The Hindu Business Line : Tuesday, October 21, 2003

Tornadic `waterspout' seen at Kovalam
THE Met Office here has confirmed that the "fearsome spectacle" of a column of seawater rising into the evening sky, reportedly with a glowing crown buffeted in smoke, and spotted 2 km off the Kovalam beach near here on Sunday evening, was indeed ... More

AWARDS & HONOURS

AIMO industrial awards

COURTS/LEGAL ISSUES

Jurists apprehensive of Malimath report
THE recommendations of the Malimath committee on reforming the criminal justice system in the country are perilous and essentially it seems to be an exercise in reassuring foreign investors that the legal system in the country is good enough for ... More

ENVIRONMENT

Urban waste remains a mounting problem
ENVIRONMENTAL pollution caused by waste material is a major health hazard in almost all developing urban settlements in the country. Yet, the socio-cultural and the techno-economic angles of the issue do not receive the required attention at the ... More

FOREIGN TRADE

India, Romania to strengthen ties
INDIA and Romania have agreed to give major thrust to strengthening bilateral trade and investment relations, which at present remain way below the potential that exists between the two countries. Not only is there great scope for increasing ... More

HEALTH

`Indian asbestos cement not a health hazard'
THE Indian asbestos fibre cement is not a health hazard, as asbestos is perceived to be in the US, where the industry is facing flak for asbestos-related health problems. The applications to which the asbestos cement is used in India is also ... More

INFRASTRUCTURE

L&T sets record in stadium construction
LARSEN & Toubro Ltd (L&T) has claimed a new record in speedy construction of a stadium. In just 70 days flat, its construction division built the entire hockey stadium for the Afro-Asian Games scheduled to be kicked off with a glittering, ... More

PHARMACEUTICALS

R&D fund for pharma remains a non-starter
THE domestic pharmaceutical industry is smarting, since a Rs 150-crore fund proposed by the Centre to support the industry's research and development (R&D) initiatives is yet to take off, after three years and as many Budgets having passed since ... More

POWER

Gas supply linkages for Bidadi project still hanging fire
KPCL is expected to require at least 1.4 million tonne of gas for the project assuming a plant load factor of 85 per cent. More

APGenco registers highest PLF
ANDHRA Pradesh Power Generation Corporation Ltd (AP Genco) on Sunday announced that the corporation has registered a record plant load factor (PLF) of about 85.7 per cent, which the corporation maintained was the highest in the country. The ... More

`Affordable power to weaker sections is a viable option'
IT is possible for Kerala to achieve commercial viability in the power sector while simultaneously ensuring that affordable power is available to poor households, according to Mr T.L. Sankar, Advisor-Energy Group, Administrative Staff College of ... More

RUBBER

Sticky situation
Latex being processed at a foam manufacturing unit near Kochi. Non-availability of centrifuged latex and increase in natural rubber price have put about 60 foam manufacturing units under threat of closure. ... More

TEXTILES

`Mills should switch over to technical textiles'
TEXTILE units in south Tamil Nadu should divert to production of `technical textiles' from manufacture of conventional items, as it held immense scope for growth through value addition and potential for increased exports, Mr Sobodh Kumar, Textile ... More

COAL

Coal India H1 production up 3.7 pc
COAL India Ltd (CIL) has registered all-round growth in production, off-take and dispatch to the power sector during the first of half of the current fiscal. Its production touched 134 million tonnes (m.t.) compared to about 129 m.t. during the ... More

EDUCATION

`Business Line Club' launched
THE first `Business Line Club' in Kerala was inaugurated at the Mar Athanasious College for Advanced Studies, Thiruvalla, on October 20. Presiding over the inaugural ceremony, which also marked the commencement of classes for a new batch of ... More

TWO/THREE WHEELERS

New bikes cut down average realisation: ICRA
According to the study, while the average realisation was at Rs 24,698 per bike in FY1998, it increased to Rs 28,555 in FY2001. More

BEVERAGES

Pesticides in soft drinks — Industry may present views to JPC today
THE industry perspective on the alleged pesticide presence in soft drinks and other food products is expected to be heard on Tuesday, when representatives from the three chambers of commerce depose before the Joint Parliamentary Committee (JPC) ... More

READYMADE GARMENTS

Simpler excise norms to include exporters of readymade garments
RESPONDING to suggestions by textile exporters, with regard to exemption from the Central Excise registration for holders of declarant code number, the Central Excise department has now pointed out that the simplified export procedure prescribed ... More

COIR

Coir Board to use natural dyes
THE Coir Board in collaboration with the Department of Textile Technology and Indian Institute of Technology, New Delhi, has developed natural dyes with fast colour penetration for use in the coir products to suit the consumer preferences in the ... More

DISINVESTMENT

Ministry seeks discussion paper on IOC
THE Ministry of Disinvestment (MoD) has written to the Petroleum Ministry, asking the latter to prepare a discussion paper on Indian Oil Corporation (IOC) and its assets. The MoD's note is a follow-up of the recent Cabinet decision to "explore ... More

Deadline for SCI financial bids deferred to Nov
THE Government has deferred the deadline for the submission of financial bids by the three short-listed bidders for the sale of 51 per cent stake in Shipping Corporation of India (SCI). The bids, which were to be put in by October 20 (Monday), ... More

WTO

India, Brazil stress need to resume trade talks in Geneva
IN the face of fissures within the G-21 with important original members such as Colombia, Costa Rica, Peru, Guatemala and Ecuador deserting from the camp under unrelenting pressure from the US, India has been holding intense talks with other ... More

SOCIAL WELFARE

Hyderabad to house YES Academy
THE Education Development Centre, Inc., which is spearheading the YES (Youth Employment Summit), Campaign has decided to locate the YES Academy in Hyderabad. The Academy, formally launched in February last, is aimed at bringing all the ... More

RURAL DEVELOPMENT

Andhra Bank cuts rate for SHGs
ANDHRA Bank has decided to reduce the rate of interest by 50 basis points to 8.5 per cent from the existing level of 9 per cent in its efforts to encourage the Self Help Groups (SHGs) movement across the country, especially in view of the good ... More

EVENTS

Youth summit to discuss jobs, livelihood
AS many as 1,000 youth delegates from 22 countries in the South and South East Asia will congregate in the State Capital of Andhra Pradesh for five days, beginning December 14, to discuss the issue that bothers them most - the issue of ... More

EXPORTS & IMPORTS

India to import 50,000 t of rice from Myanmar
EVEN as the country is in the midst of harvesting a bumper kharif crop, the Government has decided to import 50,000 tonnes of rice from Myanmar. The move, which comes in the wake of the recent `ASEAN+India' summit attended by the Prime ... More

ALTERNATIVE MEDICINES

SASTRA ties up with pharma company, DST
THE Thanjavur-based Shanmugha Arts, Science, Technology and Research Academy (SASTRA) has entered into a collaboration with a pharmaceutical company and the Department of Science and Technology (DST), Government of India, to evaluate a herbal ... More

TOURISM

Skal World Congress opens in Chennai — TN unveils plan to boost tourism
THE Tamil Nadu Chief Minister, Ms J. Jayalatithaa, unveiled a seven-point action plan to realise the full potential of tourism in the State and to position it as an international tourist destination in the Asia Pacific region. Inaugurating the ... More

Orissa plans Buddhist tourism packages
THE Orissa Tourism Department is in the midst of a concerted effort to position the State as the `Soul of India'. The objective is to highlight the "living traditions" of the State, said Mr G.N. Mohanty, Director-Department of Tourism, ... More

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