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Saturday, September 11, 2004

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INDUSTRY & ECONOMY

CLIMATE & WEATHER
Scientists discover barrier to raindrops reaching drizzle size
SCIENTISTS with the US Department of Energy have discovered what they describe as a statistical barrier to the number of raindrops that achieve drizzle size, a barrier that paradoxically speeds up drizzle formation. A physical limit on the ... More

ANTI-DUMPING
Lakhinder Singh is DG (Specific Safeguards)
THE Central Government has appointed Mr Lakhinder Singh, Director-General (Safeguards), as Director-General (Specific Safeguards). Consequent to his appointment as Director-General (Specific Safeguard), Mr Singh would now have the powers to ... More

BUDGET
President okays Finance Bill
THE Finance Bill 2004 has received the assent of the President, Dr A.P.J. Abdul Kalam. With the President giving his assent to the Bill on Friday, the Finance Bill has been enacted into a law. Parliament had on August 26 this year passed the ... More

CHEMICALS
Bengal chemical park becoming almost a reality
The West Bengal Government has finalised the setting up of a Chemical Park outside the city in Howrah. The proposed park is expected to solve, among other things, the issue of relocating hazardous SSI chemical units away from the city. The ... More

CONSUMER ELECTRONICS
Digitised jukebox spells moolah for Real Image
Q Jam is a touch-screen digital jukebox that allows for interaction. The system has an in-built virtual DJ. More

ECONOMY
Gap between inflation estimates widening
IT may be a plain coincidence. Ever since the United Progressive Alliance (UPA) Government assumed power at the Centre, the gap between the `final' and `provisional' estimates of the annual wholesale price index (WPI)-based inflation has been ... More

Inflation flares up on costlier fuel, power
THE annual wholesale price index (WPI)-based inflation rate touched a four-year high of 8.33 per cent for the week ended August 28, against an inflation of 8.17 per cent registered during the previous week. According to the data released on ... More

Industrial growth touches 7.9 per cent in July
AMIDST the gloom of wholesale inflation rate touching a three-and-a-half high of 8.33 per cent comes news of Indian industry truly on a roll. The latest `quick estimates' of the official Index of Industrial Production (IIP) for July reveal a ... More

Karnataka Govt's growth projections too good to be true: Analysts
For a 24 per cent nominal growth rate to be achieved, one of the fundamental pre-requisites is power consumption. For every 1 per cent GDP growth, power availability would have to grow by at least 1.5 per cent net of losses. More

Sensitisation drive on birth registration
PLAN India and Population Foundation of India have launched an advocacy programme to sensitise lawmakers and corporates on the need for universal birth registration. "This is very important to help check discrimination against girl child," Ms ... More

House panel moots package to end Rayalaseema feuds
Promotion of literacy, providing irrigation facilities and employmentavenues, release of surplus land taken over by faction leaders, and involving women's organisations in fighting these problems are some of recommendations of a House Committee. More

ENVIRONMENT
States may have greater say in eco clearances
THE Union Minister of Environment & Forests, Mr A. Raja, has said that the Government is considering a proposal to delegate more responsibilities to the State Governments for granting environmental clearances to certain categories of the ... More

Common effluent treatment plant unviable: Experts
THE idea mooted by a section of industrial and management experts here to have a common effluent plant in the wake of closure notices issued to 109 industrial units in the State by the State Pollution Control Board is unlikely to be an ideal ... More

FOREIGN TRADE
Nepalese PM assures security to investors
THE Prime Minister of Nepal, Mr Sher Bahadur Deuba, said that his Government was fully committed to providing security and protection to investors and their investments. "We are fighting the problem of insurgency resolutely and responsibly. We ... More

HEALTH
She stayed awake during a heart surgery!
LAST Monday, this Bangalorean was wide awake and literally chatting away as doctors performed a major heart surgery on her. She was up and about by Friday, to talk about it to the media and describe how well she now felt. According to Dr B.G. ... More

Carl Zeiss ties up with Banaji Eyecare
THE Germany-based optical products company Carl Zeiss has entered into a technology tie-up with Mumbai-based Banaji Eyecare. The centre will be Carl Zeiss' first and only refractive reference centre of excellence in India. Refractive surgery ... More

INFRASTRUCTURE
Kochi LNG project: GAIL to complete pipelines in a year
GAIL (India) Ltd would complete the laying of the pipeline from Kochi to Mangalore and Bangalore in one year once Petronet LNG Ltd (PLL) commences work on its terminal here. The State Government has already issued 6 (1) notification for using ... More

PSU
Orissa Mining Corp implements SAP software
ORISSA Mining Corporation Ltd, an Orissa Government undertaking, has started implementing enterprise resource planning (ERP) project for effective handling of its expanding business volumes and to achieve greater synergy in the organisation. ... More

PETROLEUM
IOC wants to build own gas pipeline
INDIAN Oil Corporation wants to build its own pipeline to transport gas from Petronet LNG's Dahej terminal in Gujarat to Uran in Maharashtra, instead of using the 475-km Dahej-Uran pipeline being built by GAIL (India). "We are in the process ... More

HPCL to take part in NELP next round — To bid for ONGC's marginal fields
HINDUSTAN Petroleum Corporation Ltd will bid in the next NELP round and will also bid for ONGC's offshore marginal fields. Mr M.B. Lal, Chairman and Managing Director, HPCL, told reporters that the oil marketing company would go ahead with its ... More

Gas supply to Gujarat industries cut 30%
INDUSTRIAL units in Gujarat are facing a shortage of gas following disruption in supply to Petronet LNG Ltd due to non-delivery of a consignment of liquefied natural gas (LNG) from Qatar. Confirming the development, a top Gujarat State ... More

POWER
Central utilities blamed for Bengal power shortage
THE West Bengal Power Minister, Mr Mrinal Banerjee, has held Central sector utilities "partially' responsible for the ongoing power shortage in the State during peak hours. Unless these utilities maintain their committed supplies to the ... More

Power subsidy to poor households in AP
THE Andhra Pradesh Government has decided to give a subsidy of Rs 10 to all the households whose monthly electricity charges are a minimum of Rs 25 at present. Announcing this, the State Finance Minister, Mr K. Rosaiah said a total of about 13.92 ... More

STEEL
Steel policy to focus on raw material, infrastructure needs
THE national steel policy, being readied by the Ministry of Steel, is to focus on comprehensive development of the sector, taking into consideration the infrastructural requirement of the steel manufacturers as well as the issue of availability ... More

BHP Billiton spells out plans for steel project in Orissa
BHP Billiton, the world's largest diversified resources company, in association with Posco, the world's largest steel producer, is partnering Orissa to set up a world-class integrated iron and steel project in the State, and the companies are ... More

TAXATION
Cars could be cheaper but for the taxman
ASHWIN, a software engineer in Bangalore, just drove home a brand new Indica V2 after paying Rs 4.20 lakh. Little does he know that but for taxes and assorted levies, his new car would have been cheaper by as much as Rs 1.70 lakh or 70 per ... More

SSI
Tiruchi SSI plea for windmill
MADURAI: The Tiruchi District Tiny and Small Scale Industries Association (Tiditssia) has urged the State Government to set up a windmill unit for the production of electric power for the benefit of the units in the SIDCO Industrial ... More

WATER
Namakkal tankers ride Chennai `waterways'
LIQUID tanker owners in Namakkal, Salem, Sankakiri and Tiruchengode in south Tamil Nadu are a lot happy. Reason, the water shortage in Chennai has provided them a regular stream of business in the last one year. So much so, that a number of ... More

BREWERIES
In high spirits
Kerala is estimated to have overtaken Punjab as the State with the highest per capita consumption of liquor. During this Onam season, liquor sales through the 46 outlets of Consumerfed alone touched Rs 5.82 crore. ... More

EDUCATION

  • `Varsities must prune staff'

    CARS
    Station wagons yet to pick up pace
    LAUNCHED a few years ago with the hope that the market will follow the experience of its European brethren, station wagon cars remain a rather insignificant category in India if the sales figures are anything to go by. In fact, industry ... More

    FOODS & FOOD PROCESSING
    Expo on food processing inaugurated
    OVER 103 exhibitors from 10 countries are taking part in four top-of-the-line exhibitions on food processing, dairy, sweet and snacks and packaging technology that commenced at the Hyderabad International Expositions (HITEX) on Friday. The ... More

    Western cos eyeing Indian food sector
    THE Indian food sector has emerged as a major marketing destination to the British, French and the German companies that are exhibiting their products and machinery at the four exhibitions on food processing, dairy, sweet and snacks and packaging ... More

    MEDICAL INSTITUTIONS & HOSPITALS
    Metropolis services in Kochi
    KOCHI: Metropolis Health Services (I) Pvt Ltd, one of the leading corporate chains of diagnostic laboratories in the country, is foraying in the southern parts in a big way. It has taken majority stake in Sudharma Laboratory, a ... More

    REAL ESTATE & CONSTRUCTION
    Real estate developers protest against mandatory norm
    REAL estate developers on Friday protested against a recent notification of the Ministry of Environment and Forests (MoEF), which makes it mandatory for them to seek clearance from the Ministry for any project above Rs 50 crore. They also called ... More

    Alpha Buildtech mulls joint venture route for malls
    AFTER announcing the launch of GurgaonOne premium residential project, Alpha Buildtech Pvt Ltd on Thursday said it is actively looking at developing mega malls in locations such as National Capital Region, Rajasthan and Punjab, for which it is ... More

    KNITWEAR & HOSIERY
    Fresh water pact with Tirupur user industries on the cards
    NEW Tirupur Area Development Corporation Ltd is expected to enter into a fresh individual service agreement with the Tirupur wet-processing industries originally committed to buy water from the BOOT (build-own-operate-transfer) company. NTADCL ... More

    A full-fledged solution provider
    WHAT will happen if the 700-odd dyeing and bleaching units in the hosiery town of Tirupur which had originally agreed to avail the private water supply from New Tirupur Area Development Corporation Ltd's BOOT (built-own-operate-transfer) project ... More

    BIO-TECH & GENETICS
    Gujarat seeks marine biotech park
    GUJARAT has sought a marine biotechnology research institute funded by the Union Government in the State to conduct research and development for medicines and crops. "Gujarat has a 1,600 km coastline that is ideally suited for carrying out ... More

    CINEMA
    Film industry moots national policy
    THE entertainment business has suffered despite filmmaking being accorded industry status because representative bodies at the national level have not recognised the needs of regional players who contribute significantly to Indian ... More

    NEWSPAPERS & PUBLISHING
    Ifra India begins on Sept 15
    HYDERABAD: Ifra India 2004, the 12th conference of the newspaper publishing industry, would be held here during September 15&16. Over 350 delegates from the industry covering Indian, Pakistan, Sri Lanka, Nepal and the Middle East are ... More

    FOREIGN DIRECT INVESTMENT
    Igarashi among 25 FDI plans cleared
    THE Government on Friday cleared the Canada-based Royal Indian Raj International Corporation's plan to invest Rs 178 crore in Royal Garden City Enterprise Private Ltd for the development of integrated township in Bangalore. The Finance ... More

    PHDCCI for simplified biotech regime
    SIMPLE regulatory mechanism and new policy initiatives from the Government are needed for the biotech sector to earn $5 billion revenue and generate over one million jobs in the next five years, said thePHD Chamber of Commerce and Industry ... More

    SOCIAL WELFARE
    Madurai SHGs' new role
    MADURAI: The Mayor of Madurai Corporation, Mr C. Ramachandran, launched a pilot solid waste management project through a women self-help group (SHG) in ward 8 in the city. Earlier, three wards including ward 8, had been handed over to a ... More

    RURAL DEVELOPMENT
    Rural areas to gain more from broadband: TRAI
    The regulator would come out with its final recommendations on unified licence by next month. More

    EVENTS
    NORKA seminar on investment prospects
    THE Department of Non Resident Keralites' Affairs (NORKA) is organising a two-day exhibition-cum-seminar here under the aegis of the ROOTS-NRK Development Initiative, aimed at boosting entrepreneurial activities among non-resident Keralites. ... More

  • In Hyderabad today

    TOURISM
    Plea to raise budgetary allocation for Karnataka tourism
    BUDGETARY allocation for tourism should be enhanced to meet the commitments for promoting tourism in the State. A suggestion has been made to the Government to enhance the allocation to Rs 55 crore from the current Rs 17. 6 crore, said Mr ... More




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  • Top Stories
    Hyundai unveils Getz at Rs 4.5 lakh


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    Mega power producers may have to sell 25% to more than one State

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    Give savings a break

    Tea output dips 9 pc; exports increase 22%

    As quotas go, so do apparel export firms

    Indian Oil plans retail foray into South Africa


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