Financial Daily from THE HINDU group of publications
Saturday, January 11, 2003
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Financial Daily from THE HINDU group of publications Saturday, January 11, 2003 |
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INDUSTRY & ECONOMY INVESTMENTS 
MFs can invest $1 b in listed foreign cos — Window open also for individuals, corporatesAS part of a slew of big-bang measures aimed at further flexibility in capital account transactions and integrating the Indian financial market with the global capital markets, the Finance Minister, Mr Jaswant Singh, today announced that ... More
At Maruti TrueValue, older is now better ANTI-DUMPING Soda ash sector seeks hike in import duty "As the Supreme Court ruling pertains to the ANSAC, the world's largest soda ash exporting cartel comprising six US companies, the Indian manufacturers are convinced that a price war would be the most likely outcome in the short-term while it would p ose questions about the overall resilience of the domestic industry in the long run." More ECONOMY There's junk mail from S&P AS usual, S&P has bad news for India. That everything is falling apart and `outlook', therefore, is `negative'. If there is one thing you can be positive about, it is the regularity with which the global rating agency Standard & Poor's churns up ... More
Japan promises $900-m fresh loan to India
Industrial growth falls to 3.7 pc in Nov
EXCISE AND CUSTOMS Auto dealers moot 14% excise on cars, MUVs THE Federation of Automobile Dealers' Associations (FADA) has suggested that a standard excise duty of 14 per cent should be levied on passenger cars and multi-utility vehicles. Mr Ajit Kumar Chordia, President, FADA, said in a memorandum to ... More INFRASTRUCTURE IOC signs MoU with Govt for highway plazas INDIAN Oil Corporation Ltd (IOC) has signed a memorandum of understanding ( MoU) with the Andhra Pradesh Government to develop highway plazas comprising fuelling and other facilities of international standards on the waysides. The land for the ... More PETROLEUM Petroleum reserve soon to meet contingencies POWER CESC seeks further hike in power tariff EVEN as the issue of the dismantling of cross-subsidisation continues to trouble the political parties here, and a bandh is being observed today on this account, CESC, the power utility around which the entire controversy is centred, has asked ... More TAXATION Simultaneous VAT, entry tax opposed THE President of Bharat Chamber of Commerce, Mr N.R.Goenka, has urged the Union Finance Minister, Mr Jaswant Singh, to reconsider the decision of the Government to allow State Governments to levy entry tax simultaneously with the VAT ... More TEXTILES Synthetic yarn exporters a SAD lot SYNTHETIC and rayon yarn exporters are unhappy that the Government continues to levy a special additional duty (SAD) of 4 per cent on imports and is not refunding the same under the DEPB scheme. According to the Executive Director of Synthetic ... More
Over 690 mills in TN told to file claims on wages SSI Free us from inspector raj, plead SMEs THE Small and Medium Enterprises (SMEs) have to be freed from the inspector raj and from the action taken by financial institutions for recovery of advances, if the industry is to perform to its true potential, according to the Southern India ... More EDUCATION Kochi made exam centre for merchant shipping THE Directorate-General of Shipping has declared Mercantile Marine Department, Kochi as an examination centre for conducting examinations under the Merchant Shipping (STCW for seafarers) Rules 1998. Approval for conducting examinations for ... More
Bid to regulate college admissions in Karnataka
Tata Steel plans polytechnic FOODS & FOOD PROCESSING RRL transfers new technology to Hyderabad co THE Regional Research Laboratory, Thiruvananthapuram (RRL-T) has transferred its latest `Swing Technology' for making food colours, spice flavours and extractions from fresh or dry spices and botanicals to Prudent Natural Products based in ... More INDUSTRY ASSOCIATIONS Relax corporate reform norms: CII THE Confederation of Indian Industry (CII) has suggested that sub-section 9 under Section 10A and 10B of the Income-Tax Act should be abolished with retrospective effect to facilitate genuine restructuring of knowledge driven units of strategic ... More
Capexil N-E chapter likely by month-end SCIENCE & TECHNOLOGY APAS annual convention HYDERABAD: The Andhra Pradesh Akademi of Sciences (APAS) is organising its annual convention-2003 during January 24-25 at the Sri Venkateswara University, Tirupati. The main themes would be `frontier areas of atmospheric sciences' ... More CINEMA 8 theatres for non-Kannada films BANGALORE: The Karnataka Film Chamber of Commerce (KFCC) has come out with a proposal to limit the release of films in other languages to eight theatres each across the State. The move would encourage Kannada films Mr S. Ramesh, ... More DISINVESTMENT Pant for divestment of oil PSUs on `selective basis' THE Planning Commission Deputy Chairman, Mr K.C. Pant, has mooted restructuring and disinvestment of oil sector public sector undertakings on a ``selective basis''. Addressing a conference on the oil sector, `Petrotech 2003' Mr Pant said ``the ... More
Sorabjee seeks more details on oil PSUs INTERVIEW 
`Investing in health will reassure foreign investors'THE launch of the Indian Commission on Macroeconomics and Health (CMH) was the ostensible reason for the recent visit to India by celebrity economist Professor Jeffrey Sachs, Director, Earth Institute - Columbia University. At a couple of ... More EVENTS Different ideologies, common dream DURING January 2-7, Hyderabad witnessed the coming together of people who are determined to end war, domination, hunger and want. Though they advocated different ideologies, the entire gathering at the six-day Asian Social Forum (ASF) summit had ... More
Seminar to focus on aviation issues
Next CII summit in Hyderabad
EXPORTS & IMPORTS Karnataka unveils policy for export thrust THE long-awaited five-year export policy, which aims to nearly double Karnataka's exports to 15 per cent by 2007, got the approval of the State Cabinet today. The policy proposes to give green cards to exporters, provide market development ... More TOURISM Kerala Tourism lines up slew of projects for GIM THE Department of Tourism intends to place Rs 1,500 crore worth investment proposals for consideration of the Global Investor's Meet (GIM) to be held in Kochi on January 18-19. Preferred locations such as Wagamon and Bekal will be showcased as ... More ECONOMIC OFFENCES SC rejects Pendse plea THE Supreme Court has rejected the appeal of Mr D.S. Pendse, former Managing Director of Tata Finance Ltd, for transfer of investigations against him from Delhi Economic Offences Wing to the Mumbai Economic Offences Wing. It also vacated the ... More
Customs House to organise sale of confiscated goods Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Inside China Stock scam unravelling Petrol pump controversy Kelkar Report Reliance & Telecom Competition 2002: A drought year Gold: Still the winner? Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 29-Jan. 4 BJP, allies rap panel proposals Kelkar suggestion on edible oil duty a healthy one Traditional items push export growth in H1 Tea futures marks Upasi bid to be supply chain leader — Mr N. Dharmaraj, Chairman of Upasi Tea Committee Gasohol programme watered down Ascon study upbeat on manufacturing sector Exports post 16% growth in Nov `Manufacturing must focus on tech' Rice exporters fault Govt policies, fear loss Will PPF retain glitter in the long run? |
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