Financial Daily from THE HINDU group of publications
Tuesday, November 22, 2005
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INDUSTRY & ECONOMY

RESEARCH & DEVELOPMENT


Mashelkar asks enterprises to develop R&D capacities
DR R.A. Mashelkar, Secretary, Department of Scientific and Industrial Research (DSIR) on Monday called for a strategy to create a strong national innovation system by leveraging the country's human talent and employing the knowledge to create ... More

CLIMATE & WEATHER


Outer cloud bands of depression touch base
THE outer cloud bands of the tropical depression over southwest Bay of Bengal on Monday toyed with the peninsular coast along an arc extending from south Tamil Nadu to south coastal Andhra Pradesh, bringing moderate to heavy rainfall in the two ... More

NON-CONVENTIONAL ENERGY


Panel submits roadmap for hydrogen energy economy
Mr Ratan Tata said that it would provide a clean, reliable, sustainable and alternative energy source for the growing energy needs of the country. More

SOCIAL SECURITY


EPFO trustees fail to reach consensus on interest rate, to meet again on Dec 7
THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) on Monday failed to reach a consensus on the rate of interest payable to the more than three crore subscribers of the EPFO for current fiscal. To further ... More

Insurance cover for labourers
THIRUVANANTHAPURAM: The SP Fort Hospital has teamed up with United India Insurance Company to introduce a unique insurance policy to provide accident and trauma care to the loading and unloading employees engaging themselves in the Chalai ... More

CEMENT


`Cement prices have risen due to demand supply concern'
Cement prices are up by Rs 5-7 per kg in West India and they are expected to rise further. The President of the Cement Stockists and Dealers Association, Mr Sanjay Ladiwala, says cement prices have risen due to the demand-supply concern. He adds ... More

ECONOMY


Maharashtra Govt signs MoUs with Mahindra British Telecom, MICO
THE Maharashtra Government has signed memoranda of understanding (MoU) with two corporate houses in the State, to bring in an investment of Rs 1,000 crore. On Monday, an MoU was signed with Mahindra British Telecom (MBT) for its Rs 450-crore new ... More

ENVIRONMENT


UK team to explore partnerships for climate change projects
A 20-MEMBER UK environment delegation is on a mission to explore the potential of partnering with Indian companies in emission trading and greenhouse gas reduction projects. The UK Trade Mission has been organised by the United Kingdom Climate ... More

AP CM calls for measures to curb felling of trees
THE Chief Minister, Dr Y. S. Rajasekhara Reddy, on Monday called upon the Forest Department to streamline its operations and evolve a scientific method to detect illegal felling of trees and extend forest cover to 33 per cent. Reviewing ... More

FOREIGN TRADE


Kerala chamber team in UAE to boost trade ties
A VISITING delegation from Kerala's Chamber of Commerce and Industry arrived here to discuss with the UAE Federation of Chambers of Commerce and Industries ways to boost economic relations between the two countries. Abdullah Rashid Al Kharji, ... More

HEALTH


Those not sinned will be most sinned against in warming Earth
PLACES around the globe that have contributed the least to warming the Earth are the most vulnerable to the death and disease higher temperatures can bring, says a report authored by scientists at the University of Wisconsin-Madison in the US. ... More

INFRASTRUCTURE


Petition filed against tender norms for convention centre project
A writ petition has been filed before Mr Justice Jayanta Kumar Biswas of the Calcutta High Court, challenging the tender for construction of International Convention Centre of Rajarhat New Town, Kolkata. The construction is under supervision of ... More

POWER


KSEB in turnaround mode; not to hike tariffs
THE Kerala State Electricity Board (KSEB) is set to finish the current year with an operating profit, thereby negating any need for a revision in power tariffs during the year. The board's turnaround is significant considering that it had ... More

US Senator hopeful of nuclear power ties with India
THE US Senator Mr George Allen, in a meeting organised by the Indo-American Chamber of Commerce (IACC), on Monday said that he was optimistic about the Indo-US agreement on the civil usage of nuclear power. Mr Allen added that India should put ... More

Himachal to award hydro projects soon
MR Virbhadra Singh, Chief Minister of Himachal Pradesh, said on Monday that in the next four months, his Government would be awarding small, medium and large-sized hydro electric projects with a total capacity of around 7,000 MW to promote ... More

TAXATION


Olympics body to seek more tax sops for cos promoting sports
THE Indian Olympic Association (IOA) would soon approach the Government and seek enhancement of tax exemption for companies supporting an athlete or a sports discipline. Addressing a workshop jointly organised by the IOA, the Confederation of ... More

Sales tax sops: Ministry not keen to encourage industry demands
THE Finance Ministry does not want to encourage industry demands for continuation of sales tax incentives. It is of the view that the industry ought not to be arguing for the continuation of sales tax incentives under the State-level ... More

FAPCCI wants stamp duty increase reversed
THE Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) has urged the State Government to reconsider the upward revision of stamp duty on the agreement of deposit of title deeds to be executed in favour of banks for obtaining ... More

SSI


Now, most banks focus on SMEs
With the Government and the Reserve Bank of India urging banks to step up lending to this sector, most banks are offering dedicated services and products to this segment. Bankers say the segment is likely to see a growth of over 30 per cent this ... More

`SME rating mela'
COIMBATORE: The Coimbatore District Small Industries Association (Codissia) and SME Rating Agency of India Ltd (SMERA) are jointly organising an `SME Rating Mela' here on November 23. The Codissia President, Mr J. Balu, has requested ... More

EDUCATION


VETA centre inaugurated
KOCHI: Prof Mercy Williams, Mayor of Cochin City Corporation, has inaugurated the training academy centre of VETA, one of the largest English training academies in the country. VETA has over 90 franchisee centres in the South and nearly ... More

CONSULTING


At Konsult: `Future lies in staying market-relevant'
THE basic reason why clients hire consultants is for objectivity, infusion of fresh ideas, and for their skills and experience, Mr Sam Balaji, Partner and MD, Deloitte Consulting India, has said. Speaking at the inaugural edition of the Indian ... More

PRECIOUS METALS


Dubai gold exchange to commence trading today
DUBAI Gold and Commodities Exchange (DGCX), the world's newest commodities exchange and the first such marketplace in West Asia, will commence trading on November 22. The DGCX is a fully automated, screen-based, online commodities exchange, and ... More

MINING & QUARRYING


Deve Gowda urges Centre to allow mining at Kudremukh
THE former Prime Minister, Mr H.D. Deve Gowda, has urged the Union Government to allow continuing mining operations for the Kudremukh Iron Ore Company Ltd (KIOCL) at Kudremukh in Chikmagalur district of Karnataka. In an interim order dated ... More

RURAL DEVELOPMENT


SHG scheme benefits 11 lakh families in Kerala
MICRO Financing Institution, a novel concept launched by the Sree Narayana Dharma Paripalana (SNDP) Yogam, an organisation of around one crore economically backward Ezhava people in Kerala, has improved the living conditions of its 11 lakh ... More

EVENTS


Management expert coming
THIRUVANANTHAPURAM: The Thiruvananthapuram chapters of the Project Management Institute (PMI) and the Institute of Electrical and Electronics Engineers (IEEE) will jointly host eminent project management evangelist Mr Vijaya Kumar Verma in ... More

Health talk
The Chief Minister of Delhi, Ms Sheila Dikshit, flanked by the Chairman, Fortis Healthcare Ltd, Dr Harpal Singh, and the Chairman, CII National Committee on Healthcare, Dr Naresh Trehan, at the 3rd India Health Summit in the Capital on Monday. ... More

DLRL anniversary fete
HYDERABAD: The Defence Electronics Research Laboratory (DLRL) has celebrated its 43rd anniversary. A DLRL press release said the laboratory developed and delivered electronic warfare systems to the armed forces. "The lab will attend ... More

EXPORTS & IMPORTS


Data, policy glitches to upset $100-billion export target plan
The industry was told that in case glaring errors in data feeding persist, punitive action might have to be taken or benefits might have to be denied to those exporters who continue to feed erroneous data without taking corrective measures. More

TOURISM


Full steam ahead
Tourists cruising in the reservoir of the Malampuzha dam. This tourist season looks encouraging for the State.

More




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