The Hindu Business Line : Sunday, September 22, 2002

Zooming ahead with variants
VARIANTS are the flavour of the day. They catch the customer's fleeting fancy until a newer version or a competitor's `copy-cat' beguiles him. Pampered car buyers of today have never had it so good, with manufacturers wooing them with an array ... More

ECONOMY

NCAER concern over cost of high forex reserves
THE National Council of Applied Economic Research (NCAER) has urged the authorities to tackle the cost of keeping the foreign exchange reserves at `high' levels through tight monetary policy, which has resulted in lower economic growth. In its ... More

Change on the horizon
Two painters climb up a huge billboard to paint a new corporate advertisement near an industrial area in Kolkata. Perhaps after a very long time there is at last a glimmer of hope in the industrial scenario of West Bengal. The State had become ... More

PETROLEUM

ONGC set to export naphtha this month
OIL and Natural Gas Corporation Ltd (ONGC) plans to export a 25,000 tonne naphtha consignment on September 25. This is the second naphtha export during the current fiscal, company officials said. The company had earlier exported 23,000 tonnes ... More

POWER

BSES plans to invest Rs 1,800 cr in Saphale — To obtain gas from ONGC, Reliance
BSES Ltd expects an investment of about Rs 1,800 crore to Rs 2,000 crore in its proposed Saphale power project near Mumbai, Mr S.S. Dua, Acting Chairman and Managing Director, BSES Ltd, said here today. "We plan to increase Saphale's phase-I ... More

RADIO/TV

CNBC takes off Hinduja share quotes
MUMBAI: CNBC India has said it had withdrawn the share quotes of Hinduja group companies as well as the advertising spots of Gulf Oil from the channel, in protest against Incablenet `blacking out' the channel. According to a CNBC India ... More

SCIENCE & TECHNOLOGY

CII Kerala, SIDBI study mission
KOCHI: The Confederation of Indian Industry (CII) Kerala, in association with the Small Industries Development Bank (SIDBI), is organising a study mission to the Sophisticated Test and Instrumentation Centre (STIC) at Cochin University ... More

DISINVESTMENT

Govt to hive off maritime institute before SCI sale
THE Union Government has decided to demerge the Maritime Training Institute (MTI) run by the Shipping Corporation of India (SCI) before privatising the state-owned line and plans to convert it into a full-fledged maritime university, a senior ... More

Uma Bharti for debate on divestment, FDI
THE Union Minister for Coal and Mines, Ms Uma Bharti, has called for a thorough debate on the issues of disinvestment and foreign direct investment (FDI) and has said that decisions pertaining to disinvestment of public sector units and FDI into ... More

DCI low priority area for privatisation, says Pinto
ALL those who have been trading in the thin floating stock of the State-run dredging major, Dredging Corporation of India (DCI), anticipating a Government-decision on privatisation of the company, could be in for disappointment. The Secretary, ... More

IPR

`Poor enforcement of IPR law costs Govt Rs 10,000 cr'
THE failure to enforce laws on intellectual property rights (IPRs) has taken a heavy toll on Government revenues, with the Government foregoing tax revenues of over Rs 10,000 crore annually due to the proliferation of counterfeit consumer ... More

EVENTS

`India emerging sourcing base for agro-chemicals'
INDIA, along with China, is emerging as a very attractive sourcing base for agro-chemical products due to the low cost of its products, ample production capacity, technical competency plus ability to deliver international standard quality. ... More

INCOME TAX

Rebates: Avenues to reduce tax
The UGC revised the pay for college teachers with retrospective effect from 1996. Kerala, however, due to the stringency of funds did not pay the arrears but transferred the same to the credit of the PF account. There is a substantial ... More

Tax payments without PAN/TAN
Banks will accept tax challans even if they come without the Permanent Account Number (PAN) or the Tax-deduction Account Number (TAN). But the tax-payer must furnish a copy of the application made for PAN/TAN or give in writing that he has ... More

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Pick a Winner Stock Market Contest

Govt to hive off maritime institute before SCI sale

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 15-Sep. 21
Jindal Strips `favoured' in race for Salem Steel Plant

Hank yarn transfer premiums still hot

No plan to privatise coal sector, says Minister

`India not geared for export industries' — Mr M. Arunachalam, Chairman, Indian Chamber of Commerce, Hong Kong

`Nasscom going all-out to crack down on piracy'

SEZs need sops for viability, says IDBI report

Dhindsa against sell-off in profit-making PSUs

Foodgrain exports set to cross 15-mt mark

`Task force report on chem sector will be implemented'

Golden Quadrilateral Phase-I to be completed next year

Cement, steel power core sector growth in April-Aug

How China is racing ahead in industry

A knee-jerk reaction, says CII chief