INDUSTRY & ECONOMY
ACCIDENTS
Electrical safety audit is vital, says expert in loss prevention
MORE than 45 per cent of reported fire accidents are traced to electrical problems. Even in the best-managed industries, a sense of laxity exists when it comes to safety in electricity matters, according to Mr T.V. Viswanathan, Managing Director, ...
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CLIMATE & WEATHER
2004: Fourth warmest year
THE global mean surface temperature in 2004 is expected to be +0.44°C above the 1961-1990 annual average (14°C), according to records maintained by members of the Geneva-based World Meteorological Organisation (WMO). This places 2004 as the ...
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COURTS/LEGAL ISSUES
IP Appellate Board dismisses plea to cancel trademark
THE onus of proof of any alleged contravention or failure to observe a condition entered on the register of trademarks lays on the applicant seeking the High Court's order for rectification of the register in respect of a registered trademark, ...
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ECONOMY
Finance Commission proposes marginal tilt in favour of grants — For equalisation principle between States
ECONOMICALLY backward States may have reason to cheer over the recommendations of the 12th Finance Commission. The Commission has, in its report, suggested a marginal tilt in favour of grants in the balance between devolution of taxes and grants, ...
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Step up investment in social sector: Amartya
NOBEL laureate Prof. Amartya Sen today said that the achievements of Indian democracy are still far short of what public reasoning could do in a democratic society, if it addresses less conspicuous deprivations such as endemic hunger, even as ...
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`Governments must expand public-private partnerships'
"THE job of today's practitioner of public diplomacy is indispensable to the conduct of foreign policy, and its ultimate goal is to foster mutual understanding between people and nations." Speaking on `Public Diplomacy as PR in the era of ...
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Inflation falls on cheaper primary products
THE annual wholesale price index-based inflation fell for the second consecutive week to 7.02 per cent for the week ended December 4, as against 7.3 per cent during the previous week. The point-to-point inflation fell by 0.28 per cent as ...
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Kerala Govt claims 100-day action plan a success
THE State Government has claimed that most of the targets set under its 100-day action plan, which comes to an end on December 17, have been achieved. The Chief Minister, Mr Oommen Chandy, told newspersons here that the plan was aimed at ...
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ENGINEERING
`15-30 pc energy savings possible in compressors'
THE energy savings potential in compressors used in a variety of industries in the country has been pegged at Rs 2,500 crore. Mr H.N. Daruwalla, Vice-President (Electrical and Electronic Services) of Godrej & Boyce Manufacturing Company Ltd, ...
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FOREIGN TRADE
FTAs will drive India's future trade: Kamal Nath
THE Union Minister for Commerce and Industry, Mr Kamal Nath, on Friday said that 60 per cent of India's future trade would be accounted for by free trade agreements (FTAs), and with such countries as Paraguay, Argentina, Brazil, Pakistan and even ...
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Ministry consults industry on tariff issues for Thailand FTA
THE Ministry of Commerce and Industry is currently in consultation with Indian industry to identify the sensitive items for India on which some or no tariff concessions will be offered while negotiating the FTA with Thailand. The present FTA ...
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Thai offers special package for software investments
THAILAND has come out with a special package for investments for the software industry, Mr Thamrong Mahajchariyawong, Assistant General Secretary, Board of Investment, Government of Thailand, said today. Speaking at a seminar on `Business ...
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HEALTH
Work pressures telling on health of IT pros: Study
YOUNG. Earning high salaries. Punctuates long working hours with junk food, coffee and aerated drinks. Holds the latest hand-held devices and speaks a language filled with IT jargon. Perhaps, these attributes could best describe IT and ITES pros. ...
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Conference of doctors in Hyderabad
HYDERABAD: The Apollo Group of Hospitals is hosting an international conference for practising physicians here on December 25 and 26. The conference will focus on issues such as career opportunities for Indian doctors in the US and ...
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INFRASTRUCTURE
Industry bodies to make joint bid for cluster project in Coimbatore
IN a decision that would hasten the sanctioning of the Centrally-assisted Industrial Infrastructure Upgradation Scheme (IIUS) for Coimbatore, three premier industrial associations — the Southern India Engineering Manufacturers' Association ...
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PETROLEUM
GAIL moots mega hydrocarbon transmission entity
GAIL (India) Ltd has mooted the formation of a Government-owned mega hydrocarbon transmission company by unifying the extensive network of pipelines in the country. Mr Proshanto Banerjee, Chairman & Managing Director, has written a letter to ...
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ONGC approaches bankers to raise $ 600 m for Sudan project
OIL and Natural Gas Corporation has approached Indian and foreign bankers to raise $600 million for financing a refinery expansion project in Sudan, which was awarded to its subsidiary, ONGC Videsh Ltd. The company has asked banks to help ...
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POWER
Power Ministry told to consult Left, States on Electricity Act
CONCEDING to the Left parties' demand for a review of the Electricity Act 2003, the Prime Minister, Dr Manmohan Singh, has directed the Power Ministry to consult the Left parties and State Governments before bringing the matter to the Cabinet. ...
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Oil PSUs keen to bid for Bidadi power project
THE domestic public sector oil companies have expressed interest in bidding for gas supply to the 1400-MW Bidadi power project in Karnataka. But their hopes of securing fixed price contracts from international suppliers have so far failed to ...
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APERC public hearings on power tariffs
HYDERABAD: The Andhra Electricity Regulatory Commission (APERC) proposes to conduct public hearings on tariff proposals for 2005-06, filed by the State utilities, from January 31 to February 8, at Hyderabad, Warangal, Visakhapatnam and ...
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TEXTILES
ICMF, SIMA urge textile cos to integrate facilities
THE Southern India Mills Association (SIMA) and the Indian Cotton Mills Federation (ICMF) have called upon the textile companies in the country to set up integrated facilities and work towards international production standards to become globally ...
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WATER
Vizag civic body urges Govt to hand over water supply scheme
THE Visakhapatnam Municipal Corporation (VMC) has urged the State Government to hand over the operation and maintenance of the Visakhapatnam Industrial Water Supply Scheme to it and the council resolution has been submitted to the Government for ...
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SCIENCE & TECHNOLOGY
KSCSTE announces research fellowships
THIRUVANANTHAPURAM: The Kerala State Council for Science, Technology and Environment (KSCSTE) has announced the results of the KSCSTE research scholarships for 2004. According to Dr K.R.S. Krishnan, Director, the fellowships are awarded ...
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PACKAGING
COMMODITY COMMENTARY
Make packaging mandatory for refined oils
IS the Union Government compromising its responsibility to protect consumer interest by delegating the powers of implementing the country's food laws to State Governments? The view that the Centre is neither willing to assume any responsibility ...
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RURAL DEVELOPMENT
Grameen Bank readies draft legislation on micro credit
THE Grameen Bank (GB) of Dhaka will be submitting draft legislation on micro credit to the Bangladesh Government next month. The father of the micro finance institutions and the Managing Director of the GB, Prof Muhammad Yunus, told Business ...
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Moulding a livelihood
A potter working at the Keezhumad Khadi and Village Industries Cooperative Society. The society, which was floated 60 years ago as a service society, was converted into a production unit for flowerpots and roof-tiles in the '80s on a Rs 10-lakh ...
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Share Microfin to expand activities
SHARE Microfin Ltd (SML), an Indian partner of the Bangladesh - based Grameen Trust, plans to open additional branches taking its network to 500 branches in the country by 2009. During this period, it also plans to provide services to 1.2 ...
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Brand name for SHG products
MADURAI: The products manufactured by self-help groups (SHGs) under Mahalir Thittam in Madurai district will henceforth be marketed under a single brand name `Mahumati'. The District Collector, Mr D. Raajendiran, disclosed this at a ...
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HUMAN RESOURCES
Call for `user friendly' contract norms
EXPERTS have called for an attitudinal change towards contract labour, adding that while the Government should introduce "user-friendly" contract regulations, companies should also offer benefits including insurance cover and preferential ...
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EVENTS
Dubai launches Business Bay city
THE Dubai Government has launched the Business Bay city to put the UAE on the world map as a leading business centre. The new city will occupy an area of 64 million sq. ft. and aims to build a new business capital for the region. Business Bay, ...
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In Hyderabad today
TOURISM
Single-stop clearance for tourism sector urged
THE tourism sector will come under the spotlight here on Saturday with the Minister for Tourism, Ms Renuka Chowdhury, scheduled to make a presentation on the sector to the Prime Minister's Committee on Infrastructure. "We want to have a ...
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Kerala Govt's assurance to tourism industry
TOURISM is a high-priority area for the State Government and it will do all it can to facilitate the growth of State's tourism and hospitality industry, said Mr K.C. Venugopal, State Minister for Tourism. Speaking at a seminar on `Kerala ...
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