Financial Daily from THE HINDU group of publications
Wednesday, January 08, 2003
Markets (Jan. 07)
BL 2501130.59 (+0.32)
BSE Sensex3330.50 (-4.39)
S&P CNX Nifty1081.80 (-2.55)
Dollar (Buy/Sell)47.94/48.06
Gold Std (10 gm)5660 (-70)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INDUSTRY & ECONOMY

ECONOMY


Lack of will hampering growth, says Prahalad
INDIA has a good knowledge base and all the prerequisites to achieve 10 per cent growth rate but it lacks the will to put it to best use, Dr C.K. Prahalad, Harvey C. Fruehauf Professor of Corporate Strategy at the University of Michigan Business ... More

`Retail financial services can rev up economy'
THE retail financial services market with a potential $15 billion for the year 2003 is expected to be a key driver to the Indian economy, even as the Indian banks can look forward to a phase of rapid settlement of non-performing assets (NPAs), ... More

Will the Bush package make a difference?
AS this is being written, the US President, Mr George W. Bush, is readying an array of fiscal incentives to get the US economy moving into high gear. He has cause for concern. About a decade ago, his father won the war with Iraq on Kuwait ... More

Tax reforms vital for 8% growth, says CII
The Managing Director, Hero Corporate Services, and Chairman of CII, Economic Affairs Committee, Mr Sumit Kant Munjal, said the issue of rationalisation of tax structure was necessary if we have to hasten economic growth. More

ENVIRONMENT


Kerala: Panel moots Bill for increasing tree cover
THE first report of the State Law Reforms Committee has proposed a Kerala Promotion of Tree Growth in Non-Forest Areas Bill, 2002, with the express purpose of amending existing laws on trees and transit of timber so as to encourage farmers to ... More

FERTILISERS


K-G find spurs plans for fertiliser units
IN the light of the recent discovery of natural gas in the Krishna-Godavari basin and West coast, the Union Government has plans to revive proposals for setting up additional ammonia and urea manufacturing capacity within the country, according ... More

FOOD & DAIRY PRODUCTS


Biscuit industry sticks to tried and tested recipes
GROWTH in the over 40-year-old Indian biscuit industry has remained slow. Back-of-the-envelope calculations will show that per capita consumption is less than Rs 3 per month on biscuits or less than Rs 15 per household per month. This is ... More

FOREIGN TRADE


Czechoslovakia keen to expand trade contacts
THE Deputy Minister for Industry and Trade of Czechoslovakia, Mr Miroslav Somol, has called for greater efforts to explore and grow the trade potential between the two countries. Addressing a meeting organised by the Confederation of Indian ... More

INFRASTRUCTURE


AP: Rs 12,000-cr refinery among 41 MoUs worth Rs 17,204 cr signed
FORTY-ONE projects worth Rs 17,204 crore, including a major Rs 12,000-crore petroleum products project of Transworld Corporation USA Inc, an Rs 260 crore speciality paper project of ITC and several biotech and tourism projects are among many new ... More

Vizag-Hyderabad LPG pipeline
HYDERABAD: The Vizag-Hyderabad LPG pipeline project of GAIL India would be completed by April, 2003, according to Mr Vijay Goel the Union Minister of State in the Prime Minister's Office (PMO), and Statistics and Programme ... More

PHARMACEUTICALS


Watershed year for diabetics
THE year 2003 may turn out to be a watershed for diabetics. It started with Eli Lilly (India) slashing the price of human insulin by 33 per cent in a single stroke. In a few months, Wockhardt and Biocon India plan to introduce human insulin in ... More

POWER


TNEB to get more thermal coal via coastal route
IN the current quarter (January-March), Tamil Nadu Electricity Board (TNEB) will receive more thermal coal by the coastal route than it did in the previous quarter (October to December). At the recent coal linkage committee meeting, TNEB ... More

SSI


`Modify credit norms for SSIs'
THE forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and the poor infra-structure, the Confederation of Southern Small Industries Association (Conssia) has said. In a pre-Budget ... More

Codissia in spot over trade fair complex — Seeks grant to meet SIDBI commitments
THE Coimbatore District Small Industries Association (Codissia) is scouting for options to generate additional resources to meet its payment commitments to Small Industries Development Bank of India (SIDBI) for the loan it had taken for ... More

DISINVESTMENT


Bickering Ministries hold up HPCL divestment
The Petroleum Ministry has suggested that the successful strategic buyer should be bound to complete the 9-million-tonne Bhatinda refinery by building suitable clauses in the shareholders' agreement for the sale. More

IPR


Nations must innovate, patent IPRs
"NO developing nation can survive unless it can sell something to some other nation and to do so most effectively in a technology-oriented world, it would be imperative to focus on issues veering around Intellectual Property Rights (IPRs) and ... More

INTERVIEW


`GDP may run upstream thru river link' — Mr Suresh Prabhu, Chairman, Task Force on Linking of Rivers
MR Suresh Prabhu, former Union Minister for Power, has no regrets over having to vacate the portfolio. For, the task that has been entrusted to him as Chairman of the three-member Task Force on Linking of Rivers is of far greater importance, ... More

Muthiah calls for review of Securitisation Act
`There is a need for them to go into the cause of the default instead of just saying that if you don't pay interest for two quarters you become an NPA.' More

EVENTS


Kerala: Investors' meet attracts 560 delegates so far
AS many as 560 delegates have so far confirmed participation at the Global Investors' Meet (GIM) being organised by the State Government in Kochi on January 18-19. This is in excess of a maximum of 500 delegates expected by the Government and ... More

  • Thiruvananthapuram Engagement

    PEOPLE


  • Chandak to head SAFA
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    `GDP may run upstream thru river link' — Mr Suresh Prabhu, Chairman, Task Force on Linking of Rivers


    EU, US cut export subsidy; global supply tightening — Domestic milk powder prices on a roll

    TRAI map for mobile trunk radio services

    Biscuit industry sticks to tried and tested recipes

    In Focus
    Inside China

    Stock scam unravelling
    Petrol pump controversy
    Kelkar Report
    Reliance & Telecom Competition
    2002: A drought year
    Gold: Still the winner?
    Oil PSUs: Disinvestment dilemma
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 29-Jan. 4
    BJP, allies rap panel proposals

    Kelkar suggestion on edible oil duty a healthy one

    Traditional items push export growth in H1

    Tea futures marks Upasi bid to be supply chain leader — Mr N. Dharmaraj, Chairman of Upasi Tea Committee

    Gasohol programme watered down

    Ascon study upbeat on manufacturing sector

    Exports post 16% growth in Nov

    `Manufacturing must focus on tech'

    Rice exporters fault Govt policies, fear loss

    Will PPF retain glitter in the long run?


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line