Financial Daily from THE HINDU group of publications
Thursday, October 20, 2005
Markets (October 19)
BL 2502271.50 (-57.36)
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


More rain from interacting systems seen
THE interaction between a tropical system (Bay of Bengal-generated) and an extra-tropical system (western disturbance) is only half way through when a successor system in the form of cyclonic circulation from the Bay has set itself off on a ... More

NON-CONVENTIONAL ENERGY


Rlys to plant jatropha for captive use — Minister seeks private participation
Railways, now, annually spends more than Rs 4,000 crore on their diesel requirements, and after the recent hikes in prices of diesel, have started to think of alternative fuels to reduce this cost burden. More

Biofuel policy: Lukewarm response from industry
THE biofuel policy announced recently by the Union Petroleum Ministry has received a lukewarm response from the industry. The industry is worried that the policy has fixed a price for biofuel without any reference to the raw material price. ... More

CEMENT


`Decline in cement stocks provides buying opportunity'
CEMENT stocks have been slipping, in line with the downbeat market sentiment. But analysts feel that the situation has provided an opportunity for certain market players to buy. According to Mr Deepak Jain of Anagram Stockbroking, cement ... More

ENVIRONMENT


Online auction to help discover price for carbon credits
Firms wanting to sell potential carbon credits are required to list their project design document at the online exchange. More

Italy to invest in CDM projects
NEW DELHI: Italy could potentially invest about 100 million Euros per annum during 2008-12 in Indian projects as a part of its green house gas emission (GHG) reduction targets set by the Kyoto protocol. The investment would flow to ... More

HEALTH


ICMR workshop on clinical trials in Hyderabad
THE Indian Council of Medical Research (ICMR) in collaboration with the Administrative Staff College of India (ASCI) and the US-based Fordham University would be organising a one-and-a-half day interactive workshop on `Building and Managing ... More

Workshop on hip resurfacing in Hyderabad
HYDERABAD: Dr Amit Pisapati, an expert in hip resurfacing, has demonstrated the craft to over 100 orthopaedic surgeons here. Dr Amit performed the procedure on two patients. The new procedure in hip replacement involves metal-on-metal ... More

INFRASTRUCTURE


AP plans integrated approach to amenities
THE State Government has decided to adopt an integrated approach to the development programmes pertaining to basic amenities aimed at effectively meeting the community needs of the State population in a phased manner. The new development ... More

PETROLEUM


GAIL appoints UK co as technical consultant for pipeline project
GAIL (India) Ltd on Wednesday said that the UK-based ILF Consulting Engineers Ltd has been appointed `technical consultant' to carry out a pre-feasibility study for the Iran-Pakistan-India pipeline project. In a statement issued here, GAIL ... More

POWER


APERC seeks proposals on multi-year tariff plan
THE Andhra Pradesh Electricity Regulatory Commission (APERC) has formulated a draft regulation specifying multi-year tariff principles for determining tariffs under the Electricity Act 2003, and has invited suggestions from stakeholders before ... More

NHPC contract for Hindustan Const
NATIONAL Hydroelectric Power Corporation has finalised contract agreements with Hindustan Construction Company Ltd for civil works for the 240-mw Uri-II and 231-mw Chamera-III hydel power projects in Jammu and Kashmir and Himachal Pradesh ... More

TAXATION


Last date for feedback on draft service tax on ad services extended
CORPORATE India and advertising agencies have been given more time to submit their views and suggestions on the recent draft circular relating to service tax on advertising services. The Finance Ministry has extended the last date for ... More

SSI


HDFC Bank unveils corporate credit card for SMEs
HDFC Bank on Wednesday launched a corporate credit card for the small and medium enterprises (SME) segment jointly with MasterCard. The card, christened HDFC Bank PowerPlus BusinessCard, can be used to pay for business expenses and is linked to ... More

COAL


`India to adopt global classification of coal from next fiscal'
INDIA will adopt the internationally accepted gross calorific value (GCV) based classification of coal from the next financial year and discard the existing system of useful heat value (UHV) based classification. This was announced by the ... More

RADIO/TV


Building the radio brand
Branding gets tough for FM radio stations as they all have to target the masses with their programming and yet be different in their positioning. More

EDUCATION


Mumbai B-School fest a hit with students
THE ongoing weeklong annual festival of SIES College of Management Studies comprising eight events covering seven disciplines is a serious attempt by management students to demonstrate their focus and competitive strengths. The Navi ... More

BEVERAGES


`Ad expense is not business expense for concentrate co'
THE genesis of the Bombay High Court stay order of Wednesday lies in an income-tax dispute related to Coca-Cola India Pvt Ltd (CCIL), which makes the concentrate. This company, according to informed sources, has been a profit-making entity. ... More

GEMS & JEWELLERY


H1 gem & jewellery exports up 20.73 pc
INDIA'S gem and jewellery exports increased by 20.73 per cent to $8391.91 million (Rs 36,486.74 crore) in the six-month period ending September compared with $6951.01 million (Rs 31,477.34 crore) during the corresponding period a year ... More

MEDICAL INSTITUTIONS & HOSPITALS


Emergency heart line services in Hyderabad hospital
HYDERABAD: Veteran film actor Suman has inaugurated Wockhardt Emergency Heart Line Services at the Kamineni Wockhardt Hospitals here by activating the help line number (5500 2200). In a press release, Dr Rajendra Sharma, Regional Head ... More

REAL ESTATE & CONSTRUCTION


NTC case: Maharashtra not to appeal, says CM
THE Maharashtra Government will not appeal against the verdict of the Bombay High Court in the mill land case. However, it will seek legal advice on the implications of the verdict. There is still ambiguity about the verdict, the Chief ... More

YSR calls for focussed approach to housing
IN a bid to achieve the set targets of the State Government in housing programmes, the Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked officials to complete all the housing schemes as per schedule. According to an official ... More

Salim Group chief to visit West Bengal today amid protest threat
DESPITE apprehension of major protests by the Trinamool Congress, Mr Benny Santoso, Chief Executive Officer of the Indonesia-based $30-billion Salim Group of Industries, is scheduled to visit the city on Thursday to firm up his group's investment ... More

SILK


Art silk industry not keen on joining CITI
THE Confederation of Indian Textile Industry (CITI)'s move to rope in other sections of the domestic textile industry into its fold has hit a discordant note with one of the key representative bodies of synthetic textile producers rejecting ... More

SCIENCE & TECHNOLOGY


Discovery's Greatest 100
MUMBAI: Discovery Channel's new programme `100 Greatest Discoveries' will showcase landmark scientific discoveries in the past few centuries in various fields. The discoveries include Sir Isaac Newton's Laws of Motion, Albert Einstein's ... More

RURAL DEVELOPMENT


Syndicate Bank launches rural housing plan for poor women
SYNDICATE Bank, in association with Rajiv Gandhi Rural Housing Corporation and Kadamba Charitable Trust of Sirsi, has launched `Synd Kuteera' — a rural housing scheme for women belonging to the below poverty line (BPL) category. Under ... More

IT kiosks to be set up in 1 lakh villages
PEOPLE living in far-flung villages will soon be able to avail themselves of a slew of services ranging from procuring land records to getting caste certificates for jobs at the click of a mouse. The Government plans to to roll out `common ... More

EVENTS


PRSI meet on `India 2010' in Mangalore on Oct. 21
MANGALORE: The Mangalore-Manipal chapter of Public Relations Society of India (PRSI) has organised a lecture on `India 2010 - The Global Destination' in Mangalore on October 21. A PRSI press release said here on Wednesday that Mr Narendran ... More

  • Engagements

    RAILWAYS


    RITES targets Rs 1,000-cr turnover in five years
    RITES, the consulting arm of the Indian Railways, is targeting a turnover of Rs 1,000 crore by 2010 from Rs 240 crore now. For this, the company will increase its focus on running and maintaining railways in other countries, especially Africa. ... More

    ENTREPRENEURSHIP


    Traffic awareness drive in Hyderabad
    HYDERABAD: The Young Indians (YI), an initiative started by the Confederation of Indian Industry (CII) to groom young entrepreneurs, have started a programme to contribute their mite in easing traffic congestion in the city. The YI, ... More

    EXPORTS & IMPORTS


    5 lakh bales cotton contracted for exports
    AT least five lakh bales (of 170 kg) of cotton have been contracted for exports to Asian countries even as the new cotton season has got under way. "Countries such as China, Taiwan and Bangladesh have bought Indian cotton, which now enjoys a ... More

    Aim for exports worth $100 b: Kamal Nath
    THE Commerce and Industry Minister, Mr Kamal Nath, on Tuesday exhorted exporters to aim for the $100-billion mark in the current fiscal. This level, he said, was only $8 billion more than the export target of $92 billion set by the Government for ... More




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    Online auction to help discover price for carbon credits


    NTC case: Maharashtra not to appeal, says CM

    Long-term gilt funds face reversal in investor mood

    H1 gem & jewellery exports up 20.73 pc

    5 lakh bales cotton contracted for exports

    Rlys to plant jatropha for captive use — Minister seeks private participation

    Biocon Q2 net down 29 pc — Tax outgo, European statins market hit profits

    Reliance Energy Q2 net up 24 pc on higher sales

    In Focus

    Indian Aviation: Sky is the limit
    Stock splits
    India Inc's bonus bonanza
    Dabhol power regenerated
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Oct. 9-Oct. 15
    Bharat Diamond Bourse to be operational by June

    Kraft paper price hike hits packaging industry

    World Gold Council bullish on festival sales

    `TDSAT must consider alternative methods of dispute resolution'

    Shippers ride the US wave

    Now, US grapes luring South Indian markets

    `Low' over Bay strengthening

    Gold jewellery exports likely to touch $5 b

    `Entry level salaries for grads sharply up'

    Advantages of duty sops, lower lead-time for exports — Textile cos begin to set up units abroad

    Delay in announcing pepper export subsidy upsets growers, trade

    Steady fall in manmade textile exports

    `Farmer households spend 55 pc on food'

    Industrial growth dips in Aug on slowdown in mining sector

    China's growth projection to boost commodities

    38 pc consider multiple brands before vehicle purchase: J.D. Power

    Demand makes paint sector buck input costs pressure

    Low tax-GDP ratio daunts India's quest to join developed world

    World GDP growth hinges on India, China

    Readymade exports grow 16.12 per cent in April-July

    Hindi mass entertainment TV channels losing share — More takers for niche genres

    Govt to float bonds to fund small hydel power projects

    Car sales rise 10 pc in Sept; CVs up 14.3 pc

    Absorption of ITS officers into MTNL, BSNL — SC dismisses DoT plea to vacate stay orders on contingency plan


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