The Hindu Business Line : Saturday, January 05, 2002

Blair, PM to sign New Delhi declaration
THE UK Prime Minister, Mr Tony Blair, began his India trip here on Friday. He will inaugurate the eighth CII Partnership Summit on Saturday. During his stay in India till January 7, Mr Blair, along with the Prime Minister, Mr A.B. Vajpayee, is ... More

PHARMACEUTICALS

Patents Bill fails pharma sector: IDMA
DESPITE the Doha Declaration giving developing countries the mandate to make special provisions for medicines in the interest of public health - the final draft of the Patents (Second Amendment) Bill, 1999 has failed to leverage this ... More

TEXTILES

Quantitative cap goes on cotton yarn export
IN a major bid to boost exports of cotton yarn, the Government has dispensed with the procedure of fixing a quantitative ceiling on exports of cotton yarn from the country. It has also removed some of the procedural restrictions that were ... More

Move to boost TUFS funding in textile sector
THE Union Government has sought to expedite the pace of investment in the textile manufacturing industries under the Technology Upgradation Fund Scheme (TUFS) sensing that the scheme has lost its momentum in a recession hit textile ... More

TUFS: Optional funding to SSI units
WITH a view to giving a push to technology upgradation fund scheme (TUFS), the Central Government has allowed small-scale textile/jute industries to avail credit for modernisation projects under the newly launched credit linked capital subsidy ... More

INDUSTRY ASSOCIATIONS

CII supports Mashelkar panel on auto fuel
THE Confederation of Indian Industry (CII) has strongly supported the recommendations of the Dr Mashelkar Committee on auto fuel policy. In a press release here, the chamber said that the recommendations made by the committee are pragmatic ... More

BIO-TECH & GENETICS

`Commercial output from biotech labs negligible'
DESPITE significant levels of research in biotechnology within the country, there has been minimal commercial output from the laboratories, possibly indicating a lacunae in lab-to-land transfer of technologies, according to Dr Usha Barwale Zehr, ... More

JUTE

Jute mill owners call for change in wage structure
JUTE mill owners have requested the West Bengal Government to allow them to introduce a productivity-linked wage structure for the first time in the industry, and have also called for a new wage structure for fresh entrants. Mr Sanjay Kajaria, ... More

DISINVESTMENT

ModiCorp, BPL bids for VSNL not to be accepted
THE Department of Disinvestment (DoD) has decided not to accept the bids by ModiCorp and BPL Comm for picking up 25 per cent stake in Videsh Sanchar Nigam Ltd (VSNL). According to highly placed DoD officials, permitting these two bidders to ... More

Lagan Jute: A divestment story with a happy ending?
LAGAN Jute Machinery Co Ltd and Modern Foods have been identified by the Department of Heavy Industries as the two successful cases where the Union Government has been able to divest its share of the equity and the companies have started ... More

Andrew Yule unions against divestment in group cos

FDI

$10-m norm for FDI in realty
THE Government today announced a $10-million minimum capitalisation norm along with a three-year lock-in period for 100 per cent foreign direct investment (FDI) in the development of integrated townships, including housing complexes, commercial ... More

Defence production thrown open to private sector, FDI
THE Government has opened the floodgates for private participation in defence production including foreign direct investments (FDI) by notifying a detailed set of guidelines under which only an Indian company or a partnership firm with a resident ... More

WTO

Doha transparency must continue, says Moore
THE success of the Ministerial meeting of the World Trade Organisation (WTO) in Doha, which was built on a preparatory process that was transparent and inclusive, must be carried into future work, the WTO Director-General, Mr Mike Moore, ... More

REGULATORY BODIES & RULINGS

TRAI report on Net telephony soon
EVEN as Internet service providers, basic telephone service providers and cellular service providers are lobbying hard to secure a better deal for themselves in the run-up to the impending Internet telephony regime, the Telecom ... More

EVENTS

Stars to drive auto fair and square
AUTO lovers waiting to have a dekho at some hot new wheels at Auto Expo 2000 scheduled to take off in the Capital come January 15, are likely to see more star models than new auto models this year. Top industry sources told Business ... More
TOURISM

Tourist arrivals, earnings slump
THE terrorist strike in the US on September 11 has had an impact on both the number of arrivals and the foreign exchange earnings from tourism. According to figures released by the Department of Tourism here, over 24 lakh tourists arrived in ... More
`Uniform tax rates will boost tourism'
THE States should formulate a uniform pattern of taxation in the areas of transport, motor vehicles and hospitality in order to ensure uninterrupted flow of tourists, according to the Union Minister for Tourism and Culture, Mr Jagmohan. ... More
ECONOMIC OFFENCES

JPC grills First Global chief
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Bharti to join the cellular brandwagon in Mumbai

Bank strike hits operations

RBI nod for bank credit to units in export zones

Move to boost TUFS funding in textile sector

$10-m norm for FDI in realty

Quantitative cap goes on cotton yarn export

Defence production thrown open to private sector, FDI

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Dec. 23-Dec. 29
Max India acquires 85 pc stake in healthcare services company

Excise collections up; customs front bleak

BSNL slashes STD tariff