The Hindu Business Line : Wednesday, November 12, 2003

Pipe dream
A young man carrying pipes at a busy market place in Secunderbad. The fast-growing city has provided job opportunities for young people in search of a livelihood.

ANTI-DUMPING

Dumping norms to be based on type of economy
THE Centre has amended anti-dumping rules to empower the Designated Authority to treat a country as a `market economy' if any other World Trade Organisation (WTO)-member were to treat that country as a `market economy' for its anti-dumping ... More

AWARDS & HONOURS

Mercer Asia award for Dr N.S. Rathi
MERCER Human Resources Consulting has announced that the `Mercer Asia Award 2003' will be awarded to Dr Nandkishore S. Rathi of the Indian Institute of Technology-Bombay. He receives the award for an empirical study of employee turnover in the ... More

PSU

Gujarat PSUs on a roll
A SECTION of the investing community in their quest for low-priced mid cap stocks have of late been attracted by the Gujarat state-owned companies. A number of such stocks are seeing enhanced activity on the major bourses on revaluation ... More

POWER

British Columbia keen on tie-ups in energy sector
THE Premier of British Columbia (BC), Mr Gordon Campbell, at an interactive meeting organised by FICCI here on Tuesday, urged business communities of the two regions to increase cooperation in promising sectors. Hinting at the possibility of a ... More

Kuttiyadi project expansion — KSEB signs pact with BHEL-L&T consortium
THE Kerala State Electricity Board (KSEB) has signed an agreement with BHEL-L&T consortium for the extension of Kuttiyadi hydel project on a turnkey basis. The project envisages the establishment of an additional capacity of 100 MW at the ... More

STEEL

Steel cos get a month's time to exercise restraint on prices
THE Government has decided to give a month's time to domestic steel manufacturers to exercise self-restraint in increasing prices. If the primary steel producers fail to exercise self-restraint within the period, then the Government is likely ... More

TAXATION

Calcutta HC extends stay on tax tribunal notification
THE interim stay by the Calcutta High Court on notification of the National Tax Tribunal, promulgated by a Presidential Ordinance on October 16 by the Union Government, has been extended till further orders. After hearing the arguments by both ... More

TEXTILES

Post-quota: India, Pak, China to pose threat to EU textiles
CHINA, India and Pakistan will pose the greatest threat to the European textile trade once quotas are removed in 2005. This competition may force the European Union to lower manufacturing costs on textile products to stay competitive, ... More

SITRA to hold regional meet on Nov 18
THE South India Textile Research Association (SITRA) is holding a regional seminar in Madurai on November 18. The seminar will focus on the research and development in textiles and the newer developments. To be inaugurated by Mr N.A.K. ... More

Weavers welcome TUFS' extension
THE Confederation of Indian Weaving Industry, the Tamil Nadu-based representative body for the powerloom weavers, has expressed the hope that the three-year time extension of the textile technology upgradation fund scheme (TUFS) granted by the ... More

Sisspa blames yarn price rise on raw cotton
THE South India Small Spinners' Association (Sisspa) has blamed the rise in cotton yarn price on the spiralling raw cotton prices. Though the new cotton harvest season that is currently on should have tamed the prices, it has failed to do so. ... More

RADIO/TV

ESPN cuts relaying signals to InCablenet
ESPN Software India Pvt. Ltd has discontinued transmitting the signals of ESPN and STAR Sports to Indus Ind Media and Communications Ltd, a subsidiary of Hinduja TMT Ltd, over non-payment of monthly dues. According to a company release, the ... More

EDUCATION

IIT Kharagpur aims to be in Asia's top 3
THE Indian Institute of Technology, Kharagpur (IIT-KGP), has drawn up a perspective plan to become one of the top three technological institutes in Asia within the next 10 years. By that time, the institute will have 10,000 students and 1,000 ... More

Accreditation system for Asian B-schools launched
A GLOBAL quality improvement and accreditation system for South Asian business schools has been launched jointly by the European Foundation for Management Development and the Association of Management Development Institution in South Asia . A ... More

REAL ESTATE & CONSTRUCTION

Meet on building materials in Hyderabad
HYDERABAD: The Hyderabad chapter of the Indian Ceramic Society is organising a seminar on `Recent trends in building materials' on December 6th at the Hitex exhibition grounds. Two sessions on `Smart materials & beyond' and `Ecofriendly ... More

BIO-TECH & GENETICS

Kerala Govt unveils biotech policy
THE Kerala Chief Minister, Mr A.K. Antony, has said that the State is set to take major strides in the realm of biotechnology. He said this while unveiling Kerala's Biotechnology Policy at a meeting of the State's Biotechnology Board, held at ... More

NEWSPAPERS & PUBLISHING

`Unsavoury police activities' — The Hindu seeks Central protection
THE Hindu on Tuesday asked the Deputy Prime Minister, Mr L.K. Advani, for Central forces to protect its building and employees. The Editor-in-Chief, Mr N. Ram, said he approached the Centre because of the "undesirable and unsavoury police ... More

Karnataka journalists protest TN Assembly order
JOURNALISTS in Mangalore took out a protest march and staged a "dharna" in front of the office of the Deputy Commissioner on Tuesday against the warrants issued by the Tamil Nadu Assembly Speaker, Mr K. Kalimuthu, to arrest the Editor and four ... More

NEW PROJECTS

Empee Group unveils expansion plans
THE Rs 400-crore Empee Group is actively considering expanding its business activities in other parts of the country. The business expansion may begin with the bottling of its branded liquor through tie-up arrangements, and this will be ... More

EVENTS

Kalam to open intl trade fair
THE President, Dr A.P.J. Abdul Kalam, will open the India International Trade Fair on November 14 here. The fortnight-long fair, held annually, will showcase the country's multi-products and modern technology, "with afocus on quality, in ... More

SAARC meet: Call for easier visa norms
FREE movement of creative people and relaxations of visa norms for media personnel seemed to be on top of the agenda at the SAARC Information Ministers' meet. Even as the Prime Minister, Mr Atal Bihari Vajpayee, delayed his departure to some of ... More

INCOME TAX

MFs devise bonus options for tax-planners
THIS could be an open season for investors in bonus plans of mutual funds, as a number of fund houses are gearing up for bonus issues. ING Mutual Fund is leading the pack with a plan for investors in ING Income Portfolio. With the need for tax ... More

TOURISM

`India not yet among most competitive tourist destinations'
DESPITE India emerging as a `must see' tourist destination in recent years, the country is not yet among the most competitive tourist destinations in the world, according to World Travel and Tourism Council (WTTC) survey. The council recently ... More

PEOPLE

New Indian chief for Ernst & Young
PROFESSIONAL services firm Ernst &Young would have a new leadership in India from April 1, 2004. Mr Jairaj Purandare has been elected as the firm's Chairman and would take over from the present Chairman, Mr Kashi Memani, from that date. Mr ... More

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