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Thursday, December 26, 2002

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INDUSTRY & ECONOMY

NON-CONVENTIONAL ENERGY


KREDL to add 1,500 MW of biomass-based power
IN a bid to tap the potential of non-conventional energy sources in the State, Karnataka Renewable Energy Development Ltd (KREDL) is planning to set up about 200 units of biomass-based power plants. These power plants, with a capacity to ... More

ANTI-DUMPING


Dumping duty on PSF imports suggested
THE Designated Authority in the Commerce Ministry has recommended the imposition of definitive anti-dumping duty on certain imported polyester staple fibres (PSF) from South Korea, Malaysia, Thailand and Taiwan. In its final findings announced ... More

AWARDS & HONOURS


National design award
HYDERABAD: Mr S. Sengupta, Head of Telecom Operations of the Electronics Corporation of India Ltd (ECIL), has been awarded the prestigious "National Design Award 2002", by the Institution of Engineers. The award is in recognition of ... More

CONSUMER ELECTRONICS


Consumer electronics cos upbeat on growth
UPBEAT about the current growth in the segment, the consumer electronics manufacturers have set optimistic targets for themselves for the next year. The industry proposes to exit the year 2002 with a growth of about 20 per cent for the colour ... More

ENVIRONMENT


Plastic makers' move to rid Tirumala of waste
THE Andhra Pradesh Plastic Manufacturers Association (APPMA) has come forward to extend a helping hand to the Tirumala Tirupathi Devasthanam (TTD), to rid the temple town of plastic wastes. Though the TTD imposed a ban on the usage of plastic ... More

FOREIGN TRADE


Saudi keen on joint ventures to boost trade
IN order to improve bilateral trade with India, businessmen from Saudi Arabia have invited their counterparts here to enter into joint venture projects in pharmaceuticals, IT and food processing. The total bilateral trade, excluding oil ... More

HEALTH


Free cardiac diagnostic service
BANGALORE: "Heart-on-Wheels", a mobile cardiac diagnostic lab, fitted on to a bus would traverse through rural Karnataka from December 27 offering free diagnostic services to the under privileged. The mobile lab, a joint effort by ... More

Meet on holistic health
BANGALORE: The city is hosting a five-day Global Holistic Health Summit from January 12 to 17. About 350 international and 100 Indian delegates are expected to participate in the summit, which is expected to bring doctors from ... More

PSU


Salinity forces PSU units' closure
Officials said that an immediate solution to the problem would be to let out more water from the Edamalayar dam from wherein the tail race water would flow to Bhoothathanketu dam where the water collects and is let out in the Periyar river. More

PETROLEUM


IOC to unveil high-end fuel in 25 cities
AFTER a lull of four months, Indian Oil Corporation Ltd's high-end fuel `Premium' is set to move out of Delhi. The company has plans to launch `IOC Premium' petrol and `Super Diesel' in Gujarat "before the end of this month''. Following this, ... More

LPG prices rising sharply on cross-subsidisation
The total annual demand for LPG in the country is 7.7 million tonne and, of this, 6.8 million tonne is for domestic supply under the subsidised scheme. A subsidy of about Rs 90-100 is doled out for a 14.2-kg cylinder. More

TAXATION


Kelkar may cheer consumers
THE Kelkar Committee on Indirect Taxes, which is scheduled to submit its final report on Thursday, is now expected to recommend specific duty rates for petrol and high speed diesel (HSD), besides pruning the excise duty rate for car ... More

TEXTILES


HC stays circular disallowing duty drawback — Textile exporters win reprieve
THE Tamil Nadu-based Textile Exporters Federation of South India (TEFSI) has got a High Court stay against the operation of the Department of Revenue (DoR) circular that disallowed payment of brand rate of duty drawback. Thus the nearly ... More

WATER


Project to plug leakages: BWSSB to shortlist bids
One of the first such in the country, the Japan Bank for International Cooperation-funded project to plug leakages in the potable water distribution system will be initially implemented in five service stations in the city's older areas covering 40,0 00 users, or 10 per cent of the board's connections. More

TN objects to Kerala project for water diversion
THE Tamil Nadu Government has expressed objection to the Kerala Government's proposal to construct a Rs 2.75-crore weir across the Bhavani river, a tributary of the Cauvery. According to a copy of a letter circulated to the press, the Tamil ... More

Meet focuses on need to conserve water
POPULATION explosion, reckless deforestation and lack of awareness on the need to conserve water have been the main causes for the present day water problems either for drinking or irrigation purposes. All efforts would have to be made to ... More

BREWERIES


TN Govt policy for wine making on cards — AF Ferguson to identify cos
The Government will also shortly frame the rules and regulations and initiate the process of identifying international players in wine making. More

GEMS & JEWELLERY


EU says no to `blood' roughs
THE European Community (EU), the largest trading centre in rough diamond, has finally said `no' to conflict (rough) diamonds. Rough diamonds are the raw material for the diamonds polishing industry. By adopting the new regulation on Monday, the ... More

INDUSTRY ASSOCIATIONS


Cell-phones fastest growing sector, says CII study
WHILE 2002 was a year of recovery and steady growth for the services sector, most sectors are optimistic about the coming year too. This has been indicated in a survey conducted by the Confederation of Indian Industry (CII). The survey ... More

HANDLOOM


Handloom expo till Jan 2
THIRUVANANTHAPURAM: Handicrafts Development Corporation of Kerala Ltd has organised a handicrafts and handloom exhibition in Thiruvananthapuram as part of its Christmas celebrations.The exhibition, which was inaugurated on Tuesday, will ... More

JUTE


Jute traders seek curbs on imports from Bangladesh
THE recent demand by the Jute Balers Association to restrict import of raw jute into India from Bangladesh appears a tactical move. The request was made by Mr Nirmal Kumar Bhutoria, the outgoing President of the association, at its 93rd annual ... More

SCIENCE & TECHNOLOGY


ISRO plans to launch Edusat
It plans to fly the two-tonne satellite as GSAT-3 on its own launch vehicle, GSLV-D3, to provide one of the first of its educational satellites of its kind. The definition of the satellite had been completed, the ISRO Chairman, Dr K. ... More

Antony lauds CESS lab work
THIRUVANANTHAPURAM: The Chief Minister of Kerala, Mr A.K. Antony, said that the geomatics laboratory of the Thiruvananthapuram-based Centre for Earth Science Studies (CESS) would aid development activities in the State by improving data ... More

DISINVESTMENT


SCI carrier plans kick up storm
THE decision of Shipping Corporation India (SCI) to invest around Rs 650 crore on buying two large crude carriers before its disinvestment has raised a storm in the Ministry of Disinvestment. What has baffled the Ministry officials is the way ... More

Demerger plan hits hurdles — Maritime institute valued at Rs 53 cr
The society is currently pursuing a few schemes for implementation during the 10th Plan aided by a Plan support of Rs 13 crore. "This will make the society self-sufficient before becoming a deemed university. We are not keen on taking over a white el ephant like MTI," says a society official. More

HPCL, BPCL disinvestment — Markets seem to favour strategic sale
HPCL disinvestment should fetch a substantial amount to Government's kitty due to various factors like its asset value, distribution reach and efficiency of management. More

RURAL DEVELOPMENT


WLL reaches the villages via postmen
THE Grameen Sanchar Sewak (GSS), a pilot project of Bharat Sanchar Nigam Ltd (BSNL) to provide accessibility of public telephone to the rural population by using wireless in local loop (WLL) technology, is a unique step, which ought to be ... More

LABOUR REFORMS


`Globalisation calls for changes in labour laws'
THE policies adopted in Tamil Nadu for the welfare of the unorganised sector have been taken as a model by the second National Labour Commission while drafting the `Unorganised Sector (Employment and Welfare) Bill', according to Mr M.B. Pranesh, ... More

CONSUMER ACTIVISM


Consumer protection laws need revamp: Kerala CM
THERE is a need to revamp and update consumer protection laws so that the interests of consumers are safeguarded, according to the Chief Minister, Mr A.K. Antony. Speaking at the valedictory session of a programme organised in the city to mark ... More

ALTERNATIVE MEDICINES


EU headache brews for traditional drug makers
FOR once may be the formidable Chinese traditional medicine sector ought to join hands with its Indian counterpart to ward off "perceived entry barriers" into the European Union. Come 2005 and traditional herbal medicinal products would be put ... More

STANDARDS & BENCHMARKS


Delhi Metro Rail gets green certification
THE Delhi Metro Rail Corporation (DMRC) has been awarded the ISO 14001 certification for environment-friendly construction and operations. This certification, according to a press release, makes it the second metro system in the world after the ... More
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Top Stories
Plastic makers' move to rid Tirumala of waste


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In Focus
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Small Investor
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 15-Dec. 21
Bio-diversity Bill: Choking bio-piracy or research?

Piracy deals blow to music industry

Ascon survey shows rise in industrial output

Divestment panel draws roadmap for TCIL — `Merge Semiconductor Complex with a PSU'

It's destination biogenerics for pharma

Diesel sales dip in November

`Kautilya's may be alternative model'

Rs 11,000-cr gap in direct tax collections

Withering orders dry up flower exporters' coffers

Specific duty for petrol, diesel likely


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