Financial Daily from THE HINDU group of publications
Wednesday, December 31, 2003
Markets (Dec. 30)
BL 2502095.99 (+5.08)
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INDUSTRY & ECONOMY

ACCOUNTING STANDARDS


CAs unhappy at `harmonisation'
CHARTERED accountants are displeased that the Government is putting fetters on their autonomous functioning in the name of bringing in uniformity in the legislations governing the three professional bodies. A section of the ICAI Council, which ... More

CONSUMER ELECTRONICS


Market heats up for microwaves, washers
THE unexpected has happened in the consumer durables sector this year - the microwave oven segment that was written off by industry pundits has gone up the growth graph, while the upbeat air-conditioner segment has fallen short of the expected ... More

ECONOMY


Investment climate ideal in State: Naidu
THE Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has said that the environment in the State is conducive for investment. Quoting from a Business Today-Gallup survey, Mr Naidu said that from a ranking of 22 about seven years ... More

ENVIRONMENT


Kerala Minister asks media to spread green message
THE media should play an active role in creating awareness about the need to ensure sustainable development, the State Minister for Information and Parliamentary Affairs, Mr M.M. Hassan, said. He made this observation while inaugurating a ... More

FOREIGN TRADE


CII summit to host special session on trade with Gulf
The main theme of the summit is `India and the World: Engagement and Partnership'. Mr A.C. Patankar, Principal Advisor, CII, told Business Line that India has traditional trade and economic ties with the countries in the Gulf and West Asia. More

Industrial India Trade Fair ends — Call for more economic support among S-E Asian countries
THE 12-day-long 17th Industrial India Trade Fair ended here on Tuesday, with a call for more closer economic cooperation among the South-East Asian countries. It is viewed that such cooperation will be beneficial for all countries in the Asian ... More

PHARMACEUTICALS


Gas makers protest change in drug rules
THE amendment in the Drugs and Cosmetic Rules prohibiting companies from using the same factory premises where drugs are produced for production of non-drug products could lead to shutting down of units manufacturing medical oxygen and nitrous ... More

POWER


MEDA move towards sustainable solutions
THE Maharashtra Energy Development Agency (MEDA) here is "working towards achieving sustainable solutions through several initiatives for promoting renewable energy and efficiency in the industrial sector," according to an agency statement. It ... More

`Power utilities must be run professionally'
THE real challenges of the power supply sector are institutional, managerial and financial, Mr M.R. Srinivasan, former Chairman Atomic Energy Commission and Secretary, Department of Atomic Energy, said. Briefing mediapersons, Mr Srinivasan said ... More

BREWERIES


THE YEAR THAT WAS
MNCs push open doors in alcobev sector
THE world's second largest brewer SABMiller gaining control of Shaw Wallace Breweries and the strides made by Seagram set the future direction for the Indian alcoholic beverage industry in 2003. The two multinationals pushed open the doors of the ... More

RADIO/TV


`TV channels must impose self-censorship'
TELEVISION channels need to impose "self-censorship" to ensure that the content they present to their viewers does not convey the wrong message. They have to "think ahead and think differentially", especially since 50 per cent of television ... More

EDUCATION


This is the way we go to school
With thousands of students, schools find it tough to make the best of their resources. eWorld tracks an online initiative that might hold the key. More

HCV/LCV/TRACTORS


THE YEAR THAT WAS
`Feel good' factor extends to tractors
DOUBLE-DIGIT percentage decline over the past three years did not prevent the tractor segment from gaining from the feelgood factor in the economy in 2003. Tractor sales may not exactly have spurted during the year, but the good monsoon ... More

REAL ESTATE & CONSTRUCTION


Realty on Internet
HYDERABAD: Buildnova.com, a construction portal from Build Infotech Solutions has tied up with Trinethra super market chain to expand reach to the public. The portal provides a range of information on the construction, real estate ... More

KNITWEAR & HOSIERY


Tirupur exporters seek capital subsidy component in TUFS
THE Tirupur Exporters Association has suggested that technology upgradation fund scheme (TUFS) component be provided with capital subsidy element too along with the subsidised interest component to motivate the textile industry to ... More

BIO-TECH & GENETICS


Vaghul appointed new Chairman of APIDC-VCL investment panel
THE Andhra Pradesh Industrial Development Corporation-Venture Capital Ltd (APIDC-VCL) on Tuesday announced the appointment of Mr Narayanan Vaghul as the Chairman, Investment Committee for Biotechnology Venture Fund. Mr Vaghul is currently the ... More

SCIENCE & TECHNOLOGY


ISRO — Crossing milestones
2003 may not exactly qualify for a year of Indian space odyssey, though the national agency ISRO enters the New Year with some major milestones crossed. Apart from firming up a new initiative like Chandrayaan-1 or the first Indian lunar probe ... More

EVENTS


Workshop for training process plant industry
IN promoting their exports to Europe, industrial manufacturers in developing countries face technical barriers to trade (TBT) in the form of requirement of CE marking for products imported in Europe as well as inadequate knowledge of harmonised ... More

ENTREPRENEURSHIP


Women entrepreneurs team up
HYDERABAD: About 25 women entrepreneurs will be putting up stalls to showcase their products and services in the All India Industrial Exhibition starting on January 1, 2004 at the Exhibition Grounds, under the aegis of the Association of ... More

INCOME TAX


Resident but not ordinary resident: Taxing definitions
WITH the second Pravasi Bharatiya Samaroh round the corner, India Inc's pitch for a rethink on the definition of resident but not ordinary resident (RNOR) — a category of residential status for income-tax purposes — may become ... More

ECONOMIC OFFENCES


Kola Krishna Mohan held for cheating again
MR Kola Krishna Mohan, who created a sensation four years ago in Vijayawada by claiming to have won Euro lottery (Rs 83 crore or so) and obtaining loans running into crores from individuals and institutions such as banks, has resurfaced again. ... More
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Mid-Term Monetary and Credit Policy for the year 2003-2004

Pick a Winner Stock Market Contest

Top Stories
Infant food cos to retain ad agencies despite ban on promos


Global majors developing captive campuses in Hyderabad

Towards 2004: Nothing much to feel good about

Growers going easy on sales, says SOPA

MNCs push open doors in alcobev sector

`Feel good' factor extends to tractors

ISRO — Crossing milestones

Railways on a positive track

In Focus
Budget Wish-list
Stocks: Dizzying Heights
Steel Industry in 2003
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
Dec. 21-Dec. 27
Turning municipal waste into fuel — Selco power plant model in AP shows the way

CEOs hopeful of double-digit growth in sales

Patents (Amendment) Bill introduced

Core sector growth at 5.2 pc in Nov

Rice exports likely to remain dormant

Steel majors to gain from stable prices

`10 pc stake sale in ONGC, GAIL first; cross-holdings unlock later'

Exporters going dollar-shy, take a fancy to euro

New launches drive car sales

Engg goods, chemicals, jewellery help exports rise 7.7% in April-Aug

Poor rural offtake, shift in spends, keep FMCGs in slow mode

Realtors upbeat with higher growth in 2003


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