Financial Daily from THE HINDU group of publications
Thursday, October 31, 2002
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INDUSTRY & ECONOMY

CONSUMER ELECTRONICS


DVD segment poised for growth
THANKS to a K3G (Kabhi Khushi Kabhi Gham) and Lagaan, and the increasing number of the latest Hollywood and Bollywood titles available in digital versatile disc (DVD) format, the DVD software and hardware segment is all set for ... More

ENGINEERING


Cutting tools sector to see pick-up in exports
THE cutting tools and accessories sector is set to pick up in exports by 10 per cent. The encouraging trend stems from the phenomenal growth in the auto sector - both two- and four-wheeler segments . The industry, consisting of cutting tools, ... More

ENVIRONMENT


Kyoto pact good for business: UK Minister
`KYOTO' most certainly is good for business, stressed Ms Margaret Beckett, Britain's Minister for Environment, Food and Rural Affairs and the head of the UK delegation to the UN's COP8 conference on climate change. Given the discordant notes ... More

POWER


4 more industries under energy audit
THE Union Ministry of Power will shortly bring four more industries under the energy audit fold. Mr Shashi Shekhar, Director-General of the Bureau of Energy Efficiency (BEE), Government of India, told Business Line here on Wednesday that ... More

TEXTILES


Garment exporters hail Credit Policy
THE Confederation of Indian Apparel Exporters (CIAE) has said the Reserve Bank of India proposal to cut the bank rate by 0.25 per cent and the interest rate liberalisation for export packing credit in rupee will provide thrust to the export ... More

WATER MANAGEMENT


Rainwater harvesting catches on in Chennai
FOR years Ganesh, a small time construction worker, and his friends used to be without work during monsoon. However, things are different this year. While interest in rainwater harvesting among the public seems to be quite high, corporates have ... More

PERSONAL PRODUCTS


`FMCG sector should focus on consumer, innovation'
DESPITE having been in the FMCG business for nearly four decades, Mr Adi Godrej, Chairman of the Godrej group, has not seen the kind of slowdown that has happened in the last 18-20 months. Delivering the inaugural address at the National FMCG ... More

CARS


Smooth drive for cars on excise driveway
IT'S perhaps going to be a smooth ride for domestic carmakers, with the Kelkar panel on indirect taxes backing their case for a cut in excise duties from 32 per cent to 16 per cent. As a general principle, the panel has proposed a 4 per cent ... More

INDUSTRY ASSOCIATIONS


CII keen to boost ties with UAE
THE Confederation of Indian Industry (CII) is planning a full-fledged trade and industry delegation to the UAE early next year in a bid to boost economic and business cooperation, according to its President, Mr Ashok Soota. Mr Soota, who was ... More

KNITWEAR & HOSIERY


Tirupur banian makers seek lower power tariff
THE Tirupur-based Banian Cloth Manufactures Association (BCMA), an industrial body representing the knitwear fabricators, has expressed apprehension that another dose of power tariff hike would put the Tirupur industry in jeopardy. The BCMA, ... More

DISINVESTMENT


Govt sets tough terms for SCI sale — Capital expansion, merger need affirmative vote
THE successful bidder among Great Eastern Shipping Company Ltd (GESCO), Essar Shipping Ltd and Sterlite Industries Ltd for acquiring a 51 per cent controlling stake in Shipping Corporation of India (SCI), will have to brace itself for a long ... More

Lok Prakashan set to acquire NEPA
FOR the Disinvestment Ministry, a prolonged lean patch (aided by the controversy surrounding the disinvestment policy) on selling Government stakes in PSUs is coming to an end. And, the PSU that is helping the cash-starved Ministry lay hands on a ... More

SMALL SAVINGS


Call to mobilise more small savings
POST OFFICE savings have created a mark with 12 crore account and a fund of Rs 1,51,000 crore, according to Mr T.S. Govindarajan, Chief Post Master General, AP Circle. Mr Govindarajan, who was the chief guest at the World Thrift Day ... More

TRADE & LABOUR UNIONS


PSU workers to protest
BANGALORE: PSU Workers' Joint Action Committee has said it would observe November 1 as Black Day in protest against the State Government's decision to wind up sick public sector units. According to Mr T.S. Ananthram and Mr G.R. ... More

INCOME TAX


I-T Dept eases norms for filing returns in Kolkata
CONSIDERING the difficulties faced by corporate tax assessees and their authorised representatives in filing of returns before October 31, following the full-scale jurisdictional changes in the Kolkata zone with effect from August, the Income-Tax ... More

ALTERNATIVE MEDICINES


Plan to grow herbal plants in wastelands
THE Union Ministry of Rural Development has proposed to utilise the country's vast area of waste land extending to 1.75 million hectares for cultivation of herbal plants so as to tap the burgeoning global herbal market, according to Mr Annasaheb ... More

TOURISM


Nagaland to focus on eco-tourism
NAGALAND has decided to focus on and promote eco-tourism and rural tourism. A promotional budget of Rs 1 crore has been earmarked towards this end during the current fiscal, according to Mr I. Imkong, Industry Minister of Nagaland. Addressing ... More
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In Depth
Gender Justice
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Oct. 20-Oct. 26
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SCI may be delisted post-privatisation

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Report `explodes' 5 Chinese myths

The anti-bacterial bubble goes bust


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