Financial Daily from THE HINDU group of publications
Tuesday, May 21, 2002
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INDUSTRY & ECONOMY

ECONOMY


AP: Every district to have its own `economic identity'
A report by the Confederation of Indian Industry has shown that the average annual growth of the State has been 7.2 per cent, as against the average growth of the country at 6.1 per cent. More

FOREIGN TRADE


CII team for Egypt to boost trade ties
A DELEGATION of the Confederation of Indian Industry (CII) led by the Chairman and Managing Director, Bajaj Auto Ltd, Mr Rahul Bajaj, is to meet with the Prime Minister of Egypt, Dr Atef Abeid, during a four-day visit to that country beginning ... More

`Sino-Indian ventures possible in near future'
WITH China becoming a member of the World Trade Organisation (WTO), trade between India and China may increase in the coming years, according to Mr Rajiv Pratap Rudy, Union Minister of State for Commerce and Industry. "With the trade boundaries ... More

HEALTH


  • `Healthcare should be affordable'

    INFRASTRUCTURE


  • Kerala: Minister orders clearing of drains

    PHARMACEUTICALS


    Kerala: Maveli stores hit by lack of drug supply
    THE sudden decision of some of the drug manufacturers to stop supply of medicine to Maveli medical stores in the State is bound to embarrass Kerala State Civil Supplies Corporation (Supplyco). It was alleged that the manufacturers was taken ... More

    POWER


    Pvt placement for Rs 50 cr -- Srei-led team, 3 others get Gridco mandate for bonds
    The size of the placement is Rs 50 crore, with an option to retain a further sum of Rs 50 crore, and the tenor is for 7 years, with redemption to the extent of 30 per cent in 5th year, 30 per cent in 6th year and 40 per cent in 7th year. There will b e a put/call option after 4 years. More

    Kerala: Local bodies to supervise power distribution
    THE local bodies in Kerala will soon be vested with the powers to oversee the distribution of electricity in their respective areas. According to the Electricity Minister, Mr Kadavoor Sivadasan, this is aimed at preventing power thefts as also ... More

    KSEB moves to cut costs
    KERALA State Electricity Board (KSEB), which is facing mounting liabilities, has initiated several measures to bring down losses and keep itself on an even keel. The measures are basically aimed at increasing revenue, cutting down expenditure, ... More

    Govt guarantee for APGenco bonds issue
    THE Andhra Pradesh Government has given an irrevocable and unconditional guarantee for Rs 4,387.43 crore and interest thereon for the issue of bonds by APGenco to the Andhra Pradesh State Electricity Employees' Master Trust. 0The amount ... More

  • Karnataka: New PGCIL transmission link soon

    TEXTILES


    KIADB told to identify land for apparel park
    THE Karnataka Industrial Area Development Board (KIADB) has been asked by the Government to acquire about 150 to 180 acre of land near Doddaballapur for setting up an apparel park. The Minister for Sericlture, Mr M. Mahadev, today said that ... More

    WATER MANAGEMENT


    Water back on Gujarat agenda
    The new water strategy of the State Government is mounted on the premise that the hitherto followed policy of fighting water scarcity each year at an incremental cost of not less than Rs 100 crore needs to be replaced with a more proactive policy, wh ich also gave some long-term solutions to this perennial problem. More

  • Kerala: Relief over JBIC nod for global tender
  • Kerala: Action plan for potable water projects

    BREWERIES


    Kerala: IMFL cos cry foul over new tax
    INTRODUCTION of turn over tax (TOT) on sales of Indian-made foreign liquor (IMFL) produced in the State appears to have boomeranged as the industry has brought down the production effecting a decline in the revenue of the State. Ever since the ... More

    EDUCATION


  • AP: Session on US visas for students

    MEDICAL INSTITUTIONS & HOSPITALS


  • Kerala: Demand to scrap Govt order

    REAL ESTATE & CONSTRUCTION


    APHB venture with Singapore, Malaysian cos -- Two townships coming up near Hyderabad
    The proposed township will be located near the Hitec City railway station and have units ranging from 450 sq ft to 3,000 sq ft with the cost attractively slotted at Rs 700 to Rs 900 per sq ft. More

    READYMADE GARMENTS


    Garment exporters surprised at surge in quota premiums
    THE rising premiums on export quotas for the US and EU shipments have kept the Indian garment exporters wondering whether the premium surge reflects real demand for particular categories of garments in these markets. There exists a view that ... More

    SCIENCE & TECHNOLOGY


    IICT sets up 2 testing centres
    THE Indian Institute of Chemical Technology (IICT) here has commissioned two testing centres, one, HOPE, to facilitate the development of new drugs and another, BIO-SAFE, for agrochemicals. HOPE (Health of Pharmaceuticals - Evaluation) has been ... More

    DISINVESTMENT


    IPCL in the limelight
    THE IPCL stock was locked in the 10-per cent upper circuit today following the Government decision to give its 26-per cent stake to Reliance Industries at Rs 231 per share. The share price of IPCL closed at Rs 145.95 with volumes of 34.56 lakh ... More

    Reliance to part-fund IPCL buy via debt
    RELIANCE Industries Ltd (RIL) is likely to raise about Rs 1,300 crore debt to buy the controlling stake in public sector petrochemical company IPCL. According to company sources, RIL would fund acquisition of its single-largest domestic ... More

  • Pre-bid meet for NSF sugar mill sale

    WTO


    Remove market access barriers for financial services: FICCI
    THE Federation of Indian Chambers of Commerce & Industry (FICCI) has said that in the current WTO negotiations, Indian negotiators should ensure the removal of barriers faced by the Indian financial services abroad. The Indian financial service ... More

    EVENTS


  • Hyderabad Engagements

    ALTERNATIVE MEDICINES


    ITCOT report to aid medicinal plant sector
    THE Industrial and Technical Consultancy Organisation of Tamil Nadu Ltd (ITCOT) has come out with a 355-page report on the opportunities in herbal, medicinal and aromatic plants. The report, which is for sale, would help potential farmers, ... More

    Coimbatore meet to boost investment in herbal projects
    A DISSEMINATION programme on investment on herbal projects, to be held here on May 23, will focus on studies on 18 important herbs. The study will also analyse aspects such as technology trend, demand supply trends, global scenario and factors ... More

    TOURISM


    AP's multi-pronged drive to woo tourists
    BUOYED by the 54-55 per cent annual growth, the Andhra Pradesh Tourism Development Corporation (APTDC) has firmed up a slew of projects to attract more tourist inflows. The corporation has moved into the top five of the tourism corporations in ... More
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  • Top Stories
    HLL tags special dividend to bonus debenture -- Scheme modified to address income-tax problem


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    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    May. 12-May. 18
    `CAG audit failed to detect misuse of seamen fund'

    Flex Industries imbroglio -- Opposition MPs bay for Sinha's blood

    Gond used wife's cos to launder kickbacks

    Overseas investment will boost MFs: Report

    Suzuki to take wheel at Maruti: Rights issue at Rs 3,280 a share

    Sinha denies links with Flex chief: `It was a routine, transparent transaction'

    Maruti: Govt assured of Rs 1,424 cr mop-up from public issue

    Guindy estate: Mirroring the decline of SSIs

    Urea policy approved: Net impact on industry at Rs 1,033 cr

    `Arbitrary' domestic pricing: Urea units look abroad for cheaper naphtha

    Home Trade bank accounts sealed


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