INDUSTRY & ECONOMY
COURTS/LEGAL ISSUES
PIL against AP Paper divestment dismissed
THE Andhra Pradesh High Court has dismissed a public interest litigation (PIL) filed by a sole litigant on behalf of a Kolkata-based brokering firm alleging that the Andhra Pradesh Government did not obtain the best price for the divestment of 25 ...
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EXCISE AND CUSTOMS
Excise on steel halved; imported coal cheaper
THE day after intense ministerial deliberations followed by the intervention by the Prime Minister, Mr Atal Bihari Vajpayee, to put a check on the spiralling prices of steel, the Government on Saturday came out with the necessary notifications to ...
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FOREIGN TRADE
Govt adds more items under SAPTA duty concession list
THE Government has expanded the list of items that can be imported from the other six signatories to the SAARC Preferential Trade Agreement (SAPTA) at preferential import duties. Besides India, the other signatories to SAPTA are Bangladesh, ...
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`EU-India meet will generate investment opportunities'
THE annual EU-India Business Summit, which is scheduled to be held in Amsterdam later this year, should help channel a majority European investments abroad into the Indian market, the Minister of Economics from the Netherlands, Mr Laurens-Jan ...
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CII team to visit Taiwan
TO explore the vast untapped two-way trade between India and Taiwan, the Confederation of Indian Industry (CII) is sending an industrial and business mission to Taiwan. The five-day mission, which begins on March 1, will see the small and ...
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HEALTH
Rapid diagnostic centre in Bangalore planned
PROF William J. Rutter, scientist and US-based corporate leader, has announced plans to set up a high-end rapid diagnostic centre in Bangalore. Addressing presspersons here on Saturday at the BioAsia 2004-Business Forum, he said the facility ...
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STEEL
Steel demand seen rising to 38 mt in 2006-07
STEEL demand, as per the report of the working group set up by the Planning Commission, has been projected at approximately 38 million tonnes in the terminal year 2006-07 of the Tenth Plan and 52 million tonnes by 2011, according to Ms Binoo Sen, ...
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TEXTILES
`Cost-effective management key to textile industry growth'
WITH intensifying competition at the global level, the Indian textile industry is at the crossroads and only quality-conscious and cost-effective units will be able to face the challenges of a global market. According to Mr B.K. Patodia, ...
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SCIENCE & TECHNOLOGY
NSTL develops underwater vehicle
LIKE an unmanned aircraft, it is possible to have an underwater, unmanned vehicle which can lay mines, launch missiles, take pictures on its own and return to the base in accordance with the instructions given through a satellite, said ...
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FASHION
NIFT clarification
NEWSPAPERS & PUBLISHING
Bennett & Coleman seeks Govt nod for Indian edition of WSJ
BENNETT, Coleman & Co. Ltd (BCCL), the publishers of The Times of India and The Economic Times, has sought permission from the Government to form a joint venture with Dow Jones & Company Inc to print and publish the Indian edition ...
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INTERVIEW
Both India and Pak need to come to their senses
THE business community of Pakistan is looking up to the leadership of both India and Pakistan to "come to their senses" and improve relations so that the two countries can not only trade with each other but also contribute to the increasing ...
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EVENTS
BioAsia forms Asian federation of biotech bodies
BIOASIA 2004, the three-day Asian bio business forum organised by the Andhra Pradesh Government and the Genome Valley here, has decided to create a platform for interaction between biotech delegates from Asian countries to continue interaction in ...
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EXPORTS & IMPORTS
Shellac EPC draws up plan to achieve target
THE Shellac Export Promotion Council (SEPC), which has targeted exports of shellac & shellac-based products of Rs 150 crore by 2006, has drawn up a mission plan to develop and promote Indian lac overseas as a brand with unique values. In a bid .
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TOURISM
Spain plans tourist office
Rise in Indian tourists in Macau
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