Financial Daily from THE HINDU group of publications
Wednesday, September 25, 2002
Markets (Sept. 24)
BL 2501030.67 (-3.68)
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Dollar (Buy/Sell)48.37/48.49
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Dumping probe into ammonium nitrate imports
THE Designated Authority in the Commerce Ministry has initiated anti-dumping investigations on alleged dumping of ammonium nitrate from Russia and Iran. Gujarat Narmada Valley Fertilisers Company Ltd (GNFC), National Fertilisers Ltd (NFL) and ... More


  • PF adalat on Oct 10


    Jaswant to use US visit to defend reforms record
    THE Finance Minister, Mr Jaswant Singh, will attempt to dispel fears among foreign investors of India's economic reforms after the recent setback to the disinvestment and FDI opening up process, besides the downgrade of rupee debt to junk status ... More

    Plan to make Kovai an outsourcing hub
    WITH the textile industry, the mainstay of Coimbatore region, yet to come out of the woods, the Indian Chamber of Commerce and Industry (ICCI), Coimbatore is pursuing the concept of making it an international outsourcing hub for the manufacturing ... More


    AP Govt constitutes task force on flyash utilisation
    THE Andhra Pradesh Government has constituted a special task force to monitor the implementation of the various Government Orders related to utilisation of flyash by all Government departments in the State. With utilisation of flyash, generated ... More

    MoU signed for `clean' leather parks in AP
    THE Central Leather Research Institute (CLRI) signed a MoU with the Leather Industries Development Corporation of Andhra Pradesh (LIDCAP) to design leather complexes with environmental safeguards. Work has been initiated for designing the first ... More


    Meet focuses on need to tap vaccine market
    VACCINATION is the cheapest method in healthcare and in view of the tremendous possibilities for improvement in this sector, the country would do well to manufacture vaccines to cater to global markets, said Prof G. Padmanabhan, former Director ... More


    Hassan SEZ getting ready
    BANGALORE: Karnataka's Special Economic Zone for exports at Hassan is poised for a take-off with infrastructure like roads, water and power already in place in an area of 1,825 acre. The State Government has invested about Rs 65 ... More

    CRPF plans to build flyover on NH 47
    THE Central Reserve Police Force (CRPF), which has a Group Centre spread out on both sides of the National Highway 47 at nearby Pallipuram, will construct a flyover at the accident-prone Pallipuram Junction at a cost of Rs 3.85 ... More


    Post-IPR, drug prices set to rise: Report
    ONE of the main contentions at the recent TRIPs meeting in Doha by developing countries including India was that prices of medicines would rise with the implementation of Intellectual Property Rights (IPR) regime. This stand has been vindicated ... More


    Rise and shine
    Technology offers a great opportunity to the Indian power converter market. Now's the time for the players to turn challenges into spurs for growth. More


    TN: Commercial taxes yield up 13 pc in April-Aug
    Officials attribute the growth in tax collections to two major taxation items — the five per cent infrastructure surcharge and the one per cent resale tax — that came into effect from July 1, 2002, the realisation from which will be refle cted in the August collections. More


    Textile testing centre at PSG Tech
    The PSG College of Technology here and Premier Polytronics Ltd, a textile testing equipment manufacturing company, have come together to set up a new state-of-the-art textile testing centre. Set up at a cost of Rs 1 crore, the PSG Premier ... More


    Study on national river water grid in final stages
    A TECHNO-ECONOMIC feasibility study of a countrywide national river water grid is in the final stages, the Union Urban Development Minister, Mr Anant Kumar, said here today. Equivalent to the Rs 65,000-crore "golden quadrilateral" national ... More

  • Water level down in major Kerala reservoirs


    Taxes on cigarette companies unfair: Godfrey Phillips
    THE cigarette industry has been hit by "prohibitive and discriminatory tax and marketing restrictions", according to Mr R.A. Shah, Chairman, Godfrey Phillips India (GPI). Speaking at the company's annual general meeting (AGM) here on Tuesday, ... More


    7% growth seen in disposable cup market
    THE paper-cup manufacturing sector is expected to expand in a big way in the coming years following the growing awareness of the ill effects of using non-food and bio-degradable containers for serving beverages. According to a study conducted ... More


    Indian industry to donate 25 computers to Kabul — CII show to push `brand India'
    THE Indian industry will donate 25 computers and set up a computer centre in Kabul as part of its efforts to be a major player in the emerging market in Afghanistan. The official announcement about the donation is to be made in Kabul during ... More

    `No S&P impact on funds for Indian cos'
    INTERNATIONAL rating agency Standard & Poor's decision to lower India's long-term rupee debt from investment grade to "junk" could slow down foreign portfolio inflows into the country, according to the outgoing President of the Associated ... More

    FICCI in pact with German trade body
    THE Federation of Indian Chambers of Commerce and Industry (FICCI) and Baden-Wurttemberg Agency for International Economic Co-operation - GWZ, have signed a memorandum of understanding recently with a view to promoting, improving and ... More

    CII (SR) team to visit Thailand, S. Korea
    CHENNAI: The Southern Region office of the Confederation of Indian Industry (CII-SR) is organising a week-long study programme to Thailand and South Korea to learn and share the experience of total quality management (TQM) and total ... More

    Italian course for corporates
    CHENNAI: The Indo-Italian Chamber of Commerce and Industry is organising Italian language courses for corporates at Chennai. This is to help the Indian corporate staff to understand the language in view of increased business relations ... More

    SICA `emeritus' president
    THE Chairman and Managing Director of the Lakshmi Mills Company Ltd, Mr G.K. Sundaram, has been made `emeritus' President of the South India Cotton Association (SICA), which is into the 25th year of its existence this year. Mr Sundaram's ... More


    IISc ties up to launch Web library
    INDIAN Institute of Science, Bangalore, in collaboration with the Carnegie Mellon University and the Government of China is going to launch a Web library, which, to start with, will have as many as 2,500 books on various subjects such as ... More

    Approval given for five tech business incubators
    FIVE new Technology Business Incubators (TBIs) will be set up in the country within the current financial year. The Department of Science & Technology (DST) has already accorded in-principle approval for this. At present, there are four TBIs ... More


    AP bars `outside' recording of film songs
    RECORDING of film songs in Telugu films will now have to be mandatorily done in Andhra Pradesh. The Government has decided to withdraw the facility for the industry to undertake recordings in other States from November 1. Also from that date, ... More


    Foreign airlines may not be allowed domestic stake
    EVEN as the proposal for hiking the level of foreign direct investment (FDI) in domestic airlines from 40 to 49 per cent is expected to get the nod from the Government, the proposal for allowing foreign airlines to pick up stake in the domestic ... More

    India slides in confidence
    AFTER international credit rating agency Standard & Poor's downgrade of India's long-term rupee debt to "junk", here comes further blow to the country's efforts in bolstering foreign direct investment (FDI) inflows. India has slipped eight spots ... More


    Policy soon for training of rural bodies
    THE Union Ministry of Rural Development has embarked on an exercise of formulating a national training policy that would take care of the training needs of all the rural development functionaries in the country, according to Mr Lalith Mathur, ... More

    Plan to improve villages near Electronics City
    THE Electronics City Industries' Association (ELCIA), Bangalore, is planning to undertake a village upliftment programme in order to better the living conditions of people in the surrounding villages. The ElectronicsCity houses software majors ... More


  • KSFE staff demand medical benefit
  • DA freeze move triggers protest among EB staff


    Make use of common economic space for balanced development — Planning Commission Deputy Chairman, Mr K.C. Pant
    THE Planning Commission Deputy Chairman, Mr K.C. Pant, has proposed joint development strategy by both the Centre and the States to take advantage of the "common economic space'' within the country for ensuring balanced development. "Today, if ... More


    APITCO may send team to Canton fair
    THE Andhra Pradesh Industrial and Technology Consultancy Organisation Ltd (APITCO) has firmed up plans to organise a business delegation of small and medium enterprises (SMEs) to the forthcoming Chinese Export Commodities Fair (Canton ... More

    School of Social Work meet in Oct
    MANGALORE: The annual conference of the alumni association of the School of Social Work at Roshni Nilaya here will be held on October 6, according to a press release issued by the President of the association, Mr Seetharama Bhat. The ... More


  • Validity of village office certificates


    Export, production ban on 5 seafood units
    IN a move that has sent shockwaves amongst the seafood export community, the Export Inspection Agency (EIA) has issued a directive to five major seafood units across the country for immediate stoppage of production and export. Total exports of ... More


    Amadeus to launch e-ticketing by year-end
    e-ticketing means you do not get a physical ticket; instead will be provided boarding pass on production of your photo identity card at the airport counter. More


    Snake skin worth Rs 5 lakh seized
    CHENNAI: The Directorate of Revenue Intelligence (DRI), Chennai, has seized snake skins worth about Rs 5.25 lakh in the Indian market. On a tip-off, the DRI officials intercepted a van inside the air cargo complex on Saturday and ... More
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    Top Stories
    Satellite solution for village telephony

    Post-IPR, drug prices set to rise: Report

    Eighth bipartite wage settlement — IBA, union talks on Oct 18

    Indian cos eyeing larger share in outsourcing

    IISc ties up to launch Web library

    State levies issue likely to hit paddy procurement

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 15-Sep. 21
    Jindal Strips `favoured' in race for Salem Steel Plant

    Hank yarn transfer premiums still hot

    No plan to privatise coal sector, says Minister

    `India not geared for export industries' Mr M. Arunachalam, Chairman, Indian Chamber of Commerce, Hong Kong

    `Nasscom going all-out to crack down on piracy'

    SEZs need sops for viability, says IDBI report

    Dhindsa against sell-off in profit-making PSUs

    Foodgrain exports set to cross 15-mt mark

    `Task force report on chem sector will be implemented'

    Golden Quadrilateral Phase-I to be completed next year

    Cement, steel power core sector growth in April-Aug

    How China is racing ahead in industry

    A knee-jerk reaction, says CII chief

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