Financial Daily from THE HINDU group of publications
Friday, August 09, 2002
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INDUSTRY & ECONOMY

PENSION PLANS


Pension adalat at Kozhikode on Sept 19
THE Accountant General's Office will hold a pension and provident fund adalat on September 19 from 10 a.m. at the Town Hall in Kozhikode. Announcing this, an official spokesman said that the aim of the proposed adalat was to settle the pending ... More

INVESTMENTS


No investment limits on new tax-free bonds
THE Government has decided not to fix an annual investment limit on the new seven per cent tax-free bonds announced by the Finance Minister, Mr Jaswant Singh, in a bid to restore the feel good factor and bolster savings. These bonds will be ... More

CHEMICALS


`Use cost advantage to lure foreign drug cos'
INDIA can use its competitive cost advantage to lure foreign pharmaceutical companies to set up their research and development centres in the country, according to Mr Vinay Kohli, Secretary, Department of Chemicals and Petrochemicals. "The ... More

COURTS/LEGAL ISSUES


Liquor shop licence fee hike stayed in TN
THE Madras High Court has ordered interim stay of operation of the order of the Excise Department of the Pondicherry Government hiking the licence fees for liquor shops from Rs 80,000 to Rs 2 lakh with retrospective effect from April 1, ... More

INFRASTRUCTURE


Promotion of SEZs, industrial parks — Srei Capital in pact with Singapore consultant
The strategic alliance assumes significance, "considering Srei's exposure to core infrastructure development in India, with increasing focus on financing of infrastructure projects." More

POWER


`Power conservation need of the hour'
THE State Power Minister, Mr Kadavoor Sivadasan, has called for a proactive approach in conservation and usage of electricity as Kerala is passing through difficult times as far as power is concerned. "It is high time we created a culture for ... More

TAXATION


  • Chambers' plea on VAT

    COAL


    New policy to scrap coal sale linkages
    THE proposed new policy for sale of coal to non-core sector to be adopted by the coal producing subsidiaries of Coal India Ltd (CIL) does away with the existing system of linkages and sponsorships and all future supplies will be on the basis of ... More

    Private coal washeries to make impact soon
    THE presence of the private sector in the coal washing business is expected to be felt shortly with two new coal washeries at Talcher coalfields in Orissa promoted by private investors getting ready to begin commercial production within a month ... More

    BREWERIES


    Liquor cos ask channels to take off surrogate ads
    IN a self-disciplinary move, the Confederation of Indian Alcoholic Beverage Companies (CIABC) has asked all television channels to withdraw objectionable surrogate liquor ads. And the first one to be targeted is Jagatjit Industries Ltd's ... More

    RADIO/TV


    Conditional access: Broadcasters to hold meeting
    EVEN as the Government has managed to get the amendments to the Cable Television Act listed in the Rajya Sabha, broadcasters are planning to come out in the open against the implementation of the Conditional Access System (CAS). The Indian ... More

    EDUCATION


    JNTU, QualCore tie up for MS course in VLSI
    IN an interesting industry-academia linkage, QualCore Logic Ltd and the Jawaharlal Nehru Technological University (JNTU) here have joined hands to offer a Master of Science in VLSI Engineering. Claimed to be one of its kind initiative in the ... More

    T.A. Pai Institute application forms
    HYDERABAD: Syndicate Bank has announced the availability of application forms for admission into the TA Pai Management Institute of Manipal from five of the bank's branches located in Hyderabad and Secunderabad. In a press release, ... More

    TELEVISION SETS


    Industry optimistic about sales — No drought of cricket for colour TV manufacturers
    THE Indian television industry is not losing sleep over the D-Word. Despite the worst drought in 12 years, the colour television (CTV) market is expected to show robust growth and sell over six million sets in the ongoing financial ... More

    INDUSTRY ASSOCIATIONS


    FKCCI team for Lanka
    BANGALORE: The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has organised a trade delegation visit to Sri Lanka between August 10 and 15. The delegation will call on the Sri Lankan Prime Minister, Mr Ranil ... More

    READYMADE GARMENTS


    Hopes of turnaround seen in readymade garment exports
    Official sources citing figures furnished by the Apparel Export Promotion Council told Business Line that exports of readymade garments to quota restricted countries during April-July amounted to 376.6 million pieces valued at $1393 million, r eflecting an increase of 8.66 per cent in terms of volume and 10.58 per cent in terms of value as compared to the corresponding months of 2001. More

    TEXTILE MACHINERY


    TUFS extended to second-hand imported knitting machines
    THE Inter-Ministerial Steering Committee (IMSC) for the Technology Upgradation Fund Scheme (TUFS) has allowed coverage of second-hand imported circular knitting machine under the TUFS funding. IMSC, at its latest meeting held on July 5, fixed ... More

    WTO


    India files request on maritime under GATS
    INDIA has submitted its "initial request" on maritime services to specific countries under the ongoing mandated negotiations of the General Agreement on Trade in Services (GATS). Confirming this move, a senior Department of Commerce official ... More

    SOCIAL WELFARE


    Charity work takes a green hue
    HE is, perhaps, the first among equals when it comes to Chennai's messiahs of the downtrodden, orphans and destitutes. Tamil Nadu, and particularly Chennai, is no stranger both to Mr Vidyakar and the social welfare organisation that he is ... More

    RURAL DEVELOPMENT


    Report on tribals displaced by Sardar Sarovar dam — `Govt must suitably rehabilitate victims'
    AN independent panel consisting of the former Chairperson of the National Commission for Women, Dr V. Mohini Giri, the former Chief of Naval Staff, Mr Vishnu Bhagwat, Supreme Court Advocate, Mr R. Venkatramani, and law researcher, Ms Usha ... More

    EVENTS


    HR summit to feature experts
    THE All India Management Association (AIMA) in collaboration with ONGC Ltd is holding its first human resource management (HRM) summit in Delhi on August 23 and 24. With the theme `Winning the strategic war for talent,' the summit is aimed at ... More

  • Chennai Engagements

    EXPORTS & IMPORTS


    Handicraft exports post 17-fold rise
    EXPORT of handicrafts has touched an all-time high of Rs 6,769.5 crore in 2001-02, a 17-fold increase from Rs 387 crore in 1986-87 when the Export Promotion Council for Handicrafts (EPCH) was set up. Inaugurating the EPCH House, the new ... More

    TOURISM


    Plan to brand Maharashtra as tourist destination
    AS a destination Mumbai, stands tall, especially compared to any Indian metro. By sheer size and variety the city offers visitors myriad experiences and options in almost all activities whether it is shopping, cuisine, entertainment, heritage or ... More
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  • Top Stories
    Indigo is Tata Engg's brand for sedan slot — New car to be `competitively priced'


    No investment limits on new tax-free bonds

    Rice export price may be increased further

    Hopes of turnaround seen in readymade garment exports

    CEO salaries outstrip growth of profits

    FII inflow down 80 pc so far this fiscal

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Jul. 28-Aug. 3
    Consumer durables growth at faster clip: Ascon study

    Professional education expanding by semester

    Under-invoicing in soyabean oil imports

    `Labour costs eroding India's edge in textile sector: Study

    Deadline for I-T returns extended till August 9

    HDFC among 46 FDI proposals cleared

    Weak monsoon may hit FMCG cos

    Tax collections rein in Q1 fiscal deficit to 29.2 pc

    Drought situation `alarming'

    Tax-free bonds look appetising

    Low-cost bank loan scheme for engg students on cards

    US hospitals scouting for Indian nurses


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