The Hindu Business Line : Tuesday, September 10, 2002

Dumping probe into plastic lens imports
THE designated authority in the Commerce Ministry has initiated anti-dumping investigations on alleged dumping of plastic ophthalmic lenses from China and Taiwan. The petition seeking anti-dumping probe on imports of plastic ophthalmic lenses ... More

ECONOMY

As China booms and preys, Hong Kong rues lost business
FROM the 26th floor office of the Indian Consulate in Hong Kong that overlooks the Kwai Chung harbour one can feel the pulse of this erstwhile British colony. Why, one can even count it. For if one gazes right through the day, one might see ... More

Focus on Jamshedpur: There's potential to grow
Two years ago, the mood was upbeat in Jamshedpur, which was all set to emerge as the industrial capital of the soon-to-be-formed state of Jharkhand. The unbridled hopes and aspirations of industry, however, could not be met by the State ... More

Mis-governance: India's bane
TO even a casual student of politics, what strikes as India's No.1 problem is absence of good governance. The Common Minimum Programme of the non-homogenous NDA has practically faded into insignificance. The BJP as the major constituent unit of ... More

CMs' meet on fund allocation next month
THE Ministry of Finance will convene a meeting of Chief Ministers next month, to discuss Central assistance to States for fiscal management, the Union Minister of State for Finance, Mr Gingee Ramachandran, said here on Monday. At a press ... More

`Credit offtake surge augurs well for economy'
THE recent surge in credit offtake indicates a very strong possibility of economic revival in the immediate future. The soft interest rate regime and greater disbursement to the housing and personal loan segments have been fuelling the growth ... More

HEALTH

Dabur launches `Thalix' — To highlight adverse effects
AGAINST the backdrop of a global controversy over Thalidomide and expectant mothers, Dabur India's pharma division on Monday launched Thalix, its brand of Thalidomide - a new drug formulation used in the treatment of a type of blood cancer ... More

`Doctors need to acquire business skills'
The compulsions of new corporate trend in hospitals could put pressure on physicians to come to terms with aspects of marketing, finance, economics, operation and accounting among others. More

Karnataka Govt to post doctors to PHCs
BANGALORE: The Government would ensure that doctors are posted to all the primary health centres (PHCs) in the State within the next six months. The PHCs would be provided with a telephone, a microscope and a technician and certain ... More

INFRASTRUCTURE

`Govt priority is timely completion of projects'
THE Minister of State for Statistics & Programme Implementation and the Prime Minister's Office (PMO), Mr Vijay Goel, has announced that timely completion of projects would be the top-most priority of the Government. Responsibility and ... More

Sidco plans hi-tech industrial park
KERALA Small Industries Development Corporation (Sidco) proposes to set up a high-tech industrial park on the vacant land it owns adjacent to the Sidco Raw Material Buildings at Gandhi Nagar in Kochi. Estimated to cost Rs 27 crore, the project ... More

POWER

EMC small hydel report ready
THE Energy Management Centre, Thiruvananthapuram, which has been entrusted with the consultancy of the Barapole Small Hydel Project by Travancore Cochin Chemicals Ltd (TCC), has completed the rapid environmental impact assessment study for the ... More

Power for all by 2012: Geete
THE Ministry of Power is determined to ensure "power for all" by 2012 through an integrated approach to tackle the power shortage in the country. This was stated by the Union Minister for Power, Mr Anant G. Geete, in his inaugural address to Lux ... More

Transco tariff incentives for conservation
THE Transmission Corporation of Andhra Pradesh Ltd (Transco) has taken up a massive awareness programme on conservation of energy in agriculture with focus on demand side management (DSM). As part of the programme, Transco has offered tariff ... More

STEEL

Online steel trading gaining ground
IN what could be termed as an ideal combination of the old and new economy moving ahead together, steel trading through the Internet is increasingly gaining ground in India. According to industry estimates, close to 50,000 tonnes of steel is ... More

TAXATION

Corporate tax collections up 45%
CORPORATION tax collections in the first five months of the current year have amounted to Rs 3,911 crore, which is 45 per cent higher than the Rs 2,688 crore achieved in the same period last year. Disclosing these figures at a press conference ... More

TN tax collections better national growth rate
GROWTH of both direct and indirect tax collections in Tamil Nadu has bettered national growth rates, numbers disclosed by the Ministry of Finance indicate. In the first five months of the current year, direct tax collections in Tamil Nadu rose ... More

Kerala Govt to allow sales tax payments thru banks
THE Kerala Government will soon allow payment of sales tax by the traders through banks. This has been designed to do away with the delay in the cheques remitted by the traders in the sales tax offices being realised by the Exchequer, the ... More

Entry tax norms modified in AP
Following representations by the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) and other trade bodies, the Andhra Pradesh Government has decided to bring in an advance way bill system covering maida, atta, rava, timber ... More

TYRES

Industry to press for ban on used tyre imports
FACED with a scenario of India becoming a `dumping ground' for the stockpile of millions of `used tyres' that the developed countries want to get rid off, the domestic tyre industry is set to once again step up pressure on the Central Government ... More

WATER MANAGEMENT

Troubled waters
V AND W come close to each other in the alphabet, and naturally, half the Government's effort is devoted to each — Veerappan on the one hand, and water on the other. Water is supposed to quench fires, revive the dehydrated and generally ... More

EDUCATION

More students seeking UK visas
IF serpentine queues of those wanting to apply for a passport are a regular feature at the Shastri Bhavan on Haddows Road, the British Deputy High Commission's office, on a road just opposite the Shastri Bhavan, has been attracting larger than ... More

REAL ESTATE & CONSTRUCTION

More than steel — houses for all
Tata Steel, the flagship company of the Tata group, has a developed model steel houses, which it proposes to use as demonstration for rural housing. These all-steel houses have been put up in a village 15 km from Jamshedpur and will cost Rs 260 ... More

INDUSTRY ASSOCIATIONS

Assocham signs MoU with Sharjah chamber
THE Associated Chambers of Commerce and Industry (Assocham) has signed a memorandum of understanding with the Sharjah Chamber of Commerce and Industry (SCCI), in a bid to boost the flow of information between the two chambers and promote ... More

DISINVESTMENT

AITUC hits out at `hasty' steps to privatise Salem Steel Plant
EVEN as the Union Government is still groping for an amicable political solution to the disinvestment imbroglio over the strategic sale of HPCL and BPCL, yet another controversy is being raked up over the proposed privatisation of Salem Steel ... More

Jaitley for divestment in profit-making PSUs too
Mr Jaitley said a large number of public sector units that had been making profits in a protective economic regime might not be able to do so in a truly open and competitive economic environment. More

Preference for staff-led bids in MOIL sell-off
THE Ministry of Disinvestment (MoD) is considering a proposal to allow employee-led bids to enjoy preference over other bids for the proposed privatisation of Manganese Ore (India) Ltd (MOIL). According to officials, in case the employee-led ... More

Post-sell off, MOIL will still have 3 Govt directors
THE pattern of shareholding in Manganese Ore (India) Ltd (MOIL), a disinvestment candidate, is such that for the prospective owner of controlling stake the presence of at least three Government nominees on the board of the company will be a ... More

Iran co to exit MFL during strategic sale
Bidders had raised concern over the special rights enjoyed by NIOCL since this would work against the strategic investor in MFL, thereby dampening interest in pursuing a stake. More

INDUSTRIAL POLICY

Karnataka decides to revamp industries centres
AS part of its efforts to downsize unwieldy and unproductive establishments, the Government has decided to abide by the recommendation of the Administrative Reforms Commission (ARC) with regard to abolishing the taluk industries centres ... More

EVENTS

CIDEX to conduct 14 fairs in '03
DESPITE a marginal loss in its maiden year of operation in India, CIDEX Trade Fairs, a German company set up in India to hold international trade fairs in India, has plans for the year ahead. Addressing a press conference here on Monday, Mr ... More

ENTERTAINMENT & LEISURE

Call to tap potential in entertainment
THE Union Minister for Information & Broadcasting, Ms Sushma Swaraj, has likened the potential of the entertainment sector to that of the information technology (IT) sector. Stating this during an interface with members of the Confederation of ... More

INCOME TAX

I-T refunds to be expedited
THE Government has made arrangements to expedite income-tax refunds, Mr Gingee N. Ramachandran said on Monday. "Shortage of refund vouchers, due to short supply from Government security press, resulted in delay of refunds," he said. However, ... More

TOURISM

Singapore hopes to woo Indian tourists
SINGAPORE, which attracted 3.4 lakh visitors from India last year, hopes to record an eight per cent growth in tourist traffic out of the country this year, according to Mr Vimal Harnal, Regional Director, South & West Asia, Singapore Tourism ... More

Hotel groups eye island of birds
ATTEMPTS by major hotel groups to construct star hotels in the Pathiramanal island on Vembanad Lake has been attracting criticism of late. The virgin island, renowned for its birds and unfading charm, is one of the rare tourist destinations ... More

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Mirror site helps breach Chinese firewall

Co-op banks in Gujarat — A crumbling edifice

Can Indian agriculture become globally competitive?

As China booms and preys, Hong Kong rues lost business

Corporate tax collections up 45%

Experiment in LAB unsuccessful

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 1-Sep. 7
Monsoon `catches up' in August — But deficit likely to remain

Fiscal sops for water schemes