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Monday, July 25, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Monsoon revives, promises an encore in the North
THE southwest monsoon is in a revival phase, with the low-pressure area over the North Bay of Bengal having already become well marked and expected to intensify further into a monsoon depression over the next two days. The National Centre for ... More

SOCIAL SECURITY


LIC, SBI in fray for pension fund manager slots
`We will not have any cap on the number of players. We will set down stringent criteria for entering the sector and whoever fits the bill will be considered.' More

HEALTH


A big step forward
Digital hospitals can stay ahead of competition by leveraging technologies to integrate information sent from labs, patient beds, pharmacies, physician offices, and patients themselves, says a study. More

PETROLEUM


`Mangalore will emerge as hub for hydrocarbon trade'
MEMBERS of trade and industry in Mangalore are enthused by the Prime Minister's clearance for the Oil and Natural Gas Corporation's (ONGC) Rs 21,000-crore investment in the proposed special economic zone (SEZ) project in Mangalore and are ... More

PHARMACEUTICALS


Shortage of investigators may upset clinical trials applecart
THE world's biggest medicine makers are in India with plans to increase their clinical trial activities, involving the testing of medicines on humans. Not oblivious to this, the Centre too is tightening regulations to prevent the local population ... More

POWER


REL asked to hike equity in Dadri project
FINANCIAL institutions lending to Reliance Energy Ltd's 3,740-megawatt (MW) Dadri power project have asked the promoters to raise the equity component to 30 per cent of the project cost, instead of the 10 per cent equity investment proposed by ... More

TAXATION


Service tax: Chambers asked to list problems in centralised registration
THE Finance Ministry has asked apex industry associations to come up with a detailed submission on the problems faced by them in obtaining a centralised registration for service tax. This follows representation to the Revenue Department from ... More

NSE transactions: No stamp duty for deals outside Maharashtra
ALLAYING fears of stock brokers having membership in the National Stock Exchange but located outside Maharashtra, State authorities have said that the newly introduced stamp duty on securities transactions will not be applicable to them. Mr ... More

Bill to amend CST Act likely in current session
NEW DELHI: THE Government plans to streamline the functioning of the Appellate Authority under the Central Sales Tax Act. Towards this end, a Bill to amend the CST Act is proposed to be introduced during the Monsoon session of Parliament ... More

  • Transportation cost up

    TEXTILES


    Kinfra to set up textile centre in Kannur
    THE Kerala Industrial Infrastructure Development Corporation (Kinfra) is establishing a textile centre near Thaliparambu in Kannur district, which aims at providing the basic infrastructure for the growth of the textiles industry in the ... More

    `India yet to exploit full potential in textile exports to US, post-MFA'
    A Federation of Indian Chamber of Commerce and Industry (FICCI) study notes that though dismantling of the Multi-Fibre Agreement (MFA) quotas has opened a window of opportunity for countries such as India and China with their low cost and ... More

    Bengal garment makers' concern over apparel park
    THE West Bengal Garment Manufacturers and Dealers Association (WBGMDA) has expressed its reservation on the recent initiative of the West Bengal Government to set up an apparel park at Uluberia in Howrah district. The association felt that ... More

    MEDICAL INSTITUTIONS & HOSPITALS


    Care Hospital opens clinic at Nampally
    MARKING the completion of 1,000th RFA (Radio Frequency Catheter Ablations) procedure, Care Hospital has opened the Heart Rhythm Clinic at its Nampally facility. During the RFA procedure, specialised catheters deliver radio frequency energy at ... More

    REAL ESTATE & CONSTRUCTION


    Local issues may hamper FDI flow in realty sector
    THINK local-act global, is the mantra that overseas players eyeing Indian realty market seem to be chanting now. Even as relaxed FDI norms in the real estate sector has substantially heated up the market, on-the-ground local issues including ... More

    READYMADE GARMENTS


    Bodywear expo in Chennai
    CHENNAI: The second all-India bodywear meet and exhibition is being held at the Chennai Trade Centre from July 22 to 24. The meet was held in Kolkata last year. Mr Sanjay Manocha, Director, Niksan Info Media Ltd, the company that is ... More

    KNITWEAR & HOSIERY


    Wrong signals to importers: Codexia
    THE Coimbatore District Exporters and Importers Association (Codexia) has said that the closure of dyeing/bleaching units and the consequent announcement of the Tirupur bandh on July 26 by political parties and hosiery workers unions would send ... More

    Bandh in Tirupur tomorrow on dyeing units issue
    AN all-political party and united trade unions meeting held at Tirupur today decided to observe a 24-hour `bandh' in Tirupur on Tuesday seeking Centre and State Government attention to save the dyeing and bleaching industry. The meeting held ... More

    TEA moots roadmap on effluent discharge issue
    THE Tirupur Exporters Association (TEA) has suggested a tripartite plan of action involving— the knitwear industry, the Central and Tamil Nadu Governments— to ensure a time-bound `road-map' for solving the effluent discharge ... More

    BIO-TECH & GENETICS


    Bioinformatics: `Market large for India'
    THE country's bioinformatics market can acquire 5 per cent of the global pie, from the present 2.5 per cent, provided the Government ushers in necessary changes, according to a report `Building blocks of bioinformatics: Human resource ... More

    SCIENCE & TECHNOLOGY


    ASL: From long-range missiles to lightweight callipers
    Perched in the middle of a ring of defence laboratories, ASL is the `jewel'. For Mr Agarwal, Agni is not just a passion but a symbol of the country's scientific capabilities. More

    SOCIAL WELFARE


    AP Govt to deploy programme coordinators
    THE Andhra Pradesh Government has decided to deploy `Programme Coordinators', for effective monitoring of special schemes being implemented by different departments. The idea is that senior officers who are chosen for each of the identified ... More

    RURAL DEVELOPMENT


    Commercial banks in AP urged to step up lending to SHGs
    COMMERCIAL banks in Andhra Pradesh have lent only Rs 225 crore by mid-July against the annual target of Rs 2,200 crore set by the State Government and therefore they have to step up lending, according to Mr A.L. Nageswara Rao, General Manager of ... More

    EVENTS


  • Agenda for the week
  • Engagements

    NATURAL CALAMITIES


    YSR wants special teams for monsoon-hit areas
    WITH the monsoon rains being widespread across the State, the Chief Minister, Dr Y. S. Rajasekhara Reddy has directed the Revenue, Municipal, Medical & Health, Panchayat Raj and police officials to be more vigilant against possible ... More

    TOURISM


    Return of the native
    LAST week, an old Kerala hand announced plans to invest some substantial amounts in what is arguably the State's only area of growth - tourism. Captain C.P. Krishnan Nair, Chairman of Hotel Leela Venture Ltd, said the group was planning a ... More

    PEOPLE


    Remembering Ramu
    RAMASWAMI P. Aiyar (Ramu to all), formerly Director of Indian Institute of Management, Kolkata, and of the Chennai-based Institute of Financial Management and Research, who passed away on Friday at Hyderabad, was intimately connected with ... More


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    Top Stories
    Monsoon revives, promises an encore in the North


    Remembering Ramu

    Freshers' salary stagnant; but training costs go up for cos

    Simplified Exit Scheme draws poor response

    No smooth sailing for shipping supply-chain

    LIC, SBI in fray for pension fund manager slots

    Alliance bid adieu note

    In Focus

    BHEL Disinvestment
    China's revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jul. 17-Jul. 23
    Iron ore market to remain in balance till 2010

    India largest recipient of World Bank aid

    Exim Bank to extend $400 m line of credit — Firms exporting to 2 CIS nations, Francophone countries likely to benefit

    Textile exports to US decline in May

    `Break monsoon' scaled down; `weak monsoon' in

    Steel prices likely to firm up by September: RINL chief

    Exports rise 19 pc in first quarter

    `FMCG sector to grow over 50 pc by 2010'

    Ma Foi predicts cooling off quarter for jobs

    NELP panel calls for appointment of nodal officers

    Indian Textile Clusters, Carrera Holdings sign pact for textile consortium

    No let-up in movement of ore to steel plants

    Rajeev Chandrasekhar may tune into FM radio

    Govt fixes floor price for e-auction of coal

    Chidambaram for `measured response' to market swings

    Yuan change: No major benefit seen for textile exporters


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