Financial Daily from THE HINDU group of publications
Monday, February 07, 2005

News
Features
Stocks
Port Info
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

AUTOMOBILES


SGS India plans services for auto industry
SGS India Pvt Ltd, part of the $2-billion SGS group offering quality certification facilities, plans to launch certification services for the automobile industry. SGS India's Managing Director, Mr Claude Lanouhe, in an informal chat with ... More

BUDGET


Kerala Budget mum on allocation to tourism sector
WHILE taking note of the importance of Kerala's tourism sector, the State's Budget for 2005-06 does not make any mention of allocations to the sector. The focus in the coming fiscal will be on completing all ongoing projects, the Budget says. ... More

`Kerala Budget looks into DA payouts'
THIRUVANANTHAPURAM: The Finance Minister, Mr Vakkom Purushothaman, has said that the State Budget 2005-06 presented on Friday last provides for funds for three more DA instalments for employees to strike parity with the Central DA of 64 ... More

Kerala Chamber welcomes Budget
THIRUVANANTHAPURAM: The Chamber of Commerce, Thiruvananthapuram, has welcomed the Finance Minister Mr Vakkom Purushothaman's initiative in formulating new schemes for the Capital city in the State Budget. Stating this, a spokesman of ... More

ACCOUNTANCY


ICAI to train members on Sarbanes-Oxley Act
AS part of the initiatives for tapping newer opportunities in the international arena, the Institute of Chartered Accountants of India (ICAI) has decided to impart training to its members for offering services under the Sarbanes-Oxley Act of the ... More

HEALTH


Apollo launches two-wheeler ambulances in Hyderabad
KEEPING in mind the importance of `golden hour' in saving accident victims, Apollo Hospitals has launched `Apollo FIRSTaid' service, comprising a fleet of two-wheelers. The two-wheelers will be manned by trained paramedics, with basic life ... More

Gift a health package this Valentine Day
HEALTH has stepped into the domain of romance as well, with health packages being on offer this Valentine's Day on February 14. Mumbai-based Hiranandani Hospital has introduced a health package that can be gifted to a loved one, on Valentine's ... More

INFRASTRUCTURE


Mega urban renewal plan in the offing — Centre to pitch in with Rs 50,000 cr over 5 years
THE Centre is all set to commit Rs 50,000 crore over the next five years for improving and modernising the urban infrastructure all over the country. A total of 60 cities have been identified for upgradation, comprising seven mega cities of ... More

Task force formed to review housing, habitat policy
THE Government has constituted a Task Force to review the National Housing and Habitat Policy. The task force would review the existing policy and draft a new one, while also evaluating existing schemes, policies, guidelines, laws, by-laws and ... More

PSU


Kerala PSUs incur net loss of Rs 221.5 cr
Among the loss-making enterprises, KSRTC topped the list with Rs 119.96 crore, followed by Kerala Water Authority. More

PETROLEUM


Need for regulator in natural gas sector, says study
A STUDY undertaken jointly by the FICCI and GAIL (India) Ltd has emphasised the need for a regulatory framework to ensure transparency and eliminate misuse of monopolistic powers in the natural gas sector. "The regulator should promote ... More

POWER


Offtake of electricity by trading companies — FIs to chalk out payment security model for funding power projects
WITH over 10 major power projects in the pipeline planning to sell their generation to power traders, domestic financial institutions led by SBI, ICICI, IDBI, PFC and IDFC have come together to chalk out a payment security model for the funding ... More

Rs 2,136-cr plan to revamp AP power sector
THE power utilities of Andhra Pradesh, including the AP Transmission Corporation (AP Transco) and the Distribution Companies (DISCOMs), have drawn up a massive time-bound programme to strengthen the State's power system with an outlay of around ... More

TEXTILES


Apparel sector seeks tax sops in Budget
AS the apparel sector in the country's textile industry is all set to replicate the success story of India's software segment, the forthcoming Union Budget should address some of the structural problems plaguing the sector. Disclosing this to ... More

TRAVEL & PLACES


US visas, passports to be cheaper from Feb 14
APPLYING for US visas, passports and other consular services would become cheaper from February 14 as the US consular section plans to reduce the exchange rate to Rs 44 a dollar from Rs 46. "The February 14 adjustment in exchange rate will ... More

WATER


Central aid for rural water plan in Hyderabad
HYDERABAD: The Department of Drinking Water Supply, part of the Union Ministry of Rural Development, has sanctioned Rs 44.13 crore to the project management unit at Hyderabad towards second instalment of funds. The instalment is against ... More

EDUCATION


Master those maps
Web sites can help students relish History and Geography. You can stop groaning when you see those maps or dates, because the Net can help you remember and apply facts better. More

IIMs to start new courses from next year; raise student intake
THE IIMs have decided to start additional courses and increase the intake in many of the existing courses from the coming academic year. The decision follows a directive from the Minister for Human Resource Development Minister, Mr Arjun Singh, ... More

CARS


Click to rev up
You turn the ignition key in your car - and turn on your computer. From then on, it's a high-tech ride that takes care of bumpy roads, uphill climbs, applying the brake, and car thieves. Welcome to car-driving in the digital era. More

TELEVISION SETS


CETMA initiates talks with Nabard on financing of TV sets
THE Consumer Electronics and TV Manufacturers Association (CETMA) has initiated fresh talks with the National Bank for Agriculture and Rural Development to propel rural financing of televisions sets and further fuel demand in rural areas. "We ... More

INDUSTRY ASSOCIATIONS


`Allow zero duty on import of inputs for exporters'
THE Associated Chambers of Commerce and Industry of India has sought duty-free imports of all inputs for exporters who export at least 40 per cent of their total production. In a paper for the forthcoming Foreign Trade Policy to be submitted ... More

SCIENCE & TECHNOLOGY


Hundred movies in one DVD?
WELL, the technology for packing one hundred movies in one DVD is not there yet, but a Singapore company, listed in Australia but doing development work in Chennai, is almost there. MatrixView Ltd has developed a technology that can compress ... More

LABOUR REFORMS


NAC for more talks on unorganised sector labour Bill
THE National Advisory Council (NAC) headed by the Congress President, Ms Sonia Gandhi, has decided that the proposed provisions of the draft Unorganised Sector Workers Bill should be first discussed with experts, labour representatives and all ... More

EVENTS


Experts call for clarity in regulation of neutraceuticals
EXPERTS have reiterated the need to have clarity in regulation for neutraceuticals. While many participants at the Neutraceutical Summit here on Sunday called for treating of dietary food supplements as food rather than as pharmaceutical, the ... More

  • Engagements

    EXPORTS & IMPORTS


    Imported edible oils — Revenue considerations behind move not to slash tariff values?
    THE Finance Ministry's decision on January 31 not to reduce the tariff values on imported edible oils, contrary to general expectations, seems to have been prompted mainly by revenue considerations. An indication of this is that the Central ... More

    Exporters bail out Coonoor teas
    EXPORTERS bailed out the market when a volume of 11.16 lakh kgs of teas was offered for sale at the auctions conducted by the Coonoor Tea Trade Association here on Friday. The buyers for Egypt, Iraq, Middle East, Pakistan, Russia and other CIS ... More

    TOURISM


    Hong Kong draws more Indian tourists in 2004
    EVEN as India hopes to attract more tourists than its current arrivals, which touched more than four million, Hong Kong has been reaping the benefit of the large outbound tourism from the country. Indian visitors to Hong Kong in 2004 were ... More

    Post-tsunami, `tourists are coming back'
    DESPITE the setback caused by the tsunami and political unrest, the tourism-dependant economies in the Indian Ocean rim are fighting to get the industry back on track. Sri Lanka set the ball rolling last week, followed by Nepal, Thailand and ... More

    ECONOMIC OFFENCES


    Narcotics Bureau calls meet to break medicine impasse
    As per the NDPS Act, chemists are to keep meticulous records on the purchase of these drugs from companies and their subsequent sale to patients. Failure to produce these records on enquiry by the police can have chemists in jail for three months wit hout bail, Mr Shinde said. More

    You've got yourself a twin!
    Wireless Fidelity enables one to access the Internet anywhere, anytime. But fraudsters could lure you into the `Evil Twin' trap. More



    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    Yuan revaluation no cure for US ills


    Imported edible oils — Revenue considerations behind move not to slash tariff values?

    `We are strong in efficiency and performance' — Mr P. T. Vanan, Chairman, New Mangalore Port Trust

    Rise in Indian Web site defacement in Jan

    Draft concept rules propose strict norms for company names

    Hundred movies in one DVD?

    Commodity derivatives — An alternative hedge

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 30-Feb. 5
    `US benefits more from outsourcing'

    VAT panel yet to decide on purchase tax on foodgrains

    `Coalition politics has slowed reforms' — Lord Meghnad Desai, former professor, London School of Economics

    Severe Northern winter is in line with global pattern

    Airfreight sops for cardamom exports extended

    Govt divestment plans a positive step, say marketmen

    EPFO to study investment in equities

    BCCI an autonomous body, says SC

    Uncertainty over Indo-Pak series telecast rights

    Narcotics deadlock — Drug shortages hit epilepsy, anxiety post-operative care

    Paint cos may pass on input cost hikes to consumers

    GSPC goes all out to strike gas in third KG well

    Centre may take Rs 26,000-cr hit on finance panel proposals

    Govt sees Rs 9 lakh cr investments in power sector by 2012

    AP: Medicines, cement, LPG to become cheaper on VAT

    `FDI reforms can pump $1-1.5 b into realty'

    Inflation declines on cheaper food, edible oils

    Nirma, Henko also to cost more

    Vegoil imports increase


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line