The Hindu Business Line : Saturday, April 19, 2008

OUTSOURCING
SmartCity takes part in OutsourceWorld
Kochi, April 18 In order to fulfill its commitments to promote SmartCity Kochi and SmartCity Malta, top officials of SmartCity have participated in OutsourceWorld, held on April 16-17 in London. Considered to be the premier business ... More

CEMENT
Energy needs of cement industry may double in two years
Hyderabad, April 18 The energy requirement of cement industry is likely to go up by over 50 per cent in the next two years and there is a need to adopt more efficient and eco-friendly fuels, according to Mr M. Vasudeva, Director General, ... More

ECONOMY
Needs of the poor take precedence over commerce
New Delhi, April 18 The Finance Minister Mr P. Chidambaram’s utterance in Washington last week that he is prepared to sacrifice revenue to tame inflation by fiscal measures and the repetition of the same point during his intervention in ... More

Import of refined edible oils a safer option
It will have an immediate salutary effect on market prices More

India committed to economic reforms, liberalisation: Manmohan
New Delhi, April 18 The Prime Minister, Dr Manmohan Singh, on Friday invited foreign investors to “invest in India and stay invested” as the country remains committed to economic reform and liberalisation. For India, he said, the ... More

‘CRR hike will Moderate prices’
The Finance Minister, Mr P. Chidambaram, on Friday said the RBI move to raise cash reserve ratio by fifty basis points will have moderating impact on prices. “It will have a moderating impact on prices. It will take some time, ... More

ENVIRONMENT
Carbon credit certificate trade overshoots target in NCDEX
Industry still unclear on the physical delivery mechanism More

HOTELS
Noida to sell 12 hotel plots worth Rs 1,500 cr
A month after it pulled off the country’s largest land auction at a record Rs 5,006 crore, Noida appears all set for another round of fierce bidding. The Noida Authority would invite, next week, bids for 12 hotel plots worth at least Rs ... More

INFRASTRUCTURE
AP coastal industrial corridor
Kakinada, April 18 The Andhra Pradesh Government is keen on developing the Kakinada-Visakhapatnam zone as a coastal industrial corridor, making full use of the potential of the Krishna-Godavari basin, according to Mr Sanjay Jaju, Managing ... More

Mangalore SEZ to construct barrages across two rivers
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PSU
MMTC records Rs 26,276-cr turnover in 2007-08
Full-year net profit up 63% at Rs 206 cr More

PETROLEUM
Airlines make the most of lower fuel cost at Hyderabad airport
Cut in sales tax, open competition make the difference More

Paying the price for ignoring the real economy
Today’s high prices of food around the world are the result of the continued failure of large, populous economies such as India and China to reach food self-sufficiency or even near self-sufficiency. In India, successive governments since 1991 have ignored the real economy that is agriculture and pushed it to the background. The country is now paying a heavy price for this, says G. CHANDRASHEKHAR. More

NELP bid deadline pushed back to May 16
New Delhi, April 18 Owing to the lack of clarity on the tax policy front, the last date of bidding for the seventh round of New Exploration Licensing Policy (NELP-VII) has been pushed back by about three weeks. An official statement ... More

POWER
Damodar Valley Corpn planning to tap capital market
KPMG appointed for restructuring More

STEEL
`Steel cos must not be profiteers'
More

TAXATION
Airline industry to petition panel on fuel tax cut
New Delhi, April 18 The domestic airline industry is to petition the Empowered Committee of the State Finance Ministers for reducing and rationalising the sales tax being levied on aviation turbine fuel across the country.This comes in ... More

SSI
Corpn Bank award for small units
Corporation Bank has launched ‘Corp Excel 2008’ — the national micro, small and medium entrepreneurs’ excellence awards. A bank release said here that Corp Excel 2008’was formally launched by Mr Mukul Singhal, Joint ... More

EDUCATION
IITM invited to take part in Metro project
IIT Madras should look at collaborating with the Government on the Chennai Metro Rail project, said Dr E. Sreedharan, Managing Director, Delhi Metro Rail Corporation — a body that is a consultant for the Chennai Metro ... More

NIFT Kannur centre inauguration today
Thiruvananthapuram, April 18 The Kannur centre of the National Institute for Fashion Technology (NIFT) will be inaugurated on Saturday. The foundation stone for NIFT’s own campus in Kannur will also be laid tomorrow. According to ... More

ISB 's pre-doctoral programme
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ICSI strengthens members' skills
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MEDICAL INSTITUTIONS & HOSPITALS
BM Birla Heart to set up more healthcare units
Kolkata, April 18 BM Birla Heart Research Centre plans to expand its base in the East and North-East and is looking at setting up healthcare units at Rajarhat, Siliguri, Haldia and Jaipur. The centre is also looking at overseas ... More

REAL ESTATE & CONSTRUCTION
Rakindo plans township
Chennai, April 18 Rakindo Developers Pvt Ltd has announced plans to launch a Rs 1,500 crore integrated township at Coimbatore early next year.Addressing a seminar on private equity participation in real estate projects here on Thursday, ... More

FOREIGN DIRECT INVESTMENT
Govt keen to attract infrastructure funds from Arab countries
Bullish on bilateral cooperation in infrastructure projects, India will take a delegation to Saudi Arabia in May that would be headed by the Deputy Chairman of Planning Commission, Mr Montek Singh Ahluwalia. The effort would be to ... More

SOCIAL WELFARE
Will the Rs 2 rice scheme do enough for the poor?
Scheme may cost the exchequer Rs 2,000 crore More

EVENTS
USAID workshop for women
Thiruvananthapuram, April 18 The US Agency for International Development (USAID), in cooperation with Energy Management Centre (EMC) of Kerala, is holding a five-day workshop on clean and efficient-energy management for South Asian ... More

EXPORTS & IMPORTS
`Handicraft exports need push'
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