Financial Daily from THE HINDU group of publications
Thursday, November 28, 2002
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INDUSTRY & ECONOMY
  • COURTS/LEGAL ISSUES


    SC reserves ruling on limited mobility
    THE Supreme Court has reserved its verdict on the petition by Cellular Operators' Association of India (COAI) challenging the Government's decision to allow basic operators offer limited mobility services on wireless local loop (WLL). The ... More

    ECONOMY


    `With reforms, India can take on China'
    THOUGH China and India are often compared for each one's progress in the liberalisation path they traversed till date with the credit often attributed to the dragon for managing the change well, India has nothing to fear from China if only it ... More

    Strengthening IPRs can boost GDP, says Kalam
    THE President, Dr A.P.J. Abdul Kalam, has emphasised the need to streamline and strengthen the intellectual property rights (IPRs) and convert them into viable business propositions. This, he said would help sustain a better GDP growth and become ... More

    Globalisation inevitable, says Rahul Bajaj
    GLOBALISATION is inevitable and it is in India's best interest that it reaps the benefit by becoming `Destination No. 1' for foreign investors. This emerged at the session on `Is India afraid of globalisation,' organised as part of the India ... More

    EXCISE AND CUSTOMS


    Excise holiday boosts investments in N-E — Hind Lever, SmithKlineBeecham lead the way
    THE excise holiday announced by the Union Government in 1999 has worked as a major boom for the north-eastern sector as leading corporate houses like Hindustan Lever Ltd and SmithKlineBeecham have set up manufacturing bases in that ... More

    FOREIGN TRADE


    `Scope to widen India-China trade ties'
    WITH the Indian and Chinese Governments making constant efforts to improve bilateral ties, the two countries had enough scope to strengthen bilateral trade without treading on each other's toes, according to the representatives of the Government ... More

    S. Korea keen on tie-up in IT, textile sectors
    SOUTH Korea wants to enter into a tie-up with Andhra Pradesh in IT and textiles sectors and it will be done next year marking its three-decade-old diplomatic relations with the country, Mr Kim Ik Hwan, Director of Korea Trade Centre (KTC) at ... More

    HEALTH


    NACO bid for cheaper AIDS drugs
    THE National Aids Control Organisation (NACO) plans to set right the anomaly where domestic pharma companies make their presence felt in the world of generic anti-AIDS drugs, even as their requirement is acutely felt in India. There are an ... More

    Workshop on info systems for healthcare
    THE Indian Institute of Information Technology and Management-Kerala (IIITM-K) and the Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), Thiruvananthapuram, are jointly organising a workshop on `Information systems and ... More

    INFRASTRUCTURE


  • Rs 1,369-cr scheme before Hudco

    PSU


    Plea for more managerial autonomy for PSUs
    THE Government should grant more "managerial autonomy" to public sector enterprises (PSEs) to manage their affairs in an efficient manner in the fiercely competitive business environment, according to the Chairman and Managing Director of Bharat ... More

    POWER


    DisComs privatisation: Karnataka Govt to begin with urban circles
    The proposal now being considered is to parcel the urban circles for privatisation, whereas the rural circles would be retained by the Government for some more time till full data on consumption and revenue losses are available. More

    ADB consultants moot corporatisation of KSEB
    THE consultants of Asian Development Bank (ADB), who are preparing a development programme for the Kerala power sector as part of the proposed loan assistance from the bank, have suggested corporatisation of the Kerala State Electricity Board ... More

  • Tenders for 62 small hydel projects

    STEEL


    Financial revamp will help steel cos turn around: Crisil
    A LARGE-scale financial restructuring that would significantly reduce finance costs and debt levels is essential to turnaround most domestic steel companies, according to Crisil. A Crisil study on the sector reveals that the interest burden of ... More

    SUGAR


    Move to create sugar buffer cheers industry
    THE sugar industry in Tamil Nadu has welcomed the Cabinet Committee on Economic Affairs decision to create a 20-lakh tonne buffer stock on Government account. According to the President of South Indian Sugar Mills Association, Dr Palani G. ... More

    TAXATION


    `Businesses need tax incentives to corporatise'
    THE Government should provide incentives to corporatise businesses through its fiscal policies to ensure a sustainable corporate tax base in the country, according to Mr Rahul Garg, Executive Director, PricewaterhouseCoopers (P) Ltd ... More

    SSI


    Bescom's new tariff order on deposits puts SSIs in a spot
    SSI units, which were reeling under heavy payment burden and losses due to huge arrears from their customers including prominent business groups, said that the fresh demand from Bescom has come as a serious setback. More

    EDUCATION


  • Diploma in health management

    PAPER, BOARD & NEWSPRINT


    Domestic newsprint cos may revise prices in last quarter
    DOMESTIC newsprint manufacturers are contemplating to revise prices of newsprint for the January-March, 2003 quarter in conformity with the decision by the `cartel of four' major international newsprint producers, who have announced increase in ... More

    INDUSTRY ASSOCIATIONS


  • British Business Group launched

    FOREIGN DIRECT INVESTMENT


    US seeks friendly regime: Envoy
    INDIA has to create a congenial atmosphere for American capital to flow in, and the "Indian Government has to make it easier for them (US entrepreneurs) to come''. Addressing captains of Indian industry at a special session organised by the ... More

    RURAL DEVELOPMENT


    Rs 4,387-crore Nabard outlay for Coimbatore
    THE Potential-Linked Credit Plan (PLP) prepared by NABARD (National Bank for Agriculture and Rural Development) for Coimbatore district envisages an outlay of Rs 4387.21 crore towards various investments under the priority sector for the 2003-04 ... More

  • Nabard sanctions Rs 118 crore

    EVENTS


    Domestic air traffic showing signs of recovery post-9/11
    DOMESTIC air traffic is showing signs of recovery this year after the 9/11 setback and is slated for a healthy growth, according to the Ministry of Civil Aviation. Indian air operators and the sector has shown a growth rate of six per cent, ... More

    Meet on composites to begin today
    THE social benefits from the use of composites were as much as Rs 20,000 crore. The use of these `wonder' materials can save fuel up to Rs. 12,000 crores and loss due to corrosion up to Rs. 50,000 crores. Mr R.K. Mehta, Chairman of the ... More

  • Hyderabad Engagements

    EXPORTS & IMPORTS


    EEPC chalks out 3-point strategy — Eyes $10 b by 2006
    THE Engineering Export Promotion Council (EEPC), in a strong bid to achieve its export target of $10 billion by 2005-06, has chalked out a three-pronged strategy. According to Mr Satish K. Dhanda, the newly-elected Chairman of the council, the ... More
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    Top Stories
    Bangalore Court restrains UB from buying Mallya's US assets


    NRE deposits from UAE surge 20-25%

    Pvt life players may grab 4% share by fiscal-end: IRDA

    Financial revamp will help steel cos turn around: Crisil

    Rising egg exports may pull TN poultry from glut

    Infotech on verticalisation drive to boost expertise

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Nov. 17-Nov. 23
    Tax rebates removal, a breach of trust: Experts

    `Promote neem on global arena'

    ICSE online courses eye school dropouts

    Industrial fuels sale up in October

    Non-basmati varieties may take a beating

    Met office aiming at accurate forecast

    Festive October brings smile back to auto sector players

    TV channels among biggest ad spenders in print media

    Garment exports up 15 pc in first half

    Parboiled rice exports hit by price hike

    Fiscal deficit under control: Narayan

    SC hearing on limited mobility — Cellular operators accuse DoT of ignoring TRAI recommendations

    Core sector growth in April-Oct at 5.6 pc — Cement, steel lead the pack

    Govt to relax FDI rules


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