Financial Daily from THE HINDU group of publications
Wednesday, April 17, 2002
Markets (April 16)
BL 2501152.40 (-12.28)
BSE Sensex3413.72 (-47.79)
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Gold Std (10 gm)5010 (-20)

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Cars give a lift to auto exports
A RESOUNDING growth in car exports, thanks to the robust performance by Ford India Ltd, helped automobile dispatches from India register about 9.5 per cent growth in 2001-02, latest industry data shows. Export of cars, which account for more ... More


Wolfensohn moots 7-point plan for development aid
IN the run-up to the spring meetings of the World Bank and the International Monetary Fund, the World Bank President, Mr James Wolfensohn, has proposed a seven-point action plan for translating the revived spirit of international support for ... More

HP Plan fixed at Rs 1,840 cr
THE annual Plan outlay for Himachal Pradesh for the current fiscal has been pegged at Rs 1,840 crore based on the identified resources of the State, at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant, and the State Chief ... More


Some `solid' lessons in waste management
CITIZENS of Bangalore will now learn solid waste management lessons from their pourakarmikas (civic workers). In an interesting model developed by the Bangalore-based Environment Support Group (ESG), 40 pourakarmikas were trained ... More


Maran moots thrust areas to widen ties with Lombardy
INDIA has sought cooperation with Lombardy Region, Italy in upgrading competitiveness of industrial clusters in the country, particularly in the context of the latest Exim policy's thrust on conferring focussed attention on industrial clusters to ... More


`Slow pace of CBM projects due to lack of database'
THE slow pace of development of coalbed methane (CBM) projects in the country is probably the result of a lack of a proper database related to methane gas potentiality. This is the conclusion of the Central Mine Planning & Design Institute ... More


68 PSUs identified for second phase of reforms
One of the reasons cited by the Government for the process of privatisation was that most of the co-operative sugar mills and Nizam Sugars were continuously incurring losses for a variety of reasons and this had resulted in the erosion of their net w orth despite efforts. More


Oil cos slash product prices
PUBLIC sector oil companies have slashed the prices of naphtha, furnace oil and low sulphur heavy stock (LSHS) in line with falling international prices. The new prices are effective from April 13, 2002. "Naphtha prices have fallen ... More

  • Kerala: Levy on POL products revised


  • `Kerala Power' seeks public views


    AF Ferguson is consultant for CIL, subsidiaries
    THE Ministry of Coal and Mines has appointed AF Ferguson & Co as an independent consultant for studying the existing system of recording, measurement, reporting, verification and reconciliation of coal stocks and to develop and implement an ... More


    Euro Club to take up scotch-whisky case
    THE India Working Group of the Euro Club has placed a new proposal before the Indian Government to break the impasse over bottle-in-origin (BIO) liquor imports. It has sought the removal of countervailing duties on BIOs priced above $25 per case, ... More


    CARE begins construction sector grading -- McNally Bharat rated `high'
    CARE has launched gradings for construction entities and has completed its first grading assignment for McNally Bharat Engineering Company Ltd (MBEL), which has been assigned a `CCt2+' grading, indicating that the project execution capabilities ... More

    Relaxation of rules -- Coimbatore residents of unapproved layouts still in despair
    THE State Government decision to partially modify the rules regarding regularisation of unapproved layouts does not hold out hope to the residents of these colonies that their long wait for basic civic amenities will end soon. The Coimbatore ... More

    AP advice to housing body costs Rs 6.26 cr, says CAG
    THE State Government's investment advice to the Andhra Pradesh State Housing Corporation (APSHC), has resulted in a loss of interest of Rs 6.26 crore and has also affected housing schemes for weaker sections. This was highlighted by the ... More


    TN handlooms department plans e-com portal
    Work has begun on registering the Kancheepuram sari under the Geographical Indicators Act, to protect the sari from cheap imitations. More


    Chennai cinema owners in no rush to hike prices
    `The key to survival is to provide filmgoers with a five-star ambience and treatment at a price that is reasonable, which will make the cinemagoer want to come back again to the same theatre.' More


  • Karnataka: Training for women entrepreneurs


    Bharat Hotels not to bid for Delhi Centaur
    BHARAT Hotels, which runs the Grand Intercontinental Hotel in Delhi and has won the bid for the Ashok Hotel in Bangalore, is not to participate in the disinvestment of the Hotel Corporation of India (HCI) Delhi Centaur. "We are not planning to ... More


    Astra, Tata Homefinance FDI proposals cleared
    SWEDISH multinational Astra Pharmaceuticals' proposal to increase equity in its Indian subsidiary from the present 56.49 per cent to 100 per cent involving fresh foreign direct investment (FDI) worth Rs 82 crore and Tata Homefinance Ltd's ... More


    Removal of irritants in Trademarks Law sought
    The committee has been in consultation with the related ministries to seek deletion of the proviso to Section 115(4) of the new Trademarks Act, 1999, which requires the opinion of the Trademark Registrar before seizure of infringing goods by enforcem ent authorities. More


    IBA initiatives draw corporate attention
    The curriculum design draws from the vast experience of its governing council members and core teaching faculty. More


  • Ernakulam shop attendants seek scheme


    `Cyprus integration into EU will benefit Indian cos'
    CYPRUS' geographical location could enable it to become a springboard for Indian companies to market its products in the CIS, European, West Asian and Balkan countries, according to Mr Nicos Rolandis, Minister of Commerce, Industry and Tourism of ... More

    Dubai Media City, DWTC, IC&E teaming up for global show
    DUBAI Media City, the Dubai World Trade Centre (DWTC) and the International Conferences and Exhibitions (IC&E) have announced that they are teaming up to create a mega international trade show that is expected to become the region's largest ... More

  • Hyderabad Engagements
  • Thiruvananthapuram Engagements


    Sinha all set to restore I-T rebate
    UNDER pressure from within the Bharatiya Janata Party (BJP), the Finance Minister, Mr Yashwant Sinha, is understood to have given the go-ahead to roll-back the Budget proposal on pruning tax rebates on investments in designated savings ... More


    FIEO panel seeks early election of president
    EXPRESSING concern over the fact that the Federation of Indian Export Organisations (FIEO), an apex body of exporters set up by the Commerce Ministry, has remained without a president from mid-November 2001 onwards, the Elders Committee of FIEO, ... More


    PATA presents heritage award
    THE Tourism Minister of Kerala, Prof K. V. Thomas, on Monday received the Pacific Area Travel Association Award for Heritage for the Fort Kochi Heritage Zone. Mr Peter de Jong, President and CEO of PATA, presented the award at the 51st PATA ... More

    Australia lures Indian travellers
    An estimated 45,000 Indians in various categories visiting friends and family, business, students and holiday visited Australia during last year. Though the growth out of India has been in double digits, "Australia will never be a mass market and we don't want get into that league," Ms White said. More

    Spurt in Indian tourists visiting Sri Lanka
    SRI Lanka, which is keen to operate more air services to India, has seen a jump of more than 53 per cent in Indian tourists arriving to the island nation during January-March this year as compared to the same period in the previous ... More


  • `Cleansing drive' by Kerala Civil Supplies staff
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  • Top Stories
    Sinha all set to restore I-T rebate

    Cars give a lift to auto exports

    Net no rookie in chess

    Pepper prices move up on buying support

    Strike brings cheque clearing to standstill

    Oil cos slash product prices

    In Depth
    Inside Kashmir
    Guide to derivatives
    Looking back
    Apr. 7-Apr. 13
    WHO's new mantra: Put on your jogging shoes

    TN to push for number one position in FDI flow

    Buy India Act to redefine Govt steel procurement

    MFs can invest 4 pc of assets in foreign papers -- SEBI fixes individual limit at $50 m

    Direct tax mop-up falls short of target

    No petro price hike for now: Minister

    Caution to Govt on dividend tax

    India to return to higher GDP growth soon: ADB

    Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised

    I-T rules on perks to be eased further

    It's a different `dot' game

    Madras HC stays cut in tax on perks

    Industrial growth marginal at 2.6 pc in 11 months

    3 key Budget proposals being reviewed by Govt

    EPF trustees stick to 9.5 pc

    Kalam makes light of Pak nuclear `threat'

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