The Hindu Business Line : Friday, September 12, 2003

Karnataka beverages corpn plans to plug excise leakage
KSBCL was set up in June with the aim to clean up the Indian Made Foreign Liquor (IMFL) trade in the State, plagued by the tax evaded `seconds' sales. More

FOREIGN TRADE

Washington State keen to boost ties
THE American State of Washington is keen to strengthen bilateral relations with India, the State's Secretary of State, Mr Sam Reed, said here on Thursday. Addressing a luncheon meeting organised by the American Chamber of Commerce in India ... More

Britain means business, sees better trade ties with India
"The partnership initiative between the two countries is very important for British business in entering into right strategic ventures," Mr Stuart Innes said. More

PETROLEUM

TERI develops new tech for higher oil recovery
In Gujarat, ONGC managed to extract 1,138 cubic metres of oil from a sick well, generating a $0.1 m. revenue. More

TAXATION

TN chamber hails tax relief on scrap sales

TEXTILES

SIMA seeks clear norms on debt revamp scheme
The SIMA felt that to facilitate smooth implementation of the debt revamp scheme, the RBI should lay down detailed guidelines to the banks including a stipulation on the maximum time that can be taken to vet and clear proposal by the banks. More

TYRES

Truck, bus tyre production rise continues in July
TRUCK and bus tyre production in the country continues to be on a roll, with the tyre industry reporting a record production level of 9.53 lakh tyres in the month of July. Production in the same category stood at 9.10 lakh tyres in June and ... More

RADIO/TV

After neighbourhood papers, it's now TV channels in TN
THE mushrooming growth of neighbourhood channels in cities such as Madurai and Coimbatore shows the patronage they get from viewers as well as advertisers. These channels have all the ingredients of satellite channels, but the content is mostly ... More

New guidelines for uplinking — TV 18 seeks clarifications on `public shareholding'
THE recent revision of guidelines for foreign news channels wishing to uplink from India has put CNBC-TV 18 in a quandary. Television Eighteen (TV 18), which owns CNBC-TV 18, has sought clarifications from the Information and Broadcasting ... More

Good response to set-top boxes, say Chennai MSOs
"I personally feel that this is a better system. Now I can decide what I want to watch," says Mr D.M. Choksi, Company Secretary, MRF Ltd. More

Will the channels lose out?
Mr Yash Khanna, Senior Vice-President, Star India, feels that channels will not be losing much given the scant popularity of Hindi soaps in Chennai and the regional channels going free-to-air. More

EDUCATION

PSG management programme
KOCHI: PSG Institute of Management, Coimbatore in association with Kerala Management Academy is to offer outreach programme in business management, export management and insurance management. PSG Institute will offer MBA and two ... More

MEDICAL INSTITUTIONS & HOSPITALS

Apollo Clinic opened in Bangalore
APOLLO Health and Lifestyle Ltd (AHLL), a wholly-owned subsidiary of the Apollo Hospitals Group, on Thursday opened a day-to-day healthcare centre— The Apollo Clinic— in Bangalore. Set up in association with Harley Medical ... More

REAL ESTATE & CONSTRUCTION

Singapore keen to explore building sector
CASHING in on its strengths in township and residential development, Singapore on Wednesday called for establishing "contacts" which could take bilateral co-operation in business projects and partnerships to a new level. At a ... More

LEATHER

US footwear cos may do outsourcing in India
AN attempt to lessen over-dependence on countries such as China may push the US leather footwear companies to look for outsourcing opportunities in India. The US is the largest global market for leather products. The recent disruption to trade ... More

TEXTILE MACHINERY

Higher capital subsidy to boost investment in weaving parks
THE Textile Ministry's offer of enhancing capital subsidy from 12 per cent to 20 per cent for investment in plant and machinery for decentralised powerloom weavers would pep investment in the proposed hi-tech weaving parks being promoted by the ... More

PAINTS

Film stars to lend lustre to paint brands
THE decorative paints segment, which accounts for about 8 per cent of the Rs 6,000-crore paints industry, is getting an extra sheen, with celebrities pitching for at least two brands in the market: Amitabh Bachchan for Nerolac Paints, and Akshaye ... More

WTO

China echoes India's viewpoints at Cancun
THE entry of dragon into the WTO appears to have been favourable to developing countries like India as most of the views voiced by its Trade Minister, Mr Lu Fuyuan, reflect the deep-seated and felt concerns articulated by India's Commerce and ... More

EVENTS

Hyderabad engagements

EXPORTS & IMPORTS

N-S corridor to help cut costs of export to CIS nations
INCREASED use of the North-South Transport corridor will help cut transportation costs in exporting to CIS countries, according to Mr P.K. Mahapatra, Director, Commerce Ministry. Addressing a round table on business with CIS countries here on ... More

TOURISM

Conference tourism picking up in Kerala
While most of these enquiries were from operators based in the UK and Germany, meetings and conventions organisers based in the country have also displayed a great deal of interest. More

TRENDS

Where is manufacturing headed?
Some years ago, there was expectation that the Indian manufacturing sector would be the world's source of components. But its impact on the international manufacturing base has been nowhere near that of Korea, Taiwan or China. And policy hurdles are largely to blame. More

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