Financial Daily from THE HINDU group of publications
Thursday, November 21, 2002
Markets (Nov. 20)
BL 2501053.28 (-3.27)
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Dollar (Buy/Sell)48.18/48.31
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    CONSUMER ELECTRONICS


    Consumer durables from China set to make a splash
    HAVING overrun the European and American markets, the Chinese consumer durables companies are now eyeing the Indian market. First, it was TCL Overseas Holdings Ltd making a re-entry into the Indian market and now it is GZITIC Hualing Group, ... More

    ECONOMY


    Moody's holds talks with Govt on rating review
    OFFICIALS of the global credit rating agency, Moody's Investors Service today held discussions with senior Finance Ministry officials, ahead of the promised upgrade of India's foreign currency rating. Last week, Moody's had said that India's ... More

    Fiscal deficit under control: Narayan
    WITH key economic indicators including industrial production showing an upturn, the Finance Ministry is optimistic of reining in fiscal deficit at the budgeted level of 5.3 per cent of the gross domestic product (GDP) during the current fiscal. ... More

    Licensed and delicensed sectors — Maharashtra heads list of investment proposals
    FRONTLINE industrial States continue to apply for manufacture of items in the licensable sector since the post-reform period from mid-July 1991 till October 2002. Tamil Nadu, Maharashtra, Gujarat and Andhra Pradesh have emerged as States ... More

    ENVIRONMENT


    Environmental health action plan on the anvil
    THE Union Ministry of Environment and Forests has initiated work on the national environmental health action plan, which would envisage action for the protection of public health that stands threatened by environmental pollution. The Union ... More

    HOTELS


    Hotel occupancy in Chennai rises — But no signs of foreign groups
    Hotels are also trying to shore up the bottom line with food and beverage sales. More

    PETROLEUM


    Oil cos' diesel margins fall 50 pc
    MARKETING margins of diesel, which forms almost half of all the petroleum products sold in the country, have fallen by almost 50 per cent in the past couple of months. The returns to oil marketing companies on every kilolitre of diesel sold has ... More

    TAXATION


    Kelkar proposals on search cases flayed
    THE Merchants Chamber of Commerce here has stated that the Vijay Kelkar panel proposal omitting the special procedure for assessment of search cases, which provides for tax at 60 per cent of the concealed income and levies full penal consequences ... More

    TEXTILES


  • Notice on hank yarn obligation amended

    SSI


    'Kelkar proposals to hit SSI units'
    THE Tamil Nadu Chamber of Commerce and Industry has strongly objected to the recommendation made by the Task Force led by Dr Vijay Kelkar for reduction of the Central excise exemption limit for small-scale industries. The Chamber President, Mr ... More

    K-bip listing facility for units in Kerala
    KERALA Bureau of Industrial Promotion (K-bip), an autonomous body of the State Government, has come out with an offer for Kerala-based manufacturers and exporters of industrial products to list themselves on the official More

    SSIs plead for more amenities
    BANGALORE: The small-scale industry in Kumbalgod and Kamakshipalya industrial estate has asked the Minister for Small-Scale Industry, Mr Roshan Baig, to provide more civic amenities, approach roads, sewage systems, solve electricity ... More

    RADIO/TV


    BBC sees no threat from other news channels
    BBC World, the international news and information channel, has made considerable gains in its advertisement revenues from the Asian region, away from the traditional European or American markets. The first nine months of the calendar year have ... More

    HCV/LCV/TRACTORS


    SBI Kerala, Shriram ink pact for truck finance
    SIL will assist designated branches of SBI with identifying eligible beneficiaries for finance and help them complete formalities connected with loan disbursement and registration of vehicles. More

    WASHING MACHINES


    Washed out?
    After rapid growth rates, the washing machines segment has seen lukewarm sales, hit by a variety of factors. More

    MEDICAL INSTITUTIONS & HOSPITALS


    Chiranjeevi blood bank to be upgraded
    CHARITABLE institutions which want to set up blood banks on non-commercial lines will not face any hurdles or objections from the Drug Control Administration in getting clearances, according to Mr P. Ananthasayanam Reddy, senior police official ... More

    REAL ESTATE & CONSTRUCTION


    Builders vie for space in Bannerghatta area
    IN 1992, when students of the Indian Institute of Management (IIM), Bangalore had to get into the city, it was a major expedition. In fact, they had to plan their visit, wait for the institute bus to ferry them to the city and back. Today, 10 ... More

    Housing without the hassle
    With builders offering a range of post-sales services from arranging for rentals and payment of dues to cleaning of apartments, owning a house comes without the bother. More

    LEATHER


    Low occupancy at Leather Complex — Kolkata tannery row worries exporters
    WHAT was expected to happen at least seven months ago in March this year happened all off a sudden earlier this week when the State Government decided to crack down on tanneries still operating at their original locations on the city's eastern ... More

    INDUSTRY ASSOCIATIONS


    Chamber urges Mexico to relax visa norms
    THE PHD Chamber of Commerce and Industry (PHDCCI) has called upon the Mexico Government to relax its rigid visa norms to strengthen the bilateral trade ties between the two countries. Speaking to newspersons here on Wednesday about the recent ... More

    SOCIAL WELFARE


    IIA to launch social welfare programmes
    INDIAN Institute of Architects (IIA), Kerala Chapter, plans to undertake various social welfare programmes during 2002-04, which would be officially inaugurated on Thursday. Speaking to newspersons, the first Chairperson of the IIA Kerala ... More

    EVENTS


    Sweden courting Pune cos
    PUNE, the erstwhile land of the Peshwas and currently one of the strongest bastions of the information technology boom, is busy this week in a slow waltz with the denizens from the land of Alfred Nobel and Ingmar Bergman. The two-day seminar on ... More

    Foundry meet to discuss trends, technologies
    TO enhance the competitiveness of the Indian foundry industry, the Confederation of Indian Industry (CII), Southern Region, is organising a two-day conference here on November 22 and 23 - Foundry 2002. The event is expected to focus on ... More

    IISc to host seminar
    BANGALORE: The Department of Management Studies, IISc and Shri Ram Centre for Industrial Relations and Human Resources New Delhi are jointly organising a seminar on "developing culture of high performance" on December 12 and13 at the ... More

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    Top Stories
    Andhra Bank cuts rates on credit card rollover balance


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    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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