Financial Daily from THE HINDU group of publications
Tuesday, November 11, 2003
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INDUSTRY & ECONOMY

AWARDS & HONOURS


Award for CCMB scientist
HYDERABAD: Dr Ashok Khar, Deputy Director of the Hyderabad-based Centre for Cellular and Molecular Biology (CCMB), has been selected for this year's Prof Y.T. Thathachari Research Award for Medical Sciences. The award consists of a ... More

ECONOMY


PM calls for action plan for informal sector
THE Prime Minister, Mr Atal Bihari Vajpayee, has asked the Finance Ministry, financial institutions and non-governmental organisations (NGOs) to come out with a broad action plan for the informal sector with special focus on the gender issue. ... More

ENVIRONMENT


Early launch of special climate fund called for
THE country has called for an early launch of the Special Climate Change Fund and the Fund for Least Developed Countries. Making it clear that no new commitments should be introduced for developing countries under the United Nations Framework ... More

New emission norms in offing for asbestos industries
There are nearly 60 large and medium scale and over 350 small-scale units in the country involved in producing various asbestos-based products. More

FOREIGN TRADE


Swiss President spots priority sectors for stronger trade ties
The President of Switzerland, Mr Pascal Couchepin, who is on a visit to the country, said that his country had identified biotechnology, power, and textile machinery as priority areas to strengthen business collaborations with India. ... More

Malaysia keen on joint venture projects
MALAYSIAN companies are keen on joint ventures in India in areas such as road and highways construction, township development and water treatment plants. This can come about provided good partnerships can be established on the basis of "good ... More

HEALTH


Food flavouring agent raises health concerns
AN increasing number of discerning consumers are reading the fine print on food product labels regarding the use of MSG or monosodium glutamate. But for the uninitiated, MSG is a flavour-enhancer and with the Government set to allow a more ... More

Novo Nordisk launches 2 new insulin analogues
NOVO Nordisk India (NNI), the wholly-owned subsidiary of Danish diabetes care company, on Monday launched two insulin analogues — NovoMix 30 and NovoRapid. Insulin analogues are advanced insulin therapies comprising genetically ... More

PETROLEUM


ONGC cuts wastage by 60 pc through gas flaring — `India, China oil import dependence to go up'
OIL and Natural Gas Corporation Ltd (ONGC) has been able to reduce by 60 per cent the wastage on account of flaring of gas from the offshore fields. Talking to Business Line here after delivering the 7th Prof Hem Chandra Dasgupta ... More

PHARMACEUTICALS


KPO - the next wave to BPO: High-end knowledge services in keen demand
WHEN sales representatives of a large pharmaceutical company span out in New Jersey in the US, they carry a call plan that lists the names of doctors who are most likely to prescribe their products. Little would they know that a team sitting ... More

POWER


Seminar on small hydel power from today
THE Unido Regional Centre for Small Hydro Power here, in association with the Unido-sponsored International Centre on Small Hydro Power and International Network on Small Hydro Power based in Hang Zhou, China, and the Government of Kerala, is ... More

States call for easing mega power project status norms
STATES have approached the Centre for a dilution in the mega power status norms in a bid to allow projects promoted by them get tax exemptions. Almost all the southern States including Karnataka have appealed to the Centre for reduction in ... More

AP Electricity staff strike notice
HYDERABAD: The State Committee of the United Electricity Employees Union (UEEU), affiliated to the Centre of Indian Trade Unions, has served a strike notice on the Chairman and Managing Director the Andhra Pradesh Central Power ... More

TEXTILES


China stepping up imports — India's cotton yarn export boom may sustain till Jan
China is reported to have booked import of some one lakh bales of raw cotton from India this year so far and these cotton largely comprises the Punjab (J-34) and Gujarat (Sankar-6/4) varieties. More

WATER


Godavari project: L&T bags contract
LARSEN and Toubro and Nagarjuna Construction Company on Monday bagged two different contracts for bringing Godavari waters from the Kanithi reservoir to Narava filtration plant through a pipeline. Amid high drama, the Visakhapatnam Municipal ... More

Policy to protect freshwater sought
SPEAKERS at the inauguration of the international workshop on "Water safety and water microbiology" here today highlighted the need for a policy to protect available freshwater and expressed concern over pollution of freshwater sources. The ... More

RADIO/TV


Media cos upbeat despite dull show in Sept quarter
THE media industry is upbeat with Hindi movies doing well after a year-long drought of hits and its raining ads on television. But the second quarter results on media companies do not seem to reflect this mood. A quick glance at the net profit ... More

EDUCATION


Service tax applies to advance payments for coaching schools
Institutions would be required to fork out service tax on the lump sum payments received prior to July 1, 2003 for the coaching services (entire or part) provided after that date. More

SCIENCE & TECHNOLOGY


Bangalore co study helps demystify `metal fatigue'
Metal fatigue restricts durability of structures and machinery. It was one of the major structural problems with aircraft and what really restricts its life. More

We must create exportable technologies, says Rawat
MR Bachi Singh Rawat, Minister of State for Science & Technology, while inaugurating the 17th National Conference on `In-House R&D in Industry', jointly organised by FICCI and DSIR (Department of Scientific and Industrial Research) here on ... More

Remote sensing sat airs `excellent pics'
RESOURCESAT-1, the nation's latest remote sensing satellite, has been beaming excellent pictures and its three cameras have shown excellent performance, according to a release issued here by the Indian Space Research Organisation. The satellite ... More

CINEMA


Selling the Austrian advantage in films
AUSTRIA, the tiny European country touted as the world's most intense holiday destination, has found that its date with the Indian film industry proved to be a windfall for its tourism industry. And the new-found relationship has brought a ... More

NEWSPAPERS & PUBLISHING


Only the Constitution is supreme, says N. Ram
Mr N. Ram, Editor-in-Chief, The Hindu, today welcomed the Supreme Court's interim stay on the Tamil Nadu Assembly order to arrest the Editor, Publisher and three senior journalists of The Hindu and the Editor of Murasoli and ... More

Delhi scribes submit memo against TN Assembly order
This is an untenable and, in our view, unconstitutional interpretation of the scope of the privileges. More

Kerala scribes protest
Members of the Kerala Union of Working Journalists (Ernakulam unit) holding a protest march on Monday against the TN Assembly decision with their mouths gagged and hands tied with black ribbons. ... More

Show of support
LIC employees stage a lunch-hour demonstration protesting the arrest warrants against journalists of The Hindu and the subsequent police action, in Visakhapatnam on Monday. ... More

LABOUR REFORMS


Unorganised sector workers' fund scheme being finetuned
THE Union Labour Ministry officials are in touch with the Finance Ministry to finetune the details of funding the proposed Unorganised Sector Workers' Welfare Fund to place it before the Cabinet next week. Last week, the Cabinet had sent back ... More

INDUSTRIAL POLICY


Govt clears industrial cluster scheme
THE Government has cleared implementation of the Industrial Infrastructure (clusters) Upgradation Scheme (IIUS) with an outlay of Rs 675 crore during the Tenth Plan, according to an official release. It has been proposed to take up 20 to 25 ... More

EVENTS


PM to open SAARC Information Ministers meet today
THE forthcoming meeting of the Information Ministers of the SAARC countries is expected to take up issues related to free movement of media personnel within the SAARC countries, setting up a SAARC media fund and framing model guidelines on ... More

EXPORTS & IMPORTS


Jaitley assures support to exporters
THE Union Commerce and Industry Minister, Mr Arun Jaitley, has assured Government's support to the exporting community for sustaining the current growth momentum. In an interaction with the Chairmen of Export Promotion Councils and the ... More

`Opening up fruit exports has improved quality'
OPENING up of Indian markets for fruit exports has inadvertently helped to improve the quality of produce in this country, according to Mr John Hey, Editor, Asia Fruit. ``The grower is taking it as a challenge to improve quality ... More

NATURAL CALAMITIES


Holistic approach urged for disaster management
EXPERTS from different fields have gathered at the National Academy of Construction (NAC) facility near here to discuss `Disasters', both natural and man-made, which wreck havoc each year on the lives of people and hit economies the world ... More

TOURISM


Kerala tourism dept earmarks Rs 15 cr for Ernakulam
THE Kerala Tourism Department will initiate projects involving Rs 15 crore for Ernakulam District this year as part of tourism development activities, the State Tourism Minister, Prof K.V. Thomas, has said. The projects included a new complex ... More

Visakha Utsav from Dec 22
THE Visakhapatnam district administration is gearing up to celebrate Visakha Utsav 2003 from December 22. The District Collector, Mr Sunil Sharma, who held a review meeting on the arrangements to be made for the festival on Sunday evening, said ... More


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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
Food flavouring agent raises health concerns


Unified licensing regime — Small cellular units set store by `alternate solutions'

M.P. Govt to export 1 lakh t wheat

KPO - the next wave to BPO: High-end knowledge services in keen demand

Media cos upbeat despite dull show in Sept quarter

India is the new flavour for Western media

In Focus
Rising intolerance
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)
A Tribute to Semmangudi
(The Hindu)
Organic farming
In Chennai
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
Swati CA
In Kashmir
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Corporate Governance
Iraq Diary

Looking back
Nov. 2-Nov. 8
Industry upbeat on economy: CII survey

Despite poor show by traditional items — Exports rise 11 pc in Q1

India becoming dumping ground for world mercury: CSE

GAIL's separate gas trading co by 2008

Govt invites bids for advisors for selling residual stake in CMC

`By 2020, quality should be every Indian's birth right'

Paint industry draws a rosy picture

Penalty for spurious drugs; but what about fake doctors?

Higher steel prices have limited impact on end-users: Crisil

ICAI plans to set up shop in UAE Knowledge Village

Ministry bid to lure venture capital for entertainment sector

`Monsoon effect' yet to kick in for urea producers

Govt to formulate steel policy soon; aims at boosting exports


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