The Hindu Business Line : Friday, September 05, 2003

CBDT okays new investment pattern for PFs
THE Central Board of Direct Taxes has okayed the investment pattern that has been recently prescribed for provident funds by the Ministry of Labour. The Income-Tax (Tenth Amendment) Rules, 2003, which have already come into effect, relates to ... More

ECONOMY

Rich nations must address concerns of not-so-rich: PM
THE Prime Minister, Mr Atal Bihari Vajpayee, has made a case for closer ties between ASEAN, India and other developing countries to ensure that their concerns on asymmetries and imbalances in multilateral agreements received the due attention ... More

HEALTH

NGO to launch AIDS awareness blitzkrieg
THERE is only a four-year window of opportunity before AIDS becomes a generalised epidemic in the country. This calls for a direct high-impact communications campaign to motivate change towards safe sexual behaviour, according to Mr Sanjay R. ... More

First artificial heart programme launched
Electronic devices developed by medical scientists would act as a bridge to heart transplants, and keep the patient alive until a heart becomes available. More

INFRASTRUCTURE

Kerala Govt clears foot overbridge plan for Thampanoor
The project is part of a series of measures being initiated to develop the main roads that criss-cross the capital. More

PSU

HAL sees major spin-offs from AJT deal
THE decision to buy the AJTs (advanced jet trainers) is "good news" to Hindustan Aeronautics Ltd (HAL) too, probably as much as it cheers the IAF. The AJT spells rich dividends as HAL will get to manufacture 42 of the 66 Hawk 115Y AJTs under ... More

PETROLEUM

RRL helps KRL get around the bitumen odour nuisance
COLLABORATIVE efforts between Kochi Refineries Ltd (KRL) and the Regional Research Laboratory-Thiruvananthapuram (RRL-T) have helped the former get around the problem of severe "odour nuisance" resulting from operations in the bitumen blowing ... More

POWER

KSEB mobile repair units

TAXATION

Marginal rise in net direct tax revenues
THE declining trend in net direct tax collections this year, courtesy the Finance Ministry's decision to clear refund dues to assessees at the earliest, has finally been stemmed. During April-August 2003, the Centre's net corporation and ... More

Move to set up National Tax Tribunal opposed
THE Revenue Bar Association in Chennai passed a resolution on Wednesday opposing the Finance Minister's proposal for the formation of the National Tax Tribunal at New Delhi. It also opposed the ousting of the jurisdiction of the High Court in the ... More

WATER

AP to discuss Alamatti issue

COAL

CIL panel okays viability of seven coal projects
THE empowered sub-committee of Coal India Ltd's (CIL) board , at its meeting here on Wednesday, approved techno-economic viability of seven major coal projects involving an investment of about Rs 1,450 crore. The project, planned to be completed ... More

RADIO/TV

CAS: No clear picture yet in Mumbai, Kolkata
WHEN the Information and Broadcasting (I&B) Minister, Mr Ravi Shankar Prasad, returns from his visit to the Venice Film Festival, he'll have his hands full with the implementation of the Conditional Access System (CAS) turning into a messy affair ... More

Discovery - new vistas for Indian filmmakers
COME October, television viewers can expect a lot of action on Discovery Channel. Lined up are a number of India-centric programmes for the whole of the forthcoming quarter. And what sets them apart from the current India-based programmes is ... More

Radio City denies violating norms
A DAY after the Information and Broadcasting (I&B) Ministry issued a show cause notice to Music Broadcast Private Ltd (MBPL) seeking an explanation as to why their licence should not be cancelled due to violation of certain clauses in the FM ... More

LEATHER

Lidkar to focus on quality, marketing for turnaround
THE Karnataka Leather Industries Development Corporation (Lidkar), which has had to deal with an employee strike in the past few months, is confident that a change in employee attitude and increased focus on quality and marketing will bring it ... More

INDUSTRY ASSOCIATIONS

CII for more public-pvt partnerships in AP
THE Confederation of Indian Industry (AP Chapter) has called for a simplified industry-friendly policy framework, rationalisation of cost of finance and quality infrastructure at an affordable price to facilitate unhindered growth in the ... More

Auto dealers launch credit card
THE Federation of Automobile Dealers Association (FADA) has launched a credit card in association with ICICI for vendors to dealers and opened a business-to-business (B2B) section in its Web site. FADA officials said here that majors vendors of ... More

BIO-TECH & GENETICS

Bose Institute to set up biotech park in Kolkata
THE Bose Institute, a premier research institution named after the physicist Satyen Bose, has planned to set up a biotechnology park in city. This was announced here on Thursday by Prof Masood Siddiqi, director of the institute, at a workshop on ... More

DISINVESTMENT

AP Cabinet sub-panel okays sell-off in four cos
THE Cabinet Sub-committee on Public Enterprise Reform, headed by the Andhra Pradesh Finance Minister, Mr Y. Ramakrishnudu, on Thursday approved the sale of State's stake in four listed companies which together have helped the Government garner Rs ... More

FOREIGN DIRECT INVESTMENT

Rebound in global FDI likely in 2004, says Unctad report
Mr Kaul P. Sauvant, Unctad's Investment Division Director and team leader for the report said that despite these developments, "it is increasingly evident that governments of developing countries are attaching more priority to attracting FDI". More

EVENTS

39 exporters to take part in Mumbai apparel meet
THE Apparel Export Promotion Council today announced it would convene a global apparel buyer-seller meet in Mumbai on September 11-12, 2003. Thirty-nine exporters from the Western region will be showing their products to worldwide buyers such ... More

BMA celebrates Golden Jubilee

Hyderabad engagements

TOURISM

Tourism is key for sustainable growth, says Jagmohan
THE Union Minister for Tourism, Mr Jagmohan, underscored the importance of synthesising the elements of tourism, culture and clean civic life to promote tourism. Outlining the new initiatives for promotion of Indian tourism taken up by the ... More

Cultural Mart to woo tourists
ROPE walkers, `face-reading' practitioners, artists, artistes, philatelists, handmade ornament makers, jugglers, experts in embroidery, animal tamers and many more skilled people are going to display their prowess, some of their products being ... More

PEOPLE

Honour to IICT official

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