The Hindu Business Line : Sunday, September 28, 2003

INSURANCE CORNER
SBI Life Sudarshan
SUDARSHAN from SBI Life is an endowment plan that comes in two flavours: One has a fixed sum assured throughout the policy duration, and in the other it is raised by 5 per cent every year to offset the effects of ... More

Question `N' Auto
I am looking for a petrol engine car that is sturdy, has good road clearance, large boot space, capable of comfortably seating five passengers, well suited for Indian roads and within the price bracket of Rs 4 lakh plus? Will the Tata ... More

OUTSOURCING

India key BPO destination for auto firms, says study
India is clearly the destination of choice for business processing services across all industries. More

FOREIGN TRADE

Australia's services sector scores in exports to India
THE services sector's contribution of Australia's exports to India is growing at a good pace, far more than that of physical goods, according to the Minister Commercial, Australian High Commission in India, Mr Peter Kane. He told a press ... More

HEALTH

Corporates urged to get involved in TB control plan
EVEN as India was given a pat on its back for the Revised National Tuberculosis (TB) Control Programme (RNTCP), India Inc came in for the stick for not doing enough to support the programme. "The Government has decided to bring the entire ... More

HOTELS

Plea to formulate `single window' licence for hotels
THE Hotel & Restaurant Association of Eastern India (HRAEI) has urged the State governments to formulate a "single window" licence covering every aspect of its functioning as against about 21 taxes and licences which a hotel/restaurant has now to ... More

POWER

`Final Dabhol work plan by Oct 13'
A FINAL proposal on how to restart work on the Dabhol power project is to be worked out and submitted by the Indian lenders to Overseas Private Investment Corporation (OPIC), a lender and insurer to the project by October 13. "By October 13, ... More

TEXTILES

Debt repayment of textile units can exceed 5 yrs
IN a bid to kickstart the implementation of its scheme for restructuring high-cost debt of integrated textile units, the Finance Ministry has come up with a host of clarifications to sort out some of the issues raised by industry on the scheme. A ... More

SSI

`Pvt participation in Defence may open doors for SMEs'
THE Union Minister of State for Defence, Mr Chaman Lal Gupta, on Friday forecast a larger role for the small and medium industry in the production of defence items, as he hoped the opening of the defence sector to the private sector would attract ... More

READYMADE GARMENTS

More gains likely for garment trade in post-quota regime
APPAREL exporters need not fear the quota-less trade regime of 2005 if they can consolidate into large players and capacity-boosting investments in the next 15 months, the Union Textiles Commissioner, Mr Subodh Kumar, said. Currently, he said, ... More

TEXTILE MACHINERY

Textile machinery: Picking up the threads
DRIVEN by the gradually improving demand, the textile machinery industry is finally showing signs of a recovery after an almost-decade-long recession. The removal of quota restrictions on textiles in 2005, which ... More

Stock wrap-up
LMW: Buy
Veejay Lakshmi: Buy More

Corrective action
OVER the years, the Government has taken steps to rectify the anomalies in the duty structure and revitalise the textile sector, indirectly benefiting the textile machinery sector. Duty ... More

`Removal of quotas will have a positive impact on machinery demand'
The past five years have been difficult for the textile machinery industry. Lack of orders and liquidity crisis eroded the net worth of quite a few companies. Veejay Lakshmi Engineering, a Coimbatore-based company with a turnover of just ... More

NEWSPAPERS & PUBLISHING

Publishing industry making it big in foreign markets
THE Indian publishing industry is making greater inroads into foreign markets as well. The industry's exports alone have grown at a phenomenal rate in the last ten years, from Rs 33 crore in 1991-92 to Rs 360 crore in the last financial year. ... More

DISINVESTMENT

Keltron unit sell-off: Govt accepts panel suggestion
THE Kerala Government has accepted the recommendation of the Enterprise Reforms Committee (ERC) for selling majority stake in the Kannur-based Keltron Component Complex Ltd (KCCL) to a strategic partner. The order issued in this regard permits ... More

RURAL DEVELOPMENT

The `Wadi' adventure brings good fortune
"Potla bandhi na, Gujarat javanu che (With a bundle on our heads we used to leave for Gujarat's cities)," said 25-year-old Dhavdu Bhai, an Adivasi farmer based in Nilosi village, Kaprada taluka of Vasad. For years Adivasi men and women in ... More

Go slow, they're at work
IN the tiny villages surrounding the giant power plant erected by Enron, a small people's movement that promises no jackpot jobs but helps lay the foundation for a living is fledgling. In a way the people owe it to the fallen multinational energy ... More

EVENTS

GSPC set to sign MoUs worth Rs 1,800 crore
THE Gujarat State Petroleum Corporation (GSPC) is expected to play a pivotal role during the three-day Global Investors' Summit (GIS) that begins here on Sunday as the State endeavours to declare that it is in for a makeover as a gas-based ... More

TOURISM

Jagmohan to lead tourism team to Bahrain
IN an attempt to attract more tourists from the Gulf region, the Minister for Tourism and Culture, Mr Jagmohan, is leading a high-powered delegation to Bahrain in December this year. "The delegation is to include the Chief Minister of Jammu and ... More

`Make tourism a mass movement'
THE PHD Chamber of Commerce and Industry (PHDCCI) has suggested the adoption of a five-point strategy which includes greater private-public sector partnership in marketing and infrastructure development, theme-based tourism promotion and ... More

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