Financial Daily from THE HINDU group of publications
Tuesday, November 18, 2003
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INDUSTRY & ECONOMY

INVESTMENTS


Karnataka: Coastal investors' meet to lure W. Asian NRIs
THE Coastal Investors' Meet to be held in Karwar of Uttara Kannada district on December 20 and 21 will provide an opportunity to a large number of non-resident Indians in West Asia to invest in their homeland. Many of the domestic investors have ... More

LOTTERY


HC upholds Kerala Govt curbs on other State lotteries
THE Kerala High Court on Monday upheld the restrictions imposed by the State Government on the sale and distribution of paper and online lotteries of other State governments in the State. Mr Justice C.N. Ramachandran Nair upheld the ... More

ENVIRONMENT


Up in smoke
Fumigation being carried out by the municipal corporation to contain the mosquito menace in the twin cities of Hyderabad and Secunderabad. Despite growth in many areas, prevalence of mosquito-borne diseases such as dengue and malaria are quite ... More

Waste disposal facility near Kochi
KOCHI: A waste processing-cum-bio fertiliser unit set up by the Thrikakkara Grama Panchayat has been inaugurated near the NGO quarters. Set up as part of the `Malinyamillatha Mavelinadu' programme organised by the grama panchayat, the ... More

FOREIGN TRADE


India, Austria keen to enhance trade links
INDIA and Austria have expressed their keenness to enhance trade and investment relations to increase the current level of bilateral trade. Both the sides also see ample scope for joint ventures in various sectors. This was indicated at the ... More

PETROLEUM


IOC officers to visit fuel stations
INDIAN Oil Corporation (IOC) has formed a team of officers to visit petrol stations in Chennai and interact with customers. The team, drawn from various departments such as LPG, lubes, finance, human resources, will "quiz customers on their ... More

ONGC invites bids for crude supply
OIL and Natural Gas Corporation (ONGC) has, for the first time, invited formal buyer bids for supply of crude from its oil wells. So far, it has been the Petroleum Ministry that has been allocating domestic crude to the public sector refiners. ... More

ONGC urges TN to use natural gas reserves for power sector
It was cheaper to set up small capacity power plants at the gas field itself rather than transport the gas through pipeline to a larger sized power generating facility. Nine gas fields in the State had been closed due to lack of demand for gas. More

STEEL


Commonwealth Games may spark steel duty cut
INDIA bagging the Commonwealth Games 2010 may pave the way for higher steel imports, in the wake of the likely lower import duty on steel in the next Union Budget, according to industry sources. Official sources, while maintaining that the ... More

TAXATION


April-Oct service tax revenue falls short of target by Rs 900 cr
The service tax collections for the first seven months (till October 31) at Rs 3,705 crore have fallen short by nearly Rs 900 crore of the pro rata target for the period. This is despite achieving a 7 per cent growth in the first quarter. The ... More

COAL


UK firm study on producing low ash coal
DARGO Associates Ltd (DAL) of UK, an international coal consultants, has evaluated the possibility of profitably producing non-coking coal with 28 per cent ash by washing 42 per cent ash content Indian thermal coal. Dr Larry Thomas, Director of ... More

`To maintain energy price, coal must remain mainstay fuel'
If we want to maintain the energy price within the reach of the common man, then the share of coal in primary energy consumption should be maintained at 55 per cent through 2025, says Mr M.P.S. Nair. More

REAL ESTATE & CONSTRUCTION


Hologramming stamp papers under study
EVEN as investigations into the Telgi scam continue in Maharashtra, efforts are on to explore the possibility of hologramming stamp papers. According to sources, talks have already been held with some State Governments. Mr Manoj Kochar, ... More

KNITWEAR & HOSIERY


Hosiery bodies plan hunger strike against rising yarn price in Tirupur
WILTING under pressure from knitwear producers/processors, the joint forum of four major Tirupur-based hosiery trade bodies on Monday decided to call a token hunger strike on November 21 to voice their concern over the spiralling yarn ... More

BIO-TECH & GENETICS


APIDC-VCL to get Rs 15 crore from two banks
APIDC Venture Capital Ltd (APIDC-VCL), the public-private partnership between the Andhra Pradesh Industrial Development Corporation (APIDC) and Ventureast group, has announced that it has obtained a commitment of Rs 15 crore from two banks for ... More

CINEMA


Industry urged to promote children's films
FESTIVAL after festival, filmmakers and film lovers wonder why children's films, in general, don't go well with general audiences and make good marketing appeal. They make films, take part in international film festivals held across the globe ... More

DISINVESTMENT


Jessop sell-off case hearing deferred by three weeks — SC agrees to review ruling on HPCL
THE Supreme Court on Monday gave a reprieve to the Government on the stalled disinvestment process in oil PSUs. The court agreed, in-principle, to reconsider its September ruling on the privatisation of HPCL and BPCL. This is seen as an ... More

FOREIGN DIRECT INVESTMENT


Panel moots 26 pc FDI in radio sector
AS part of the second phase of FM privatisation, the Expert Committee set up to look into changes in norms for radio broadcasting has suggested permitting 26 per cent foreign direct investment (FDI) in the sector. It has also proposed switching ... More

TRADE & LABOUR UNIONS


NTC workers held for picketing in Coimbatore
OVER 800 workers belonging to the six National Textile Corporation (NTC)-run textile mills in the city on Monday courted arrest while they went to picket their respective textile units in protest against the NTC management's refusal to accede to ... More

EVENTS


Auto Expo from Nov. 21 in Hyderabad
HYDERABAD: Andhra Pradesh Automobile Dealers Association is organising Auto Expo 2003, an exhibition of vehicles, spare parts, lubricants, batteries, and accessories in Hyderabad during November 21-23. To be housed in specially erected ... More

Pant to represent India in hydrogen economy meet
THE Planning Commission Deputy Chairman, Mr K.C. Pant, will represent India in Washington on a global event to prepare for the three-day International Partnership for a Hydrogen Economy (IPHE) ministerial meeting, scheduled to begin from November ... More

EXPORTS & IMPORTS


Manikanchan SEZ to be opened today
THE country's first greenfield Special Economic Zone (SEZ) exclusively for gems and jewellery — Manikanchan — is to be inaugurated on Wednesday at Salt Lake, Kolkata, by the Chief Minister of West Bengal, Mr Buhddhadeb ... More

TOURISM


CII to host tourism meet in Hyderabad
ROPING in China as a Partner Country and Andhra Pradesh as Partner State, the Confederation of Indian Industry (CII) plans to organise a three-day tourism conference-cum-B2B showcase beginning December 2 in Hyderabad. The conference, likely to ... More
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Top Stories
IT exports up 35% in first half, says ESC


Treasury gains, major source of banks' income

Banks recover Rs 499 cr via Act

First quarter show improves on tight spending, lower interest

April-Oct service tax revenue falls short of target by Rs 900 cr

In Focus
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(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. 9-Nov. 15
`An attack on the freedom of the press'

Feel good factor boosts business confidence index

Corporates bullish on all fronts, says FICCI survey

Buddhadeb deplores `gross abuse of legislative privilege'

CII revises GDP growth to 7.2 pc

Media cos upbeat despite dull show in Sept quarter

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

Food flavouring agent raises health concerns

MFs devise bonus options for tax-planners

Truck, bus tyre production up in Sept

Natco to challenge grant of exclusive rights to Novartis cancer drug

Impose ceiling on tax-free donation

Delay in FCI stock delivery, inadequate rake availability — Foodgrain exporters are a worried lot

PSU oil cos decide to pay interim dividend

Coal equity most cost-effective, says Plan panel

Edible oil imports top a record 51 lakh t — Highest after shipments have come under OGL

Festive Oct drives car, 2-wheeler sales

Leave self-help groups to themselves


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