The Hindu Business Line : Wednesday, June 01, 2005

CII against job quotas in pvt sector
THE Confederation of Indian Industries (CII) today said it was opposed to any mandatory provision for reserving jobs for weaker sections in the private sector. It predicted a 7.2 per cent GDP growth for the economy in the current fiscal and ... More

CLIMATE & WEATHER

Cross equatorial flow picks up; to aid monsoon currents
THE India Meteorological Department (IMD) has said that the build-up to the southwest monsoon has received a further boost with the cross equatorial flow picking up in strength. "I feel things are brightening up. The cross equatorial flow has ... More

NON-CONVENTIONAL ENERGY

US co to set up bio-diesel plant
SOLARSA India Private Ltd (SIPL), a unit of Renewable Energy and Sustainable Technologies, US has proposed to set up a bio-diesel plant in India. Mr Ram Chereddy, the Managing Director of SIPL met the Chief Minister of Andhra Pradesh, Dr Y.S. ... More

AP Govt mulls solar lighting for housing colonies
THE State Government proposes to use solar lighting system in housing colonies under the Integrated Tribal Development Authority (ITDAs) and in remote areas. Indicting this, the Chief Minister, Dr Y.S. Rajasekhara Reddy, asked the Andhra ... More

ANTI-DUMPING

Anti-dumping probe into Chinese silk fabrics imports
EVEN as China faces safeguard duty for its surging exports of textile and clothing products to the United States and the European Union in the post-quota textile regime, India too has joined the bandwagon by initiating anti-dumping investigation ... More

ECONOMY

Kerala public debt at Rs 41,709 crore
KERALA'S public debt stood at Rs 41,709 crore as on March 31, 2005. However, the Government was able to contain the annual growth of debt at 11.37 per cent last year, which was the lowest in the last 10 years, according to the Finance Minister, ... More

ENGINEERING

Engg export promotion council seeks fringe benefit tax relief
THE Engineering Export Promotion Council (EEPC), while welcoming the recent amendments to some of the provisions of the fringe benefit tax (FBT), has pointed out that these changes have fallen short of the expectations of the exporting community. ... More

HEALTH

NACO's figures on AIDS kick up storm
STATISTICS have always been a bane for the National Aids Control Organisation (NACO). And last week's `revelation' by NACO, that new HIV infections in India for 2004 have dropped by close to 95 per cent from the previous year, has all but stirred ... More

AIDS awareness drive in AP
A month-long intensive anti-AIDS programme, `AASHA' (Anti-AIDS Sustainable and Holistic Action) will be launched on July 1 throughout the State. This was one of the decisions taken during a review meeting held here on Tuesday between the ... More

HOTELS

Kenilworth plans Indian restaurant in Malaysia
THE city-based Kenilworth Hotels group is exploring the possibility of setting up an Indian restaurant in Malaysia. This follows the selection of The Kenilworth as the sole participant at an Indian Food Festival scheduled to be held at the City ... More

INFRASTRUCTURE

Fertiliser Ministry plans to set up mega industrial estates in coastal States
THE Union Ministry of Fertilisers and Chemicals is considering setting up of mega industrial estates in one or more coastal States. The Union Fertiliser Minister, Mr Ram Vilas Paswan, said that it has done a marketing study through a ... More

French chem company gets land in pharma city in Vizag
SNF (India) Private Ltd, a 100 per cent subsidiary of SNF Floerger, has become the first allottee of land in the Jawaharlal Nehru Pharma City (JNPC) coming up in Visakhapatnam. SNF Floerger, a French multinational company, is a major producer of ... More

PETROLEUM

69 bids received under NELP-V for 20 oil blocks
THE Government has received 69 bids from 48 global and domestic majors, including BP p.l.c (formerly British Petroleum) and Reliance Industries, to participate in the oil exploration activity under the fifth round of the New Exploration Licensing ... More

POWER

GAIL picks up 10% equity stake in PSEB project
GAIL (India) Ltd will pick up a 10-per cent equity stake in the proposed 1,000-MW Doraha gas based power plant in the Punjab State Electricity Board (PSEB). The plant is to be set up at Doraha, near Ludhiana. GAIL and PSEB recently signed a ... More

Maharashtra to have special police stations to check power theft
IN what could possibly become a trend-setter, Maharashtra will soon have six exclusive police stations and two courts to control rampant power theft in the State. The police personnel will work in tandem with the Maharashtra State Electricity ... More

SSI

Cisco eyes SMB segment
CISCO, player in the networking arena, is set to tap the growing small and medium business in the auto-component manufacturing, pharma and textile sectors. The company is looking at developing sub-vertical specialisations to penetrate the ... More

EDUCATION

`Mainstream varsities must develop links with diploma institutions'
MAINSTREAM educational institutions such as colleges and universities should develop closer links with `paraformal' institutions offering diploma courses to increase the numbers of technically qualified people, according to Professor S.P. ... More

Course in emergency medicine in Hyderabad
HYDERABAD: Apollo Hospitals has announced that it is going to offer three-year post-graduate training programme, MFAM (Member of Faculty of Accident and Emergency Medicine) for doctors in emergency medicine. "The UK-based Faculty for ... More

REAL ESTATE & CONSTRUCTION

Expo on building materials in Hyderabad
AIMED at creating awareness on the latest building materials and allied products, the Andhra Pradesh chapter of Indian Institute of Architects (IIA) is organising a three-day exhibition in Hyderabad. The exhibition on building materials, ... More

TEXTILE MACHINERY

Qualifying dyeing machinery — Ambiguity in TUFS list delays processing of loans
The banker is unable to decide in the absence of clarification as to whether `soft-flow' dyeing machinery is qualified as advanced processing machinery permitted for the higher capital subsidy of 10 per cent under the TUFS. More

PRINTING

Chandy inaugurates new block at St Joseph's Press
THIRUVANANTHAPURAM: The Chief Minister, Mr Oommen Chandy, will inaugurate the new printing block and the City Line Express multicolour web offset machine at the St Joseph's Press here on Wednesday. The Reverend Joshua Mar Ignathios, ... More

RURAL DEVELOPMENT

CII-DRDA Tiruchi initiative
MADURAI: The Tiruchi District Rural Development Agency (DRDA) and the Confederation of Indian Industry (CII), (Tiruchi Zone) are joining hands, in a show of public-private partnership initiative, to implement need-based intervention ... More

Rs 772-cr TN project to fight rural poverty
THE Tamil Nadu Government plans to implement a poverty reduction programme with World Bank assistance of Rs 772 crore. The Tamil Nadu Empowerment and Poverty Reduction Project (TNEPRP), covering 15 districts and 2,300 panchayats, will be ... More

NGO to take up rural development in Uttara Kannada
DAKSHINA Kannada-based Sri Kshetra Dharmasthala Rural Development Project (SKDRDP), which has carved several success stories in Dakshina Kannada and Udupi districts through its self-help groups, has set its eyes on the neighbouring Uttara Kannada ... More

EVENTS

In Hyderabad today

ENTREPRENEURSHIP

Seminar on credit guarantee in Hyderabad
HYDERABAD: The Association of Lady Entrepreneurs of Andhra Pradesh (ALEAP) is organising a seminar on June 3 here to create awareness on ALEAP Credit Guarantee Association (ACGA). Representatives from banking industry, financial ... More

EXPORTS & IMPORTS

Concessional import quota for edible oils, corn unchanged
ALMOST two months after the beginning of the new financial year, the Directorate General of Foreign Trade has notified the procedure for import of various items under the Tariff Rate Quota. In terms of public notice no. 13/2005 dated May 27, ... More

TOURISM

APTDC mulls cruise liner from Vizag to Andamans
THE Andhra Pradesh Tourism Development Corporation (APTDC) is planning to introduce a cruise liner from here to the Andamans via Chennai soon. The Minister for Tourism, Ms J. Geeta Reddy, told reporters at the Araku Valley on Monday that the ... More

China, Hong Kong among top-10 tourist destinations
IN 2004, Asian destinations, such as China and Hong Kong, firmly established their place among the world's top-10 tourist destinations. Data on international tourist arrivals complied by the World Tourism Organisation say Hong Kong powered ... More