Financial Daily from THE HINDU group of publications
Saturday, July 05, 2003
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Financial Daily from THE HINDU group of publications Saturday, July 05, 2003 |
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INDUSTRY & ECONOMY LOTTERY 
Forbes Group enters online lottery bizTHE latest corporate group to enter the lottery business is Shapoorji Pallonji-controlled Forbes Group, which will market online tickets of Meghalaya State lottery from July 7. DhanDhanaDhan Infotainment, a company promoted by the Forbes Group, ... More ECONOMY Normal monsoon, forex reserves favour economy, says NCAER EVEN as the Central Statistical Organisation (CSO) has revised the gross domestic product growth (GDP) for the inaugural year of the Tenth Plan to 4.3 per cent in the aftermath of the worst drought, a marginally favourable view of the growth ... More FOREIGN TRADE $1-b India, Singapore joint fund mooted IN the run-up to concretising an India-Singapore Comprehensive Economic Co-operation Agreement (CECA) before the end of next year, India and Singapore have wound up the preliminary round of official-level discussions, covering a wide range of ... More
Kandla airport revival vital for SEZ success HEALTH `Mobile phones health concerns unproven' CONSUMERS worried on whether their increasing dependence on electronic gadgets exposes them to electro-magnetic radiation can take some comfort with the Mobile Manufacturers Forum (MMF) asserting that the international consensus of expert bodies, ... More
Where is the lady doctor? PSU Kerala Govt guidelines on public sector bonus THIRUVANANTHAPURAM: The State Government has issued guidelines on arriving bonus payouts in the public sector for the year 2003. A spokesman said here that all public sector companies, including those in which the State Government ... More PETROLEUM Move to ease curbs on PSU marketing cos — Govt mulls short-term oil dealerships IN a bid to ease the restrictions on public sector oil marketing companies setting up retail outlets for selling petrol and diesel, the Government is considering a proposal to amend the policy on retail outlets that are owned as well as operated ... More POWER 
PowerGrid may pick up stake in Kazakh venturePOWER Grid Corporation of India (PowerGrid) may pick up a 5 per cent equity stake in a transmission project in Kazakhstan, proposed to be set up as a public-private joint venture in that country. International Finance Corporation (IFC) ... More
`Power Ministry will back Dabhol revival'
Outages put pressure on AP grid
`Spare captive power from tax'
Purulia project awaits PIB nod
Dindigul spinners obtain interim injunction
TAXATION `Remove tax collection at source on scraps' THE Merchants Chamber of Commerce, in a recent representation to Mr D.C. Gupta, Finance Secretary, has sought the withdrawal of 10 per cent tax collection at source (TCS) on the scrap trade and scrap-based industries under Section 206C of the ... More TEXTILES RADIO/TV CAS rollout may be deferred THE implementation of the Conditional Access System (CAS) for regulation of cable TV industry is set to go the VAT way with the Government reconciled to a deferment to September 1. Earlier, the deadline for the rollout of CAS was July 15, but ... More
`MSOs for phased rollout of CAS' EDUCATION ICFAI offers part-time CFA, MBA courses FAST changing market conditions and working styles of corporate executives have influenced the business school of Institute of Chartered Financial Analysts of India (ICFAI) to launch what it calls the campus-based part-time courses or full-time ... More
FOODS & FOOD PROCESSING Food safety logo coming TQSI, an agency involved in implementing quality and food safety management systems in the agri-food sector, is launching the international food safety and quality logo `Safetoserve' in Kerala. Savetoserve is a HACCP quality code designed for ... More GRANITE & MARBLE Granite industry shines again as exports pick up THE granite industry, plagued with large-scale sickness a few years ago, is currently on the revival path. The strengthening of euro and the growing demand for natural products in the US have paved the way for increased granite exports to the ... More DISINVESTMENT Meet on NFL, HOCL likely on July 10 THE Cabinet Committee on Disinvestment (CCD) is likely to meet on July 10 to finalise the transaction documents of National Fertiliser Ltd (NFL) and Hindustan Organic Chemicals Ltd (HOCL). The Committee would also give its post-facto approval ... More
AP approves Coromandel bid for Godavari Fertiliser stake SMALL SAVINGS Minister for mobilising more savings THIRUVANANTHAPURAM: The Finance Minister, Mr K. Sankaranarayanan, has exhorted officials to aim at raising twice as much savings as mobilised during the last year. Though the target was covered during the last year, the mobilisation was ... More SOCIAL WELFARE ICICI Bank bid to build brand thru social work IN order to build some brand equity by doing social service, ICICI Bank has decided to undertake a project for reducing low birth weight incidence at the village level. Undertaken by ICICI Bank's Social Initiatives Group, the bank has decided ... More LABOUR REFORMS New Bill aims to eradicate child labour In the draft law, the onus of proving that a person is not a child labour will be on the employer and not on the prosecution. Defining a child as a person who has not completed 15 years of age, the draft Bill prohibits any work by a child, which inte rferes with his or her full-time schooling. More EVENTS Kyrgyzstan invites Indian SSIs THE presence of Indian small-scale industry in Kyrgyzstan would help enhance trade and economic relations between the two countries, the State Secretary of Kyrgyzstan, Mr O. Ibraimov, has said. Inaugurating the `Enterprise India' exhibition ... More
INCOME TAX New software launched to file returns IN a taxpayer-friendly measure, the Income-Tax Department has released a software called `Sampark 2003-04' that would enable taxpayers to prepare their return of income for assessment year 2003-04. This facilitation scheme, which is available ... More ALTERNATIVE MEDICINES Nabard keen to support medicinal plants cultivation THE National Bank for Agriculture and Rural Development (Nabard) is interested in enhancing credit flow to medicinal plants cultivation in Tamil Nadu, according to Dr B. Sethuraman, Deputy General Manager, Nabard. Addressing the International ... More TOURISM Bekal getting ready to receive tourists WITH the State tourism department looking at promoting the State's Malabar region as a new destination through events such as the forthcoming Malabar Travel Mart, the tourism infrastructure in the area is likely to receive increased attention. ... More
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Top Stories In Focus The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Jun. 22-Jun. 28 India seeks special window in WTO talks Rising rupee blunts exporters' edge CII bid to improve quality of education — Corporates go back to school `Preservation of wealth is the mantra of rich' Ministry clarifies on franchise service tax `Last-minute changes to Section 13A of I-T Act is to boost party funding' Trade slowdown, job woes may hold back growth, says UN study Film industry yet to warm up to insurance CAS may shrink ad revenue in short run, says Fitch report Subsidy plays part in urea co financials Weather glitches may shatter monsoon hopes 10-year excise relief for new units in Sikkim Petronet pipeline trial run set to begin on June 30 |
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