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Monday, September 02, 2002

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INDUSTRY & ECONOMY

ELECTRONICS


Electronic manufacturers find India attractive
AFTER having proved its expertise in servicing global software needs, India is slowly emerging as a hub for major electronic manufacturing service (EMS) providers who seek a cheaper manufacturing destination. The latest to hop into the ... More

EXCISE AND CUSTOMS


Further cut in protective duties can boost exports, says Plan panel
It is suggested that customs duty reforms could be executed in two phases, with the basic "peak" rate of import duty reduced to 10 per cent by the end of the Tenth Plan (2002-07) and to 5 per cent by the end of the Eleventh Plan (2007-12). More

FOREIGN TRADE


Kerala govt team to visit China
A HIGH-LEVEL Kerala Government delegation, headed by the Industries Minister, Mr P.K. Kunhalikutty, is to visit China between September 1 and 9. The visit follows invitations from International Network for Small Hydro Power and Sibit Asia-2002, ... More

HEALTH


Making a `beaming' difference
Dr Rakesh Sinha of BEAMS has been involved with people not only as a well-known surgeon, but also as a mind management therapist. More

Minister stresses private sector role in healthcare
THE Union Minister for Health and Family Welfare, Mr Shatrughan Sinha, has called for greater private sector participation through private-public partnership initiatives to tackle diverse problems confronting the healthcare sector in the ... More

How safe are injections?
MORE than 30 per cent of the 20 billion injections given to people globally are administered unsafely and there is need to create an awareness that it is always better to leave the decision on their use to qualified medical persons than to insist ... More

PHARMACEUTICALS


`Law to protect drug trade secret must'
CAN a pharma company that has invested considerable cost, time and energy in developing an original drug expect to have its trade secret protected? The pharma sector's concern over some drug companies riding "piggy-back" on the research of others ... More

POWER


24-hour power supply to all villages in AP
FOLLOWING the commissioning of the second 500 MW unit of NTPC Simhadri thermal power station located near Visakhapatnam, there will be no difficulty in providing 24-hour power supply to all the 26,560 villages spread across Andhra Pradesh, ... More

LDF calls 48-hour hartal
THIRUVANANTHAPURAM: The State Committee of the opposition Left Democratic Front (LDF) has called a 48-hour hartal and general strike on September 17 and 18 in Kerala in protest against the steep hike in power tariffs. This is for the ... More

TEXTILES


Textile sector in no festive mood
EVEN as the countdown for major local festivals has begun, the city-based importers/ wholesalers and exporters of textile products and yarn are apprehensive about the overall business prospects during the festive months. This apprehension is ... More

Synthetic textiles export target likely to be met
THE Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) is hopeful of achieving the export target of $1.5 billion (about Rs 7,500 crore) set for April-March 2002-03. According to its Chairman, Mr Sanjiv Saran, self-reliance in raw ... More

27-pc growth in April-May
EXPORTS of synthetic and rayon textiles amounted to Rs 1,003.13 crore in April-May 2002, registering 27 per cent growth over exports in the corresponding period in the previous year. Exports in the first two months accounted for 14 per cent of ... More

COAL


Equity role for States in coal cos proposed
THE Centre is planning to begin a dialogue with the Governments of the coal-producing States to explore the possibility of their equity participation in the nationalised coal-producing companies which are currently 100 per cent owned by the ... More

MANAGEMENT


Managerial paradox
CONSIDER these names: T. Thomas of Unilever, Rajan Pillai of RJR Nabisco, Bhaskar Menon of EMI, T.P.G. Nambiar of BPL, Biji Kurien of Asian Paints and Berger Paints, Alex Kuruvilla of MTV India, K.P.P. Nambiar of Keltron and Namtech, Rajeev Nair ... More

BREWERIES


  • Draw of lots for IMFL shop licences

    EDUCATION


  • Order on CET stayed

    REAL ESTATE & CONSTRUCTION


    BDA drive against illegal structures
    THE Bangalore Development Authority (BDA) is finally living up to its nomenclature. The BDA Commissioner, Mr Jayakar Jerome, the man behind the turnaround story of this Government authority, is leaving no stone untouched in his mission to ... More

    INDUSTRY ASSOCIATIONS


    Capexil sets up North-East Chapter
    CAPEXIL has set up a North-East Chapter at Guwahati to facilitate enterprise and promotion of trade in the North-East. Mr M.F. Vohra, President of the Council, said the new Chapter, besides providing access to information, will also execute ... More

  • Traders' meet on Sept 13

    READYMADE GARMENTS


    Readymades fail to dent suit makers' biz
    THE change over to readymades seems to be mainly in the mid price segment and largely an urban phenomenon. Despite huge advertising budgets and branding communications, the market penetration is only 20 per cent. In the shirts category, growth ... More

    DISINVESTMENT


  • Stir against Salem Steel divestment

    SOCIAL WELFARE


  • Rotary health camps for the needy

    EVENTS


    Karnataka has more to offer than IT, Krishna tells NRIs
    THE Karnataka Chief Minister, Mr S.M. Krishna, invited NRIs and US businesses to take advantage of the opportunities offered by Karnataka in a variety of sectors, besides IT and bio-technology. Inaugurating the World Kannada Conference at ... More

    Indian juror for coffee contest
    BANGALORE: For the first time, an Indian has been invited to be a juror at the Cup of Excellence competition for developing gourmet coffee to be held in Brazil between October 21 and 28. Ms Sunalini Menon, CEO, Coffee Lab, a private ... More

  • CII meet on work culture

    EXPORTS & IMPORTS


    Exports up 17.7 pc in July
    THE country's exports during July have gone up by 17.74 per cent. Exports in the period are valued at $4,041.43 million against $3,432.64 million during July 2001. In rupee terms, exports were worth Rs 19,707.41 crore, which is 21.79 per cent ... More

    TOURISM


    Apex board for tourism promotion mooted
    THE Indian Association of Tour Operators (IATO) has urged the Government to set up an "apex board'' that would be focussed on the development of tourism in the country. The empowered board must have decision-making powers and have access to the ... More

  • KSTDC to promote Hampi

    ECONOMIC OFFENCES


    Tax evasion in import of kerosene, naphtha detected
    THE Intelligence Wing of the Commercial Taxes Department, West Zone, Mangalore has unearthed a sales tax `evasion racket' concerning import of superior kerosene oil and naphtha. According to a statement issued here by the Joint Commissioner of ... More
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    Creditable progress on external debt


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    No time respite for FM players on licence fee

    Power Trading Corpn to handle Bhutan power

    RBI annual report 2001-2002 — Economic climate may force RBI to change stance


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