INFRASTRUCTURE
`300 Central projects hit by cost overrun'
A SECTORAL analysis of 300 Central projects by the Ministry of Statistics and Programme Implementation has revealed a cost overrun of nearly 25 per cent, mainly due to delays in the execution of the projects. These infrastructural projects in ... More

Karnataka: 11 mega projects awaiting nod
ELEVEN mega projects are lined up for the approval of the high-level clearance committee, which is due to meet here on Wednesday under the Industries Minister. The clearance committee takes up projects with investment proposals that exceed Rs ... More

PETROLEUM
Raha warns vendors against lobbying
MR Subir Raha, Chairman and Managing Director, Oil and Natural Gas Corporation Ltd, today warned vendors trying to bring political intervention for securing deals that they could be banned from participating in future contracts. "There are ... More

POWER
AP master plan to expedite electricity works
THE Transmission Corporation of Andhra Pradesh (APTransco) has finalised a master plan to expedite the ongoing transmission and distribution projects in various parts of the State, according to an APTransco press release here on Monday. As part ... More

TAXATION
Direct tax mop-up during April-Aug surges 46 per cent
THE Centre's net direct tax mop up surged by 45.84 per cent in the first five months of the current fiscal at Rs 21,187 crore as against a collection level of Rs 14,528 crore recorded in the same period during the previous year. The net direct ... More

For States, revenue flows through liquor
ARTICLE 47 of the Constitution, forming part of the Directive Principles of State Policy, envisages that the Government "shall endeavour to bring about the prohibition of the consumption except for medicinal purposes of intoxicating ... More

TEXTILES
Rapid rise in closure of textile mills
THE textile industry, the country's second largest employer after the agriculture sector, has seen an alarming rate of closure of mills. Mills have been downing their shutters at an average of one mill a week throughout the last five ... More

WATER
Inflammable business..!
A petroleum tanker now supplying drinking water in Chennai. As the scarcity peaks, more private suppliers are in the fray with least consideration for rules and regulations. ... More

RADIO/TV
Zee eyes tie-up with Ten Sports — Turner group too interested
THE lure for big bucks from cricket seems to be bringing together rivals in sports broadcasting. After bagging the rights to the matches organised by the BCCI in India for $308 million, the Zee group is believed to be in talks with the ... More

ESPN-Star Sports moves Mumbai HC
ESPN-Star Sports on Monday announced that it has challenged the BCCI's decision to award conditional allotment of telecast rights for all cricket to be played in India to Zee Network in the Mumbai High Court. The ESPN-Star Sports Asia Managing ... More

AP to get 7 more FM transmitters
ANDHRA Pradesh will have seven more FM radio transmitters going operational during the Tenth Plan at a proposed cost of Rs 25 crore, according to the Union Minister for Information & Broadcasting, Mr S. Jaipal Reddy. Laying the foundation stone . More

EDUCATION
Adelaide lures Indian students, professionals
`Emphasis is laid on giving students credit points and encourage those interested in migration.' More

New office-bearers take charge at AIMS
THE Vice-Chancellor of ICFAI University, Dr V. Panduranga Rao, has been elected the President of the Association of Indian Management Schools (AIMS) for the year 2004-05. The Director of IIM, Lucknow, Dr Devi Singh, and the Director of ICFAI ... More

SCIENCE & TECHNOLOGY
Govt calls for industry participation to set up quality technical institutes
THE Government on Monday called for increased industry participation for setting up superior technical institutes. The Minister of State for Science & Technology, Mr Kapil Sibal, stressed the need for increased investment in social ... More

Data on tropical flora `insufficient'
INSUFFICIENT data on the existing plant wealth and flora has led to many misleading conclusions on floras of tropical countries, including India. This has also created avoidable confusion in every sphere of our economic as well as academic ... More

TRADE & LABOUR UNIONS

EVENTS
Plea to expedite new mapping policy
A SPEAKER at a seminar on telematics here called for expeditious ushering in of the proposed National Mapping Policy. At the Tele Trans 2004 conference organised by the Confederation of Indian Industry, references were made to the promise of ... More

Molecular biotech meet in Hyderabad
HYDERABAD: `Genetech-2004', a two-day seminar on molecular biotechnology, sponsored by the University Grants Commission (UGC), will be held here between September 8 and 9. Organised by the Department of Genetics, St. Ann's Degree ... More

ENTREPRENEURSHIP
ASCENT to hold business clinic for SMEs on Sept 11
THE Bangalore-based Asian Centre for Entrepreneurial Initiatives (ASCENT) is holding a business clinic for entrepreneurs in small and medium enterprises in Bangalore on September 11. This clinic will facilitate entrepreneurs to consult with ... More

INCOME TAX
I-T refund via ECS
SALARIED taxpayers in 12 cities can now get their refunds, if any, directly credited in their respective bank accounts. The Income Tax department has introduced electronic clearance scheme (ECS) for refunds up to Rs 25,000 in cases of salaried ... More