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Sunday, April 24, 2005

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INDUSTRY & ECONOMY

OUTSOURCING


`BPO industry must re-brand itself'
THE Indian BPO industry should move beyond its present USP of being its cost effective, and re-brand itself in terms of value addition, competition and innovation. This was the main recommendation of the Indo-American Chamber of Commerce ... More

FERTILISERS


Fertiliser scam of 1995 — Govt recovers just Rs 1 cr against Rs 246.47 cr
THE fertiliser scam of 1995 was finally resolved on January 22, 2004, following an award by the International Chamber of Commerce (ICC). However, a sum of Rs 245.45 crore still remains unrecovered, out of which a substantial amount of Rs 137 ... More

TAXATION


ICAI plans to bring out model VAT audit report
THE Institute of Chartered Accountants of India (ICAI) plans to come out with a model value-added tax audit report for adoption by States that had implemented the tax from April 1. "We are finalising a draft of the model VAT audit report. This ... More

INDUSTRY ASSOCIATIONS


Traders' body releases VAT rate chart for States to highlight variations
THE Confederation of All India Traders (CAIT) on Friday released a `VAT rate comparison chart' involving 12 States to highlight what it considers as the existence of a large number of variations in VAT rates under the new tax system. "The VAT ... More

BIO-TECH & GENETICS


`Biotech industry needs to address regulation, funding issues'
INDIA has opportunities in the area of biotechnology but needs to address issues pertaining to regulations, venture capital funding and improvement of skill set of employees, Exim Bank said in a study. In its study titled `Biotechnology: ... More

Bioinformatics Institute launches corporate training kit
BIOINFORMATICS Institute of India (BII) has launched the `Clinical Trials Corporate Training Kit' under the BII Life Sciences Corporate Training Series. The clinical trial industry in the country is expected to touch the billion-dollar mark in ... More

PAINTS


Despite rising costs, paint sector may post 5-15 pc topline growth
A ROBUST growth in the housing sector and other end-user segments of the paint industry is probably one encouraging sign in a scenario beset with rising input costs and VAT hitches. Paint companies believe that while the implementation of ... More

LABOUR REFORMS


  • Kamal Nath hints at `hire and fire' in special economic zones

    EVENTS


    `To survive longer, cos need to be adaptive'
    WHAT does it take for companies to sustain growth and survive for long? Take the metaphor of body and soul and apply it to companies and products. "One has to focus on making pure atma (soul) that can survive in another body," said Mr R. ... More

    ALTERNATIVE MEDICINES


    Ayurveda manufacturers wary of Food Bill
    WHY are ayurvedic product manufacturers wary of the proposed Integrated Food Bill? Well, herb-based products based on insufficient stability and efficacy tests may find their way into the local markets in the guise of a nutraceutical or a ... More

    TOURISM


    Sri Lanka, Nepal to focus on wooing more Indian travellers
    DESPITE the political and natural upheavals affecting tourist destinations in South Asia, they continue to attract the Indian visitor. The tsunami disaster that hit Sri Lanka in December did not affect the appetite of Indians wanting to visit the ... More

    PEOPLE


    New Chairman for CII-Southern Region
    MR ParasuRaman R., Managing Director of Novar India Ltd, has been elected Chairman of the Confederation of Indian Industry -Southern Region (CII-SR) for 2005-06. The decision has been taken at the annual meeting of CII-SR held here. Mr ... More


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    Top Stories
    Kamal Nath hints at `hire and fire' in special economic zones


    `Biotech industry needs to address regulation, funding issues'

    Despite rising costs, paint sector may post 5-15 pc topline growth

    In Focus

    BHEL Disinvestment
    China's 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
    Apr. 17-Apr. 23
    `Fringe benefit tax to hit SSIs hardest'

    Banks offering new schemes to lure women depositors

    India second largest apparel exporter to US?

    Panel report on oil PSUs' merger likely next month

    Charak Pharma in pact with Russian co for liver disorder drug

    IISCO-SAIL merger: Montek riles Left again

    Power projects sans govt guarantees — FIs ready to accept alternative payment security mechanism

    Global consumption of finished steel products to cross 1 b tonnes

    CII lists anomalies in Customs duty structure

    Oil marketing PSUs lose Rs 1,300 cr in two weeks

    Gem and jewellery exports up 29 pc at $15.7 b — GJEPC prefers exemption system over refunds for VAT

    Bank deposits losing favour with NRIs

    Textile companies move to keep up with global trends

    It's advantage India as China plans to tax its textile exporters

    As global iron prices fall — Domestic steel prices likely to soften

    Good pre-monsoon showers may help advance cardamom picking


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