The Hindu Business Line : Wednesday, April 16, 2003

Low C-D ratio mirrors lull in economic activity in Kerala, says study
LOW credit-deposit (C-D) ratio in Kerala has long been a hotly contested topic with bank chiefs and the establishment arguing their cases from their firmly entrenched positions. But, a recent paper on credit deployment in the State seems to ... More

PETROLEUM

Petrol, diesel prices cut by Re 1
OIL companies on Tuesday reduced prices of petrol and diesel by Re 1 per litre each, effective April 16. The announcement came even as nationwide truckers strike demanding a reduction in diesel prices, among other things, continued for the ... More

TAXATION

State Finance Ministers meet on VAT slated for April 23
THIS surely is turning out into a Bollywood thriller. A few States, led by the industrially rich Western States of Maharashtra and Gujarat, are understood to be gearing up to make a case on April 23 for permitting existing units to continue with ... More

WATER

GIS to help conservation mission: CM
IN an effort to sustain the integrated water conservation mission, the Andhra Pradesh Government plans to use a combination of satellite imagery and GIS (geographic information system) mapping techniques to take scientific decisions by assessing ... More

COAL

Call for clean tech to offset impact of low-grade coal
The CIL Director expressed confidence that with pollution control standards becoming more stringent, more and more thermal power plants would adopt these technologies and switch over to beneficiated coal in the years to come. More

MANAGEMENT

ICFAI Business School `Soiree'

BREWERIES

IMFL sales in Kerala on a high
According to industry sources, spurious and seconds sales in the State are estimated at around 20 per cent of the total sales of IMFL. The per capita consumption of liquor in the State stood at around four bottles last year. More

FOODS & FOOD PROCESSING

`Food processing sector not hit by drought'
The survey shows that production in the biscuit industry has grown 8 per cent (last year 5.5 per cent), while sales have gone up by 10 per cent compared to 7 per cent in the previous year. More

REAL ESTATE & CONSTRUCTION

Karnataka Govt authorises banks to sell stamp papers — Selects SBI and associates
The banks will collect 50 per cent of the normal charge as service fee with a minimum charge of Rs 10 per document. The individual is required to tender his document and the bank's receipt to the sub-registrar who in turn will register it. More

KNITWEAR & HOSIERY

Tirupur hosiery management bodies to meet tomorrow
THE joint committee of the knitwear industries management bodies in Tirupur has planned to meet on April 17 to discuss the hosiery workers' wages issue. The meeting has been convened in the wake of the strike threat issued by various hosiery ... More

BIO-TECH & GENETICS

Biotech Helix in Bangalore
BANGALORE Helix, the Rs 100-crore-plus biotech park proposed here, will use all possible avenues of funding — from Government grants, scheme outlays to loans and industrial support, according to Ms Kiran Mazumdar-Shaw, Chairperson of the ... More

`Venture capital support vital for biotec growth'
THE potential of emerging biotechnology as an investment could be fully realised only if the venture capital funds come forward with more proactively. With the biotechnology segment gaining prominenceand with its capability to act as a strong ... More

`All biotech roads lead to Karnataka'
BANGALORE BIO 2003, the third edition of the biotech trade expo-cum-conference, began here on Tuesday, with Bangalore claiming to be the top Indian brand in biotechnology too. As in IT, all roads in the biotech field seem to lead to Karnataka, ... More

SCIENCE & TECHNOLOGY

PPN Power closes down TN plant
PPN Power Generating Co. Ltd has shut down its 330-MW combined cycle power plant at Pillaiperumalnallur in Tamil Nadu, according to official sources. This follows the non-payment of bills by the Tamil Nadu Electricity Board, which buys power ... More

DISINVESTMENT

Govt to call fresh bids for SCI sell-off — 51 pc sale in RCF cleared
THE Cabinet Committee on Disinvestment (CCD) today decided to invite fresh expressions of interest (EoI) for disinvestment of 51 per cent Government stake in the Shipping Corporation of India (SCI). Simultaneously, it was also decided to do away ... More

Air India, IA off divestment list
THE new financial year is turning out to be lucky for the two state-owned airlines — Air India (AI) and Indian Airlines (IA). For starters, the Cabinet Committee on Disinvesment (CCD) on Tuesday struck off the names of AI and IA from the ... More

RURAL DEVELOPMENT

Tech goes rural in AP healthcare project
IMAGINE a situation where auxiliary nurses and midwives (ANMs) working in primary health centres (PHCs) in the remotest villages of our country are going around rural households holding personal digital assistants (PDAs) in their ... More

HUMAN RESOURCES

India Inc in hiring mode
HIRING time is on for Corporate India if the Business Expectation Survey conducted by Dun & Bradstreet Information Services is to be believed. "Cutting across segments firms in general expect to recruit more in the April-June 2003 quarter ... More

EVENTS

Bhagwad Gita on multimedia in AP

EXPORTS & IMPORTS

SARS, war take the sheen off diamond exports
EXPORTS of processed diamonds from India, which meets 80 per cent of the needs of the global market, could be impacted by the twin problems of Severe Acute Respiratory Syndrome (SARS) and the Iraq war, exporters said. The world's second largest ... More

ALTERNATIVE MEDICINES

`Data bank for plant drugs vital'
AN international expert on medicinal plants and plant drugs has stressed on the critical need for compiling, synthesising, and making widely available information on the present consumption and projected future demands, as well as trade ... More

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