Business Line articles from September 2008

Business Line archives from September 2008

FRONT PAGE: Jet to dilute 10% equity: Goyal.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - In an effort to bail out the bleeding airline, Jet Airways plans to raise capital through a stake sale of up to 10 per cent. Mr Naresh Goyal, Chairman, told newspersons on the...

FRONT PAGE: Rupee breaches 47.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The meltdown in the equity market and strengthening of the dollar in the global markets had its impact in the local currency market on Monday. The rupee breached the psychologically...

FRONT PAGE: Markets feel the global tremor.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - News that the global financial turmoil is now claiming financial institutions in Europe and the UK sent the Sensex plunging to an 18-month low on Monday, to a sub-13,000 close. ...

FRONT PAGE: Infosys mum on Axon counter offer.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi/Bangalore, Sept. 29 - With the 60-hour deadline having lapsed since HCL's 650 pence a share offer for Axon Group, and Bangalore based Infosys Technologies still holding cards close to its chest...

FRONT PAGE: Amsterdam uses garbage to light up the city.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Recently in Amsterdam The success of a waste-to-energy project in far-away Amsterdam could solve the most pressing problem of Indian cities and towns, which are grappling both with growing garbage...

CORPORATE: Bajaj Auto eyes bigger slice of 125 cc pie.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Hyderabad, Sept. 29 - Bajaj Auto is gunning for a larger slice of the 125 cc category and above market, wherein the company already accounts for a share of over 51 per cent. Launching the company's...

CORPORATE: Piramal Life second cancer compound enters clinical trials.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Piramal Life Sciences Ltd has received regulatory approvals to start Phase I clinical trials in Canada on its new cancer compound P-1446A-05. This would be the second prospective...

CORPORATE: Adani, Chemoil sign pact for joint venture.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Ahmedabad, Sept. 29 - Adani Enterprises Ltd (AEL), a constituent of the Adani Group, has signed an exclusive, 50:50 joint venture agreement with Chemoil, one of the world's leading physical suppliers of...

FRONT PAGE: Nano issue adds to woes of auto component makers.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Domestic autoparts suppliers banking on volumes from the production of the Nano to mitigate the impact of the slowdown in the domestic and global auto industry, say that their...

CORPORATE: Price of Suzlon Energy rights issue in six weeks.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The price of the Suzlon Energy Ltd rights issue of about Rs 1,800 crore would be decided in about six weeks. The company is awaiting clearances from the Foreign Investment Promotion...

CORPORATE: Suven completes phase I dose study on new drug.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Hyderabad, Sept. 29 - Suven Life Sciences Ltd announced on Monday that it has completed the Phase-I single ascending dose study of SUVN-502 in healthy subjects. The study was conducted at Basel,...

CORPORATE: New Bolero comes with CRD engine.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Mahindra & Mahindra on Monday launched the new edition of the SUV Bolero. The new Bolero VLX comes with CRDE (common rail diesel engine), improved upholstery and body styling. ...

CORPORATE: Areva T&D, GE in pact for electrical solutions.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Areva T&D India and GE Consumer and Industrial-India on Monday announced a strategic alliance to focus on turnkey electrical solutions. An official statement said the alliance...

CORPORATE: IVRCL bags Rs 418-cr M.P. project.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Hyderabad, Sept. 29 - IVRCL Infrastructures and Projects Ltd has bagged a Rs 418.50-crore lift irrigation scheme in Madhya Pradesh. The project, which envisages providing water to 35,000 hectares, also...

CORPORATE: Tenneco bringing all subsidiaries under one entity.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - The $4.4-billion global auto parts' maker, Tenneco has decided to merge all its subsidiaries in India into one entity and open two more factories in the country. The Tenneco...

CORPORATE: Tight retail finance, inflation dampen auto festive outlook.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - With the festive season round the corner, the combination of tight finance and high food plus commodity prices is making automobile dealers wary of sales during this peak season....

CORPORATE: Maruti drive: Making 750 variants of one car.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Hyderabad, Sept. 29 - Just imagine the complexity of producing 750 variants of an automotive. The challenge is to meet different specifications, for diverse markets and separate brands. This is what...

CORPORATE: V-Guard to launch building wiring products.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - V-Guard Industries will soon be launching building wiring products in the North, sourcing 50 per cent of the additional capacity created in its new factory in Kashipur in...

CORPORATE: 'Pharma offshoring market to touch $2.5 b by 2012'.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - Pharmaceutical offshoring in the country is poised to become a $2.5-billion (nearly Rs 11,600-crore) opportunity by 2012, according to Zinnov Management Consulting. A...

CORPORATE: Harsha Group to invest Rs 1,500 cr in Tamil Nadu.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Chennai, Sept. 29 - The Dubai-based Harsha Group, a diversified entity promoted by NRIs, is to invest Rs 1,500 crore in Tamil Nadu to set up manufacturing and R&D facilities. The group which has a...

CORPORATE: Orchid Chem ties up with Merck.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Chennai, Sept. 29 - Orchid Chemicals and Pharmaceuticals Ltd and Merck & Co have entered into a research collaboration and licence agreement to discover, develop and commercialise molecules essential for...

INFO-TECH: Subex bags $50-m BT contract.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - Subex Ltd, a provider of Operations and Business Support Systems, said on Monday that it has signed with British Telecom a three-year framework contract of about $50 million, to...

INFO-TECH: Nasscom to review export targets in December.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Amid a financial crisis in the US, software association Nasscom on Monday said it would undertake a review of the export growth forecast for FY09, in December. The National...

INFO-TECH: Gujarat Govt in talks with MAIA.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Ahmedabad, Sept. 29 - The Gujarat government is in talks with business intelligence (BI) reporting solutions company, MAIA Intelligence, in association with Microsoft for implementation of the 1Key Agile...

INFO-TECH: Revenue break-up: DoT sets up review panel.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - In view of the objections raised by the telecom regulator, the Department of Telecom is now rethinking its earlier decision to allow operators to separate their revenues from 2G and...

INFO-TECH: Telcos want diesel subsidy to continue.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Concerned over the rising cost of operations, telecom companies are demanding that the Government continue the subsidy on diesel for mobile operators. According to industry...

INFO-TECH: Satyam Computer strategy head quits.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Mr Shailesh Shah, the Chief Strategy Officer of the country's fourth largest software exporter Satyam Computer Services, has put in his papers. Confirming the move to Business...

INFO-TECH: Agilent set to launch next-gen DNA sequencer.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Hyderabad, Sept. 29 - Agilent Technologies, the $5.4-billion global measurement company, is set to launch the next-generation DNA sequencer by end of 2008. The new high throughput crunching machine...

INFO-TECH: Jerry Rao quits EDS.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - Mr Jaithirth (Jerry) Rao, Chairman, EDS Asia Pacific Advisory Board and founder of MphasiS, has decided to resign from the company to pursue his personal interests, the company said...

INFO-TECH: MindTree board clears Aztec deal.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - R&D and IT services provider MindTree Ltd said on Monday its Board of Directors approved the scheme of amalgamation of Aztecsoft Ltd with the company at its meeting held on...

INFO-TECH: Integreon to strengthen global presence.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Coimbatore, Sept. 29 - Integreon Managed Solutions, an integrated knowledge process outsourcing company, seeks to become a dominant player in providing middle-office services. It plans to invest in...

MARKETING: Accor, Sodexo eye modern retail for loyalty schemes.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Employee incentive and loyalty solutions providers such as Accor Services and Sodexo India are now targeting modern trade retailers with their programmes. Accor Services recently...

MARKETING: Coca-Cola launches Sprite Xpress.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Coca-Cola has launched a 350-ml version of Sprite. Smaller than the current pet bottles, Sprite Xpress is for on-the-go young consumers, who in a while will also get Coca-Cola, Diet...

MARKETING: Ion Exchange aims at top slot for Zero B in two years.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Ion Exchange (India) Ltd is revamping its marketing strategy to make its flagship product, Zero B, a market leader in the water purifying category. The company said it is eyeing a...

MARKETING: BIG Home Video strikes deals.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - BIG Home Video, the home entertainment division of BIG Music & Home Entertainment, has entered into an exclusive deal with major studios in Hollywood - DreamWorks, Warner Bros and...

MARKETING: Sony sets aside Rs 60 cr for LCD TV promos.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Ahmedabad, Sept. 29 - Sony India Pvt Ltd, which markets Sony products in the country, will invest Rs 60 crore in promoting the range of LCD TVs this year, a company official said here. . Sony, which...

BANKING/FINANCE: ICICI Bank's overseas exposure is 'investment grade'.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - ICICI Bank, the largest private sector lender in the country whose shares suffered heavy hammering on the bourses, on Monday allayed fears over its overseas exposure. In a...

BANKING/FINANCE: RBI discusses liquidity concerns with IBA.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The meeting between the Indian Banks' Association and the Reserve Bank of India officials, ahead of the monetary policy, on Monday, focused on liquidity and the global financial...

BANKING/FINANCE: Bond prices decline.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Bond prices closed lower by about 50 paise from Friday's close on fears of tightness in liquidity, though they recovered from the day's low. Banks have been borrowing close to around...

BANKING/FINANCE: IDBI Fortis Life allays fears.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The partial nationalisation of the Belgian-Dutch banking and insurance group Fortis will not have any impact on IDBI Fortis Life Insurance Company, Mr G. V. Nageswara Rao, MD and CEO...

BANKING/FINANCE: Call rates spurt.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The inter-bank call rates closed substantially higher at 15.75-16 per cent, as against the previous close of 11- 11.50 per cent. The severe liquidity crunch could also be gauged by the...

LOGISTICS: Ministry's new rule forces cos to withdraw bids for highway projects.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sep 29 - From the National Highways Authority of India (NHAI) project to widen Rimuli-Roxy-Rajamunda stretch, all the six shortlisted bidders have opted out, where as from the Chandikhole-...

LOGISTICS: Jaisu bags capital dredging contract at Kochi.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kochi, Sept. 29 - The Kandla-based Jaisu Shipping Company has bagged the capital dredging contract at Kochi port to deepen and widen the channels for the Vallarpadam project. The contract will also...

OPINION: Who can tackle terror?
September 30, 2008... from BUSINESS LINE, September 30, 2008 One more dastardly attack in Delhi has claimed two lives, one of an innocent 11-year-old child, whose parents had obviously taught him that if he finds anything he should try and return it to its owner....

OPINION: Higher deposit rates.
September 30, 2008... from BUSINESS LINE, September 30, 2008 State Bank of India has started offering 10.5 per cent deposit interest (11 per cent for senior citizens) for 1,000-days, which is slightly less than three years. For the others days in the 2-3 years...

OPINION: Retail investors keep faith.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Even as foreign institutional investors queue up at the exit and domestic institutions hesitate on the sidelines, retail mutual fund investors continue to keep faith in the potential of Indian stocks....

OPINION: Saying it with flowers.
September 30, 2008... from BUSINESS LINE, September 30, 2008 The generation born in 'globalised' India is gradually replacing the older genre and the doctrines of working and living are also changing. The new tag-lines, 'Play more, win more' and 'Earn more, spend...

OPINION: 'Huge increase in recovery rate reflects the NELP's success'.
September 30, 2008... from BUSINESS LINE, September 30, 2008 From being considered non-starters in the hydrocarbon scene, Indian companies seem to have emerged the winners with recent oil and gas discoveries. In the midst of all this activity is the Director-...

OPINION: An 'opinion' on voter polls.
September 30, 2008... from BUSINESS LINE, September 30, 2008 The Law Ministry has recently forwarded a proposal suggesting the amendment of the Representation of People Act, 1951, by which publishing or telecast of opinion and exit polls could be banned once the...

NEWS: Govt approves setting up of solar mission.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - The Government has approved the creation of a national solar mission, on the lines of the Atomic Commission. This was done on the recommendations of the National Manufacturing...

NEWS: 'Utilities should increase power purchase from renewable sources'.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - The Government should enact a renewable energy law requiring all utilities (electricity boards) to increase their purchase of power, year after year, from renewable sources, a...

NEWS: Wachovia impact: IT vendors on 'wait-and-watch' mode.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore/New Delhi, Sept. 29 - There's more trouble brewing for the Indian IT and BPO vendors as Wachovia Corp, the sixth largest bank in the US, becomes the latest victim of the financial turmoil....

NEWS: Adjustment aid mooted to tackle free trade impact.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Asian Development Bank (ADB) could create an adjustment assistance window for industries that are impacted by free trade agreements (FTAs) and under threat of a fall in their market...

NEWS: Ernst & Young combines operations with two Mumbai cos.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - Strengthening its presence in the tax domain, Ernst & Young, a professional services firm, has decided to combine its operations with two Mumbai-based accountancy and tax firms -...

NEWS: I-T filing date for Orissa extended.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - The Central Board of Direct Taxes (CBDT) has extended the last date for filing of income-tax returns and obtaining of tax audit report due by September 30 to October 31 in Orissa....

NEWS: RBI to centralise electronic clearing operations.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The Reserve Bank of India inaugurated the National Electronic Clearing Service (NECS) in Mumbai on Monday to centralise the Electronic Clearing Service (ECS) operation and bring in...

AGRI-BUSINESS: Spot rubber downtrend continues.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kottayam, Sept. 29 - Rubber prices resumed the downtrend on Monday. The prices fell further on buyer resistance as the international indices were hit badly on heavy long liquidation pushing the October...

AGRI-BUSINESS: Industry, Centre differ on sugar output estimate.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - The sugar industry and the Centre seem to be having divergent perceptions regarding domestic output prospects for the new 2008-09 crushing season (October-September). Original...

AGRI-BUSINESS: Monsoon exits from most of north-west.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Thiruvananthapuram, Sept. 29 - The south-west monsoon has entered the withdrawal phase, with the India Meteorological Department (IMD) confirming that the seasonal weather system has signed off from...

AGRI-BUSINESS: Tea body to finalise project with Nepal institute.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kolkata, Sept. 29 - The Tea Research Association (TRA), Tocklai, Jorhat, Assam, is to shortly firm-up a project with Nepal-based International Centre for Integrated Mountain Development (ICIMOD), the...

AGRI-BUSINESS: Imports may cap rise in edible oil prices.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Huge inventory of palm oil built by the Government through imports may cap any price rise in soya oil, while sunflower oil may witness a minor hike in prices on the back of good demand...

COMMODITIES: Cardamom drops on heavy arrivals.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kochi, Sep 29 - The average cardamom price after dropping below Rs 600 a kg last week picked up on Sunday and moved up to Rs 620 a kg last Sunday. However, it declined on Monday at the CPA auction at...

COMMODITIES: Pepper futures move up marginally.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kochi, Sept. 29 - Pepper futures market moved up marginally on Monday on bullish sentiments. October contract went up by Rs 51 a quintal to Rs 13,604, while November and December contracts were up by Rs...

MARKET WATCH: Declining rupee inflicts further damage on FIIs.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kolkata, Sept. 29 - FIIs, who are selling equities on Dalal Street now, are incurring additional losses over market decline. The currently declining rupee (against the greenback and the Japanese...

MARKET WATCH: Realty stocks hit 52-week lows.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Realty stocks took a tumble on the bourses and many logged their 52-week low on Monday. The BSE Realty Index closed at a 52-week low at 3,407.87, down 5.26 per cent. It had...

MARKET WATCH: Banking stocks shed points on uncertainty.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - Indian banking stocks fell substantially on Monday, as investors turned wary in the wake of happenings in the banking and financial sector globally. The BSE-Bankex was the biggest...

MARKET WATCH: CSB rights issue: HC annuls order.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kochi, Sept. 29 - The Kerala High Court on Monday quashed an order of a court in Thrissur restraining the Catholic Syrian Bank from proceeding with a rights issue. Mr Justice P.R. Raman set aside the...

MARKET WATCH: Few infra, bank stocks hold up above July lows.
September 30, 2008... from BUSINESS LINE, September 30, 2008 BL Research Bureau With a fresh wave of selling overtaking the markets, the BSE Sensex is back at where it was in mid-July. The Sensex on Monday breached the 13000-mark to close at 12595 points, barely...

MARKET WATCH: De-rating cloud hangs over fixed maturity plans.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The hugely popular fixed maturity plans (FMPs) offered by mutual funds may now face pressures as the risk profile of this category of schemes has substantially changed over the last...

MARKET WATCH: Indian Bank (Rs 119.40): Sell.
September 30, 2008... from BUSINESS LINE, September 30, 2008 We recommend a sell in Indian Bank from short-term perspective. It is clearly apparent from the charts of Indian Bank that it had been on a medium-term uptrend between mid July and early September from...

MARKET WATCH: Open interest goes up in call options.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Chennai, Sept. 29 - Turnover witnessed market improvement to Rs 55,905.71 crore in the F&O segment on the NSE on Monday against Friday's figure of Rs 44,297.14 crore. The NSE October future closed at...

MARKET WATCH: Day Trading Guide.
September 30, 2008... from BUSINESS LINE, September 30, 2008 ICICI Bank On Monday, the stock plummeted 12 per cent with heavy volume, penetrating the key support level of Rs 515 and recording its 52 week low. We recommend a sell in this counter. Infosys The...

MARKET WATCH: Corporate developments.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Aksh Optifibre Ltd has entered into a three-year agreement with Sony Pictures Entertainment to bring Hollywood content for icontrol (Aksh's IPTV Service) for its viewers. This is the first agreement to...

MARKET WATCH: Axon offer may strain HCL Tech accounts.
September 30, 2008... from BUSINESS LINE, September 30, 2008 HCL Technologies' ambition of expanding its enterprise application services has found expression in its USD441 million offer for the Axon Group in the UK. But if the offer goes through, HCL Tech will be...

MARKET WATCH: Tata Motors loses on day of rights issue.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Mumbai, Sept. 29 - The stocks of Tata Motors Ltd, whose rights issue opened on Monday, fell by 4.67 per cent on the BSE. While the scrip touched an intra-day high of Rs 375, it recorded a low of Rs...

MARKET WATCH: IDFC Private Equity picks up 17% in Suzlon arm for Rs 400 cr.
September 30, 2008... from BUSINESS LINE, September 30, 2008 New Delhi, Sept. 29 - IDFC Private Equity on Monday announced it has picked up a 17 per cent equity stake in SE Forge Ltd, a subsidiary of wind turbine manufacturer Suzlon Energy Ltd (SEL), for Rs 400...

STATES: Jewellery fair in Vizag from Oct. 4.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Visakhapatnam, Sept. 28 Jewellers from Jaipur, Mumbai, Chennai and other cities will participate in the All-India Jewellery Fair to be held here from October 4 to October 6 in the Swarnabharati indoor...

STATES: 'Public investment can boost agri productivity'.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Kolkata, Sept. 29 - Public investment in agriculture is necessary to boost productivity in order to deal with the rising demand for land for industrialisation, Mr Sitaram Yechury, Member of the Politburo...

STATES: Australia keen on biz with India.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Visakhapatnam, Sept. 29 - Australia is keen on doing business with India and on making its presence felt, especially in tier II cities such as Visakhapatnam, according to Mr Aminur Rahman, Australian...

STATES: Kerala Govt frames SEZ policy.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Thiruvananthapuram, Sept. 29 - The Kerala Government has come out with a policy setting the norms and regulations for establishing special economic zones (SEZs) in the State. The policy, announced by...

STATES: Mantri offers clinics at its Bangalore apartment projects.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Bangalore, Sept. 29 - Stretching the ambit of super amenities that developers offer these days, Mantri Developers has tied up with Apollo Hospitals to provide telemedicine facilities for residents at its...

STATES: Tatas to grow Himalayan into new products range.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Chennai, Sept. 29 - Mount Everest Mineral Water Ltd, the Tata enterprise that bottles and markets Himalayan Natural Mineral Water, is looking 'beyond water' to cater to the 'hydration and wellness...

STATES: Areca leaves products company Magnus plans expansion.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Coimbatore, Sept. 29 - The Magnus, manufacturers of eco-friendly products from areca leaves and supplier of areca products manufacturing machines, is planning to widen its product range with the launch...

STATES: Tirunelveli-Tenkasi gauge work soon.
September 30, 2008... from BUSINESS LINE, September 30, 2008 Madurai, Sept. 29 - The Tirunelveli-Tenkasi broad gauge conversion work would be taken up soon, said the Union Minister of State for Railways, Mr R.Velu. Work on the 72-km stretch, to be taken up at a...