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Monday, July 05, 2004

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INDUSTRY & ECONOMY

PENSION PLANS
MFs eyeing a piece of the pension pie
`A PIECE of the pension pie' - tops the Budget wish list of the mutual fund industry. Asset management companies are hopeful that mutual fund participation in pension funds and personal equity plans (similar to the 401K scheme in the US) will ... More

HEALTH
Magnetic resonance for arthritis
IN a breakthrough effort using a non-invasive technique to regenerate dying tissues in the body that cause serious disabilities in arthritis patients, the Centre for Advanced Research and Development (CARD) has developed the `rational field ... More

Incidence of malaria high around hotels in Mangalore
MOST of the malaria cases in Mangalore have been reported from construction sites and hostel and apartment blocks, say members of the Malaria Control Action Committee. Participating in an interactive session at the Kanara Chamber of Commerce ... More

Healthcare sector seeks tax sops
HEALTHCARE must be treated on a par with the software industry to enable it to offer more effective customer service and boost demand for the country's healthcare services. In is pre-Budget wish list, Mr D.A. Prasanna, Executive Chairman, ... More

PHARMACEUTICALS
Pharma sector awaits Govt policy on commitment to IPR
STRONG signals on the protection of Intellectual Property Rights (IPR) and financial sops for clinical research will be some of the indicators that pharmaceutical industry will be watching out for, when the Union Finance Minister, Mr P. ... More

POWER
AP power cos gear up to settle consumer grievances
POWER utilities in Andhra Pradesh have chalked out an action plan for speedy settlement of consumer grievances received by the Chief Minister, Dr Y.S. Rajasekhara Reddy, during his "Rajiv Palle Bata" programme. The plan envisages creating ... More

SSI
Self-employment training for Kerala entrepreneurs
THIRUVANANTHAPURAM: The Small Entrepreneur Promotion and Training Institute, Tiruvalla, an institution under the Union Ministry of Small Scale Industries, has invited applications for training courses beginning in July/August. The ... More

WATER
BARC urged to up desalination plants in TN
THE Union Government has asked the Bhabha Atomic Research Centre (BARC), Mumbai, to set up desalination plants in Tamil Nadu and in some other parts of the country where only brackish water is available, according to the Chief Executive of the ... More

RAILWAY BUDGET
Railway Budget — Balance populism with pragmatism
AS he presents his maiden Rail Budget this Tuesday, Mr Lalu Prasad Yadav, will have to balance populism with a fragile recovery in the finances of the world's second largest railway system. Mr Yadav's predecessor, Mr ... More

PERSONAL PRODUCTS
FMCG slowdown may continue: FICCI
AN FMCG sector survey by FICCI on Sunday confirmed that this sector is not so fast moving after all and is in fact afflicted with a pronounced slowdown. FICCI found the FMCG sector grew by a mere 1.5 per cent in value terms during 2003-04 to ... More

EDUCATION
`Specialisation is key'
MANGALORE: The Vice-President of Infosys Technologies Ltd, Mangalore, Mr Narendran K., has said that specialisation is emerging as a key factor in all fields. He was inaugurating the pre-counselling guidance programme for professional ... More

GEMS & JEWELLERY
`Despite higher prices, gold jewellery sector shining'
THE gold jewellery market has grown steadily around 20 per cent in the last four years, despite a 40 per cent increase in gold prices, according to Mr Princeson Jose, Director, Prince Jewellery. Mr Jose told Business Line at the ... More

READYMADE GARMENTS
Apparel park for women slated to open at Kalamassery Industrial Area
THE Kerala State Industries Department is readying an apparel park at Kalamassery Industrial Area exclusively for women entrepreneurs. The park, which is slated to open next month, will be used for designing and manufacturing of apparel, aimed ... More

Apparel exporters gear up to tap US markets after quota phase-out
INDIAN apparel exporters seem to have trained their eyes on the US cotton knit shirt and trouser market. Exporters are aggressively gearing up to tap the huge US market for these products, following the phase-out of quantitative restrictions from ... More

CINEMA
Plea for props to boost Kerala film sector
VETERAN film director `Navodaya' Appachan has urged the State Government to accord industry status to the film sector, which was just the badly-needed booster that would help it turn the corner and be a profitable proposition in the future. ... More

RURAL DEVELOPMENT
Sam Vikas Yojana in Dindigul
MADURAI: The Centre has selected Dindigul district for implementation of development works for an estimated cost of Rs 45 crore under the Rashtriya Sam Vikas Yojana for 2004-05. According to the District Collector, Mr S. Murugaia, the ... More

EVENTS
English Edition book fair at Secunderabad
HYDERABAD: English Edition, a Mumbai-based publisher and distributor of books, has opened a 10-day book fair at YMCA in Secunderabad here on Sunday. The "Festival of books" fair showcases over one lakh titles including a variety of Indian ... More

ECONOMIC OFFENCES
Turning black money into `light' ?
As part of their Budget 2004-05 wish list, lending institutions in the power sector have suggested that the Union Government issue power sector bonds aimed at those interested in converting black money into mainstream investments. India has set ... More




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Top Stories
Scanty rainfall slows down rice, cane sowing


FMCG slowdown may continue: FICCI

Inflation fears hang over bond markets

Not by bank credit alone

Railway Budget — Balance populism with pragmatism

Holding nerves for Budget day

Looking back
Jun. 27-Jul. 3
`Indian companies will gain from China foray'

Got an interview call? Travel by train at 50 pc discount

Modest spurt in apparel exports in April-May

Farm credit package sparks optimism among tractor makers

Foreign investors more upbeat on India: FICCI

Singapore is streets ahead of India in biotech race

Rubber shortage forces tyre cos to import more

Spices exports double in Apr-May

BIS highlights India's challenges

Cement companies adopt innovative cost-cutting measures

PSU insurers unhappy with TPAs — Mounting claims ratio, poor customer service

PM for `Chinese model' of rural business hubs

Nation-wide network to link sales tax commissionerates

Current account surplus doubled last fiscal

Increased capital investment flows boost forex kitty

Cable industry favours broadcast legislation

A bevy of economic Bills in Budget session

CII calls for cut in corporate tax

Cement majors' offtake lacklustre in June


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