The Hindu Business Line : Saturday, October 18, 2003

MET SIGNS
Kerala: Weak monsoon signs off with a flourish
THE South-West monsoon, since termed deficient for a second consecutive season (June-September) with a negative 32 per cent in the State, chose to sign off with a flourish during the fortnight up to October 15, when it withdrew from the entire ... More

ANTI-DUMPING

Dumping duty likely on Chinese silk fabric imports
AFTER yarn, it may be the turn of Chinese silk fabric imports to face anti-dumping action. Chinese silk fabric is being dumped in the country at around Rs 65 per metre ($1-1.5), way below the price at which Indian silks sell at Rs 150-200 a ... More

FOREIGN TRADE

Nathula Pass re-opening to boost Bengal, Sikkim trade
West Bengal is now strategically well placed as Gateway to the East to derive full benefits from the new trade protocol with Thailand and the proposed re-opening of Nathula Pass trade route. More

Africa keen on joint initiatives in IT, biotech, pharma sectors
NEARLY a decade after getting liberation from the apartheid regime, South Africa on Friday sought to "closely look into the Indian experience" in the fields of science and technology and knowledge-based economy and appealed to India to train its ... More

HEALTH

Bharat Bio launches recombinant streptokinase
BHARAT Biotech International Ltd (BBIL), the city-based bio pharmaceutical company, has announced the launch of recombinant streptokinase, the first line therapy for myocardial infarction (heart attack), making it the country's first and world's ... More

INFRASTRUCTURE

Thai co takes up pipe-laying job for Kolkata civic body
WIIK & Hoeglund Public Co. Ltd, Thailand, a subsidiary of KWH Pipes of Finland, counted among the global players in HDPE pipes, has signed a new $3.78-million contract with the Kolkata Municipal Corporation (KMC) for a dedicated 5.5-km long ... More

PETROLEUM

NCR in talks with oil PSUs for automating retail outlets
THE US-based $5.58-billion IT major NCR Corporation is in talks with Indian public sector oil companies for automating their retail outlets. NCR is in discussions with Indian Oil Corporation, IBP, Bharat Petroleum and Hindustan Petroleum for ... More

PHARMACEUTICALS

India a `rich' market for clinical trials?
Pharma industry analysts say that the present trend reflects global CRO majors joining forces with the Indian CROs for undertaking a range of clinical trials. More

POWER

`SERC must monitor entire power sector'
THE State Electricity Regulatory Commission (SERC) should function as a regulatory body for the overall working of the power sector instead of merely looking into the question of tariff revision, according to Public Affairs Forum, a ... More

TAXATION

India, Sudan draft pact okayed to avoid double taxation
THE Union Cabinet has approved the draft agreement between India and Sudan for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. The agreement will apply to tax on income on behalf of two States and ... More

TEXTILES

Textile Ministry forms panel to implement debt recast package
According to a communication from the Ministry, the committee would monitor the progress of the debt reconstruction package implementation and also study the issues that may be brought before it periodically. More

SSI

SIEMA seeks TN Govt backing for engineering cluster
THE Southern India Engineering Manufacturers' Association (SIEMA) has sought the backing of the Tamil Nadu Government for the development of a cluster approach to benefit the general engineering industry in Coimbatore for which the Centre ... More

Kerala to focus on cluster development
THE State Industries Department has proposed to set up clusters in different sectors to bring entrepreneurs engaged in manufacturing similar products and belonging to the same locality together to provide them common facilities. Addressing a ... More

COAL

10 miners dead in Singareni mishap — CM announces Rs 6-lakh ex-gratia
IN yet another mine accident in the state-owned Singareni Collieries Company Ltd, 10 miners are feared dead and two others injured following a mine collapse in GDK 8A in the wee hours of Friday, about 230 km from here. Today's tragic incident ... More

RADIO/TV

FIPB clears Star News' investment proposal
STAR News seems to be closer to getting its final permission to uplink from India. The Foreign Investment Promotion Board (FIPB) is understood to have cleared the application filed by Star News Broadcasting Ltd (SNBL) seeking clearance for ... More

EDUCATION

Royal Sundaram launches Education Shield
ROYAL Sundaram Alliance Insurance Company has introduced Education Shield, a comprehensive insurance package for educational institutions, to cover physical assets as well as the welfare of students, staff members and the public. The product ... More

MBA in Tech Management
HYDERABAD: Technology Management is not just Research and Development (R&D) function to be undertaken by technologists and scientists, but covers areas like production, marketing, finance, human resources management as well. Stating ... More

ELECTRICAL GOODS

`Energy-efficient lighting essential to save power'
A RESEARCH centre should be set up to study the appropriate technology to be adopted for replacing old technology electric lamps with energy-efficient light sources to save at least 5,000 MW of power in the country. A concerted effort should be ... More

FOODS & FOOD PROCESSING

`Quality of processed foods has to improve in Kerala'
IN order to capture the booming global processed foods market, Kerala has to concentrate on better quality and standards, a study conducted by the Confederation of Indian Industry, Kerala, has suggested. The report prepared by CII on enhancing ... More

SCIENCE & TECHNOLOGY

PSLV places Resourcesat-1 in orbit successfully
THE PSLV-C5 (Polar Satellite Launch Vehicle) that lifted off from the Satish Dhawan Space Centre here today placed in orbit Resourcesat-1, the Indian Remote Sensing Satellite (IRS-P6). A sombre, overcast sky and continuous drizzle formed the ... More

Space plan to focus on instrumentation capability
INDIA'S space programme will focus on enhancing instrumentation capability. Its immediate goals include the launch of the GSLV Mark III next year and launch of an unmanned vehicle, Chandrayaan-1, to the moon, according to Mr G. Madhavan Nair, ... More

MINING & QUARRYING

Australian team to take part in mining meet
A SIX-MEMBER mining delegation, sponsored by the Western Australian State Department of Industry & Resources, Perth is scheduled to visit India from November 1-8, primarily to participate at the 13th World Mining Congress & Exhibition (WMCE 2003) ... More

DISINVESTMENT

SCI may attract aggressive bids
WITH good working results and the upturn in the shipping industry, the Government is likely to get a "high price" for its 51 per cent equity in Shipping Corporation of India (SCI), the financial bids for which will be received on ... More

WTO

`Trade becoming free but unfair due to NTBs'
THOUGH there should be free and fair trade for all, international trade is becoming free but unfair in the context of escalating non-tariff barriers (NTBs) being raised by the rich countries against the developing countries, diluting the ... More

RURAL DEVELOPMENT

AP aims for potable water for all villages
OUT of the 70,000 villages in Andhra Pradesh, 45,000 are at present being supplied potable water to the required degree and the rest only partially, but the Government is aiming at full supply to all the villages in a span of two years or so, Mr ... More

EVENTS

`Kerala's food security in peril'
THIRUVANANTHAPURAM: Kerala's food security would be in peril unless the State takes necessary steps to step up farm production, according to experts at a seminar organised here by the Department of Civil Supplies on the occasion of World ... More

Fourth week with the masters
THIRUVANANTHAPURAM: Toonz Animation India is hosting the fourth edition of Week with the Masters, the animation celebration from November 4 to 7 here. Internationally renowned animators Messrs Paul Driessen, Joel Slayton and ... More

Hyderabad engagements

EXPORTS & IMPORTS

Govt hikes edible oils tariff value — `Increase unlikely to affect market'
THE Ministry of Finance has raised the tariff values on various edible oils on Friday morning vide Customs notification 88/2003. For the palm complex, hike in tariff values ranged from a low of $25 a tonne for refined palm oil to a high of $40 a ... More

ALTERNATIVE MEDICINES

Seminar on herbs in Bangalore
BANGALORE: A seminar on business and income opportunities on herbs and medicine plants is being organised here on November 7 and 8. The fast growing industry has thrown up new avenues of business with herbs and medicinal plants ... More

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