The Hindu Business Line : Monday, November 11, 2002

Glut, price crash trigger crisis in explosives sector
THE Indian explosives industry is currently passing through a crisis on account of excess capacity and severe competition, leading to a drastic fall in the selling price. The explosives prices in the past four years have fallen by over 25 per ... More

PSU

Matter of FACT
GRIZZLED veterans of the financial press - in the days when `press' meant reporters with notebooks, pencils and shorthand, not aggressive anchors with Betacams in search of sound bytes - will remember that the high point of business ... More

POWER

Another round of stir awaits Dabhol
EVER since its inception, the fate of the Enron-promoted project has been moulded by political imperatives rather than economic wisdom and business sense. The latest attempt by the stakeholders of DPC to restart the project has already drawn ... More

STEEL

Ferro alloy units restart furnaces
AFTER a gap of over seven months, ferro alloys industry in Andhra Pradesh has cranked up its production units, following the State Government's offer to provide power at Rs 2.16 per unit. Industry sources told Business Line that five of ... More

TAXATION

Chhattisgarh plans to cut sales tax on ATF
WITHIN the next six months, if you are flying from South India to the North and the aircraft makes an unscheduled stop in one of the country's youngest States, Chhattisgarh, do not be too surprised. In an effort to popularise the State as a ... More

WATER MANAGEMENT

FICCI drive on rainwater harvesting
FICCI has announced the formation of the Rainwater Harvesting Action Group as a part of its campaign to create a network of stakeholders in managing water resources. In the country, domestic water use is projected to nearly double in less than ... More

FOODS & FOOD PROCESSING

Food processing park near Madurai
INDIAN Food Park, Rs 12 crore private sector initiative in food processing, has come up at Virudhunagar, near here. Recognised by the Union Ministry of Food Processing and Industries, the project has received an assistance of Rs 4 crore, as ... More

INDUSTRY ASSOCIATIONS

Small units critical of Kelkar proposals
THE Madurai District Tiny and Small Scale Industries Association has called for a review of Kelkar Committee recommendations and said that decisions should be takenafter a broad-based debate and suggestions from the small-scale sector. The ... More

Banks should lower lending rates: Maditssia
THE Madurai District Tiny and Small Scale Industries Association (Maditssia) has sought conduct of loan melas for small scale industries by commercial banks on the lines of housing loan melas and also renew the existing loan documents for the ... More

Assocham moots fiscal sops for project exports
TO give a fillip to project exports, the Associated Chambers of Commerce and Industry of India (Assocham) has recommended removal of tax discrimination between product and project exporters, hike in deduction on income from royalties and patents, ... More

DISINVESTMENT

Divestment Ministry sees little merit in EIL sell-off
IRONIC, it may seem, but for the first time in the brief history of disinvestment of public sector undertakings, the Ministry of Disinvestment (MoD) plans to stall the sell-off of a profit-making PSU - Engineers India Ltd (EIL). "We feel that ... More

SMALL SAVINGS

Investment pattern of EPF monies in for change
A CHANGE in the investment pattern of employee's provident funds (EPF) is on the anvil. The Finance Ministry has kickstarted the exercise of reviewing the existing investment pattern so as to give the EPFO more flexibility in investing EPF ... More

SOCIAL WELFARE

CII outfit to run job scheme for AIDS victims
EVEN as HIV-affected people receive a high-profile pledge of support from the Bill and Melinda Gates Foundation, domestic captains of industry, under the banner of Indian Business Trust (IBT), have kicked-off HIV/AIDS integration programmes aimed ... More

EVENTS

Corporate `dilemma' over social responsibility
MOST of the Indian corporate houses identify the absence of a clear linkage between the corporate social responsibility (CSR) and financial success as the principal barrier to CSR. They also see the lack of mechanisms to measure, monitor, ... More

CO-OPERATIVES

Huge losses raise need for co-op sector revamp
THE co-operatives sector in Kerala, which has incurred a huge net loss, is in for a major revamp. While some of the co-operative bodies made a combined profit of Rs 114.06 crore as per the latest estimates, many others totted up losses to the ... More

TOURISM

KSCB unveils Rs 250-cr scheme for rural tourism
KERALA State Cooperative Bank (KSCB), the apex co-operative bank in the State, has announced a Rs 250-crore scheme for developing tourist infrastructure in rural areas with the budget tourist in mind. Announcing this, Mr V. Aravindakshan, ... More

Mathura: Krishna' own land

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Investment pattern of EPF monies in for change

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In Depth
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Small Investor

Looking back
Nov. 3-Nov. 9
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`FDI computing system needs changes'