Financial Daily from THE HINDU group of publications
Thursday, April 11, 2002
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Financial Daily from THE HINDU group of publications Thursday, April 11, 2002 |
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INDUSTRY & ECONOMY CEMENT Maran rebuts charges on cement cartelisation THE Commerce and Industries Minister, Mr Murasoli Maran, today asserted that neither he nor his family had interests in any cement company. If there was, he was prepared to resign his post, he said and dared the Tamil Nadu Finance Minister, Mr ... More ECONOMY Gujarat bid to reassure investors at meeting "The most important message at the Thursday meet would be that the State is still a safe haven for investments, both foreign and domestic and the need of the hour is to build an image that conformed to this." More
FERTILISERS Final decision on fate of fertiliser PSUs soon THE Committee of Ministers, set up to consider the future of sick public sector fertiliser units, will meet within a month to take a final view on them, the Union Minister of State for Chemicals and Fertilisers, Mr Satyabrata Mukherjee, has said. ... More PSU 
An acrimonious tale of two PSUsIT has been a battle for sheer survival between two of the largest and most prestigious PSUs in the State. Kochi Refineries Limited perceived the creation of a single buoy mooring (a floating platform at sea to receive crude from large oil ... More PETROLEUM AP lowers ST on aviation fuel IN a move expected to help boost operations of domestic airlines and Air India (AI), the Andhra Pradesh Government has lowered the sales tax (ST) on aviation turbine fuel (ATF) and pegged it at 4 per cent. While the decision would lead to a ... More POWER Dabhol lenders for fresh asset evaluation LENDERS to the Dabhol Power Company (DPC) have decided to appoint "a reputed" financial advisor to "devise a roadmap to advise on restructuring of the asset", Mr A.K. Doda, Executive Director, IDBI, told presspersons here on Wednesday. He said no ... More
PowerGrid may tap market in June to raise Rs 200 cr
DVC may recover Rs 3,083 cr through securitisation
Mecon bags Bihar hydro power order
TEXTILES Textile exporters oppose linking DEPB rates with excise payment THE textile industry, particularly exporters of cotton made-ups and grey fabrics, are worried over certain provisions in the recently-announced Export-Import Policy linking DEPB (Duty Entitlement Passbook) rates with payment of duties under ... More WATER MANAGEMENT Kerala cabinet okays Japan-aided water project THE Kerala Cabinet has decided to go ahead with the Japan-aided drinking water supply project, which has been stalled in the wake controversies over the appointment of consultants. The Government will float fresh tenders for appointment of ... More RADIO/TV When media brands advertise Media companies are realising the virtues of brand building like never before. Catalyst examines the trend. More REAL ESTATE & CONSTRUCTION INDUSTRY ASSOCIATIONS FICCI pact with Phnom Penh body THE Federation of Indian Chambers of Commerce & Industry (FICCI), signed an Agreement of Cooperation with Phnom Penh Chamber of Commerce (PPCC), at Phnom Penh, on Wednesday. The agreement was signed by Mr R S Lodha of FICCI and Mr Sorn Sokna, ... More DISINVESTMENT Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised JAPAN'S Suzuki Motor Corporation (SMC) is set to take control of Maruti Udyog Ltd (MUL) with 56 per cent stake following a rights offering. "For this, we have negotiated a control premium and renunciation premium with Suzuki which would be ... More
Operating agency clears Jessop revamp package FOREIGN DIRECT INVESTMENT `39 INS members for FDI in print media' `At times I feel that only two sectors in the Indian economy will never be liberated. The first is the Indian Railways and the second is Indian newspapers.' More
Coke seeks waiver of divestment clause HUMAN RESOURCES AP schemes for VRS optees The criterion for selection of trainees is that the beneficiary should have retired under VRS, should not be more than 55 years and should have a strong desire to start self-employment venture by investing part of the terminal benefits received after VRS. More EVENTS INCOME TAX I-T rules on perks to be eased further THE Finance Ministry is set to further relax the existing taxation rules on valuation of perquisites including the requirements on documentation. Last year, the I-T rules were rationalised for valuation of perquisites on the basis of their ... More EXPORTS & IMPORTS Karnataka targets 25 pc annual export growth KARNATAKA is aiming at an annual export growth rate of 25 per cent and will bring out its own five-year Export Promotion Policy next month. The policy for 2002-07 will focus on developing export infrastructure rather than on providing fiscal ... More TOURISM Ministry plans to firm up six tourist circuits THE Ministry of Tourism has set aside for the proposed six tourist circuits Rs 41 crore of the Rs 225 crore which has been provided in the Budget Addressing a press conference, the Secretary Tourism, Ms Rathi Vinay Jha, said that the ... More
KTDC ties up with BIS for ISO 9000 Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 31-Apr. 6 Traditional export items under-perform Govt cuts SDS to 9 pc; PF rate reduction on anvil Bleak export scenario set to change: Maran New initiatives to drive export growth Simplified norms; specific packages Farm exports freed; thrust to SEZs -- Maran gives Exim policy a friendly push Extra revenue outgo on sops at Rs 1,000 cr -- Total outflow may top Rs 27,000 cr in 2002-03 To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors Exports falter, 11-month growth rate at 0.06 pc BoP problem unlikely: Jalan `Newsprint cos have no plans to raise capacity' Mineral water plant in AP leaves the locals high and dry? Natural gas at market prices to power, fertiliser cos: Naik Electronics export up 37 pc |
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