The Hindu Business Line : Monday, May 12, 2008

ENVIRONMENT
Airline sector flying into eco-friendly zone
The global airline industry is serious about going green although not all flyers may realise this. A passenger flying with Japan Airlines may not find that the spoon is lighter by two gm or notice that American Airlines now only paints its ... More

EXCISE AND CUSTOMS
Customs duty on imports under EPCG scheme cut to 3%
The Finance Ministry has reduced customs duty payable under the export promotion capital goods (EPCG) scheme from 5 per cent to 3 per cent. This move comes nearly a month after the Commerce Minister, Mr Kamal Nath, had, in the Foreign Trade ... More

INFRASTRUCTURE
Govt to seek annual fee from successful bidders of non-metro airports
New Delhi, May 11 In a departure from the method followed for modernisation of Delhi and Mumbai airports, the Government will seek an annual fee which will accelerate by a fixed per cent every few years from the successful bidders selected ... More

PETROLEUM
ONGC puts retail outlet plans on hold
Kuthalam (TN), May 11 Following the Government’s decision to compensate only IndianOil, Hindustan Petroleum and Bharat Petroleum for under recoveries, the Oil and Natural Gas Corporation has put its retail outlet plans (under the brand ... More

SSI
SIDBI to help small units generate revenues thru carbon credits
New Delhi, May 11 The Small Industries Development Bank of India (SIDBI) would invest Rs 500-600 crore over the next two years to enable the small and the medium enterprises (SMEs) generate revenues through carbon credits. The move would help ... More

COAL
Poor response delays Coal India’s forward e-auction
Kolkata, May 11 Poor consumer response seems to have come in the way of Coal India Ltd’s (CIL) plan to launch forward e-auction of coal. Having planned the launch as early as on March 28, the company has so far been repeatedly ... More

EDUCATION
‘Education loans, a major feat of UPA Govt’
Singampunari (Sivaganga district), May 11 The extension of education loans has been a singular achievement of the Government under the United Progressive Alliance and the benefits have gone to the poor, agriculturists and the middle-class, ... More

Endurance test
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INDUSTRY ASSOCIATIONS
CII agenda for better growth
Coimbatore, May 11 The newly-elected Chairman of CII (Coimbatore zone), Mr C.N. Ashok, expressed the imperative need for industries in this region to scale up in terms of size, turnover and business outlook.Sharing his views with media ... More

Soft skill development for students
The Tamilnadu Chamber of Commerce and Industry has proposed to establish an exclusive forum to develop soft skills among students above the age of twelve. In a statement here, the Chamber President, Mr S. Rethinavelu, said that the decision was ... More

NATURAL CALAMITIES
Naval ships to carry relief materials
Naval ships are being entrusted with the job of transporting emergency relief materials for the cyclone-ravaged Myanmar. No merchant vessels will be chartered in immediate future, although the picture should be clearer in a week or so, a ... More