The Hindu Business Line : Friday, January 04, 2002

Campaign against ozone depleting substances
THE Ozone Cell of the Union Ministry of Environment and Forests will launch a campaign against the use of ozone depleting substances (ODS) to create an awareness among people of the need to adopt alternatives to save mankind, Ms Usha ... More

POLICY

Multilateral agencies to be roped in -- Asset reconstruction co equity to private sector
The ARC Committee, in its report submitted to the Government in late November, had said that the equity capital should be split between nearly 31 identified PSU banks and FIs, all of whom would be required to contribute a minimum of Rs 5 crore. More

Brand royalty payment formula
THE Government has announced the formula that would be adopted for calculation of royalty for use of trademark and brand names. An official release from the Department of Industrial Policy and Promotion (DIPP) said that, ``royalty on brand ... More

Advanced licensing scheme for petro products may go
FACED with massive shortfall in revenues, the Finance Ministry is actively considering a proposal to scrap the Advanced Licensing Scheme for petroleum products. The scheme, which was approved in May 2001, has already resulted in an outgo of ... More

STATES

Kerala Govt to probe `broiler scam'
THE Kerala Government will order an inquiry into the ``serious lapse'' on the part of certain officials which allegedly resulted in granting of tax exemption to poultry companies based outside the State. The nature and type of the inquiry would ... More

DVC to cut supply to CESC from Jan 5
IN a bid to recover its dues, Damodar Valley Corporation has decided to stop the supply of power to CESC twice a day from January 5. A DVC release said that considering the hardship that would be caused in case of total stoppage, DVC had ... More

Karnataka highway project achieves financial closure
THE country's first national highway project under the annuity scheme of National Highway Authority of India (NHAI) has successfully managed to achieve financial closure. The project in question is the Belgaum-Maharashtra border stretch on NH-4 ... More

`Good governance must think of long-term benefit'
GOOD governance should presuppose a long-term and sustained benefit to the society at large through collaborative efforts, rather than focusing on short-term gains of enhanced value to the shareholders and efficient management of ... More

Two-pronged strategy on biotech front
THE Tamil Nadu Government aims to create a critical mass in industrial activity in biotechnology through a two-pronged strategy encouraging cutting edge tech- nology and traditional biotechnology products, the Chief Minister, Mr O. Paneerselvam, ... More

WATER MANAGEMENT

Rs 2.75-cr funds for AP water schemes
THE Union Ministry of Rural Development has approved a funding of Rs 2.75 crore to Andhra Pradesh towards water and sanitation projects. The funds, routed through the Rajiv Gandhi National Drinking Water Mission, are to be used for projects in ... More

ROADWAYS

Govt clarifies on seat belts

Comments & Letters to the Editor to: bleditor@thehindu.co.in

TCS gets Rs 200-cr order from United Utilities

Naidu on mission to e-enable rural masses

Bank strike today

Govt mulls foreign stake in tuna sector

Multilateral agencies to be roped in -- Asset reconstruction co equity to private sector

In Depth
Inside Kashmir

Guide to derivatives

US-64