The Hindu Business Line : Saturday, December 07, 2002

Go fast on reforms: World Bank
THE World Bank has urged India to accelerate its reforms to sustain progress in poverty reduction with a view to meeting the Millennium Development Goals (MDGs) agreed upon by the global community. In a mid-term progress report on its Country ... More

INFRASTRUCTURE

Down the drain
Huge cement pipes meant for a sewage project are lying scattered in Chennai. The project has been on the anvil for some time.

POWER

Power regulator withholds nod to APTransco pact
THE Andhra Pradesh Electricity Regulatory Commission (APERC) has stated that it would consider grant of consent for the power purchase agreement (PPA) of the Transmission Corporation of Andhra Pradesh (APTransco) with the Generation Corporation ... More

REC to give addl Rs 1,000-cr loan to APTransco
THE Rural Electrification Corporation (REC), a Central Government undertaking, would be providing an additional loan of Rs 1,000 crore to the Transmission Corporation of Andhra Pradesh (APTransco) under the high voltage distribution system (HDVS) ... More

TEXTILES

Powerloom sector wants excise on yarn to go
THE decentralised powerloom industry has suggested total withdrawal of excise duty on cotton yarn to make the domestic weaving sector competitive and bring down the cost of production of fabrics. The sector has also suggested retaining the ... More

TYRES

Tyre dealers want MRP labelling to stay
THE All-India Tyre Dealers Federation has urged the Government not to yield to the pressures of the tyre manufacturers and withdraw the mandatory embossing of the MRP (maximum retail price) labelling . The federation has also demanded the ... More

WATER

Govt invites RINL, NTPC to take part in Vizag water project
THE Andhra Pradesh Government has invited Rashtriya Ispat Nigam Ltd (RINL) and NTPC, which operate the Vizag Steel Plant and the 1000-MW Simhadri Thermal Power Plant in Visakhapatnam, as well as other major industries based in and around the ... More

RADIO/TV

TV software cos make a beeline for good ol' DD
Not only are some of the old DD hits being lapped up by private satellite channels, but also, a number of producers who had walked away from the national broadcaster are returning to DD. Recently, Sony Entertainment Television (SET) commenced ... More

GEMS & JEWELLERY

Sparkling couture
Models display outfits embellished by Swarovski Crystals at the launch of a coffee table on crystal embellishments on traditional Indian weaves in New Delhi on Thursday evening. ... More

REAL ESTATE & CONSTRUCTION

TN Samadhan scheme nets Rs 95 cr
THE Tamil Nadu Government has collected Rs 95.54 crore under the Samadhan scheme 2002 announced to clear documents pending registration, according to a Government press release. The scheme open between October 1 and November 29 was to release ... More

INDUSTRY ASSOCIATIONS

HR team from CII to visit Singapore
A DELEGATION of heads of human resources from the Confederation of Indian Industry will be visiting Singapore and Malaysia from December 10 to 14 to build relations on softer issues with the Asia-Pacific region. This delegation comprises ... More

SCIENCE & TECHNOLOGY

Indo-Russian GIS meet in Hyderabad
LEADING Indian and Russian industries in the area of geographical information systems (GIS) are expected to take part in the Indo-Russian Forum for Geo Information Technology Exchange (IRF-Geo), to be held in Hyderabad during December ... More

DISINVESTMENT

ONGC, Iffco-Kribhco may be allowed to bid for HPCL
OIL and Natural Gas Corporation Ltd (ONGC), Gas Authority of India Ltd (GAIL) and fertiliser co-operative majors, Iffco-Kribhco combine may be allowed to bid for HPCL when it is put up for privatisation through the strategic sale route in a ... More

EVENTS

Meet on cancer drug design
TO popularise BT (biotechnology) and to bring it face-to-face the researchers and the pharma companies in Pune, TiE (The IndUS Entrepreneurs) is organising a seminar on `New developments in the field of anti-cancer drug design' on December 14. ... More

TOURISM

Nepal dispels tourists' fears
AS part of its ongoing endeavour to find favour with Indian tourists, Nepal has assured visitors of personal safety and security. An assurance on tourists' safety is said to have been given by the Maoist elements too, who are opposed to the ... More

ECONOMIC OFFENCES

Payments to Govt officials — `Xerox pay-offs thru staff, dealers'
The auditors have reported that during fiscal 2001, the company wrote off/adjusted Rs 81.74 lakh as due from former employees. More

Joshi panel lays down ways to check fly-by-night operators
STRENGTHENING of the mechanism for verification of persons forming companies was one of the important aspects studied by the R.D. Joshi committee, which submitted its report to the Union Government some time ago. Taking note of the reality of ... More

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