Financial Daily from THE HINDU group of publications
Tuesday, November 26, 2002
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Financial Daily from THE HINDU group of publications Tuesday, November 26, 2002 |
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INDUSTRY & ECONOMY BUDGET Kerala: Budget exercise focuses on need for austerity THE Department of Finance has cited the serious financial constraints being faced by the State Government and called for the imperative need to observe "extreme austerity" while preparing the State Budget for 2003-04. In a circular issued by ... More ECONOMY `Reforms have bypassed bullock cart economy' Economic reform, which heralded important changes such as allowing FDI, industrial delicencing, opening up of select sectors and growth in IT exports, has benefited only the `Business class economy', says the report More
Chidambaram pulls up Govt on reform `slips' ENVIRONMENT Draft plan focus on reversing eco erosion THE draft of the National Biodiversity Strategy and Action Plan (NBSAP), which took 30 months in preparation, focuses on conserving biodiversity for the protection of ecological and livelihood security of the country. According to Mr Ashish ... More FOREIGN TRADE Singapore Minister for steps to boost ties with India MR George Yeo Yong-Boon, Minister of Trade and Industry, Singapore, has called for concrete steps to further strengthen the existing relationship between the two countries. Speaking at a session on India-Singapore trade relations at the World ... More INFRASTRUCTURE Karnataka Govt in talks with Centre for Rs 35-cr urban funds Karnataka's bid to seek money from the URIF comes in the wake of the State's recently launched Rs 170-crore development initiatives for Bangalore. More
Kerala local bodies urged to raise more funds PETROLEUM ONGC, Reliance bag most oil blocks; sugar buffer okayed OIL and Natural Gas Corporation (ONGC) and Reliance Industries Ltd (RIL) have bagged 22 out of the 23 oil and gas blocks for which bids were received under the third round of the Government's New Exploration Licensing Policy. The Cabinet ... More PHARMACEUTICALS `Venture capital support key to boost drug R&D' "Unlike information technology, India does not have the reputation of being a strong player in life sciences. Further, there is a negative perception about India with regard to confidentiality and intellectual property protection." More POWER BSES unit seeks loan recast BSES Kerala Power Ltd (BKPL), a subsidiary of power major BSES Ltd, has sought restructuring of its term loans to avoid becoming a non-performing asset in the lenders books after December 31, 2002. The 165 MW combined cycle power plant which ... More
BEST upgrades distribution system TEA UDF panel moots tax waiver for tea A UNITED Democratic Front (UDF) sub-committee which had assessed all the issues arising out of the crisis in the plantation sector has suggested that tax on plantation tea be considered only after the price of the commodity reached Rs 63 per ... More RADIO/TV CNBC India shifts to Zee-Turner co TELEVISION Eighteen (TV 18) India Ltd-promoted CNBC India is switching sides. The business news channel, which is currently being distributed by SET (Sony Entertainment Television)/ Discovery Alliance One is set to move to the Zee-Turner joint ... More EDUCATION Tailormade MBAs to suit precise industry needs? HOW can B schools give better product (MBAs) to the user (industry)? Are management institutes aware of what the industry needs? These were some of the issues that were tackled by professors and practitioners at the `Industry-B schools ... More
Book publishing school to create trained manpower TELEVISION SETS Diwali fails to spark BPL colour TV sales — Brand slips out of top five THIS Diwali was surely different for BPL, the leading domestic consumer durables company. After topping the Indian colour television business for a decade, the brand, failed, for the first time, to make it to the top five CTV makers, if the ... More MEDICAL INSTITUTIONS & HOSPITALS President to inaugurate lab at CARE Hospitals THE President, Dr A.P.J. Abdul Kalam, will inaugurate the Cath Lab at the CARE Hospitals here on Tuesday. The indigenous Cath Lab, set up at a cost of Rs 50 lakh at CARE corporate hospitals, will be able to undertake a coronary angiogram at ... More READYMADE GARMENTS Garment exports surge 15.2 pc in April-October THE readymade garment exports which commands a considerable chunk in textile exports did reasonably well during the first seven months of the current fiscal (April to October), logging a growth of 15.22 per cent in terms of value and 12.35 per ... More DISINVESTMENT 
Mumbai Centaur sale by Batra to Sahara in order, says ShourieTHE sale of Centaur Hotel Airport Mumbai by Batra Hospitality Private Ltd (BHPL) to the Sahara India Group for Rs 115 crore in October was in order, according to the advice given by the legal advisors to the Government, the Union Disinvestment ... More RURAL DEVELOPMENT Khadi board to fund 137 rural units in State THE Andhra Pradesh Khadi and Village Industries Board (APKVIB) has firmed up plans to fund 137 units with an outlay of Rs 4.83 crore that will help generate employment to about 800 people in rural areas, according to the Board Chairman, Mr L. ... More TRADE & LABOUR UNIONS Nabard staff decry labour report THE Central Executive Committee of Nabard Employees Association, which has been in session, has said that the contents of the Second National Labour Commission are in the nature of openly declaring war with the working class of the country. The ... More
Officers back KSEB staff strike EVENTS 
Lots of actionMr N.R. Narayana Murthy, Chief Mentor, Infosys Technologies, with Mr Azim Premji, Chairman, Wipro Ltd, at the India Economic Summit 2002, in the Capital on Monday. |