The Hindu Business Line : Sunday, October 09, 2005

`TDSAT must consider alternative methods of dispute resolution'
THE Supreme Court Judge, Mr Justice S.N. Variava, has said the Telecom Dispute Settlement and Appellate Tribunal (TDSAT) could consider the scope for adopting alternative methods of dispute resolution such as arbitration, mediation and ... More

ECONOMY

Interest rates may harden, say bankers
BANKERS and analysts expect interest rates to go up at least by 50 basis points, in the current fiscal, in view of the expected eight per cent growth in GDP, and the hardening trend in global interest rates. According to them, a healthy credit ... More

FOREIGN TRADE

`Good potential for intra-Asian trade'
INTRA-Asian trade today accounts for $625 billion, comprising 42 per cent of all exports from Asian countries. This is not commensurate with the potential that exists for trade flows among the Asian economies, the Chairman and Managing Director ... More

PETROLEUM

ONGC plans two coal gasification projects in TN, AP
ONGC is planning commissioning of two pilot coal gasification projects in Tamil Nadu and Andhra Pradesh by the end of the year. Having already entered into an MoU with Neyveli Lignite Corporation (NLC) for setting up underground gasification ... More

Gas task force to offer necessary infrastructure for Kochi LNG terminal
THE gas task force (GTF) formed with the officials ofBharat Petroleum Corporation Ltd and Kochi Refineries Ltd for marketing natural gas in and around Kerala will provide necessary infrastructure beforethe commissioning of the LNG terminal in ... More

TEXTILES

No TUFS benefit for wind energy investments by textile cos: CCEA

Wind mills investments are not textile machinery-specific

Such investments are not part of textile modernisation

Financial support should come from Non-Conventional Energy Resources Ministry More

COAL

Industries & Commerce Assn keen to take up coal mining
THE Industries and Commerce Association, which looks after the interests of hard coke manufacturing units in and around Dhanbad in Jharkhand, is keen to take up coal mining activity on behalf of coke manufacturers who are facing rough weather due ... More

REAL ESTATE & CONSTRUCTION

Construction is a Cinderella story
CONSTRUCTION companies have never before enjoyed such strong investor fancy. Lifted suddenly out of years of low single-digit price earnings multiples (what the market is willing to pay for every rupee of earnings), ... More

REALTY CHECK
Investment in hotels a lucrative biz
There are two types of value for investment in real estate. One is the fair market value depending upon the transaction in the market and the other is the worthiness of the investment. Running a hotel business is a flourishing business today with ... More

Service apartments: A cost-savvy concept
Twenty-three-year-old Ajit Kumar was not just new to the job but to the city too. Back home in Uttar Pradesh, his folks worried as to how he would manage in Chennai, as he did not understand the language or what he would do for food. On his ... More

Accounting for farms
Agricultural farms are rather complicated and so far no standard has been issued by the Institute of Chartered Accountants of India on this type of business. In the absence of any such standards, generally accepted accounting principles should be ... More

After quake, realtors for making safety norms mandatory
WITH another severe earthquake hitting India and Pakistan on Saturday, leading to heavy loss of life and property, the construction industry raised the demand for making certain safety norms such as structural engineering certification and ... More

THE REAL MACCOY
Trade jewellery for residential house
I want to dispose of my investments in precious metals and jewellery and invest in a residential house. Are there any tax incentives for me? Madusudan Aggarwal, New Delhi Assuming your investment in jewellery is more than ... More

PRECIOUS METALS

Bharat Diamond Bourse to be operational by June
THE Bharat Diamond Bourse (BDB), coming up at the Bandra-Kurla Complex (BKC) in Mumbai, is expected to be fully operational by June 2006. The Bourse will come up on a 20 acre land, on which eight towers will be constructed housing 2,500 small ... More

World Gold Council bullish on festival sales
THE World Gold Council (WGC) is bullish on gold consumption and sales in the country during the ensuing festival season of Dusshera, Diwali and Ramzan. The council expects an annual growth of over 30 per cent in gold consumption in the ... More

TEXTILE MACHINERY

Chinese cos in bid to supply machinery for NTC
AMONG the textile machinery suppliers who have responded to the global tenders floated by the National Textile Corporation (NTC) for supply of machinery are Chinese manufacturers. The NTC management recently opened the technical bids for all the ... More

PACKAGING

Kraft paper price hike hits packaging industry
THE corrugated packaging industry in the small-scale sector today finds its viability increasingly eroded by the periodic price hike in Kraft paper, its principal raw material, and other inputs. The erratic supply of Kraft paper from mills is ... More

WTO

Kamal Nath to lead Indian team at WTO meet
THE Commerce and Industry Minister, Mr Kamal Nath, will lead the Indian delegation to Zurich and Geneva for participating in a series of World Trade Organisation (WTO) related meetings from October 10 to 12. The Minister will first participate ... More

INCOME TAX

NATURAL CALAMITIES

Govt to release Rs 100-cr aid
THE Cabinet on Saturday reviewed the situation following the earthquake. Briefing newspersons, the Information and Broadcasting Minister, Mr Jaipal Reddy, said that while two people had been killed in Punjab, the rest of the deaths had been ... More

J&K Bank to work on Sunday in quake-hit areas
NEW DELHI: In the wake of the loss of life and property in Saturday's earthquake, Jammu and Kashmir Bank has decided to keep all its branches open on Sunday in the worst-affected districts of Kupwara, Uri and Baramulla. The branches ... More