Financial Daily from THE HINDU group of publications
Friday, October 04, 2002
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INDUSTRY & ECONOMY

CEMENT


Minister warns cement units against cost manipulation
You cannot give an impression that you are blackmailing us on the pricing and availability front. If we continue to get that impression, we will retaliate by using other materials, says Mr Khanduri. More

Cement despatch, production rise
ACC has reported an 11.9 per cent increase in cement despatches, year on year, for the month of September. Despatches which were at 9.87 lakh tonnes in September 2001, rose to 11.05 lakh tonnes this September. Production rose 11.3 per cent, ... More

COURTS/LEGAL ISSUES


Jana Krishnamurthi for simpler tax laws
THE Union Minister for Law and Justice, Mr K. Jana Krishnamurthi, has said that fiscal policy must aim at simplification of direct tax laws and plug loopholes in legislation. Addressing a conference of the Income-Tax Appellate Tribunal (ITAT) ... More

ECONOMY


50 pc drop in kharif output — AP to seek Rs 1210-cr drought relief package
FACED with a severe drought situation, the Andhra Pradesh Government has projected a 50 per cent drop in the kharif foodgrain production . To mitigate the impact of the drought, it has decided to seek a relief package of Rs 1,210 crore and 25 ... More

ENVIRONMENT


Kerala bio-manure project headed for closure
THE State Government and the Thiruvananthapuram City Corporation are fighting what for all practical purposes looks like an increasingly losing battle to prevent the first build-operate-transfer (BOT) project from going under. The threat of the ... More

`Good scope for Indo-US ventures on climate tech'
WITH the US Government's increased funding for programmes for reducing greenhouse gases (GHGs) there is scope for increased Indo-US cooperation in collaborating on climate change technologies, according to senior US Government ... More

Plastic waste management plan
BANGALORE: The City now has an integrated management programme for the 2,000-tonnes of plastic waste it generates each day. The initiative comes from the Karnataka Plastic Bag Manufacturers' and Traders' Association, Waste Wise ... More

FOREIGN TRADE


Kabul show brings business worth Rs 25 cr
IN an effort to get a foothold in the Afghan market, more than half of the Indian companies which participated in the `Made in India' show in Kabul have decided to appoint dealers for their products while another 10 per cent of the participants ... More

HEALTH


Neighbourhood medicare model from Anyuta
Under the Anyuta model, three doctors from a locality form a family physician group for the families registered with the system. In an emergency, the families can reach any one of them to get immediate treatment. More

Unani doctors seek better deal
REPRESENTATIVES of the AP Ibne Sina Medical Officers' Association have requested the Minister for Health, Dr K. Sivaprasada Rao, to take steps to fill the 80 vacant posts of Unani medical officers. They wanted the number of seats at Nizamia ... More

POWER


Work on fast breeder reactor to start shortly
WORK on the 500 MW Prototype Fast Breeder Reactor (PFBR) here is expected to begin shortly, as all the approvals are likely to be obtained in the next two months' time, the Chairman of the Atomic Energy Commission, Dr Anil Kakodkar, said here ... More

Jayalalithaa blames DMK Govt for TNEB's financial crisis
THE Tamil Nadu Electricity Board (TNEB) has taken the first step — by filing a tariff petition before the Tamil Nadu Electricity Regulatory Commission that includes among other things a proposal to levy 50 paise per unit on both farm ... More

SC sends back CESC tariff issue to West Bengal ERC
Significantly the apex court said that the 1998 Electricity Regulatory Commission's Act has overriding effect both on the Electricity Acts of 1910 and 1948. The court has held that the High Court must keep in mind the fact that the commission is an e xpert body. More

TAXATION


States set to re-align draft VAT laws
ALL States are set to re-align their draft legislations on value-added tax (VAT) in line with the Centre's recommendations by the end of this month. The Empowered Committee of Finance Secretaries on VAT, which met here today, arrived at a ... More

TEXTILES


8,000 visitors expected at Heimtextil fair
AS many as 8,000 trade visitors are expected to participate in the third edition of Heimtextil India trade fair commencing in the Capital from October 4. The fair focuses on Home and Household textile and accessories. The general global ... More

SSI


  • Indian Labour Federation move hailed

    WATER MANAGEMENT


    Tank revival project begins in Karnataka
    BANGALORE: The Government has commenced its project of desilting about 2,000 tanks in various districts under the World Bank-assisted Jalasamvardhane scheme. The Rs 650-crore project would cover 26 districts and is expected to boost ... More

    Imposing edifice
    `Jal Bhavan', the headquarters of the Karnataka Urban Water Supply and Drainage Board, was inaugurated in Bangalore on Wednesday. The construction of this building was completed in a ... More

    Water management policy on cards
    BANGALORE: The Government is expected to come out with a comprehensive water management policy that will address the issues pertaining to the supply and effective utilisation of drinking water in the State. Such a policy was ... More

    EDUCATION


    Dr Reddy's social initiative
    HYDERABAD: DR Reddy's Laboratories Ltd has announced the launch of a new social initiative in the field of health education - Dr Reddy's Foundation for Health Education (DRFHE). In a press release here on Thursday, the company said ... More

    TEXTILE MACHINERY


    Slump in demand for textile gear to persist
    THE slump in demand for textile machinery is expected to continue in the near future with the closing down several of several mills. According to Mr G.T. Dembla, Chairman, Textile Machinery Manufacturers Association, the recession, coupled with ... More

    DISINVESTMENT


    Naik sings the same tune on divestment — Will NDA agenda prove trump card?
    The cheer generated in the pro-divestment group after the Prime Minister's statement on Wednesday may be short-lived. More

    PM brings cheer to PSU scrips
    THE stocks of public sector companies rose on Thursday after the Prime Minister, Mr Atal Bihari Vajpayee, said the disinvestment process had not been "halted". Among the major gainers on Thursday were the disinvestment candidates HPCL, BPCL, ... More

    WTO


    `Liberalisation not synonymous with services deregulation'
    LIBERALISATION of the service sector during the course of WTO negotiations does not necessarily mean deregulation, Mr A. Hamid Mamdouh, Director (Trade in Services Division), World Trade Organisation (WTO), has said. "It may even mean mere ... More

    EVENTS


    Indo-ASEAN business summit on Oct 17-18
    THE Federation of Indian Chambers of Commerce and Industry (FICCI) along with the Ministries of External Affairs and Commerce and Industry will organise the first Indo-ASEAN business summit. The summit will be held in New Delhi and Hyderabad on ... More

    Seminar on investment opportunities
    KOCHI: CII Kerala is organising a seminar on `Investment Opportunities in Sharjah Airport International Free Zone (SAIF)' on October 10. A high-level delegation led by Mr Sheikh Saqer Al Qassemi, Deputy Director General of SAIF, will be in ... More

  • Codissia seminar tomorrow

    TOURISM


    Kerala Travel Mart gets off the block
    THE three-day Kerala Travel Mart got off to a colourful start on Thursday with a pageant of caparisoned elephants, traditional music and various Kerala art forms such as Kathakali, Kavadiyattom and Velakali. Inaugurating the function, the Chief ... More

    Bastar to be promoted for tourism
    IN an attempt to promote tourism in Chhattisgarh, the State Government has, in association with the Great India Tour Company and American Express Travel Related Services, developed a range of six-to-eight-day packages for tourists, including a ... More

    ECONOMIC OFFENCES


    Adulterated petrol? You can complain online
    IN a bid to curb adulteration of petroleum products, the Minister of Petroleum and Natural Gas, Mr Ram Naik, on Thursday launched the official Web site of the Anti-Adulteration Cell (AAC). Consumers can now lodge complaints and obtain ... More

    SEBI seeks FIRs against 44 cos on CIS refunds
    THE Securities and Exchange Board of India has requested police authorities to file first information reports against 44 companies for criminal breach of trust, cheating and criminal conspiracy against investors in their collective investment ... More


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    Top Stories
    Neighbourhood medicare model from Anyuta


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    Floriculture units caught in a pincer

    Minister warns cement units against cost manipulation

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 22-Sep. 28
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    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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