The Hindu Business Line : Wednesday, October 08, 2003

MET SIGNS
Wet spell, main weather feature in Kerala
THE most notable feature of the week ending Sunday last (October 5) was the withdrawing southwest monsoon suddenly coming alive and turning vigorous, bringing the entire geographic area under its coverage. This provided a starkly different ... More

Deluge after dry spell
The Arkavati River, a tributary of Cauvery, is seen overflowing due to heavy rains in the last few days. The river provides water to the Tippagondanahalli reservoir, which supplies drinking water to west Bangalore. ... More

ECONOMY

Rural migration damages health, hampers education: Study
WOMEN'S health and children's education are major casualties of migration of labour from villages to urban areas. According to a study commissioned by the Programme Support Unit (PSU) of the Andhra Pradesh Rural Livelihoods Programme (APRLP), ... More

EXCISE AND CUSTOMS

CBEC takes a new stand on cheque payments
IN a change of stance, the Central Board of Excise and Customs (CBEC) has now held that the date of presentation of the cheque in the bank would be reckoned as the date on which central excise duties and service tax dues are deemed to have been ... More

HEALTH

Global Hospitals opens cardiac unit
HOPING to join the thinly populated heart transplantation club in the country, city-based Global Hospitals will soon perform heart transplantations, which is expected to bridge the gap between the number of people suffering from end-stage heart ... More

Mobile C.T. Scan
Mumbai has become the first city in the country to get a mobile C.T. Scan courtesy Quad Vision, an NGO founded by four city-based radiologists. The computerised tomography scan is fitted in a vehicle and would be made available to hospitals and ... More

PSU

Lakshadweep corpn cash profit goes up
LAKSHADWEEP Development Corporation Ltd, a wholly owned Government of India undertaking, made a cash profit of Rs 66.51 lakh during the accounting year 2002-03, against the previous year's figure of Rs 23.69 lakh. The corporation is expected ... More

PETROLEUM

Oil PSUs told to defer dealer selection in States going to polls
THE Ministry of Petroleum and Natural Gas has advised the public sector oil marketing companies to defer the process of selection of their dealers and distributors in the States that go to polls till the election process is completed. The five ... More

TAXATION

SC upholds tax exemption to Mauritius-based entities
THE Supreme Court on Tuesday upheld a Finance Ministry circular dated April 13, 2000, allowing Foreign Institutional Investors and other investment entities incorporated in Mauritius to claim tax exemption under the Indo-Mauritius Double Taxation ... More

SC verdict `double-edged sword', say experts
EXPERTS see the Supreme Court's verdict upholding the validity of the Finance Ministry's April 13, 2000, circular relating to the Indo-Mauritius Double Taxation Avoidance Convention (DTAC) as a double-edged sword. On the one hand, it is a shot ... More

TEXTILES

Powerloom park planned at Andipatti
PREPARATORY works for the establishment of a hi-tech powerloom park is on at Andipatti near here. According to Mr M.S. Mathivanan, Chairman, Confederation of Indian Weavers' Industries, the project estimated to cost around Rs 150 crore, with ... More

New site for apparel park near Vizag
AN alternative site for the proposed apparel export park in Visakhapatnam district has been chosen at Gajuwaka, as the site originally allocated for the project at Aganampudi village near here has been offered to Volkswagen company for setting ... More

TRAVEL & PLACES

US scraps visa issuance fee for students
THE US Embassy and its consular sections in the country will not collect issuance fees for student, exchange visitors, transit and crewman visas issued to Indian nationals from October 11 this year. In a statement, the US Embassy has said that ... More

EDUCATION

ECIL in pact with Osmania varsity
THE Electronics Corporation of India Ltd (ECIL) and the Osmania University (OU) have joined hands to offer `MS by Research' degree for B.E/B.Tech graduates. The tie-up is to make the academic staff of the OU and the MS students actively ... More

INDUSTRY ASSOCIATIONS

Cochin chamber flays some provisions in Co Amendment Act
Provisions relating to independent and non-executive directors under the proposed amendments and those mooted by SEBI are counter productive and restrictive, says Mr Shah. More

Elected TMMA chairman

SICA office-bearers

BIO-TECH & GENETICS

Call to set up human genetics commission
A GENETIC Privacy Act, which will ensure that employers are not permitted to collect or use genetic information for any purpose that is adverse to the interests of an employee is fast becoming a need in the country. Serious concerns have ... More

Kerala constitutes biotech board
THE State Government has constituted a biotechnology board to guide and co-ordinate the action among various Government departments on biotechnology applications. The Chief Minister, Mr A.K. Antony, is the Chairman of the board and Dr M.S. ... More

IPR

`IPR policy essential to encourage research'
THE former Controller of Patent Office, Government of India, Dr N. Subbaram, has said that Indians must convert the implications of the intellectual property rights (IPRs) into opportunities. He was speaking at the national-level workshop on ... More

RURAL DEVELOPMENT

DRDAs meet begins tomorrow
THE Ministry of Rural Development is organising a two-day national conference of project directors of District Rural Development Agencies (DRDAs) to identify issues relating to effective implementation of programmes at the field level. The ... More

EXPORTS & IMPORTS

After 20 years, India may export groundnut oil
IT'S incredible but true. For the first time in 20 years, India is in a position to export groundnut oil this year. This is possible thanks to a sharp rebound in output of oilseeds including groundnut and a significant increase in production ... More

Iraq to import 1mt of wheat form India
REITERATING Iraq's commitment towards strengthening bilateral trade ties with India, Mr Yousif M. Abdul-Rahman Al-Ani, Officer In-charge, Ministry of Trade, Republic of Iraq, on Tuesday said his Government was planning to source one million ... More

CO-OPERATIVES

9 companies bid for AP sugar units
ANDHRA Sugars Ltd, NCS Sugars Ltd, Krebs Biochemicals Ltd and the GMR Group are among nine companies that have evinced interest in the purchase of three co-operative sugar units put up for sale by the State Government. Based on the invitation, ... More

NATURAL CALAMITIES

Contribution for drought relief
BANGALORE: The Karnataka State Agricultural Produce Processing and Export Corporation Ltd has handed over a cheque of Rs 10 lakh to the Chief Minister's Relief Fund for drought relief. A press release said here that the corporation ... More

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