Financial Daily from THE HINDU group of publications
Friday, August 22, 2003
Markets (Aug. 21)
BL 2501463.37 (+14.70)
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US Dollar (Buy/Sell)45.81/45.94
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Oncologists moot `treatment protocol'
IN an important initiative towards better care for cancer patients, oncologists here have announced plans to come up with a treatment protocol, establish a new cancer research centre here and also moves to leverage the Indian Cooperative Oncology ... More


Opinion divided over noose for fake drug manufacturers
IT'S no longer black or white on the issue of death penalty for spurious drug manufacturers, with shades of grey emerging in terms of apprehensions against capital punishment being one of the deterrents. Even while the Union Health Minister, Ms ... More


T&D losses slowing down Karnataka power reforms
The inability to cut back losses is expected to push demand for subsidies from the State Government over and above what has already been budgeted. More


  • Plea to uplift SSIs


    Concern over pollution of Kerala water bodies
    THE State Fisheries Minister, Prof K.V. Thomas, inaugurated the three-day international symposium on freshwater prawns organised here by the College of Fisheries, Panangad. In his inaugural address, the Minister cautioned that the water bodies ... More


  • Kerala HC fiat on medical college


    Electrical industry brightens up in Q1
    THE domestic electrical industry has perked up during the first quarter of 2002-03 recording a 9 per cent growth. Though power transformers showed negative growth of 11 per cent, the order book available with the Indian Electrical & ... More


    Colas meet Indian norms: Govt
    9 out of 12 brands fall short of EU standards

    IT was once again a day for the cola companies to taste the thunder and the consumer to remain as confused as ever. On whether or not soft drinks in the country contained pesticides, the much-awaited statement from the Government on Thursday ... More

    The majors get back their fizz — Cause for concern: CSE
    THE confusion created by the Union Health Minister, Ms Sushma Swaraj's statement on the pesticide presence in soft drinks was today reflected in the reaction by both the Cola majors and the Centre for Science and Environment (CSE), the ... More

    Bengal not to reveal cola results
    KOLKATA: The West Bengal Government will not divulge the results of the tests conducted on the aerated drinks sold by Coca Cola India and Pepsi India, Mr Manab Mukherjee, State Environment Minister, said on Thursday. Talking to ... More


    Leather garment industry heads to consolidation
    A SHARP shrinkage in the annual production cycle may nudge the fragmented leather garment industry towards a round of consolidation. Typically, garment exporters work on a cycle that begins with order placement in February and ends in November. ... More


    Chamber flays prohibition of second-tier subsidiaries
    The BCCI's analysis was worked out by a core committee drawn from its legal affairs committee; professionals such as Mr Y.H. Malegam, Mr R.A. Shah and Mr. Pradeep Kapadia were also advisers to the committee. More


    Handloom sector needs strategy, says Kerala Minister
    THERE is a need to craft a strategy that will improve the performance of the handloom sector in Kerala, according to Mr P.K. Kunhalikutty, State Minister for Industries and IT. He made these remarks while inaugurating a discussion on `the ... More


    Rare earth minerals export on `free' list
    IN what is seen to be a significant move, the Government has placed export of all rare earth minerals, including radioactive thorium and uranium-bearing monazite, on the `free' list. The Commerce Ministry has removed "rare earths, ores, ... More


    MFs to devise schemes to lure PF monies
    THE Labour Ministry's notification regarding the revised investment pattern for PFs is set to transform the way gilt funds are marketed in India. Mutual funds are already using it to re-introduce their schemes to PF managers, with the hope of ... More

    Maruti, ONGC, SAIL among PF defaulters
    ONGC Ltd, Steel Authority of India Ltd (SAIL), Bharat Heavy Electricals Ltd (BHEL), Maruti Udyog Ltd, HMT Ltd, Bharat Petroleum Corporation Ltd (BPCL) and Richardson & Cruddas are some of the big names among the Indian corporates that have ... More


    DHL Worldwide among 19 FDI plans approved
    DHL Worldwide's proposal to increase foreign holding in DHL Worldwide Express India from the present 51.85 per cent to 97.41 per cent involving foreign direct investment (FDI) worth Rs 105 crore was among the 19 FDI proposals cleared by the ... More


    Lanka PM to visit Swaminathan Foundation
    A SRI Lankan expert delegation has suggested to its Government to enter into a memorandum of understanding with the MS Swaminathan Research Foundation on various aspects relating to sustainable technologies in rural development, according to Dr ... More


    Ministerial panel for review of Plantation Labour Act provisions
    "In the event of the State providing the welfare amenities to plantation estates, as are ordinarily available to citizens of the country, the relevant provisions in Plantation Labour Act, might be reviewed," IMC observed. More


    `Paradigm shift vital in land reform policy'
    THE Planning Commission Member, Mr Som Pal, sought a paradigm shift in the land reforms policy, as no surplus land in large extent was available in the country at present. Land holdings in the country were becoming smaller and smaller making ... More

  • Hyderabad Engagements


    ITA sees output up a tad; exports, imports projected to dip
    THE Indian Tea Association (ITA), in its status paper for 2003, has forecast nominal growth in domestic tea production and consumption but a substantial fall in exports and imports. According to the report, published on Thursday, production is ... More

    RBI raises limit on import remittances
    THE Reserve Bank of India has enhanced the limit of import remittances permissible without documentary evidence from $25,000 to $100,000. Authorised dealers making import remittance need ensure that the importer submits the documentary evidence ... More

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    Top Stories
    To derive cost advantages — Bosch relocates products to MICO

    Rare earth minerals export on `free' list

    Opinion divided over noose for fake drug manufacturers

    Commercial segment pushes PC sales up 11.8%

    Electrical industry brightens up in Q1

    MFs to devise schemes to lure PF monies

    ITA sees output up a tad; exports, imports projected to dip

    Welcome proposal on short sales, stock lending

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

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

    Looking back
    Aug. 10-Aug. 16
    HPCL sell-off likely to be over by Nov

    To counter dip in collections — Excise audit for EOUs made mandatory

    Good monsoon lifts India Inc's spirits — FICCI business confidence index increases by 12.6 pc

    No health hazards, say mobile makers

    Row erupts over incentive schemes for pay channels

    Rising oil prices hurt fertiliser, power units

    Industry posts 5.3 pc growth in first quarter

    `GDP could double to $1 trillion by 2010'

    Tax clinics to assist SSIs on legal issues

    Colas have hard fight to regain fizz

    Exporters shifting to euro invoicing

    `Star in talks to expand business'

    Happy drive for cars in July

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