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Monday, February 10, 2003

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INDUSTRY & ECONOMY

ECONOMY


TN may curb pension, salary expenses in Budget
Salaries and pension together account for as much as 94 per cent of the State's own tax revenues, while it is more than 50 per cent of the total revenue expenditure of the Government. More

India Inc worried over weak demand: FICCI survey
THE Business Confidence Survey (BCS) of FICCI for the third quarter of 2002-03, which elicited response from 521 companies, presents a mixed picture. While the companies surveyed were significantly optimistic about the current and anticipated ... More

Industrial production index up in 2000-01
The number of small-scale industries in the State went up to 2.58 lakh from 2.40 lakh the previous year. More

Left out of business in Kerala
NO one can hope to fathom the complexities of Kerala's politics and economics without understanding the role and power of the Left in the State. While in most other States of India, it is a merely marginal presence, the Left enjoys an enviable ... More

ENVIRONMENT


Rampant river sand mining threatens bridges
SAND mining from almost all the rivers in Kerala goes on unabated despite the restrictions and controls imposed by the State Government. It has not only deepened the river beds to below the sea level but threatens the existence of several road ... More

INFRASTRUCTURE


Madurai industrialists keen on cluster development
THE Central Government's Industrial Cluster Development Scheme (ICDS) for upgrading industrial infrastructure through creation of common facility centres has found favour with a section of industrialists in the Kappalur Industrial Estate and food ... More

POWER


Toll-free phone to report power thefts
THE West Bengal State Electricity Board has introduced a toll-free number for getting information on power theft. Dr G.D. Gautama, the Chairman of WBSEB, said that the caller's identity would be protected. Since July 2002, when the new law on ... More

APTransco cuts down T&D losses further
SEVERAL steps initiated by the Transmission Corporation of Andhra Pradesh Ltd (APTransco) have enabled the transmission and distribution system to improve the voltage profile by about 10-12 per cent throughout the State that will have the ... More

ADB loan for power sector likely by Nov
THE State Government should be receiving the Asian Development Bank (ADB) loan for power sector reforms most likely by November this year, according to Mr Kadavoor Sivadasan, Electricity Minister. Speaking to newspersons, the Minister said that ... More

STEEL


Steel producers, users heading for showdown
SAIL, Tatas , Jindal Vijaynagar Steel , Essar Steel and Ispat Industries have increased the prices of their hot rolled products by around 70 per cent during the past 10 months. More

COAL


Coal-bed methane: ONGC-CIL pact cleared
THE Union Ministry of Petroleum and Natural Gas has approved an MoU signed between Oil and Natural Gas Corporation (ONGC) and Coal India Ltd (CIL) for collaborative exploration and exploitation of Coal-Bed Methane (CBM) through a joint venture ... More

RADIO/TV


Presumptive tax regime sought for foreign telecasting cos
THE Indo-American Chamber of Commerce (IACC) has suggested modification in the tax structure applicable to foreign telecasting companies (FTCs) in India with a view to making their operations feasible in the country. IACC, in its pre-Budget ... More

EDUCATION


$250-m World Bank credit to improve technical education in Karnataka
The project, which was approved by the World Bank last year, is designed to support engineering colleges, technical universities and polytechnics in achieving their visions of academic excellence. More

AUTOMOBILE COMPONENTS


ACMA sets up cell to check spurious market
NEXT time your mechanic hands over a fat bill when your car comes back from servicing, don't forget to check what parts he has put in. For, according to market estimates, approximately 50 per cent of the after- market for automobile components is ... More

FOODS & FOOD PROCESSING


US move to check terrorist attacks — FDA seeks prior notice of food imports
IN yet another move towards regulating food trade to eliminate possibility of its use for terrorist attacks, the US Food and Drug Administration (FDA) has announced a `proposed regulation' that would require prior notice to FDA before food is ... More

DISINVESTMENT


Formulate medium term sell-off policy: Chamber
THE PHD Chamber of Commerce (PHDCCI) has sought the formulation of a medium-term disinvestment policy over a period of three to five years. In a study conducted by the Chamber on the disinvestment policy, it has stated that that the companies ... More

TRADE & LABOUR UNIONS


Singareni management's plea
HYDERABAD: Following the settlement of issues between the workers' unions and the management of Singareni Collieries Company last week, the management has called upon miners to resume work or else they would lose wages for the relevant ... More

EVENTS


HYSEA seminar
HYDERABAD: The Hyderabad Software Exporters Association (HYSEA) conducted a seminar on leadership role for IT professionals wherein 23 members from large and small and medium enterprises took part. The workshop covered leadership ... More

National seminar on house journals
HYDERABAD: The Public Relations Society of India, Hyderabad Chapter is organising the fifth national seminar on house journals here during February 22 and 23. Around 200 delegates from various fields of management, communications, ... More

  • Orders worth $15 m generated at IETF fair

    ENTREPRENEURSHIP


    Think new, everytime
    Innovation is a pattern of thinking that challenges the status quo at all levels. As companies try to keep pace with rapid changes in technology, new markets and unstable business environments, innovation should be systematic, continual and built i nto the organisation's DNA. More

    SISI entrepreneurship programme
    HYDERABAD: The Small Industries Service Institute (SISI), here is organising a one-month entrepreneurship development programme (EDP) on `servicing and maintenance of mobile telephones for general use', from February 21 to March ... More

    BEARINGS, CASTINGS & FORGINGS


    Foundries to down shutters today
    HEMMED in by the rising cost of the main raw material pig iron and the resistance put up by the customers against any increase in product price, the foundries across the country are observing a day's closure on Monday, seeking roll back of price ... More
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    In Focus
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    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    2002: A drought year
    Gold: Still the winner?
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    Books and Reviews
    Looking back
    Feb. 2-Feb. 8
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    Setting up of wholly-owned arms — Status quo likely for joint venture partners

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    Pro-green body detects pesticide residues in bottled water

    HPCL union plans to block due diligence

    Columbia disaster a setback for space research

    India tops in sponge iron production — Accounts for 12 pc of global output


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