![]() Financial Daily from THE HINDU group of publications Thursday, June 05, 2003 |
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INDUSTRY & ECONOMY AUTOMOBILES Rupee depreciation versus euro European auto cos to absorb hike MAJOR European automobile companies operating in India have decided to absorb the cost increases because of the appreciation of the euro against the rupee. The Indian rupee depreciated by over 36 per cent over the last one year. During the ... More COURTS/LEGAL ISSUES Standby charges to MSEB Tata Power, BSES told to pay equal amount THE Mumbai High Court today settled a three-year-long dispute between Tata Power and BSES Ltd over payment of standby charges to the Maharashtra State Electricity Board. Both companies have been asked to share the charges equally, paying monthly ... More
Tatas happy; BSES decision soon ECONOMY Tax refunds push up fiscal deficit in April MASSIVE refunds, leading to net negative tax revenue collections, has caused an increase in the Centre's fiscal deficit to Rs 17,140 crore during April 2003, compared to 15,239 crore for the corresponding opening month of the previous fiscal. ... More
Gujarat annual Plan fixed at Rs 7,860 cr ENVIRONMENT CII team for Mithradham CII Kerala is organising an environmental study mission to Mithradham in Chunangamveli near Aluva on Thursday on the occasion of the World Environment Day. Mithradham provides an institutional structure in the area of environment protection and ... More
Please crush your PET bottle after use!
AP forests on a revival path FOREIGN TRADE HEALTH Catching them young with `Life Skills' THE ACTIVITYTM, an organisation working with schools, has launched Life Skills, an interactive programme that is endorsed by the World Health Organisation (WHO). The programme deals with those skills that are necessary for an individual to ... More PETROLEUM Strong Re to boost oil cos' earnings EARNINGS of State-owned oil marketing companies are likely to improve from the second quarter of the current fiscal as hardening rupee eases their heavy import bill. However, earnings of refineries such as ONGC are seen "marginally hurt" ... More PHARMACEUTICALS Pharma industry wants expert panel to study export potential `Karnataka has been recommended by the World Health Organisation as one of the best centres of manufacturing bulk drugs and formulations with a few multinational companies themselves operating their units.' More POWER `Electricity policy implementation in six months' THE Government will try to implement the much-awaited National Electricity Policy and National Tariff Policy within the next six months, Mr R.V. Shahi, Union Power Secretary, said here today. He said the Electricity Act 2003 is likely to be ... More TAXATION KCCI unhappy over tax hike THE Kanara Chamber of Commerce and Industry (KCCI) has expressed `deep shock and indignation' at the manner in which the Karnataka Department of Commercial Taxes has announced a one per cent hike in sales tax on over 245 categories and items in ... More
Implementation of tax collection of source on IMFL postponed SSI Rs 14-cr funding helps CITD gain strength A TIMELY Rs 14-crore modernisation plan has helped the Central Institute of Tool Design (CITD), a national institute, to procure the latest machinery and regain its competitive edge as a customised technical solutions provider for the small and ... More WATER RADIO/TV DD scripts a success story DD-Mumbai, Sahyadri, has scripted its own path to success with revamped programming, in-house production and a Marketing division that has brought more advertisers on the channel. Its viewership and ad revenues are up significantly, and it could sta nd to make more gains in a post-CAS environment. More EDUCATION BITS, Pilani opens campus in Dubai ONE of India's premier engineering institutions, the Birla Institute of Technology & Science (BITS), Pilani, has opened a branch campus at Knowledge Village in Dubai. Dr S. Venkateswaran, Director, BITS, and Dean of the college, Dr M. ... More BEVERAGES A summer of content Driving volumes, increasing cost efficiencies and packaging innovations. The soft drink industry is reinventing itself this season. More GEMS & JEWELLERY
Diamond cos do not shine on the boursesTHOUGH diamond is the single largest foreign earning commodity in the country accounting for around 17 per cent of the country's merchandise exports and accounts for 80 per cent of the global market by volumes, listed diamond companies are ... More REAL ESTATE & CONSTRUCTION CIDC, SIDBI sign agreement for loans to small contractors THE Construction Industry Development Council (CIDC) and the Small Industry Development Bank of India (SIDBI) today announced a new bills discounting scheme for contractors engaged in construction activity. "We will discount bills raised by a ... More PAPER, BOARD & NEWSPRINT `Newsprint sector needs protection' MANUFACTURING newsprint in the country is no longer an economically viable business, according to Mr. P.S. Patwari, Executive Director of the city-based Emami Paper Mills Ltd (EPML), the only major newsprint manufacture in the eastern ... More SCIENCE & TECHNOLOGY BHEL installs solar panels on satellites ENGINEERING major Bharat Heavy Electricals Ltd (BHEL) has achieved a major milestone with the successful deployment of space grade solar panels on INSAT 3A and GSAT2 launched by the Indian Space Research Organisation (ISRO). Both the satellites ... More EVENTS Public utility status sought for export units in Bengal EXPORT units in the State should get public utility status so that they remain outside the purview of strikes and bandhs which have been plaguing West Bengal. Addressing the valedictory session of the two-day CII Export Summit here on ... More
EXPORTS & IMPORTS Seed exports seen rising to $200 m by 2005 SEEDS exports has the potential to grow to a whopping $200 million by the year 2005 as against the modest $20 million at present, provided the Government follows a consistent policy of allowing import of parental strains and re - exporting the ... More
ITES exports up 44 pc: ESC NATURAL CALAMITIES Death toll crosses 1,200-mark in AP Task force set up to study heat wave The task force has been asked to study why the situation was so bad despite taking up several environment- friendly projects such as Neeru-Meeru and various forestry schemes. More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus SARS scare The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collection NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back May. 25-May. 31 `Consumer interest to be kept in mind on CAS' Ombudsman for consumer durables in offing? 2-wheelers likely to see value pricing for 2-3 yrs Maruti IPO process begins on June 12 Infrastructure projects Policies still not conducive for pvt investments: Crisil Concern over low returns on pension funds Stock valuation for RCF disinvestment Long-term fert policy, feedstock supply hold key |
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