africa forum
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STEEL
Steel costlier by Rs 5,000/t
Primary producers effect a flat raw material surcharge More

AP sets up panel to fix steel prices
Hyderabad, April 9 The Andhra Pradesh Government has set up a special panel to review the prices of steel periodically and fix prices according to its availability in the market. Concerned over the spiralling prices of steel and the ... More

Panel moots cut in steel excise duty
New Delhi, April 9 A Committee of Secretaries (CoS) looking into the spiraling price situation in the steel and iron ore sectors has recommended cut in excise duty in steel from 14 per cent to 8 per cent.Besides a ban on steel exports ... More

TAXATION
Goods & service tax from 2010: Bhide
New Delhi, April 9 The Government is committed to implementing a goods and service tax (GST) regime in the country from April 1, 2010 despite some uncertainty on issues like Central sales tax (CST) phaseout.“We stand committed to ... More

TRAVEL & PLACES
US reaches H-1B visa quota for fiscal 2009
More

TYRES
Coal India, MMTC in talks to source China tyres
Kolkata, April 9 MMTC’s plan to grab a pie of the tyre market in India through imports from China seems to have been gaining momentum. Coal India Ltd has initiated discussion with the trading house for acting as a canalising agency for ... More

RADIO/TV
‘The Govt has no real justification to get involved’
L. V. Krishnan, CEO, TAM Media Research, on charges that measurements don’t reflect the true growth of the industry. More

EDUCATION
RCom launches educational portal
Reliance Communications has launched an educational portal called ‘Exam Guru’ on mobile platform that will provide information on exam results, college admissions, exam schedules, admission deadlines, mock tests and tips for bettering ... More

REAL ESTATE & CONSTRUCTION
Ajmera Group looks overseas to rake in revenues
Mumbai, April 9 While India appears to be a one-stop destination for global realty companies, Mumbai-based Ajmera Group is looking West to rake in revenues.The group, said to possess the third largest land bank in Mumbai, has formed a ... More

Citi Property to invest $160 m in 4 SEZs
Citi Property Investors (CPI), the real estate investment arm of the Citigroup, is learnt to be investing about $160 million in four SEZ projects of real estate firm BPTP Group. The move comes within weeks of the BPTP Group clinching 95 ... More

Sterling group to sell property in Chennai
Chennai, April 9 The Sterling Infotech Group, promoted by Mr C. Sivasankaran, plans to sell over 12,582 sq m land in a prime residential area off Cenotaph Road, according to sources in the know.The international property consultant CB ... More

Germany’s ACI Real Estate scouting for franchisees
Hyderabad, April 9 ACI Real Estate, an affiliated of Alternative Capital Invest GmbH of Germany, has set its eyes on the booming real estate opportunity in India. To begin with, it appointed the Hyderabad-based Global Properties as a ... More

FOREIGN DIRECT INVESTMENT
FIPB turns down Azorim’s proposal to transfer stake
New Delhi, April 9 Terming the proposed move as ‘treaty shopping’, the Foreign Investment Promotion Board (FIPB) recently rejected a proposal of Israel-based Azorim International to transfer its holding in joint venture company ... More

SOCIAL WELFARE
Rice for Rs 2 a kg
More

HUMAN RESOURCES
‘Skilled manpower needed’
BHEL should extend more support to the fabrication units on various fronts, say suppliers. More

EVENTS
‘Made in Coimbatore’ exhibition
Coimbatore, April 9 Lions Club of Coimbatore Gems is organising an exclusive ‘Made in Coimbatore’ exhibition, a platform for featuring the products manufactured here.The exhibition is being proposed at the Suguna Kalyana ... More

ENTREPRENEURSHIP
TIRUCHI - A LAND OF PROSPERITY FOR A BRIGHT TOMORROW
A date with enterprise
Lion Dates’ story is one of making a big brand of a snack that had till then been a rather unhygienic commodity. More

ECONOMIC OFFENCES
Fight frauds with a culture that supports controls
Fraud detection IT tools, intrusion detection systems, whistle-blowing hotlines, reference checks before hiring employees… Companies have tried almost all these techniques to mitigate frauds, but big rackets continue to hit the headlines. ... More

TRENDS
Historical volumes
A collection of British Parliamentary Papers relating to the consolidation of the British Empire and the Indian States dumped at abalcony of the West Bengal State Legislative Assembly in Kolkata. The collection was with the Late Raja Kishori Lal ... More