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Sunday, October 23, 2005


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INDUSTRY & ECONOMY

OUTSOURCING


Socomec to make India outsourcing hub for switchgears
SOCOMEC Group of France plans to make India its global outsourcing hub for switchgears, energy meters and energy management systems. It is poised to invest Rs 150 crore on capacity expansion over the next three years in its joint venture HPL ... More

ANTI-DUMPING


Sunset review on dumping duty on sodium hydrosulphite
THE Designated Authority in the Commerce Ministry has initiated sunset review concerning anti-dumping duty on sodium hydrosulphite imported from China. Sodium hydrosulphite, a white or greyish white crystalline powder, is widely used in ... More

PETROLEUM


BPCL keen on trading in NCDEX natural gas futures — Ties up for collaboration on furnace oil contracts
AFTER furnace oil futures, the state-run BPCL is taking keen participatory interest in natural gas futures trading on the National Commodity & Derivatives Exchange Ltd (NCDEX). The oil marketing major has interest in natural gas through its ... More

STEEL


`Export cars, not iron ore'
THE Tata Steel Deputy Managing Director, Dr T. Mukherjee, has made a strong case for disallowing export of iron ore from the country. Speaking at Steel Metallics India 2005 organised here by Metal Bulletin and MetalJunction, Dr Mukherjee said: ... More

PAINTS


Paint stocks take on a richer hue
IT may not boast the visibility of information technology services or the interest associated with a high-growth sector such as retailing, but the paint industry has proved it is certainly not trailing behind in ... More

FOREIGN DIRECT INVESTMENT


`Concerns about Wal-Mart, other giants unfounded'
MR Stephen Goh, Executive Chairman, Retail Asia, a Singapore-based regional trade magazine, has dismissed concerns about Wal-Mart and other global retailing giants displacing the domestic industry as totally unfounded. He said the ... More

RURAL DEVELOPMENT


Confederation of NGOs for rural India launched
A COMMON platform for collective working of diverse non-governmental organisations (NGOs) at the district/regional/State/national level under the Chairmanship of Dr Mohan Dharia, former Deputy Chairman, Planning Commission, has been set up to ... More

EVENTS


Co secretaries must go in for talent pooling
COMPANY secretaries should learn to pool their expertise and knowledge with chartered accountants and lawyers to set up multi-disciplinary firms to survive in a competitive market, said Mr S. Balasubramanian, Chairman, Company Law Board. Mr ... More

INTERNATIONAL TRAVEL


US Senators push for 50 pc hike in H-1B visas
US Senators have put their weight behind a proposal to increase the number of H-1B visas for highly skilled guest workers from 65,000 to 95,000 - roughly a 50 per cent hike. That is the good news - at least, as far as Indian technology ... More

Mexico to issue visas in 24 hours to businessmen
THE Mexican Embassy in New Delhi has been authorised to issue three-year multiple entry visas to Indian businessmen within 24 hours of their filing the application, said Ms Lourdes Aranda, Mexican Deputy Minister for Foreign Relations, ... More

EXPORTS & IMPORTS


RBI against gold imports as personal baggage
`It may become another source of money laundering'

CONSENSUS may be evolving among official circles on a fresh round of liberalisation of the gold import policy, but as a personal baggage it appears to be too heavy for the Reserve Bank of India to handle. According to official sources, the RBI ... More

PEOPLE


New President of TAAI
MUMBAI: The annual general meeting of the Travel Agents' Association of India (TAAI) has elected Mr Ashwini Kakkar as its new President. Mr Kakkar is the Chief Executive Officer & Managing Director of Thomas Cook (India) Ltd. The AGM, ... More

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    Forex reserves rise by $82 m

    US Senators push for 50 pc hike in H-1B visas

    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. 16-Oct. 22
    Vegoil tariff values raised by $10-24/t

    UK, Australian firms in race to be legal advisors for Iran pipeline project — No response from Indian firms

    Shipping Ministry steers for an India-owned LNG fleet

    Time for India to draw FDI into R&D

    Antibiotics segment ailing due to high input costs

    Staffing cos may soon pip IT firms in job market

    More pharma patent litigations in store — Ranbaxy, Dr Reddy's prepare for long battle

    India watching PetroKazakh revamp

    Panel to examine compulsory licensing of bird flu drug

    Mid-size sedans in the fast lane

    Bio-diesel card being overplayed a little; cautious monitoring of market needed

    H1 exports up 20 pc; trade deficit widens

    Domestic companies fuelling growth in insulin segment

    Spate of natural calamities turns worrisome — Insurers to scale up CAT cover

    D&B index predicts optimistic outlook for Q4

    South likely to have more wet spell

    H1 gem & jewellery exports up 20.73 pc

    Online auction to help discover price for carbon credits

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

    5 lakh bales cotton contracted for exports

    NTC case: Maharashtra not to appeal, says CM

    Crude oil output dips by 7.3% in Sept

    High margins trigger increase in soya oil imports

    Sports channels have to share telefeed with Prasar Bharati — Cabinet clears uplinking, downlinking policy

    Global benchmarks in manufacturing — Indian arms of MNCs show the way

    Cabinet gives in-principle nod for IBP-IOC merger

    Steel cos likely to sustain growth on robust volumes

    Crude, metals to remain firm in Q4

    Operating cost of new vehicles goes up with fuel prices: J.D. Power

    Most rubber estates may not get carbon credit

    Consumer durables sector sees pick-up in sales

    Govt chalking out plan for joint overseas bidding by oil PSUs


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