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S Korea to host world financial meeting ahead of G-20 summit
South Korea will host a world financial meeting ahead of a G-20 summit later this year as part of its efforts to help promote global financial stability, the country"s financial regulator has said.

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'Can telcos transfer money?'
Business Standard / New Delhi December 02, 2009, 0:34 IST

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SC collegium decides to drop Dinakaran recommendation
The Supreme Court collegium has decided to drop its recommendation for elevating Karnataka Chief Justice P D Dinakaran, facing charges of land grabbing, to the apex court, bringing to end months of controversy over the move.
Small Business

Heavy industry PSUs have to go in for energy audits

The government today said all state-owned companies under the Department of Heavy Industry should go in for energy audits to help cut costs and reduce pollution. Sensex ends up 35pts Energy auditing is a periodic assessment of efficiency of power consumption by a company. Currently, it is mandatory for state-owned heavy industries in sectors like power, cement and paper. Secretary in the department S N Dash said only one-third of the 32 PSUs under the department had carried out energy efficiency audits. "I know most of you (firms) have old plants and machinery which are energy guzzlers and at current juncture, we cannot afford them," Dash added. The department not only administers central public sector enterprises like BHEL, CCI and HMT but also helps them in improving capacity utilisation, increase profitability and re-orient strategies to become more competitive.


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