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Saturday, August 23, 2003
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INDUSTRY & ECONOMY

AWARDS & HONOURS


Award for CCMB Director
HYDERABAD: The Director of the Centre for Cellular and Molecular biology (CCMB) here, Dr Lalji Singh, has won the prestigious Vigyan Gaurav Samman award for his outstanding contributions in the field of science and technology. The ... More

ECONOMY


Core sector growth slips to 2.6% in July
POOR performance by four sectors — electricity, crude petroleum, coal and cement — has dragged the growth in the six infrastructure industries down to 2.6 per cent in July compared with a much healthier 10.2 per cent in July ... More

AP wants Central schemes replaced with grants-in-aid
THE Andhra Pradesh Government has requested the Twelfth Finance Commission to abolish all Centrally sponsored schemes. Instead, it wants transfer of equivalent amount to the States as united grants. In its presentation before the Commission ... More

HEALTH


Sita launches `Sitacare'
KEEPING in mind the potential of healthcare tourism, which is gearing up to be the next `big boom' business in the country, Sita Inbound Division has launched `Sitacare', a business unit that will focus exclusively on healthcare-based ... More

PETROLEUM


South-based kerosene cos seek FIPB nod for takeover
EVEN as the Government is grappling with the problem of adulteration of diesel with imported kerosene, three south-based kerosene-marketing companies have sought the permission of the foreign Investment Promotion Board (FIPB) for takeover by a ... More

Cabinet to consider ONGC acquisition proposal today
THE Cabinet Committee on Economic Affairs (CCEA) will consider ONGC Videsh Ltd's (OVL) proposal to acquire a minority stake in two oil exploration blocks in Sudan on Saturday. According to OVL's proposal, it plans to acquire a 26.1 per cent ... More

PHARMACEUTICALS


Spurious drugs: Act amendment for speedy trials
IN an effort to facilitate the speedy trial of spurious drug cases, the Government would amend the Drugs and Cosmetics Act so that Central and State governments could designate special courts to try such cases, the Union Health Minister, Ms ... More

POWER


`Power sector poised to do a telecom'
FIVE years from now the country will witness a revolution in the power sector replicating the one that changed the face of the telecom sector, according to Mr R. Ravi Mohan, Managing Director and Chief Executive Officer of Credit Rating and ... More

SSI


Relax NPA norms for SSI units: Panel
BANKS should relax the norms for declaring small scale industry (SSI) units as non-performing assets taking into account factors that hinder growth of the sector, according to the Parliamentary Standing Committee on Industry. "The committee is ... More

WATER


TN Govt firm on RWH deadline
THE Tamil Nadu Government has expanded the scope of rainwater harvesting movement and does not plan to extend the August 31 deadline set to put up rainwater harvesting structures in residential buildings, according to the Secretary for Municipal ... More

RADIO/TV


Dominant Indian partner must in new uplink norms
Two other preconditions regarding appointments and control have also been laid for foreign news channels. More

Delhi may give a go-by to CAS, says Khurana
WITH elections round the corner, Delhi may just give implementation of the conditional access system (CAS) a go-by. With just nine days to go for the deadline, the Delhi BJP chief, Mr Madan Lal Khurana, said that the Capital would be spared for ... More

Hathway rolls out CAS in 3 metros
EVEN as a question mark looms large over the implementation of the Conditional Access System (CAS), Hathway Cable & Datacom Pvt Ltd formally announced the roll out of its services in Mumbai, Delhi and Chennai. And to show their solidarity ... More

Asianet Satcom resumes telecast of One Alliance
THERE is good news for cable TV subscribers in Kerala who have been missing their favourite programmes on channels such as Discovery, Animal Planet, AXN and Sony. Asianet Satellite Communications Ltd has ended its three-and-a-half-month ... More

EDUCATION


Company Secretaryship exams
Hyderabad: The results of the Foundation, Intermediate and Final examinations of Company Secretaryship Course held in June 2003 are scheduled to be declared simultaneously on August 25. The results would be available on the Web site of ... More

Review educational funding, says ADB
INDIA needs to question spending so much public money on elite universities while public primary education has still not reached every child, according to Key Indicators (KI) 2003, an annual statistical data book on economic, financial, and other ... More

BEVERAGES


Sharad Pawar heads JPC — Report by next session
THE Cola controversy on Friday moved to a different platform with the Government setting up a 15-member Joint Parliamentary Committee (JPC), under the chairmanship of Mr Sharad Pawar (NCP). The JPC would go into the controversy over the ... More

GEMS & JEWELLERY


Jewellery design course launched
THE Gem and Jewellery Export Promotion Council (GJEPC) has launched a certificate and advanced courses in jewellery designing and manufacturing at the Indian Institute of Gems and Jewellery. The Institute offers five courses — a ... More

MEDICAL INSTITUTIONS & HOSPITALS


Investors' council questions Escorts units conversion
THE controversy surrounding the conversion of Escorts Heart Institute and Research Centre (EHIRC) into a company in 2000 seems to be continuing unabated. Close on the heels of a survey of the Income-Tax Department at offices of Escorts Ltd., ... More

REAL ESTATE & CONSTRUCTION


Building value hike opposed
HYDERABAD: The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) on Friday opposed the State Government's move to increase the market value of constructions/structures (up to fifth floor) by Rs 30 per square feet. ... More

KNITWEAR & HOSIERY


Hosiery traders to discuss `C' form issue at Sept 6 meet
THE Federation of Hosiery Manufacturers Associations' (Fohma) all-India committee meeting to be held in Kolkata on September 6 is expected to deliberate on the difficulties faced by the hosiery trade in the inter-State transactions of hosiery ... More

Tirupur knitted cloth makers seek higher charges
TIRUPUR-based knitted cloth manufacturers engaged in job-work are seeking a rise in their hire charges from the garment producers placing job orders with them. Two of the key trade bodies representing the knitted cloth producing units — ... More

SCIENCE & TECHNOLOGY


India's first biotech incubator to be set up in Hyderabad
The BI would be initially established and managed by a consortium led by the IICT. In fact, the CSIR lab has also offered part of its facilities and expertise to help the industries willing to enter the biotechnology or start-ups, Dr Raghavan said. More

CINEMA


`Locations' aims to focus on film tourism concept
LOCATIONS 2003, a film tourism event, which is being organised here in mid-September, aims to look at the concept of film tourism that enables countries and regions to leverage the visibility that the Indian film industry provides. Films and ... More

NEWSPAPERS & PUBLISHING


Indian publishing industry on a global trail
THE Indian publishing industry seems to be on a global trail. In a bid to create awareness, for Indian works, the Federation of Indian Publishers, a representative body of domestic publishers, is organising seven exhibitions of Indian titles ... More

DISINVESTMENT


Bajaj Hindustan, K. K. Birla, Triveni Engineering among bidders — UP puts 24 sugar mills on the block
THE much-needed capacity consolidation process in the sugar industry is finally underway, with the impetus, this time round, coming from the Uttar Pradesh Government's decision to privatise 24 of its mills. The 24 mills owned by the UP State ... More

RURAL DEVELOPMENT


CII plans to market rural sector products
THE Confederation of Indian Industry (Southern Region) plans to enhance marketing capacity of rural producers through a programme dubbed Project: Rural Net, according to a press release from the Confederation of Indian Industry (CII). Access to ... More

EVENTS


  • Hyderbad Engagements

    EXPORTS & IMPORTS


    Bangla buys sugar from UP, Haryana mills
    "This time around, our sugar is selling at a premium because we are offering to supply sugar much ahead of Brazil or Thailand." More

    TOURISM


    AP Tourism takes to adventure sports
    WITH an eye on a turnover of Rs 46.28 crore this financial year, the Andhra Pradesh Tourism Development Corporation (APTDC) has lined up a series of activities across the State, which includes development of Raymond's Tombs in the State capital ... More
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    Pick a Winner Stock Market Contest

    Top Stories
    Hind Lever tops visibility charts in July


    This MLA drives home electoral promises

    Bad debts: PSBs in recovery mode

    Cadence pips Infy in best employer race: Survey

    Texas Instruments, Johnson & Johnson `best places to work'

    Indian publishing industry on a global trail

    Bangla buys sugar from UP, Haryana mills

    Airlines reduce operating loss in 2002: ICAO

    In Focus
    Cola Controversy
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition

    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Aug. 10-Aug. 16
    HPCL sell-off likely to be over by Nov

    To counter dip in collections — Excise audit for EOUs made mandatory

    Good monsoon lifts India Inc's spirits — FICCI business confidence index increases by 12.6 pc

    No health hazards, say mobile makers

    Row erupts over incentive schemes for pay channels

    Rising oil prices hurt fertiliser, power units

    Industry posts 5.3 pc growth in first quarter

    `GDP could double to $1 trillion by 2010'

    Tax clinics to assist SSIs on legal issues

    Colas have hard fight to regain fizz

    Exporters shifting to euro invoicing

    `Star in talks to expand business'

    Happy drive for cars in July


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