Financial Daily from THE HINDU group of publications
Wednesday, June 11, 2003
Markets (June 10)
BL 2501184.64 (-22.18)
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Dollar (Buy/Sell)46.77/46.90
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Will it rain this time?
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COURTS/LEGAL ISSUES


  • Plea to set up SC bench in South

    ECONOMY


    TN proposes Rs 7,000-cr Plan outlay
    EVEN as the Tamil Nadu Chief Minister, Ms Jayalalithaa, holds discussion with the Planning Commission Deputy Chairman, Mr K.C.Pant, tomorrow here to get the Plan size of the State fixed for the current fiscal, the Government in its draft Plan ... More

    AP CM sets scorching pace for Collectors
    With the State's focus trained on tackling one of the severest droughts in recent times, the CM asked the Collectors to thrash out some of the irritants to streamline relief measures. More

    FERTILISERS


    Policy changes bane of fertiliser sector: CARE
    A CONSISTENT fertiliser policy is the need of the hour as it would ensure steady supply of fertilisers at affordable cost to farmers and at the same time provide reasonable returns to the industry, CARE has said in its update on the ... More

    FOREIGN TRADE


    CII proposes enterprise show in Central Asia
    Sources said that one of the key reasons behind the fresh interest in the region is the improved macro-economic and political situation in Central Asia. More

    Investment pact likely with China
    INDIA and China are likely to sign an investment protection agreement during the Prime Minister, Mr Atal Bihari Vajpayee's visit to China slated for the last week of June, officials in the Chinese Embassy here said. A team of officials from both ... More

    HEALTH


    Lagging behind
    The Indian healthcare system needs to play catch-up to make a mark in the global arena. More

    INFRASTRUCTURE


    Textile, grains complex proposed at Koyambedu
    WITH June 25 being the last date for receiving applications for the proposed textile and foodgrains market in Koyambedu, the Chennai Metropolitan Development Authority (CMDA) has been receiving applications mainly from wholesale traders from the ... More

    PETROLEUM


    Form cluster, petro product cos told
    TO optimise the usage of energy, petroleum product companies like Hindustan Petroleum Corporation Ltd (HPCL) and research and development (R&D) companies like Petroleum Conservation Research Association (PCRA) should form a cluster. Suggesting ... More

    PHARMACEUTICALS


    Pharma retailing set for makeover
    THE next time you hear 98.4°, it could refer to more than the ideal temperature for the human body - the newly launched neighbourhood pharma retail store. With the aim of attacking the spurious drug trade by providing genuine medicine in a ... More

    POWER


    Coal-based power plant at Tuticorin with TNEB — NLC may take 89 pc stake in jt venture
    NEYVELI Lignite Corporation (NLC) is likely to take an 89 per cent stake in the proposed joint venture with the Tamil Nadu Electricity Board (TNEB) for putting up a 1,000 MW coal-based power plant at Tuticorin. The electricity board will hold the ... More

    Kothagudem, Vijayawada power units trip
    A MAJOR power trip affected generation in the Vijayawada Thermal Power Station (VTPS) and the Kothagudem Thermal Power Station (KTPS) and consequently electricity supply in large areas in the State was disrupted. Gales and heavy downpour led to ... More

    RUBBER


    Warehouse for rubber goods in US must, says Worldlink — Spells out export strategy
    The Indian exporter needs a 3PL (third-party logistics) provider to manage the supply chain, a well-located and functional warehouse in the US and a marketing company to develop the image and customer base. More

    TEXTILES


    Textile companies knit a successful show
    THE textile sector has managed to weave the fabric of success in 2002-03. An analysis of the performance of 121 textile companies that have declared their results till now shows that a majority of the companies have succeeded in wiping out the ... More

    SSI


    `SMEs must have the killer instinct' — Industrial clusters list soon
    THE Union Government will soon come out with the list of 10 industrial clusters slated for development as promised in the new Exim Policy for 2002-07. Disclosing this here on Tuesday at a workshop on `New Export-Import Policy', the ... More

    RADIO/TV


    Pricing: Channels get more time
    THE Government seems to have softened its stand and given broadcasters some more time to spell out clearly their pricing strategy. At a meeting on Tuesday between the officials of the Information and Broadcasting (I&B) Ministry and ... More

    EDUCATION


    KITTS moves to launch part-time diploma course
    THE Kerala Institute of Tourism and Travel Studies (KITTS) will shortly launch a part-time Post-Graduate Diploma in Business Administration -Travel and Tourism. Targeted at people working in the tourism and travel industry, classes for the ... More

    A high (tech) school shortcut to US degree
    AN American researcher and a Harvard alumnus associated with the US Department of Education, who has developed a new learning prototype that leverages the latest Internet technologies, has announced plans to locate the first remote click and ... More

  • Coaching classes for CA exams

    REAL ESTATE & CONSTRUCTION


    Builders for implementing Chennai `plan'
    THE city chapter of the Builders' Association India (BAI) has called for the implementation of the second master plan by the Chennai Metropolitan Development Authority (CMDA). Mr R. Radhakrishnan, past national President of the BAI, said the ... More

    INDUSTRY ASSOCIATIONS


    All-India validity sought for weighing tools
    THE Coimbatore District Small Industries Association (Codissia) has pleaded that weights, measures and weighing machines produced in one State should be made valid throughout the country. It also sought exemption of engineering goods that are ... More

  • KCCI to support trade bandh

    DISINVESTMENT


    EoIs invited for MFL sell-off
    THE Union Government has initiated afresh the process of privatising Chennai-based Madras Fertilisers Ltd (MFL) for selling 59.27 per cent stake in the company to a strategic investor along with transfer of management control. The Government ... More

    EVENTS


    Bengal to set up centres for doling redressal awareness
    `The group's recommendation regarding hiring profession pleaders by the consumers and the sellers was not accepted by the Government.' More

    INCOME TAX


    Confusion over I-T deduction on open offers
    WITH a good number of open offers expected during the current fiscal year and the markets looking up, ordinary investors are running from pillar to post to figure out whether the interest component in the final price for delayed open offers is ... More

    EXPORTS & IMPORTS


    STC too to canalise vanaspati imports
    THE Government has appointed State Trading Corporation (STC) as a canalising agency in addition to the Central Warehousing Corporation (CWC) for import of vanaspati from Nepal under the annual tariff quota regime. Under the revised Indo-Nepal ... More

    TOURISM


    AP unveils eco-tourism plans
    WITH the `threshold' year of 2002-03 giving encouraging results in the field of eco-tourism, the Andhra Pradesh Tourism Development Corporation (APTDC) has decided to tap several areas along the Eastern Ghats, Nallamala forest area and the vast ... More
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    Govt's buyback plan runs into rough weather — Banks hesitant over vague tax sops; insurers keen to protect income

    Pharma retailing set for makeover

    Corporates bet on branded TV shows for better recall

    PSU bank stocks lose most in panic selling

    `Pacific white shrimp imports illegal'

    Confusion over I-T deduction on open offers

    Textile companies knit a successful show

    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
    Jun. 1-Jun. 7
    Traditional items propel export growth

    Bollywood declares war on tobacco

    India Inc sees moderate positive confidence

    Pension reforms: Hidden costs, viability worry EPFO

    Plan panel sets up task force on job creation

    Domestic destinations turning tourist hot spots

    Edible oil imports may touch 55 lakh tonnes

    Software exports up 26% in 2002-03

    `US may tighten L1 visa norms'

    BITS, Pilani opens campus in Dubai

    Rupee depreciation versus euro — European auto cos to absorb hike

    Strong Re to boost oil cos' earnings

    Shipping, oil industries on collision course — Age criteria for tankers and CAP ratings

    A champagne year for steel cos

    CAS may make going tough for media cos

    Preferential trade pact with Egypt soon

    Kerala: `Weak' monsoon onset predicted

    Float glass imports from China, Indonesia — Domestic industry seeks permanent dumping duty


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