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Friday, January 08, 2010
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INDUSTRY & ECONOMY

EVENTS: Maruti rIII concept could become reality by mid-2012
Company launches Eeco multi-purpose vehicle. Maruti Suzuki's concept MPV ‘rIII', may see production by mid-2012, a company official said ...

ECONOMY: Soaring food prices — Failure of supply management
The new system of presenting inflation data of primary articles and fuels separately on a weekly basis introduced by the Government with effect from November 5, 2009, has brought the relentless price fever in food articles to the fore. ...

ECONOMY: Stimulating debate
The Finance Secretary, Mr Ashok Chawla, has set the cat amongst the pigeons by saying that too much of stimulus is not good for a body that is getting healthy. He was perhaps referring only to the textile industry's demand for more fiscal ...

KNITWEAR & HOSIERY: Tirupur exporters want higher depreciation rate
Seek Maran's help to push Budget wish-list. The Tirupur Exporters Association has sought the help of the Union Textile Minister, Mr Dayanidhi Maran, for addressing some industry-specific issues relating to direct and indirect taxes ...

ENTREPRENEURSHIP: Blazing new trails in entrepreneurship
The Central Statistics Office (CSO) data recently published show that Tripura tops the list of North-East States in terms of growth in per capita income. Between 1993-04 and 2007-08, the growth was 10.71 per cent, highest among the States in ...

CARS: Honda sticks to small car commitment with India
The two Japanese car makers Toyota and Honda share the same hall at the 10 {+t} {+h} Auto Expo here. In fact, there is hardly any noticeable boundary between both their pavilions. And, both were in the limelight for the world premieres of ...

TAXATION: Goods and Services Tax rollout date likely to be resolved today
The Centre and the States are likely to firm up on Friday a fresh date for rollout of dual goods and services tax (GST) in the country. The Finance Minister, Mr Pranab Mukherjee, had already dropped strong hints that the GST may not be ...

INDUSTRY ASSOCIATIONS: Study cites land acquisition as a major problem in Bengal
42.5% of investment proposals being implemented: Assocham. West Bengal has been able to execute close to 42.5 per cent of the investment proposals worth Rs 530,000 crore received between 2007 and 2009, according to a study by the Associated ...

TWO/THREE WHEELERS: Harley-Davidson, ICICI Bank tie up
Owning a Harley-Davidson might not be that hard now. At the Auto Expo on Thursday, Harley-Davidson India and ICICI Bank inked an MoU for a broad spectrum of banking services. Motorcycle enthusiasts will be able to avail themselves of ICICI ...

TWO/THREE WHEELERS: BSA Motors to invest Rs 50 cr next fiscal
BSA Motors plans to invest Rs 50 crore in the next fiscal as it aims to capture a 20 per cent market share of the electric scooters ...

CARS: Much potential in premium hatchbacks: VW's Garg
There is a huge throng of people at Volkswagen's pavilion at the Auto Expo on the inaugural day. Just a little earlier, the company had launched its hatchback Polo, to go on sale ...

EMPLOYMENT: ‘Team work needed for success of govt schemes'
KVIC awareness workshop in 10 districts. A sense of team work is necessary among the official agencies and banks to carry the benefits of the Prime Minister's Employment Generation Programme (PMEGP) to the poor and the downtrodden in the ...

FOREIGN TRADE: India's trade with Indonesia set to double in 3 years
Bilateral trade between India and Indonesia is expected to double to $20 billion in three years, according to Mr Andi Muhammad Ghalib, Indonesian Ambassador ...

PETROLEUM: Court dismisses landowners' plea for retail dealership of petro products
The Madras High Court has rejected the plea for allotment of retail outlets/dealership of public sector oil companies – Hindustan Petroleum Corpn and IBP Co Ltd – on ‘land owners category' as in the case of Indian ...

EDUCATION: Y. Raj Gopal, CEO, Winnou Systems and Services; Ronald Ross PG College, Hyderabad
A good leader is always more concerned about people than tasks and should be able to make his team visualise the success to motivate them, according to Mr Y. Raj Gopal, Chief Executive Officer, Winnou Systems and Services ...

NON-CONVENTIONAL ENERGY: Lanco Infra has big plans for solar power biz
Lanco Infratech Ltd is all set to enter the solar power business early next fiscal with not just generation but also manufacture and supply of equipment, including panels, for solar ...

KNITWEAR & HOSIERY: Budgetary support sought for Knitwear Technology Mission
The Tirupur knitwear cluster has sought the Union Textile Ministry's help for getting f Rs 35.80 crore to support the Knitwear ...

EVENTS: Flower power
...

FOREIGN TRADE: Indo-UK trade volume declined last year: Envoy
The bilateral trade between India and the United Kingdom, which has been growing at an average rate of about 20 per cent over the last few years, witnessed a decline in 2009 on account of the global ...

EDUCATION: Calicut NIT's programme on sales force management
The Technology Business Incubator of National Institute of Technology Calicut (NITC) is organising a one-day management development programme on sales force management for small and medium enterprises in information technology field on ...

POWER: APTransco's alternative tariff options
APTransco has submitted a proposal with the State Government for tariff hike for the next financial year or in the alternative bridge the gap by providing a subsidy of nearly Rs ...

EVENTS: Ornamental fish expo at Chennai from today
The Marine Products Export Development Authority is organising the third edition of the ornamental fish expo from Friday to Sunday ...

EDUCATION: B-school management fest
The students of T.A. Pai Management Institute (TAPMI), Manipal, will organise the annual management fest — ‘Atharva' – at Manipal from January 8-10. A press release said here that students from top Indian business schools ...

TERRORISM: Mumbai attacks may cost insurers Rs 500 crore: IRDA
General insurers may suffer a loss of over Rs 500 crore due to the Mumbai terror attacks, according to the Insurance Regulatory and Development ...

EVENTS: Auto Expo
...

EVENTS: Auto Expo
...

EVENTS: Auto Expo
...

HEALTH: Medical aid for pilgrims
On the occasion of Ganga Sagar Mela starting shortly, Bhukailash Welfare Centre here will provide the pilgrims with free medical assistance and run a 10-bed emergency hospital. Spectacles too will be distributed free to needy pilgrims, ...


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




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Markets (Jan 7)
Nifty (at close)5,263.10(-18.70)
US Dollar (Buy/Sell)45.74/75
Brent crude (a bbl) Rs3,780
Gold (a gram) Rs1,575
Silver (a kg) Rs28,690


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