The Hindu Business Line : Friday, June 13, 2003

Industrial output up 4.9 pc in April
INDIAN industry continues to be on a `modest resurgence' mode, with the opening month of the current fiscal registering an overall year-on-year growth of 4.9 per cent, compared to 4.1 per cent and 2.5 per cent in April 2002 and April 2001, ... More

Boy oh boy
A boy waits for customers as he sells cucumbers in Delhi on Thursday (June 12 is promoted as `World Day against Child Labour') The International Labour Organisation estimates that one child in six, or 246 million people between the ages of 5 and ... More

EXCISE AND CUSTOMS

Excise exemption for Himachal, Uttaranchal units
AFTER much thought, the Finance Ministry has now granted excise duty exemption to certain class of new industrial units in the States of Himachal Pradesh and Uttaranchal. New industrial units that have commenced commercial production on or ... More

INFRASTRUCTURE

Feasibility report on gas pipeline by Oct
THE feasibility report on the Indo-Iranian gas pipeline being prepared by the Italian consultancy firm, Snam Progetti, will be ready by October this year, according to Mr Siavosh Yaghoobi, Ambassador of the Islamic Republic of Iran. In an ... More

PETROLEUM

No solution in sight to LPG tankers' impasse
NO end seems to be in sight to the standoff between the striking drivers and cleaners of bulk LPG tankers and the vehicle owners, which has been continuing for the second week now. The State Civil Supplies Commissioner, Mr P. Kolappan, held a ... More

POWER

States told to meet power generation targets
IN the first State Power Ministers' meet since the enactment of the Electricity Act, 2003, the Union Power Minister, Mr Ananth Geete, on Thursday exhorted States to work towards achieving their generation capacity targets for the Tenth-Plan ... More

KSEB banking on hydel power for future
NEW domestic hydel projects and higher quantum of power from the Central pool figure prominently in the agenda for future of the Kerala State Electricity Board (KSEB). Interestingly, KSEB does not envisage any addition to the domestic thermal ... More

And quiet flows the rainwater
LACK of meticulous planning to store rainwater during the monsoons seems to be perpetuating the routine power crisis in the State. The State receives copious rainfall albeit at times deficient by 10 to 30 per cent of the normal 3000 mm. Much ... More

STEEL

Steel companies fashion turnaround
IRONING out the previous year's losses, companies in the steel industry have managed to do the star turn in 2002-03. An analysis of 53 companies which have declared results till now shows that quite a few companies have succeeded in moving ... More

WATER

Forum warns of water crisis in Hyderabad
THE Forum for Utilisation of Godavari Waters on Thursday warned that the day is not far off when Hyderabad woul go the Doulatabad way, if the State Government failed to take up projects to meet the ever-increasing water requirement of the State ... More

Kerala: Water level in reservoirs dips

RADIO/TV

I&B Minister likely to meet Thackeray on CAS
WITH the implementation of the conditional access system (CAS) becoming a political flashpoint, the Information and Broadcasting Minister, Mr Ravi Shankar Prasad, is on a fire-fighting mission. After trying to make the proposed system ... More

EDUCATION

IIM-B offers courses in international management
THE second wave of reforms in the country is changing the way Indian businesses are structured, according to Dr Sudhi Seshadri, Professor, Marketing Area and Chairperson, Executive Education at the Indian Institute of Management, Bangalore. ... More

Madras varsity seeks funds for Senate House
THE Madras University hopes to collect Rs 4 crore towards for the renovation of the Senate House. According to an appeal by the university, the total estimated cost for the renovation is Rs 5 crore, but it has commenced the renovation work with ... More

Privately-funded varsity coming up in Chhattisgarh
TRAINING and Advanced Studies in Management and Communication Ltd (TASMAC) is to set up a privately-funded State University under the Chhattisgarh Niji Kshetra Viswavidyalaya (Sthapna Aur Viniyaman) Adhiniyam 2002. Talking to presspersons, Mr ... More

Kerala: Info counter on engg counselling

MEDICAL INSTITUTIONS & HOSPITALS

Manipal Hospital ties up with Acura Speciality
MANIPAL Hospital, the tertiary care hospital from the Manipal Education and Medical Group (MEMG), has tied up with Acura Speciality, Kormangala-based secondary care speciality hospital, as an affiliate hospital. This marks the beginning of an ... More

REAL ESTATE & CONSTRUCTION

UDF moves to fix stamp duty in Kerala at 6 pc
THE high-power committee of the United Democratic Front (UDF), the highest policy-making body of the ruling coalition, has approved proposals for drastically reducing the land registration fee and stamp duty to a level that would be the lowest ... More

PRECIOUS METALS

Gauging the glitter
Cuppelation processing of gold in progress at an assay and hallmarking centre in Thrissur, one of the three labs in the State that inspect the purity of gold. Though Kerala is a major market for gold, consumer awareness on hallmarking is low in ... More

READYMADE GARMENTS

Readymade garment exports up 19 pc in April
THE country's readymade garment exports during the first month of the current fiscal, April, registered a handsome growth of 19.09 per cent in volume and 24.02 per cent in terms of value to quota countries. Provisional figures compiled by the ... More

MINERALS

Expert committee on mineral sand mining mooted
A HIGH-POWER committee of the United Democratic Front has decided to recommend to the State Government constitution of an expert committee to study the mineral sand mining project in the coastal areas of Alappuzha district. The joint venture ... More

DISINVESTMENT

Six cos in fray to bid for AP Govt stake in GFCL
SIX enterprises, including two foreign companies, have so far registered to take part in the bid for the 25.88 per cent stake (82.80 lakh shares) of the Andhra Pradesh Government in Godavari Fertilisers and Chemicals Ltd (GFCL). The last date ... More

AP Govt sells its stake in Voltas to Tata Sons
ANDHRA Pradesh Government kicked off its divestment plan by selling its 2.66 per cent stake in Voltas Ltd to Tata Sons Ltd on June 10. A total of 8,78,603 equity shares of Rs 10 each belonging to the State Government have been sold to Tata ... More

EVENTS

Govt plans smart cards for citizens' database
Mr J.K. Banthia said "the key issue" in issuing these smart cards is the creation of a national database of citizens. He said a national register of citizens of India could be created out of this database". More

Visa guidance seminar on Sunday

EXPORTS & IMPORTS

Coffee exports hit 9-year low
THE coffee export earnings in 2002-03 have fallen to a nine-year low, following a decline in the volume of shipments and the price fetched, according to the latest information available with the Coffee Board. The earnings in 2002-03 dipped to ... More

BOOKS

`Economy has huge growth prospects'
THE Indian economy has huge prospects for growth, according to Mr S. Venkitaramanan, former Governor of the Reserve Bank of India. Delivering the keynote address at a function to release a book containing articles written by him and organised ... More

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