Financial Daily from THE HINDU group of publications
Friday, December 27, 2002
Markets (Dec. 26)
BL 2501128.45 (+7.73)
BSE Sensex3382.64 (+29.87)
S&P CNX Nifty1094.80 (+9.80)
Dollar (Buy/Sell)47.98/48.11
Gold Std (10 gm)5610 (+10)

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G-secs on stock retail mode
RETAIL investors can buy and sell Government securities on the stock exchanges in the same way they do equity shares, once the draft scheme announced by Reserve Bank of India is actually implemented. As per the scheme announced by RBI today, ... More


Few apply to TN biomass project; date extended
ABOUT 10 per cent of the potential investors who picked up applications to set up biomass based power projects in Tamil Nadu have submitted the completed application forms with the deadline set to end on Friday, according to sources. Therefore, ... More


Dumping probe on potassium carbonate
AN anti-dumping probe has been initiated by the Designated Authority in the Commerce Ministry on all imports of potassium carbonate from the European Union (EU), China, South Korea and Taiwan. Sources said that Gujarat Alkalies and Chemicals ... More


Green Business Centre gets `Platinum Certification'
THE Green Business Centre, a unique project that facilitates environment and energy-related certification and provides consultancy services, has received `Platinum Certification'. This innovative project is set to be completed by July-August ... More


Excise cut for AC, cold chain equipment sought
IN a bid to place air-conditioners on a similar playing field as other consumer durables, the Refrigeration and Air-conditioning Manufacturers' Association (RAMA) has urged the Government to reduce excise duty on room air-conditioners from the ... More


Naidu to lead ministerial team to Singapore
THE Chief Minister, Mr N. Chandrababu Naidu, is leading a high-level ministerial and official delegation to the 5th World Telugu Conference scheduled for three days from December 27 at Singapore. Among the Ministers accompanying the Chief ... More


Jaipur foot camp in Bangalore
BANGALORE: Rotary Bangalore Peenya is organising the sixth mega Jaipur Foot Camp in Bangalore from January 2 to 9. At the camp, the Delhi-based Bhagwan Mahaveer Vikalang Sahayatha Samithi will provide the world-famous Jaipur foot to ... More


399 hydel power sites identified
THE Centre has identified and assessed 399 potential hydel power generation sites in the country. It has also decided to harness this potential hydel power - estimated to be 1.07 lakh MW - in a phased manner. Mr H.L. Bajaj, Chairman of ... More


Indo-American chamber for tax shelter to expat staff
THE President of the Indo-American Chamber of Commerce (IACC), Mr Vinod Chandiok, has suggested introduction of a tax shelter investment vehicle for expatriate employees in India to attract investment into the country and prevent immediate flight ... More


Readymade garment H1 exports increase 11 pc
TEXTILE exports during the first half of the current fiscal (April-September) grew by 8.48 per cent fetching $6,007.04 million, against $5,537.55 million in the corresponding period of the last fiscal. Official sources told Business Line ... More


BWSSB shelves plans for 2 water recycling plants
THE Bangalore Water Supply & Sewerage Board (BWSSB) has decided to shelve plans to set up two tertiary treatment plants (TTPs) on the basis of a recently projected low industrial offtake from them. The TTPs at K&C Valley and Hebbal Valley were ... More


CEA to regularise pole use by cable operators
THE Central Electricity Authority (CEA) has planned to regularise "illegal" use of electrical poles by cable operators. CEA has also decided to allow power distributors to earn revenue from cable operators for use of the poles. CEA, which sets ... More


Showcasing India's tech progress
WHEN the annual year-opener, Indian Science Congress, meets shortly in Bangalore, it will have a rare interface with the industry and also pay a rich tribute to the best things to come out of the country's public and private sector ... More


Atomic minerals deposits found in AP coast
The mineral sand deposits along the Srikakulam coast, extending up to 21 km between the Nagavali and Vamsadhara rivers, have shown an average heavy mineral grade of 34.36 per cent. More


CCD meet today on HPCL, BPCL
THE Cabinet Committee on Disinvestment (CCD) will meet on Friday to discuss the modalities for disinvestment in oil marketing majors HPCL and BPCL. The deliberations would revolve around the quantum of Government equity to be sold in HPCL to a ... More


Small savings mobilisation a big hit in Tirunelveli dist
The basic strategy revolved round recruiting young people, equipping them with proper marketing techniques and extension methods to reach out to the households to inculcate the savings habit among the people. More


Kerala Govt to distribute plantation land to tribals
THE Government has, in principle, decided to allot estates of Plantation Corporation of Kerala to landless tribals in the State under the tribal rehabilitation programme. Announcing this at a post-Cabinet briefing, the Chief Minister, Mr A.K. ... More


CII meet to focus on networking
THE Ninth Partnership Summit 2003, to be held at Hyderabad early next month, will focus on the challenges of globalisation while addressing issues relating to networking in businesses. The summit, being hosted at Hyderabad for the second time ... More

Forum to oppose neo-liberal globalisation
NEARLY 10,000 delegates from over 300 organisations from Asia are expected to take part in the Asian Social Forum (ASF) being organised here from January 2 to 7, according to the members of the host committee. The ASF is part of the world ... More


Sensitive items import surges 17 pc in Apr-Oct
IMPORTS of items relating to 300 sensitive tariff lines surged by 17 per cent in rupee terms during April-October 2002 to touch Rs 7,805.31 crore as against a level of Rs 6,671 crore in the same period last year. The growth in imports has ... More


File corruption complaints online
THIRUVANANTHAPURAM: Complaints about corruption can now be filed online. The recently launched Web site of the Kerala Vigilance and Anti-Corruption Bureau ( allows for ... More
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Top Stories
Atomic minerals deposits found in AP coast

Wipro way to retain staff

Readymade garment H1 exports increase 11 pc

Rabi crop outlook cause for concern

Amul-Mother Dairy tussle set to intensify

Life insurers bet on term plans

The ticking pension time-bomb

`The sons also rise'!

In Focus
Inside China

Gujarat Elections
Stock scam unravelling
Red signal for Chinese silk
Petrol pump controversy
Small Investor
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 15-Dec. 21
Bio-diversity Bill: Choking bio-piracy or research?

Piracy deals blow to music industry

Ascon survey shows rise in industrial output

Divestment panel draws roadmap for TCIL — `Merge Semiconductor Complex with a PSU'

It's destination biogenerics for pharma

Diesel sales dip in November

`Kautilya's may be alternative model'

Rs 11,000-cr gap in direct tax collections

Withering orders dry up flower exporters' coffers

Specific duty for petrol, diesel likely

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