Financial Daily from THE HINDU group of publications
Thursday, April 21, 2005
Financial Daily from THE HINDU group of publications Thursday, April 21, 2005 |
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INDUSTRY & ECONOMY ACCIDENTS 
Scene of wreckageA community building reduced to rubble by a powerful blast at Nuvvalarevu village in Srikakulam district on Tuesday night. Ten people, including two children, were killed and three injured when crackers stored in the building for the ... More BUDGET Indian Merchant Chamber seeks withdrawal of `disturbing' proposals in Budget THE Indian Merchants Chamber has appealed to the Prime Minister and the Union Finance Minister to withdraw some of the "disturbing" proposals in the Union Budget. According to Mr Nanik Rupani, President, Indian Merchants Chamber, these ... More ECONOMY Kerala on developmental fast track: CM Ayurveda, tourism and information technology, besides the traditional exports of cashew and coir, are some of the core strength areas that the State can leverage to carve a place for itself in the globalised economy, say experts. More PETROLEUM Delhiites raise queries on safety aspect of piped gas supply HOUSING societies in Delhi have expressed apprehensions about the safety of the piped natural gas distribution lines coming into their premises. Residents of a number of societies have written to the service provider Indraprastha Gas Ltd (IGL), ... More
Centre passes IOC complaint against RIL to Maharashtra POWER Power project promoters avoid vendor credits to keep tariffs down FACED with rising international interest rates, domestic power project promoters are beginning to shun vendor credits to keep power tariffs down. Sources said not many promoters, either in the private or public sectors, were keen to source ... More
Bhoruka Power commissions small hydro project in Mandya dt.
BHEL's R&D support for power projects in AP TEXTILES CCEA okays addl capital subsidy under TUFS THE Cabinet Committee on Economic Affairs on Wednesday approved an additional capital subsidy of 10 per cent to textile processing units for benchmarked processing machinery under the Technology Upgradation Funds Scheme (TUFS). This subsidy, ... More SSI Commonwealth team visits Chennai SMEs A TEAM of visitors from 22 Commonwealth countries, which is in Chennai to participate in the Second Commonwealth-India Small Business Competitiveness Development Programme, visited two medium-sized companies, Inca Hammock Manufacturing & Export . More WATER `No funds crunch to tackle water scarcity in Dakshina Kannada' THE Karnataka Chief Minister, Mr Dharam Singh, has said that there is no funds crunch to tackle water scarcity in Dakshina Kannada district. Addressing presspersons after attending the district progress review meeting here on Tuesday, Mr Singh ... More EDUCATION Hotel association setting up institute in the Capital THE Federation of Hotel and Restaurants Associations of India (FHRAI) Institute of Hospitality and Management is being set up with consulting support and academic certification from Ecole hoteliere de Lausanne (EHL). Addressing a press ... More GEMS & JEWELLERY 
Gem and jewellery exports up 29 pc at $15.7 b — GJEPC prefers exemption system over refunds for VATGEM and jewellery exports surged 29.27 per cent in dollar terms to touch $15.68 billion during April-March 2005 compared with $12.13 billion in the same period during the previous year. In rupee terms, gem and jewellery exports increased by ... More REAL ESTATE & CONSTRUCTION Bombay HC extends stay on mill land development On April 1, the High Court directed BMC to stop granting permissions for mill land redevelopment until further notice. More
Mega housing project in Vizag gets clearance BIO-TECH & GENETICS Work on Karnataka biotech park to begin by June About Rs 11.5 crore has been granted by the State Government. The park is expected to be ready in 18 months after the foundation stone for the complex is laid in June, said Mr M.K. Shankaralinge Gowda, Secretary, IT, Biotechnology and Science and ... More SCIENCE & TECHNOLOGY TIFR announces tie-up with HP PARAM 10000, the supercomputer from the Pune-based Centre for Development of Advanced Computing, had given a jolt to the computer industry when it flouted the US restrictions and went ahead with the making of the supercomputer. Now, Tata ... More MINERALS Left parties for stopping all iron ore, mineral exports "Linkages for iron ore should be given only if a company is setting up a steel plant in India." More
DGFT to issue licences for iron ore exports of high ferrous content SOCIAL WELFARE AP: ITC rebuilds wastelands, and lives too SUNEHRA Kal (beautiful tomorrow), a social forestry programme launched by ITC some years ago in Andhra Pradesh, is poised to complete the full project cycle on a high note. The programme was part of the `Triple Bottomline' concept adopted by ... More REGULATORY BODIES & RULINGS CAG plans review of audit reports of top firms in select sectors AUDIT reports of top companies in select sectors such as automobiles, cement, textiles, pharmaceuticals and food processing may come under the scanner of the Comptroller and Auditor General of India (CAG) in the coming years. The office of CAG ... More EXPORTS & IMPORTS Drawback scheme to cover 4,000 items THE expert committee set up to review the duty drawback rates for exporters has recommended that the January 2005 shift to specific rates of drawback be reversed and the rates be announced on an ad valorem basis. The committee, which submitted ... More TOURISM SBT `tourism special' loan scheme THIRUVANANTHAPURAM: State Bank of Travancore (SBT) has launched a `tourism special' loan scheme for the benefit of hotels, tour operators, pilgrimage conductors, and eco-tourism operators. The loan is available for construction and ... More
It ain't cricket, laments hospitality sector in Kerala Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Apr. 10-Apr. 16 Trade policy: EOUs hope for I-T relief Coal India sets production target of 343 mt for '05-06 Truck rentals slip on VAT confusion ICICI Group forays into realty — Arm sets up dedicated fund; partners Tishman Speyer New patent regime — Discovering new challenges Indian cos going slow on promoting Valdecoxib Govt may allow 20 pc FDI in FM radio broadcasting Corporation tax mop-up touches Rs 83,311 cr FDI enquiries building up for mid-tier realty cos Petro product sales up 1.2% in March; diesel demand falls Crude futures slide 9-10 pc at MCX Power consumers set to get choice of distribution utility — 11 State ERCs issue open access guidelines Qatar, India sign air services pact; keen to better trade ties `World trade growth to slow down this year' National Jute Policy aims to boost exports — Shipments to be increased to Rs 5,000 cr by 2010 Bumper year forecast for South Eastern Rly — Spurt in demand for rakes by sponge iron units Big FMCG brands regaining lost ground from low-priced warriors Chinese garments come cheap |
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