Financial Daily from THE HINDU group of publications
Tuesday, May 14, 2002
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Financial Daily from THE HINDU group of publications Tuesday, May 14, 2002 |
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INDUSTRY & ECONOMY BUDGET President's nod for Finance Bill THE President, Mr K.R. Narayanan, has given his assent to the Finance Bill 2002 which was passed by Parliament last week. The assent to the Bill paves the way for incorporating all the taxation proposals - including the official amendments - ... More COURTS/LEGAL ISSUES AP: Fast-track courts for SC/ST cases THE Andhra Pradesh Government is contemplating the setting up of an SC, ST commission and is taking all steps in that direction, Mr J. Pushparaj, the Social Welfare Minister, has said. At a press meet here, he said fast-track courts would also ... More ECONOMY 
`Lanka cannot allow economy to slide while waiting for peace'LONG-TERM investors are going to wait for a while before investing in Sri Lanka, and while the direction the peace process takes is important, the Wickremesinghe Government cannot allow "the economy to drift and slide", while it engages the LTTE ... More
AP Govt appoints consultant to fine-tune single window
FOREIGN TRADE Bid to boost ties with Gulf council THE six-member Gulf Co-operation Council (GCC) and India have initiated a dialogue to build institutional relationships that cover a wide range of issues related to commercial co-operation, a senior CII official said in Abu Dhabi. Mr Tarun Das, ... More POWER Kerala: Power crunch likely to worsen The peak power demand of the State in 2001-02 stood at 2,855 MW, against the availability of only 2,362 MW. Added to this, there was an annual seven per cent growth in the number of consumers. More
AP: Low output, breakdowns cause power supply pains TEXTILES Centre clears closure of 2 NTC units in TN THE closure of two textile units — Krishnaveni and Om Parasakthi Mills — owned by the Tamil Nadu subsidiary of the National Textiles Corporation has been officially approved by the Central Government's Labour Department. The closure ... More
`Little done to help Bengal textile sector' SSI Karnataka SSI woes go beyond competition While the unmitigated problem of power continues to dog the small units, it is the very poor database relating to small-scale sector that has come in the way of balanced and scientific growth of the sector. More COAL Coal India back in black COAL India Ltd has reported a provisional profit of approximately Rs 1,400 crore during fiscal 2001-02 as against a loss of Rs 1,414.47 crore recorded during fiscal 2000-01, marking a significant turnaround for the public sector energy ... More RADIO/TV Crossed wires on conditional access THE Government's decision to introduce conditional access system (CAS) in the broadcasting sector has opened a Pandora's box. Even as a jubilant cable industry along with a Member of Parliament, Mr Kirit Somaiya, on Monday met the Information ... More MANPOWER Risk insurance for Tamils working abroad THE State Government-owned Overseas Manpower Corporation has tied up with the New India Assurance Co to offer a social security cover for Tamils from the State working abroad. According to a State Government press release, two types of policies ... More INDUSTRY ASSOCIATIONS FIEO panel to discuss key issues today THE Federation of Indian Export Organisations (FIEO), which is still functioning without a president, has convened a meeting of its managing committee on May 14 to discuss many key issues. The issues it would take up include fixing the date for ... More DISINVESTMENT 
Varun becomes Sterlite's `advisor' -- Finolex, two others drop out of SCI raceTHE Finolex group, French container line CMA-CGM and the Hong Kong-based Orient Overseas Container Line Ltd (OOCLL) have dropped out of the bidding process of Shipping Corporation of India (SCI). However, Varun Shipping Company Ltd has started ... More
KAPL staff protest privatisation move FOREIGN DIRECT INVESTMENT Gujarat violence will not hit FDI, says Soota THE communal violence in Gujarat will not affect the flow of foreign direct investment into the country as those incidents were confined to that State alone, Mr Ashok Soota, President, Confederation of Indian Industry, has said. If the violence ... More RURAL DEVELOPMENT Bengal plans solar, bio-gas power in 1,000 villages THE West Bengal Renewable Energy Development Agency (WBREDA) has firmed up plans to invest Rs 300 crore during the current plan period to light up 1,000 villages using solar and bio-gas as the energy source.Mr S.P. GonChowdhdury, Director of ... More TRADE & LABOUR UNIONS Govt alive to concerns on labour law changes THE Lok Sabha was assured today that the Government was fully alive to the concerns voiced by members and trade unions in the country over the proposed amendments to the Industrial Dispute Act (IDA) and Contract Labour Act. Responding to a ... More TOURISM Bid to woo tourists from West Asia A HIGH-POWER tourism delegation from India, led by the Minister of State for Civil Aviation, Mr Shahnawaz Hussain, will visit Dubai, Abu Dhabi and Muscat between May 18 and 25. The delegation aims at spelling out new strategies to attract more ... More ECONOMIC OFFENCES 
Flex Industries imbroglio -- Opposition MPs bay for Sinha's bloodTHE Finance Minister, Mr Yashwant Sinha, is under pressure again with the Opposition parties seeking his exit from the Ministry following reports that Flex Industries - now facing a CBI probe - had allegedly printed and supplied material ... More
Urban co-op banks flouting norms on board constitution
Gond used wife's cos to launder kickbacks 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 May. 5-May. 11 Can Ranil convert the `feel-good factor' into economic benefit? Car, mobikes may propel auto sector to 16% growth DTH entry rules not to be relaxed for now Top 15 account for Rs 53,760 cr -- Investments in 62 projects shelved Industry sees recovery in 6 months: Survey `Pharma retail chains will replace corner chemists' Industrial growth falls to nine-year-low of 2.7 pc Commissioner of seamen PF to go -- DG Shipping lodges plaint with CBI |
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