The Hindu Business Line : Tuesday, May 13, 2008

NON-CONVENTIONAL ENERGY
Overcoming power shortage
The total generating capacity available to Tamil Nadu Electricity Board is around 10,100 MW. This comprises 5,597 MW of TNEB’s own generating stations, 1154 MW of private sector power plants, 2861 MW as share from Central sector generating ... More

Magic lantern
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CEMENT
Talks on with cement producers to cut prices: Chidambaram
Mangalore, May 12 The Union Finance Minister, Mr P. Chidambaram, has said that the Government is still talking to cement manufacturers on reducing prices. “But I have made it very plain, that, if they (cement manufactures) do not ... More

ECONOMY
Industrial growth nosedives to six-year low at 3%
Manufacturing sector drags down overall index in March More

CII seeks national manufacturing policy
New Delhi, May 12 The industrial production numbers released on Monday, indicating a low 3 per cent growth in March (14.8 per cent), have triggered concern in the corporate community. While CII has called for a National Manufacturing ... More

INFRASTRUCTURE
Industrial estates being done up
Every medium-sized town in Tamil Nadu has a clutch of industrial estates around it. We all know of Guindy and Ambattur in Chennai, Pudur near Madurai and Thuvakkudi near Tiruchi. Indeed, there are tens of such industrial estates all over the ... More

IFC to advise Maharashtra on infrastructure projects
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PETROLEUM
High oil prices could slow down economic growth, says Rangarajan
Inflation to come down to 6% in 3-4 months More

POWER
‘Phase-2 of Simhadri power plant to be completed by 2011’
Visakhapatnam, May 12 The phase two of the Simhadri thermal power plant of the NTPC, adding two more units of 500 MW each, will be completed by 2011 and the additional power will be shared among the southern States, according to Mr A.N Dave, ... More

NTPC eyes majority stake in Indonesian coal blocks
To meet shortfall in domestic supplies; deals likely by March 2009 More

Relaxation on power cuts hailed
The Madurai District Tiny and Small Scale Industries Association has welcomed the announcement by the State Electricity Minister, Mr Arcot Veerasamy, that from May 15 on, the one-day cut in the supply of power on a day other Sunday would be ... More

STEEL
Commercial vehicle majors see limited benefit from steel price cut
Say impact on long-term contracts remains to be seen More

TAXATION
‘Improve methodology for ranking ease of paying taxes’
The Chairman of the Prime Minster’s Economic Advisory Council, Dr C. Rangarajan, has taken issue with the World Bank over the methodology used in the latter’s ‘Paying Taxes 2008’ study, which ranked various countries in ... More

SSI
TANSI: Enviable performance
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TRAVEL & PLACES
Canada Govt eases immigration rules for professionals
The number of skilled workers and professionals migrating to Canada from Coimbatore has touched 2,000 in the last ten years and this number would multiply rapidly, thanks to recent changes introduced in the immigration policy by the Canadian ... More

EDUCATION
Accent on higher education
Realising that economic development of a nation mainly depends on the quality of human resources, the Government of Tamil Nadu is fully geared to produce quality human resource, while also ensuring that the poorest of the poor gets access to ... More

B-school graduation day
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Finishing school for professionals
The Kerala Governor, Mr R. L. Bhatia, will on Wednesday inaugurate the Afras Academy for Business Communication (AABC), a finishing school for professionals being pioneered by Dr Shashi Tharoor, former UN Under Secretary General. The ... More

CARS
Bajaj-Renault-Nissan takes up challenge of $2,500 car
Will work on synergies of production techniques, engineering skills More

ELECTRICAL GOODS
AP invites Chinese power equipment manufacturing cos
Hyderabad, May 12 With procurement of equipment becoming increasingly difficulty for the power companies wishing to set up new plants in the State, the Andhra Pradesh Government is looking at Chinese power equipment manufacturing firms to set ... More

REAL ESTATE & CONSTRUCTION
Indo-African Industries unveils model apartments
Hyderabad, May 12 Indo-African Industries, a Hyderabad-based construction company, has unveiled the model of apartments to be built at Star Hills, the 400-acre Amaravati Singapore Township at Mangalagiri near Vijayawada. “The township ... More

CII seminar on real estate sector
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RoofBird to tie up with realtors
RoofBird.com, the exclusive residential real estate portal, has announced plans to tie up with over 100 property developers in the next one year to promote their residential projects through end-to-end online marketing services. The strategy ... More

INDUSTRY ASSOCIATIONS
CII unveils agenda for TN
Focus on agri-business, healthcare and skill development More

RURAL DEVELOPMENT
Oriental Bank to set up 2 more training institutes
Madurai, May 12 The Oriental Bank of Commerce has plans to establish two more training institutes through its Rural Development Trust, one each at Haryana and Uttar Pradesh, according to Mr Ravindra Yadav, Chief Executive of the Trust. ... More

REGULATORY BODIES & RULINGS
Raja to meet Prime Minister on 3G spectrum auction soon
Chennai, May 12 The Union Communications and IT Minister, Mr A. Raja, is to meet the Prime Minister, Dr Manmohan Singh, this week to have more clarity on allowing more foreign telecom players on third generation (3G) spectrum auction or ... More

EXPORTS & IMPORTS
Desai Fruits ties up with Gulf co for banana exports
Ahmedabad, May 12 The Gujarat-based Desai Fruits and Vegetables (DFV) has signed a multi-million dollar contract with a Gulf company for supply of bananas round-the-year and flagged off an 18-tonne container of bananas there, the company has ... More

TOURISM
Beating the heat
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