The Hindu Business Line : Saturday, July 31, 2004

EMPLOYMENT
Kerry promises sops to keep jobs in US
ACCEPTING the Democratic Party nomination to be the Presidential candidate in the November 2 elections, Senator John Kerry made it known that his administration will spare no effort in keeping jobs at home and that American workers would never ... More

NON-CONVENTIONAL ENERGY
Power generation from non-conventional sources — `States must tune policies to draw pvt investments'
THE Union Ministry of Non-Conventional Energy Sources will persuade State Governments to adopt a long-term power purchase policy, according to its Secretary, Mr A.M. Gokhale. The move will give the industry confidence to invest in power ... More

COURTS/LEGAL ISSUES
Panel to study proposals of Law Commission
THE Ministry of Law and Justice has constituted a Committee on Arbitration, to study in depth the implications of the recommendations of the Law Commission of India contained in its 176th Report and the Arbitration and Conciliation (Amendment) ... More

ECONOMY
Inflation remains unchanged at 6.52 pc
AFTER rising for three straight weeks, inflation remained unchanged at 6.52 per cent during the week ended July 17. This was despite prices of primary articles and manufactured products showing a rising trend, according to the data released by ... More

FOREIGN TRADE
Thailand removes India's misgivings — Coast is clear for free trade pact
THE Indo-Thailand free trade agreement will go ahead as scheduled after all. If the Prime Minister, Dr Manmohan Singh, seemed on Thursday to harbour deep misgivings about the arrangement, his morning meeting here with the Thai Prime Minister, Mr ... More

HEALTH
Eli Lilly slashes therapy cost for Sepsis by 40 pc
COMMEMORATING the achievement of its therapy for Sepsis, commonly known as blood poisoning, the global pharmaceutical major Eli Lilly has inaugurated the second `Asia Pacific Centre of Excellence on Critical Care Interventions', a three-day ... More

POWER
AP seeks IDBI aid for Godavari hydel projects
The State has also urged the IDBI to extend a special line of credit of around Rs 800 crore for specific requirements. More

Order to TNEB on multi-tenant houses
THE Tamil Nadu Electricity Regulatory Commission (TNERC) has by an order stated that the Tamil Nadu Electricity Board (TNEB) should permit the owners of multi-tenant houses to get separate service connection for each tenement in the same building ... More

AP Transco procured meters at higher rate: CAG
THE Transmission Corporation of Andhra Pradesh (APTransco) has incurred an avoidable expenditure of Rs 3.5 crore by procuring energy meters at a higher rate. The corporation had also incurred a loss of Rs 20.38 crore during 1997-99 due to ... More

TEXTILES
Plea on Khadi rebate during Onam
THIRUVANANTHAPURAM: The State Rural Development Minister, Mr C. F. Thomas, has requested the Centre that the festival-time rebate of 20 per cent for Khadi be declared ahead of Onam. Inclusive of the 10 per cent rebate that the State ... More

EDUCATION
Indian Bank loans to strengthen school buildings
THE Indian Bank has come forward to assist schools in the State in their endeavour to strengthen the buildings. The Chairman and Managing Director, Mr M.B.N. Rao, told presspersons at Tiruchi said that the bank is willing to extend loans ... More

Bangalore school gets `global' status with new educational software
THE Bangalore-based Bishop Cotton Boys' School became a future-ready educational institution, with the implementation of Lyceum, a connected Learning Solution, whose scope includes Educational ERP, a global Connected Learning Community and ... More

CINEMA
Telugu film makes waves with new colour tech
THE Telugu film industry has joined a select club of film industries worldwide using Digital Intermediary or Digital Grading, a colour correction technique used to capture the depth and brilliance of colours. The technique, which is becoming ... More

NEWSPAPERS & PUBLISHING
TN Assembly drops privilege action against newspapers
THE Tamil Nadu Assembly on Friday dropped the privilege action brought by it against The Hindu and another newspaper last November. The resolution to drop the privilege action moved by the Finance Minister, Mr C. Ponnaiyan, was passed by ... More

FOREIGN DIRECT INVESTMENT
Decision on Max India foreign equity on hold
THE Foreign Investment Promotion Board has deferred a decision on the proposal from Max India Ltd to increase foreign investment in the company from 14 per cent to 59.7 per cent following objections raised by the Department of Telecom. As per ... More

Seminar on FDI in Thiruvananthapuram
THIRUVANANTHAPURAM: The Trivandrum Insurance Institute is holding a seminar on `Budget proposal for enhancement of FDI in insurance industry and taxation of life insurance (risk) premium' on August 3. According to Mr V. K. Rajendra ... More

RURAL DEVELOPMENT
KSCB gets Rs 527-cr credit from Nabard in three years
THE Regional Office of the National Bank for Agriculture and Rural Development (Nabard) has said that it sanctioned an aggregate short-term credit limit of Rs 526.90 crore to the Kerala State Cooperative Bank (KSCB) during the last three years in ... More

TRADE & LABOUR UNIONS
CITU plans campaign in AP
HYDERABAD: The Centre of Indian Trade Unions will organise a week-long nationwide campaign beginning August 9, demanding that Government withdraw decisions that were against the interests of the working class. "We demand the Government to ... More

EVENTS
'Widening urban-rural divide will drive out investors'
STRIKING a note of sternness on the utter discard from politicians and bureaucrats for the common objective of eradication of poverty and reducing the rural and urban divide, former Prime Minister and Janata Dal (S) President, Mr H.D. Deve Gowda, ... More

Contractors hold demo in Thiruvananthapuram
THIRUVANANTHAPURAM: A joint action council of contractors' organisations staged a demonstration in front of the Government Secretariat here to press a list of demands, including release of outstanding bill amounts due to them. Other ... More

In Hyderabad today

TOURISM
Efforts on to revive the lost mangroves of Pichavaram
INDRANI and Nithya were hip-deep in the muddy waters of Pichavaram mangroves as they search for shrimps in the silt. They spend a few hours a day, during low tide, picking shrimps that will fetch them about Rs 30. A fisherman tries to net fish ... More