The Hindu Business Line : Thursday, October 17, 2002

Car sales rev up 24% on cheap loans, discounts in September
BUOYED by cheaper loan schemes and discounts, domestic car sales vroomed 23.7 per cent in September 2002. Almost all major automobile companies including Hyundai, Tata Engineering and Hindustan Motors recorded growth, with domestic car sales ... More

COURTS/LEGAL ISSUES

As you sow, so you cost
WHAT are the books to be kept by a company? This is specified in Section 209 of the Companies Act. Power is available to the Central Government, under Section 209(1)(d), to specify what particulars should be maintained - by class of companies ... More

ECONOMY

Market borrowings better option for States: RBI
MARKET borrowings are turning out to be cheaper source of funds for the state governments than borrowing from the Centre. According to the Reserve Bank of India, the interest rate on market borrowings by the state governments this year up to ... More

Elusive pastures
A tribal family that migrated to Hyderabad to eke out a living with their malnourished child on Wednesday, the World Food Day.

ENVIRONMENT

TN slack in funds use for Chennai waterways: Baalu
THE Union Minister for Environment and Forests, Mr T.R. Baalu, has said that the Tamil Nadu Government's work on cleaning up the waterways of Chennai was not up to the expectations. The progress on the projects to clean up some of the rivers in ... More

Tenth Plan targets 25% forest cover
THE Union Ministry of Environment and Forests aims to bring 25 per cent of the country's area under forests and tree cover by the end of the Tenth Five-Year Plan. Currently, 19.17 per cent of the country's area is under forest cover. The forest ... More

HEALTH

Garbage row raises epidemic fears in Thiruvananthapuram
THE row between the Thiruvananthapuram City Corporation and the Poabs group, partners in the Rs 9-crore build-operate-transfer (BOT) solid waste treatment plant in the suburbs, is literally raising a stink with movement of garbage from the city ... More

PETROLEUM

Petrol, diesel prices up again
OVER the last two months, consumers of petrol and diesel in the country have seen their wallets getting relatively lighter. Starting from end-August, state-owned oil marketing companies have hiked retail prices of petrol and diesel almost every ... More

Players in oil industry form Petrofed
IN ORDER to address the concerns of the players in the oil industry in the post-Administered Pricing Mechanism regime, a large section of players in the public sector, private and joint sector today launched Petroleum Federation of India ... More

POWER

PPN Power's switch-over to gas may help TNEB
WITH the 330-MW Pillaiperumalnallur power project partially switching over to gas, the purchase price for the Tamil Nadu Electricity Board (TNEB) is expected to come down significantly. PPN Power Generating Co, which owns the power project, has ... More

TEXTILES

Dull market shatters textile workers' bonus hopes
AN uncertain market for most textile mills may not offer any leverage for the worker unions seeking bonus to pitch their demand high this time. Though the major textile worker unions have repeated their last year's bonus demand — a ... More

SSI

Malaysia woos small, medium enterprises
INDIAN small and medium-scale units should look at establishing presence in Malaysia to benefit from the opportunities presented by Asean Free Trade Area (AFTA) to be formed by 2005, the Deputy President of Kuala Lumpur & Selangor Indian Chamber ... More

TELEVISION SETS

Cut customs duty on colour picture tubes to 20 pc: CETMA
HAVE you ever wondered why despite the continuous reduction in prices, colour television sets (CTV) in India remain out of the reach of many consumers, compared to global markets? According to the Consumer Electronics and Television ... More

REAL ESTATE & CONSTRUCTION

FIPB approves first realty FDI project
ALMOST after a year since the Government announced the opening up of the real estate sector to foreign direct investment (FDI), the Foreign Investment Promotion Board has approved the first FDI project for a 100-acre residential township in ... More

FOREIGN DIRECT INVESTMENT

Naidu seeks Mahathir's help to draw Malaysian investors
BETTING on the progress made by the Telugu Desam Party Government over the last few years and drawing inspiration from the visiting Malaysian Prime Minister, Dr Mahathir Mohamad's leadership and vision, the Andhra Pradesh Chief Minister, Mr ... More

EVENTS

Handicrafts fair nets Rs 830-cr business
THE Indian Handicrafts & Gifts Fair (autumn) 2002 has generated business to the tune of Rs 830 crore. According to a statement issued here by the Export Promotion Council for Handicrafts (EPCH), 1,000 exhibitors participated in the four-day ... More

NATURAL CALAMITIES

Kerala seeks flood relief from Centre
THE Government has requested the Centre for immediate flood relief assistance of Rs 25 crore after a week-long wet spell claimed 11 lives and inflicted collateral damages of an estimated Rs 50 crore across the State. Speaking to newspersons ... More

ALTERNATIVE MEDICINES

Exim Bank book on healthcare export potential
THE Confederation of Indian Industry and Exim Bank are jointly organising the release of Exim Bank's publication called Exporting Indian Healthcare - Export Potential of Ayurveda, Siddha Products and Services on Monday. The Exim Bank, ... More

TOURISM

Second tourism road show in Gulf in Jan
Currently, there were a large number of business and leisure visitors to India from the UAE, Oman and Bahrain. The focus now is to double the number from Kuwait and Saudi Arabia, as the tourist traffic is relatively low from these states. More

ECONOMIC OFFENCES

FACT employees allege corruption
THE FACT Employees Federation, affiliated to Bharatiya Kamghar Sena, has alleged that corruption by the management has led to the financial crisis of the public sector Fertilisers and Chemicals Travancore Ltd (FACT). Speaking to newspersons on ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Coca-Cola sees India as strong growth market

India moves against EU sugar subsidies

`Mumbai largest grey market for cell-phones'

LIC sets tough trend for private players — To focus on expanding agency network

Asian Paints net up 39% on cost-efficiency moves

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Oct. 6-Oct. 12
Diamond certification launch soon

TV content providers looking South