Financial Daily from THE HINDU group of publications
Tuesday, August 27, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Dumping probe on methylene chloride imports
THE designated authority in the Commerce Ministry has initiated anti-dumping investigations on imports of methylene chloride from the European Union, Singapore and South Africa. Industry sources said that Gujarat Alkalies and Chemicals Ltd had ... More

COURTS/LEGAL ISSUES


Disposal of pending cases — AP to have 86 fast-track courts
The State Government had already sanctioned 46 FTCs in the initial phase, of which 43 would be of the cadre of District and Sessions Judges and the rest in the cadre of Senior Civil Judges. More

Pay them well, listing guidelines, DCA
MANAGERIAL remuneration payable by companies having no profits or inadequate profits is discussed in Schedule XIII, part II, section II. It lays down the limits to what a company may pay as remuneration to a managerial person by way of salary, ... More

ECONOMY


TN Govt job exchanges look to pvt sector for placements
THE State Government employment exchanges are increasingly looking to the private sector to provide employment to the qualified candidates registered with them. The Directorate of Employment and Training in Tamil Nadu will soon launch an ... More

VITC plans fund to build Karnataka brand equity
VISHWESHWARIAH Industrial and Trade Centre (VITC), the export promotion arm of the State Government, has proposed a Karnataka Brand Equity Fund (BEF) with a corpus of Rs 1 crore and a Market Research Fund with a corpus of Rs 1 crore per annum. ... More

INFRASTRUCTURE


Govt mulls LNG terminal thru BOT
Over-dependence on hydel projects has proved to be disastrous. The failure of the South-West monsoon has now compelled KSEB to reduce the power generation from 18 million units to around 15 million units. More

PSU


MPs seek review of fresh investment plans of KIOCL
The Finance and Steel Ministries are not fully agreed on the fresh investment plans of KISCO. While the Steel Ministry has supported the plan for investment of nearly Rs 100 crore on the proposed DI pipes unit by KISCO, the Finance Ministry, sources point out, has not fully favoured such investments. More

POWER


Power rates hike inevitable: Sivadasan
THE State Electricity Minister, Mr Kadavoor Sivadasan, has reiterated his viewpoint that a power tariff hike is inevitable and no sector, least of all industries, can hope to spare itself from the raise in charges. The Cabinet of the Council of ... More

APTransco plans unified load despatch project
AIMED at efficient management of power systems and ensuring uninterrupted and quality supply to consumers, the Transmission Corporation of Andhra Pradesh Ltd (APTransco) is set to launch the unified load despatch and communication (ULDC) project ... More

EDUCATION


Continual schooling for CAs soon
CONTINUING professional education will become mandatory for the members of the Institute of Chartered Accountants of India (ICAI) from January 1, 2003, according to its President, Mr Ashok Chandak. He was delivering the keynote address at the ... More

Educative programme for pre-school kids
THREE Bangalore schools will implement FasTracKids, a programme aimed at enriching the knowledge of pre-school children from the age of four. The 12-month 96-hour programme is developed by international educationist, Dr Johann DeBeer, who is ... More

REAL ESTATE & CONSTRUCTION


  • Kerala: Welfare boards' merger opposed

    PAPER, BOARD & NEWSPRINT


    Print media awaits clear norms for FDI
    THE print media is looking for an early announcement of the policy framework providing clear guidelines for foreign direct investment (FDI) in the sector. At a panel discussion organised by the Confederation of Indian Industry (CII), Mr Chandan ... More

    INDUSTRY ASSOCIATIONS


    TN rice millers want compounding tax scrapped
    THE Madurai District Rice Mill Owners' Association has expressed concern over the "farcical" replacement of sales tax with compounding tax. In a statement issued here, the President of the association, Mr K. Vasanthavel, said that though the ... More

    FICCI, Korean body to set up panel on IT
    THE Federation of Indian Chambers of Commerce and Industry (FICCI) and the Korean Chambers of Commerce and Industry (KCCI) have decided to set up a special committee on information technology to look into synergies in the IT sector. This was ... More

  • German rep for IMTMA institute

    DISINVESTMENT


    Salem Steel staff seek melting facility
    THE Tamil Nadu Government should facilitate establishment of a steel melting facility at the Salem Steel Plant to enhance the viability of the unit and avoid the proposed privatisation of the Steel Authority of India Ltd (SAIL) unit, according to ... More

    CM stresses effective delivery of services
    IN Hyderabad it costs Rs 400 to lift a tonne of garbage, post-privatisation of some of the services of the Municipal Corporation of Hyderabad (MCH). To remove the same quantity would cost Rs 800 in Tamil Nadu, while in the national Capital, ... More

    RURAL DEVELOPMENT


  • Rs 3,173 cr released to N-E region

    TRADE & LABOUR UNIONS


  • Protest against `anti-labour' policies

    EVENTS


  • Hyderabad Engagements
  • A meet to rival GIM
  • Bangalore Engagements

    EXPORTS & IMPORTS


    Edible oils cause big bulge in import bill
    EVEN as the first quarter import growth in the current fiscal registered a modest 3.17 per cent increase, import of 300 sensitive tariff lines being monitored in the aftermath of the removal of import curbs by the Directorate-General of Foreign ... More

    Silk exports likely to exceed target by 10 pc
    A MARGINAL improvement in demand is expected to help India's silk exports to surpass the earlier fixed target of $450 million by 10 per cent. The export target was pegged lower on account of the sluggish demand trend globally. However, the ... More

    NATURAL CALAMITIES


    Teams to visit States for drought assessment
    THE Centre is sending teams to States from Tuesday to make a ground-level assessment of the current drought situation and reconcile this with the assistance claims sought by individual States. Briefing newspersons here today, the Special ... More

    ALTERNATIVE MEDICINES


  • Meet on medicinal plants

    PEOPLE


    Kelkar takes over as advisor to Jaswant
    NOTED economist Dr Vijay Kelkar today took charge as Advisor to Finance Minister, Mr Jaswant Singh, in the rank of Minister of State, an official announcement said. Dr Kelkar, who has held various positions in the government and multilateral ... More
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    Top Stories
    HPCL to invest Rs 32 cr in 3 storage tanks in South


    Dr Reddy's in healthy frame — To tap US market with branded formulations

    Govt to go slow in opening up farm commodity trade

    MPs seek review of fresh investment plans of KIOCL

    Licence fee, courseware cost hike — NIIT franchisees `on the verge of closure'

    Insurance industry in crisis: IRDA chief

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Aug. 18-Aug. 24
    Exit price for delisting — Reverse book-building route prone to manipulation: CII

    Change in States' attitude augurs well for PSU divestment: Shourie

    Tractor sales down 13.6 pc

    Tea cos cheer `welcome aberration'

    Tenth Plan to ease private funding of minerals sector

    Banks reject tax challans sans PAN

    'Raw sugar imports to replenish stocks' — Part of cost-effective operations, says Sakthi Sugars CMD

    Nasscom sees pricing pressure bottoming out

    Car makers freed from export obligation

    Petro-product sales show positive growth in July

    Garment exporters decry hefty transaction cost


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