Financial Daily from THE HINDU group of publications
Monday, January 31, 2005
Financial Daily from THE HINDU group of publications Monday, January 31, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Severe Northern winter is in line with global pattern India happens to be at the receiving end of a severe winter weather system along with the Northern hemisphere. More
Session on weather forecasting to bring out vision document ECONOMY 
`Coalition politics has slowed reforms' — Lord Meghnad Desai, former professor, London School of EconomicsI have always thought that only a BJP-Congress coalition can really work. All economic newspapers should be advocating a BJP-Congress coalition government — a grand coalition. Only then can you get 8 per cent growth. More HEALTH Apollo sets up PET scan unit in Hyderabad APOLLO Gleneagles PET CT Scan Ltd, a 50:50 joint venture between Apollo Hospitals and Singapore-based Gleneagles Ltd, has announced the setting up of a Rs 30-crore PET-CT scanunit in Hyderabad. The unit would open bookings for tests next ... More
KPCB plea on biomedical waste INFRASTRUCTURE 
Hind Construction to work on Chennai bypassHINDUSTAN Construction Co Ltd will construct the proposed four-lane Chennai bypass phase-II at a cost of Rs 480 crore, while joint venture firm Somdatt-Simplex will build grade separators (flyovers), costing Rs 200 crore, at three junctions in ... More PSU Rehab Plantations posts profit THIRUVANANTHAPURAM: The public sector Rehabilitation Plantations Ltd has earned a profit before tax of Rs 1.15 crore during the first half of the current fiscal, said a company release. It has also announced an interim dividend of 7.5 per ... More PETROLEUM Plan to set up regulatory mechanism for petroleum sector THE Government proposes to set up a regulatory mechanism for the petroleum sector, on the lines of the ones in power and telecom, to protect consumer interests, according to the Union Minister for Law and Justice, Mr H.R. Bharadwaj. Mr Bharadwaj ... More POWER DVC revives Balpahari dam project plan Efforts were on to prepare an alternative proposal so as to enhance the proposed project's catchment area in Jharkhand. More
NLC in pact with REC for funds
Kerala: `Computerised billing a mess'
Gujarat to spend Rs 10,000 cr on new power generation capacity
APERC defers public hearing TAXATION VAT panel yet to decide on purchase tax on foodgrains THE 4 per cent purchase tax on foodgrains currently levied by States such as Punjab and Haryana continues to be a thorny issue for the Empowered Committee of State Finance Ministers on Value Added Tax (VAT). The VAT panel is yet to firm up its ... More
Fertilisers, pesticides may be exempt from VAT
Delhi VAT rules likely in a fortnight
What VAT will mean to TN
TN foodgrain traders protest TEXTILES TN job-work powerloom owners back at work THE job-working powerloom units in the district which had stopped loom operations for the past two weeks, demanding hike in the fabric conversion charges, resumed work from Saturday. This follows an intervention by the State Government ... More WATER World Bank to aid EPTRI study on water pollution THE World Bank has awarded the city-based Environmental Protection Training and Research Institute (EPTRI) a study on `Regulatory reform for water pollution management.' The findings of the study would be used for setting up an urban local ... More COAL Mahanadi Coalfields floats tender for EoIs to develop 3 mines MAHANADI Coalfields Ltd (MCL), a wholly owned subsidiary of Coal India Ltd (CIL), has floated a global tender inviting expression of interest (EoIs) from private companies with a proven track record in coal mining for the purpose of assisting ... More PERSONAL PRODUCTS Mergers hold promise for FMCG sector, consumers THE flurry of activity in the fast moving consumer goods (FMCG) sector last week appears to augur well. Whether it is the acquisition of Balsara businesses by Dabur India Ltd (DIL) or the global acquisition of Gillette Company by Procter & ... More EDUCATION Varsity ties up design company HYDERABAD: Infotech Enterprises Ltd, a geo-spatial and engineering design services company, has signed an agreement with Jawaharlal Nehru Technological University here. Under the agreement, the university would offer M.Tech. programmes ... More REAL ESTATE & CONSTRUCTION 
Construction boomWorkers moving bricks at a manufacturing unit in Bangalore on Sunday. Prices of bricks have gone up from Rs 2.40 to 2.60 a piece, compared with Rs 1.60-1.80 in the previous year. According to real estate industry officials, there is a ... More LEATHER Rs 400-cr modernisation fund to be set up for leather industry THE Centre plans to allocate Rs 400 crore modernisation fund for the leather products and tanneries, according to Mr Rafeeque Ahmed, Chairman, Council for Leather Exports (CLE). Mr Ahmed was addressing a press conference here on Sunday to ... More
Leather footwear exporters for tapping domestic market INDUSTRY ASSOCIATIONS Kolkata: Meet on partnering with Japan cos in manufacturing THE Confederation of Indian Industry (CII), Eastern Region, in partnership with the India Japan Initiative, organised a one-day business workshop here. Titled "Succeeding in Japan", the workshop focused on the manufacturing sector and was ... More BIO-TECH & GENETICS FICCI proposes national biotech body THE Federation of Indian Chambers of Commerce and Industry has proposed the establishment of an independent statutory national body for biotechnology. Biotechnology Council of India (BCI) should be set up to ensure standardisation in ... More RURAL DEVELOPMENT Nabard sanctions Rs 373 crore for AP rural infrastructure THE National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 373 crore to Andhra Pradesh for implementing projects for rural roads, bridges and lift irrigation. The loan assistance was sanctioned by the Project ... More HUMAN RESOURCES ICAI expects to complete peer review in 3 years THE Institute of Chartered Accountants of India (ICAI), which has taken up the proactive measure of peer review of its members by an independent team, expects to complete the review process for all its 65,000 plus practicing members in the next ... More EVENTS EXPORTS & IMPORTS Kerala air cargo agents weighed down by low capacity on AI Express Air India's decision to induct narrow-bodied aircraft for operation on its low-cost Air India Express could affect, if not stop, exports from Kerala to Gulf destinations and ruin farmers. Air cargo agents in the State are hoping the airline will reco nsider this move. More
Fast track clearance norms for EOUs revised NATURAL CALAMITIES Call for alert against disease outbreaks in Andamans THOUGH there have so far been no reports of outbreaks of any infectious diseases in the tsunami-hit Andaman and Nicobar islands, the authorities must maintain a high level of vigilance. This is one of the suggestions made in a report prepared ... More
Caution on shipping channels narrowed by tsunami
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