Financial Daily from THE HINDU group of publications
Wednesday, September 18, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Dumping duty on TSP to continue
THE Designated Authority in the Commerce Ministry has recommended the continuation of anti-dumping duty on imports of `thermal-sensitive paper' (TSP) from the European Union (EU). The domestic industry represented by Shree Krishna Paper Mills & ... More

AWARDS & HONOURS


Economist honoured
CHENNAI: Dr P.R. Brahmananda, former president of the Indian Economic Association and well-known economist, has been elected honorary president of the International Economic Association at the Lisbon conference. The International ... More

ECONOMY


Economy should continually upgrade itself: Governor
COMPETITIVE forces are expressing themselves in the form of threat of new entrants as products or services and firms need to react appropriately to the changes to succeed, said Dr. C. Rangarajan, Governor of Andhra Pradesh, here. The Governor ... More

ENVIRONMENT


Pampa Action Plan will be implemented: Jacob
THE State Government will go ahead with the implementation of the Pampa Action Plan, according to the Minister for Irrigation and Water Resources, Mr T.M. Jacob. A detailed report on the implementation plan will be submitted before the Centre ... More

FOREIGN TRADE


Rs 10-cr deals with Chinese cos by delegation
An eight-member delegation led by Mr H.A. Nagaraja Rao, Regional Executive, Electronics and Software Promotion Council, Regional Office, Bangalore, visited China recently. The delegation comprising eight IT companies from South India ... More

HOTELS


Bubble Cafe relaunched
KOCHI: Taj Residency has relaunched its Bubble Cafe restaurant. Mr Shekhar Walavalkar, Resident Manager, said that the Bubble Cafe has proved to be an ideal venue for the complete family outing. The relaunched Bubble Cafe will remain ... More

INFRASTRUCTURE


Move for permanent trade fair complex in Kolkata
THE West Bengal Government and the India Trade Promotion Oganisiation have jointly launched efforts to set up a permanent trade fair complex on the eastern fringes of the city, near the Science City complex. Once completed, the complex is ... More

PSU


One PSU pays for deeds of another
ON September 11, Greece-based Foresight Shipping Co Ltd impounded Shipping Corporation of India (SCI) vessel m.v. Lok Rajeshwari at the Canadian port of Sorel. Ordinary event or big deal, one may say... but herein hangs an interesting tale of how ... More

PETROLEUM


Petro product sales up
RISING auto sales have continued to boost the sale of petroleum products, especially petrol and lubricants, last month. According to analysts, this could finally be an indication that the economy may be well on its way to recovery. While ... More

TAXATION


Cut in social security tax sought for Indians in US
"A tax avoidance treaty on Social Security, known as Totalisation Agreement, will enable Indian nationals working in the US to save substantial amounts since they would not be legally bound to contribute towards the social security tax which is upwar ds of 21 per cent of the total earnings of an employed or self-employed person." More

SSI


SMEs eyeing green pastures in CIS, African countries
AFTER crying foul over the dumping of goods, the domestic small-scale sector has now decided to take the fight right back to the world stage. With this in mind, Indian small and medium enterprises (SMEs) have started scouting for business ... More

WATER MANAGEMENT


Water levels unchanged in reservoirs
THIRUVANANTHAPURAM: Water levels in the major reservoirs of Kallada, Idukki and Idamalayar remained unchanged when compared with the readings of the last week, according to the Central Water Commission. According to the latest readings ... More

  • Water supply to improve in Bangalore

    EDUCATION


    International qualification for class X exam planned
    THE Council for Indian School Certificate Examinations (CISCE), which conducts the Indian Certificate of Secondary Education (ICSE) examination, is planning to launch an international qualification for Class X examination, which will be at par ... More

    VCs' meet soon to draft courses for tourism jobs
    IN another move to give a fillip to the tourism sector, Andhra Pradesh Government proposes to introduce job-oriented, practical tourist guide and resort management training programmes soon. A conference of Vice-Chancellors to discuss the ... More

  • CARS


    Keep that spark glowing
    The battery is the weakest part of an electric car. Now technology plays buddy and an active role to make your battery last longer while your car swallows up the miles. More

    TWO/THREE WHEELERS


    Three-wheeler sales move into top gear
    THREE-wheeler manufacturers are riding on the crest of a sharp uptrend in sales over the last few months and are putting in place plans to step up production in anticipation of a further increase in demand over the next year . Market leader ... More

    INDUSTRY ASSOCIATIONS


    CII plans logistics centre in Chennai
    THE Confederation of Indian Industry (CII) plans to establish a logistics institute in Chennai. The process of setting up the Centre of Excellence (CoE) in Logistics had just begun and would take a couple of years for the centre to come up, Mr ... More

    SCIENCE & TECHNOLOGY


    `Harmful' CFCs to be phased out
    THE country will phase out the use of ozone-depleting CFCs (chlorofluorocarbons) in the manufacturing sector except for essential medical purposes by the year-end, the Union Environment & Forest Minister, Mr T.R. Baalu, has said. As per the ... More

    CINEMA


    Film-making must be viable: Buddhadeb
    THE West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, has asked the entertainment industry to "combine creativity with professionalism" with a view to ensuring its viability in the long-term. Speaking at a FICCI-Indian Chamber of ... More

    DISINVESTMENT


    Petroleum Ministry to seek stripping of EIL reserves
    THE Petroleum Ministry will be shortly writing to the Ministry of Disinvestment (MoD) seeking stripping of around Rs 500 crore of free reserves of Engineers India Ltd (EIL) prior to its proposed privatisation. This move is aimed at averting a ... More

    KMC Constructions bids Rs 32.2 cr for Kovur mill
    THE Nellore-district based Kovur co-operative sugar mill, which attracted six bids, had the highest offer of Rs 32.22 crore from KMC Constructions, followed by Sudalgunta Hotels with Rs 32 crore. Continental Coffee, Krebs Biochem, Empee ... More

    WTO


    `Offset payments not in sync with WTO rules'
    THE ruling by the panel of the World Trade Organization (WTO) upholding the key arguments made by 11 complainants including the European Union, India and others in Geneva is seen as a ``mixed bag''. A WTO panel report on Monday concluded that ... More

    REGULATORY BODIES & RULINGS


    DGFT offices relocated
    THE offices of the Joint Director-General of Foreign Trade (DGFT) have been shifted from Kochi to Thiruvananthapuram. As a result of the move, effected overnight by the Ministry of Commerce, the export community in Alappuzha and Ernakulam up in ... More

    EVENTS


    Need to combine modern, swadeshi spirit: Advani
    THE knowledge industry's research and development got yet another endorsement today, this time from the Deputy Prime Minister, Mr L.K. Advani. Delivering his inaugural address for India-Chem 2002, Mr Advani said there was a need for combining ... More

    Seminar puts downsizing in perspective
    A ONE-DAY seminar on `Downsizing in Industry - a Panacea or Curse', organised by the West Coast Employers' Federation in association with the Employers Federation of South India, was held on Monday. Inaugurating the seminar, Mr R. ... More

  • Thiruvananthapuram Engagements

    EXPORTS & IMPORTS


    Foodgrain exports set to cross 15-mt mark
    EXPORT of foodgrains from the Food Corporation of India's (FCI) stocks are set to soon cross 15 million tonne mark, since the drive to allow such shipments at highly subsidised rates began in November 2000. According to an official release ... More

    ITPO initiative to boost exports from south TN
    THE Madurai District Tiny and Small Scale Industry Association (Maditssia) is organising a one-day seminar on `Export promotion and display of foreign product catalogues' on September 19. The seminar is co-sponsored by India Trade Promotion ... More

    TOURISM


    Natpac readies Rs 29-cr tourism plan for Varkala
    A RS 29-CRORE masterplan for developing the cliff-by-beach destination of Varkala on the outskirts of Thiruvananthapuram lays emphasis on a strategy that swears by the need to put up adequate infrastructure supported by suitable marketing ... More

    Good foreign response to travel mart
    THE three-day second Kerala Travel Mart, which opens in Kochi on October 3, will be attended by more than 600 tour companies, including 350 from abroad. "The event has evoked quite an enthusiastic response from national and international buyers ... More

    ECONOMIC OFFENCES


    9 ST officials suspended at Walayar
    THIRUVANANTHAPURAM: The State Government has served suspension orders on nine Sales Tax officials who were found in possession of unaccounted money during surprise raids conducted by the Vigilance and Anti-Corruption Bureau at the Walayar ... More
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    Top Stories
    HLL to reposition Vim as `complete kitchen cleaner' — Brand extensions to take on regional/unorganised sector


    NHPC hopes to be off Govt aid by 2008-09

    More is not merrier for cellular operators — Rise in subscriber base pinches pocket

    Monthly sugar release system may go soon

    Foodgrain exports set to cross 15-mt mark

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 8-Sep. 14
    Cement majors flout jute order

    Why disinvestments must go on

    As China booms and preys, Hong Kong rues lost business

    Corporate tax collections up 45%

    Implications of 100 pc FDI in oil sector

    Industrial growth 6.4 pc in July — CSO data point to revival trend

    Productivity-linked reward scheme — Port, dock workers to press for flat 20 pc payment

    Textile, plantation sectors drag export growth — Modest growth in gem, jewellery, petro goods

    Insulin prices hiked; TB drugs to cost less


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