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Sunday, December 08, 2002

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INVESTMENTS


Riders in insurance policies
RIDERS are add-ons to the basic insurance policy to supplement the cover provided. One can also combine a set of riders and append it to the main policy. The premiums will, obviously, undergo an upward revision, depending on the rider or a ... More

Cholamandalam Investment & Finance: A safe `nest'
CONSIDERING the current decline in the interest levels, the fixed deposit programme of Cholamandalam Investment and Finance Company is a good option for investors. Cholamandalam is among the better-managed NBFCs operating now and its credit ... More

Choosing a term assurance policy
ONCE one has decided on a term assurance policy, a few other factors need to be considered. Most of the companies covered in this article offer riders. The most popular riders are ones that pay a higher sum assured in the event a policyholder ... More

FOREIGN TRADE


Pref trade pacts with African nations under study
BASED on analytical studies carried out by the National Centre for Trade Information (NTCI), under the Department of Commerce, on trade possibilities in seven Sub-Saharan countries under the Focus-Africa programme, appropriate strategies are ... More

HEALTH


Corporates need health kit
"BUSINESSES rise and fall on the health of their workforce," observes Mr Lee C. Smith, former President Levi Strauss Intl. An insight coming from one who has clocked 26 years in the company, including eight years as its President, the veiled note ... More

PSU


Performance culture can help power PSUs, says IOC chief
PUBLIC sector units may have unique problems, but they have to and can overcome them, Mr M.S. Ramachandran, Chairman, Indian Oil Corporation, said on Saturday. Delivering the valedictory address at the annual convention of the Madras Management ... More

POWER


Cancel PPA for BPL power project: Cong
QUESTIONING the recent clearance of the amended power purchase agreement (PPA) of the 500 MW coal-based BPL power project by the Andhra Pradesh Electricity Regulatory Commission, the main opposition party — Congress (I), has demanded that ... More

INDUSTRY ASSOCIATIONS


FICCI to `unleash' India's potential
THE Prime Minister, Mr A.B. Vajpayee, will inaugurate the 75th annual general meeting (AGM) of the Federation of Indian Chambers of Commerce and Industry (FICCI) scheduled for December 13. Gearing up for its platinum jubilee celebrations, ... More

FOREIGN DIRECT INVESTMENT


VCs prefer India to China
INDIA can be proud of the fact that venture capitalists are betting their smart money in India than in China, pointing to the potentials of this source in boosting foreign direct investment (FDI) inflows. Official sources told Business ... More

EVENTS


Armed Forces Flag Day
A lady representing the Armed Forces pinning a flag on the Prime Minister, Mr A.B. Vajpayee's coat at his residence in the Capital on Saturday.

More

`Rivals must join hands for mutual benefit'
AS new businesses emerge and new paradigms constantly invented, new alliances are also being forged in unexpected quarters. But this is inevitable, as even competitors must collaborate for mutual benefit, said Mr Kruben Moodliar, CEO of Great ... More

ENTREPRENEURSHIP


ICFAI unveils incubator for entrepreneurs
THE Institute of Chartered Financial Analysts of India (ICFAI), the Hyderabad-based management education institution that recently got notified as university, has inaugurated the ICFAI Centre for Entrepreneurship Development (ICED) aimed at ... More

INCOME TAX


Perquisites/rebates: Taxation of employer benefits
IF a festival advance of Rs 50,000 is given to an employee, to be recovered from his salary, will the same be treated as a perquisite?
  • If the employer enters into an agreement with a landlord for taking on lease a house property which is ... More

    Tax effects of education, books
    I WANT to take a loan for the education of my children who are studying in school. Can I claim any deduction in respect of the repayment? Please note that I am the Karta of a HUF. P. Devikumar Reply No ... More

    Kelkar to go soft on senior citizens
    The Kelkar panel on direct taxes is likely to recommend a higher exemption limit of Rs 1,20,000 per annum for senior citizens instead of Rs 1,00,000 per annum proposed in the consultation paper for all individuals and HUF's. Also, those senior ... More

    EXPORTS & IMPORTS


    Beef exports stay banned
    BEEF exports from the country are banned. The Commerce Department on Saturday reiterated this "factual position" in response to questions being raised on the admissibility of beef exports. In a statement, the Department said the prohibition is ... More
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    In Focus
    Inside China
    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Dec. 1-Dec. 7
    `Almatti height may hit AP power generation'

    GE Shipping hoots past SCI disinvestment

    Development data report shows AP in poor light

    Sugar import norms tightened

    Low funds, strict laws plague medicinal biotech sector

    ATMA members' H1 exports touch Rs 485 cr

    Direct tax receipts slow down in April-Nov period

    Farm, allied products boost export growth — Plantations, leather fare poorly

    Govt to review Centaur deal if found illegal

    Of ayurveda and farmers' rights

    Steep rise in foreign currency export credit during Apr-Nov

    ONGC, Iffco-Kribhco may be allowed to bid for HPCL


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