Financial Daily from THE HINDU group of publications
Thursday, December 05, 2002
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Financial Daily from THE HINDU group of publications Thursday, December 05, 2002 |
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INDUSTRY & ECONOMY ECONOMY Bursting of Japan's `bubble' economy IT is the story of a roaring Asian tiger that dominated the global business jungle for long years suddenly finding itself transformed into an ageing groaning weakling, unsure of its economic future. Japanese are ruing the last decade - the ... More FOREIGN TRADE 
Putin has corporate India wide-eyedWHEN the Russian President, Mr Vladimir V. Putin, comes calling, captains of Indian industry sit up and listen. This was evident at a business luncheon meeting here on Wednesday, which was attended by the who's who of India Inc. At the ... More
India, Russia sign pacts to increase level of trade INFRASTRUCTURE L&T likely to take stake in Jaipur-Kishangarh project LARSEN & Toubro Ltd, which had lost out in the bid for the improvement of the Jaipur-Kishangarh of NH-8 when fresh bids were invited, is likely to take an equity stake in the project. It is also likely to be the contractor to execute the ... More PSU PETROLEUM `Recent finds make NELP-IV attractive' THE Minister of Petroleum & Natural Gas, Mr Ram Naik, has said that the significant hydrocarbon discoveries made recently in the country have greatly enhanced the prospects of finding more oil and gas reserves in the country. Inaugurating a ... More POWER KPCL signs pact with 6 washeries for coal supply THE state-owned utility, Karnataka Power Corporation Ltd (KPCL), has entered into an arrangement with six coal washery companies for supply of washed coal. A KPCL release said here, these companies, Aryan Energy Ltd, Kolkata, Global Coal and ... More
Govt hopeful of more funds from IPPs STEEL Steel dues may be recovered from export proceeds THE Government is considering the possibility of mandatory repayment from the export proceeds of the defaulting steel companies as part of the proposed restructuring package for the industry. This non-conventional route is likely to be adopted ... More TAXATION Direct tax receipts slow down in April-Nov period THE forewarning in the mid-year review of the economy that revenue collections could see some pressure in the second-half of the current fiscal is becoming more than evident. With refunds crossing the Rs 15,000-crore mark, the growth in the ... More WATER Vizag industries facing water crisis THE spectre of severe water crisis faces heavy industries based in Visakhapatnam, following farmers residing near the Raiwada reservoir, which accounts for 40 per cent of the water supply to the city, launching an agitation against the release of ... More RADIO/TV Doordarshan bets on cricket THE first eight months of the current fiscal may not have been great for Doordarshan, but the forthcoming cricket World Cup is expected to help the national broadcaster meet its revenue targets. Till November 30, 2002, revenues stood at Rs ... More EDUCATION Bluedot stamp for caring corporates THE Nalanda Foundation, a not-for-profit organisation established by the Infrastructure Leasing & Financial Services Ltd, recently unveiled a programme that recognises socially sensitive and caring corporates that are committed to the cause of ... More READYMADE GARMENTS Garment exporters told to send US cargoes by ship WITH 100 per cent utilisation of T-shirt quotas, garment exporters have been asked to make their remaining shipments only by sea. This would ensure that the consignments reach the US only by mid-January, sources said. Though this step would ... More DISINVESTMENT Govt to review Centaur deal if found illegal THE Government will review the controversial Centaur Hotel disinvestment deal with the Batra group if the Law Ministry finds it fraudulent or illegal, the Disinvestment Minister, Mr Arun Shourie, said in the Rajya Sabha on Wednesday. Replying ... More
Move to privatise CSL opposed
Punjab Tractors sale will trigger open offer in arms FOREIGN DIRECT INVESTMENT JC Bamford FDI proposal among 20 cleared THE UK-based J.C. Bamford Excavators' proposal to increase its stake in the Indian subsidiary, J.C. Bamford Excavators Ltd, joint venture company with the Escorts group, from the present 60 per cent to 100 per cent involving foreign direct ... More SOCIAL WELFARE Dean Foundation scouting for corporate support Since its inception in October 1999, the foundation has taken care of 402 terminally ill patients. Of them 301 have been cancer patients. More EVENTS 
Energy Conservation Act — Industry given 5 years on power consumption normsTHE Energy Conservation Act 2001 provides enough time for the industry to adopt the consumption norms that will be prescribed as part of the Act before the penal provisions of the legislation will apply, according to the Union Power Secretary, Mr ... More
Tooltech show opens today
PM to open investors' meet on Jan 18
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