The Hindu Business Line : Tuesday, June 17, 2003

Italy-Bengal industry partnerships in the offing?
AN industry delegation to Italy led by the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, has returned after signing six MoUs, which pave the way for future tie-ups among private sector companies in the two countries. Briefing ... More

HEALTH

Study doubts commercial viability of telemedicine
TELEMEDICINE in India is still in a nascent stage what with many existing initiatives in the sector having been sponsored by the Government for increasing the spread of healthcare in rural areas. According to a study conducted by Wipro Consulting ... More

PETROLEUM

Rs 1,500 cr to be spent on exploration
ENCOURAGED by the recent gas and oil finds, Reliance Industries Ltd would be making fresh investments to the tune of Rs 1,500 crore ($300 million) in exploration over the next two years. Announcing this at the company's AGM here today, Mr ... More

Iran offers oil to Asian union on easier terms
IRAN has offered to supply oil to member countries of the Asian Clearing Union (ACU) on preferential terms in a bid to boost regional trade volumes. Speaking to Business Line, Dr Mohammed Jaffar Mojarrad, Vice-Governor of the Iranian ... More

Govt hopeful of good response for NELP round
THE Government is hopeful of eliciting a good response for the exploration blocks offered under the fourth round of the New Exploration Licensing Policy (NELP). Speaking to newspersons on Monday after attending roadshows abroad to promote ... More

PHARMACEUTICALS

`Pharma cos must tap outsourcing potential'
AFTER scripting several success stories for Indian IT companies, `outsourcing' is now expected to be the next big opportunity for the pharmaceutical industry. The statistics are overwhelming in favour of the pharma industry that has been under ... More

Fallout of case in Supreme Court on price control — Pharma cos bid to speak in one voice
FOR an industry that is spilt wide open between the domestic players and multinationals on issues of Intellectual Property Rights and Data Exclusivity - parleys are underway in the pharmaceutical industry to sink differences and speak in a ... More

POWER

SGI bullish on energy sector
SGI, better known as Silicon Graphics Inc, the $1.3-billion provider of high performance computing, visualisation and complex data management solutions, is bullish on the energy sector and sees growing opportunities in oil and natural gas ... More

TAXATION

Plan to rope in more banks for collection of tax dues
THE Department of Company Affairs (DCA) proposes to rope in more public sector banks (PSBs) to undertake collection of statutory dues prescribed under the company law. This move comes close on the heels of the decision of Central Board of Excise ... More

TEXTILES

Surplus land sale — NTC panel okays bid for Pankaja Mills
THE ailing public sector textile behemoth National Textile Corporation (NTC) may at last see some money flowing in from the sale of surplus land in Tamil Nadu. The Asset Sale Committee (ASC) of the NTC, which last week considered the revised ... More

SSI

Effect of globalisation on SMEs under study
THE Kochi-based Institute of Small Enterprises Development (ISED) has launched a `Programme on Globalisation and SMEs' aimed at identifying the latest issues relating to globalisation as they apply to SMEs, and to address these issues in terms of ... More

Jaswant to meet bank chiefs to extend credit for small sector
THE Union Minister for Small Scale Industries (SSI), Dr C.P. Thakur, said a meeting of the Finance Minister, Mr Jaswant Singh, and heads of various commercial banks would be held shortly to discuss the issue of extending credit facilities to the ... More

WATER

PM stress on cleaning of rivers
THE Prime Minister, Mr Atal Bihari Vajpayee, has asked the participatory States to focus "immediate" attention on the implementation process of the Ganga and the Yamuna action plans — work on the first phase of which have both been ... More

Som Pal calls upon planners to focus on water management
LAMENTING the poor attention being paid by policy makers on issues related to water, Mr Som Pal, Member (water resources), Planning Commission, today said the Tenth Plan should focus on water. He asked Mr N. Chandrababu Naidu, Chief Minister of ... More

Kerala says `no' to river-linking plan
THE Chief Minister, Mr A.K. Antony, has said that the State Government has informed the national taskforce on interlinking of rivers, headed by Dr Suresh Prabhu, that the proposal to link two of its rivers, Pampa and Achenkoil, with Vaippar in ... More

COAL

Flood in Singareni mine; 17 feared drowned
IN one of the worst mine disasters in recent times, about 17 colliers of the State-owned Singareni Collieries Company Ltd, were feared killed when the third seam of the Godavarikhani - LEP, was flooded on Monday afternoon. According to a ... More

BREWERIES

Date for tax collection at source for liquor changed
THE Finance Ministry has postponed the date of implementation of the latest amendments to the existing scheme on collection of tax at source from dealers in country liquor and scrap. The amendments brought about by Finance Act 2003 in respect ... More

RADIO/TV

Meet on pricing of channels tomorrow
THE broadcasters and multi-system operators are expected to meet officials in the Information and Broadcasting (I&B) Ministry on June 18 to finalise the pricing of various channels. Sources in the Ministry said that there were several issues ... More

Hathway to use Bharti network for Delhi relay
MULTI-SYSTEM operators (MSOs) are gearing up for the implementation of the CAS (conditional access system.) The first among them is Hathway Cable & Datacom (Hathway) which has tied up with Bharti for utilising its network for distribution of ... More

EDUCATION

NSOU launches diploma course on entrepreneurship
THE Netaji Subhas Open University (NSOU) and Enterprise Development Institute (EDI) jointly promoted by the Bengal National Chamber of Commerce and Industry and West Bengal Government, has launched a one-year diploma course on entrepreneurship ... More

MRSI ties up with UK firm for on-line course
THE market research society of India (MRSI) is tying up with the market research society of UK to offer a co-branded post-graduate diploma and certificate course in market research (MR) on the Net in India. Mr B.V. Pradeep, President, MRSI, ... More

Accreditation for 2 Bannari Amman institute degrees
THE National Board of Accreditation (NBA) has stamped the accreditation seal on the Mechanical Engineering and Textile Technology degree programmes offered by the Sathyamangalam-based Bannari Amman Institute of Technology (BIT). The institute ... More

CARS

Passenger car sales rise 41 pc in May
BOOSTED by lower interest rate schemes, car sales jumped 41 per cent in May 2003, with the major auto manufacturers — Maruti, Hyundai and Tata Engineering — recording strong growth. Total passenger car sales rose to 55,166 units ... More

AIR-CONDITIONERS & REFRIGERATORS

`June will determine AC sector results'
APART from bringing rains will the month of June succeed in showering the desired revenues for the air conditioner segment of the consumer electronics and durables industry? If the trend of the first five months is anything to go by, the ... More

INDUSTRY ASSOCIATIONS

Plea to include Kochi port in specified list
THE Indian Chamber of Commerce and Industry has urged the State Government to take up with the Union Government the inclusion of Kochi Port in the list of specified ports for export of ICD shipments. Expressing strong protest against the ... More

Good scope for IT sector in China, says CII
CHINA is a highly complex but profitable economy for companies operating in knowledge-based industries and now is the best time for Indian industries to enter that market. This has been brought out in a series of survey reports on ... More

TOBACCO

NEW TOBACCO LAW: IMPACT
Devil is in the detail, says tobacco industry
THE Rs 35,000-crore Indian tobacco industry, while appreciating the renewed efforts of Government to curb consumption of all tobacco products in the country, has expressed serious concern over some provisions of the Cigarette and Other Products ... More

IPR

TRIPS holds the key for drug clinical trial biz
THE Union Government's sincerity in implementing the Trade-Related Aspects of Intellectual Property Rights (TRIPS) in 2005 would hold the key to attracting business in clinical trials of drugs to India, say pharmaceutical industry ... More

EVENTS

Precious and sacrosanct
A woman takes a close look at an 18-mukhi rudraksha bead at an exhibition organised by the Nagpur-based Rudra Centre in Hyderabad. The ten-day exhibition was inaugurated on Friday. ... More

Hyderabad engagement

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