The Hindu Business Line : Thursday, September 25, 2003

Madras HC admits writ plea in property tax dispute
THE Madras High Court has held that revision of property tax without furnishing the reasons like annual valuation of the property, area and the method of assessment of the tax could not be sustained. Quashing the order of a panchayat in ... More

ECONOMY

World Bank, IMF meet stresses need to hear voice of developing world
A POSSIBLE consensus on better representation and voting rights for developing countries in the World Bank and IMF and a strong call for resumption of multi-lateral trade talks were highlighted by the World Bank and IMF chiefs, at the conclusion ... More

FOREIGN TRADE

Korea asks India to review SME policy
EMPHASISING the potential for India and South Korea to develop mutual relations, the South Korean Ambassador to India, Mr Kwon Soon-Tae, has called on Government to review the present policy of reservation for the small and medium enterprises ... More

Singapore plans platform to forge business pacts
SINGAPORE, the evergreen pasture for fun and business, is set to provide an opportunity for start-ups and established companies to forge fruitful alliances with leading Chinese and Singaporean counterparts. The event billed as the "Make It More

S. Africa team to pitch for cricket, films, besides trade
The team will focus on areas such as information and communication technologies, food & agriculture, and mining & infrastructure, Col. Qomoyi said. More

`Time ripe for setting up shop in US'
INDIAN companies should adopt a proactive approach and try to establish presence in the US, according to the National President of the Indo-American Chambers of Commerce, Mr Vinod Chandiok. He told Business Line that the time is now ripe ... More

PETROLEUM

Correction

PHARMACEUTICALS

CII meet calls for stern clinical research norms
EVEN as domestic pharmaceutical companies need to get their act together and increase research and development (R&D) spends to come out with new drugs, regulators need to strengthen the prevailing norms in the country, according to bureaucrats ... More

POWER

Bengal puts off Electricity Act implementation
THE West Bengal Government has decided to keep in abeyance the implementation of the Electricity Act 2003 in respect of certain provisions contained in the Schedules. As per the order issued by the State Power Department on September 10, the ... More

TEXTILES

Cotton textile exports up 8 pc
EXPORTS of cotton textiles in 2002-03 reached Rs 15,831.39 crore compared with about Rs 14,655 crore in the previous year. This represented an 8.03 per cent growth according to data released by the DGCI&S. In dollar terms, the growth rate is ... More

Cotton trade asked to gear up for quota-free regime
THE Government has taken a number of initiatives to strengthen the cotton textile industry and now it is for the industry itself to strive to become globally competitive and start delivering especially in the soon-to-come quota-free regime, Mr ... More

SIMA meet to discuss arbitration
THE 44th annual general meeting of the Southern India Mills Association (SIMA) being held here on Thursday, which will see a change of guard, is to sport special sessions that will sandwich the AGM proceedings. At least two key issues that ... More

WATER

Big Wapcos work in Afghanistan
STATE-owned Water and Power Consultancy Services (India) Ltd (Wapcos) has bagged several prestigious projects in the reconstruction of Afghanistan. These projects include preparation of project reports for rehabilitation of the Quargha reservoir, ... More

DISINVESTMENT

Efforts to rope in more participants — Hotel experience waived for Delhi Centaur bidders
IN an effort to ensure that more parties participate in the disinvestment of the State-owned Delhi Centaur Hotel, the Government has decided that having previous hotel experience will not be a prerequisite for those putting in bids. The ... More

HC admits petition against disinvestment in MFL
THE Madras High Court has admitted a writ petition challenging the reported move to disinvest in Madras Fertilisers Ltd. The First Bench, comprising the Chief Justice, Mr Subhashan Reddy, and Mr Justice A. Kulasekaran, while admitting the ... More

RURAL DEVELOPMENT

Naidu unveils IT project for rural women
UNICEF, CoOptions Technologies Ltd and the Andhra Pradesh Government have jointly developed a unique information technology (IT) project `Sisu Samrakshak', that seeks to empower rural women and children. It is designed to provide necessary ... More

APKVIB bid to promote jobs in villages

CONSUMERISM

Additional bench for consumer redressal commission opened
THE Union Minister of Consumer Affairs, Food and Public Distribution, Mr Sharad Yadav, inaugurated an Additional Bench of National Consumer Disputes Redressal Commission (NCDRC), the apex body of consumer forum, here on Wednesday. Under the ... More

EXPORTS & IMPORTS

Tea exports to Pak, Iraq likely to rise
"During January -June, exports to Iraq have been less than one million kg compared to 15 million kg during the same period last year." More

TOURISM

Kerala records half-yearly rise in tourist arrivals
THE first six months of this year have been rather good for State tourism if one goes by the figures released recently by the Department of Tourism. In the January-June period, the number of international visitors to the State went up by over 27 ... More

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