Financial Daily from THE HINDU group of publications
Tuesday, December 09, 2003
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Financial Daily from THE HINDU group of publications Tuesday, December 09, 2003 |
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INDUSTRY & ECONOMY LOTTERY ENVIRONMENT Environment-friendly paper from ITC ITC Ltd has commenced commercial production of paper using the environment-friendly ECF (elemental chlorine-free) technology at its Bhadrachalam unit in Andhra Pradesh. The company's Paperboards and Speciality Papers Division hopes to sell ... More EXCISE AND CUSTOMS Chennai Customs introduces e-auctions for uncleared goods THE Chennai Custom House (CCH) has pioneered auction of uncleared and confiscated goods over the Internet to widen the pool of potential buyers. The e-auction is to speed up disposal of such goods and eliminate unnecessary travel by potential ... More FOREIGN TRADE 
India, Korea trade increasing, says Korean MinisterTWO way trade between India and Korea has increased by close to 50 per cent from $2.6 billion to $4 billion and Korean investments in India are also increasingly rapidly. This was stated by the Korean Minister for Trade, Mr Hwang Doo-Yun, ... More HEALTH Promoting anti-cancer drug for treating infertility — Govt issues warning to Sun Pharma, Dabur SUN Pharmaceuticals and Dabur (India) Ltd have been issued "serious warnings" by the Government to refrain from promoting off-label use of oral anti-cancer drug, Letrozole, for the treatment of infertility. The Union Health Minister, Ms Sushma ... More
Ranbaxy's Augmentin gets US clearance
Dabur set to withdraw Foliripe
Biotech body backs Shantha over new drug trial PETROLEUM Oil sector staff to observe strike on Dec 16 THE oil sector employees all over the country will observe a one-day token strike on December 16 to protest against the move of the Union Government to file review petition against the Supreme Court verdict on the BPCL/HPCL privatisation case as ... More
Ex gratia for retd IOC staff PHARMACEUTICALS Ministry nod for pharma export promotion council THE Department of Commerce has granted provisional approval for setting up a separate export promotion council for pharmaceuticals (Pharmexcil). An official release said that the headquarters of Pharmexcil would be located at Mumbai. Further, a ... More
POWER Kerala: Power availability may fall short of 10th Plan forecast THE tardy pace at which additional capacity is being added to Kerala's power generation table points to a drastic fall in power availability in the State by the end of the Tenth Plan. Over the last two years, since the United Democratic Front ... More
MARC robotic fuel-handling system handed over to NPCIL TAXATION Tax tribunal Bill tabled in Lok Sabha THE Government today introduced the National Tax Tribunal (NTT) Bill, 2003 in the Lok Sabha for the establishment of the NTT. It will hear cases involving "substantial questions of law" arising from orders passed in appeal by the Income-Tax ... More
Rs 100/t cess on polymer proposed — Draft petrochem policy moots synthetic fibres under TUFS TEXTILES NTC revamp may result in region-wise mills groupings IF the Rs 4,000-crore restructuring scheme drafted for the ailing National Textile Corporation (NTC) goes through as per schedule, there is every likelihood that the revamped units would be reorganised under four region-wise mill ... More BREWERIES Rabo India to offer advisory services for wine industry The company estimates a minimum investment requirement of $3 million to set up a wine business here. More RADIO/TV 
CAS: Several issues unresolved as date with Delhi nearsIT'S not going to be smooth sailing for the Conditional Access System (CAS) this time round too. Even as the cable operators are pushing for its implementation from December 15 in the Capital, several issues relating to revenue share between ... More
EDUCATION Students abroad to get NRI status INDIAN students studying abroad will henceforth be treated as NRIs under the Foreign Exchange Management Act. A Reserve Bank of India (RBI) release said that as non-residents, students will be eligible for receiving remittances from India up to ... More CARS Wagon R, Esteem in top spot on quality: J.D. Power MARUTI Udyog Ltd's Wagon R and Esteem topped the J.D. Power Vehicle Initial Quality survey in their respective segments, even as the number of problems reported by new vehicle owners in the country has increased to 183 problems per 100 vehicles ... More AUTOMOBILE COMPONENTS Potential seen for auto parts sector THE domestic auto components industry has huge potential to excel in the global market and if it continues to produce good quality products at cost effective rates, the sector will be able to stay ahead of competition, Mr Naresh Narad, Secretary, ... More CONSULTING `Consultant' is no longer a shadowy figure HOW do you visualise a consultant? Is he a secret agent? Or a mysterious and shadowy figure that sneaks in and out of boardrooms? No, says Mr Barry Curnow, Chairman of the International Council of Management Consulting Institutes (ICMCI). "They ... More MEDICAL & SURGICAL EQUIPMENTS Sree Chitra aims big in medical devices sector THE Sree Chitra Tirunal Institute for Medical Sciences and Technology here visualises a major role for itself in the evolving medical devices sector in the country. The objective has been delineated in a Vision 2020 document prepared by the ... More MEDICAL INSTITUTIONS & HOSPITALS Infosys Foundation plans new hospital in Hyderabad VIJAYAWADA: Infosys Foundation is planning to build a modern hospital with an investment of Rs 3 crore in the heart of Hyderabad, according to Ms Sudha Murthy, Chairperson of the Foundation and wife of the Infosys founder, Mr Narayana ... More REAL ESTATE & CONSTRUCTION Realty projects wooing IT majors to Pune MOVE over Bangalore, Hyderabad. Pune city could soon be the most sought after destination for information technology majors and other IT-enabled service providers, thanks to the State Government's ITES policy, which offers considerable sops to ... More INDUSTRY ASSOCIATIONS GMCI for changes in transfer pricing norms THE Greater Mysore Chamber of Industry (GMCI) has asked the Government to make changes in transfer price norms to avoid litigations. In a pre-budget memorandum presented to the Finance Ministry, GMCI's Chairman for direct taxation committee, Mr ... More
FICCI urges oilseeds fund to boost industry SCIENCE & TECHNOLOGY Centre to spend $100 m on ocean studies THE Department of Ocean Development (DoD) will spend $100 million in its five-year programme to strengthen Ocean-based information services. This would include the addition of a $40 million new ship. Stating this, the Secretary of DoD, Dr Harsh ... More
Women in science
India, Lanka to co-operate on ocean study SMALL SAVINGS PF scheme from BOB Mutual Fund BOB Mutual Funds has floated the BOB PF Plan under its gilt fund. This is subsequent to the Government permitting provident fund trusts to invest in mutual funds, said a press release. The plan is available for subscription from December 9-22. ... More FOREIGN DIRECT INVESTMENT 
`Give foreign airlines 49% stake' — Naresh Chandra panel moots opening up aviation sectorIN a major boost to the domestic civil aviation sector, the Naresh Chandra Committee has recommended that foreign airlines be allowed to pick up a 49 per cent equity stake in the domestic and international scheduled air transport services with ... More
Domestic airlines worried over panel decision on FDI RURAL DEVELOPMENT Facelift proposal for Chettinad MADURAI: THE Sivaganga district administration has sent a proposal for Rs 3.25 crore to the Government, to give a facelift to Chettinad, near here. According to Dr J. Radhakrishnan, District Collector, the proposal has been made in ... More
HUMAN RESOURCES Draft Engineers Bill hangs fire THE introduction of the proposed draft Engineers Bill in Parliament still remains uncertain as the relevant parties, the Engineering Council of India (ECI) and the Institutions of Engineers (India) IE(I), are yet to finalise the draft Bill. ... More EVENTS Defence college to conduct war management seminar THE College of Defence Management (CDM), a premium tri-service institution of armed forces, is holding a two-day seminar on "Management of War in Contemporary Environment" here from Thursday. According to Brigadier Mr Deepak Sharma, over 350 ... More
India invited to Europe trade fair
CII meet in Vizag
ISRS annual meet to begin today
EXPORTS & IMPORTS 
Diamond exporters begin rupee invoicingDIAMOND exporters in the country have begun invoicing in rupees, providing an indication on the future direction of the exchange rate equation in the months to come. The trend of partial invoicing in rupees is a recent phenomenon, highly ... More
ALTERNATIVE MEDICINES Siddha R&D unit MADURAI: A research and development unit under the Siddha Medical System is to be established soon, Mr Thalavai Sundaram, Health Minister, has said. Addressing an international meet on prevention, care and control of HIV/AIDS under ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Outsourcing backlash Stamp paper scam Housing finance scenario Insurance Round-up — 2003 Organic farming The Cable tangle Telecom Competition Oil PSUs: Disinvestment dilemma Rising intolerance (The Hindu) Vaishnavaite Temples in Tamil Nadu (The Hindu) Saivite Temples in Tamil Nadu (The Hindu) In Depth Insurance Corner Swati CA Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Iraq Diary Looking back Nov. 30-Dec. 6 For reforms to succeed address poor nations' needs: PM Cement prices rise slowly but steadily AIDS drugs at lower prices for Govt-run programmes Basmati exports may be hit on new EU rule — Serious impact on shipments from Pakistan Chemicals, engineering goods prop up exports in April-July Govt plans green channel for law-abiding exporters Falling prices push cement majors to cut production Bengal SEZ Bill not to allow strikes Eco Ministry notification — `Construction sector may take a hit in 2004' 10 SEBs pare losses by Rs 4,700 cr during last fiscal Non-leather footwear exports log 55% growth Coal India mulls setting up power plants Rising rupee dents textile exporters' margins Cos may lose Rs 22,000 cr due to power cuts: Survey Greying of Kerala to cause headaches |
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