The Hindu Business Line : Saturday, December 05, 2009

INDUSTRY & ECONOMY

TERRORISM: 26/11: GIC hopes to settle hotels' claims by March
Rs 100-150 cr inflows into terror pool likely. The insurance claims of the three Mumbai hotels — Oberoi, Taj and Trident — damaged in the 26/11 terror attacks, are expected to be settled from the terror insurance pool by March 2010, ...

EDUCATION: Mock trials would have saved CAT online
TESTING TIMES. Sandeep P., a graduate from Bangalore who took the Common Admission Test on November 29, wishes his system ...

INFRASTRUCTURE: World Bank to support large projects in India
Plans to double investments in agriculture sector. The World Bank Group plans to shift focus from individual projects to large consolidated projects to allow it to support India's key priorities with substantial impact of overcoming poverty, its ...

REAL ESTATE & CONSTRUCTION: Mahindra World City to expand presence in Tamil Nadu
Concept to be taken to other centres in the country. At Mahindra World City (MWC) the ‘work part' is over and we are now concentrating on the home and leisure part, says Ms Sangeetha Prasad, COO, MWC Developers Ltd, as a senior executive ...

POWER: ‘Thermal power plants must set up cement units to dispose fly ash'
Private companies, or the public sector ones, generating thermal power will be well-advised to set up downstream cement units to dispose of fly ash, which is proving to be a major ecological hazard, according to Mr George Mathew, the Chairman ...

TOURISM: Responsible tourism initiative gaining acceptance at community level
Responsible tourism (RT) initiative of Kerala Tourism has received further impetus with the community turning more receptive to the project being implemented on a pilot basis in four key destinations in ...

EDUCATION: Ritesh Jain, Director, T.I.M.E Institute, Ghaziabad; Mewar Institute, Vasundhra, Ghaziabad (Uttar Pradesh).
Interviewers generally end up asking unimportant and irrelevant questions because after interviewing many candidates through the day, they don't have any questions left, said Mr Ritesh Jain, Centre Director, T.I.M.E. Ghaziabad, ...

INFRASTRUCTURE: CII seeks support for better Bangalore infrastructure
Stresses on need for widening, re-laying Coimbatore-Mettupalayam road. While thanking the Union Transport Minister, Mr Kamal Nath, for agreeing to expedite the road widening work on NH 47 from Chengapalli to Walayar, Mr Ravi Sam, Chairman, CII ...

ECONOMY: Sustained strong growth could see withdrawal of stimulus next year
Stimulus packages may be withdrawn as early as the next fiscal if the current GDP growth ...

TOURISM: West Bengal eyeing joint venture to develop river tourism
Buoyed by the success of the Ganga river cruise, the first in India along the lines of international standard cruises on the Nile in Egypt and the Irrawady in Burma, the West Bengal Government is inviting joint venture partners to set up ...

INDUSTRY ASSOCIATIONS: Traders oppose alignment survey for Kochi Metro
Kerala Chamber of Commerce and Industry and a few other trade organisations have threatened to keep away from the Grand Kerala Shopping Festival here in protest against the ongoing survey works at MG Road to acquire land for the proposed ...

ENVIRONMENT: A matter of intensity
After a great deal of huffing and puffing that led to needless controversies, suspicions and allegations, the Government has finally done the sensible thing. In his statement in the Lok Sabha on Thursday, the Minister for Environment, Mr ...

ECONOMY: Govt urged to study Dubai crisis impact
The Cochin Chamber of Commerce and Industry has called upon Central and State Governments to make a realistic assessment of the impact of the debt crisis in Dubai on the ...

FOREIGN DIRECT INVESTMENT: India needs to do more home-work to get foreign funds
At a time when the country's foreign direct investment had leapfrogged from a measly $2.2 billion in 2003-04 to a massive $27.3 billion in 2008-09 with a further $18 billion in the first seven months of the current fiscal, the Union Minister ...

EXPORTS & IMPORTS: Seafood exporters flock to new destinations
As the US economy continues to reel under the impact of the global economic slowdown and recession persists in the Japanese economy, Indian seafood exporters are focusing on ...

ENVIRONMENT: Unilateral carbon cuts will weaken India's position: BJP
The Bharatiya Janata Party has come out strongly against the Government stand on carbon emission intensity cuts, terming the announcement of “unilateral cuts” as a “weakening of India's negotiating position” at the ...

COURTS/LEGAL ISSUES: No writ petition maintainable against co-op: HC
A co-operative society is not a State within the meaning of Article 2 of the Constitution, and hence, a writ petition is not maintainable against such a society, the Madras High Court ...

EVENTS: Protecting girl child
...

CARS: Beetle in India
...

SCIENCE & TECHNOLOGY: Science on wheels
...

SCIENCE & TECHNOLOGY: ‘Composites tech set to enter a new exciting orbit'
The Director of Vikram Sarabhai Space Centre (VSSC), Mr P.S. Veeraraghavan, has said that the composites technology is set to enter an exciting new orbit with the migration of nano technology from laboratory ...

EDUCATION: CAT get a day's extension
The Common Admission Test has been extended by a day and will now end on December 8 to accommodate the rescheduling of those students who were unable to take the test due to technical failures, according to a release by Prometric and the ...

ECONOMIC OFFENCES: Emaar MGF violated FDI norms: ED
A day after it conducted search operations at 13 offices of Emaar MGF, the Enforcement Directorate today said that the documents seized indicate “large scale violation of FDI guidelines”. “The company has about 12,800 acres ...

EVENTS: Management meet valedictory
Siva Sivani Institute of Management (SSIM) is organising ‘Samanvay 09' a national inter-collegiate management meet on December 4 and 5. The valedictory of the meet would be held at its campus on Saturday at 5 pm. Dr Pritam Singh, ...

EDUCATION: ISB course for senior executives
The Hyderabad-based Indian School of Business has announced the launch of a post graduate programme in management for senior executives. The programme will target senior executives with an average work experience of ...

DISINVESTMENT: Social sector, sick PSUs to get more divestment funds
The Lok Sabha was informed today that as and when the kitty of the National Investment Fund (NIF) gets larger from the proceeds of disinvestment of public sector undertakings (PSUs), the Government would expand its spending on social ...

NON-CONVENTIONAL ENERGY: Stress on renewable energy generation
Energy generation from non-conventional sources will double in a decade from the present level of 14,000 MW growing at the rate of 9 per cent per year, Mr Deepak Gupta, Secretary, Ministry of New and Renewable Energy, ...

EDUCATION: Sethuraman, consultant, and Dr Mumtaz Ahmed Khan, Founder and Chairman of Al-Ameen Group of Institutions
The Goods and Services Tax (GST) is presumed to be the most important tax reform initiative since India's Independence by experts. It is expected that this reform, which is likely to be introduced from April 2010, would provide significant ...

INDUSTRY ASSOCIATIONS: Cochin Chamber office-bearers
The 152nd annual general meeting of the Cochin Chamber of Commerce and Industry has elected Mr Anand Menon, Chief General Manager of KSE Ltd, as President of the Chamber for the year 2009-10. Mr P. Narayanan, Partner, Chakiat Agencies, ...

FOREIGN TRADE: ‘FTA will reverse progress'
The Chief Minister, Mr V. S. Achuthanandan, has said that the Free Trade Agreement (FTA) with the Association of South-East Asian Nations (Asean) would only reverse the steady progress the State has made from a being mute witness to ...