Business Line articles from November 2009

Business Line archives from November 2009

FRONT PAGE: US funds are top investors in Indian markets.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - With the US and other western economies seeing little opportunities for investment in their own backyard for the last 12-18 months, India has emerged the most lucrative markets for short...

FRONT PAGE: Bigger hit, slower recovery for small cos.
November 30, 2009... from BUSINESS LINE, November 30, 2009 After having grown at enviable rates in the boom years of 2006-07 and 2007-08, smaller companies saw profits fall more drastically in 2008-09 than their bigger counterparts. What is worse, they have also...

FRONT PAGE: Reliance's D6 gas lights up idle capacity.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - With the Reliance Industries Ltd (RIL) operated KG-basin D6 block gas flowing in, the gas-based power generation across the country has registered a healthy turnaround. In October, a...

FRONT PAGE: HEG: Buy (Rs 285.70).
November 30, 2009... from BUSINESS LINE, November 30, 2009 Investors with a mediumterm perspective can consider investing in the stock of HEG, a leading manufacturer of graphite electrodes in the country. The stock charts of HEG show that the stock's longterm...

INFO-TECH: Concerns on number portability.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - The Department of Telecom has asked all mobile operators to ensure that the mobile number portability system being implemented is compliant to the requirements of security related...

CORPORATE: Titan Energy, Suniva set up unit in Bengal.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Hyderabad, Nov. 29 - Suniva Inc, a US-based manufacturer of monocrystalline silicon solar cells and solar modules, announced the completion of its one MW collaborative project with Titan Energy Systems Ltd,...

CORPORATE: GHIAL, ACI World in training pact.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Hyderabad, Nov. 29 - GMR Hyderabad International Airport Ltd (GHIAL) and Airports Council International (ACI World), the voice of the airports around the world, on Saturday signed an agreement for the...

CORPORATE: Coal India may talk tough to Bengal Govt.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kolkata, Nov. 29 - Coal India Limited may have taken a tough stance with regard to the latest controversy over the industrial investment proposals in the coal bearing zones of Ranigunj-Asansol area in West...

NEWS: 'Dubai debt crisis will have limited impact'.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Mumbai, Nov. 29 - Dubai's debt crisis has rattled markets across the world as the problem revived worries about the health of the global financial system. Although the exposure of Indian companies and banks...

CORPORATE: Management grads may see better placements.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Hyderabad, Nov. 29 - If you are a management student looking for a campus placement, cheer up. The hiring prospects at the premier business schools and second-rung colleges could be encouraging, according...

NEWS: Hiring activity spurs demand for HR professionals.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - The economic recovery and the resultant pick-up in hiring in sectors such as BFSI, IT and pharma has revived demand for HR and recruitment professionals. "In times of slowdown, human...

INFO-TECH: Ban on illegal handsets: 20 m mobile users to go off air tomorrow.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - With just a day left for the Government-imposed ban on illegal handsets to come into effect, the mobile operators have sought a two-month extension of the deadline. The operators who...

NEWS: Marriott set to add 550 rooms.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Chennai, Nov. 29 - Hotels and resorts brand Marriott International is all set to add another over 550 rooms to its existing 2000-room inventory across cities in the next couple of weeks. According to Mr...

CORPORATE: Shriram EPC in pact with Chinese co for power projects.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Chennai, Nov. 29 - Shriram EPC Ltd has signed a memorandum of understanding with North West Electric Power Design Institute of China to form a consortium to undertake 'engineering, procurement and...

NEWS: Mamata renews appeal to Bengal Govt for coach factory in Singur.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Singur, Nov. 29 - The Railway Minister, Ms Mamata Banerjee, on Sunday renewed her appeal to West Bengal Government for joining hands with the Railways for floating a joint venture to set up a coach factory...

NEWS: Air India flights to operate as usual from tomorrow.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - Air India flights will operate as normal from Tuesday. This follows the airline management and pilots reaching an agreement in Mumbai on Sunday. "The agreement involves some financial...

NEWS: Spectrum allocation to figure prominently at TRAI open house.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - The three-day open house discussion initiated by the telecom regulator, starting on Monday, is expected to see a divided telecom industry with operators taking divergent views on issues...

NEWS: Kaiga plant leak an act of mischief, says AERB team.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Mumbai, Nov. 29 - A team of the Atomic Energy Regulatory Board, which returned on Sunday to Mumbai after investigating the radiation leak in the Kaiga Atomic Power Station in Karnataka, has concluded that it...

MARKETS: FIIs will focus more on primary market: UTI MF.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Mumbai, Nov. 29 - Foreign institutional investors appear to be betting big on the primary market rather than the secondary market, says Mr Anoop Bhaskar, Head of Equities at UTI Mutual Fund. Speaking to...

MARKETS: Satyam Computer tumbles 16%.
November 30, 2009... from BUSINESS LINE, November 30, 2009 US markets surrendered their gains following the Dubai crisis. The Dow Jones Industrial Average ended the week down 0.1 per cent, while the Standard & Poor's 500 closed on a flat note. The...

MARKETS: Tata Communications (Rs 382): Buy.
November 30, 2009... from BUSINESS LINE, November 30, 2009 We recommend a buy in the stock of Tata Communications from a short- term perspective. It is apparent from the charts that the stock has been on a medium-term downtrend from its May high of Rs 651 (a 52-...

MARKETS: Day Trading Guide.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would...

MARKETS: MF trading: For a price, but with advantages.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Coimbatore, Nov. 29 - Come Monday, mutual fund units would be traded on the NSE. But unlike some of the close-ended schemes already being traded on the exchange, the new units would not be available at a...

MARKETS: Profit-booking may rise.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The Dubai debt crisis may not influence the local equity market this week unless it turns into an emerging markets' sovereign risk blow out. The crisis, however, is likely to serve as an excuse for year- end...

TRANSPORT: Maersk to stop Chennai calls.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Maersk Line plans to stop making calls at Chennai port from January, according to shipping industry sources. The port will be dropped from the shipping line's MECL 2 service in a bid to run the service at a...

TRANSPORT: Endgame in battle for Great Offshore.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The race to acquire Great Offshore appears to have entered into its final lap, with Bharati Shipyard and ABG Shipyard gearing up to make the open offer which has been cleared by the regulator - SEBI. Both...

TRANSPORT: E-port helps customers worldwide to do business with the port.
November 30, 2009... from BUSINESS LINE, November 30, 2009 'Accuracy, Speed, Efficiency and Transparency' is now the slogan at Kochi Port. Gone are the days of pushing mountains of files. Gone are the days when a transaction would take several rounds of manual...

TRANSPORT: Kolkata port stays headless.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kolkata Port Trust has been functioning without a full-fledged Chairman for the past five months. The Deputy Chairman in charge of the Kolkata Dock System - there is another Deputy Chairman in-charge of...

TRANSPORT: Prospects for Asian transport sector.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Two statements are available about the prospects of the Asian transport sector. According to Nomura, the Asian economic recovery is helping intra-Asia trade return to profit. With sub-trades such as...

TRANSPORT: Seafarers call for anti-piracy steps.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The Seafarers Section of the International Transport Workers' Federation (ITF) is upset with flag states and shipowners who have done nothing to fight Somali piracy. "Some countries are actively fighting...

OPINION: A routine WTO Ministerial.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The summary that the WTO Director-General, Mr Pascal Lamy, provided of the state of the Doha Round negotiations at the end of last week suggests that matters have hardly moved towards any favourable...

OPINION: Despair in Dubai.
November 30, 2009... from BUSINESS LINE, November 30, 2009 If the crisis in Dubai that roiled markets towards the close of last week has a lesson it is this: the world still panics at any bad news. No sooner had Dubai World, the emirate's investment company, sought...

OPINION: Making sense of Pakistan.
November 30, 2009... from BUSINESS LINE, November 30, 2009 A new book Making Sense of Pakistan by Farzana Shaikh, who was born in Karachi and is currently a Fellow in Chatham House, London, is evidently unsympathetic to the way Pakistan has been ruled. Hence, one...

OPINION: Salary information.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Section 217(2A) of the Companies Act provides that the particulars of employees, whose salary is above the prescribed limit (currently Rs 2,00,000 per month ) be enclosed to the Director Report. However,...

OPINION: PM's visit to the US.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The Prime Minister, Dr Manmohan Singh's visit to the US was a futile exercise. The US will give financial and military aid to Pakistan, which will, in turn, use American money and weapons against India....

OPINION: Party crashers par excellence.
November 30, 2009... from BUSINESS LINE, November 30, 2009 No other happening within living memory has gripped the attention of the world to the same extent as the incredible feat pulled off by the Washington socialite couple, Michaele and Tareq Salahi, at the White...

OPINION: Over the top.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Masters of Ceremonies can go to any extent while introducing politicians and gushing about their so-called achievements. At a recently-concluded textile event, a senior man from the industry was heard...

OPINION: Striking the right chord.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The Prime Minister, Dr Manmohan Singh's state visit to the US was, no doubt, an important opportunity for him and the US President, Mr Barack Obama, to discuss the Indo-US relationship and problems of mutual...

OPINION: Climate change is showing.
November 30, 2009... from BUSINESS LINE, November 30, 2009 In Europe, the weather had been so pleasingly placid that many plants and trees in my garden thought it was still spring. Summer seems to have waited all summer to get here, in autumn. The leaves of the big...

BANKING/FINANCE: Bank of Maharashtra to expand in unbanked areas.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Pune, Nov. 29 - Pune-based Bank of Maharashtra recently entered its Platinum Jubilee year. In an interview with Business Line, Mr Allen C.A. Pereira, Chairman and Managing Director, spoke on the bank's...

BANKING/FINANCE: Nabard to focus on 13 States for SHG-bank linkage.
November 30, 2009... from BUSINESS LINE, November 30, 2009programme Mumbai, Nov. 29 - The self-help group-bank linkage programme extending microfinance services such as micro saving, micro credit, micro insurance, and financial advice to the poor could reach the...

BANKING/FINANCE: KYC norms for money transfer services tightened.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Mumbai, Nov. 29 - All authorised persons, who are Indian agents under the money transfer service scheme, should undertake profiling for each new customer, based on the customer's risk. The profile may...

BANKING/FINANCE: Yields plunge as credit offtake remains sluggish.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Bangalore, Nov. 29 - Bond yields headed further south as banks' credit books remained stubbornly sluggish so far into the peak season, triggering a chase for bonds. Traders said bond market buoyancy was...

BANKING/FINANCE: Bank wage arrears to be paid in cash.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - It is not only bank employees and officers who will get a bonanza from the wage settlement arrived at on Friday between the bank unions and Indian Banks' Association (IBA). The Income...

COMMODITIES: Gold tumbles on Dubai debacle, but investor interest to stay.
November 30, 2009... from BUSINESS LINE, November 30, 2009positive Mumbai, Nov. 29 - Whether another contagion is in the making is unclear at present, but last week's financial crisis with Dubai as the epicenter surely stoked fears of a possible repeat of what...

COMMODITIES: Where is gold headed?
November 30, 2009... from BUSINESS LINE, November 30, 2009 Chennai, Nov. 29 - On Friday, when the Dubai debt storm sent shivers down the spine of global markets, gold showed how resilient it could be. As the Dubai World's dilemma unveiled, the yellow metal...

COMMODITIES: Gold may test resistances levels.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Comex gold futures ended lower Friday in choppy trade but finished well above session lows as investors sought safer assets after Dubai's attempt to reschedule debt shook confidence in higher yielding...

COMMODITIES: Pepper remains outpriced; exports register drop.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kochi, Nov. 29 - The chances of Indian pepper getting overseas orders are appears to be remote at present as the MG 1 remained out priced in the world market due to a strong rupee against the dollar and the...

AGRI-BUSINESS: Vanaspati: The health risk factor.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - With an annual production of 1.5 million tonnes, the domestic vanaspati industry, taking an average ex- factory price of Rs 45 a kg, is worth over Rs 6,500 crore. Besides the likes of...

AGRI-BUSINESS: Coonoor tea prices drop on inadequate demand.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Coonoor, Nov. 29 - Although the volume of 11.90 lakh kg offered for Sale No: 48 of the auctions of Coonoor Tea Trade Association on Friday was the lowest of the last 27 weeks, prices eased by Rs 3 a kg and...

AGRI-BUSINESS: Higher tax on branded food products dents competitiveness.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Chennai, Nov. 29 - An over 18 per cent tax on branded processed agricultural products had led to stagnation of processing in fruits and vegetables in the country. Only two per cent of the fruits and...

AGRI-BUSINESS: Coastal TN rains may signal end to weak monsoon phase.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Thiruvananthapuram, Nov. 29 - Isolated rain has been reported over Tami Nadu during the 24 hours ending Sunday morning, with the heaviest falling over the southeast coast. This could be the harbinger of a...

AGRI-BUSINESS: Govt to impose trans fat limits on vanaspati soon.
November 30, 2009... from BUSINESS LINE, November 30, 2009 New Delhi, Nov. 29 - Vanaspati makers are apprehensive over a proposed regulation seeking to limit the Trans Fatty Acids (TFA) content in their product to 10 per cent by early next year and to 5 per cent...

STATES: Sisira Auto plans hi-tech OB vans.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kochi, Nov. 29 - The Kalady-based Sisira Automobiles, leading bus body builders, has embarked on major diversification aimed at bringing out hi-tech outdoor broadcasting (OB) vans and mobile medical units....

STATES: Rs 2,000-cr biz deals finalised at EXCON.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Bangalore, Nov. 29 - EXCON 2009, the construction equipment and technology trade fair which concluded here on Sunday, saw business deals worth Rs 2,000 crore being struck, the event host, CII, said. The...

STATES: Work on auto hubs by Rlys inaugurated.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kolkata, Nov. 29 - The Railway Minister, Ms Mamata Banerjee, on Saturday kicked off at Shalimar station here the work on the first of a total 10 automobile hubs to be set up by the Railways across the...

STATES: Kerala call centre for traders' aid.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kochi, Nov. 29 - The State Finance Minister, Dr T.M.Thomas Isaac, has said that a call centre for looking into the complaints related to the Commercial Taxes Department will start functioning in the State...

STATES: K. Ajay Kumar, Income Tax Commissioner; Andhra Loyola College,.
November 30, 2009... from BUSINESS LINE, November 30, 2009Vijayawada Vijaywada, Nov. 29 - A strong banking system and the steps taken by the Government have helped effectively tackle the economic slowdown in India caused by the global recession in general and the US...

STATES: Meru Cabs looks to double fleet size.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Mumbai, Nov. 29 - Radio taxi service Meru is looking to double its fleet size in the next one year from the current 3,800 taxis. The fleet enhancement is in line with the company's plans to go to Kolkata and...

STATES: Chetan Krishnaswamy, Director (Corporate Affairs), Dell; Pooja Bhagavat Memorial Mahajana Post-Graduate Centre.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Mysore, Nov. 29 - The marketing landscape is changing. It is changing from traditional tenets of products and services to corporate branding. Speaking on the 'Role of social media in redefining communication...

STATES: FACT-Rubbermark pact for granulated mixture.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Kochi, Nov. 29 - The public sector FACT and Kerala State Co- operative Rubber Marketing Federation (Rubbermark) have entered into a joint venture for producing granulated mixture of fertilisers. The Rs...

STATES: Centre studying Kerala's concerns over co-op reforms.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Thiruvananthapuram, Nov. 29 - The Union Finance Minister, Mr Pranab Mukherjee, has directed his Ministry to look into contentious issues with Kerala Government over the Vaidyanathan Committee...

STATES: Strong public opinion in favour of regulation, says SEBI member.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Thiruvananthapuram, Nov. 29 - More than half of a representative sample of people surveyed in India has expressed itself in favour of persisting with the current level of regulation of the stock market, if...

E-WORLD: Wolf in sheep's clothing.
November 30, 2009... from BUSINESS LINE, November 30, 2009 A predictable day in a professional's life (say, in Bangalore) would probably begin like this: At 9 a.m., he is working on the latest presentation on his laptop on way to office; An hour later, on reaching...

E-WORLD: Don't fill all the blanks.
November 30, 2009... from BUSINESS LINE, November 30, 2009 One needs to be careful while giving out personal details in social networks. Before you select something from a list, better check whether it is really what you want to convey. If you are not sure, just...

E-WORLD: Rollout drive.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Cyberstar Infocom Pvt Ltd, distributor of IT peripherals, networking products and components in India and SAARC, has announced the release of HP ODDs (Optical Disk Drives) in India. Cyberstar will be the...

E-WORLD: Designed for Intel.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Transcend Information Inc, global manufacturer of memory modules, has announced the launch of a new DDR3 1333MHz memory module kit designed for Intel's latest LGA1156 Core i5 and Core i7 platforms. The new...

E-WORLD: Unmask the masquerador.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Instances of rogue anti-virus programs, or fake security solutions that will entice you to a hacking trap, are growing at an alarming pace. Here, hackers and cyber criminals lure you by offering to...

E-WORLD: Guard your territory.
November 30, 2009... from BUSINESS LINE, November 30, 2009 As I write this column on the poignant anniversary of 26/11, my thoughts are on how cyberspace has unwittingly facilitated terrorism and how we need to act swiftly so that this medium of communication can be...

E-WORLD: Reasoning beyond intuition.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Likening the universe to a mathematical carpet which is perceived by creatures looking at it through imperfect glasses, Clifford A. Pickover suggests that computers may yet allow humanity to perfect those...

E-WORLD: $500 m savings annually...
November 30, 2009... from BUSINESS LINE, November 30, 2009 Technology, for a bank, is the factory, warehouse and end-product, says Jan Verplancke, CIO, Group Head, Technology and Operations, Standard Chartered Bank. While investing in technology does help banks to...

E-WORLD: Twist to the show.
November 30, 2009... from BUSINESS LINE, November 30, 2009 The party commenced at half-past six. The guests, dressed in formal suit and black-tie, were guided to their seats and the setting - lights, red carpet, photograph gallery and video clips - was just right to...

E-WORLD: Being invisible online won't help.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Covering subjects ranging from reputation to national ID card schemes, from DNA collection to online safety of children, is Virtual Shadows (www.vivagroupindia.com), a recent publication that is "small...

E-WORLD: Quiz.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Questions 1. Which desktop application is the first and probably the only one to have Google's AdSense Ads? 2. Of late, Google's first ad space on Google Image Search page has explained why an offensive...

MENTOR: A new dispute resolution mechanism.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Several multinationals operating in India today are affected by issues relating to source based taxation, attribution of profits and transfer pricing (TP). Huge TP adjustments have also plagued several...

MENTOR: FPO mechanism.
November 30, 2009... from BUSINESS LINE, November 30, 2009 There is a feeling that the new mechanism for FPO (follow-on public offer) is the precursor for changing the IPO price discovery mechanism. Is it true? Mary Johnson, Eranakulam May be, but SEBI ought to have...

MENTOR: Benami property.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Is the benami law operative? Radheyshyam Pahwa, Meerut The Benami Transactions Prohibition Act, 1988 prohibits owning of properties benami. This much is the law which has been operationalised but the key...

MENTOR: Why demerger.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Why do we need to demerge at all? Why not start off and stay as a single product company if a conglomerate set up is not one's cup of tea? Mahesh Mahendiratta, Ludhiana Your view is shared by a quite a few...

MENTOR: For a crash-proof CAT.
November 30, 2009... from BUSINESS LINE, November 30, 2009 I followed the TV news yesterday and read the newspapers this morning about the problems in the online delivery of the CAT exam; the indictment is very clear. Technology is to be blamed. Here is a wonderful...

Psychology at work.
November 30, 2009... from BUSINESS LINE, November 30, 2009 What are the scientific roots of the OD (Organisation Development) and HR profession? What is really the foundation behind all the things that we as OD and HR professionals do? While many of the sciences,...

Mentoring.
November 30, 2009... from BUSINESS LINE, November 30, 2009 What dads, teachers, and immediate bosses used to do - for free, and as a matter of course, is now almost a full-fledged commercial service by itself. The concept of mentoring has been around for...

Winning over a foreign client.
November 30, 2009... from BUSINESS LINE, November 30, 2009 Being well behaved and doing things as expected may not get you noticed or earn you Brownie points, but not doing things as expected will certainly get you attention for the wrong reasons. So there's...

FRONT PAGE: UTI to be first on NSE mutual fund platform.
November 29, 2009... from BUSINESS LINE, November 29, 2009 Mumbai, Nov. 28 - Around 30 of the 100 schemes of UTI Mutual Fund will be listed on the new NSE Mutual Fund platform, which is set for a Monday launch. The liquid schemes will not be included among them,...

FRONT PAGE: L&T ties up with NPCIL to make forgings for n-plants.
November 29, 2009... from BUSINESS LINE, November 29, 2009 Mumbai, Nov. 28 - Larsen and Toubro is all set to ink a joint venture agreement with the Nuclear Power Corporation of India for setting up a Rs 2,000-crore project to make forgings for nuclear power plants....