The Hindu Business Line : Saturday, January 05, 2002

HC allows petition against IOC dealership
THE Madras High Court has held that while dealing with State property or grant of its largesse, public sector undertakings such as the Indian Oil Corporation (IOC) should follow the principle of "fairness and absence of discrimination" of any ... More

POLICY

Quantitative cap goes on cotton yarn export
IN a major bid to boost exports of cotton yarn, the Government has dispensed with the procedure of fixing a quantitative ceiling on exports of cotton yarn from the country. It has also removed some of the procedural restrictions that were ... More

$10-m norm for FDI in realty
THE Government today announced a $10-million minimum capitalisation norm along with a three-year lock-in period for 100 per cent foreign direct investment (FDI) in the development of integrated townships, including housing complexes, commercial ... More

Defence production thrown open to private sector, FDI
THE Government has opened the floodgates for private participation in defence production including foreign direct investments (FDI) by notifying a detailed set of guidelines under which only an Indian company or a partnership firm with a resident ... More

Govt to cut excise on IOC Digboi output by 50 pc
THE Government has decided to reduce excise duty by 50 per cent on the total petro product output from Indian Oil Corporation's Digboi refinery, according to the Petroleum Minister, Mr Ram Naik. Speaking at a public gathering on Friday, Mr Naik ... More

STATES

Jute mill owners call for change in wage structure
JUTE mill owners have requested the West Bengal Government to allow them to introduce a productivity-linked wage structure for the first time in the industry, and have also called for a new wage structure for fresh entrants. Mr Sanjay Kajaria, ... More

Blair's visit significant for Karnataka: Krishna
THE Karnataka Chief Minister, Mr S.M. Krishna, today described the visit of the British Prime Minister, Mr Tony Blair, as a ``significant event'' and hoped it would pave way for further strengthening of economic bonds with Britain. In a ... More

Experts moot use of natural rubber in roads
RUBBERISATION of roads in the country can effect a substantial saving in cost apart from creating additional demand for natural rubber, thus ensuring a remunerative price for farmers. Experts participating at a seminar on Friday on Road ... More

Meet on Gujarat investment potential
THE Ministry of External Affairs, Government of India, Gujarat Government (iNDEXTb - Industrial Extension Bureau), the Federation of Indian Chambers of Commerce & Industry (FICCI), and Gujarat Chamber of Commerce & Industry (GCCI) are jointly ... More

TAXATION

DoT planning graded tax in lieu of revenue-share
IN what could be yet another significant change in the telecom policy, the Department of Telecommunications (DoT) is evaluating the feasibility of shifting over from a ``revenue-sharing'' licence fee regime to a ``graded service tax'' regime for ... More
RADIO/TV

Govt moves to counter PTV propaganda
EVEN as Pakistan Television (PTV) steps up its propaganda against India, the Indian Government seems to be trying to get into the revamp mode, especially in news presentation. The Minister for Information and Broadcasting (I&B), Ms Sushma ... More
DISINVESTMENT

Govt may invite bids for Keltron arm stake
THE Kerala Government is seriously considering a proposal to convert the State-owned Keltron Counters Ltd into a joint venture with private participation. If the proposal goes through, Keltron Counters, a subsidiary of Kerala State Electronics ... More
EVENTS

Blair arrives in Silicon City
THE British Prime Minister, Mr Tony Blair, arrived here on Friday on a 36-hour stopover en route to Hyderabad and Delhi. Mr Blair, who is leading an 80-member team, which includes a strong posse of the British media, will inaugurate the `CII ... More
Converging on a new business vision
IT'S a New Year and a new beginning. A time for all industries to break out of fetters like `slowdown' and `terror' and get back to business. The CII Partnership Summit opening here on Saturday is all about injecting some `feel good' shot to ... More
Comments & Letters to the Editor to: bleditor@thehindu.co.in

Bharti to join the cellular brandwagon in Mumbai

Bank strike hits operations

RBI nod for bank credit to units in export zones

Move to boost TUFS funding in textile sector

$10-m norm for FDI in realty

Quantitative cap goes on cotton yarn export

Defence production thrown open to private sector, FDI

In Depth
Inside Kashmir

Guide to derivatives

US-64