INDUSTRY & ECONOMY
AWARDS & HONOURS
Pharmacology award
HYDERABAD: Dr Prakash V. Diwan, Deputy Director & Head, Pharmacology Division and Dr T.S.S. Dikshth, Consultant of the same division, at the Indian Institute of Chemical Technology (IICT), here have been awarded the Chandra Kanta Dandiya ...
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CEMENT
`Cut import duty on non-coking coal'
A SECTION of consumers in core sectors such as power and cement has initiated fresh moves to convince decision-makers in New Delhi that there is a need to reduce basic import duty on non-coking coal, thereby enabling them to use quality coal at a ...
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ECONOMY
`India must focus on health, education'
INDIA should focus as much attention on education and health as on industry and finance to be part of the developed world, according to Lord Swraj Paul, Chairman, Caparo Group of the UK. Addressing the CII today, he said that as one of the most ...
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FOREIGN TRADE
India's trade with NAFTA countries thrives in '03
ALTHOUGH the global trade growth during most of 2003 did not display much dynamism as the industrial world posted only anaemic recovery, India's trade with North Atlantic Free Trade Agreement (NAFTA) countries comprising the US, Mexico and Canada ...
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South Asia CEOs' Forum launched
AHEAD of the SAARC Summit scheduled in Islamabad on 4-6 January 2004, a new initiative in the form of a South Asia CEOs Forum was launched today, according to a Confederation of Indian Industry (CII) release. The first meeting of the forum was ...
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HEALTH
Lupin launches cholesterol lowering drug
LUPIN announced the launch of Ezedoc, a specialty drug for the cholesterol management segment. Taken along with statin (a class of cholesterol lowering drug) like Lupin's Tonact, the new drug helps to further reduce `bad' cholesterol and raises ...
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POWER
Consumer suggestions invited — APERC readies draft power supply code
THE Andhra Pradesh Electricity Regulatory Commission (APERC) recently finalised a draft electricity supply code and has invited suggestions from various consumer sections to finetune it. According to the code, the licensee is required to inform ...
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TAXATION
E-filing of service tax returns extended to 58 services
IN an assessee-friendly move, the Finance Ministry has extended the facility of e-filing of service tax returns to all the 58 taxable services. Hitherto, this facility was available only in respect of 10 taxable services including telegraph ...
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RADIO/TV
Harmonic, Alliance tie up for DTH
THE US-based Harmonic Inc, which provides digital video, broadband optical networking and Internet protocol delivery systems to cable, satellite, telecom and broadcast network operators, has tied up with the Delhi-based Alliance Strategies Ltd to ...
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LEATHER
Move to rope in corporates to develop leather industry
THE Andhra Pradesh Government has begun an exercise to tap big corporate houses, including Tatas and Mr Jagmohan Dalmiya of M L Dalmiya & Company Ltd, asking them to invest in the leather industry in the State. "Talks are on with Tatas and we ...
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BIO-TECH & GENETICS
Vaccine market emerges as mainstay for healthcare
THE vaccine market, estimated to be around $150 million has emerged as the mainstay for the healthcare segment, which in turn occupies a sizeable portion of the growing biotechnology industry. Of the $4-billion biotechnology industry, the ...
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JUTE
Meet to resolve jute crisis in Bengal today
THE indefinite jute strike in West Bengal, which completed its fifth day on Friday may end as the State Government has convened a tripartite meeting on Saturday to resolve the crisis. The strike in the 4,000 tonnes per day jute industry was ...
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DISINVESTMENT
Govt kicks off RCF divestment process
THE Union Government has called for expressions of interest from companies interested in buying 51 per cent stake in Rashtriya Chemicals and Fertilisers Ltd. The Government plans to offload two per cent of its share to employees out of the total ...
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RURAL DEVELOPMENT
`States interested in Syndicate Bank rural development plan'
SEVERAL State Governments have expressed interest in having a Syndicate Institute of Rural Development (SIRD), which promotes entrepreneurship in rural areas by tapping local skills and talent and extending necessary support, according to Mr K.M. ...
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EVENTS
NIAS course from Jan 19
THE National Institute of Advanced Studies (NIAS) in Bangalore will host a course on `Leveraging India's Advantage' between January 19 and 30. According to Mr Roddam Narasimha, Director, NIAS, the course tries to capture "that intangible ...
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Meet on opportunities in Lanka
MANGALORE: The Kanara Small Industries Association (KSIA) will hold an interactive meeting on `Business opportunities in Sri Lanka,' in Mangalore on Saturday. A press release by the KSIA President, Mr K Jayaraj Pai, said here on Friday ...
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CMS to conduct job fair
BANGALORE: The Centre for Management Studies is holding a job fair on January 10 at the college campus. According to a press release, companies that have confirmed participation at the fair include Eureka Forbes, Birla Home Finance, ...
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INTERNATIONAL TRAVEL
New centre for UK visa applications in Kochi
THE British Deputy High Commission (BDHC) in southern India has announced the opening of a new and larger visa application centre in Kochi. This office, which will provide more space and more staff to facilitate the smooth front-end processing ...
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Chennai passport office records Rs 23.84-cr revenue in 2003
THE Regional Passport Office (RPO), Chennai, earned a record revenue of Rs 23.84 crore during 2003. Last year, the revenue was Rs 16.53 crore. It also had a 15 per cent increase in passport issuance to 2.02 lakh during 2003 compared to 1.79 lakh ...
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INCOME TAX
`Bonus' announcements spell tax opportunity for investors
A SPATE of `bonus' announcements among several listed companies big and small, during the first three quarters of the financial year should help investors shelter their capital gains in the stock market, say market sources here. Budget 2003 ...
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IT rules for compounding of technical offences eased
It has also now been clarified that the CCIT/DGIT shall not reject an application for compounding of a technical offence, if all conditions prescribed in the guidelines are satisfied.
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EXPORTS & IMPORTS
Plea to scrap subsidy on natural rubber exports
The domestic tyre makers have said the subsidy gives an unfair advantage to tyre exporters in other countries in their competition with tyre exports from India.
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`Quality, consistency key to improving tea exports'
QUALITY, consistency and price should be the mantra for the year ahead for the South Indian tea industry, says the Tea Board Executive Director, Mr Vikram Kapur. "It is a well documented fact that today there is an imbalance in demand and ...
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