Financial Daily from THE HINDU group of publications
Tuesday, September 17, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Dumping duty on POY imports from Turkey, South Korea
The companies that had expressed their willingness to participate in the investigations were Century Enka Ltd, Indo Rama Synthetics (I) Ltd and Reliance Industries Ltd. DCL Polyester and Recron Synthetics Ltd supported the petition. More

COURTS/LEGAL ISSUES


Eco damage: Rs 2 lakh fine on Coke, Pepsi
THE Supreme Court today slapped a fine of Rs 2 lakh each, as costs, on soft drink majors Coca-Cola India and Pepsi India for the damage caused by them by painting rocks in the Kullu region of Himachal Pradesh with their advertisements. Ten ... More

FERTILISERS


Secys to discuss urea pricing policy issue on Thursday
THE Group of Ministers (GoM), set up to formulate a long-term policy for pricing of urea, today decided to refer the issue of working out arrangements for ensuring satisfactory availability of feedstock to urea units to a Group of Secretaries ... More

HEALTH


Beware, gall-bladder stone points to cancer
IT may not grab the attention of health authorities in the way that AIDS, tuberculosis or cardiac problems do. But renal stones are one of the "commonest problems that Indians face" - thanks to a tropical climate and not-so-savoury eating ... More

  • Nod for Govt proposal

    HOTELS


    40 pc drop in tourist arrivals — `New packages key to promote South'
    THE hospitality industry, especially the five-star segment, is going through a period of flux. The focus of the industry is shifting from the premium leisure market in the West to the new emerging markets of Oceania, SAARC countries and the top ... More

    INFRASTRUCTURE


  • SILK to construct rubber dam

    POWER


    AP Govt gearing to tide over deepening power crisis
    FOLLOWING scattered rainfall due to deficient south-west monsoon in Andhra Pradesh and increased use of power for farm sector operations, the State administration is grappling with the situation of lower hydel power generation and the negative ... More

    SSI


    Small units' concern over NPA ordinance
    LAGHU Udyog Bharati has expressed reservations about the implementation of the Ordinance for Debt Recovery issued by the Union Government. Dr S.S. Aggarwal, National President, Laghu Udyog Bharati, said that the Securitisation and ... More

    EDUCATION


    Visveswariah Tech varsity signs pact with Microsoft
    THE Visveswariah Technological University (VTU) today announced a MoU with Microsoft under its academic developer program. VTU becomes the first university in the country to sign such an agreement. Microsoft will provide software and training ... More

  • Irish education fair in Oct

    LEATHER


    TN tanneries keen on tech to curb pollution
    TANNERIES in the State are willing to invest on any proven technology that can bring down the total dissolved solids (TDS) in treated effluents to below permissible limits, according to the Chairman of the Indian Finished Leather Manufacturers ... More

    INDUSTRY ASSOCIATIONS


    Assocham post: Madras chamber to forsake right
    THE Madras Chamber of Commerce, a promoter chamber of the Associated Chambers of Commerce and Industry of India (Assocham), has forsaken its right to nominate an Alternate President for Assocham for the ensuing year. It has been a tradition ... More

    BIO-TECH & GENETICS


    Biotech parks planned in AP
    LEADING science and biotech parks in the United Kingdom (UK) have expressed interest in collaborating with Indian partners for setting up a biotech park in Andhra Pradesh. In a statement, the Confederation of Indian Industry (CII) has said that ... More

    DISINVESTMENT


    Dhindsa against sell-off in profit-making PSUs
    THE Minister for Chemicals and Fertilisers, Mr S.S. Dhindsa, today reiterated his opposition to the disinvestment of National Fertilisers Ltd (NFL). Speaking on the sidelines of the pre-event briefing of India-Chem 2002 here today, Mr Dhindsa ... More

    Plagued by disinvestment blues...: M-Cap of PSUs suffers heavy erosion
    THE uncertainty revolving around the fate of the disinvestment process has shrunk the market value of PSU stocks by close to Rs 14,000 crore in the last two weeks. The market capitalisation of the BL PSU index stocks has fallen from Rs ... More

    Hindalco, Sterlite express interest in Nalco
    THE A.V. Birla group company, Hindalco, and Sterlite Industries Ltd are among more than six companies to have filed their expressions of interest for acquiring a controlling stake of 29.15 per cent in state-owned National Aluminium Company ... More

    KPMG advisor for sell-off of Punjab Tractors
    THE Punjab Government has appointed KPMG, the consulting firm, as advisor for disinvestment of the State Government's equity in Punjab Tractors Ltd (PTL), the second largest tractor company in the country. According to a top official of the ... More

    FOREIGN DIRECT INVESTMENT


    FDI in retailing: India as a supermarket
    EVEN 50 years after Independence, policy-makers continue to be xenophobic. Fears of foreign imperialism have not yet receded and continue to be a barrier for the entry of foreign enterprises. Since 1991, a number of breakthroughs were made in ... More

    TRADE & LABOUR UNIONS


    BSNL staff plan stir against divestment
    THE Co-ordination Committee of BSNL Employees Unions has threatened to launch an agitation to protest against the proposed disinvestment of the Government equity in Bharat Sanchar Nigam Ltd (BSNL). To begin with, about three lakh employees of ... More

    EVENTS


  • Hyderabad Engagemnets

    SPORTS


    Horse-riding kit cos bag orders at German fair
    FOUR Indian horse-riding equipment manufacturing companies have bagged orders, including serious enquiries, in excess of Rs 10 crore, at the recently concluded international horse riding product show in Germany. All the four companies ... More
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  • Top Stories
    India Cements in talks with lenders for debt recast


    Dhindsa against sell-off in profit-making PSUs

    `Politics is not a nice profession to be in'

    Another aspirant awaits FMC nod for tea futures

    US venture shortly — LIC finds slight dip in policies sale

    No RBI approval needed for prepaying ECBs up to $100 m

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 8-Sep. 14
    Cement majors flout jute order

    Why disinvestments must go on

    As China booms and preys, Hong Kong rues lost business

    Corporate tax collections up 45%

    Implications of 100 pc FDI in oil sector

    Industrial growth 6.4 pc in July — CSO data point to revival trend

    Productivity-linked reward scheme — Port, dock workers to press for flat 20 pc payment

    Textile, plantation sectors drag export growth — Modest growth in gem, jewellery, petro goods

    Insulin prices hiked; TB drugs to cost less


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