The Hindu Business Line : Tuesday, September 13, 2005

Electroplaters seek more time on effluent plan
THE members of stand-alone electroplating units here facing punitive action from the State pollution control board for discharging untreated effluent have sought time to implement a structured effluent handling plan. They want the board to ... More

CLIMATE & WEATHER

Kerala's lessons for Katrina-hit US
WHAT could possibly link last week's heavy rainfall in the southern districts of Kerala to a natural disaster that happened around 15,000 km away, across oceans, in a foreign land? Hurricane Katrina, which blighted New Orleans and other Gulf ... More

ECONOMY

Negative growth in electricity, mining pulls down IIP in July
NEGATIVE growth in the electricity and mining sectors in July this year lowered the overall growth in industrial production to 6.7 per cent against 8.5 per cent in July 2004, according to an official release. On a cumulative basis, however, the ... More

Chidambaram for consensus on financial reforms
THE Finance Minister, Mr P. Chidambaram, on Monday said that the Government would push through the next round of financial sector reforms only after political consensus is evolved over the various pending measures. "We need to accelerate the ... More

ENVIRONMENT

US forced to pay attention to emission problems
THOUGH the US walked out of the Kyoto Protocol on the worldwide problems created by emissions, regardless of where they originated, on the grounds that the matter `needed more thought', it has been forced to pay evermore attention to local ... More

UN panel meet to decide on carbon credit projects
A Clean Development Mechanism project needs to get its methodology approved for being validated. More

EXCISE AND CUSTOMS

Ministry needs more data from industry for abatement of excise
THE Finance Ministry has asked trade and industry to furnish adequate data and information in support of their claims to increase the abatement for levy of excise duty and service tax. While approaching the Advisory Committee for the ... More

FOREIGN TRADE

USIBC calls for greater B2B ties with Indian cos
THE US India Business Council (USIBC), representing over 130 of the largest US companies with trade and investment interests in India, has called for greater business-to-business cooperation between the two sides. Making a presentation on the ... More

Russian business team coming to Hyderabad
THE Russian Ambassador to India, Mr Vyacheslav I. Trubnikov, will lead a business delegation to Hyderabad on September 14 and 15.The delegation will explore opportunities to forge economic ties in the chemical, pharmaceutical, information ... More

HEALTH

On a long mission
Five Guntur-based enthusiasts, on a bicycle expedition, reached Hyderabad after completing 1700 km and covering three districts in Andhra Pradesh. The youngsters are on a mission to create awareness about HIV/AIDS. The team plans to cover ... More

INFRASTRUCTURE

Kalam calls for long-term drainage plan for Mumbai
THE President, Mr A.P.J. Abdul Kalam, has asked the Maharashtra Government to create a master plan for drainage keeping in minds Mumbai city's needs for the next 25 years. He told the authorities to adopt an integrated approach while ... More

TN Minister counters Maran on Chennai infrastructure
THE Tamil Nadu Information Technology Minister, Mr D. Jayakumar, has joined issue with the Union Minister for Communications and Information Technology, Mr Dayanidhi Maran, who had cautioned that Chennai would go the Bangalore way if ... More

PSU

Karnataka to decide on revival of select PSUs by Oct 15
THE Karnataka Government will have to decide the fate of three or four troubled PSUs by October 15, the Industries & Finance Minister, Mr P.G.R. Sindhia, said today. They are Mysore Paper Mills (MPM), Karnataka Vidyut Karkhane (KaViKa), NGEF ... More

POWER

KERC public hearing suggests steps to boost revenues
THE public hearing convened by the Karnataka Electricity Regulatory Commission (KERC) on the proposed hike in electricity tariff evoked good response from consumers here on Monday. While most consumers opposed the proposals for hike in ... More

TEXTILES

Home textiles - the next big opportunity
AFTER garments, home furnishing is emerging as the next hot destination for textile players. Exports of home textiles - bed, bath and kitchen linen - have zoomed over the past six months, after the dismantling of quotas, sparking off a ... More

`Textile industry needs to upgrade technology'
THE training courses offered by the Textile Testing and Development Centre (TTDC) should be utilised better to generate more skilled employees in the region, said the Secretary, Union Ministry of Textiles, Mr R. Poornalingam, while speaking at ... More

SSI

SMEs to propel growth in security tool market: IDC
THE next wave of growth in the security software solutions market will be from small and medium enterprises (SMEs), according to the latest report by the analyst firm International Data Corporation (IDC). In contrast, during 2004-05, security ... More

Tiruchi ancillary units facing shortage of skilled workers
A SUDDEN spurt in orders has left fabricators in the Tiruchi region gasping for shop-floor hands. There is a shortage of trained manpower - mainly, fitters, welders, grinders, painters, electricians and gas-cutters. Thanks to the growth in ... More

COAL

Gujarat NRE launches portal for coal trading
GUJARAT NRE Coke today launched an Internet-based coal trading portal coalrx.com. The company plans to auction one million tonnes of coal through this portal during the current financial year, the Vice-Chairman and Managing Director of the ... More

EDUCATION

ICSI oral coaching classes
THE Hyderabad Chapter of Institute of Company Secretaries of India (ICSI) has announced that it would commence the fresh batch of oral coaching for foundation, intermediate and final stages of Company Secretaryship course from September 26. In ... More

ELECTRICAL GOODS

Power equipment industry hit by soaring metal prices
Apart from the rising prices, availability of the metal products has also hit the industry. More

GEMS & JEWELLERY

Jewellery design institute in TN
COIMBATORE: The Gems and Jewellery Export Promotion Council (GJEPC) is planning to set up a design institute in the South. The council has, according to Mr Ruban Hobday, Director, GJEPC (Southern Region), submitted its proposal to the ... More

MEDICAL INSTITUTIONS & HOSPITALS

Apollo Hospitals to expand Cradle brand
THE Apollo Hospitals group is looking to expand its Cradle brand of boutique birthing centres by entering into franchising agreements with local partners. On Monday, it signed an agreement with Arvind Medicare to start such a centre in Gurgaon, ... More

REGULATORY BODIES & RULINGS

Power Ministry may drop plans to clip regulators' wings
THE Power Ministry is likely to drop its plans to clip the powers of regulators in the proposed amendments to the Electricity Act. The Union Power Minister, Mr P.M. Sayeed, today said the proposed amendments to the Electricity Act have been ... More

Govt mulls integrated regulators for energy, transport
THE Government is working towards having integrated regulators for the energy and transport sectors. "It makes sense to have an energy regulator and a transport regulator, who would look at the regulation aspects in these sectors," said Mr Montek ... More

EVENTS

HR experts stress on strategies to retain knowledge
"GROOMING talent to leadership positions is not an HR function, but the priority of the board," said Ms Revathi Kasturi, President, Tarang Technologies, and Executive Council member of Nasscom, in her opening remarks at a Nasscom-Sapient ... More

IIMM to hold Natcom 2005 meet in Kolkata
THE Indian Institute of Materials Management (IIMM)is bringing back its three-day annual national convention "Natcom-2005", the 28th in the series, to Kolkata, beginning November 10, after a gap of 13 years. Addressing a news conference here ... More

CONSUMERISM

Bank in dock for `deficient' service
A CONSUMER court in Chennai has directed a private sector bank to pay a compensation of Rs10,000 to a buyer of a two-wheeler financed by it. Holding that the service rendered by the ICICI Bank, Kotturpuram Branch, was "deficient" in not ... More

EXPORTS & IMPORTS

Coffee Board sees exports rising in Jan-March
The Coffee Board expects adequate coffee stocks to be available in the supply chain to make up for the deficit in exports. More

NATURAL CALAMITIES

Mumbai floods cost Iffco-Tokio General Rs 240 cr in claims
IFFCO-TOKIO General Insurance Company will have to shell out about Rs 240 crore to settle claims arising from the recent Mumbai floods. These claims mainly relate to insurance cover for motor, industry, marine, shops, and offices. "We have ... More

TOURISM

Nature's gift
The Soochippara Waterfall near Meppadi in Wayanad district is an untapped treasure of nature tucked in forestland. The Tourism Department is now making efforts to increase the connectivity to the place by improving the roads. A convenient hop ... More

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