Financial Daily from THE HINDU group of publications
Saturday, April 20, 2002
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Financial Daily from THE HINDU group of publications Saturday, April 20, 2002 |
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INDUSTRY & ECONOMY AUTOMOBILES Auto cos get FIPB green signal for new models THE Foreign Investment Promotion Board (FIPB) has given a slew of approvals for international automobile majors such as Toyota, Honda and Hyundai and homegrown Hindustan Motors to expand their operations and introduce more models. Hindustan ... More CEMENT 7 non-operational Cement Corpn units to be closed THE Union Cabinet has permitted Cement Corporation of India (CCI) to shut down its seven non-operational units. "The Cabinet on Thursday permitted CCI to take advance action to close seven non-operational units under the Industrial Disputes Act ... More CHEMICALS 
AP to set up chemical industrial complexHAVING successfully initiated proactive policies and measures in the areas of information, bio and pharmaceutical technologies, the Andhra Pradesh Government is now embarking upon major initiatives to tap the opportunities in the area of ... More ENVIRONMENT Karnataka: A community initiative for cleaner environment So popular has the initiative become that the city's Mayor has asked RISE to take on more municipal wards. More FERTILISERS `APM dismantling to strain urea co margins' THE Minister for Chemicals and Fertilisers, Mr S.S. Dhindsa, has said that the dismantling of the Administered Price Mechanism (APM) for petro-products is likely to severely strain the margins of domestic urea manufacturers. Speaking at a ... More
Days numbered for Fertiliser Corpn units PHARMACEUTICALS Need to improve drug quality norms: Study AN estimated 7-10 per cent of drugs manufactured in the States of Andhra Pradesh, Maharashtra and Uttar Pradesh are below acceptable standards. Even the currently used quality assessment systems for drugs in various States are grossly inadequate ... More POWER 
Partnership venture to streamline power sector -- APERC inks pact with US bodiesThe Chief Minister, Mr N. Chandrababu Naidu, said that he wanted to completely streamline the State power utilities and had sought USAID and USEA cooperation for adopting the world's best practices in the power sector. More
Karnataka: Paid-up capital of discoms fixed at Rs 50 lakh
DVC plans restructuring
Securitisation of power dues may worsen States' position TAXATION SSI 8 SSIs qualify for SBI quality scheme STATE Bank of India's quality support scheme, aimed at encouraging borrowing units in the SME sector to go in for quality upgradation, has recognised eight units which have obtained the desired quality certification. SBI's Bengal circle has ... More TYRES Truck, bus tyre output down in February TRUCK and bus tyre production slipped in February 2002 to touch a level of 6.64 lakh tyres, reflecting a 4.60 per cent decline over 6.96 lakh tyres produced in January. The production level in this category, which accounts for about 70 per cent ... More WATER MANAGEMENT TN: Metrowater considers bulk purchase to enhance supply THE Chennai Metropolitan Water Supply and Sewerage Board (Metrowater) will look into the option of bulk water purchase as part of a long-term plan for water supply to the city. According to the policy note on administration of urban local ... More
HCV/LCV/TRACTORS Ethiopia keen on Indian tractors COIMBATORE: The Indian tractor is said to be far more competitive than the European one. This was the observation made by the five-member Unido-sponsored Ethiopian team, now on a tour in India. Mr Getachew Eshetu, representing the ... More GEMS & JEWELLERY Marginal fall in gem, jewellery exports to $7.53 b DESPITE the September 11 attack and the US economic slowdown, Indian gem and jewellery exports could achieve the revised target during 2001-2002, though it is marginally lower than the previous year's. According to the Gems and Jewellery Export ... More CONSULTING REAL ESTATE & CONSTRUCTION TN scheme soon for property registration THE Tamil Nadu Government will soon announce a new samadhan scheme to expedite property document registration and improve stamp duty revenues to the Government. Announcing a decision to this effect while responding to the debate on the demand ... More INDUSTRY ASSOCIATIONS SCIENCE & TECHNOLOGY Space museum in Bangalore BANGALORE: The country's first space museum will be commissioned soon in Bangalore to showcase the advances and achievements in satellite and space technology. The Ministry for Science and Technology has reportedly promised the ... More
No monkey business, this!
Strand Genomics launches new tool CINEMA Film stars' honeymoon with TV is over: Chamber IN a bid to save the crisis-ridden Malayalam film industry, a disciplinary committee has been constituted by the Kerala Film Chamber of Commerce to enforce discipline on film stars. The committee, as part of its first set of directives, has ... More GENDER Karnataka: Empowering women through biz initiatives THE Association of Women Entrepreneurs of Karnataka (AWAKE), which aims to empower women through entrepreneurship development to improve their economic conditions, is to host the Asia-Pacific Convention of Entrepreneurial Women in Bangalore next ... More DISINVESTMENT If Divestment Ministry has its way -- No PSU can bid for HPCL, BPCL THE Ministry of Disinvestment is contemplating a complete ban on PSUs such as ONGC and GAIL bidding for HPCL and BPCL, with the aim of creating private-public competition in the oil sector. The move to impose a blanket ban on PSUs bidding for ... More
ONGC, IPCL sign price pact for ethane, propane FOREIGN DIRECT INVESTMENT Decks cleared for Shell's Hazira port project -- Rs 3,000-crore FDI to flow into Gujarat THE Gujarat Government is gearing up to give the official nod to the Hazira port to be put up by Shell Gas BV, a member of the Royal Dutch Shell group, sometime next week. Effectively, this will mean a fresh flow of foreign direct investment ... More WTO Post-Doha, India, China to work together INDIA and China, the newest member of WTO, can work together closely in areas of agriculture and environment, prior to the run-up to the fifth WTO ministerial in Mexico sometime next year. Participating in an interactive session on `WTO-the ... More EVENTS INCOME TAX 
`I-T relief for poll funds a mockery of justice'THE Election and Other Related Laws (Amendment) Bill, 2002, now pending before Parliament, is purportedly intended to "bring transparency in the funding of political parties by the corporate sector and by other persons by streamlining and ... More TOURISM 
Adventure tourism, catalysed by KalypsoIT was a tryst with adventure which several corporates would not forget in a hurry. And the list included big-wigs of the corporate world such as HCL, EID Parry, the Danish ship survey major, DNV, and Amoeba Infotech. And the Kochi-based ... More
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Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 7-Apr. 13 WHO's new mantra: Put on your jogging shoes TN to push for number one position in FDI flow Buy India Act to redefine Govt steel procurement MFs can invest 4 pc of assets in foreign papers -- SEBI fixes individual limit at $50 m Direct tax mop-up falls short of target No petro price hike for now: Minister Caution to Govt on dividend tax India to return to higher GDP growth soon: ADB Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised I-T rules on perks to be eased further It's a different `dot' game Madras HC stays cut in tax on perks Industrial growth marginal at 2.6 pc in 11 months 3 key Budget proposals being reviewed by Govt EPF trustees stick to 9.5 pc Kalam makes light of Pak nuclear `threat' |
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