Financial Daily from THE HINDU group of publications
Tuesday, July 19, 2005
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Financial Daily from THE HINDU group of publications Tuesday, July 19, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Monsoon likely to revive by Sunday THE country has entered a true `weak monsoon phase' with major rainfall activity expected to be confined to the North-East, sub-Himalayan West Bengal, areas close to the Himalayan foothills and South peninsular India. This trend will hold for ... More ENVIRONMENT Codexia plea to Chidambaram THE Coimbatore District Exporters and Importers Association (Codexia) has expressed concern over the fall-out of the High Court order on closure of dyeing units in Tirupur on the effluent treatment issue. It wanted the Union Finance Minister, ... More FOREIGN TRADE Exports rise 19 pc in first quarter MAINTAINING the momentum of high growth recorded in the initial two months of the current fiscal, the country's exports clocked a robust 19.04 per cent growth at $7,110.96 million in June 2005, as against $5,973.68 million during June ... More
Panama, India hold talks on marine co-operation PETROLEUM IOC, OIL may have more say on overseas projects THE Government is planning to give greater autonomy to the two public sector oil firms - Indian Oil Corporation (IOC) and Oil India Ltd (OIL) - by empowering the boards of the two firms to approve overseas projects jointly undertaken by ... More
Over 2.5 bbl of oil reserves in Rajasthan: Cairn
IOC plans Chennai-Bangalore petro products pipeline PHARMACEUTICALS Chemical companies moving to pharma sector for stability THE chemical industry is actively pursuing forward integration by moving into the pharmaceutical sector. In the past few years more than a dozen erstwhile chemical companies have moved into manufacturing bulk drugs. And, as analysts point out, ... More POWER Dabhol LNG terminal: GAIL reconstitutes original consortia GAIL (India) Ltd today said that it has managed to reconstitute the original engineering procurement and construction (EPC) consortia to enable early completion of the Dabhol LNG terminal. Originally, Lingtec, which was an Enron affiliate, was ... More
To expedite financial closure — Power project developers go for early CERC ratification STEEL 
Steel prices likely to firm up by September: RINL chiefSTEEL prices have already bottomed out and there is no possibility of a further reduction in the near future, according to Mr Y. Siva Sagar Rao, Chairman and Managing Director of the Rashtriya Ispat Nigam Ltd (RINL). He added that by September, ... More TAXATION First instalment of fringe benefit tax can be paid till Aug 15 CORPORATE India and other assessees can now pay their first instalment of the advance fringe benefit tax (FBT) up to August 15 without being subjected to interest on delayed payment. The first instalment of the advance fringe benefit tax was due ... More
Stockholm meet to discuss water, sanitation-related developments
Campco plea to repeal 4 pc tax on wet cocoa beans PERSONAL PRODUCTS `FMCG sector to grow over 50 pc by 2010' FAST Moving Consumer Goods (FMCG) sector will witness more than 50 per cent growth in rural and semi-urban India by 2010, according to an analysis carried out by the Associated Chambers of Commerce and Industry of India (Assocham). In ... More EDUCATION Alagappa for Chinese tie-up MADURAI: Alagappa University, Karaikudi, has plans to enter into a tie-up with five Chinese universities for exchange of teachers and students. The first round of talks has been completed. After identification of areas of interest and the ... More
Fluency dictionary launched REAL ESTATE & CONSTRUCTION 
Dying legacyIt may just be a matter of time before Mumbai's impressive industrial heritage, its mills, disappear from the skyline. The Supreme Court had recently said that those closed textile mills in the city that were granted commencement certificates ... More LEATHER Treated sewage water may soon be used in leather units LEATHER industries may start using treated sewage water collected locally, instead of fresh water, for processing raw materials if the project evolved at the Central Leather Research Institute, Chennai, that has crossed the research stage, gets ... More METALS NGO opposes Jindal project SAMATA, an NGO working in the agency area of Visakhapatnam district, has urged the State Government to scrap the MoU signed recently with the Jindal group for exploitation of bauxite reserves in the region and setting up a smelter here. At a ... More INDUSTRY ASSOCIATIONS SICCI signs pacts with SA chambers THE Southern India Chamber of Commerce and Industry (SICCI) has signed memorandums of understanding with four regional chambers in South Africa. This was done during the visit of an eight-member delegation from the chamber to South Africa from ... More TEXTILE MACHINERY Chinese team gauges textile machinery market THE members of the Chinese textile conglomerate Hengtian's overseas trade arm, China Texmatech Co Ltd (CTMTC) had an open house meet here with the members of the local textile industry on Sunday . The meet drew good response with the venue - ... More
CINEMA Kinfra preview theatre inaugurated in Thiruvananthapuram THIRUVANANTHAPURAM: Eminent film director Mr Adoor Gopalakrishnan will inaugurate the preview theatre at the Kerala Industrial Infrastructure Development Corporation's Film and Video Park in Thiruvananthapuram on Tuesday evening. The ... More FOREIGN DIRECT INVESTMENT Malaysian investments likely in AP infrstructure projects HYDERABAD: A Malaysian Government company has offered to invest up to Rs 2,500 crore on roads and other infrastructure in Andhra Pradesh. Mr Dato Hamzah Hasan, Chief Executive, along with his team, met the Chief Minister, Dr Y.S. ... More TRADE & LABOUR UNIONS Kerala's imported labourers HITHERTO known as the land of few job opportunities, with nearly all of its literate hoards migrating to other parts of India and West Asia in search of greener pastures, Kerala is now offering jobs to people from Orissa, Bihar and West Bengal. ... More
Workers' union protest at Kothapalli EVENTS IFCS Karachi meet takes up expansion THE International Federation of Company Secretaries (IFCS) held its second governing body meeting in Karachi, Pakistan, recently. According to Mr Ravi, President, Institute of Company Secretaries of India, and also the President of IFCS, the ... More ENTREPRENEURSHIP Vizag Entrepreneurs seek incentives to software sector THE Software and Data Entry Entrepreneurs' Association here has urged the State Government to extend support and subsidies to the individual (home-based) software professionals as well to enable them make use of the emerging opportunities in the ... More INCOME TAX CBDT enables online furnishing of annual information return THE Finance Ministry has eased the procedure for furnishing of annual information return (AIR) to the Income-Tax Department. The Central Board of Direct Taxes (CBDT) has allowed Government agencies and other assessees who are obliged to furnish ... More
I-T collections up in AP ALTERNATIVE MEDICINES Arya Vaidya Pharmacy plans information centre, more clinics PERCEIVED interest in traditional medicine has compelled the promoters of the Arya Vaidya Pharmacy (Coimbatore) to kickstart AVP Clinic and Ayurveda Information Centre (AIC). "We are planning to open at least 30 AVP Clinic and AICs across the ... More TOURISM The lure of monsoon tourism in Kerala Kerala, it appears, is well on the way to perfecting `monsoon tourism'. Now there is no off-season in the State, just a peak season and the green season. More
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Looking back Jul. 10-Jul. 16 Lankan pepper imports taking toll on local trade Ministry expects 25 pc growth in textile exports Free trade pacts turning a tool to dump spices Even chances for a `break monsoon' PMO working on pharma policy Oil installations sitting ducks for hurricanes Five commodities emerge top performers in April '05 exports India consumed Rs 41,000-cr junk food in 2003 Shrimp exports fall sharply post-tsunami Car sales marginally down in June FM radio: Govt fixes net worth norm FDI in real estate bogged down by ambiguity in norms: FICCI survey Garment exporters grapple with tax, DEPB problems LNG transportation — Shipping Ministry to counter move to relax charter norms Global uncertainties have increased, says RBI Governor Petrol dealers drop strike plan Rogue Bay system seen delaying `break monsoon' Indian textile exporters plan to sell their brands abroad Price stability, prime concern for RBI |
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