Financial Daily from THE HINDU group of publications
Friday, September 26, 2003
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Financial Daily from THE HINDU group of publications Friday, September 26, 2003 |
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INDUSTRY & ECONOMY ECONOMY Karnataka reworks fiscal target; deficit pegged at 4.66 pc THE Karnataka Government has reworked the fiscal targets after pruning borrowings, revenue expenditure and due to buoyant revenue receipts during the current year. State Government officials said here that the consolidated fiscal deficit ... More HEALTH AP politicos turn blind eye to AIDS issue DESPITE the fact that Andhra Pradesh ranked very high in the incidence of HIV, legislators of the State seem disinterested to the cause and most of them choose to skip an important meeting organised by three reputed agencies fighting AIDS here on ... More INFRASTRUCTURE 
Plans to focus Chennai as Asia's investment havenCHENNAI outscores other cities in overall ambience that is crucial to employees' feel good factor, an important intangible in deciding an investment destination, according to the Tamil Nadu Chief Minister, Ms J. Jayalalithaa. Addressing the ... More PETROLEUM IOC hopes to complete Chennai-Madurai pipeline project in 18 months INDIAN Oil Corporation hopes to complete the 670-km long Chennai-Tiruchi-Madurai product pipeline in 18 months. "The clock has started ticking. It is a tall order," Mr M.S. Ramachandran, Chairman, IOC, told newspersons here. The IOC board ... More
HPCL eyes retail business abroad PHARMACEUTICALS Don't focus on US generics market alone, pharma cos told IBM Life Sciences, the US-based business consulting services major, has cautioned the Indian pharmaceutical companies on their heavy dependence on the US generics market and advised them to change their focus since very few drugs were going ... More POWER NTPC issue may hit market by March NATIONAL Thermal Power Corporation's (NTPC) proposed initial public offering of Rs 400 crore is slated to hit the domestic market by March next. "We will be in the market by March 2004," the NTPC Chairman and Managing Director, Mr C.P. Jain, ... More
10 cos bid for gas supply to NTPC Kayamkulam project
Mecon to prepare feasibility report for DVC project
AP moots four-fold hike in levy on captive power SSI SISI programme at Vizag HYDERABAD: The Small Industries Service Institute (SISI), Hyderabad, the State Department of Industries & Commerce, Federation of AP Small Industries Association (FAPSIA) and local Associations of Visakhapatnam are jointly organising a ... More BREWERIES TIDCO to re-tender proposed winery project at Dindigul While a presence in the wine industry is an added point in a bidder's favour, it is not an essential qualification, sources said. More FOODS & FOOD PROCESSING 
Kalam inaugurates food processing parkTHE President, Dr A.P.J. Abdul Kalam, on Thursday inaugurated the Food Processing Park set up by the Kerala Industrial Infrastructure Development Corporation (Kinfra) at Kakkanchery in Malappuram district. The President said on the occasion ... More INDUSTRY ASSOCIATIONS Van Tex MD elected new SIMA chief MR Vijay Venkataswamy, Managing Director of Van Tex Ltd, Coimbatore, has been elected chairman of the Southern India Mills Association (SIMA) for 2003-04 at the 44th annual general meeting of the association here. Mr Venkataswamy has also been ... More READYMADE GARMENTS Readymade garment exports up 2.2 pc in first-half THIS year the readymade garment industry has registered an increase of 2.2 per cent in export figures for the period from January to June 2003 while at the same time almost 70 per cent of the units in the small-scale sector have closed down, ... More BIO-TECH & GENETICS Biotech sector set to grow 25-30 pc: Survey THE biotechnology industry, valued at Rs 1,830 crore during 2002-03, is poised to grow at the rate of 25-30 per cent this year. Hailed as the next big thing for India after infotech, the biotech sector will also see investments doubling over ... More
Hyderabad to get first biotech incubator SCIENCE & TECHNOLOGY Edusat to be launched in 2004 by ISRO AN exclusive educational satellite, Edusat, is to be launched in 2004, by the Indian Space Research Organisation (ISRO), according to the scientist Dr B. Vedachalam, Director of the Liquid Propulsion Systems Centre, Thiruvananthapuram. He told ... More DISINVESTMENT Govt mulls various options to break sell-off logjam — Cabinet panel meet on Oct 3 on HPCL, BPCL THE Government is mulling the possibility of filing a review petition as one of the alternatives to break the logjam caused by the recent Supreme Court ruling directing the Centre to seek Parliamentary approval for selling its equity stake in ... More SMALL SAVINGS EPFO to issue social security number MANGALORE: The Employees' Provident Fund Organisation (EPFO), Sub Regional Office, Mangalore, has begun data collection for issuing National Social Security Number (NSSN) to the subscribers. A press release by the Regional PF Commissioner, ... More RURAL DEVELOPMENT CII to aid SHGs in selling products to Taj hotels THE Confederation of Indian Industry (Southern Region) has initiated a pilot project to encourage linkages between self-help groups (SHGs) and institutional consumers.Initially, SHGs from Vellore and Kanchipuram will supply produce to the Taj ... More EVENTS CEOs' conclave in Kochi today THIRUVANANTHAPURAM: The State Government is hosting a CEOs conclave with the leading industrialists and CEOs on Friday at Kochi. The Minister for Industries and IT, Mr P.K. Kunhalikutty, will address the gathering. The Chief Secretary ... More
Bangalore to host global light seminar in Nov
INCOME TAX Jaitley asks tax tribunals to hasten case clearance THE Union Law Minister, Mr Arun Jaitley, on Thursday urged the Income Tax Appellate Tribunals (ITAT) to improve the quality of their judgements even as he highlighted that a judicial or quasi-judicial matter had wider ramifications on attracting ... More EXPORTS & IMPORTS Bringing cotton import disputes under Indian mediation — LCA to have another round of talks WITH a prediction of an easy cotton season when the domestic crop this year isanticipated to squarely meet the demands of the industry, the issue of bringing cotton imports under a mandatory Indian arbitration has surfaced again among the ... More TOURISM `Coastal tourism hurts livelihood of fisherfolk' ATTEMPTS by the State Government to promote tourism aggressively here and other places along the coast will have far-reaching and adverse repercussions on the welfare of fisherfolk and such attempts should be opposed, Father Thomas Kochari, the ... More
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Top Stories In Focus Cola Controversy The Cable tangle Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Sep. 14-Sep. 20 Row between RIL, PSU oil marketing cos — Law Ministry says it is too premature for intervention Africa, EU nations slam WTO cotton plan Car sales slow down in August — Commercial vehicles up 39.3 pc `Unorganised sector tops job creation' The ball is in the next Govt's court `State Govt finances in a bad shape' `Pharma sector must move up value chain' TN aims for 8 pc industrial growth India moves up in Kearney's FDI Confidence Index Tractor sales down 17.8 pc in Q1 IMF pegs GDP growth this year at 5.6 pc |
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