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Thursday, May 26, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Monsoon expected to hit Andamans today
Other ambient conditions in the Andamans are near consistent with the onset, evidenced best in the persistent cloud cover and the dominant southwesterlies. More

Control room for rain problems in DK dist
MANGALORE: The Dakshina Kannada district administration has decided to open a 24-hour control room to tackle rain-related problems during monsoon. An official release said on Wednesday that the Deputy Commissioner of the district, Mr ... More

ECONOMY


Indian consumer confidence rising: MasterCard survey
According to the latest survey by MasterCard International, Indian consumers are more optimistic about the next six months now than they were in August or even February last year. MasterCard conducted this survey across seven markets: Egypt, ... More

SAARC nations to focus on statistics, data collection
AFTER having focused on the various aspects of regional cooperation, the South Asian Association for Regional Cooperation (SAARC) has decided to pay attention to statistics and data collection. Statistics and data collection are playing a ... More

FOREIGN TRADE


`Political will, sincerity could help overcome disputes'
Musharraf tells Indian business delegation

"The past accords between the countries failed as they did not address the lingering disputes and brushed them under the carpet - let us not do it again." More

FIEO signs pact to boost trade with Argentina
THE Federation of Indian Export Organisations (FIEO) has signed a memorandum of understanding (MOU) with the Chambers of Commerce and Industry Argentina-India (CCIAI). A FIEO statement said that the MOU was signed here by the convenor of the ... More

POWER


Now, utilities profit from power crunches through hourly contracts
THE ongoing power shortage situation engulfing much of the country has prompted a handful of electricity utilities to adopt innovative ideas to turn the crisis into a commercial opportunity. While power trading between States has been taking ... More

Maharashtra Govt, Oppn fail to reach consensus on power crisis issue
THE Maharashtra Government's attempt to arrive at a common ground with the Opposition parties over the mounting power crisis in the State has come to a nought with the latter continuing their aggrieved stand and agitation against the Government ... More

Unbundled distribution cos may open escrow accounts
The escrow account would be in addition to those created for the four independent power producers and the central generating stations. More

Power supply to Adilabad hit
HYDERABAD: Power supply to Adilabad town and surrounding areas has been hit following the collapse of 132 KV double circuit Pochampad-Adilabad and Nirmal-Adilabad tower due to heavy gales in the last two days. The supply could not be ... More

TEXTILES


Textile body nod for NTC land buy proposal
THE board of governors of Sardar Vallabhbhai Patel Institute of Textile Management (SVPITM), an autonomous body, promoted by the Ministry of Textiles, in its meeting held on May 21, has approved the proposal to purchase 6.21 acres of the land ... More

Textile Minister's assurance to exporters on trade issues
THE Textile Minister, Mr Shankarsinh Vaghela, on Wednesday convened a meeting of textile exporters and chiefs of various textile export promotion councils, including cotton, apparel, carpet, jute and handicrafts, in order to get a grasp of their ... More

RADIO/TV


Bill to regulate TV channels
A BILL will be introduced in the monsoon session of Parliament to regulate TV channels and an autonomous agency will be constituted for the purpose, according to Mr S. Jaipal Reddy, Union Information and Broadcasting Minister. He told ... More

EDUCATION


ICWAI unveils e-learning module
THE Institute of Cost and Works Accountants of India (ICWAI) has announced the national launch of its e-learning module here on Wednesday. The objective is to provide access to thousands of aspiring students in the remote areas of the ... More

CONSULTING


Globsyn B-school to provide consultancy
The idea behind the initiative is to provide management consultancy to mid-sized corporates with management development programmes that would focus on finance, marketing and HR. The Kolkata-headquartered business school has also tied up with ... More

HANDLOOM


AP panel to submit report on handloom sector next month
A HIGH-powered committee constituted to study the handloom sector in the State is slated to submit its report by early June. The report would cover measures required to shore up the sector, infusion of funds and compensation package for ... More

BIO-TECH & GENETICS


Nuziveedu launches Bt cotton strains
NUZIVEEDU Seeds Ltd, a seeds manufacturer, has launched Bt versions of its cotton hybrid varieties — Bunny and Mallika. Announcing this here on Wednesday, Mr M. Prabhakar Rao, Managing Director of the company, said the Genetic ... More

Research body develops GM rubber — Variety tolerant to drought, environment stress
THE Rubber Research Institute of India (RRII) has developed genetically modified rubber plants that have better drought resistance and increased environment stress tolerance. These transgenic plantlets are currently being cultivated in the RRII ... More

SMALL SAVINGS


EPFO board meets on Saturday to decide on interest for 2004-05
THE Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) will meet on Saturday to recommend the final rate of interest on provident fund accumulations for 2004-05. The CBT had earlier recommended 8.5 per cent ... More

WTO


Cabinet panel on WTO to discuss revised offer on services this week
THE Government is looking to improving the country's offer on services at the World Trade Organisation (WTO) in the hope that the developed countries would reciprocate by allowing a liberalised visa/work permit regime for the movement of ... More

SOCIAL WELFARE


AP to create land bank for distribution to poor
THE State Government is planning to create a land bank and expects to launch second phase of land distribution programme to the landless poor later this year. The State Government is planning to invite the Prime Minister, Dr Manmohan Singh, to ... More

EVENTS


Two-day meet on plumbing
KOCHI: Indian Plumbing Association, the national body of plumbing professionals, is organising a two-day `Plumbing seminar and Expo 2005' on June 13 and 14. The seminar is being organised in association with Construction Journal of ... More

Keltron to hold workshop
THIRUVANANTHAPURAM: The public sector Kerala State Electronics Development Corporation (Keltron) and the US-based Degree Controls are jointly organising a one-day workshop, titled `ThermEl-2005', here on Thursday. The workshop is ... More

VENTURE CAPITAL


MakeMyTrip.com gets $10-m funding
MAKEMYTRIP.COM, an online travel company, has secured an investment of Rs 43 crore ($10 million) from SB Asia Infrastructure Fund (SAIF). The investment will help power the company's India launch, finance acquisition of an outbound and ... More

NATURAL CALAMITIES


Kerala Govt sanctions Rs 4.31 cr to build seawalls
THE Kerala Cabinet has sanctioned Rs 4.31 crore for construction of seawalls in the coastal areas that are prone to flooding during high tide. The Cabinet took this decision in the wake of the damage caused by the huge waves that hit the ... More


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Top Stories
Monsoon expected to hit Andamans today


Research body develops GM rubber — Variety tolerant to drought, environment stress

Pension reforms urgent, says World Bank

Marketics does away with `redundant' HR practices

Discount chain Subhiksha plans to enter Delhi, Mumbai markets — Mulls 180 stores with Rs 150-cr investment

`Political will, sincerity could help overcome disputes'
Musharraf tells Indian business delegation


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
May. 15-May. 21
Something is rotten in fruit trade

Ministry clarifies on gem, jewellery sector service tax

Star India to charge 50% premium on prime time ad rates

Talks on phosphoric acid rates fail — DAP supplies may dry up, warn fertiliser cos

Monsoon caravan set rolling: IMD

Govt clears DTH proposals of Space TV, Sun Direct

Edible oil imports rise 21 per cent

Dubbed Hollywood flicks boost box office

Posco may sign MoU with Orissa Govt next month

Seafood exporters file suit against US Customs — Bond requirement for shrimp imports challenged

Inflation falls a tad on dip in food prices

Centre's 1-year report card — `Unfinished' agenda bugs pharma sector

`Indian textile market fastest growing in 2004'

Aiyar for equitable sharing of oil price hike burden


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