Advertising & Marketing
Zee `Sawal' lock kar diya jaye
ZEE Telefilms has scrapped its mega game show `Sawal Dus Crore Ka' in the ``current format''. Virtually admitting that its show was a flop, it has chosen to put the blame squarely on the show's anchors, Anupam Kher and Manisha Koirala and terminate the c
ontracts with both of them.
Cement
Danish co among four eying Nihon Nirmaan
THREE domestic cement companies -- Grasim Industries, Gujarat Ambuja, Shree Cements -- and a Danish company, Aalborg Portland Ltd, are interested in buying Nihon Nirmaan Ltd, the sick white cement-maker.
Corporate
Chatham Saw Mill modernisation plan
The more than 100-year-old Chatham saw mill at Port Blair was established to meet the local needs for sawn timber.
Indian industry shows patent vigour -- Drugs, chemical units top list
THE patent bug has finally caught up with a small section of the Indian private sector industry but 86.3 per cent of the in-house research and development (R&D) units have not shown interest in protecting their inventive work.
`Creeping' clause: Assocham's case for promoters
THE Associated Chambers of Commerce and Industry (Assocham) has advocated that the annual creeping acquisition limit for promoters should at the minimum be revised upwards from the existing 5 per cent to 15 per cent.
Tata Fin plans credit cards by 2001
TATA Finance Ltd in association with American Express is planning to launch its credit cards by the first quarter of next year, making it the first NBFC to do so in the country.
Lanbit-HHS venture in UK
LANBIT India Pvt Ltd and Health & Home Shopping (HHS) have announced the setting up of their joint venture, Tulsient Systems Plc in Manchester, UK.
DCA eases procedures, cuts forms to 11
THE Department of Company Affairs (DCA), in its effort to rid itself of excess baggage and cut down the paper work, has decided to simplify the number of forms used by corporates during their interactions with the department.
Economy
NRI investment goes untracked -- Incentives fail to increase FDI inflow
STRANGE though it may sound, the Union Government does not have any mechanism to track the inflow of actual investment by non-resident Indians (NRIs) through the foreign direct investment (FDI) route into various sectors of the industry.
`Step up rate of investment to meet 8% economic growth'
AN increase in the investment rate, strong policy initiatives to boost investment and incentivising savings are some of the suggestions put forward by the Bombay Chamber of Commerce and Industry (BCCI) for maintaining growth in the economy.
Money Laundering Bill hung on idiom
TWO years after it was introduced in Parliament, to go hand in hand with the Foreign Exchange Management Act (FEMA), the Prevention of Money Laundering Bill is still being tossed around between the Rajya Sabha and the Finance Ministry. It is unlikely to
be passed in the on-going winter session.
Environment
Symposium on ecology
MANGALORE: The Department of Biosciences of the Mangalore University will conduct a three-day `national symposium' on `Problems and Prospects of Environment in the New Millennium' from December 14.
Information Technology
They are at IT, personally though
WHILE every industrial behemoth in India wants to ride the crest of the technology wave and is trying to enter the sector, several industrialists are testing the waters by investing in IT companies in their personal capacity.
Applogic begins broadband wireless Internet service
APPLOGIC Broadband Systems Ltd (ABSL), the Hyderabad-based convergence technologies and services company, has announced the launch of the first broadband wireless Internet access services in the Asia-Pacific region here.
Infrastructure
Big post offices to take passport forms
THE Ministry of External Affairs, in a bid to speed up passport issue to applicants, has planned to involve post offices in a big way.
PSU
Govt told to submit HVOCL divestment report
THE Government has been directed by the Board for Industrial and Financial Reconstruction (BIFR) to furnish the Disinvestment Commission's report on the units of Hindustan Vegetable Oil Corporation Ltd (HVOCL) to IDBI and the Bench.
Policy
More powers for RBI in ECB policy likely -- Automatic approval route limit to be hiked to $100 m
EARLIER this year, in the run-up to the unveiling of the annual External Commercial Borrowings (ECBs) policy, the Finance Ministry had sounded out the Reserve Bank of India (RBI) on increased delegation of powers to the banking regulator.
Power
Bengal PDCL plans hydel power unit at Bakreswar
WEST Bengal Power Development Corporation Ltd (WBPDCL), which has so far been engaged only in coal-fired thermal projects, is now planning to get onto hydel generation as well.
Karnataka Govt bid to buy power thru PTC in jeopardy
THE Karnataka State Government's move to purchase power through the Power Trading Corporation (PTC) is now in jeopardy, including its proposal to purchase 700 MW from the Dakshin Bharat Energy Consortium.
States
Bid to withdraw ST sops on diesel opposed in AP
Mr T. YOGAIAH Naidu, Chairman of the Energy Committee of the Federation of Andhra Pradesh Chambers of Commerce & Industry (FAPCCI), has deplored the State Government's move withdrawing the sales tax concession on diesel used for captive power generation
by the manufacturing units.
MoU signed to promote pvt investment in Assam
THE Assam Government, the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Federation of Industries and Commerce of North Eastern Region (FINER) have signed a memorandum of understanding in New Delhi for industrialisation of the Sta
te.
MoU signed to promote pvt investment in Assam
THE Assam Government, the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Federation of Industries and Commerce of North Eastern Region (FINER) have signed a memorandum of understanding in New Delhi for industrialisation of the Sta
te.
Honourable stand
The Bihar Chief Minister, Mrs Rabri Devi, the opposition leaders, Mr. H.D. Deve Gowda, Mr. Laloo Prasad Yadav, Mr. V.P. Singh, the former West Bengal Chief Minister, Mr. Jyoti Basu, and the Bangladesh Minister for External Affairs, Mr. Abdul Samat Azad,
at a CPM(I)-sponsored felicitation function in honour of Mr. Basu in Calcutta on Sunday.
Stocks
`The real issue isn't high IPO limit' -- SEBI told to ensure adequate floating stock
THE Government has told the Securities and Exchange Board of India (SEBI) to focus on ensuring adequate floating stock in companies and to settle for a reasonable figure of Rs 50 crore while changing the norms for minimum public offering of equity from 2
5 to 10 per cent for all sectors.
Transport
81% Delhites prefer metro: Survey
NEW DELHI: More than 81 per cent Delhites have expressed their preferences to travel by metro rail than in cars, scooters and buses, according to a survey conducted by the Delhi Metro Rail Corporation (DMRC).
Howrah-Hapa super-fast train
THE South Eastern Railway (SER) has introduced a new weekly super-fast express train between Howrah and Hapa (in Gujarat).
