Financial Daily from THE HINDU group of publications
Thursday, December 04, 2003
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Financial Daily from THE HINDU group of publications Thursday, December 04, 2003 |
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INDUSTRY & ECONOMY ECONOMY AP Minister defends fiscal policy, reforms process DEFENDING the State's fiscal policies and ongoing reforms process, the Finance Minister, Mr Y. Ramakrishnudu, said that while the State had made rapid strides in several areas, including increasing the per capita income, drought has impacted the ... More ENVIRONMENT Call to check illegal trade of ozone-depleting substances THERE is an urgent need to specify proper guidelines in the seizure of illegally moved ozone depleting substances (ODS) like chloro-fluoro carbons (CFCs) by Customs and other border enforcement bodies. In keeping with the commitment towards ... More HEALTH Orchid diabetic drug to start human trials in Europe ORCHID Chemicals & Pharmaceuticals Ltd on Wednesday announced that an anti-diabetic drug developed by its associate company, Bexel Pharmaceuticals, would start clinical trials on humans in Europe on December 15. The drug had received the ... More HOTELS Mumbai's hospitality divide While North Mumbai is witnessing a boom in luxury hotels, the occupancy rates in the South Mumbai hotels seem to have dipped. Catalyst finds out. More PETROLEUM ONGC Videsh may acquire stake in Sudan oilfield ONGC Videsh Ltd (OVL), the overseas arm of Oil and Natural Gas Corporation (ONGC), is planning to acquire a stake in two oil and gas exploration blocks in Sudan for around $40 million apiece (approximately Rs 182.5 crore), totalling around $80 ... More POWER Power: States seek review of return on equity norms IN order to push down power tariffs from central power generating stations and also from private power producers, States have sought a complete review of the return on equity norms prescribed by the Union Ministry of Power. Sources said ... More WATER 
Concern over indiscriminate exploitation of groundwaterNO country in the world pumps out as much groundwater as India does, according to speakers at the two-day Water Summit 2003, a technology meet on industrial water management being organised here from Wednesday by the Confederation of Indian ... More BREWERIES TN to take over co-op liquor outlets ALL the liquor retail outlets that are being run by co-operative societies in Tamil Nadu are to be taken over by the State Government, according to reliable sources. This follows the Supreme Court's order on Wednesday, which in effect directs ... More RADIO/TV `TV channels must self-regulate content' — Ministry not for policing EVEN as the Information and Broadcasting Ministry has sent out missives to television channels asking them to refrain from showing adult fare on television and is mulling over the setting up of a Broadcast Regulatory Authority, the Information ... More EDUCATION AP to encourage NAAC assessment of colleges THE Andhra Pradesh Government has prepared a plan of action for encouraging Government degree colleges to go in for an assessment by the National Assessment and Accreditation Council (NAAC). In the first phase, the Department of Collegiate ... More REAL ESTATE & CONSTRUCTION Eco Ministry notification — `Construction sector may take a hit in 2004' THE construction industry could hit a roadblock next year following the Union Ministry of Environment and Forests making it mandatory for large urban projects and industrial estates to get its clearance, according to Mr K.P. Niyati, Head, ... More METALS Plea to use copper radiators in automobiles THE International Copper Promotion Council (India), a body which is trying to promote the use of copper, has started a campaign for copper-made radiators for automobiles. Presentations highlighting the cost and performance benefits in using ... More INDUSTRY ASSOCIATIONS 
Kerala chamber signs insurance pactTHE Kerala Chamber of Commerce and the United India Insurance Co Ltd (UII) have signed a memorandum of understanding here on Wednesday to ensure a pro-customer professional insurance service to the chamber members. Under the agreement, which ... More
`Right incentives will kick-start investments'
Bengal chamber urges setting up of jute directorate RESORTS & AMUSEMENT PARKS `Amusement parks must improve marketing skills' THE All-India Amusement Parks and Industries Association has initiated measures to bring together all the operators in the industry and made a co-ordinated effort to find solutions to their problems. Addressing a round-table conference at Mount ... More DISINVESTMENT Orissa clears divestment in two sick companies THE Cabinet Committee on Disinvestment (CCD) of the Government of Orissa has cleared the sale of two sick, state-owned public sector undertakings, IDCOL Cements Ltd (ICL) and Nayagarh Sugar Mill. The sale of the two units is part of the ... More SMALL SAVINGS Labour Minister to negotiate EPFO dues with IFCI THE Central Board of Trustees of the Employees Provident Fund Organisation (EPFO), which met here today, authorised its Chairman, the Union Labour Minister, Mr Sahib Singh Verma, to negotiate its dues with the IFCI Ltd. The EPFO had invested a ... More TRADE & LABOUR UNIONS Insurance staff's demand KOCHI: The General Insurance Officers' All-India Association has demanded that the referendum on granting recognition to the employees unions of the insurance companies should be conducted through secret ballots. The decision to ... More EVENTS President to inaugurate MMA meet in Chennai The President, Dr A.P.J. Abdul Kalam, is scheduled to inaugurate the annual convention of the Madras Management Association (MMA), to be held here on December 17 and 18. The theme of the current year's convention is `Vision to Reality - The ... More
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