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Govt-industry partnership must for auto sector's revival: Kant
The outgoing president of SIAM Ravi Kant today called for a need to continue government -industry partnership to ensure investments in the sector are used productively.

I-Day holiday plans trump swine flu
Even as swine flu is threatening the hospitality industry, travellers are taking advantage of the Independence Day holiday to pack their bags for a weekend trip. Most hotels at travel destinations, domestic and international, are packed for the weekend.

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Come into my parlour
Space, says Raavi Sabharwal, is “opportunity”, “challenge” and, most importantly, “fun”. Sabharwal, 63, is the publisher of Timeless Books and owner of Timeless — The Art Book Studio, tucked away in one of the many bylanes of Kotla Mubarakpur, one of the many “asides” of the Capital, cheek by jowl with the upmarket South Extension shopping centre. The 1,600 sq ft space, which you stumble into after you’ve taken a few wrong turns, is quiet and peaceful, a refuge from the chaos that surrounds it.
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ADAG welcomes govt's move to secure NTPC interests

Anil Dhirubhai Ambani Group (ADAG) firm Reliance Natural Resources (RNRL) today welcomed the government"s move to protect NTPC"s interest on sourcing gas from Reliance Industries, saying effective legal steps will defeat the Mukesh Ambani firm"s "malafide attempts to dishonour" its commitment. - Utilisation of funds under NREGS declined in 2008-09 - "Appoint expert on RIL gas field costs, expedite CAG audit" - Oil India IPO price fixed at Rs 950-1,050 a share - Govt imposes stock limit on bulk sugar consumers - FM has done good job in govt borrowing: Kochhar - Punjab ends MoU with Reliance Ind Commenting on media reports on government preparing to file an interlocutory application, RNRL said in a statement that effective legal steps should be taken "to enforce NTPC"s contractual right to receive 12 mmscmd of gas from Reliance Industries (RIL) for its Kawas and Gandhar projects at a fixed price of $2.34 per mBtu for a period of 17 years." This, it said, would defeat "RIL"s malafide attempts to dishonour its binding legal commitments". A ministerial panel headed by Finance Minister Pranab Mukherjee today decided to clarify through a petition before the apex court that the $4.20 per mBtu price fixed for RIL"s KG-D6 gas was without prejudice to the state-run firm"s case seeking fuel from RIL at $2.34 per mBtu price committed in 2004.


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