Financial Daily from THE HINDU group of publications
Friday, May 31, 2002
Markets (May 30)
BL 2501090.40 (-8.72)
BSE Sensex3135.89 (-24.35)
S&P CNX Nifty1032.15 (-9.50)
Dollar (Buy/Sell)48.96/49.08
Gold Std (10 gm)5385 (-15)

Port Info


Group Sites



Imports of polyester staple fibre -- HC dismisses plea against dumping duty
THE decks have been cleared for the Finance Ministry to implement the preliminary anti-dumping duty on imports of polyester staple fibre (PSF) recommended by the designated authority recently with the Rajasthan High Court dismissing the writ ... More


Fiscal deficit set to end closer to 6 pc -- Rs 10,000-cr revenue shortfall seen
THE Centre has failed to meet its fiscal deficit target of 5.7 per cent of the gross domestic product during 2001-02. The fiscal deficit is set to widen and end closer to 6 per cent of the GDP due to the massive shortfall in tax revenues ... More

AP: Move to strengthen SHGs with banking sector aid
The Government has proposed to involve bankers effectively in skill development programmes to improve the socio-economic condition of the members of the self-help groups. More


Centre drawing up code of ethics for engineers
THE Union Government is planning to introduce the professional engineers Act, 2002, probably for the first time, aimed at bringing in a code of ethics for engineers apart from regulating engineering practise in the country. The draft Bill is ... More


Weighed down
A dry leaves seller looks for customers at Begum Bazar in Hyderabad. These people come from the nearby districts to sell the forest produce at a measly sum of Rs 20 per ... More

Meet on disposal of solid waste
IN its bid to sensitise local groups, communities and Government officials on the hazards of burn-based technologies for disposal of municipal solid waste (MSW), the Civic Aviation Group (CAG) of Chennai has convened a meeting here on June ... More


  • High-level FICCI team for Kazakh


    TN plastic makers to collect, recycle scrap
    THE plastic manufacturers in the State are willing to work with the local bodies to collect and recycle segregated plastic wastes, according to the Tamil Nadu Plastics Manufacturers' Association (TAPMA). Addressing the media, the TAPMA ... More


    Kota plant gets CEA nod for expansion
    THE Central Electricity Authority (CEA) has accorded techno-economic clearance to the 195 MW sixth unit of Kota thermal power station in Rajasthan. The unit is being set up under stage IV expansion of the power project's existing capacity ... More

  • Incentive component for power units


    Sharp rise in domestic prices -- Tyre makers seen importing rubber
    RUBBER-consuming industries, particularly tyre makers, are likely to import natural rubber if the prices go beyond Rs 3,800 a quintal. "If the prices are to rule at Rs 38-40 (for RSS-4) a kg, they would be abnormally higher. We do not think ... More


    Privilege fees, deposit hike hit TN liquor retailers
    THE hikes in privilege fees and deposits without a concomitant increase in profit on margins have hit the liquor retailers in the State. While business continues as usual, viability has been severely affected, they say. Mr C.P. Ramanathan, ... More


  • Karnataka: Spice Tele facility for SSLC results


    `Foreign cos too keen on Calcutta Leather Complex'
    QUITE a few companies from within the country and outside are keen on setting up integrated leather units in the Calcutta Leather Complex (CLC), according to Mr Jagmohan Dalmiya, Chairman of M.L. Dalmiya & Co Ltd. Mr Dalmiya, whose company is ... More


    William Penn to organise demo on paper-making
    WILLIAM Penn, a stationery store in Koramangala is organising a paper- making demonstration at its premises between May 31 and June 2 together with Tamil Nadu Newsprint and Papers Ltd (TNPL). The store will demonstrate the making of ... More


    India able to produce high-purity helium
    THE country has finally been able to produce the purest form of helium (A grade with 99.9995 per cent purity) which is used for producing strategic nuclear devices and superconductors. It has also applications in space technology and medical ... More


    Law to cover electronic, print media urged
    THE Chairman of the Press Council of India, Mr K. Jayachandra Reddy, emphasised the need for either a comprehensive law covering the electronic and print media or a separate enactment for the electronic media, as it was not under the purview of ... More


    Suzuki in driver's seat at Maruti
    JAPAN'S Suzuki Motor Corp on Thursday officially took management control of the country's largest carmaker Maruti Udyog Ltd, for which it handed over a cheque of Rs 1,000 crore to its partner, the Indian Government. With this, the second stage ... More

    Hindustan Newsprint sell-off by Feb 2003
    ALL procedures relating to the disinvestment in Hindustan Newsprint Ltd (HNL) will be completed by February 2003. Nine bidders have submitted expressions of interest to the notification and the Government is analysing these cases, according to ... More

    Ministry seeks security clearance of SCI bidders
    THE Ministry of Disinvestment has sought security clearance of all the seven bidders who are in the fray for acquiring a controlling stake of 51 per cent in Shipping Corporation of India (SCI). "Being the national flag carrier which transports ... More


    Reckitt Benckiser, Toyota FDI proposals cleared
    RECKITT Benckiser Plc's proposal to buy out the 49 per cent stake held by Indian shareholders in Reckitt Benckiser India Ltd and convert it into a wholly-owned subsidiary involving foreign direct investment (FDI) worth Rs 403.19 crore was among ... More


    FICCI seeks more time on industrial tariff norms
    THE Federation of Indian Chamber of Commerce and Industry (FICCI) has expressed concern over fixing a deadline to establish modalities for industrial tariff negotiations in the ongoing seminar on market access organised by the World Trade ... More


    Task force on job plan meets
    NEW DELHI: The first meeting of the task force of the Jai Prakash Rozgar Guarantee Yojana (JPRGY) under the chairmanship of Mr Venkaiah Naidu, Union Minister for Rural Development, met to design and determine the modalities of the scheme. ... More


    How Leyland finds those drivers at the top
    ASKED by the then Managing Director of Ashok Leyland, Mr R.J. Hancock, in an interview for a job in 1976, on where he expected to reach in his career in Leyland, Mr R. Seshasayee had replied, "Eventually, to your position!" A cocky answer, ... More


  • Nurses offended by Kerala Govt move


    OECD seminar to focus on shareholders' rights
    THE Organisation for Economic Cooperation and Development (OECD) is hosting a three-day seminar in Mumbai beginning from June 10 as its fourth Asian roundtable conference focussing on shareholders' rights and the equitable treatment of ... More

    2-day knitwear expo in Mumbai from tomorrow
    A TWO-DAY national seminar on "Future Prospects of Knitting and Knitwear'' will be held in Mumbai during June 1-2. Organised by the Central Institute for Research on Cotton Technology in collaboration with Indian Fibre Society, the seminar will ... More

  • Hyderabad Engagements
  • Workshop on object orientation
  • Chennai Engagements


    KSIDC in pact to build global tourist village
    KERALA State Industrial Development Corporation (KSIDC) has signed a memorandum of understanding with the Bahrain-based Mahnami Hotels and Resorts for the establishment of an international tourist village at Nedumbassery near Kochi. The Rs ... More

    `Special focus on high-budget tourism needed'
    THE two-day conference of the Confederation of Indian Industry - EcoTour Kerala 2002 - has found that conservation of biodiversity and natural resources in the ecosystem should be the foundation for all tourism initiatives, which should be ... More

  • Kerala: Special project to co-ordinate tourism
    Comments & Letters to the Editor to:
    Subscribe to: Business Line
  • Top Stories
    Beating the Recession -- I: Testing times, trusted production values

    Wipro upbeat with new milestone

    Outlook not to react to The Week's campaign

    Hope for AIDS cure in ayurveda?

    Maruti will remain Indian: Suzuki

    Fiscal deficit set to end closer to 6 pc -- Rs 10,000-cr revenue shortfall seen

    Sharp rise in domestic prices -- Tyre makers seen importing rubber

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    May. 19-May. 25
    Reliance bags IPCL for Rs 1,491 cr -- Quotes Rs 231 per share for 26 pc stake

    Salaried employees can perk up: Easier norms likely for cars, cards, club expenses

    A costly miss for Indian Oil?

    Beware of pollution from hi-tech gadgets

    Steady growth in consumer durables output: Survey

    Grid failure hits western Maharashtra

    Go online via power point, cable in waste water systems

    Colour TV sales witness healthy growth rate

    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line