Financial Daily from THE HINDU group of publications
Tuesday, February 12, 2002
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Financial Daily from THE HINDU group of publications Tuesday, February 12, 2002 |
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INDUSTRY & ECONOMY ACCIDENTS 
Blast in Shriram fan unitAN early morning blast in the fan-manufacturing unit of Hyderabad Engineering Industries (HEI), a Rs 40-crore- turnover Shriram Group company, left three workers dead, and `temporarily' crippled part of the production facilities. The powerful ... More BUDGET Tea industry wants Budget to focus on quality products THE Budget could enact its bit to re-focus the Indian tea industry by forging measures that enable a transition to quality produce from merely encouraging higher production which has been the official motto till now. "As an industry, we need to ... More FERTILISERS Urea companies manage to stay afloat in Oct-Dec FROM the financials for the December 2001 quarter, it appears that the first tentative steps towards decontrol have not had the feared `dire consequences' for the manufacturers of urea. But, this could be a red herring. The financials appear ... More INFRASTRUCTURE LIC offers loan for NHDP at 100 basis pts over G-Sec rate THE Life Insurance Corporation of India (LIC) has offered to provide a long-term loan for Rs 6,000 crore to the National Highways Authority of India (NHAI) at 100 basis points over the Government of India securities (G-Sec) rates to part-fund the ... More PETROLEUM Working group proposes higher crude reserves STRATEGIC storage of crude oil has assumed greater importance now due to significant build-up of refining capacity in the country for achieving self-sufficiency and in the face of increasing dependence on imported crude. This is one of the ... More STEEL 
Global steel consumption may go up marginallyGLOBAL steel consumption in 2002 may be marginally higher than in 2001 if measures taken by various countries to boost the demand for steel yield the desired results. Steel consumption in the Asian region is expected to grow between two and three ... More
Rlys turns the wheels of steel plant's fortune
WTC scrap import irks steel cos SSI 
`Credit no hitch for viable SSIs'CREDIT should not be a constraint for viable projects in the small-scale industries (SSI) sector. The Government has initiated a number of steps to promote healthy growth in this area, according to Mr Vepa Kamesam, Deputy Governor, Reserve Bank ... More TELEVISION SETS Study portrays rosy future for colour TV segment AS per the latest projections by the National Council of Applied Economic Research (NCAER), colour television sets (CTVs) will drive growth in the consumer durables segment over the next five years. The total demand for television sets per ... More REAL ESTATE & CONSTRUCTION Chamber plea to cut stamp duty IN the context of economic slowdown and industrial recession hitting the `property market', the Kanara Chamber of Commerce and Industry (KCCI) has urged the Karnataka Government to reduce the stamp duty on property from the present 13 per cent to ... More LEATHER Move to make leather an `eco-product' THE Central Leather Research Institute (CLRI) is launching a programme to make leather an `eco-product'. According to Dr T. Ramasami, Director of CLRI, the aim is to make both the product and the process eco-friendly. While the tanning process ... More INDUSTRY ASSOCIATIONS Assocham assails Competition Bill THE Competition Bill 2001 in its present form is likely to severely stifle business activities and growth as it cannot be flexible, dynamic and responsive to the needs of an emerging competitive market. The Associated Chambers of Commerce and ... More DISINVESTMENT Nalco ADR/GDR offering soon -- Divestment of 30 pc equity THE Union Government will soon launch the process of offering 30 per cent of its equity in National Aluminium Company Ltd (Nalco) through an issue of American depository receipts (ADR)/global depository receipts (GDR), despite a general downturn ... More
VSNL shareholders' pact to be signed tomorrow
Panel to consider PPL divestment on Thursday TOURISM 'Unlimited' campaign by Maharashtra "We are working on an international marketing strategy to promote `Maharashtra Unlimited' and have commenced a PR exercise in Japan." More Comments & Letters to the Editor to: bleditor@thehindu.co.in |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 3-Feb. 9 Bonanza awaits Govt on VSNL, IBP sell-off Non-captive iron ore segment -- Need for external marketing freedom Govt may allow FDI in tobacco sector E&Y taps India's `bio-economy' Rules of origin for textile, apparel goods -- India drags US to WTO again E-com deals may be kept out of I-T net Some home truths about Chinese threat PSU loan pre-payments come as boon to Govt Duncans Industries revamp -- A challenging task ahead Power Ministry draws up 6-level strategy Public sector weathers investment famine Indian Oil set to acquire IBP Software exports up 25 pc in Q3: Nasscom Restructure State finances or perish: Chelliah Tatas pocket VSNL for Rs 1,439 cr, IOC gets IBP Grain curbs off, sugar freed, new policy for drug sector Tatas hit jackpot with VSNL GDP growth estimated at 5.4 pc -- Agriculture, services come to the rescue IBA directive gives a fillip to CV financing Hotels post 60 pc drop in forex earnings Tanners face uncertainty as relocation deadline nears Pay hikes seen hitting rock bottom: Survey Zuari-Chambal bids for Paradeep Phos Defaulting States may get lower power allocation |
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