Financial Daily from THE HINDU group of publications
Saturday, November 02, 2002
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INDUSTRY & ECONOMY

ENVIRONMENT


Delhi Declaration revised under pressure
WITH some delegations making no bones in expressing their unhappiness over the initial draft of the Delhi Declaration on climate change, a revised version was announced here on Thursday, at the UN climate convention. It revised draft has also ... More

Site for dumping toxic waste
BANGALORE: The Karnataka State Pollution Control Board (KSPCB) has identified a 50-acre site near Sidlaghatta in Kolar district to dump hazardous waste. The site will be the first of its kind in the State, according to KSPCB ... More

Kerala HC stays plastic carry bags order
KOCHI: The Kerala High Court on Friday stayed the implementation of the State Government order prohibiting manufacture, storage, sale and use of plastic carry bags of less than 100 micron thickness in the State with effect from November ... More

POWER


Ministry calls meet to end row over State power cos' rating
IN a bid to sort out the differences that have arisen over the rating of the State power utilities, the Union Power Ministry has convened a meeting of State power sector officials. The meeting gains significance in view of the reservations ... More

NTPC Kayamkulam capacity to go up
THE capacity of the Kayamkulam project of the National Thermal Power Corporation (NTPC) would be expanded by 1,950 MW, according to the Union Power Minister, Mr Anant G. Geete. NTPC would set up its own LNG terminal to take care of the fuel ... More

TAXATION


Don't tinker with dividend tax: CBDT
THE move within the Government to take a relook at the policy on taxation of dividend including the prospect of abolishing the levy has met with stiff resistance from the Central Board of Direct Taxes (CBDT). Although corporates and promoters ... More

TEXTILES


Chill winds of change for mill workers
TILL three years ago, 48-year old Mr Dandapani, a senior spinner employed in a well-known textile unit situated in the Peelamedu area of the city took home a neat Rs 9,000 as bonus to celebrate `Deepavali'. He could afford to add new household ... More

NTC bonus wrangle continues
THE stalemate in the National Textile Corporation (NTC) employees' bonus wrangle in Tamil Nadu continues with both the NTC management and their workers affiliated to different trade unions sticking to their respective stands. The functioning of ... More

COAL


Rethink on future corporate structure of PSU coal cos
THE grapevine has it that the Union Ministry of Coal and Mines is actively examining a proposal in favour of winding up Coal India Ltd (CIL) prior to the constitution of the Seventh Joint Bipartite Committee on Coal Industry (JBCCI-VII). The ... More

KNITWEAR & HOSIERY


US clamps embargo on knitwear exports
THE US has imposed an embargo on further lifting of items under Category 338 quota comprising knitwear, including shirts and blouses and cotton-knitted shirts and blouses, as the quota for this category has been fulfilled for the calendar ... More

`Tirupur units must adopt market-driven process' — Countdown begins for quota-free trade
"YOU don't select who your customers are. Customers will select who their suppliers will be". This seems to be the message for the Rs 4,000-crore knitwear garment exporting town of Tirupur which is bracing up for the quota-free global garment ... More

SCIENCE & TECHNOLOGY


Indian Nuclear Society award
HYDERABAD: The Chief Executive of the Nuclear Fuel Complex (NFC), here, Dr C. Ganguly has been awarded the Indian Nuclear Society (INS) award for 2001-02 for his achievements in the field of nuclear fuel cycle technologies. The award ... More

MINERALS


Kerala to lease mineral mining for value-addition
THE Kerala Government will grant leases for mining mineral sands in the State only for the manufacture of value-added products by companies in the joint sector. The order issued by the State Government recently states that leases will not be ... More

IPR


WIPO seminar from Nov 11
THE World Intellectual Property Organisation (WIPO) is sponsoring an Asia Pacific Seminar on Intellectual Property and Genetic Resources and Folklore here from November 11 to 13 in collaboration with the Union Government and the Cochin University ... More

EXPORTS & IMPORTS


First-half exports up 13.4 pc
EVEN as the whole year export target for the current fiscal has been pegged at 12 per cent, exports during the first-half of 2002-03 (April to September) maintained a buoyant trend by notching up a growth rate of 13.49 per cent at $23974.30 ... More

Appointment norms for SEZ managers eased
THE Department of Company Affairs (DCA) has relaxed the current provisions for the appointment of managerial personnel in order to make the norms more corporate-friendly for companies in special economic zones (SEZ). It has exempted companies set ... More

ALTERNATIVE MEDICINES


`4 ayurvedic resort spas in Kerala are the chosen ones'
DESTINASIA, a leading travel and tourism site, has chosen four ayurvedic resort spas based in Kerala as the country's best. In an article titled "Look to Kerala for four of India's best ayurvedic resort spas'', author, Chandi ... More
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In Depth
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Oct. 20-Oct. 26
Finance Ministry rejects crude royalty proposal — Gujarat, Assam may lose Rs 350 crore

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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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