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Thursday, July 04, 2002

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INDUSTRY & ECONOMY

AUTOMOBILES


Ratan for support to auto brands
MR RATAN N. Tata, Chairman, Tata Engineering, has said the country's automobile policy must support Indian brands even as it encourages foreign direct investment (FDI) into the sector. In the company's 2001-2002 annual report, he says, "A ... More

COURTS/LEGAL ISSUES


Jana assumes office as Law Minister
FROM a high profile and suave Mr Arun Jaitley to a sombre Mr K. Jana Krishnamurthi, the Law Ministry seems to have come a full circle. While Mr Krishnamurthi took over as the Minister of Law and Justice here on Wednesday, Mr Jaitley assumed ... More

Exporters may accept credit card payments
This is an era of outsourcing and subcontracting. To keep pace with reality, the Director-General of Foreign Trade (DGFT) has permitted EOU/ EPZ/EHTP units to remove moulds, jigs, tools, fixtures, tackles, instruments, hangers and patterns and ... More

ECONOMY


AP Annual Plan size fixed at Rs 10,100 crore
On the State-owned public enterprises, the Planning Commission, Deputy Chairman, Mr K.C. Pant, said Andhra Pradesh was one of the progressive States which has initiated power sector reforms. More

FOREIGN TRADE


India offers to boost trade with Ethiopia
INDIA is ready to assist Ethiopia in the development of small-scale industries, agriculture, agro-based manufacturing sectors and human resource development. This was stated by the Minister of State for Commerce and Industry, Mr Rajiv Pratap ... More

HEALTH


Shatrughan spells out agenda
WHEN a Bollywood villain-turned-hero dons the mantle as the country's Health Minister, it is bound to generate interest. Naturally, when Mr Shatrughan Sinha took office here on Wednesday at the Nirman Bhawan (Health Ministry), the otherwise dull ... More

Heartening news
CHENNAI: A stem cells research project done on sheep by a Chennai-based cardio-vascular institute in collaboration with Reliance Life Sciences, to study the usefulness of stem cells for damaged areas of the heart, holds out promise, says ... More

Hepatitis B vaccine prices slashed
SERUM Institute of India Ltd (SIIL) has slashed prices of its Hepatitis B vaccine, Gene Vac-B by about 40 per cent. The maximum retail price of 10 ml vial is now Rs 875 as againt Rs 1,400 earlier. The 0.5 ml (single dose) for paediatric use ... More

PETROLEUM


Panel briefed on petro decisions
NEW DELHI: The Parliamentary Consultative Committee attached to the Ministry of Petroleum and Natural Gas discussed the Petroleum Regulatory Board Bill 2002 in a meeting here on Wednesday. According to an official release, Mr Ram Naik, ... More

Naik to lead team to Iraq for joint commission meet
THE Minister for Petroleum and Natural Gas, Mr Ram Naik, is leading a high-level delegation to Baghdad for the forthcoming meeting of the Indo-Iraq Joint Commission. The Joint Commission, according to an official press release here, will meet ... More

POWER


APTransco intensifies drive to check pilferage
In addition to inspections in cities, the focus had also been on curbing the theft of energy in smaller towns and rural areas, which had resulted in higher number of cases being registered, an official release from APTransco said. More

TAXATION


Kerala Govt told to decide on sewerage cess
THE Up-Lok Ayukt, Mr Justice T.V. Ramakrishnan, has issued an order directing the State Government to consider a proposal from Housing and Urban Development Corporation (Hudco) to levy a sewerage cess on the residents of Thiruvananthapuram ... More

`Property tax plan not in present form'
IN another twist to the controversy regarding the implementation of the self-assessment scheme for property tax in Mangalore City Corporation limits, the former Union Minister of State for Finance and current member of the Rajya Sabha, Mr B. ... More

TRAVEL & PLACES


US visa applications up
When TT Services, a part of the TTK Group, started the drop box facility for the people applying for US visa in February 2000, it was the first time that the US Consulate had outsourced this work, Mr Arun Vasu, Joint Managing Director, TT Services, s aid. More

WATER MANAGEMENT


AP Govt seeks views on water conservation
THE Andhra Pradesh Government, which had constituted a water conservation mission in 2000, is in the process of developing a `Water Vision' for the State based on a consultative process. The vision is expected to give an integrated overview of ... More

BREWERIES


Beer prices jacked up in TN
THERE is a sharp rise in beer prices across Tamil Nadu from July 1 onwards. The retail price of 650 ml beer has moved up by at least Rs 6 following Tamil Nadu State Marketing Corporation's (Tasmac) decision to allow the price hike. The price of ... More

SCIENCE & TECHNOLOGY


Swadeshi science congress begins on Nov 5
THE Swadeshi Science Movement and the Central Tuber Crops Research Institute (CTCRI) will jointly organise the three-day 12th Swadeshi Science Congress from November 5. Speaking to newspersons, Dr S. Edison, Director, CTCRI and Dr V.P. Potty, ... More

MINING & QUARRYING


Sand mining shifts from rivers to paddy fields in Kerala
FOR sand miners in Kerala, who won't get permission to mine sand from the rivers following a Government ban from July 1 for three months, the availability of sand deposits in certain low-lying areas in the Pathanamthitta and Alappuzha districts ... More

EVENTS


Emirates official airline for law conference
EMIRATES airline has been selected as official international carrier for the 13th Commonwealth Law Conference in Melbourne to be held in April 2003. This is for the first time the international meeting will be held in Australia. The airline was ... More

  • Manufacturing tech show
  • Hyderabad Engagements

    ENTREPRENEURSHIP


    Good response to APSFC campaign
    THE one-day business development campaign organised by the Andhra Pradesh State Financial Corporation (APSFC) here on Wednesday elicited good response from entrepreneurs, with 32 projects involving an investment of Rs 34 crore having been ... More

    EXPORTS & IMPORTS


    Assocham urges duty review on fuels under DEPB
    THE Associated Chambers of Commerce and Industry (Assocham) has urged the Government to consider the incidence of customs duties suffered on fuels (which are an integrated part of the production process) in the calculation of credit rates under ... More

    Software exports to US up 32 pc
    DESPITE the economic slowdown forcing American companies to drastically cut technology spending, software exports from India to the US rose by a healthy 32 per cent in 2001-02 to $4.91 billion, according to official data. Total software exports ... More

    Waiting to be shipped abroad
    These Santros made at Hyundai Motor India's plant at Irungattukottai, near Chennai, have been lined up at the Chennai port and are bound for markets in Indonesia, Algeria and Morocco. The company exported 6,096 Santros in 2001, mainly to these ... More

    TOURISM


    A different shoot for Vinod Khanna
    IT was almost like a perfect Bollywood setting. The `Star' was present, arc lights were on and cameras were set to roll at the appointed time, 12.30 p.m. The occasion, the maiden press conference of the cine star and newly appointed Minister of ... More

    ECONOMIC OFFENCES


    Govt launches probe into Xerox Modi affair
    THE Government has launched a thorough probe into the activities of Xerox ModiCorp, the Indian subsidiary of the US multinational, Xerox Corporation, even as the CBI was reported to have initiated action to trace the beneficiaries of the pay-offs ... More
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    Railway Minister not keen to divest PSUs on his turf

    Reinvested earnings may come under FDI tag

    Poor show by traditional items causes negative export growth


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