Financial Daily from THE HINDU group of publications
Wednesday, September 07, 2005
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INDUSTRY & ECONOMY

CEMENT


Fuel cost hike: Cement prices may go up marginally
THE cement industry believes the impact of the rise of transportation fuel costs on the industry is minimal, but some officials warned that it would depend on several other factors which will only present themselves as they actually unfold. ... More

COURTS/LEGAL ISSUES


Dispute resolution: Mediation catching on in US States
MEDIATION is the engine driving the explosive growth of alternative dispute resolution (ADR) system across all of the US for settling disputes, particularly with regard to commercial transactions. It is also used for resolving disputes pertaining ... More

Surana Industries' appeal — Madras HC sets aside order for not impleading a party in dispute
AN issue pertaining to alleged non-performance of its statutory duty under the Major Port Trusts Act, 1963 by the Chennai Port Trust, was remanded by the First Bench of the Madras High Court to a single judge for a fresh decision, after setting ... More

ECONOMY


Outcome Budget: Exercise in futility?
THE BUDGET exercise consists of putting together the Budget Estimates of the preceding year, the Revised Estimates for the preceding year and the Budget Estimates for the year ahead. Expenditure, expenditure, ... More

ENVIRONMENT


AI teams up with UNEP to address environment issues
THE United Nations Environment Programme (UNEP) has struck an alliance with Air India to discuss various environmental issues as a part of good corporate governance. Air India has established a corporate Environment Core Group under the ... More

FOREIGN TRADE


India-EU summit set to foster business tie-ups
THE India-European Union (EU) summit, being held here for a day on Wednesday, is set to unveil a plan of action and a political declaration to signify the political will at the highest level to further foster the strategic bilateral relations, ... More

HEALTH


Max Healthcare, ABN-Amro launch Wellness Credit Card
MAX HEALTHCARE on Tuesday launched the Wellness Credit Card in association with ABN-Amro Bank.The credit card would enable customers to avail themselves of a complementary screening package across any of the Max Healthcare facilities in Delhi ... More

INFRASTRUCTURE


TN to spend Rs 1,500 cr to improve infrastructure
TAMIL Nadu plans to spend around Rs 1,500 crore on improving infrastructure, including road development, decongestion, power addition and a separate IT corridor, according to the State IT Secretary, Dr C. Chandramouli. This will help the State ... More

PETROLEUM


Fuel price hike: Too early to study impact, say transport cos
In the past six years, diesel prices have jumped by 150 per cent but the freight by only 35 per cent or so. More

Cairn consortium block — HPCL emerges front-runner for crude oil purchase
HINDUSTAN Petroleum Corporation Ltd (HPCL) seems to be emerging as the front-runner to be designated as the Government nominee for purchase of crude oil under the production-sharing contract (PSC) for the Cairn Energy consortium block in ... More

India Inc justifies petro price hike
THE industry chambers have said that the hike in the petrol and diesel prices is justified, as it was long overdue. While accepting the inevitability of price hike announced on Tuesday by the Minister of Petroleum, the Confederation of Indian ... More

PHARMACEUTICALS


Pharma cos oppose Ministry's move for de-branding select drugs
EVEN as the Chemicals and Fertilisers Ministry is hoping to put in place a new pricing policy by the month-end, the suggestion of mandatory de-branding of selected drugs has been opposed by pharmaceutical associations. The Task Force headed ... More

POWER


FKCCI against differential electricity tariff
THE Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has opposed the differential retail tariff as suggested by the electricity supply companies (Escoms). The suggestion made by them to the Karnataka Electricity Regulatory ... More

TEXTILES


How many Chinese garments equals an Airbus?
BEFORE attending a soccer master class and a dance session in Beijing, Mr Tony Blair had important work on his hands — help end the `bra wars' between China and Europe. And it seems to have ended, surprisingly too ... More

BREWERIES


This is not cricket! — Liquor cos to use overseas series to circumvent ad ban
WITH the Government trying to clamp down on surrogate advertising, liquor companies seem keen to bat out the ban. Even as liquor brands have traditionally been associated with upmarket sporting activities like golf, polo, derby and yachting, ... More

EDUCATION


Singapore PSB Academy woos Indian students
REPRESENTATIVES of the PSB Academy, a Singapore Government-owned education provider, are in India for spot registrations in the two new courses offered by the academy — Master of Business Administration and Master of Information Technology. ... More

TELEVISION SETS


Rationalise duty to tackle cheap imports: TV manufacturers
CONSUMER Electronics and TV Manufacturers Association (CETMA) has called for rationalisation of duties to help them compete with cheaper imports. Mr Gulu Mirchandani, Chairman and Managing Director, Mirc Electronics, and President of CETMA, ... More

INDUSTRY ASSOCIATIONS


FAPCCI to organise meet
HYDERABAD: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is organising an interactive meeting with Dr Kamal Taori, Director-General of Council for Advance of People's Action and Rural Technology (CAPART) here ... More

FOREIGN DIRECT INVESTMENT


AP team to visit VW for talks — Govt rejects DD from German car major
A HIGH-POWERED team from Andhra Pradesh Government is set to visit Wolfsberg, the headquarters of the German automotive giant, Volkswagen AG, later this month to hold parleys for the proposed car plant in the State. Announcing this here today, ... More

SOCIAL WELFARE


NGOs bring light into tribal homes
The lighting system, which can bypass an electricity grid, has a lasting life and been successfully tested in tsunami-hit areas. More

RURAL DEVELOPMENT


REGS: Grossly miscalculated?
IN THE article, "An onerous job," (Business Line, August 25) the cost of implementing the National Rural Employment Guarantee Scheme (NREGS) is estimated at Rs 1,00,000 crore. Maharashtra has had an ... More

HUMAN RESOURCES


India tops pay hike projection
WHILE US employees will see a nominal pay increase in their base salaries in 2006, their Indian colleagues are likely to enjoy about 14 per cent growth , with most of their increment coming from the fixed component. According to the ... More

EXPORTS & IMPORTS


Oilmeal exports down 9 pc
EXPORTS of oilmeal during April-August declined nine per cent to 11,33,158 tonnes from 12,40,236 tonnes during the corresponding period last year. Soybean meal exports declined to 6,19,225 tonnes from 7,76,000 tonnes, while rapeseed meal ... More

TOURISM


Seminar on waste management in hospitality and tourism sector at Kovalam
THANAL, a city-based public interest research and advocacy organisation, is organising a one-day seminar on `managing discards in the hospitality and tourism sector' on Wednesday. The seminar, which is being organised to mark the Global Day of ... More

Abacus Distribution set to launch product for tour packages
ABACUS Distribution Systems (India) said that it would launch a product that would allow travel agents and airlines in the country to sell tour itineraries on their central reservation system. Called the Abacus Travel Network, the product ... More




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Top Stories
Negative growth likely in kharif crop
Erratic rainfall leads to moisture stress in large areas


India tops pay hike projection

Fuel price hike: Too early to study impact, say transport cos

Oilmeal exports down 9 pc

e-GoM to announce IA's price for Airbus acquisition today

This is not cricket! — Liquor cos to use overseas series to circumvent ad ban

In Focus

BHEL Disinvestment
The Yuan 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
Aug. 28-Sep. 3
TCS pilot project for efficient functioning of rural job scheme

Hike petrol price, not diesel: Montek

Tonnage tax boosts fleet strength — Outlook positive for shipping cos

GAIL to begin drilling in Bengal basin in Oct

No monsoon revival soon; South benefits from `break monsoon'

'As mobile base grows, so does service tax kitty'

Oil Ministry not for price stabilisation fund — `Cess funds can be used to share subsidy burden'

The burden of farmers' debt

Money in the air

Farm GDP growth declines to 1.1 pc

MFs keep away from oil stocks

Funding still a roadblock for biotech start-ups

RBI notification on dual pricing not to impact hotels' margins

China unlikely to be major steel exporter

Maharashtra wants ban on kesari dal to go

Cashew exports may gain on dip in global output — Delay in Indonesian, Brazil crops seen pushing up demand for Indian produce

Not just wine, but beer too would flow freely!

`States with VAT in place may earn higher revenues'

Paper makers set to hike prices

Reliance gets Rs 10,500-cr excise notice

`Warning signal' on world economy

Monsoon exits West; fresh southern pulse brewing


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