Financial Daily from THE HINDU group of publications
Tuesday, November 19, 2002
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INDUSTRY & ECONOMY

AUTOMOBILES


Festive October brings smile back to auto sector players
CARMAKERS, Maruti Udyog, Hyundai Motor and Tata Engineering, notched up impressive sales in festive October, boosting domestic car sales by 34 per cent for the month, latest data showed. Total car sales in October stood at 45,317 units as ... More

ECONOMY


`High fiscal gap hits pvt sector growth too'
AS a consequence of the continuously high fiscal deficits of both of the Union and State Governments, private sector growth would also be slower than it would be otherwise, said Dr Rakesh Mohan, Deputy Governor, Reserve Bank of India. Private ... More

No funds crunch: Krishna
BANGALORE: The Karnataka Chief Minister, Mr S.M. Krishna, has said that compared to other States, the financial condition of the State was stable and the Government was not facing funds crunch. Speaking at Harihar on Sunday, Mr ... More

ENVIRONMENT


Plastic collection competition
MANGALORE: As one part of the entire campaign surrounding the attempt to `save the environment' zeroing in on plastics as the most dangerous pollutant of the planet, a confederation of organisations in Mangalore is organising a `plastic ... More

EXCISE AND CUSTOMS


Coimbatore excise collection seen buoyant
THANKS to the improved performance by the top ten commodities in the region's Central excise duty basket, the excise revenue from industries and trade in the newly-formed Coimbatore zone this year is expected to be buoyant. The authorities in ... More

FOREIGN TRADE


Afghanistan invites pvt sector
EVEN as officials of India and Afghanistan firm up details of a preferential trade agreement (PTA) between the two countries, the Commerce Minister of Afghanistan, Mr Sayed Mustafa Kazmi, has invited the Indian business to invest in the country. ... More

Lankan trade team arrives in Bangalore
BANGALORE: A Sri Lankan trade delegation is on a four-day visit to Bangalore from Monday to explore joint business opportunities and procure industrial goods from Karnataka. The delegation organised by the Sri Lanka Chamber of Small ... More

HEALTH


Bangalore makes headway in skin and hair care business
The information technology city, Bangalore, could well be on its way to picking another soubriquet, this one in the skin and hair care business. The dermatology scene in the city is much larger than many other big cities and compares closely ... More

INFRASTRUCTURE


Jayalalithaa inaugurates new bus terminus in Chennai
THE new Chennai Mofussil Bus Terminus commenced operations today with three buses being flagged off by the Tamil Nadu Chief Minister, Ms J. Jayalalithaa. Built at a cost of Rs 103 crore, the terminus has a capacity to handle over 2,000 buses ... More

PETROLEUM


Industrial fuels sale up in October
THE domestic industry appears to be on the recovery track with most industrial fuels recording an increase in sales in October. Diesel, indicator of the country's economic health, reported a positive growth of 1.8 per cent. Overall growth rate ... More

AP: Gasohol to be launched today
ETHANOL-blended petrol will be introduced in the State at Gokavaram near here from Tuesday, according to a press release issued by the Indian Oil Corporation. The press release says that the Union Minister of Petroleum and Natural Gas, Mr Ram ... More

PHARMACEUTICALS


Pharma week kicked off
THE importance of the pharmacist in terms of dispensing medicines and knowledge to the consumer was highlighted at the inauguration of the National Pharmacy Week, starting Sunday. A regular feature in November every year, this week's theme was ... More

POWER


Atomic energy board team visits NFC unit
A FOUR-MEMBER team from the Atomic Energy Regulatory Board (AERB), the `watchdog' organisation on India's nuclear safety, today undertook an on-the-spot study of the blast that occurred in the evaporator unit of the Nuclear Fuel Complex (NFC), ... More

TNEB asked to curb power theft, inefficiency
FARMERS' representatives, politicians and small-scale industrialists strongly opposed the Tamil Nadu Electricity Board's proposal to revise power tariffs. Expressing their dissent at the public hearing, the last of the four such hearings, ... More

IEMO reaffirms need for integrated energy policy
THE Second World Congress of the International Energy and Mines Organisation (IEMO) has reaffirmed the need for an international integrated energy policy based on each nation's indigenous fuels. A resolution passed by the IEMO at the conclusion ... More

APTransco-BPL agreement approved with changes
THE Andhra Pradesh Electricity Regulatory Commission (APERC) has granted its consent to the Transmission Corporation of Andhra Pradesh (APTransco) to enter into an agreement for the purchase of energy from BPL Power Projects (AP) Ltd, subject to ... More

TEXTILES


Textiles sector initiatives to continue in 2003-04
THE domestic textiles industry may have a cause for cheer, with the Union Textiles Secretary, Mr S.B. Mohapatra, today promising that the task of fiscal correction embarked upon by the Government in the textiles sector in the current year's ... More

WATER MANAGEMENT


TWAD Board hikes tariff
THE Tamil Nadu Water Supply and Drainage Board (TWAD Board) has hiked the water tariff in the areas it is responsible for supplying water. The Government has issued an order allowing the board to hike the tariff with immediate effect. ... More

MANAGEMENT


`Leadership is like an iceberg'
"THE greatest mistake leaders can make is to assume that results alone matter, and that morality and goodness have gone out of style. On the contrary, as amorality becomes rampant, in the heart of darkness, the natural human instinct is craving ... More

MEDICAL INSTITUTIONS & HOSPITALS


Heart care centre to train nurses
NARAYANA Hrudayalaya, a speciality heart care centre, has entered into an arrangement with Johnson & Johnson (US) to start a training facility for nurses. The nursing school will be set up adjacent to the Hrudayalaya on Hosur Road. The US ... More

REAL ESTATE & CONSTRUCTION


Realtors build dreams on unused industrial land
FROM shabby industrial units in the heart of the city to impressive office buildings, plush shopping malls and entertainment centres - the Indian realtors now seem to be capitalising on large chunks of unused industrial land. These units ... More

SCIENCE & TECHNOLOGY


Met office aiming at accurate forecast
THE recent cyclone that hit Bangladesh seems to have stumped meteorologists, whose forecasts were off target. First, reports indicated that the cyclone would hit the Chennai coast. Then, the finger was pointed towards the Orissa and Andhra ... More

President presents Space Gold Medals
BANGALORE: The President, Dr A.P.J. Abdul Kalam, on Monday presented the 2001 Space Gold Medals to five outstanding ISRO personnel during his visit to Vikram Sarabhai Space Centre (VSSC), Thiruvananthapuram. The Astronautical Society ... More

HUMAN RESOURCES


Online programme for nurses
KOCHI: The Kochi-based Vidya Bharathi Institute of Management and Technology (VIBIMAT) is arranging an online training programme to nurses to equip them to pass the Commission for Graduates of Foreign Nursing School (CGFNS) ... More

EVENTS


Paradigm shift seen in business post-9/11
LAUNCHED with the intention of exploring new frontiers of management, the IIM Kozhikode annual management seminar 2002 analysed the emerging business opportunities in the realm of e-money and e-market places, assessed the place and role of ... More

3 Indian cos to participate in timber fair
THE Indian furniture market, which is estimated to be around $1.2 billion against a $32-billion world market, is expected to grow incrementally in the next few years, according to Mr H. Ramakrishna, Managing Director of the Bangalore-based HBR ... More

CII energy summit to focus on costs, conservation tech
THE Confederation of Indian Industry (CII) will hold a four-day Energy Summit here between December 2 and 5. The summit is organised in two parts — the first two days will be a competition for a National Award for Excellence in Energy ... More

Science exhibition from Nov 26
HYDERABAD: The 29th Jawaharlal Nehru National Science Exhibition for Children-2002, jointly organised by the National Council of Educational Research and Training (NCERT) and the Andhra Pradesh Government would be held here between ... More

India Workplace 2002 on Dec 9
BANGALORE: The India chapter of International Facility Management Association is organising India Workplace 2002 Conference and Exposition in Bangalore on December 9 and 10. India Workplace 2002 will showcase some of the leading ... More

National convention on property
HYDERABAD: The Confederation of Real Estate Developers Association of India (CREDAI) is hosting the national Convention on `building the property vision' in Bangalore during November 22-24. The Deputy Prime Minster, Mr L.K. Advani, ... More

EXPORTS & IMPORTS


Non-basmati varieties may take a beating
THE country's non-basmati rice exports are expected to decline from one million tonnes last quarter to 5 lakh tonnes this quarter on account of various domestic and international factors. On the international front, Philippines has already ... More

ALTERNATIVE MEDICINES


Kalam calls for more research on ayurveda
THE President, Dr A.P.J. Abdul Kalam, has highlighted the need for subjecting ayurveda to vigorous research and integrating the same with biotechnology for the purpose of invention of newer drugs. Dr Kalam, who is on a visit to the State, ... More

TOURISM


Buddhist legacy of Himachal
THE remote valleys of Lahaul, Spiti and Kinnaur in Himachal Pradesh have strong Buddhist traditions. Splendid gompas, Buddhist monasteries built along bare mountainsides, are a part of the rugged terrain. These are the repositories of a wealth of ... More

Kerala Tourism scores at London travel mart
THE Kerala Tourism stall attracted widespread interest at the recently concluded World Travel Mart in London. According to a spokesman of the Department of Tourism, the stall put up by the State at the WTM spanning four days from November 11 ... More


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Top Stories
Tata Tele sees future for big, integrated players


Industrial fuels sale up in October

Kelkar report — More woes for salaried, aged

Festive October brings smile back to auto sector players

Met office aiming at accurate forecast

Non-basmati varieties may take a beating

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Nov. 10-Nov. 16
Investment pattern of EPF monies in for change

Trials on AIDS vaccine early next year

3 crore Indians are diabetic: WHO

Business confidence at June level: NCAER

CST phase-out from April 2004

Project investments flat in Sept quarter: Survey

Minister says SCI sell-off could be delayed further


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