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Tuesday, March 29, 2005

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INDUSTRY & ECONOMY

CEMENT


Cement majors cash in on West Asian construction boom
THE surge in oil prices has brought cheer to at least one section of the Indian industry. Cement majors including Gujarat Ambuja, UltraTech Cement and Saurashtra Cement are among those cashing in on the huge export potential in West Asia, which ... More

COURTS/LEGAL ISSUES


SC to decide jurisdiction issue in Reliance Info case — HC restrained from hearing petition
THE Supreme Court today by an interim order restrained the Delhi High Court from proceeding further to hear a petition filed by Reliance Infocomm challenging the levy of Rs 182.7 crore by Bharat Sanchar Nigam Ltd for alleged re-routing of ... More

ECONOMY


Grouping for succour
A visually challenged couple, P. Appala Naidu and Kotamma, who came to the Collectorate in Visakhapatnam on Monday with their child to submit a representation for a house-site at the Spandana programme, walk towards the counter for handicapped ... More

Consumer price index constant for February
THE consumer price index for February 2005 remained constant at the preceding month levels of 440, though prices of fuel and light have gone up and those of food, beverages and tobacco have witnessed a downward trend in February compared to ... More

Economic census in Madurai soon
THE Fifth Economic Census of Madurai district for update of data relating to number of enterprises and workers at village and block levels for use as the frame for follow-up surveys is to be carried out shortly. According to the District ... More

Need for indigenous reforms model stressed
THE former Chairman of Indian Council for Social Science Research, Dr V.R. Panchamukhi, has stressed the need for an indigenous model on reforms. Delivering a lecture on `Global and national financial systems: Reflections on reforms agenda', ... More

ENVIRONMENT


Schools roped in for civic action programme
THE Bala Janaagraha programme in Bangalore has drawn4,000 children from 70 schools, over 200 teachers, and community members supported by corporate partners. The programme is meant to inculcate good citizenship among children through community ... More

FOREIGN TRADE


CII keen to expand trade with Abu Dhabi, says Munjal
THE CII has signed an MoU with Higher Colleges of Technology-Centre of Excellence for Research and Applied Training (HCT-CERT) in Abu Dhabi for sharing its expertise in manufacturing and human resource development and is looking to forge closer ... More

`EU non-tariff barriers bar market access for India'
INDIA has told Luxembourg, which holds the Presidency of the European Union, to address the `serious barriers' of mounting stringency and non-harmonisation of standards, cumbersome and complex rules and frequent use of trade defence instruments ... More

HEALTH


Setting an example
The State Health Minister, Mr K.K. Ramachandran, and the Health Secretary, Mr K. Ramamoorthy, inaugurate the State-level mass drug administration programme against filaria by taking the drug themselves at Thiruvananthapuram on Monday. ... More

HOTELS


GRT plans chain of business hotels
GRT Hotels and Resorts plans to open four-star business hotels in Hyderabad, Bangalore and Coimbatore under the brand GRT Grand. Speaking to Business Line, Mr T. Natarajan, CEO, GRT Hotels and Resorts, said the group's focus would be to ... More

INFRASTRUCTURE


`Details on SPV for infrastructure projects soon'
THE Finance Ministry will soon be coming out with more details of the special purpose vehicle (SPV), as announced in Budget 2005-06, being set up for providing investment capital for infrastructure projects. Speaking at the 77th annual ... More

Civic forum threatens stir
THE Capital City Development Forum, a pressure group that supports development activities in Thiruvananthapuram, has said that it would be forced to launch an agitation to push for the proper development of the city. Except for a recently ... More

PETROLEUM


More crude import deals with Saudi Arabia soon: Aiyar
INDIA hopes to explore the possibilities of bilateral investments in hydrocarbon sector and long-term crude import deals with Saudi Arabia, the Petroleum and Natural Gas Minister, Mr Mani Shankar Aiyar, said on the eve of his four-day visit to ... More

PHARMACEUTICALS


Post-patent, prices of cancer, HIV drugs may go up: Paswan
THERE is a strong possibility that following the passage of the Patent (Amendment) Bill, 2005 in Parliament, the prices of some drugs will increase. The Minister for Chemicals, Fertilisers and Steel, Mr Ram Vilas Paswan, today said that ... More

VAT-enabled software for pharmacists
ESSEL Software has launched an exclusive software solution - retail pharmasoft - for medical retail traders to meet the requirements of retail pharmacy. Manually, it is very difficult for retail traders to maintain stock inventory and ... More

POWER


Plan panel asks Transco to share success formula
THE Planning Commission has reportedly asked the Transmission Corporation of Andhra Pradesh Limited (APTransco) to share its success story in the areas of reduction of transmission losses, improved quality of supply and revenues. The ... More

South Mumbai shop owners pay highest power tariffs
THE highest retail power tariff in the country is paid by shop-owners in the South Mumbai area, serviced by Brihanmumbai Electric Supply and Transport Undertaking (BEST), who have to shell out a whopping Rs 10.09 per unit for a commercial ... More

TAXATION


72-hr trade bandh called in Bengal from tomorrow
THE Federation of West Bengal Trade Associations (FWBTA), which enjoys membership of as many as 25,000 trade associations in West Bengal, has called for a 72-hour trade bandh from March 30 morning in protest against the introduction of VAT ... More

Traders' threat to intensify stir against VAT in Kerala
REITERATING its demand that value added tax (VAT) should not be introduced in the State from April 1, the Kerala Vyapari Vyavasayi Ekopana Samiti (KVVES) has resolved to go ahead with an agitation against the proposed tax regime. Addressing a ... More

TEXTILES


Shortage of labour haunts textile clusters in TN
THE common problem that prevails in the textile districts of Tirupur, Erode and Karur is shortage of labour. Lack of labour is a major problem for producers in these exporting centres. "We expect the shortage of labour, especially skilled ... More

WATER


Devaswom Board to take up PAP projects after land allotment
THE Travancore Devaswom Board (TDB) is to implement the first phase of the Pampa Action Plan (PAP) projects under the National River Conservation Programme along with its own projects to be taken up soon for the development of Sabarimala after ... More

EXIM POLICY


Exim policy by April 10: Kamal Nath
THE Commerce Ministry today ruled out any differences with the Finance Ministry on certain provisions of the Foreign Trade Policy. Speaking to reporters on the sidelines of India Infrastructure Summit, organised by the Federation of Indian ... More

EDUCATION


Tuticorin fisheries college plans quality control lab
THE Tuticorin-based Fisheries College and Research Institute (FCRI) plans to establish a fish quality control laboratory, as part of its efforts to give an impetus to fisheries technology extension programmes, including the launch of VCDs ... More

ICL ties up with MG varsity for management courses
ICL Certifications Ltd, an accredited international certification body, has tied up with M.G. University, Kottayam, for conducting management programmes from the next academic year. The Department of Adult Education of the university will ... More

New director for NITK
MANGALORE: Dr H.V. Sudhaker Nayak, Professor of Metallurgical and Materials Engineering, has been appointed Director (additional charge) of National Institute of Technology Karnataka (NITK) at Surathkal in Mangalore consequent to Prof S.S. ... More

FOREIGN DIRECT INVESTMENT


Encotra's plan to hike stake in Visa among 25 FDIs cleared
THE Switzerland-based Encotra's proposal to increase its holding in the Kolkata-based Visa International from 21 per cent to 74 per cent with foreign direct investment (FDI) worth Rs 173.76 crore for undertaking coal mining was among the various ... More

IPR


Corporates show big interest in plant-based patents
AVESTHA Gengraine, JB Chemicals & Pharma Ltd, Synit Drugs and Asgrow Seed Company are among a growing number of corporates that are exploiting the potential of plants and seeking patent protection in India in recent years. The Council for ... More

IPR meet held in Mangalore
MANGALORE: The Small Industries Service Institute, Bangalore, conducted a sensitisation programme on `Intellectual property rights' (IPR) in Mangalore on Monday. Dr T. Ramakrishna, Additional Professor of Law, National Law School of ... More

SOCIAL WELFARE


Matrimonial meet for deaf on April 3
LENDING a helping hand to the hearing challenged in finding a life partner, the Deaf Way Foundation is organising a `Vivaha Vedika for the deaf' here on April 3. Encouraged by good response to matchmaking meets held at national level, the ... More

RURAL DEVELOPMENT


Centre releases 1,428-tonne foodgrains to Kerala
THIRUVANANTHAPURAM: The Union Rural Development Ministry has released 1,428 tonnes each of wheat, boiled rice and raw rice to Kerala, says an official press release. Pathanamthitta district will receive 34 metric tonnes of all three ... More

HUMAN RESOURCES


HR firms bullish on temporary staffing
WHO will be largest private employer in the next two to three years? If your guess is one of the large information technology firms such as Tata Consultancy Services, Wipro or Infosys, think again. It could well be a human resource firm. There ... More

EVENTS


Talk on `Financing the poor'
MANGALORE: Prof M.V. Nadkarni, Honorary Visiting Fellow, Institute for Social and Economic Change, Bangalore, will deliver the Mangalore University silver jubilee lecture on `Financing the poor' on April 1. The lecture is being ... More

  • CII seminar on creativity at Kochi

    ENTREPRENEURSHIP


    Fostering entrepreneurship in social sector
    WHAT is common to the Chennai-based Rural Innovations Network (RIN), the Bhopal-based Oasis, and the Mumbai-based Avishkaar? All the three are led by `social entrepreneurs', who possess the vision, creativity and determination of business ... More

    EXPORTS & IMPORTS


    FIEO calls for zero duty EPCG scheme
    IN order to make exports competitive, the Federation of Indian Export Organisations (FIEO) has called for introduction of zero duty EPCG (Export Promotion Capital Goods) scheme. "It is suggested that import of capital goods under EPCG scheme ... More

    TOURISM


    Tourism facilities in Kottayam dist to be enhanced
    TO attract both foreigners and domestic tourists to different beauty spots of Kottayam district, the Tourism Department is taking various steps. A mini bus service linking all such important tourists places will start operating shortly under ... More


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    Top Stories
    72-hr trade bandh called in Bengal from tomorrow


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    In Focus

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    Sethusamudram Canal Project
    India Inc's overseas acquisition
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    In Depth

    Gender Justice
    Simple Economics
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    Looking back
    Mar. 20-Mar. 26
    G-20 adopts New Delhi Declaration

    `India has to focus on building strong corporations'

    New technique to remove cancerous breast tumours

    Coffee exporters, buyers grapple for stocks

    Mumbai port emerging auto exports hub

    GDP may grow 7-8 pc next fiscal: PM

    Maharashtra to slash stamp duty on commodity market transactions, G-secs

    `Common carrier principle to get buried with Petronet India'

    Infrastructure industry index slips 0.6 pc in Feb

    Displacing conventional fuels reduces energy/GDP ratio

    HDFC joins SBI to float real estate venture fund

    Spices export exceeds volume target

    Time to compress rural credit delivery system

    Protocols for automotive electronics — Infosys becomes premier partner in Autosar

    Inflation down despite costlier food items

    Reliance Life sets up cord blood archive

    MNC drug cos patently unhappy with new regime

    Traditional goods push exports up 20 pc


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