The Hindu Business Line : Saturday, July 19, 2003

AP to promote solar heating systems for fish drying
THE Non-conventional Energy Development Corporation of Andhra Pradesh (Nedcap) is planning to promote solar air heating systems for fish-drying in the coastal districts. This was stated by Mr S.E. Sekhar Babu, Vice-Chairman and Managing ... More

Enercon wind energy project commissioned
ENERCON India Ltd, a joint venture between the German power major, Enercon GmbH, and the Mehra Group, today commissioned a 21-MW wind energy project at Chitradurga in Karnataka. This is the second such project executed by Enercon's subsidiary, ... More

ECONOMY

Karnataka bid to avoid off-budget borrowings
The Government plans to bring the borrowing down to Rs 589 crore. This is to ensure that fiscal estimates are accurate and transparent. More

INFRASTRUCTURE

Premji raps Karnataka Govt for bad roads, power situation in Sarjapur
THE Wipro Chairman, Mr Azim Premji, today showed his irritation and exasperation with the state of the infrastructure in Sarjapur, on the outskirts of Bangalore, where the company's corporate headquarters is located. "Perhaps, we need to hold ... More

POWER

No power tariff hike this year in Kerala
THE Kerala State Electricity Board (KSEB) will propose to the Tariff Regulatory Commission not to hike tariffs this year. This was decided at the full board meeting held here on Friday. According to a statement from KSEB, the board is ... More

TAXATION

AP Commercial Taxes dept targets Rs 9,741-cr revenue for `03-04
NOTWITHSTANDING the severe drought, the Commercial Taxes Department has set its eyes on a revenue target of Rs 9,741 crore for the current financial year, a 17.5 per cent growth over last year's figure of Rs 8,350 crore. "The thinking was that ... More

TEXTILES

Panel to speed up modernisation of powerloom sector
The Ministry is hopeful of shortly getting the approval from the authority for the third component, under which a 20 per cent subsidy is proposed for modern looms, not limited to credit. More

TYRES

It's still a bumpy road ahead for tyre makers
TYRE manufacturers continue to face hurdles in their attempts to import duty-free natural rubber under the advance licence scheme (ALS). Even though the Director General of Foreign Trade (DGFT) had issued a circular on July 3 on this matter, ... More

WATER

Ad cos roped in to boost inter-basin water project
THE Government has launched an initiative to add a dash of creative flavour to its campaign in support of the proposed mega project of inter-basin transfer of water in India by roping in the creative minds from leading advertisement agencies in ... More

RADIO/TV

FIPB defers decision on Star uplink proposal
THE Foreign Investment Promotion Board (FIPB) has deferred Star's proposal seeking permission to uplink its news channel from India. The Government has also constituted an inter-ministerial group (IMG) to look into the proposal besides reworking ... More

EDUCATION

Michael Dell joins ISB governing board
THE Chairman and Chief Executive Officer of Dell Corporation, Mr Michael Dell, has joined the Governing Board of the Indian School of Business (ISB), according to an ISB communication. The ISB Governing Board, chaired by Mr Rajat Gupta, ... More

INDUSTRY ASSOCIATIONS

SIEMA ready for talks with bankers' group
THE Southern India Engineering Manufacturers' Association (SIEMA), Coimbatore, is willing to provide price discounts if orders for the purchase of energy-efficient pumpsets in large volumes are placed with its members. It also wants branded ... More

SCIENCE & TECHNOLOGY

Panel formed to study viability of hydrogen as fuel
IN a bid to give impetus to development of hydrogen as a commercial source of energy, Planning Commission on Friday formed a committee comprising representatives from the private and public sector. The committee will provide suggestions on the ... More

DISINVESTMENT

Punjab Tractors' price bids deferred to July 25
THE last date for receiving financial bids for the country's second-largest tractor maker, Punjab Tractors, has been pushed to July 25 from the earlier date of July 21. Denying that the move had anything to do with the response to the offer, Mr ... More

UTI Bank to advise Govt on HPC divestment
UTI Bank has been selected by the Union Ministry of Disinvestments as advisor for the sale of 74 per cent of the Government's total equity in Hindustan Paper Corporation (HPC). In turn, UTI has started preparing bid documents in a way that it can ... More

INCOME TAX

Chamber wants ITAT to be set up in Coimbatore
THE Indian Chamber of Commerce and Industry (ICCI), Coimbatore, wants one of the proposed Income Tax Appellate Tribunals (ITATs) to be established in Coimbatore. Welcoming the proposal to create a National Tax Tribunal (NTT) and 50 new ITATs by ... More

EXPORTS & IMPORTS

India's exports in 2002-03 grow 19.18 pc
INDIA'S exports during the inaugural year of the Tenth Plan (2002-07) is now estimated at $52,234.30 million, as against the earlier estimate of $51,702.22 million announced at the end of April 2003. The figure is an upward revision by more than ... More

13-14% increase in Q1 exports likely in dollar terms
PRELIMINARY data available with the Director General of Foreign Trade (DGFT) indicates that India's exports would increase by about 13-14 per cent in dollar terms in the first quarter of the current fiscal. "Provisional figures available with ... More

TOURISM

Alappuzha port to be developed as tourist spot
THE State Government has decided to invest a sum of Rs 230 crore for developing the erstwhile port of Alappuzha as a major tourist destination. Announcing this in reply to a submission in the State Assembly on Friday, the Minister for ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line