The Hindu Business Line : Friday, October 11, 2002

Car manufacturers stay clear of Auto Focus 2002
CAR manufacturers were conspicuous by their absence at Auto Focus 2002, an exhibition of the automotive sector, organised here by the Confederation of Indian Industry (CII). The only car on display was an Indica V2. Around 110 companies from ... More

COURTS/LEGAL ISSUES

HC refers TACID land case to civil court
THE Madras High Court has ordered to refer to the Civil Court concerned the matter pertaining to enhancement of compensation for the land acquired for industrial development. The Special Tahsildar (Land Acquisition TACID Oragadam Scheme) had ... More

ENGINEERING

EEPC sees market for machinery in W. Africa
THE Engineering Export Promotion Council (EEPC) has indicated large opportunities for Indian manufacturers of capital goods and equipment in West African markets, particularly Ghana and Ivory Coast. Mr G.D.Shah, Chairman of EEPC's Sub-Committee ... More

FOREIGN TRADE

Welsh trade team coming
WALES Trade International (WTI) under the Welsh Assembly Government is sending a trade mission to India. The mission, whose size is yet to be finalised, will visit Mumbai, Chennai and New Delhi between November 9 and 20 to "explore opportunities ... More

HEALTH

Diabetic retinopathy awareness low: Study
A MID-PROJECT study conducted by the Aravind Eye Hospital here, under the Lions Aravind Diabetic Retinopathy Project (LADRP), in Madurai, Theni and Coimbatore districts has revealed that 70 per cent of the community were not aware of the main ... More

Special packages at Apollo Hospitals
HYDERABAD: To mark two decades of extension of tertiary healthcare to people, the Apollo Hospitals branches at Hyderabad and Visakhapatnam are offering subsidised packages for surgeries and other procedures from October 10 to November ... More

PSU

Heavy Industries Ministry to set up CMDs' panel — Bid to beef up marketing
THE Ministry of Heavy Industries and Public Enterprises is in the process of setting up a committee comprising the Chairman and Managing Directors of the public sector units under the administrative control of the Ministry for better ... More

PETROLEUM

BG, ONGC chiefs discuss Panna-Mukta
THE top brass of the BG Group and Oil and Natural Gas Corporation today met to resolve the eight-month-long dispute over the operatorship of the Panna-Mukta oil and gas fields. "There will be some give-and-take aimed at resolving the issues," a ... More

POWER

CESC draws flak for being too generous to staff
THE RPG-controlled CESC has been ticked off by the Supreme Court for spending disproportionate amounts on wages and overtime payments to its employees. According to the order on the tariff review issue delivered last week (a copy of which is ... More

ERC Act only clear winner in CESC case
GOING through the fine print of the judgement on the CESC tariff issue delivered by the Supreme Court last week, it is clear that there are really no straight winners or losers barring perhaps the 1998 law, which has been accorded supremacy by ... More

AP benefits from TN bandh
THE bandh observed in Tamil Nadu on Wednesday has, in a way, benefited Andhra Pradesh. The closure of various establishments on account of the bandh in the neighbouring State has resulted in the availability of 400 MW of additional electricity to ... More

Karnataka: Private players cold to renewable power
The expense of generating renewables also acts as stumbling blocks for private parties to take up such initiatives on a large scale. More

TEXTILES

Sensitive garment quota shipments to US cleared
AEPC has decided to go for a short endorsement of the shipments for this category of exports against the revalidated quantities following clearance from the Central Government. More

WATER MANAGEMENT

Ministry proposes rivers interlink
The project is estimated to cost around Rs 5,60,000 crore over a 35-year period. A presentation was made to the Prime Minister, Mr A.B. Vajpayee, at the recently concluded meeting of the Planning Commission in New Delhi. More

RADIO/TV

Kerala police to monitor cable TV networks

READYMADE GARMENTS

GMCCI plea to scrap entry tax on garments
THE garments and retailing committee of the Greater Mysore Chamber of Commerce (GMCCI) has made a representation to the State Government for the withdrawal of the two per cent entry tax levied on readymade garments with effect from October 1 this ... More

KNITWEAR & HOSIERY

AEPC initiatives for special push to Tirupur knitwear
WITH the growth prospects for knitwear exports placed above that for woven garments, the Apparel Export Promotion Council (AEPC) has drafted a separate budget for Tirupur knitwear sector to consolidate the latter's export potential. The ... More

Tirupur exporters seek ASIDE funds for link roads
TIRUPUR knitwear exporters have asked the Commerce Ministry to release funds under the Assistance to States for Infrastructure Development for Exports (ASIDE) to facilitate improvement of three roads in Tirupur that link the knitwear town to ... More

BIO-TECH & GENETICS

Karnataka Govt move on bio-tech start-ups
BANGALORE: Karnataka will decide on creating a corpus fund of Rs 50 crore for bio-technology start-ups only after studying the need for it, according to the Secretary for IT and Biotechnology, Mr Vivek Kulkarni. Many venture capital and ... More

SCIENCE & TECHNOLOGY

Winners of Space Week contest
THIRUVANANTHAPURAM: The Vikram Sarabhai Space Centre (VSSC) has announced winners of various competitions held as part of World Space Week Celebrations 2002. Arushi P. V. of the AKG Smaraka High School, Kannur, has won the first prize in ... More

DISINVESTMENT

`Fudged accounts' surface to stump Shourie
PRIVATE strategic investors who have acquired control over non-listed, loss-making, fully-Government-owned PSUs have detected "accounting irregularities'' allegedly committed by the erstwhile managements, creating a big problem for the ... More

Star speakers for seminar on divestment
THE Union Minister for Disinvestment, Mr Arun Shourie, the CPM strategist, Mr Sitaram Yechury, and economist and prominent Congress party member, Mr Jairam Ramesh, will be the main speakers at a national seminar on `Strategic issues of the ... More

Jessop sell-off: HC extends stay up to Nov 22
MR Justice Kalyan Jyoti Sengupta of the Calcutta High Court on Thursday extended the order of stay granted earlier in the Jessop & Co Ltd disinvestment case till November 22. The order came on an application filed by the Jessop & Co. Staff ... More

FOREIGN DIRECT INVESTMENT

Growth in FDI stays flat, says US envoy
DESCRIBING the growth of the commercial sector as the most disappointing in the Indo-US bilateral relations, Mr Robert Blackwill, the US envoy in India, said "the US foreign direct investment in India remains flat". Even the US exports have ... More

HUMAN RESOURCES

Beeline for FMS graduates
NEW DELHI: The completion of summer placements at the Faculty of Management Studies (FMS), University of Delhi, saw an impressive response from corporates, according to a release. It added that the finance sector has seen a revival with ... More

EVENTS

School teachers' meet
BANGALORE: School-teachers from different parts of the country will congregate in Bangalore on October 18 with the objective of chalking out strategies to achieve "education for all" as specified by the World Bank. Organised by the ... More

Hyderabad Engagements

ENTREPRENEURSHIP

`Opportunites matter; deterrents no bother'
BRIMMING with optimism over entrepreneurship getting a fillip in the country, young as well as experienced representatives of companies and businesses are not discouraged by the uncongenial environment of Government interference or slow progress ... More

EXPORTS & IMPORTS

Delhi sets up committee to boost exports
THE Government of Delhi has recently constituted a `Stale-level Export Promotion Committee' to address the problems faced by the exporting community of Delhi and also redress their grievances. This was stated by Mr Arun Mathur, Commissioner of ... More

`No drought impact on foodgrain exports'
MR Sharad Yadav, Minister of Consumer Affairs, Food and Public Distribution, has ruled out any impact of drought on the export of foodgrains from the country. He said the Government was taking necessary steps to strengthen the procurement ... More

ALTERNATIVE MEDICINES

Ayurveda meet draws wide-ranging response
A 10-member delegation is arriving from Fiji, while Sri Lanka will send in the largest contingent comprising 50 members. Countries such as Malaysia, the UK and the US are also deputing their delegations comprising policy-makers at different levels. More

TOURISM

Subdued Dasara tells heavily on tourism
THE low-key Dasara celebrations have cast a gloom over the tourism industry this year. The official cancellation of the traditional procession which attracts large number of foreigners to Mysore comes in the wake of the prolonged agitation ... More

ECONOMIC OFFENCES

Stock scam probe — Former MD of SHCIL, IndusInd Bank V-P held
THE arrests of Mr B.V. Goud and Mr S.N. Paul, former Managing Director of Stock Holding Corporation of India Ltd and Senior Vice-President of IndusInd Bank respectively, by the Kolkata Police late on Wednesday night have sent both outfits on ... More

More arrests likely on CSE case
THE Kolkata Police today hinted at the possibility of more arrests in the course of its investigation into the March 2001 Calcutta Stock Exchange crisis. The indication came on a day marked by an intense court-room battle revolving around Mr ... More

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