The Hindu Business Line : Wednesday, August 27, 2003

Karnataka sets model in cloud seeding
As Project Varuna gets under way here, every day for the next three months starting Monday, weathermen and pilots will chase some clouds, line them with silver iodide and entreat them to open up. The business and science of weather ... More

Medical realism
A view of the circle rainbow that appeared over Bangalore on Tuesday. Scientists attribute the phenomenon to very low atmospheric humidity.

PENSION PLANS

State Govt employees' body opposes new pension plan
THE All India State Government Employees' Federation has opposed the decision of the Union Cabinet on the new pension scheme for Government employees. "This pernicious scheme will gravely harm and force the Government employees to drastically ... More

COURTS/LEGAL ISSUES

Kerala HC rules out monopoly for headload workers
THE Kerala High Court has ruled that the headload workers are not entitled to continuous employment under an employer, where the scheme under the Kerala Headload Workers Act had been made applicable, and that the District Labour Officer could not ... More

Plea on welfare fund

FOREIGN TRADE

India remains less open to trade, says IMF
India remains closed in comparison to other Asian economies. This reflects more restrictive and capital account regimes, despite substantial liberalisation in recent years, IMF said. More

`Procedure to set up representative office in China simple'
MS YINGXI FU-TOMLINSON, Managing Partner (Shanghai Office), Kaye Scholer LPP, on Tuesday elaborated on the various factors that can assist Indian businessmen in setting up their bases in China. At a seminar on `Doing business with China' ... More

HEALTH

Concern over hospital deaths

HOTELS

Hotel Basera expansion move

POWER

Power tariff hike ruled out in Kerala

TAXATION

PM suggests tax holiday for creating sports infrastructure
THE Prime Minister, Mr Atal Bihari Vajpayee, on Tuesday asked the Finance Ministry to consider the suggestion of granting 100 per cent tax benefits to business houses for creation and maintenance of sports infrastructure, sponsoring sports ... More

TEXTILES

Powerloom council kickstarts work on Palladam hi-tech park
WORK on the formation of the nearly Rs 150-crore Hi-Tech Weaving Park near Palladam in Coimbatore district, initiated by the Powerloom Development & Export Promotion Council (PDEXCIL), has commenced with the seeking of applications for expression ... More

WATER

Bullock age
A bullock cart carrying cement rings for use in wells at Tiruvottriyur in Chennai, where ground water is polluted. People prefer open wells to bore wells because ground water in the area is saline at deeper levels. ... More

HCV/LCV/TRACTORS

Tractor cos to press for cut in interest rates for farmers
EVEN as the domestic tractor industry is struggling to find the road towards positive growth, tractor companies are initiating steps to improve the finance availability for the farmer. In a meeting held under the aegis of the Tractor ... More

REAL ESTATE & CONSTRUCTION

`MNCs favour developers offering built-to-suit campus'
BANGALORE city is seeing a new development in the real estate scenario in the last six to nine months. Developers offering built-to-suit campuses and holding large pieces of land to service the clients' needs in future will survive, says Mr ... More

INDUSTRY ASSOCIATIONS

Company law must be simplified: FICCI
WITH the industry worldwide experiencing transformation, corporate leaders have been compelled to transform their organisations based on `a new business agenda'. Foremost on this agenda is the growing awareness of shareholders' expectations and ... More

BIO-TECH & GENETICS

Kerala signs MoU for biotech venture
THE State Government's Industries Department and the Bangalore-based Avestha Gengraine Technologies Pvt Ltd (AGTPL) today signed a memorandum of understanding (MoU) for the establishment of a company that will work towards leveraging Kerala's ... More

DISINVESTMENT

Nitish Kumar rules out Railway PSUs sell-off
THE Railways Minister, Mr Nitish Kumar, has ruled out disinvestment of companies such as RITES, IRCON and CONCOR that are under his Ministry. "As of now, the Government has decided to keep Railway public sector undertakings (PSUs) out of the ... More

Stage set for competitive price for AP stake in VST
AS the formal bidding date for the 4.69 per cent stake of the Andhra Pradesh Government in VST Ltd draws near, the stage is set for a competitive price for the company's share. According to sources, the serious intending bidders are looking at ... More

WTO

`Revised Cancun draft needs improvement'
THE Federation of Indian Chambers of Commerce and Industry (FICCI) on Tuesday expressed dissatisfaction with the revised Cancun Ministerial draft, stating that the draft failed to effectively address several areas and issues of particular concern ... More

HUMAN RESOURCES

SISI, Hero Honda tie up to train youth
THE Small Industries Service Institute (SISI) here has tied up with Hero Honda to offer training programmes in maintenance and repair to unemployed youth and those who have completed ITI courses in the State. The objective is to equip these ... More

EVENTS

Conference on wastewater treatment
THE Kerala Industries Minister, Mr P. K. Kunhalikkutty, will inaugurate a two-day national conference on Biological Treatment of Waste Water and Waste Air (BTWWA 2003) on Thursday at the Regional Research Laboratory-Thiruvananthapuram (RRL-T) ... More

Seminar on herbal industry

EXPORTS & IMPORTS

New nominees in inter-ministerial committee
THE Union Ministry of Environment and the Department of Chemicals and Petrochemicals are to be represented in the High Level Inter-Ministerial Committee (HLIMC) set up by the Finance Ministry to resolve inter-agency issues and ensure a steady ... More

STANDARDS & BENCHMARKS

Assurance on PFA Act

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