The Hindu Business Line : Tuesday, November 25, 2003

Schemes for unemployed in AP
THE Andhra Pradesh Department of Employment and Training has formulated a number of schemes for the unemployed youth. The Commissioner of Employment and Training, Mr B.V Sudhakar, said here today at a press meet that the department would soon ... More

AWARDS & HONOURS

Kunhikrishnan wins award for `Narrowcasting'
THE Deputy Director-General (DDG), Doordarshan, Mr K. Kunhikrishnan, has bagged a special award for `Exemplary Work on Narrowcasting' at the recently held annual DD Awards function. The award carries a citation and a cash prize of Rs 25,000. Mr ... More

Grid Leadership conferred to Dharni P. Sinha

ECONOMY

Farm income surplus may top Rs 40,000 cr — Foodgrains output seen at 108.45 mt
The surplus comes from a rare phenomenon of high production and steady prices that the farming community is enjoying this season. More

FOREIGN TRADE

`India must broaden trade ties with Asean nations'
THE Secretary-General of the Association of South-East Asian Nations (Asean), Mr Ong Keng-Yong, has suggested that India should broaden its economic relations with the 10-member regional organisation, especially when close to 98 per cent of its ... More

Nathula `Pass'port to better trade prospects with China
TRADE in the hill state of Sikkim is upbeat on the prospects of Indo-China trade through the Nathula Pass. Equally upbeat on this score are the State Governments of Sikkim and West Bengal. Lhasa, the capital of Tibet, is 431 km from Nathula. ... More

Cuban Minister invites Indian investors
INFORMING the Indian business leaders of the ongoing transformation of the Cuban economy, Ms Marta Lomas, Minister of Foreign Investment and Economic Collaboration of Cuba, highlighted how her country isencouraging foreign investments. She ... More

HEALTH

Chennai likely to be AIDS vaccine trial site
A DELAY of more than six months notwithstanding, work on the India-specific AIDS vaccine is progressing, with the International AIDS Vaccine Initiative (IAVI) scouting for a second site, most likely in Chennai, to conduct phase I clinical trials. ... More

Nationwide network for trauma care mooted
THE Andhra Pradesh Government has called for setting up of a `National Network of Emergency Medical Services' with the active participation of Government and private hospitals, Indian Medical Association and non-Governmental agencies to put in ... More

Kalam to open dentistry meet
THE World Congress on Prosthodontics or dentistry will be inaugurated by the President, Dr A.P.J. Abdul Kalam. A first time of sorts for India, the Congress will be hosted in the Capital between November 26 and 29. Organised by the Indian ... More

PETROLEUM

IOC chief moots price stability mechanism
India's exposure to the international market is high since it imports 70 per cent of its crude oil requirement. According to Mr Ramachandran, the Fund could compensate oil companies for keeping consumer prices low during high volatilities. More

STEEL

Steel stocks strengthen on price hike reports
AFTER remaining stable for some time, steel stocks were back on fire today on expectation of price hike of various steel products. There was across the buying in most of the steel companies' shares. The major gainers included Essar Steel, ... More

Sponge iron body plans 5 regional offices
THE Sponge Iron Manufacturers Association (SIMA) is chalking out plans to make its presence felt all over the country. It is in the process of setting up five regional offices and lobby with the Government for increased iron ore availability ... More

TEXTILES

FICCI textile task force for Customs duty cut on PTA
THE FICCI task force on textiles has pitched for a reduction in the customs duty on purified terephthalic acid (PTA) and mono-ethylene glycol (MEG) to 10 per cent from the current level of 20 per cent. ``We have sought reduction in PTA/MEG duty ... More

SSI

Kerala SSIs urge Centre to cut excise, customs tariffs
THE Kerala State Small Industries Association has submitted a pre-Budget memorandum to the Union Government seeking relaxations in the central excise and customs tariffs for the SSI sector in the forthcoming Union Budget. The State President of ... More

CII to train small units in tech upgradation
THE Confederation of Indian Industry (CII, Southern Region) would pay a special attention to small and medium enterprises to make them become globally competitive, Mr K.K.M. Kutty, Chairman, CII (SR), has said. Stating that small enterprises ... More

Dakshina Kannada tiny industries' plea
MANGALORE: Mr K. Vishwanath Prabhu, President of the Dakshina Kannada District Tiny Industries Association, has urged the Karnataka Industrial Area Development Board (KIADB) to improve basic infrastructure in Baikampady industrial area in ... More

BREWERIES

Alcoholic beverage companies resent restrictive policies
THE domestic alcoholic beverages industry, which generates about Rs 20,000 crore of revenue for state exchequers, wants a bearable restrictive fiscal regime so that the industry can grow even after competing with foreign liquor. Because of ... More

TERRORISM

Ribeiro links piracy to funding of terrorism
THE former DGP of Punjab, Mr Julio Ribeiro, has said that the music and video pirates in the country could well be diverting some of the "fast money" to finance terrorist organisations both inside and outside the country. Addressing a national ... More

RADIO/TV

`CAS put on backburner'
THE conditional access system has been put on the backburner, the Union Information and Broadcasting Secretary, Mr Pawan Chopra, admitted here on Monday. Talking to reporters after addressing a symposium on the film industry, he said that with ... More

EDUCATION

CAT scam `a blow to image of IIMs'
THE Common Admission Test (CAT) question paper leak scam couldn't have come at a worse time for the IIMs, already rapped for being elitist and expensive. The biggest casualty has perhaps been the immaculate repute of the institute and all that ... More

IIM top brass to meet today
THE `all faculty meeting' of the Indian Institute of Management, Ahmedabad (IIMA), which lasted almost the entire afternoon on Monday, has taken a serious note of the alleged leakage of the `Common Admission Test' question papers. The dons of the ... More

Disappointed aspirants head home
THOUSANDS of crestfallen students aspiring to enter the famed portals of the country's IIMs boarded different trains at the Chattrapati Shivaji terminus in Mumbai on Monday to leave for their homes, with disappointment writ large on their ... More

Centre of Excellence to network education
In the next 18 months, the Kerala Education Grid plans to connect about 100 colleges over to the Sun Centre of Excellence at IIITM-K. More

REAL ESTATE & CONSTRUCTION

TN Chamber moots cells for refixing guideline values
THE Tamil Nadu Chamber of Commerce and Industry has thanked the Government for reducing stamp duty on registration from 13 per cent to eight per cent. It has put forth some suggestions. It proposed constitution of independent valuation cells ... More

Kerala: Training in construction work

KNITWEAR & HOSIERY

Tirupur bandh against yarn price rise
THE 12-hour trade bandh today in Tirupur was total with all knitwear production-related activities coming to a halt. The bandh was jointly called by various political parties and all the knitwear industrial associations to protest the ... More

SCIENCE & TECHNOLOGY

Free access to maps on anvil
DECKS have been finally cleared for a National Map Policy, which would allow free access to maps for the private sector industry as well as civilians. The Ministry of Defence has agreed to the proposals made by an inter-ministerial task force ... More

LABOUR REFORMS

ILO lauds steps to curb child labour in AP
THE way child labour is being tackled in Andhra Pradesh is fast proving to be a model for several other States in the country, according to Mr M.P. Joseph, Project Manager of the International Labour Organisation for Andhra Pradesh. As per the ... More

EVENTS

Govt should report on use of forex reserves: Chidambaram
We haven't found a way to make good use of our resources. Every Government should account for what they are doing about public sector assets and forex reserves, Mr Chidambaram said. More

Protesters shout slogans against Modi at summit
THE peace and tranquillity of the five-star hotel Taj Palace here was shattered this morning when a group of protestors raised slogans and argued with the Delhi Police officials in the hotel lobby after they were stopped from entering the meeting ... More

`Govt role must for retail modernisation'
WHILE India has 12 million retail outlets and the size of the retail market runs into billions of rupees, supply chain management, customer relations and mall development are posing several challenges for the industry. An interactive working ... More

`Economic argument of outsourcing would prevail'
FOR all those representatives of Indian industry who are fervently lobbying with foreign governments to tone down the impact of backlash on outsourcing, here is a piece of advice from the Indian Government. Addressing a session on ... More

Meet discusses importance of lubrication engg
MR RAKESH Makhija, Managing Director of SKF Bearings, has said that only 1,400 companies have remained in the lubrication industry because of massive consolidation in lubrication market. Addressing the delegates at a workshop on "Recent trends ... More

Workshop for Kerala migrants

Meet to settle revenue cases

CII conference on HR

EXPORTS & IMPORTS

Good scope for exports of food products: Rabo India report
REGULATORY changes and demographic trends in the country will be the driving factors to open up huge opportunities in the food and agricultural sector in the country, according to a report by Rabo India. "We envision the country to be one of ... More

ALTERNATIVE MEDICINES

Ayush ayurveda initative

TOURISM

Durgam Cheruvu in for a facelift
DURGAM Cheruvu, the secret lake constructed during the Qutb Shahi era to supply water to the Golconda Fort, has got a facelift with the Andhra Pradesh Tourism Development Corporation setting up an amphitheatre christened `The Crescent', a snack ... More

ECONOMIC OFFENCES

5 task forces set up on economic offences code
THE West Bengal National University of Juridical Sciences, commissioned with the task of formulating the draft outline of an Economic Offences Code for India (EOCI) by the Government, has decided to set up five specialised task forces soon. ... More

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