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Tuesday, October 05, 2004

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INDUSTRY & ECONOMY

EMPLOYMENT
H-1B visa cap: Is there still hope for Indian techies?
Researchers point out that the job losses were the direct consequence of various measures, including the shipping of work to low-cost countries and the use of H-1B visas, which can be used to import computer programmers and other skilled workers. More

CLIMATE & WEATHER
Torrential rain wallops Kerala
Moderate to isolated heavy rains will continue in the next 48 hours, say weather experts. More

ANTI-DUMPING
Mid-term review of duty on HAS imports
THE Designated Authority in the Commerce Ministry has initiated a mid-term review of anti-dumping duty on imports of hydroxyl amine sulphate (HAS) from the EU, the US and Japan. BASF, Germany, one of the exporters of HAS from the EU, has filed ... More

FOREIGN TRADE
Bengal keen to bridge the Gulf with investors
WEST Bengal has made its first exploratory foray into the Gulf region in a bid to attract investors to participate in the State's key growth areas of downstream petrochemicals, agro-based industries and special economic zones. Mr Nirupam Sen, ... More

India, Korea ink pact on IT
INDIA and Korea on Monday agreed to promote co-operation in the field of Information Technology. In a joint statement signed by the IT and Communication ministers of the two countries, it was agreed to provide a fillip to the investment flows ... More

HEALTH
Ranbaxy asks doctors to prescribe Rofibax only for short-term use
FOLLOWING the withdrawal of painkiller and arthritis drug Vioxx (Rofecoxib) by Merck and Co due to side effects such as heart-attack and stroke, Ranbaxy Laboratories Ltd has sent out an advisory to physicians urging them to prescribe its version, ... More

`Right to sight' by 2020
THE International Agency for the Prevention of Blindness (IAPB) has been entrusted an estimated outlay of $2 billion over the next 15 years to ensure that no one is denied the fundamental right to sight. The newly elected President of IAPB, a ... More

India to develop anti-diabetic drug
THE country is likely to be the pathfinder for developing an anti-diabetic drug from the sea. According to the Advisor of the National Institute of Ocean Technology , Department of Ocean Technology, Chennai, Mr B.R. Subramanian, current ... More

INFRASTRUCTURE
IIMB students, staff, IT cos protest against bad roads in Bangalore
AFTER months of negotiating on pothole-filled Bannerghatta Road, the staff and students of the Indian Institute of Management, Bangalore, and the employees of several companies located on the road, took out a protest march on Monday. More than ... More

PETROLEUM
IOC aims to apply FMCG tactics in oil retailing
INDIAN Oil Corporation is consciously involved in a brand building exercise and wants to become an FMCG company, according to Dr N.G. Kannan, Director (Marketing). Speaking to newsmen in Coimbatore on Saturday, Dr Kannan, said IOC, which has a ... More

POWER
NLC gets Govt nod for Mine-II expansion
NEYVELI Lignite Corporation Ltd today announced that the Union Government has approved its expansion proposal for increasing the lignite production capacity of second mine from 10.5 million tonnes per annum to 15 million tonnes per annum and for ... More

STEEL
Intelligentsia for expansion of Vizag Steel Plant capacity
A CONVENTION of intellectuals, political leaders, and social activists from the coastal districts has urged the Union Government to take immediate steps to enhance the capacity of the Visakhapatnam Steel Plant in phases from the present 3.2 ... More

TAXATION
Direct tax collections for April-Sept up 33.16 per cent
AIDED by healthy mop-up on the income-tax front, direct tax collections of the Central Government increased by 33.16 per cent during April 1-September 28 to touch Rs 44,143 crore as against Rs 33,150 crore in the same period last year. The ... More

Karnataka: GMCI plea to review scope of special entry tax
THE Greater Mysore Chamber of Industry (GMCI) has urged the State Government to reconsider the decision to enlarge the scope of the special entry tax as it would affect the business severely. The new levy came into force from October 1 and it ... More

TEXTILES
Price crash on the horizon for textile exporters: Report
COME January 2005, and the biggest nightmare of textile manufacturers may well become reality. With the quota regime on global textile trade on its way out, prices are expected to crash like never before and analysts expect an immediate fall of ... More

WATER
De-fluorination plant installed in Warangal
TATA Projects and the Federation of Andhra Pradesh Chambers of Commerce and Industry (Fapcci) have installed a de-fluorination plant with a capacity of 24,000 litres in Gangadevipalli village in Warangal district. The plant can provide water ... More

RADIO/TV
Cricket rights to DD subject to SC ruling
THE Board of Control for Cricket in India (BCCI) may have offered the telecast rights of the forthcoming series between Australia, South Africa and India to the national broadcaster, Prasar Bharati, but this too would be subject to the Supreme ... More

EDUCATION
UK Minister coming to Hyderabad
THE British Minister for School Standards, Mr David Miliband, will be in Hyderabad on Wednesday, to participate in a series of education related activities, especially focussed on school initiatives. Mr Miliband will visit, what is said to be ... More

  • Course on global trade
  • Corpn Bank lecture

    FOODS & FOOD PROCESSING
    Bengal receives Rs 400-cr proposals in food processing
    WEST Bengal has received proposals worth Rs 400 crore for investment in food processing for the current financial year, said the Chief Minister, Mr Buddhadeb Bhattacharjee, at `Food Tech India 2004', an international exhibition organised by the ... More

    READYMADE GARMENTS
    Readymade exports show buoyant trend
    WITH the deadline for the end of the quota regime in global trade in textiles and clothing drawing closer, the country's exports of readymade garments to quota-restricted countries displayed buoyant trends during the first five months of the ... More

    BIO-TECH & GENETICS
    ICAR focusing on genetic improvement of rice
    THE Indian Council of Agricultural Research (ICAR) is moving forward in functional genomics and has already formulated a Rs 32-crore project that would initially focus on the production of transgenic rice variety, which would be resistant to ... More

    SCIENCE & TECHNOLOGY
    Bet on `MEMS' after IT
    THE micro electro mechanical system (MEMS) is likely to be the next technological forte of India after information technology, according to the Vice-Chancellor of Madurai-Kamaraj University (MKU), Dr P.K. Ponnuswamy. Presiding over a ... More

    Defence, industry joint venture firms in offing
    One of the first such initiatives under this `GoCo' model has been floated with the target of indigenously developing Servo Valves. More

    NEWSPAPERS & PUBLISHING
    Two Oman dailies to use BodhTree ePaper solution
    BODHTREE Consulting, an IT consulting and product development company, today signed a licence agreement to provide its latest ePaper publishing solution to Times of Oman and Al Shabiba, two leading newspapers in Oman, to enable the ... More

    RURAL DEVELOPMENT
    HPCL's Rasoi Ghar project — Weaning rural areas away from firewood
    IT'S called killing two birds with the same stone — Hindustan Petroleum Corporation Ltd (HPCL) is doing precisely that as it executes its LPG Rasoi Ghar (community kitchen) project across the rural heartland. First and foremost, the idea ... More

    LABOUR REFORMS
    PM recognises concerns over `hire and fire' policy
    THE Prime Minister, Dr Manmohan Singh, on Monday recognised the workers' concern over the `hire and fire' policy pursued by the industry globally. He said that while one has to recognise the need for flexibility in labour laws, endorsement of the ... More

    TRADE & LABOUR UNIONS

  • Nabard staff strike today

    EVENTS

  • In Hyderabad today

    NATURAL CALAMITIES
    Agrarian crisis in Andhra Pradesh
    The extensive nature of the agrarian crisis in Andhra Pradesh is now widely known. But it is not more generally recognised that what has already happened in that State is actually replicating itself to varying degrees across rural India. In this edit ion of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate some of the problems affecting Andhra Pradesh agriculture, and the wider background in which they have occurred. More

    TOURISM
    KTM proves a tourism booster, say organisers
    THE just concluded Kerala Travel Mart 2004, the prestigious event to showcase the State outside the world, will help boost the tourist inflow into the State on account of the large number of participation of buyers from various parts of the ... More

    KTDC draws up infrastructure expansion plan
    THE Kerala Tourism Development Corporation (KTDC) has drawn up a 10-year plan for upgrading and expanding infrastructure and setting up properties in new destinations, Mr M.N. Gunavardhanan, Managing Director of KTDC, has said. To begin with, ... More

  • `Holiday at Kerala' pacts



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  • Top Stories
    Agrarian crisis in Andhra Pradesh


    Ranbaxy asks doctors to prescribe Rofibax only for short-term use

    Pilani knows its Investment

    Readymade exports show buoyant trend

    SIPs gaining weight among retail investors

    GM's plan to bid out IT deals may benefit Wipro

    Bankers do field work, literally!

    Looking back
    Sep. 26-Oct. 2
    `We do not want foreign funds to take us over'

    Consumer durables becoming dearer this festive season

    `Thai trade pact no threat to CTV sector'

    UP mills contract 40,000 t sugar imports

    ONGC to ramp up crude production

    PSBs shaping up for bigger global push

    Sethusamudram project draws flak from environmentalists

    The Hindu Opportunities Fair from Oct 15

    Block rubber shoots up as exports spurt

    Fiscal deficit for Apr-Aug higher

    External debt at $112.6 b

    Oilseed exports up sharply

    Traditional items push April exports up 34%

    ONGC chief blames Govt policy for oil sector woes


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