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Thursday, October 03, 2002

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INDUSTRY & ECONOMY

ECONOMY


Tenth Plan for 67 pc hike in public sector investment
IN a reversal of the distinctly deficient trends in public sector resources for funding the Plan, the Tenth Five-Year Plan (2002-07) proposes a massive 67 per cent hike in public sector investment over the Ninth Plan realisation in order to ... More

Cauvery row tells on road, rail revenues
"The situation is unprecedented. During the abduction of cine star Rajkumar in August 2000, there were no road blockades, only fall in traffic," he said . More

ENVIRONMENT


Brand pollution
Society will bear with commercial use of its utilities up to a point of time. When things seem to go a bit too far, it will aim to rein in the marketer in his outdoor conquests. More

Korean tech to manage plastic pollution
CONVERT plastics back into oil? Is this possible? Yes, according to Koen Tech Co Ltd of Korea. The company claims to have produced a machine that can produce fuel oils (gasoline, kerosene and diesel) from waste plastic and waste synthetic ... More

Maruti's check-up camps
HYDERABAD: Maruti Udyog Ltd (MUL) will hold vehicle check-up camps through the month of October at 34 locations in Hyderabad and Secunderabad, as part of its anti-pollution drive in the State. The company has targeted 6,000 vehicles ... More

FOREIGN TRADE


CII identifies 9 sectors to expand Indo-EU ties
THE Confederation of Indian Industry (CII) has identified nine sectors as potential areas for higher bilateral trade and investment flows between India and Europe. These sectors include advertising, biotechnology, entertainment, environmental ... More

HEALTH


Meet on safe motherhood
WITH one woman dying every five minutes in India due to pregnancy and childbirth, the need for safe motherhood was underlined here by officials of the White Ribbon Alliance for Safe Motherhood in India. To take the issue head-on, White Ribbon ... More

Aircel to create blood group database
WHILE blood donation camps were held across the country on Tuesday to mark Voluntary Blood Donation Day, Aircel Ltd launched an effort to drive the benefits of the act beyond just one day in the year. In English and Tamil ads in leading ... More

INFRASTRUCTURE


`Goshree' to be ready in a year
IF the current pace of progress in the Rs 39.37-crore Goshree project is maintained, it would be completed on schedule by October 2003 and thereby benefit those residing in the three islands in the Ernakulam backwaters. ``We have a weekly ... More

PSU


Clause 49 a damper on large PSUs with executive chairmen
THE Securities and Exchange Board of India's (SEBI) contention that a Government nominee on the board of a PSU cannot be considered as an independent director under Clause 49 of the Listing Agreement appears to have complicated matters for the ... More

PHARMACEUTICALS


Market not ripe for pharma ads
A country with a large illiterate population cannot really benefit from advertising for prescription-based drugs. Such advertising has to have adequate safeguards to prevent wrong use. More

POWER


Bengal to clamp down on power theft during puja
THIS will be a Durga Puja with a difference. Not so much for the ever-increasing threat of terrorist strikes on places of worship, but because of a new law that is making the organisers of the community pujas scurrying for cover. The ... More

Grid failure triggers demand for gensets
THERE is an increased demand for generators in the city from small and medium-size enterprises (SME). This follows the possibility of frequent power cuts in the coming days due to the extreme hot weather prevailing in the city and the State, ... More

L&T lowest bidder for UAE power project
LARSEN and Toubro is all set to bag a major 400kV overhead power transmission line contract in Fujairah Emirate in the UAE, following the announcement today by the UAE Offsets Group, UOG, that the Indian major was the lowest bidder for the ... More

Simhadri unit back in action
HYDERABAD: The first 500 MW unit of the Simhadri Thermal Power Project at Visakhapatnam of the National Thermal Power Corporation (NTPC), taken out for minor maintenance has been pressed into service and is operating at full load ... More

STEEL


Ferro alloy cos rue excess capacity, power costs
EXCESS capacity and high power tariff continue to assail the domestic ferro alloy industry, according to Mr S. Chakravortty, Chairman, Indian Ferro Alloy Producers' Association. Production of ferro alloy is expected to edge down marginally from ... More

TEXTILES


Garment units from Mumbai, Delhi shifting to Karnataka
KARNATAKA seems to be emerging as a preferred destination for garment manufacturers and exporters of Mumbai and Delhi. The supportive policies of the State Government, coupled with cheaper costs, peaceful industrial relations and ideal ... More

Textile unions may take wage issue to Apex Court
MAJOR textile workers unions, upset over the rejection by the Madras High Court of the State Government order on payment of interim relief, are likely to contest the verdict in Supreme Court. The unions constituting the joint action committee ... More

Upswing in cotton textile fortunes seen
AFTER a period of negative returns, some signs of recovery are visible for the cotton textile industry. Trends in the international trade have changed for the better over the past six months, as India's exports are moving up even while textile ... More

SSI


SISI compendium of project profiles
HYDERABAD: Small Industries Service Institute (SISI), a Central Government institute has brought out a compendium in three volumes of project profiles of products, business and service activities for the entrepreneurs. The compendium ... More

SSI workshop on export competitiveness
THE Federation of Andhra Pradesh Small Industries Associations - SSI Centre is organising a workshop on export competitiveness of food processing industry with focus on rice and poultry sectors for two days from October 5. The workshop will ... More

WATER MANAGEMENT


Cauvery panel to submit report to SC today
THE Cauvery Monitoring Committee concluded its two-day visit covering the delta districts in Tamil Nadu and will submit its report to the Supreme Court on Thursday, according to Mr A.K. Goswami, Union Water Resources Secretary, who led the ... More

COAL


Coal PSUs may use fly ash for back-filling in mines — Study advocates tech for hydraulic stowing
FOLLOWING the notification issued by the Centre to prevent dumping and disposal of fly ash discharged from coal/lignite-based thermal power stations, the state-owned coal companies are poised to take a fresh initiative to utilise fly ash for ... More

RADIO/TV


Greens change colour
While they began as conventional green channels, both Discovery and National Geographic have been broadbasing content beyond wildlife and nature. But is the strategy paying off? Catalyst finds out. More

EDUCATION


Bid to rekindle interest in maths
THERE is nothing quite so paradoxically charming as well as scary, as a mass of equations on the blackboard. Like the sex appeal of an unattainable film star, the intellectual allure of mathematics keeps one always in attempt to conquer, but ... More

REAL ESTATE & CONSTRUCTION


Progress must be unhindered, says Minister
WHAT is just for development of the State in different sectors should be not only well defined but also scrupulously implemented by all concerned - ministers and officials who are subject to change of positions, said Mr. T. Nageswara Rao, ... More

INDUSTRY ASSOCIATIONS


Scrap dividend tax on recipients, say chambers
THE chambers of commerce, including the Confederation of Indian Industry (CII) and the Bengal Chamber of Commerce & Industry (BCCI) have demanded that tax on dividends in the hands of the recipients, as reintroduced by the Finance Act, 2002 ... More

  • Giridhar Prabhu re-elected at KCCI

    KNITWEAR & HOSIERY


    Project to twin Tirupur, Treviso textile clusters
    THE Indo-Italian Chamber of Commerce and Industry and its partner Treviso Tecnologia, a centre for networking in the textile and fashion industry in Treviso, Italy, are to launch a project that will twin the clusters of Tirupur in Tamil Nadu and ... More

    CINEMA


    Film financing: Are banks missing an opportunity?
    TWO years after the Reserve Bank of India okayed institutional lending to the film industry, only very, very few banks have even done a study of financing films. This is borne out by the replies that Business Line has consistently got ... More

    DISINVESTMENT


    Facts on sell-off issue being distorted: PM
    EVEN as a final decision on the strategic sale of HPCL and BPCL has been put off for three months since early September, the pro and anti groups on the disinvestment policy today raked up the controversy yet again to take it to its logical ... More

    SMALL SAVINGS


    Govt likely to bail out Seamen's PF
    A PROPOSAL to bail out the troubled Seamen's Provident Fund (SPF), which suffered a loss of nearly Rs 100 crore in the securities scam, is expected to be placed before the Union Cabinet shortly. A Government official said this was decided at a ... More

    EVENTS


    SICA invited to ICAC plenary meet in Cairo
    THE South India Cotton Association (SICA) has been invited for the first time to participate in the plenary meeting of the International Cotton Advisory Committee (ICAC) to be held in Egypt later this month. The ICAC Secretariat has written to ... More

    Seminar on malaria
    BANGALORE: The Bangalore University and the Society for Applied Genetics is organising a two-day seminar on October 4 and 5 to commemorate Nobel laureate, Sir Ronald Ross's pioneering discovery of malaria transmission by female ... More

    RAILWAYS


    Rly shuttle service to be extended to Nizamabad
    THE South Central Railway (SCR) will extend the broad gauge shuttle train services currently running between Mudkhed and Dharmabad to Nizamabad from October 3. The Union Minister of State for Railways, Mr Bandaru Dattatreya, will flag off the ... More

    ALTERNATIVE MEDICINES


    TN farmers enter into pact with exporter for herb supply
    TO encourage farmers to earn a higher return from their land, the Research Wing of Tamil Nadu Forest Department has facilitated an agreement between them and an exporter of herb that is used in treating liver disorders. According to Dr G. ... More

    TOURISM


    AP Govt keen to tap medical tourism
    MEDICAL tourism is the new `initiative' the Andhra Pradesh Government is contemplating. The growing international air links and the existence of strong corporate hospital presence were the key ingredients for promoting it, the State Health ... More
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    Top Stories
    Bid to rekindle interest in maths


    Korean tech to manage plastic pollution

    Continental forays into 2-wheelers with Metro

    Huge palm oil imports impact coconut oil

    Film financing: Are banks missing an opportunity?

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 22-Sep. 28
    NCAER concern over cost of high forex reserves

    Govt to hive off maritime institute before SCI sale

    `Infrastructure: In China, the government is venture capitalist' — Mr B. Sridhar, Director, Bengal Tiger Line

    Higher offtake raises Q1 exports 10 pc

    Impact of Asian brown haze `exaggerated'

    `Software exports to US growing at 25 pc'

    Creating `bullet-proof' managers for corporate world

    The Garden City is stressed out

    IISc ties up to launch Web library

    Post-IPR, drug prices set to rise: Report

    NCAER scales down growth rate to 4.8%

    Rise in newsprint price likely from October

    Ascon study upbeat on service sector

    `Security' curbs likely on FDI from neighbouring nations

    State Govts not for using small savings to retire high-cost debt


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