The Hindu Business Line : Wednesday, November 25, 2009

INDUSTRY & ECONOMY

ECONOMIC OFFENCES: CBI arrests Co Law Board chief on graft charges
Media house official nabbed giving Rs 7-lakh bribe. New Delhi, Nov. 24 The Acting Chairman of Company Law Board (New Delhi), Mr R. Vasudevan, was arrested on Tuesday by the Central Bureau of Investigation (CBI) for allegedly taking a bribe of Rs ...

CINEMA: Bollywood keeps its fingers crossed for Q3
BIG-TICKET FLOPS. Mumbai, Nov. 24 What began as an ideal script in the third quarter of this fiscal seems to have gone completely awry ...

COURTS/LEGAL ISSUES: RNRL says it was unable to raise funds for Dadri project
Anil Ambani spends the day at Supreme Court. New Delhi, Nov. 24 On a day when Mr Anil Ambani made a surprise appearance in the Supreme Court in the Ambani brothers’ gas row, his company Reliance Natural Resources Ltd (RNRL) said it was ...

FOREIGN DIRECT INVESTMENT: Tread cautiously on bilateral investment treaties
In the last few days, the possibility of India and the United States (US) signing a Bilateral Investment Treaty (BIT) has gained some ground. BITs, often perceived as admission tickets to foreign investments, are international agreements ...

BREWERIES: Five distillers allowed to raise production capacity
Hyderabad, Nov. 24 The Andhra Pradesh Government has permitted five distilleries in the State to enhance their production capacity ranging from 13 lakh proof litres to 42 lakh proof litres to one of the five producers, while deciding to take ...

FOREIGN DIRECT INVESTMENT: PepsiCo’s FDI plan gets FIPB clearance
$200-m proposal may require CCEA approval. New Delhi, Nov. 24 PepsiCo India Holding’s proposal for additional equity investment of $200 million in its Indian operations may get the green ...

AUTOMOBILES: Auto sector growth to push up demand for rubber
Unfavourable weather conditions could dampen production levels. Kottayam, Nov. 24 The progress achieved by the global automobile industry during the second lap of the current year gave a fresh impetus to the demand for rubber and it continues ...

EVENTS: Fifth edition of EXCON opens today
Huge growth plans to fuel construction equipment sector Excon 2009. Bangalore, Nov. 24 The fifth edition of Excon 2009, the largest construction equipment exhibition in South Asia is expected to have over 30,000 visitors. The exhibition to be ...

INFRASTRUCTURE: Ackruti City to set up Rs 300-cr textile park
Mumbai, Nov. 24 Mumbai-based real estate developer Ackruti City plans to set up an Rs 300-crore textile park on 60 acres in suburban Biwandi near ...

ECONOMY: ‘Exit’ must not upset economic recovery: Gokarn
Mumbai, Nov. 24 Exit from expansionary monetary policy has to be done strategically and carefully to ensure that there is no negative impact on the economy, according to Dr Subir Gokarn who took charge as an RBI Deputy Governor here ...

HOTELS: Hotel occupancy level holds even as room rate dips
Thiruvananthapuram, Nov. 24 Hotels in the State have been able to maintain the April to September occupancy levels on a par with year-ago levels but at the expense of average room rate ...

FOREIGN TRADE: India-Azerbaijan panel to meet tomorrow
To discuss trade, investment issues. New Delhi, Nov.24 The first meeting of the India-Azerbaijan Inter-Governmental Commission on Trade, Economic, Scientific and Technological Cooperation is scheduled to be held here ...

EVENTS: BEML: eye on global play
BEML Ltd, a Mini Ratna under the Ministry of Defence, is a multi-technology and multi-location company offering high-quality products for diverse sectors such as coal, mining, steel, limestone, power,irrigation, construction, road building ...

EVENTS: ECE Industry to grow five times by 2015
Bangalore, Nov. 24Rapid economic growth in India is creating exponential development in several industries. The infrastructure sector is growing strongly, leading to the expansion of construction-related industries. Between2004 and 2006, ...

HUMAN RESOURCES: SIPCOT plans training facility
Chennai, Nov. 24 The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) plans to set up facility in public-private partnership to train workers for the manufacturing sector, according ...

NON-CONVENTIONAL ENERGY: XL Tele looks at US, Canada for solar products
Hyderabad, Nov. 25 XL Telecom and Energy Ltd has said that it is exploring opportunities in the US ...

FOREIGN TRADE: Polish mission in India to boost ties
New Delhi, Nov. 24 The seventh official Polish mission to India, organised by the Polish Information and Foreign Investment Agency, will focus on the Indian ITeS, automotive and pharmaceutical ...

OVERSEAS BORROWINGS: Overseas borrowing by cos increases in October
Mumbai, Nov. 24 Indian companies raised a total of $2.58 billion through overseas borrowing in October, according to the latest figures released by the Reserve Bank ...

EDUCATION: FICCI signs 3 pacts with US educational institutions
The Federation of Indian Chambers of Commerce and Industry announced on Monday that it has signed 3 MoUs in Washington with educational institutions in the ...

REAL ESTATE & CONSTRUCTION: Janapriya launches ‘Magic Home’
Hyderabad, Nov.24 With the cost of realty ruling high notwithstanding recession, Janapriya has come out with a boutique flat concept. With just 535 sq.ft, the ‘Magic Home’ would offer beds doubling as sofas and writing ...

TERRORISM: Knights on wheels
Mumbai, Nov. 24 Fifty-nine-year-old Mr Jasbir Singh has seen wars in the 37 years he has been with the Navy. And yet, “the most horrifying moment” in this ex-serviceman’s life came while dealing with ...

URBAN DEVELOPMENT: TN team studies Singapore models
A delegation of high-level officials led by the Tamil Nadu Deputy Chief Minister, Mr M.K. Stalin, visited the Singapore Urban Redevelopment Authority and the Financial District to study their working to replicate similar models here, according to ...

TRADE & LABOUR UNIONS: Trade unions plan protest
Left trade unions including CITU, AITUC, UTUC and others will stage a protest rally in front of Coal India Ltd headquarters in the city on November 26 in protest against the recent hike in coal prices. In a press release issued here, the CITU ...