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Composite silk unit in near Guwahati
Assam, which produces three types of indigenous wild silks – Muga, Pat and Eri, today got a composite silk unit at Chaygaon Industrial Growth Centre, near Guwahati. The composite unit, or Eri Spun Silk Mill, came up with an investment of Rs. 5.5 crore, which includes infrastructure for spun silk mill, machineries, looms etc. The unit is expected to go a long way in adding value to the silk industry of Assam. The unit was inaugurated by union minister of textiles, Dayanidhi Maran. For the establishment of the unit, along with additional facilities like weaving processing and dyeing etc., the Central Silk Board (CSB), under the ministry of textiles, and the state government of Assam had provided a subsidy of Rs. 155.30 lakh and Rs. 48.10 lakh respectively to the promoter of the unit, Fabric Plus Pvt. Ltd., for installation of machineries, equipments etc. The promoter also contributed an amount of Rs. 22.60 lakh.

On-line bookings highest with travellers from Mumbai airport
When it comes to on-line booking of air-tickets, travellers from Mumbai take the lead with as many as 77 per cent opting for these facilities compared to travellers at six other leading international airports globally.

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Pyramid Saimira moves SAT against Sebi order
Chennai-based entertainment company Pyramid Saimira Theatre Limited (PSTL) has moved the Securities Appellate Tribunal (SAT) against market regulator Securities and Exchange Board of India (Sebi)’s order, which had banned the company in November 2009 from trading in the Indian securities market for seven years following irregularities in its initial pubic offering (IPO).
Public Relations

No discrimination in hiring IT employees: Govt

IT and ITeS being a knowledge industry does not discriminate in recruiting employees and the hiring is done on the basis of merit and competency, the Government today said in the Rajya Sabha. - Controversial sugarcane law gets Parliament nod - BJP slams Centre"s policy on sugarcane - Govt mulling extension of safety zone near offshore oil units - SAIL may raise prices in January - Transport bottlenecks hit power target: Govt - No shortage of onion, prices easing, says minister Minister of State for Communications and IT, Sachin Pilot said the IT and ITES industry has been a large generator of employment with about 2.2 million professionals directly employed by the industry, while indirect job creation is estimated at around eight million. "Over 30 per cent of employees in the industry are women, higher than any other industry segment and a majority of the IT industry employs differently enabled people," he said answering supplementaries during Question Hour. To a supplementary on many IT professionals complaining of stress disorders, the minister said there have been a few incidences of such disorders, but these, he said, were more lifestyle related diseases. No reliable statistical data were available in this regard. Communications and IT Minister A Raja said though there is no substantive proof of IT professionals suffering from such disorders due to work stress, a health ministry survey on the issue said that there is are no instances of IT professionals suffering from chronic diseases due to work stress. On the issue of providing proper work hours and holidays to BPO employees, he said these are largely regulated by provisions of Shops and Establishments Act of respective state governments. In case some changes were needed in the Act, the government was ready to discuss it.


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