The Hindu Business Line : Friday, May 21, 2004

BUDGET
Budget likely in July
THE Finance Ministry expects the 2004-05 Union Budget's presentation to take place around the first or second week of July. "We have not received any intimation so far. All we can say is that the Vote-on-Account, tabled as part of the outgoing ... More

COURTS/LEGAL ISSUES
`It's only a matter of time before NCLT is formed'
"IT is only a matter of time before the national company law tribunal is constituted. It may take place before the end of the calendar year or the financial year. There are no major hurdles," said Mr S. Balasubramanian, Chairman of the Company ... More

ECONOMY
Roadmap for elimination of revenue deficit on agenda
A DETAILED roadmap laying down specific milestones for achieving a zero revenue deficit by 2008 would be among the first policy initiatives to be unveiled by the new United Progressive Alliance (UPA) Government at the Centre. This is seen to ... More

HEALTH
Training in first aid
MANGALORE: Dakshina Kannada Police and Omega Hospital, Mangalore, have come out with a programme to provide first aid training to policemen and autorickshaw drivers in the city. Addressing presspersons here on Thursday, the Additional ... More

PETROLEUM
ONGC offers reduced tariffs to power, fertiliser units
ONGC has offered concessional tariffs for gas supplies to power and fertiliser plants from its proposed liquefied natural gas (LNG) terminal to be located near Mangalore. ONGC, along with Petronet LNG Ltd has proposed setting up a 5-million ... More

IOC's Xtrapremium petrol
MANGALORE: The Indian Oil Corporation launched Xtrapremium petrol here on Thursday. Addressing the gathering at the launching ceremony, Mr Soman Mathews, Senior Divisional Retail Sales Manager, said that Xtrapremium is being introduced ... More

POWER
Free power, waiving of arrears to boost power utilities' cash flow
CONTRARY to general perceptions, waiving of power tariff arrears and provision for free power to farmers in Andhra Pradesh is expected to increase the cash flows of the power utilities in the State. The two populist measures are expected to ... More

TYRES
Demand for truck, bus tyres seen growing 5%
TRUCK and bus tyre production staged a comeback in March to touch 9.43 lakh tyres, which is the second-best production performance by the members of the Automotive Tyre Manufacturers' Association (ATMA) during fiscal 2003-04. The production ... More

EDUCATION
ICFAI programme
HYDERABAD: The three-day national faculty development programme of ICFAI University began here on Thursday for the heads of departments of engineering and degree colleges and faculty members of business schools spread across the country. ... More

AUTOMOBILE COMPONENTS
Auto component makers eyeing Russia
ENCOURAGED by the growing competitiveness of the Indian automotive component sector, automotive component manufacturers, under the aegis of the Automotive Component Manufacturers Association of India (ACMA), are now looking at exploring new ... More

INDUSTRY ASSOCIATIONS
Industry hails Manmohan's economic policy outline
THE Prime Minister-elect, Dr Manmohan Singh's views on the economic policy intent of the new Congress-led coalition has been welcomed by corporate India. According to the Federation of Indian Chambers of Commerce and Industry President, Mr ... More

PHOTOGRAPHIC & ALLIED PRODUCTS
EPSON to organise seminars on digital photography
EPSON today announced it would be launching the EPSON Print Academy series of seminars in India. EPSON Print Academy is a forum created by EPSON to further the cause of digital photography and printmaking. After successfully conducting over 20 ... More

DISINVESTMENT
No privatisation of strong PSUs, says Manmohan — Govt holding in banks won't go below 51 pc
WITH coalition partners, including the Left parties, closely watching his every step, the Prime Minister-elect, Dr Manmohan Singh, on Thursday said that the United Progressive Alliance (UPA) Government would not privatise strong public sector ... More

EVENTS

In Hyderabad today

EXPORTS & IMPORTS
EOUs seek level playing field with SEZs
THE Confederation of Export Units representing 100 per cent export-oriented units (EOUs) spread across the country on Thursday pleaded for "a level-playing field" between EOUs and the units located in the Special Economic Zones (SEZs). This is ... More