The Hindu Business Line : Friday, September 05, 2008

INDUSTRY & ECONOMY

PETROLEUM: SIAM to educate consumers on saving fuel
Initiatives to begin from January. New Delhi, Sept. 4 Come January, vehicle users will know exactly how much their vehicle will run for a litre of fuel. They will also get tips on saving fuel ...

TAXATION: Direct tax collections up 4% in August
New Delhi, Sept 4 The Centre’s net direct tax collections in August 2008 stood at Rs 12,761 crore, marginally higher than the Rs 12,274 crore collected in the same month last year, showing a growth of about four per ...

NON-CONVENTIONAL ENERGY: Moser Baer’s solar PV biz gets Rs 411-cr funding
Dilutes 6.5% stake to global investors. New Delhi, Sept 4 Moser Baer India Ltd on Thursday said its wholly-owned photovoltaic subsidiary has raised Rs 411 crore from a clutch of global investors including Nomura, CDC Group, Credit Suisse, ...

EVENTS: Alternative fuel, hybrid options for auto sector urged
‘The challenge is to work on reducing the dependency of petroleum fuels’. New Delhi, Sept. 4 Except for the type of fuel used, the automobile industry has evolved over a period of time in design, style and performance ...

ECONOMY: Focus needs to be more on growth than inflation: CII
Chennai, Sept 4 The focus needs to be on growth rather than inflation, according to the Director General of Confederation of Indian Industry, Mr Chandrajit ...

NON-CONVENTIONAL ENERGY: Gujarat signs private pact to procure 5 MW solar power
Ahmedabad, Sept. 4 Gujarat has emerged as the first State in the country to have signed a power purchase agreement (PPA) in the area of solar power generation under which the State would purchase 5 MW of power from a private sector company at ...

NEWSPAPERS & PUBLISHING: The Hindu Retail Plus expo kicks off shopping season
Chennai, Sept. 4 About 80 stalls displaying a range of product categories from electronics (LCD TVs, refrigerators and ACs), to mobiles, jewellery, furniture, stabilisers, solar heaters, satellite TV service providers, kitchenware, modular ...

HUMAN RESOURCES: First Advantage, ERA enter alliance

TAXATION: SEZ rules to be finalised this month
Plan to refund service tax through amendment of rule. Kolkata, Sept 4 The Centre is planning to refund service tax pertaining to all activities of a special economic zone, inside or outside the SEZ, through amendment of the Union SEZ rule by ...

EVENTS: Global meet on food & health security
New Delhi, Sept 4 The Defence Institute of High Altitude Research (DIHAR) is hosting a five-day international conference on novel approaches for food and health security in high altitudes from September 6 to 10 in Leh to mark the golden ...

EXPORTS & IMPORTS: Industries’ views sought on tariff reduction, market access
Chennai, Sept 4 Industries that could be adversely affected by the sectoral initiatives under the Non-Agricultural Market Access (NAMA) negotiations under the WTO need to send their inputs within a fortnight to help the Commerce Ministry ...

EVENTS: Concept car

INFRASTRUCTURE: ‘Project to build bridge across Hooghly not shelved’
Kolkata, Sept 4 The Kukrahati-Raichak bridge project (across the Hooghly river) designed to connect the two districts of South 24 Paraganas and East Midnapore, has not been shelved and the West Bengal Government hopes to implement it with ...

SMALL SAVINGS: Share of households in aggregate bank deposits declines
Mumbai, Sept. 4 Following the financial liberalisation since the early 1990s, some shifts have taken place in the ownership pattern of bank deposits, according to the Report on Currency and Finance, released by the Reserve Bank of India, on ...

EMPLOYMENT: Online job portal launched
Hyderabad, Sept. 4 Ireland-based online recruitment company, Saongroup, has launched an exclusive job portal for job-seekers in ...

ECONOMY: External debt up 30.4% in 2007-08
India’s external debt stock at end March 2008 stood at $ 221.2 billion, reflecting a 30.4 per cent increase over the previous year. Valuation change due to weakening of the US dollar vis-À-vis other major international currencies ...

EDUCATION: TASMAC biz school in London
Pune, Sept. 4 In its first expansion overseas, Pune-based business and management institution TASMAC is setting up a business school in London. The school will commence operations with its first batch of students on October ...