The Hindu Business Line : Tuesday, December 15, 2009

INDUSTRY & ECONOMY

PIRACY: Blow the whistle on fake drugs, and get rewarded
Rs 25 lakh or 20% of the confiscated items' value. In a bid to put an end to the menace of spurious drugs being sold in the market, the Ministry of Health and Family Welfare has instituted a reward scheme for whistleblowers, whereby as much as ...

ANTI-DUMPING: Plea for safeguard duty on hot-rolled products rejected
DG says industry is not ‘domestic'; applicants did not give requisite information. Domestic steel producers have failed to get safeguard duty levied on import of hot-rolled coils, ...

ECONOMICS: Paul Samuelson, RIP
In the coming days, reams will be written about Paul A. Samuelson who passed away on Sunday, aged 94. And not a single tribute will be an undeserved one, for if anyone can be called the father of modern economics, it ...

FOREIGN TRADE: India, Italy sign pact to enhance bilateral ties
India and Italy on Monday signed a memorandum of intent to enhance bilateral economic and ...

TYRES: Price hikes to roll out better margins for tyre makers
Manufacturers confident of sustained improvement in demand. Taking a cue from the impressive sales growth clocked by passenger cars, two-wheelers and some segments of commercial vehicles in November, most tyre manufactures have decided to raise ...

POWER: TN launches power transmission co
The Tamil Nadu Government formally launched the Tamil Nadu Transmission Corporation the first step in the process of unbundling the operations of the Tamil Nadu ...

CEMENT: Stimulus withdrawal may impact cement sector in the short term
The Government's stimulus package helped the cement industry ride over the challenges smoothly in 2009. But how will the coming year be? Will the new capacity additions hit price upsides and margins for the players? Ms Vinita ...

INVESTMENTS: India tops Asian real estate investment markets
Study points to Mumbai, Delhi as good destinations. India leads the pack of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and ...

EMPLOYMENT: Telangana issue dashes hopes of Govt job aspirants
While the protagonists of a separate Telangana State are fighting for “more opportunities” in the long run, the hopes of many unemployed who are aspiring for Government jobs in the near future has been thrown into uncertainty due ...

RADIO/TV: Sun Direct, Samsung tie up to launch HD TV services
Television viewing in India is set to enter the next generation. Twenty-seven years ago when Delhi hosted the Asian Games, India was introduced to colour televisions and now with less than a year to go for the Commonwealth Games, Sun Direct ...

EDUCATION: ‘B-schools should hire younger faculties'
Management institutes and other such professional institutes in the country should look at hiring younger faculties who are adaptable to changing curriculum and who are not shy of innovations, according to Mr Mohanbir S. Sawhney, Director, ...

ECONOMY: Industry on a high
Industrial output data for October are thus far the most positive signal of the momentum in the economy's revival. At an overall average of 10.3 per cent, Indian industry seems to have posted the best performance since early this year when ...

COAL: CIL not to hand over mines to pvt cos
Coal India Ltd will not hand over any coal mine to private companies for exploration but will be open to joint exploration with private players, according to the Chairman, Mr ...

REAL ESTATE & CONSTRUCTION: DLF board to meet today to consider integration of DAL
The DLF Ltd board of directors will meet on Tuesday to consider the integration of DLF Assets Ltd (DAL), with the real ...

FOREIGN TRADE: India-Bhutan trade to maintain 15% growth
The bilateral trade between India and Bhutan is set to grow by more than 15 per cent ...

MINERALS: 6-week stay against CBI probe in Obulapuram Mining case
The Andhra Pradesh High Court on Monday granted stay of further proceedings by the Central Bureau of Investigation (CBI) against Obulapuram Mining Company (OMC) owned by Mr.Gali Janardhan Reddy, Minister in Karnataka Cabinet. Mr Justice ...

EDUCATION: HLL Lifecare, College of Engg set up joint platform
HLL Lifecare Ltd, a mini ratna central public sector enterprise, and the College of Engineering, Thiruvananthapuram (CET), have teamed up to carry out programmes for promoting industry-academic interaction to effectively share the facilities ...

URBAN DEVELOPMENT: Revised master plan for Mangalore
The revised master plan for Mangalore has accorded importance for development of infrastructure in the region, according to Mr P.G. Ramesh, Mangalore Urban Development Authority (MUDA). He was speaking at an interactive meeting with the ...

CLIMATE & WEATHER: CII sees need for joint efforts to tackle climate change
The Confederation of Indian Industry has said that with the help of consistent policies and actions, developing countries such as India can look to grow rapidly, while also reducing carbon intensity at the ...

POLITICS: ‘Telangana developments may dent Brand Hyderabad'
The Hyderabad Software Exporters' Association (HYSEA) has expressed its concern that the Brand Hyderabad and Andhra Pradesh as a peaceful destination for information technology (IT) and IT-enabled services companies might be dented in the ...

EVENTS: JITO expo, meet to begin on Dec 24
Jain International Trade Organisation (JITO) will organise its fourth JITO Global Summit between December 24 and 27 at the Bombay Exhibition Centre, Mumbai. The Maharashtra Chief Minister Mr Ashok Chavan, will inaugurate ...

TAXATION: Commonwealth Games panel gets tax breaks
Commonwealth Games 2010, to be hosted by Delhi, has got another booster dose from the ...

HOTELS: Nakul Anand of ITC to head apex hotel body
Mr Nakul Anand, Divisional Chief Executive (Hotels), ITC Ltd, has been unanimously elected President of the Hotel Association of ...

SOCIAL SECURITY: Employee PF investments not allowed in small savings schemes
Employees' Provident Find (EPF) investments will not be invested National Savings Certificates and Post Office Termed Deposit Receipts, the Ministry of Labour and Employment said ...

EVENTS: Chennai to host Cost Congress
The Confederation of Indian Industry-Total Cost Management Division's flagship event, Cost Congress, is set to get underway on December 17 ...

Columnists: • B Venkatesh • C Gopinath • Bhanoji Rao • P.V. Indiresan