The Hindu Business Line : Monday, November 22, 2004

ECONOMY
Chambers' surveys find manufacturing sector buoyant
CORPORATE India's sentiments have been boosted with the Government's recent announcements such as the new foreign trade policy, setting up of National Manufacturing Competitiveness Council, Investment Commission, adequate thrust on infrastructure ... More

AP to seek alternate sources if World Bank refuses loan
THE Andhra Pradesh Government will make alternative arrangements to raise the required financial resources if the World Bank declines to release the second instalment of the Structural Adjustment Loan worth Rs 1,600 crore, according to the State ... More

`Proposals worth Rs 4,000 cr negotiated at M.P. Invest Meet'
THE PHD Chamber of Commerce and Industry (PHDCCI) has said that investment proposals worth Rs 4,000 crore were negotiated during the day-long `Madhya Pradesh Invest Meet.' The event was jointly organised by PHDCCI and Madhya Pradesh State ... More

`Parliamentarians must address issues of deprived sections'
The Hyderabad Agenda of Commonwealth Parliamentarians Association (CPS) has called for efforts to take up the task of addressing the legitimate aspirations of the deprived sections of society by using different mechanisms provided by ... More

FOREIGN TRADE
Kamal Nath to attend SAARC Ministerial meet in Islamabad
THE Union Minister of Commerce and Industry, Mr Kamal Nath, is leaving for Islamabad on Monday to participate in the 4th meeting of the SAARC Commerce Ministers to be held there on November 22-23. The meeting is expected to give a major and ... More

HEALTH
AIDS draft law to stress on non-discrimination at work place
NON-discrimination at workplace, access to services, insurance and putting in place a grievance redressal mechanism are all part of the draft legislation on HIV/AIDS in India. The draft, prepared by the Lawyers Collective, after consultations ... More

PETROLEUM
GSPC to go for second rig at K-G basin
GUJARAT State Petroleum Corporation Ltd (GSPC), which has capped off and abandoned its first well at its Krishna-Godavari block (KG-OSN-2001/3), is going for a second rig. The company that had technical discussions with the US-based ... More

PHARMACEUTICALS
DCGI for caution label on Cox II drugs
AS more skeletons tumble out of the cupboard, globally, on the safety of the Cox II family of anti-inflammatory drugs, Indian regulatory authorities too are not taking a chance. The office of the Drug Controller General of India (DCGI), the ... More

ICICI Knowledge Park plans another expansion — Third phase to be ready early next year
The third phase expansion was estimated to cost Rs 7 crore. More

TEXTILES
TUFS cell to help textile units' modernisation in Coimbatore
The cell would help investors planning updates of their projects by providing advice and clarification on the various procedures. More

SSI
2-day summit on SMEs from tomorrow
IN the backdrop of the plethora of opportunities available to small and medium enterprises (SMEs) to expand operations on a global scale, CII and the Ministry of Small Scale Industries, Government of India, are organising a two-day Indian Global ... More

EDUCATION
Surprises for CAT exam students this year too
NEARLY 1,50,000 students who took the CAT (Common Admission Test) exam on Sunday were in for a surprise, though not a nasty one like last year's. The entrance test to the six IIMs and 15 other premier business schools caught students unawares ... More

Rotary Club(Madras) to help HSBC spot schools for easy loans scheme
THE Rotary Club of Madras will help Hongkong and Shanghai Banking Corporation (HSBC) identify schools eligible for getting cheap loans under a special programme of the bank. The bank has, in collaboration with Centre for British Teachers ... More

TWO/THREE WHEELERS
Two-wheeler exports accelerate in April-Oct
DRIVEN by increased sourcing of motorcycles by foreign partners of local manufacturers, two-wheeler exports jumped by 41.3 per cent in the April-October period this year. Motorcycles exports increased by 42.45 per cent in the period to 1,44,169 ... More

REAL ESTATE & CONSTRUCTION
VUDA plans land allotment
VISAKHAPATNAM: The Visakhapatnam Urban Development Authority (VUDA) is planning to allot land at Rushikonda to a private developer for setting up a satellite township. Mr D. Srinivasulu, its Vice-Chairman, said here on Saturday that ... More

IT policy drives up realty prices in Guindy, Ambattur
WITH land and real estate prices on the Old Mahabalipuram Road (OMR) skyrocketing, property developers are turning to the old areas like Guindy and Ambattur industrial estates and the GST (the Grand Southern Trunk) Road. In the last one year, ... More

Raheja Corpn bags mandate for AP IT park, gets land
K. RAHEJA Corporation, the Mumbai-based integrated property developer, has bagged the mandate for an IT park proposed by the Andhra Pradesh Housing Board (APHB) in the public-private partnership model amid stiff competition. Following this ... More

READYMADE GARMENTS
Jeanswear market set to cross Rs 1,900 cr this year: Study
THE domestic jeanswear market is expected to cross Rs 1,900 crore this year, with about 35 million Indian consumers expected to purchase over 43 million pairs of jeans. Men make up the chunk of consumption at 76 per cent, followed by women at ... More

SCIENCE & TECHNOLOGY
Partnership for village resource centres formed
IN line with the India 2020 Vision of the President, Dr A.P.J. Abdul Kalam, the Indian Space Research Organisation (ISRO) is configuring village resource centres (VRCs) across the nation, taking into account the dynamics of rural development. ... More

DRDO drive to recruit NRI scientists
WITH a slew of challenging research projects under way, the Defence Research & Development Organisation (DRDO), has intensified its recruitment drive, eyeing mainly Non-Resident Indian scientists through an exclusive scheme. The target is to . More

RURAL DEVELOPMENT
SERP, DWCRA to be merged
THE Society for Elimination of Rural Poverty (SERP), known as Velugu, and the Development of Women and Children in Rural Areas (DWCRA) would be merged to form a new entity. The merger, that would come into force shortly, has been necessitated ... More

EVENTS

Engagements

EXPORTS & IMPORTS
IT constitutes 15.5 pc of total exports: Study
ELECTRONICS, computer software and services exports accounted for 15.58 per cent of the overall exports from India during 2003-04, according to a study. "It augurs well that the share of computer software and services are going up as a ratio to ... More

TOURISM
Untapped marvels of Malabar
AS in most other spheres of development, the northern parts of Kerala - often collectively referred to as Malabar - has suffered from a lack of attention in the case of a potentially lucrative area of business - tourism. Given the ... More