Financial Daily from THE HINDU group of publications
Saturday, November 22, 2003
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Financial Daily from THE HINDU group of publications Saturday, November 22, 2003 |
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INDUSTRY & ECONOMY RESEARCH & DEVELOPMENT Anna varsity biotech centre pins hopes on industry tie-ups Centre for Biotechnology recently tied up with Nicholas Piramal India to develop a compound that could be used to treat cancer. Earlier, Ranbaxy entered into a similar deal to develop a drug to combat diabetes. More CLIMATE & WEATHER MET SIGNS Kerala: Lull in rainfall continues THE North-East monsoon extended its lull to three more days ending on November 19, according to the Agromet Advisory issued by the Met Office, Thiruvananthapuram. Only Thiruvananthapuram district reported reasonable rainfall, with "normal" ... More CONSUMER ELECTRONICS Consumer electronics sector seek deferential rate of customs duty WITH the Government initiating the exercise for the forthcoming Union Budget, India Inc is also gearing up to voice its concerns. The consumer electronics industry, for one, has urged the Government to adopt a differential rate of customs duty ... More COURTS/LEGAL ISSUES Govt agrees to amend Competition Act DEFENDING the provisions of the Competition Law, the Centre on Friday submitted before the Supreme Court that it would amend the Competition Act so that High Courts do not execute the awards given by the Competition Commission of India (CCI). ... More ECONOMY Oct infrastructure industries growth drops to 3 pc THE six `core' infrastructure industries have registered an overall growth rate of 3.9 per cent in the first seven months of the current fiscal, as against 6.5 per cent in the same period the previous fiscal. According to official data ... More
`Vision Kerala' to focus on need-based targets ENGINEERING Good monsoon forces pump makers to hike prices HEMMED in by a continuous rise in the raw material cost and a slackening demand because of good monsoon, the pump manufacturers in the Coimbatore region have started hiking the price of pumpsets. The manufacturers are also sore that State ... More
Electroplating industrial park in Madurai planned FOREIGN TRADE 
`Use Mauritius to build biz links with Africa'THE Prime Minister of Mauritius, Mr Paul Raymond Berenger, has urged Indian business leaders to make use of the double taxation avoidance treaty between India and Mauritius to do businesses with countries like Madagascar and ... More HEALTH 
Clinton Foundation pledges full support to fight AIDSTHE former President of the US, Mr Bill Clinton, today reiterated his Foundation's commitment to fight AIDS/HIV when he visited the research and development premises of Ranbaxy Laboratories Ltd. Only recently, the Clinton Foundation had ... More
Garnering resources, negotiating prices — Clinton to take up India's initiatives on AIDS
Blood donation camp
Naidu vows to improve healthcare services PSU PSUs keen on debt recast plans now WITH any further softening of interest rates becoming increasingly remote, State utilities and public sector companies have started rushing to financial institutions (FIs) and banks to enter into debt restructuring and swapping of high-cost ... More PETROLEUM Partner lowers Reliance's K-G basin gas reserve estimates RELIANCE'S largest gas field — the D-6, situated off the country's east coast - holds lesser gas reserves than earlier announced, says the company's partner Niko Resources. The field holds 8.6 trillion cubic feet (tcf) gas instead of ... More
RIL sticks to its estimates PLASTICS Meet on plastics in Madurai MADURAI: The Madurai District Tiny and Small-Scale Industries Association is organising an interaction meeting on `Exports of plastics from India' on November 22 here. Mr K. Ramachandran, President of the Association, said the programme ... More POWER 
Simhadri power plant load factor goes upTHE 1000-MW Simhadri power plant of the National Thermal Power Corporation near here has achieved the highest plant load factor of 89.6 per cent in the State during the current financial year till now. Among the NTPC plants in the country, it ... More TAXATION Payments in foreign exchange — Tax exemption on travel-related services restored THE Centre has restored service tax exemption on certain services for which payments are received in India in convertible foreign exchange. Services such as those provided by a tour operator to anyone in relation to a tour, or to a customer by ... More WATER Drinking water scheme in Thiruvananthapuram THIRUVANANTHAPURAM: The Water Resources Minister, Mr T.M. Jacob, has said that the drinking water scheme being implemented with Japanese assistance for Thiruvananthapuram and neighbourhood areas would be completed by year 2006. The ... More EDUCATION Sree Sankaran Sanskrit University plans manuscript library KOCHI: Steps have been initiated to establish a palm leaf manuscript library at the Sree Sankara Sanskrit University, Kalady with the financial assistance from Union and State Governments. The project includes collections, ... More ELECTRICAL GOODS 
Contract manufacturing may usher in brighter days for lighting sectorCAUGHT between unassailable MNC dominance and the growing Chinese challenge, domestic lighting manufacturers could, perhaps, see some hope in contract manufacturing in the years to come, according to an industry expert. Big brands in lighting, ... More REAL ESTATE & CONSTRUCTION Stamp duty rates for property transactions cut in TN STAMP duty rates for registering property transactions have been slashed to a uniform 8 per cent across Tamil Nadu. Earlier, it was 13 per cent in urban areas and 12 per cent in rural areas, both inclusive of a 5 per cent surcharge. An order ... More INDUSTRY ASSOCIATIONS FAPCCI moves for global trade facilitation centre IN efforts to boost exports and attract investments into the State, the Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) is planning to set up an `International Trade Facilitation (ITF) Centre' in association with the Andhra ... More
CII delegation to visit UK TEXTILE MACHINERY Research body urged to design new textile machinery THE South India Textile Research Association (SITRA) should undertake research programmes to design innovative machinery to upgrade the textile industry, Mr Karumuthu T. Kannan, Managing Director of Thiagarajar Mills, has said. Presiding over a ... More SCIENCE & TECHNOLOGY `Aryabhateeya' on Dec 6-7 THIRUVANANTHAPURAM: Aryabhateeya-2003, a national seminar on scientific advancements of national relevance, will be held on December 6 and 7 at the Priyadarshini Planetarium here. According to Dr C. Suresh Kumar, Secretary, Swadeshi ... More CINEMA Children's film fest comes to a close AN Angel for May, directed by Harley Cokeliss of the UK, has bagged the Golden Elephant at the 13th International Children's Film Festival, which concluded here on Thursday. The Netherlands' Minoes won the Silver Elephant. The two ... More
SOCIAL WELFARE `Activate TN farmers body' MADURAI: The State Government should activate the Tamil Nadu Farm Workers Welfare Board at the earliest, lest an agitation be launched for the purpose, the Tamil Manila Vivasaya Thozhilalar Sangam has threatened. At a two-day State ... More RURAL DEVELOPMENT ADB okays $400-m loan for rural road project THE Asian Development Bank (ADB) on Friday approved a $400-million loan for building 11,000 km of all-weather roads in Madhya Pradesh and Chhattisgarh as part of the Pradhan Mantri Grameen Sadak Vikas Yojana. The $400-million loan for the ... More LABOUR REFORMS SIEMA seeks changes in labour laws THE Southern India Engineering Manufacturers' Association (SIEMA), Coimbatore has requested the Tamil Nadu Government to exclude certain jobs from being defined as `core activities' to facilitate the employment of temporary hands. It has also ... More EVENTS 
AI building selected for global media art projectONE of the most visible landmarks in Mumbai, the Air-India Building, has been chosen as one of four sites for a unique global project that will engage the ordinary citizen in an urban dialogue involving the exchange of text messages that will be ... More
Rudraksha expo from today
`Corporate, spiritual leaders must work for peaceful society'
INCOME TAX Move to widen tax payer base; format being readied — Banks have to give info on high value deals THE Finance Ministry would finalise the structure of the Annual Information Return (AIR) that banks and other specified agencies will have to compulsorily furnish in relation to `high value' transactions in immovable and movable property, ... More EXPORTS & IMPORTS Pant sees rise in energy imports "It would not be an exaggeration that India's very future depends on seeking viable alternative energy options that include nuclear, renewable and solar energy hydrogen systems." More
Concern over unrestricted export of raw cotton TOURISM Sikkim to allow greater private sector role in tourism PRIVATE industry is all set to play a bigger role in the tourism sector in Sikkim with the State Government deciding to restrict its role to that of a facilitator in this regard. The State is hopeful of attracting Rs 150-200 crore worth of ... More STANDARDS & BENCHMARKS Seminar on quality management from Dec 4-7 in Madurai A NATIONAL convention on `Quality Circle for Continuous Improvement' is to be held in the city, between December 4 and 7, by the Madurai chapter of Quality Circle Forum of India (QCFI). Addressing presspersons here, Mr K. Ganapathy, Executive ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
 Mid-Term Monetary and Credit Policy for the year 2003-2004 Pick a Winner Stock Market Contest
Top Stories 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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