Financial Daily from THE HINDU group of publications
Wednesday, September 10, 2003
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INDUSTRY & ECONOMY

ENVIRONMENT


`Chemical process better bet to treat sewage'
Conventional biological treatment techniques have been found to be suitable for continuous operations with constant sewage load. In pilgrim centres sewage generation is seasonal. More

FOREIGN TRADE


Bengal, Singapore chambers ink pact to boost trade ties
THE Bengal Chamber of Commerce & Industry (BCCI) and the Singapore Indian Chamber of Commerce (SICC) today signed a memorandum of understanding to promote trade, economic, scientific and technical co-operation between the two countries. As per ... More

HEALTH


Turnkey telemedicine solutions from Apollo
APOLLO Telemedicine Networking Foundation, a non-profit body of the Apollo Hospitals group, and Apollo HealthStreet Ltd, its IT services wing, have together rolled out a new initiative that seeks to offer turnkey solutions to create telemedicine ... More

Fair to showcase Bengal healthcare facilities
THE Bengal Chamber of Commerce & Industry (BCCI), in an attempt to spread the message that West Bengal is now a big market for pharmaceutical products besides being a gateway to other markets in the region, will be hosting for the first time in ... More

HOTELS


Chennai five-star hotels hike room tariff 8-10 pc
SOME five-star hotels in Chennai have hiked their room tariff by 8 to 10 per cent from September 1, and the others plan to follow suit in October, according to hotel industry sources. The tariff, now, is around Rs 6,000 per room night. A ... More

PHARMACEUTICALS


Human insulin prices seen bottoming out
HUMAN insulin prices may have stabilised for the moment after a big drop early this year ahead of an increase in competition. In January, Eli Lilly brought down the prices by 33 per cent to Rs 145 for a 10-ml vial. Another manufacturer, Novo ... More

STEEL


Steel re-rollers' body urges RINL to cut rates
A few years ago these mills were all either ingot-based or scrap-based and the RINL authorities had advised them to convert the mills into billet-based ones and each mill had invested nearly Rs 2-4 crore for the purpose. More

TAXATION


Liquor, scrap tax at source slashed to one per cent
THE Government has substantially diluted the provisions made in the 2003-04 Budget relating to collection of tax at source from buyers of Indian Made Foreign Liquor (IMFL) and scrap. Sellers of both IMFL and non-IMFL (i.e. country liquor) ... More

TEXTILES


New revival scheme for textile units
IN an attempt to revitalise the potentially viable textile units that are tending towards sickness, the Government on Tuesday announced a scheme that would permit banks and financial institutions to lend at 8-9 per cent per annum on their ... More

WATER


Conference on water management to be held in Delhi
THE fifth Water Asia exhibition and conference focusing on water and waste management will open in the Capital on Wednesday. The event will be inaugurated by the Delhi Chief Minister, Ms Shiela Dikshit. The conference is being supported by ... More

RADIO/TV


Avoid conflict on CAS: Minister
THE implementation of the conditional access system (CAS) should not become a subject of hostility between the Centre and the State, according to the Information and Broadcasting Minister, Mr Ravi Shankar Prasad. While the Minister declined to ... More

EDUCATION


Bangalore school attracting foreign students
AT a time when the craze for foreign education impels parents to send their children abroad, it is a surprise that a school on the outskirts of Bangalore is becoming a sought after alma mater for foreign students. It is one of the many ... More

REAL ESTATE & CONSTRUCTION


Certification launched for real estate brokers
IN a bid to professionalise real estate selling, the National Real Estate Development Council (Naredco) has launched a certification programme for brokers. The scheme has been developed in association with Housing and Urban Development ... More

READYMADE GARMENTS


Karnataka Govt may shift site for apparel park
THE proposed apparel park venture, slated to come up near Doddaballapur in Karnataka, has received a jolt with the Karnataka Industrial Area Development Board (KIADB) proposing an alternative site at Jigani industrial area for the park, ... More

SCIENCE & TECHNOLOGY


`Robotisation is gaining importance'
ON the second day of ASIMO's (Advanced Step in Innovative Mobility), the world's most advanced humanoid robot, month long visit to India, a one-day seminar on `Robotics', to discuss the current developments and the future of robotics in India was ... More

FOREIGN DIRECT INVESTMENT


`More FDI relaxations on the anvil'
THE Government is working towards further relaxations in the eligibility as well as end-use criteria for foreign direct investments (FDI) in different sectors of the economy, Mr U.K. Sinha, Joint Secretary (Capital Markets and Pensions) in the ... More

IPR


Glaxo files suit against Dr Reddy's for patent breach
THE global pharmaceutical giant GlaxoSmithKline, has filed a lawsuit against Dr Reddy's Laboratories Ltd, the Hyderabad-based pharma major, in the US Courts alleging infringement of its patents pertaining to Rosiglitazone Maleate, a type-2 ... More

EVENTS


Hyderabad to host Stone India 2004
HITEX, the venue for international exhibitions and fairs, would be expanded to create additional space for exhibits, house a convention centre and a star hotel, the Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, said here on ... More

  • Hyderabad engagements

    INCOME TAX


    Interest on tax refunds cut to 6 pc
    CORPORATES and high net worth individuals may no longer find it attractive to park their surplus funds with the taxman, with the Finance Ministry slashing the interest rate on refunds to 6 per cent per annum from the existing 8 per cent. In ... More

    ECONOMIC OFFENCES


    Naidu seeks probe into multi-crore stamp scam
    THE Andhra Pradesh Chief Minister, Mr N.Chandrababu Naidu, has said that he would write to the Union Deputy Prime Minister, Mr L.K. Advani, to institute a CBI inquiry into the multi-crore stamp scam involving several States, and where a former ... More
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    Krebs Bio plans foray into food, agro-based business

    Turnkey telemedicine solutions from Apollo

    Rail tickets now only a call away

    Flood of payouts from fund houses likely this month

    SBI to be Basel-II compliant: Purwar

    Business as usual for flights to US on 9/11 anniversary

    In Focus
    Cola Controversy
    The Cable tangle
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Aug. 31-Sep. 6
    SBI staff asked to keep tab on transactions of `terrorist groups'

    Consumer durables see festival support

    Portfolio management schemes — the in-thing

    Exports in July rise 5.75 per cent

    `Auto component sector must move up value chain'

    Rebound in global FDI likely in 2004, says Unctad report

    CBDT okays new investment pattern for PFs

    Dave for phasing out PPF scheme

    SC reserves order on BPCL, HPCL disinvestment

    `Indians have the highest job rates among Asians in UK'


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