Financial Daily from THE HINDU group of publications
Thursday, September 05, 2002
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INDUSTRY & ECONOMY

INVESTMENTS


25 is `right age' to plan for retirement
YOUNG and upwardly mobile urban Indians seem to have learnt the right lessons from the timeless tale of the ant and the grasshopper. `Secure your future and start early' is the name of the game. There seems to be a heightened awareness among ... More

AUTOMOBILES


`Indian auto market on road to maturity'
THE Indian automotive market is maturing and this is evident from several recent developments, including the launch of many indigenously developed vehicles, marking a new high for the `Made in India' brand, the Minister for Heavy Industries and ... More

ECONOMY


Plan panel to meet on Oct 5
A FULL meeting of the Planning Commission is being proposed to be held here on October 5, to approve the draft Tenth Five Year (2002-07) Plan document. Disclosing this here today during an exchange of views on developmental planning with the ... More

Centre refuses aid for Dasara
BANGALORE: The Centre has refused financial help to Karnataka for the Dasara celebrations to be held in Mysore between October 7 and 15. Stating this, Minister-in-charge of Mysore District, Mr H. Vishwanath, said that the Centre had ... More

FOREIGN TRADE


Lanka plans to showcase niche products
THE Sri Lankan Export Development Board is planning to set up a pavilion to showcase some of the country's products to create a greater visibility of these products in India. Mr R. Sivaratnam, Chairman, Sri Lankan Export Development Board, said ... More

POWER


Kerala power tariff hike goes
Mr Antony said that the very people who were responsible for the sorry state of affairs in KSEB had also been agitating against the tariff hike. More

`Small hydel projects can ease crisis'
KERALA'S power crisis could be eased to a great extent if the hydel potentials are fully tapped along with developing an energy conservation culture in the State. If the State's river resources are fully exploited the way such natural resources ... More

TAXATION


12-member task force on indirect taxes
THE Government today constituted a 12-member Task Force for Indirect Taxes, headed by Dr Vijay Kelkar, Advisor to the Finance Minister. Dr Ashok Lahiri , who will shortly be taking charge as the Chief Economic Advisor, will be a member on the ... More

TEXTILES


Review meet today to expedite turnaround plan for NTC mills
Official sources said the review meeting to be chaired by the Secretary, Textiles, Mr S.B. Mohapatra, would basically attempt to obtain inputs for expediting the turnaround strategy for the NTC mills. More

WATER MANAGEMENT


Kerala has no excess water to share: Jacob
KERALA does not have excess river water at its disposal for sharing with any of its neighbouring States, according to Mr T.M. Jacob, the State Minister for Water Resources. As such, Kerala neither plans to share nor part with in any other ... More

PERSONAL PRODUCTS


Making CRM work
Customer relationship management. It's a tool that's being employed by almost every FMCG company. But is it structured enough? And, more importantly, is it delivering the right results? Catalyst finds out. More

EDUCATION


Takshila plans school project in Pune
TAKSHILA Education Society (TES), a franchisee of the Delhi Public School, on Wednesday announced a Rs 18-crore school project in Pune city to be operational from the next academic year. Talking to reporters here, Mr Sanjiv Kumar, Pro-Vice- ... More

SISI bioinformatics course in 2 more centres
CONSIDERING the demand for bioinformatics professionals, the Small Industries Service Institute (SISI), Chennai has decided to step in by offering a Post-Graduate Diploma in bioinformatics. The course is set to commence from September 16 at its ... More

JNTU pact with US varsity
HYDERABAD: The Jackson State University, Mississippi, USA has signed a memorandum of understanding (MoU) with the Jawaharlal Nehru Technological University (JNTU), Hyderabad to initiate collaborative graduate and undergraduate ... More

REAL ESTATE & CONSTRUCTION


Realtors seek clear norms to lure FDI
REAL Estate developers and property consultants have asked the Government to consider rationalisation of investment norms in the real estate sector to attract foreign investors. Nearly eight months after the Government's decision to allow 100 per ... More

PAPER, BOARD & NEWSPRINT


IPMA member-mills plan to raise capacity
CONSIDERING that the recovery cycle of the domestic paper industry will be sustained over a longer period than usual, at least half a dozen large paper mills are actively considering expanding their existing production capacities. This sentiment ... More

INDUSTRY ASSOCIATIONS


Reform postal sector, says FICCI
The proposed Communications Commission should be the regulator to license the corporatised postal services and couriers, monitor the performance of the licensees, set tariffs and protect consumer interest, FICCI said. More

DISINVESTMENT


Govt yet to identify buyers for KS&DL
DESPITE the State Government announcing the privatisation of the 80-year-old Karnataka Soaps and Detergents Ltd (KS&DL), it has not identified any buyers yet, according to Mr P.K. Shanbhag, Technical Director, KS&DL. "There are seven or eight ... More

SMALL SAVINGS


Jaswant, Labour Minister to meet on EPF rate cut
THE Finance Minister, Mr Jaswant Singh, will be meeting the Labour Minister, Dr Sahib Singh Verma, to break the deadlock over the issue of reduction in the interest rate on Employees Provident Fund (EPF) deposits. "The meeting will take place ... More

HUMAN RESOURCES


Career counselling programme
COIMBATORE: Small Industries Service Institute (SISI) Coimbatore is organising a `free career counselling and guidance programme' for students from upwards of class X for three days from September 5. A team of psychologists and ... More

  • Grasim official elected INSSAN chief

    EVENTS


    13 countries to take part in Mumbai fair
    THIRTEEN countries will be participating in the World Free Trade Zones Expo 2002 to be held at the World Trade Centre, Mumbai, between September 30 and October 2. According to a press release, the UAE (Dubai, Sharjah, Ajman, Fujairah), Iran, ... More

    Kolkata to host three-day meet on managerial skills
    THE need for change in managerial techniques in tune with changes in the world of business, the need for companies to re-examine their business portfolios and the need to focus on work forces that will reshape the future are among the issues that ... More

    Gynaecology congress
    BANGALORE: The XVII Asian and Oceanic Congress of Obstetrics and Gynaecology (AOCOG) will be held in Bangalore between September 5 and 10. The Bangalore Society of Obstetrics and Gynaecology will host the event that has returned to ... More

  • Hyderabad Engagements

    SOCIETY & DEVELOPMENT


    Coca-Cola initiative for rural schools
    IN a novel initiative, Coca-Cola India and the Naandi Foundation, a Trust with leading corporates and institutes, have joined hands to improve the quality of learning in select rural schools in Andhra Pradesh. The social project, to be taken up ... More

    EXPORTS & IMPORTS


    Traditional goods drive exports up 21%
    THE double-digit 21 per cent export growth in the inaugural month of the current fiscal was driven largely the country's traditional items such as gems and jewellery, plantation, chemical and related products, engineering goods and ... More

    ALTERNATIVE MEDICINES


    `Tap export potential of herbal medicines'
    A LOT of potential for the export of herbal medicines exists as the current global demand for them is worth Rs 51,000 crore , Mr V. Sobhanadreeswara Rao, Minister for Agriculture, said here on Wednesday. The Minister who was the chief guest at ... More

    STANDARDS & BENCHMARKS


    EU ban on chloramphenicol residue — Exporters up the ante on seafood standards
    IN a recent move, Europe said any container of seafood found testing positive for chloramphenicol, the banned drug residue, will be destroyed completely. With each container of seafood valued around Rs 1 crore, this move could effectively ... More
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  • Top Stories
    Realtors seek clear norms to lure FDI


    EU ban on chloramphenicol residue — Exporters up the ante on seafood standards

    BPO market is smaller than projected: Gartner

    25 is `right age' to plan for retirement

    Jaswant, Labour Minister to meet on EPF rate cut

    Traditional goods drive exports up 21%

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Aug. 25-Aug. 31
    `Monsoon failure not a cause for panic'

    Debt swaps may be restricted to loans against small savings

    Move for FDI in elementary education comes under fire

    MPs seek review of fresh investment plans of KIOCL

    Firms, Govt depts allowed to outsource non-core work

    No time respite for FM players on licence fee

    Power Trading Corpn to handle Bhutan power

    RBI annual report 2001-2002 — Economic climate may force RBI to change stance


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