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Monday, January 14, 2002

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INDUSTRY & ECONOMY

CEMENT


L&T, Grasim joint study to cut production cost
CEMENT majors Larsen & Toubro Ltd and Grasim Industries Ltd have initiated a joint study to find out ways of reducing production cost. This is stated to create a synergy, to begin with, in the operations of the two companies. According to Mr ... More

ECONOMY


World Bank, IMF meet on poverty begins today
A FOUR-DAY meeting under the joint auspices of the International Monetary Fund (IMF) and the World Bank to discuss threadbare the Poverty Reduction Strategy Programme (PRSP) is scheduled on January 14 in Washington. According to a Bank release, ... More

FOREIGN TRADE


Lower rupee value to help exports
A BUSY week for the rupee against the dollar as it got back to its lowest level against the US dollar . With the resistance of 48.43 just a whisker away, the market will be inclined to take it beyond those levels soon. The catalyst continues ... More

Zhu visit to boost ties across the prism
THE six-day visit of the Chinese Prime Minister, Mr Zhu Rongji, from today to India opens an optimistic chapter in the bilateral economic relations of the two giants in terms of demography, development and mosaic of variegated culture with their ... More

HEALTH


Health Ministry eases blood storage norms
THE Union Health Ministry has allowed peripheral centres and hospitals to store whole blood and blood components without having to obtain a regular licence for running a blood bank. Through a recent amendment in Schedule K to the Drugs and ... More

INFRASTRUCTURE


Vision 2020 -- Why satellite towns remain distant dreams
LAST WEEK, when I gave a talk at IIM Calcutta, local journalists asked me what my solution was to the problems of Kolkata. High cost of real-estate is the main problem of Kolkata (and all other cities in the country). The problem is man-made. As ... More

PSU


ICICI arm, L&T in race for EPIL stakes
ICICI Venture, a wholly-owned subsidiary of ICICI Ltd, is among the various corporations which have bid for the 74 per cent stake in the public sector Engineering Projects India Ltd (EPIL). The Central Government holds 90 per cent ... More

PESTICIDES


Excel demerger move set to boost agro-chemical export prospects
EXCEL Industries Ltd's move to demerge its agro-chemical division into a separate entity and induct a strategic investor is expected to boost its export prospects in the area of agro-chemicals. The induction of Australia-based Nufarm Limited ... More

POWER


Global energy from wind power balloons in 2001
THERE has been a 31 per cent increase in the global installed wind energy capacity during 2001, according to the Washington-based Earth Policy Institute (EPI). According to an EPI paper, authored by its President, Dr Lester R. Brown, the ... More

Centre may pick up equity in Power Trading Corpn
THE Government may pick up some equity in Power Trading Corporation of India (PTC). In connection with this, a proposal to increase the authorised capital is being sent to the Group of Ministers for approval. Power sector sources said that the ... More

TELECOMMUNICATIONS


Motorola, HP may strike deals with Reliance Comm
CLOSE on the heels of Qualcomm's strategic equity investment in Reliance Communications Ltd (RCL), two other ``big fish'' - Motorola and Hewlett-Packard - are likely to strike similar multi-million dollar deals with the telecom arm of ... More

I-T sops for telecom cos likely to stay
THE Government is set to retain the income tax benefits, including a five-year tax holiday, given to telecom companies and other infrastructure service providers in the Budget, following the recommendations of a high-level Committee. The ... More

CARS


Honda Siel `to break even this fiscal'
HONDA Siel Cars India Ltd would break even this financial year, selling about 10,000 cars, after which it is aiming for a marginal growth in sales in 2002-03, a top company official has said. Honda Siel is also conducting feasibility studies ... More

INDUSTRY ASSOCIATIONS


  • Chamber hails Kerala allotment to farm sector
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
  • Top Stories
    Transport conundrum, post-APM


    Savings on the block

    `Pak must walk the talk'

    Computer education now at your doorstep

    Motorola, HP may strike deals with Reliance Comm

    Plan for submarine repair yards

    Further gains in gold likely

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Jan. 6-Jan. 12
    UK will step up aid to India

    Working group not for withdrawal of MAT -- Fin. Ministry may not cut depreciation rates

    Analysts see mixed Q3 for IT sector

    Want IT experience? Well, pay up buddy

    `Scrap I-T sops on small savings'

    Industrial growth slumps to 0.9 per cent in Nov


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