The Hindu Business Line : Tuesday, November 12, 2002

US shrimp group defers dumping suit
THE newly-formed US Shrimp Industry Association, comprising representatives from eight southern States in the US, has decided to put on hold its decision to file an anti-dumping suit against seven countries, including India, whose rock-bottom ... More

COURTS/LEGAL ISSUES

High Court directs AP to alter vaccine tenders
INTERVENING in the `unhealthy' corporate war between the two Andhra Pradesh-based Hepatitis-B vaccine manufacturers, triggered by the tenders floated by the AP Government for the $25-million vaccination project being funded by the Bill & Melinda ... More

ECONOMY

NCAER laces recovery in industry with caution
THE National Council of Applied Economic Research (NCAER) has said the sharp decline in the growth of infrastructure output and decline in many variables in September 2002 suggest "a more cautious outlook on industrial output growth in the coming ... More

HEALTH

Gates opens $100-m AIDS window
VERMILION on his forehead, sitting cross-legged on a mattress and talking to HIV-infected people — it was a different avatar of Mr Bill Gates, indeed! Far from the hurly-burly of the anti-trust case in the US or the billion dollar ... More

Trials on AIDS vaccine early next year
AS Sujata laboriously walks to the healthcare centre near her slum-dwelling in Dharavi, Mumbai, she does not betray any signs of the dark future that awaits not only her, but also her unborn baby. Sujata and her unborn child, both HIV-positive, ... More

Gates to launch Phase 2 of child vaccine scheme
THE Chairman of Microsoft Corporation, Mr Bill Gates, is scheduled to launch the second phase of the children's immunisation programme in six districts of Andhra Pradesh on November 14. About five lakh children are to be immunised against a ... More

INFRASTRUCTURE

Maharashtra plans Act for infrastructure development
IN a bid to attract more private investment in infrastructure, the Maharashtra Government plans to introduce the Maharashtra Infrastructure Development and Support Act (MIDAS). Speaking at an industry conference, the Chief Minister, Mr Vilasrao ... More

PETROLEUM

Uniform ST on petro goods likely from April
THE Centre plans to introduce uniform sales tax on petroleum products in all States by April 2003. The rates will be fixed as per the planned value-added tax, the Union Minister for Petroleum and Natural Gas, Mr Ram Naik, said here on Monday. ... More

POWER

`Per capita power use up at 505 kWh in 5 years'
THERE has been substantial increase in the annual per capita consumption of power from 364 kWh in 1994-95 to 505 kWh in 2001-02 in Andhra Pradesh. The present consumption level is far higher than that of Tamil Nadu, Karnataka, Rajasthan, ... More

Kerala: No duty on new power tariffs
THE State Government, which notified the hike in power tariff on Monday, has made it clear that there will not be any duty on the increased rate. At present, a duty of 10 per cent is levied. The revised tariffs come into effect retrospectively ... More

Bengal agency for renewable energy to be upgraded
WEST BENGAL'S apex agency for renewable energy is being spun off into a full-fledged corporate entity called Green Power Corporation. Power sector sources said that the proposal has received `in principle' nod from the Chief Minister and the ... More

Covanta may exit TN power projects
COVANTA Energy Corporation, the US-based power utility, is likely to pull out of the two power projects in Tamil Nadu in which it has controlling stakes, as part of an overall financial restructuring the company is going through. No decision has ... More

Geete calls meeting of Dabhol stakeholders
THE Union Power Minister, Mr Anant Geete, has called a meeting of all stakeholders in the Dabhol power project tomorrow to discuss restarting the 658 MW Phase-I of the project. Speaking to presspersons on the sidelines of the Maharashtra ... More

TEXTILES

States lukewarm to textile clusters scheme — Modified TCIDS to offer 100 pc Central funding
MODIFICATIONS to the Textile Centres Infrastructure Development Scheme (TCIDS) designed to get over the industry's obsolete technology are currently under way to render the funding pattern to be altered to 100 per cent Central funding from the ... More

NIFT to impart new look to handloom textiles
STUDENTS of the National Institute of Fashion Technology (NIFT), Bangalore and the Karnataka Government, are together working on new assignments that are designed to impact the textile industry in the State. One of them is a design ... More

SSI

ISED planning lecture series

EDUCATION

More depend on Govt schools: Survey

FOODS & FOOD PROCESSING

Centre earmarks Rs 650 cr for food processing
Among the 36 proposals sanctioned, 29 parks would be promoted by the Government, six by the private sector and one as a joint venture. More

INDUSTRY ASSOCIATIONS

Chamber not for wide powers to SEs on company closure
THE Associated Chambers of Commerce and Industry (Assocham) has cautioned against conferring sweeping powers to stock exchanges for winding up of a company based on complaints by investors. Instead, the chamber has suggested strengthening of ... More

DISINVESTMENT

Pre-qualification norms for Punjab Tractors sell-off
THE disinvestment process for Punjab Tractors Ltd (PTL), the country's second largest tractor company, is cruising along. According to top State Government officials, the advertisements inviting expressions of interest (EOI) from potential ... More

`Delay in HPCL, BPCL sell-off to hold up EIL too'
THE delay in the disinvestment of HPCL and BPCL is likely to hold up the sale of Engineers India Ltd (EIL), which derives a majority of its business from the two PSU oil majors, according to Mr Pradip Baijal, Secretary, Ministry of ... More

FOREIGN DIRECT INVESTMENT

China aluminium major plans Rs 1,750-cr smelter
DESPITE the recent political fiasco over the Nalco disinvestment, foreign investors' interest in the country's aluminium industry remains unaffected. The latest to join the fray is the Chinese state-owned Aluminium Corporation of China ... More

WTO

Group to speed up decision on WTO issues set up
THE Government of Monday decided to set up a Group of Ministers (GoM) to expedite the country's decision-making process on WTO issues — including the negotiating position of India on agriculture — prior to the WTO Ministerial meeting ... More

`Mini Ministerial on WTO will be a move forward'
Having taken the lead in inviting the elected representatives of 25 developing and developed countries as well as the Director-General of World Trade Organisation, Dr Supachai, Mr Vaile is confident that the informal dialogue with the Ministers wil l be a constructive move forward. More

RURAL DEVELOPMENT

Anganwadi schemes hit: Forum

TRADE & LABOUR UNIONS

SBI staff union plans agitation
THE State Banks' Staff Union, Kerala Circle, has chalked out an agitational programme in protest against the "anti-labour policies'' of the State Bank of India (SBI) management. At an emergency central committee meeting of the union, it was ... More

EVENTS

Motor show from Nov 14
KOCHI: The Motor Show 2002, one of the largest technically advanced automobile trade fairs in south India, is to be held from November 14 to 17 at the Rajiv Gandhi Indoor Stadium. The show, which is being organised by Impresario, will ... More

Bangalore Engagements

EXPORTS & IMPORTS

`SEZ in Vallarpadam will lure more investment'
DECLARATION of the Vallarpadam and Puthuvypeen areas as special economic zones will reduce the cost of the proposed trans-shipment terminal by at least Rs 300 crore by way of exemption from Customs and Excise duties and income-tax, according to ... More

NATURAL CALAMITIES

AP seeks Centre's help to tackle drought
The Central Government was requested to provide interim drought relief support of Rs 810 crore from the National Calamity Contingency Fund and about 15 lakh tonnes of rice to take up employment generation works in the State. More

TOURISM

Chhattisgarh identifies land for tourism promo
IN an effort to create more infrastructure facilities for tourists, the Chhattisgarh State has identified 75 acres of land close to the forest for development by the private sector. "The State has identified the land and this will be leased to ... More

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