The Hindu Business Line : Saturday, May 17, 2003

Kerala CM claims improvement in financial position
Listing the achievements of the Government, the Chief Minister, Mr A.K. Antony, said the revenue deficit had been brought down to Rs 2,605 crore in 2001-02. More

ENVIRONMENT

Bengal pollution board helps clear city air
A MONK at the Ramakrishna Mission order had to fall in line with this environmental regulation as did the owners of scores of industrial units big and small. All were found to be guilty of the same violation — of using coal-fired boilers ... More

EXCISE AND CUSTOMS

Excise duty sops for powerloom weavers
POWERLOOM weavers with an annual turnover of up to Rs 35 lakh can now avail excise duty exemption for the first clearance of Rs 25 lakh during a year. Similar exemption would henceforth be also available to manufacturers of shoddy blankets, ... More

Notification on cost of cargo bonds
THE cost of bonding for custodians of goods at export processing zone (EPZ), container freight stations (CFS) and inland container depots (ICD) is expected to come down by 10-15 per cent depending upon the value of the cargo stored in such units. ... More

FOREIGN TRADE

FICCI signs pact with Kuwaiti trade body — Reconstruction of Iraq
WITH a view to strengthen the institutional linkages between the Indian and Kuwaiti business community and to aid in the reconstruction of Iraq, an opportunity that India Inc has been actively eyeing, the Federation of Indian Chambers of Commerce ... More

Canada plans trade office in Chennai
THE Canadian Government has a bouquet of plans for Chennai, including the setting up of a trade office and a visa application centre, in the city. The Trade Office would be functional by the end of this calendar year, the High Commissioner for ... More

Indian trade invited to tap surging market in Vietnam
ECONOMIC ties between India and Vietnam have been on a low key, but there is a vast potential for closer relationship, Mr Tran Trong Khanh, Ambassador of the Socialist Republic of Vietnam in India, said here. Delivering the keynote address at ... More

HEALTH

AIDS, mind your language please
LANGUAGE has a strong influence on attitudes toward HIV/AIDS and people affected by HIV/AIDS. "It can be damaging or it can be non-judgmental, positive and constructive," according to specialists in the HIV/AIDS field. Highlighting this aspect ... More

INFRASTRUCTURE

Stamp duty exemption for Kinfra land

TAXATION

RBI calls for better tax compliance
THE Reserve Bank of India has underlined the importance of higher tax collections in line with the increase in income levels in the context of generating more revenues for the Government. Dr Rakesh Mohan, Deputy Governor of the RBI, today laid ... More

Traders' body hails Central move on VAT
THE Confederation of All India Traders (CAIT) on Friday hailed the Centre's decision to hold parleys with principal political parties and the Empowered Committee of State Finance Ministers on Value Added Tax (VAT) to draw a new roadmap for the ... More

RADIO/TV

Broadcasters in talks with local operators to bypass INCableNet — Non-payment of dues alleged
ADS for Star Plus' new "aktion" series, Josh, which premieres tonight, carries this message: "If you are a subscriber of the Hinduja-owned INCableNet Network, then demand Star from your cable operator to watch Josh tonight. You pay ... More

EDUCATION

No tension for HSC students, thanks to Net
TWO years ago, Indhumati and her parents had to wait anxiously for over two hours in front of a shop to get a copy of a special edition newspaper carrying the X standard results. However, for her higher secondary school (HSC) examination ... More

Wigan & Leigh India plans to open campuses in HK, Dubai, Thailand
EVEN as the 150-year-old British institution Wigan & Leigh College (WLC), has been expanding rapidly in India with eight campuses in five cities in a matter of eight years, its Indian avatar Wigan & Leigh College (India) Ltd is set to open ... More

Training on biz communication

Kuoni academy of travel launched

CONSULTING

Zoning Atlas for setting up industries in AP
WHICH is the most suitable place to set up say a drug manufacturing unit, a cement plant or a chemical industry without creating problems both to the people and the environment? In Andhra Pradesh, now, there is a ready reckoner, at least in 15 ... More

INDUSTRY ASSOCIATIONS

CII for review of new ground handling norms
THE Confederation of Indian Industry (CII) has said it "strongly" believes that the proposal to restrict ground-handling services at airports in the country to the Government or public sector agencies needs to be reviewed. Earlier this year, ... More

READYMADE GARMENTS

Export park garments for Wal-Mart, J.C. Penny
THE world famous Wal-Mart and J.C. Penny of the US are sourcing garments from the units set up in the Apparel Export Park (AEP) at Gundlapochampally near here. Hindustan Apparel is supplying garments to Wal-Mart while Chermas is the supplier ... More

SCIENCE & TECHNOLOGY

Canada keen on tech tie-ups
Canada is looking to expand its business and educational relationship with the southern States in India, particularly Tamil Nadu. More

DISINVESTMENT

Disinvestment panel justifies stand on HHEC
THE Handicrafts and Handloom Exports Corporation of India Ltd (HHEC) disinvestment would not affect or dilute the social and developmental efforts of the Government towards the sector and to artisans as the company's role in the product and ... More

OVERSEAS INVESTMENTS

Investment by Indian cos in UK surges, says study
A RECENT survey conducted by Invest-UK, the British Government's inward investment agency, shows that the total number of Indian firms investing in the UK has gone up to 441, of which 338 are from the ICT sector. Announcing the results, the ... More

EVENTS

CII Indo-Latin America pharma meet from May 19
FOLLOWING the success of the first Indo-Latin American pharma meet organised during March last year, the Confederation of Indian Industry (CII) plans to repeat the event this year from May 19 to 23 in Mumbai and Hyderabad. In a press release ... More

Take care to protect domestic industry: Rudy — Trade liberalisation in environmental goods, services
AS developed countries remain the major producers of environmental goods and the developing countries the net importers, the process of liberalisation of trade in these goods should be so crafted as not to hurt domestic industry of developing ... More

EXPORTS & IMPORTS

EEPC resents jump in pig iron prices by `cartels'
ENGINEERING goods exporters from the eastern region have alleged that pig iron producers and traders have created an illegal cartel and jacked up prices by 45 per cent. They have also sought an intervention from the national carrier, Shipping ... More

TOURISM

Malaysia dispels SARS scare to lure tourists
TOURIST traffic to Malaysia has dropped by 30-40 per cent in the last two months owing to the Iraq war and the outbreak of the SARS epidemic in South-East Asia, according to Mr Paduka Abdul Kadir bin Sheikh Fadzir, the Malaysian Minister of ... More

Central aid for tourism schemes

Bus stand, facilitation centre at Fort Kochi

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