Financial Daily from THE HINDU group of publications
Saturday, August 09, 2003
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Kerala climate turning fickle
LATE than normal onsets, decreasing precipitation and other aberrations in monsoon behaviour have combined to lend an air of unpredictability to evolving weather pattern over Kerala, which has witnessed drought-like contingencies on more than one ... More

ECONOMY


NCAER business confidence index rises in July
REFLECTING buoyant business sentiments among corporate and industrial houses, the business confidence index (BCI), being tracked by the National Council of Applied Economic Research (NCAER), has surged 14 percentage points in the latest round ... More

  • `Kerala Govt owes Rs 600 cr to contractors'

    ENVIRONMENT


    Sahara submits project report on Sundarbans
    THE Sahara group has submitted a detailed project report (DPR) for an integrated Rs 540 crore eco-tourism project in the Sundarbans in West Bengal. The project will include barge-mounted floatels, pilgrimage tourism facilities at Gangasagar, ... More

    PLASTICS


    Plastics may soon be biodegradable?
    The good news, however, is still just a silver lining. For, the studies are not yet complete and the generality of the method to other commonly used plastic, namely, polyethylene, has not been explored. More

    POWER


    REC offers to refinance State utilities
    Presently, REC base lending rates start from 8 per cent. Despite the reduced rates, the sources said, REC would still stand to benefit in the form of an enlarged asset base. More

    TAXATION


    `Address service tax issues to avoid confusion'
    PRICEWATERHOUSECOOPERS has called upon industry to address the complex issues raised by the service tax, touted as the tax of the future, while asking the Government to better define the rules and expressions in order to save industry from ... More

    Kerala hopeful of Rs 6,400-cr mop-up in sales tax
    THE Kerala Government has targeted to collect Rs 6,400 crore as sales tax in the current year. The Finance Minister, Mr K. Sankaranarayanan, said at a meeting of deputy tax commissioners here on Friday that tax collection would be intensified ... More

    `New service tax rules have significant implications'
    THE Bangalore zone of Central Excise consists of more than 10,000 service tax payers and has witnessed more than 4,000 new registrations since the scope of the tax was widened to cover 57 additional services, which include business auxiliary ... More

    TECHNOLOGY


    `Industry must convert Defence tech into wealth generators'
    INDIAN industry should latch on to technologies developed at the string of Defence laboratories and space department centres and convert them into wealth generators, both for the industry and the nation, according to Dr V.K. Aatre, Scientific ... More

    SSI


    Small industries' trust to give guarantee cover to SSI loans
    THE Credit Guarantee Fund Trust for Small Industries, set up by the Government of India and SIDBI, has decided to give guarantee cover to SSI loans falling under the Small Scale Service & Business (Industry Related) category. This would include ... More

    WATER


    `Law to protect lakes, water courses must'
    THE Chennai Metropolitan Development Authority needs to frame appropriate legislative measures to protect tanks and prevent encroachments in reservoirs and watercourses, Mr P.D. Dinakaran, Judge, Madras High Court, has said. Over the past few ... More

    EDUCATION


    ICFAI teachers' programme
    ICFAI Institute of Management Teachers (IIMT), which offers a three-year management teachers' programme leading to Ph D degree, organised its second induction ceremony here on Friday. Addressing the new batch of students at IIMT, its Principal, ... More

  • International engg courses

    BEVERAGES


    Cola majors take matter to courts
    STUNG by the pesticide row that has led to tremendous anti-cola sentiments and soft drink sales dipping across the country, Coca-Cola and PepsiCo on Friday moved courts in respective developments. Senior PepsiCo officials maintained that the ... More

    Cola cos must come clean, says CSE
    CSE scientists have asked the Cola companies to come clean "in simple words" on whether or not they contain pesticide. More

    Cola controversy resonates in the US embassy
    IS the soft drink controversy over pesticides in colas having its repercussion back home in the US? Officials from both the US-based companies, Coca Cola and PepsiCo did have a meeting with the US embassy in the Capital, here on Friday, to ... More

    SCIENCE & TECHNOLOGY


    ISRO planning to develop reusable spacecraft
    THE Indian Space Research Organisation (ISRO) has firmed up a design and development programme to launch a reusable spacecraft by 2005, which will propel it into the select group of countries such as the US, Russia and China to possess the ... More

    PACKAGING


    Mandatory jute packaging — Ministry yet to pin down errant cement, fert cos
    THE Union Ministry of Textiles is yet to pin down the errant cement and fertiliser companies, which flouted the mandatory jute packaging orders from 1995 to 1997 despite issuing notices almost a year ago. According to Mr S.R. Majumdar, Jute ... More

    DISINVESTMENT


    FIIs, MFs evince interest in AP stake divestment
    Implementation Secretariat has completed all the formalities of evaluation and dematerialisation of the shares. More

    FOREIGN DIRECT INVESTMENT


    German team apprised of investment areas
    THE Cochin Chamber of Commerce and Industry together with Indo- German Chamber of Commerce and Kerala Industrial Infrastructure Development Corporaton (Kinfra) organised a one-day workshop on "Doing Business with Germany" here on Friday. In ... More

    WTO


    Govt to incorporate unions' views for WTO talks
    AS part of the process of wide-ranging consultations with political parties and trade unions in the run-up to the fifth Ministerial meeting of the WTO in Cancun next month, the Union Commerce and Industry Minister, Mr Arun Jaitley, assured the ... More

    RURAL DEVELOPMENT


    ITC's `Sunera Kal' programme to target 10 m farmers
    "SUNERA KAL", the golden tomorrow, is what ITC Ltd envisages to provide to the targeted 10 million farmers in one lakh villages spread over 15 States in the country. As a part of its endeavour towards this goal, the tobacco major has launched ... More

    TN to extend sops to toy, fishery sectors
    THE Tamil Nadu Government has passed orders to include toy units and a range of fisheries activities such as pearl oyster culture, lobster fattening and prawn farming under the incentive package of the New Anna Marumalarchi Thittam. The New ... More

    EVENTS


    A recipe to go global
    This is not the `50s and `60s and joint ventures can only stifle a company aspiring to go global - and not take it where it wants to grow, says Mr Krishna. More

  • Hyderabad Engagements

    INCOME TAX


    Tax refunds in one month via e-Return mode
    THE Income-Tax Department would make the refund payments to assessees within one month, if the returns are filed through the e-Return mode, the Chief Commissioner of Income Tax, Chennai Circle, Dr K. Gopalan, said here today. e-Return is an ... More

    Ministry rapped for delay in issuing PAN
    THE Public Accounts Committee (PAC) has criticised the Finance Ministry for delay in allotment of permanent account numbers (PAN) and said that the delay has been causing inconvenience to the general public as it is mandatory to cite PAN for even ... More

    EXPORTS & IMPORTS


    Mills mull raw sugar exports to beat surplus — ISMA forms panels to study all aspects
    However, there are a few hitches in the way of initiating raw sugar exports. More

    Tea exports to all major nations dip
    TEA exports to all major destinations from the country except Iran, Australia, Kazakhstan and Canada, took a beating during the first five months of the calendar year. On the other hand, total exports to over 27 destinations during the first ... More

    TOURISM


    States keen on tapping AP tourism scope
    EYEING Andhra Pradesh as a potential source of tourists, a large number of State Governments, and travel operators from all over the country have sent in teams to the three-day Travel and Tourism Fair, which began here today. Besides, ... More

    STANDARDS & BENCHMARKS


    CFTRI offers to test cola samples
    THE services of the analytical laboratory of the Central Food Technological Research Institute (CFTRI) are available for resolving the controversy over pesticide residue allegedly found in branded colas, softdrinks and bottled water, Dr V. ... More
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    Plastics may soon be biodegradable?


    NCAER business confidence index rises in July

    Cola cos must come clean, says CSE

    Tatas, Reliance welcome Tribunal verdict

    Tea exports to all major nations dip

    In Focus
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition

    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Jul. 27-Aug. 2
    ILO guidelines on women's working conditions soon

    Dumping duty on non-brass metal flashlight recommended

    Gulf NRIs promise to invest $10 b in AP

    Q1 steel output goes up 8 pc

    Steel majors hike prices

    Pharma cos upbeat on BPO opportunities: Ranbaxy CEO

    Monsoon dampens marketing at Kumbh

    Curbing volatility in stock prices: Directive to check PSU sell-off leaks

    Eleven labour Acts in for amendment

    New age pvt banks not shy of SMEs


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