The Hindu Business Line : Thursday, January 22, 2004

ANTI-DUMPING
Provisional dumping duty on flexible slabstock polyol
THE Finance Ministry has imposed provisional anti-dumping duty on all imports of `Flexible Slabstock Polyol (molecular weight 3000 to 4000)' from China, South Korea, Taiwan and Brazil. Sources said that Manali Petrochemical Ltd, the sole ... More

AUTOMOBILES
Indian auto cos invited to join SAE 2005 meet
THE Society of Automotive Engineers International hopes to have a good Indian participation at the 2005 edition of its international congress, which will also be the society's centenary anniversary. The congress, held annually in Detroit, ... More

ECONOMY
Infrastructure industries growth at 5.9 pc in Dec
THE country's six core infrastructure industries have registered a growth of 5.9 per cent in December 2003, as against 4.4 per cent in the corresponding period last year. As per the latest official data, the impetus for this growth has come ... More

Nine pc growth possible: Reddy
THE Indian economy can reach a GDP growth rate of 8-9 per cent provided fiscal reforms are carried out, said the RBI Governor, Dr Y. V. Reddy, on an optimistic note, here. ``Eight to nine per cent annual growth in GDP is achievable when we have ... More

ACCOUNTANCY
ICAI in talks with Govt for practising abroad
THE Institute of Chartered Accountants of India (ICAI) is discussing the issue of mutual recognition agreement in terms of GATT Secretariat recommendations with the Union Ministry of Commerce. This is to pave the way for Indian accountancy ... More

FOREIGN TRADE
FIEO signs pact with Azerbaijan Chamber
THE Federation of Indian Export Organisations (FIEO) has signed a memorandum on cooperation with the Azerbaijan Chamber of Commerce and Industry (ACCI) in Baku (Azerbaijan). A statement issued by the Federation held that the memorandum would ... More

PETROLEUM
LNG price being finalised for fertiliser units
WITH the first shipment of liquefied natural gas (LNG) from Petronet LNG due to arrive next week, the Government is in the process of finalising LNG prices for the gas-based fertiliser units within the next few days. According to highly placed ... More

2 new crude storage facilities proposed
INDIA'S import dependence to meet crude oil requirement will rise from the current 70-per cent level to over 94 per cent by 2030 if fuel efficiency and alternative sources of energy are not encouraged, according to the International Energy Agency ... More

POWER
APTransco begins purchase thru PTC
THE Andhra Pradesh Power Transmission Corporation (APTransco) has started purchasing about 300 MW of power through the Power Trading Corporation (PTC) to augment and meet the increasing demands. The Corporation plans to purchase power for ... More

TEXTILES
Salem textile producers float new trade body
THE Salem-based textile manufacturers have taken a leaf out of the book of Tirupur knitwear exporters in the field of readymade knitted garment exports. Members of the Salem cotton textile producers, predominantly belonging to the ... More

EDUCATION
Revamp primary education set-up, Centre tells AP
Five districts in the State, including Hyderabad and Kurnool, accounted for 62 per cent of the out-of-school children in the State. Mahaboobnagar has the dubious distinction of having 1.35 lakh children, while the State capital had 49,360. More

GEMS & JEWELLERY
MP Jewellers plans to restart exports
THE Kolkata-based jewellery retailer and wholesaler MP Jewellers is planning to resume exports from 2005. The company, which was set up before Independence, will turn 60 on January 26. Addressing a press conference here on Wednesday, Mr C.K. ... More

SCIENCE & TECHNOLOGY
Centre for simulators flagged off at BHEL research unit
A CENTRE of Excellence (CoE) for simulators set up with an investment of Rs 3.8 crore was been declared operational at the corporate R&D unit of BHEL by Mr Virendra Kumar, Director. The centre would be utilised to improve plant dynamics, ... More

GENDER
NCW to discuss sexual harassment
HOW far have the guidelines and norms laid down by the Supreme Court of India with regard to prevention and dealing with sexual harassment of women at workplaces in India being put into practise? In its efforts to find out the implementation ... More

SECURITY
Will Gorshkov propel India into a `blue water navy'?
IT is a free gift that would cost upwards of $1.6 billion. Worse, it will take another four years to be delivered. The mighty Russian aircraft carrier, Admiral Gorshkov, will arrive on Indian shores by 2008, by when the country's only aircraft ... More

EVENTS

Hyderabad engagements

INCOME TAX
Corporates can now file TDS returns online — Infosys first to use tax info network facility
INFOSYS Technologies Ltd has become the first company to file an e-TDS return through the national Tax Information Network (TIN). The network was officially launched by the Finance Minister, Mr Jaswant Singh, here today. Speaking to ... More

EXPORTS & IMPORTS
Guarded optimism over foodgrain export policy
THERE is mixed response within the exporting community to the Government's new foodgrain export policy, enabling exporters to undertake direct grain purchases and claim re-imbursement on freight and other `WTO-compatible' costs. This is as ... More

Nasscom estimates $12 b software exports this year
PROJECTING a 26-28 per cent growth in software and services exports in 2004, the National Association of Software and Service Companies (Nasscom) is keen to explore new markets in East Asia - - Japan, Taiwan and China. "We have already ... More

TOURISM
Cultural village inauguration near Golconda Fort
THE much-awaited inaugural of `Taramati Baradari Cultural Village near the historic Golconda Fort will be held on February 4, marking a new era in the tourism industry in the State. The Rs 6-crore project, named after the musician Taramati ... More