Financial Daily from THE HINDU group of publications
Thursday, August 28, 2003
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Financial Daily from THE HINDU group of publications Thursday, August 28, 2003 |
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INDUSTRY & ECONOMY PENSION PLANS Kerala HMS flays cut in pension fund THE Hind Mazdoor Sangh (HMS) has decried the Government move to deduct 10 per cent of the salary of Government employees for pension benefits. The HMS National Secretary, Mr Thampan Thomas, told reporters that various courts had pronounced ... More CONSUMER ELECTRONICS 
India emerging R&D hub for durables MNCsFor often is the remark, `the product has been developed at our research & development (R&D) facility in India.' But what are the factors that are motivating these companies to set up such facilities here? "The Indian market is quite peculiar ... More ECONOMY 
Triggered by farm rebound, industrial upturn — GDP growth may top 6 pc: RBITHE real GDP growth for the year 2003-04 is expected to "significantly exceed" the earlier projection of 6.0 per cent made in the April credit policy, said the Reserve Bank of India in its Annual Report for the year 2002-03. "As per the latest ... More
Indian economy becoming weather-proof: RBI report HEALTH PETROLEUM Oil stocks remain market pick OIL sector stocks, led by ONGC, Bongaigaon, HPCL and BPCL, remained market favourites amidst sustained investment based buying on the bourses on Wednesday. Brokers said with most of the oil companies looking at expansion and integration, the ... More POWER PM to lay stone for power project in M.P. THE Prime Minister, Mr A.B. Vajpayeee, will lay the foundation stone for the 520 MW Omkareshwar project in Madhya Pradesh on August 30. A multi-purpose project on the Narmada will have an installed capacity of 520 MW — comprising eight ... More
Gujarat floats Rs 1,629-cr `Power Bonds'
TELK bags order for sub-station STEEL Steel output estimated to rise by 7 pc NEW DELHI: The total production of finished steel in April-July 2003 is provisionally estimated to be 112.75 lakh tonnes as against 105.26 lakh tonnes during the corresponding period last year, showing an increase of 7.1 per cent, ... More TAXATION Net direct tax collections down 2.8% THE country's net direct taxes collections have declined by 2.83 per cent during April 1-August 19, to touch Rs 13,700 crore as against Rs 14,100 crore in the same period last year. Gross direct taxes collections during this period has however ... More
`Take up revenue reforms seriously' SSI Workshop on SMEs HYDERABAD: APITCO, in collaboration with the Industrial Development Bank of India (IDBI), is organising a workshop to discuss the strengths available with the Technical Consultancy Organisation (TCOs) in the development of small and medium ... More TRAVEL & PLACES 
Union Ministers visit passport officeAS part of the plan to streamline the ground level activities at the regional passport offices (RPOs) across the country, Mr Vinod Khanna, Minister of State for External Affairs, today visited the RPO for Andhra Pradesh. The mission was ... More WATER Govt likely to bring drinking water under `food' definition THE turbulence over pesticide presence in water is far from receding, with the Government likely to come out with an ordinance to bring drinking water under the food category of the Prevention of Food Adulteration (PFA) Act. "Until now ... More
Maharashtra to get IBRD credit for rural water supply BREWERIES Monsoon showers dampen beer offtake THE monsoon bounty has sent the brewing industry reeling in the last 60 days. After 12 per cent annual growth in the last two years and notwithstanding a buoyant economic outlook, beer sales have crashed across India starting July, resulting in a ... More RADIO/TV CAS rollout in 3 metros may run into rough weather THE Government's plans of implementing Conditional Access System (CAS) in the three metros of Mumbai, Chennai and Kolkata may run into rough weather with both the Shiv Sena and the Left-ruled West Bengal Government opposing it. While CAS has been ... More
EDUCATION School kids to be taught `5S' mantra CATCHING them young, the Confederation of Indian Industry (CII) has decided to expose the school children with the Japanese mantra of `5S' - Seiri (sorting out), Seiton (systematic arrangement), Seiso (spic and span), Seiketsu ... More
Zee plans foray into pre-school education WASHING MACHINES Erosion in price washes sheen off washing machines WITH the average pricing of a washing machine on the decline every year, the first half of 2003 did not bring much reason for cheer to the consumer durables industry. According to ORG data, the washing machines industry grew by a marginal 0.9 ... More FOODS & FOOD PROCESSING Certification for eateries in offing IMAGINE being able to have a meal at a wayside dhaba without having to worry about the `safety' and quality of the food and drink served there. For people living in Kerala and visitors to the State, this may soon be possible once a scheme ... More INDUSTRY ASSOCIATIONS CII in talks with ADB, USAID for energy service co THE Confederation of Indian Industry (CII) is in talks with multilateral lending institutions Asian Development Bank and USAID, as well as ICICI Bank for setting up Energy Services Companies (ESCOs). The ESCOs would fund energy conservations ... More
CII meet on Six Sigma TEXTILE MACHINERY More textile machineries under TUFS THE technical advisory-cum-monitoring committee (TAMC) of the technology upgradation fund scheme (TUFS) in its meeting held early this month has suggested widening the list of textile machineries permissible under the TUFS funding. Among the ... More RURAL DEVELOPMENT Time rural credit got better attention "A KEY challenge will be the financing of rural infrastructure," admits the RBI annual report and argues for "new approaches." The current scenario is decidedly poor. Only about 40 per cent of the net cultivated area is irrigated; technology ... More EVENTS `Vivaha' fair gets fair corporate involvement WITH the wedding season round the corner, related businesses are getting their act together now. Publishing company Vivaha recently organised a three-day exposition concentrating on the significance of corporate involvement in the business of ... More
Car rally to drive ties with China
INCOME TAX 6 intermediaries appointed for e-filing of tax returns THE Central Board of Direct Taxes has appointed six banks, which would function as authorised intermediaries for the e-return scheme devised by the Income-Tax Department. The scheme is optional and will be available in the current year itself ... More EXPORTS & IMPORTS Exporters told to face global challenges THE exporting community must equip itself to face the challenges posed by the international trading order rather than complain about the non-tariff barriers erected by the developed world or rigid labour laws within the country, according to Mr ... More TOURISM EIH chief moots separate `India Promotion Fund' POINTING out that more efforts have to be made to market India as a tourist destination, Mr P.R.S.Oberoi, Chairman of EIH Ltd, a member of the Oberoi Group, has suggested introduction of a three per cent levy on room charges, now that the 10 per ... More ECONOMIC OFFENCES GCPL files writ on counterfeit hair dye manufacturers GODREJ Consumer Products Ltd (GCPL) said it has registered a case under the Copyright Act against the manufacturer of counterfeit Godrej powder hair dye in Ghaziabad. ``It was found that counterfeit products of Godrej Hair Dye were available ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Cola Controversy 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 Aug. 17-Aug. 23 Pharma industry growth the unsung story, says Jaitley Petro product pricing dispute unresolved Chandrayaan to herald ISRO's planetary pursuits Plan panel charts large-scale bio-fuel production plan `Further cut in infrastructure finance cost vital for growth' Govt unveils credit package for small sector — Rates on SFC loans lowered; interest deferral for SIDBI Micro-credit: Postal dept, banks in talks Cow slaughter ban feared to bring down leather exports by $700 m 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 Opinion divided over noose for fake drug manufacturers Rare earth minerals export on `free' list Bangla buys sugar from UP, Haryana mills Indian publishing industry on a global trail |
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