INDUSTRY & ECONOMY
OUTSOURCING
British MPs' team backs outsourcing
MEMBERS of a British women MPs delegation on Saturday came out in support of outsourcing of jobs to India saying that the US Government has shown double standards by enacting its recent legislation against business process outsourcing (BPO). ...
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FOREIGN TRADE
`EU-India relationship to develop further'
THE developing relationship between members of the European Union and India will continue to develop further from the point it has already reached in the last EU-India Summit held in November 2003. This was announced by Mr Francisco da Camara ...
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TAXATION
Service tax: MFs seek to hike loads
ASSET management companies are lobbying with the Securities and Exchange Board of India to let them charge service tax to investors over and above expenses. If allowed, it would mean higher entry and exit loads on mutual fund schemes. A top ...
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No service tax for training institutes till June 30
COMMERCIAL training or coaching services provided by vocational training institutes, computer training institutes or recreational training institutes will not attract service tax until June 30. The Finance Ministry has now extended the service ...
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TEXTILES
WTO issues: No consensus among textile bodies
WILL the absence of consensus between various textile industrial associations on crucial issues such as fiscal policies and tax anomalies prove spoil-sport on India's handling the World Trade Organisation (WTO) related disputes? The lack of ...
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Textile revamp fund yet to take off
THE widely perceived view that the textile reconstruction fund (TRF) to bail out the debt-trapped textile accounts announced by the Finance Ministry four months ago is still a non-starter. The fund has found its echo in the Southern India Mills ...
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MANAGEMENT
IIM fee cut `is no interference'
Govt ready to fill any gap: Sanjay Paswan
THE drastic cut in the annual fee for the post-graduate programmes in the Indian Institutes of Managements (IIMs) is not an interference in the autonomy of these institutions, according to the Union Minister of State for Human Resources ...
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IIM fee slash a retrograde step: Murthy
"IT is a retrograde step, a momentous decision taken without analysis," said Mr N.R. Narayana Murthy, Chairman and Chief Mentor, Infosys, of the recent fee slash for IIMs. In his opinion, nobody should come in the way of these institutes of ...
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EDUCATION
IIMA may take lead in resolving fee issue
THAT things were not all right between the Indian Institutes of Management and the Union HRD Ministry became evident during the days of the Common Admission Test (CAT) question paper leak in November last. Now, events have come a full circle with ...
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CARS
Car sales zoom in January
JANUARY seems to have been a mega month for passenger car sales, what with almost all automobile companies recording high double-digit growth. While Maruti's January sales jumped by 30 per cent, Hyundai Motor India's sales registered 66 per ...
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PAINTS
Paint cos gearing up to meet auto sector needs
SUPPLYING to the automobile industry is both attractive and difficult. Compared to last fiscal, the total 2004 domestic vehicle sales for the April-December period was up 11.51 per cent, from 44,54,968 units to 49,67,995 units. Certainly a sector ...
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NEWSPAPERS & PUBLISHING
Planners overlooking print media advantages
ARE newspapers losing advertisements to the new media? Does print still work? If so, how? These are some of the questions the Impact Multiplier Theory attempts to answer. The Impact Multiplier Research Initiative is a study that was conducted ...
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DISINVESTMENT
Hindustan Newsprint sell-off llikely to be deferred
THE Union Ministry of Disinvestment is understood to have deferred the process of disinvesting the Government's equity shares in Hindustan Newsprint Ltd (HNL) till further notice. The process has been on for over a year. Altogether nine ...
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TRADE & LABOUR UNIONS
Concern over marginalisation of working class
THE growing marginalisation of the working class as a result of the process of globalisation is a cause for great concern, said Dr M.K. Pandhe, President, Centre for Indian Trade Unions (CITU). He made this observation while inaugurating the 13th ...
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EVENTS
GCC-India industrial meet on Feb 17-18
THE GCC-India Industrial Conference, to be held in Mumbai on February 17 and 18, will launch the first formal economic dialogue between the countries of GCC and India and provide a useful foundation for economic cooperation between India and the ...
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