Financial Daily from THE HINDU group of publications
Wednesday, May 04, 2005

News
Features
Stocks
Port Info
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

AUTOMOBILES


Inadequate industry redressal, says SIAM
THE Society of Indian Automobile Manufacturers (SIAM) is disappointed with the lack of redressal to the industry's concerns in the amended Finance Bill 2005. The apex organisation has pointed out that the amended Finance Bill 2005 would still ... More

CEMENT


Cement majors report rise in April despatches
THE cement majors have reported varied percentage increases in despatches for April, 2005, as compared to their corresponding year-ago despatch records. Despatches at Associated Cement Companies amounted to 15.71 lakh tonnes, 13.4 per cent ... More

ECONOMY


Stagflation risk poses dilemma for Greenspan
The possibility of `stagflation' has suddenly started to haunt the US economy and policymakers. More

Pace of reforms has slackened in last one year: World Bank
THE World Bank has observed that the pace of reforms in Andhra Pradesh has slackened since the new Government took over after the May 2004 elections. "The direction of reforms in Andhra Pradesh remains largely unchanged, but the pace has ... More

FOREIGN TRADE


Discrepancies in trade with China
IT is well known in certain circles that there is a mismatch between the amount that India exported to China and the amount that China reports as having been imported. And vice-versa. In recent years, these discrepancies have varied from less ... More

UK keen to strengthen ties with South India
THE links between southern India and the UK are helped by the deep regard with which Indian medical professionals are held in the UK, particularly nursing professionals from Kerala, according to Mr Jeff Wilson, First Secretary, Press and ... More

HEALTH


Health services network
HYDERABAD: The Chief Minister, Dr Y.S. Rajasekhara Reddy, launched Doctor Munnabhai 24x7, a health services network, here. The network, based on a variety of communication media, joined hands with top corporate hospitals such as Apollo, ... More

HOTELS


Taj group plans 2 more hotels in Bangalore
THE Taj Group plans to add two more hotels in Bangalore in the business class and luxury category to increase its room inventory from the current 393. The Tata Group's hospitality arm, which operates three hotels in the business class and ... More

PETROLEUM


Govt plans to build crude oil storage tanks at Mangalore, Vizag
THE Petroleum Minister, Mr Mani Shankar Aiyar today told the Upper House of Parliament that the Government has identified two port cities to build three tanks to store emergency crude oil stocks. "The Government has approved building of ... More

GAIL urges gas producers to hike supply
FACED with the wrath of consumers in the power sector over the shortfall in availability of gas, GAIL (India) Ltd has urged the producers to increase supply. The current availability of gas supply to existing customers is 7 million standard ... More

Draft report suggests changes in Petroleum Regulatory Bill
THE draft document for the mid-term appraisal of oil public sector undertakings (PSUs) for the Tenth Plan (2002-07) has suggested modification in the Petroleum and Natural Gas Regulatory Bill, 2004 to include regulation of upstream sector. The ... More

GAIL ready to buy, market entire supplies of 2 fields
GAIL (India) Ltd is willing to buy and market the 11 million metric standard cubic metres per day (mmscmd) of natural gas produced in the Panna-Mukta and Tapti gas fields, which are operated by a joint venture of ONGC, Reliance Industries Ltd, ... More

PHARMACEUTICALS


`Pharma exports can touch $6b by 2015'
INDIAN pharma exports can grow to $6 billion by 2015 from the current level of less than $2 billion, provided the domestic pharma industry maintains consistency in its present export growth rate of 20 per cent a year. This has been revealed in ... More

POWER


MSEB, Maharashtra asked to pay $125 m to GE, Bechtel
IN a significant judgment today, the International Arbitration Tribunal asked the Maharashtra State Electricity Board (MSEB) and the Maharashtra Government to pay $125 million to GE and Bechtel Corp as compensation for "appropriating the assets" ... More

Power crisis likely to continue — Coal, gas shortage results in 2 b units loss
THE ongoing power shortage across a number of States is expected to worsen till the monsoon sets in. While the coal and gas shortage has already resulted in a loss of over 2 billion units of electricity till April 2005, the situation in ... More

Protest against proposed hydel project in Hassan dist
The project will affect the environment of Dakshina Kannada, Hassan and Kodagu districts, which are benefited by the Netravati and its tributaries. More

`Maharashtra can boast of surplus power in 5 years'
THE Chief Minister of Maharashtra, Mr Vilasrao Deshmukh, has said that the power crisis in the State cannot be resolved in a day or two; but the State Government is taking all steps to ensure that Maharashtra becomes a surplus power State. ... More

TAXATION


Tax collections up after VAT: Minister
TAX collection in Kerala has gone up after the introduction of value-added tax (VAT) system. According to the Finance Minister, Mr Vakkom Purushothaman, tax collection increased by more than Rs 15 crore to Rs 118.04 crore in April this year, ... More

Service tax exemption for farm income insurance premium
THE Finance Minister, Mr P. Chidambaram, has proposed a service tax exemption on the premium paid under the farm income insurance scheme. The Ministry of Agriculture had in 2003-04 introduced the farm income insurance scheme with the objective ... More

Panel set up on abatement for excise, service tax
THE Finance Ministry on Tuesday appointed a committee to advise the Government on the quantum of abatement that could be granted to specified goods and services for the levy of excise duty and service tax. The Committee has been formed ... More

SSI


5-day expo for SMEs from today in Thiruvananthapuram
ENTERPRISES Kerala 2005, a trade fair and conference for small and medium businesses, will begin in the city on May 4. The five-day event will be held at the Sooryakanthi exhibition ground within the premises of the Kanakakunnu Palace in the ... More

EDUCATION


Kerala: Training programme for engineering students
THIRUVANANTHAPURAM: The Kerala State Centre of the Institution of Engineers is holding month-long practical training programme for students this month. Mr N. Rajkumar, Honorary Secretary, Kerala State Centre, said that the programme ... More

AUTOMOBILE COMPONENTS


Thai cos eye auto spares, food processing sectors in Bengal
A GROUP of 12 Thailand companies, mainly representing small and medium sectors in areas such as paper, food processing, auto components, fruit juice, computer peripherals, TV spares and construction materials, is keen to set up trading and ... More

REAL ESTATE & CONSTRUCTION


Bengal bid to stall Metal Box property sale
THE West Bengal Government has initiated move to stall the sale of the land and building of Metal Box India Ltd's R&D centre located in the Alipore area, according to informed sources. The Industrial Reconstruction Department of the West Bengal . More

READYMADE GARMENTS


Apparel export promotion body seeks restoration of drawback rates
THE Apparel Export Promotion Council (AEPC) has pleaded for restoration of drawback rates, which were prevailing prior to January 19, 2005 for the garment industry, even while expressing qualified praise for the Monday notification of the Revenue ... More

MINERALS


Major iron ore exporting ports rely more on road connectivity
The Railways did not meet the wagon requirement of the iron ore exporters due to several reasons. More

CINEMA


Digital cinema to throw up job offers for IT pros
ELECTRONIC engineers and information technology professionals have a new world of opportunities opening up before them - digital cinema. Post-production and infrastructural support for the digital transformation of today's celluloid ... More

Why foreign locales attract film producers
AT LEAST 25 Telugu films were shot in Tirol, a picturesque region in Austria, in the recent times. Every other Telugu film has got at least one song shot in New Zealand, Germany or Australia. Greece too forms part of the list. Now some ... More

EVENTS


NGO Conclave tomorrow
HYDERABAD: The ICFAI Business School, Hyderabad, is organising an NGO Conclave here on May 5, according to its Director, Prof C V A Prasada Rao. Personalities from the NGO and the corporate sectors will be addressing the conclave and ... More

Chamber, CIOL seminar today
THIRUVANANTHAPURAM: The Chambers of Commerce and Industry - Thiruvananthapuram and CIOL, part of the Cyber Media Group of Publications are jointly hosting a one-day seminar on "Information technology for business benefit" here on ... More

INCOME TAX


Selection of I-T cases: Govt for less discretionary powers to AOs
EVEN as fears persist over unbridled powers to income-tax officials to harass assessees over the proposed FBT and cash transaction tax details, the Finance Ministry clearly seems to be in favour of minimising the discretionary powers of the ... More


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

Top Stories
Tata Motors sub-one tonne CV Cub to roll out on Friday


Leyland to float company to trade in used trucks

TDSAT upholds DoT's entry fee for VPN service

LIC to focus on equities, may scale up exposure

Maran to pitch for Intel chip plant

Service tax exemption for farm income insurance premium

CWC targets farmers for value-added services

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. 24-Apr. 30
`Biotech industry needs to address regulation, funding issues'

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

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

Now, KPO in patents

`Average earner is risk averse'

Small cars continue to rule the sales chart

Freight market dips, but shipping firms buoyant

Ginger exports cross 13,000 t

'Commercial use of fly ash can reduce pollution threat'

Global demand for eco-lodges expected to rise by 10 pc

ESCAP pegs India's GDP growth rate at 7.5 pc

Traditional items boost export growth in April-Jan

Tea exports from South rise in 2004

Time-of-day power tariffs on the anvil

Spices exports rise 18 pc in 2004-05

Indians top `intending car buyers' list across Asia


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