The Hindu Business Line : Friday, January 16, 2009

INDUSTRY & ECONOMY

ECONOMIC OFFENCES: Now, a course to make auditors financial detectives!
ACCOUNTING FRAUDS. Mumbai, Jan. 15 The Institute of Chartered Accountants of India (ICAI) wants its members to learn a lesson or two on frauds and forgery; its three-month pilot Certificate Course in Fraud and Forensic Accounting begins on ...

EVENTS: Anil Ambani, Sunil Mittal see Modi as future ‘leader’ of India
But Gujarat BJP plays it down. Ahmedabad, Jan 15 A day after industrialists Mr Anil Ambani and Mr Sunil Bharti Mittal virtually endorsed the Gujarat Chief Minister, Mr Narendra Modi, as the future ‘leader’ of India, the State BJP ...

INFRASTRUCTURE: Bidders can claim higher grants for NHAI projects
CCEA approves higher project cost estimates. New Delhi, Jan. 15 In a bid to make the ongoing national highways projects attractive to bidders, the Cabinet Committee of Economic Affairs (CCEA) on Thursday approved the new, upward revised project ...

MINERALS: Goa iron ore exports recovering as demand from China picks up
Turnaround raises hopes of touching last financial year’s figure. Badly affected by worldwide recession in the first half of the year, Goa’s iron ore exports are slowly witnessing a recovery, raising hopes of touching the export ...

EXPORTS & IMPORTS: Veg oil imports may slow down
Chennai, Jan. 15 Imports of vegetable oils, which increased 80 per cent during October-December, are likely to slowdown in the first quarter with the supply pipeline being full, according to the Solvent ...

TOURISM: Singapore Tourism registers 5% growth
Bangalore, Jan. 15 Singapore’s tourism sector has generated an estimated S$14.8 billion in tourism receipts in 2008, which is 5 per cent growth over 2007. In terms of visitor arrivals, the country welcomed an estimated 10.1 million ...

REAL ESTATE & CONSTRUCTION: Mumbai realty cos to showcase budget homes
Mumbai, Jan. 15 The Maharashtra Chamber of Housing Industry is organising a three-day ‘Budget Property 2009- Western Suburbs’, tabling over 200 multi-storeyed projects comprising flats in the Rs 6 to 49 lakh range at a time when ...

STANDARDS & BENCHMARKS: US FDA sets up offices in Delhi, Mumbai
New Delhi, Jan. 15 The US Food and Drug Administration on Thursday opened offices in New Delhi and Mumbai to share best practices with Indian manufacturers of generic drugs and ...

POWER: N-power share set to increase in energy mix
New Delhi, Jan. 15 While hydrocarbons would continue to be the primary source of energy for fuelling the country’s growth, Dr Anil Kakodkar, Chairman, Atomic Energy Commission, on Thursday pointed to the emerging role of nuclear energy ...

EVENTS: IIM-K management meet from today
Kochi, Jan. 15 Backwaters 2009, the annual International Management and Cultural Festival of Indian Institute of Management-Kozhikode, will be conducted on January 16-18 at the institute’s ...

MEDICAL INSTITUTIONS & HOSPITALS: Kochi hospital offers ‘own a suite’ concept
Kochi, Jan. 15 A Kochi-based real estate firm is introducing a new concept in the healthcare sector with the offer of “own a hospital suite” in its super speciality hospital complex to be put up at ...

INFRASTRUCTURE: 8 new SEZ proposals cleared
New Delhi, Jan. 15 The Board of Approval for Special Economic Zones has approved eight fresh proposals for establishing SEZs across the country, while deferring a decision on Larsen & Toubro-promoted SEZ for IT/ITES at ...

TOURISM: Boosting tourism
...

PETROLEUM: RIL, RNRL case: Arguments may conclude in a week
Mumbai, Jan 15 The legal arguments in the Reliance Industries Ltd vs Reliance Natural Resources Ltd case in the Bombay High Court have reached final ...

BREWERIES: CII’s global wine meet from today
To focus on the issues facing the grape industry, the Confederation of Indian Industry (CII) is organising a Mahawine 2009, an international conference and exposition on grapes and wine on January 16 and 17 ...

RADIO/TV: New edutainment channel for kids launched
Kids Media India (KMI), a subsidiary of Dubai-based Spacetoon Media Group has announced the launch of its first free-to-air kids edutainment channel — ‘Spacetoon Kids ...

EDUCATION: St Xavier’s plans research centre
Kolkata, Jan 15 St Xavier’s College, Calcutta, plans to set up a top quality research centre in its second campus proposed to be set up ...

PETROLEUM: Aviation fuel price rises for first time since Aug
New Delhi, Jan. 15 There has been a marginal increase in the price that domestic airlines will have to pay for lifting aviation turbine fuel from ...

ECONOMY: Mild pick-up in Nov industrial growth offers hope
The uptick in the Index of Industrial Production in November to 2.4 per cent, following a fall of 0.3 per cent in October 2008 for the first time since 1993, is perhaps the big booster dose the beleaguered Indian economy is looking for, caught ...

ECONOMY: Well-defined fiscal stimulus missing
As market rallies go, this was one of the quickest and sharpest. Ten-year Indian Government bond yields nearly halved from 9.5 per cent levels to 5 per cent in about six months. Clearly, it was overdone. Yields pulled up in days last week to ...