The Hindu Business Line : Tuesday, October 14, 2003

Probe into Narepalli accident
HYDERABAD: A High Level Technical Committee has been constituted by the Andhra Pradesh Transmission Corporation (APTransco) and the Central Power Distribution Company Limited (APCPDCL) to enquire into the electrical accident at Narepalli ... More

COURTS/LEGAL ISSUES

Total legal solutions
KOCHI: Thejus Legal Services Pvt Ltd, probably the first registered company in the legal service sector to provide total assistance in all legal and related matters, has come into existence at Thrissur. The main objectives of the company ... More

FOREIGN TRADE

`FTA with Thailand not to hit domestic industry'
THE Indian industry's apprehensions on the recent free trade pact New Delhi concluded with Thailand are based on misperceptions about the tariff reductions as the 84 items identified for early harvest scheme (EHS) are staggered in three phases ... More

Indo-British trade may touch 10-b pounds by 2007
Lord Paul, Chairman of the Caparo group of companies, referred to "the relationship between India and the UK, which spans many facets of life, including politics, business and the arts" . More

FICCI signs MoU with Austrian chamber
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding (MoU) with the Austrian Federal Economic Chamber (WKOe) to promote, improve and develop economic relations and investment between the two ... More

Saudi invites Indian investments
SAUDI Arabia has invited the Indian industry to take advantage of the enormous business opportunities that the Kingdom has to offer. The offer was extended by the Chairman of the Council of Saudi Chambers of Commerce and Industry, Mr Abdul Rahman ... More

14-member CII team in Italy
A 14-MEMBER delegation of the Confederation of Indian Industry (CII) is on a five-day visit to Italy to reinforce Indo-Italian business relations ahead of the proposed visit of the Italian Prime Minister, Mr Silvio Berlusconi, to India. In a ... More

PETROLEUM

Drop in demand for diesel `locational', says study
A RECENT study by the Petroleum Ministry on the drop in demand for diesel in the country over the last two years has shown that the slide is `locational' and not `sector-specific', according to official sources. States such as Tamil Nadu, ... More

POWER

GE, Bechtel make new offer to restart Dabhol — Indian lenders react with caution
GE and Bechtel have made an offer to restart phase-I of the $3-billion Dabhol Power plant and complete its phase-II work. In a proposal sent to the Indian financial institutions (IFIs) led by IDBI, the two companies have said that their ... More

KPTCL finalising project details to fine-tune T&D
THE Karnataka Power Transmission Corporation Ltd (KPTCL) will be finalising project details for improving efficiency of transmission and distribution under the Centrally-aided Accelerated Power Distribution Reforms Programme (APDRP) in nine ... More

TAXATION

Seminar on service tax in Kochi
KOCHI: The Kochi-based Promart Solutions, a management consultancy service is organising a one-day seminar on Service Tax Management here on October 22. The presentations in the seminar covers all relevant aspects of service tax, methods ... More

TEXTILES

Awareness seminars on technical textiles planned
THE expert committee on technical textiles formed by the Ministry of Textiles (MoT) under the chairmanship of the textile commissioner has sought to hold awareness seminars across major textile centres in the country between this month and ... More

Sops sought to check dip in textile exports
WITH the distinct deceleration in the export of textiles and clothing during the first two months of the current fiscal, various export promotion council chairmen and chief executives in their review meeting with the Ministry of Textiles voiced ... More

RADIO/TV

Zee biz channel runs into rough weather
THE launch of Zee Business channel seems to have hit a roadblock with the Information and Broadcasting (I&B) Ministry rejecting Zee Telefilms' proposal of using an uplinking approval received earlier for a regional channel for this ... More

EDUCATION

Engg college wins ISTE trophy
HYDERABAD: JNTU College of Engineering, Hyderabad has won the Kongu Engineering College trophy of the Indian Society of Technical Education (ISTE). The award was presented to Prof. Lal Kishore, Principal of the College at the valedictory ... More

REAL ESTATE & CONSTRUCTION

Realtors seek 100 pc FDI
THE Confederation of Real Estate Developers' Associations of India (Credai), an umbrella body of various builders' associations, has asked the Government to allow 100 per cent foreign direct investment (FDI) in the real estate sector subject to a ... More

DISINVESTMENT

Govt seeks review of SC ruling on oil cos sell-off
THE Union Government today submitted before the Supreme Court that the judgment on privatisation of Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) required `serious reconsideration' as it had wide implications on ... More

MPs against divestment in IOC
A SECTION of MPs on Monday opposed the privatisation of public sector oil companies stating that the recent Supreme Court verdict on HPCL and BPCL, directing the Government to seek Parliamentary approval for sale of the companies, should not be ... More

SMALL SAVINGS

ABN Amro working with exempted PFs
ABN Amro Bank has begun working with some of the exempted category provident funds to help them improve the accounting and settlement processes to eventually help them realise better investment returns. ABN Amro's country head for Custodial ... More

RURAL DEVELOPMENT

`Indian move to stop taking aids from tiny nations one-sided'
THE Netherlands on Monday felt that the Indian Government's decision to stop taking aid from "small countries" is a setback to the social aid activities. "The world is getting smaller and smaller. Support to international social issues is ... More

HUMAN RESOURCES

`Employees are a vital resource'
TERMING employees of an organisation as the key differentiating resource in the emerging business scenario, Ms Vidula Khaitan, Director of Vidula Consultancy Services Ltd, a B.K. Birla group company, said organisations were looking at improving ... More

EVENTS

Nine Indian cos to take part in Italy machine tool fair
THE Indian Machine Tool Manufacturers' Association (IMTMA) along with UNIDO and the Union Ministry of Small-Scale Industries is sponsoring a joint participation of nine major machine tool manufacturers to the world's largest eight-day machine ... More

Workshop on `benchmarking'
MANGALORE: Dr R.V. Jayathirtha of Bullseye Consulting, Bangalore, will address delegates at a workshop on `benchmarking' in Mangalore on Tuesday. The workshop is jointly organised by the Karnataka Council for Technological Upgradation, ... More

EXPORTS & IMPORTS

Restore Section-35B for I-T relief: FIEO
FIEO has sought constitution of a grievances committee pertaining to direct taxes along the lines of the Public Grievances Committee on Indirect Taxes. More

NATURAL CALAMITIES

Relief works to be expedited — Eleven more regions declared drought-hit in AP
THE Andhra Pradesh Government has today declared 11 more mandals as drought-hit (total now is 316) while deciding to step up efforts for relief measures with an expected deployment of Rs 198.60 crore. Briefing newspersons after the State ... More

TOURISM

IBP ties-up with Kerala, AP to boost tourism
IBP Co Ltd, an Indian Oil group company, has announced initiatives that are aimed at promoting tourism in select States. The oil, fuel additives and car care products major has joined hands with the Governments of Andhra Pradesh and Kerala to set ... More

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