Airlines
IA: Fresh DoD `norms after present bid process is over'
THE Department of Disinvestment (DoD) will examine the issue of change in guidelines for inviting fresh bids for Indian Airlines only after the Government has formally rejected the bids of the existing players.
Banking and Finance
What's holding back Vora going to IDBI
GUESS what went wrong with the appointment of the National Housing Bank (NHB) Chairman, Mr P.P. Vora, as the Chairman and Managing Director (CMD) of the Industrial Development Bank of India (IDBI) which has been without a full-time CMD since January 31 t
his year!
LTC suspension for bank staff withdrawn
THE Government has withdrawn the controversial order suspending leave travel concession (LTC) in public sector banks for a period of two years.
Corporate
Meltdown hurts media, entertainment cos
IT'S definitely not been a great beginning for the media and entertainment software companies. The meltdown in the ICE sector has hit the first quarter results of big and small listed media and entertainment companies with most of them either indicating
lower profits or a drop in income.
Fashioning a strategy -- Making a `business of demystifying glamour'
MOVE over Paris, New York. Make way London. For a week beginning Monday, Mumbai city and the high-profile Taj Mahal hotel is going to be transformed into the fashion hub of the country, with the best-known names in the industry all set to kick off the si
ngle-largest fashion extravaganza in the country -- the Lakme India Fashion Week 2001.
Policy
Panel visits NMPT
MANGALORE: The Chairman of the National Commission for SCs/STs, Mr Dileep Singh Bhuria, and the Director of the SC/ST Commission for Karnataka, Mr D.J.N. Ananda, visited the New Mangalore port to review the NMPT's track record in implementing the reserva
tion policy for scheduled castes and scheduled tribes.
Government in a bind over funding VRS bills of PSUs
THIS seems to be the season of the Yeh dil mange more proposals in the Government.
Rubber
Capexil plea for duty-free natural rubber imports
MAKING a strong plea for allowing duty-free imports of certain grades of natural rubber (those not available within the country), Mr M.F. Vohra, all-India Vice-Chairman of
Shipping
Indo-Iranian shipping co planned
A NEW Indo-Iranian shipping venture is being proposed to cater to the country's growing crude oil import.
SCI Chairman gets extension
MUMBAI: Mr P.K. Srivastava, Chairman, Shipping Corporation of India, has been given a three months extension. His five-year term expired in July.
States
IIT-Kharagpur mulls campus in Silicon Valley
THE Indian Institute of Technology, Kharagpur (IIT-KGP) is contemplating setting up a campus in Silicon Valley. The institute already has campuses in Kolkata and Bhubaneswar besides Kharagpur.
Reform process in Kerala power sector `very slow': Plan panel
THE Planning Commission has deplored the slow pace of power sector reform in Kerala as also its poor water recovery rate from farmers.
NHB identifies 6 areas in TN to build cold storage systems
THE technology for setting up of cold storage chain is ready for adoption. The National Horticulture Board (NHB) has identified six areas for the establishment of cold storage systems in the State. The Government, according to Mr M.B. Pranesh, Special Co
mmissioner and Secretary, Agriculture Department, is proposing to demarcate these areas as `Agriculture Export Zones (AEZs)' in Tamil Nadu, since the State has enormous potential for the development of horticulture.
Handloom manufacturers body plea to TN Govt
THE Sellur Handloom Cloth Manufacturers' Association here has made on appeal to the State Government to procure cloth for its uniformed staff, including police personnel and transport crew, from the private handloom co-operatives, to help them tide over
the crisis caused by imports, as a fallout of economic liberalisation.
`KIOCL, model to all mining people'
THE former Chairman of Coal India Ltd and Neyveli Lignite Corporation Ltd, Mr G.L. Tandon, has supported the Kudremukh Iron Ore Company's claim to long-term lease for the already broken area where it estimates deposits to be mined for another 20 years.
Care Hospital's distinction
HYDERABAD: Care Hospital here which specialises in heart care, especially arrhythmia treatment, an abnormal heart rhythm problem marked by pounding, skipping or fluttering, has treated more than 300 cases and attained international standards in the succe
ss rate, according to Dr B. Somaraju, CMD of the hospital.
Naihati Jute Mill reopens
KOLKATA: Following a tripartite agreement between the mill management, workers' unions and the West Bengal Government, Naihati Jute Mill, located near here, reopened on Saturday.
Steel
Post-rolling settlement -- Steel cos face FIs' music as market cap heads south
THE introduction of compulsory rolling settlement has put steel companies in a tight spot following a 17.46 per cent fall in their market capitalisation within five weeks of its introduction.
