The Hindu Business Line : Friday, November 14, 2003

MET SIGNS
North-east monsoon brings copious rainfall and relief in Kerala
First weeding and top dressing can be taken up in paddy fields. An episode of leaf roller attack is indicated, in respect of which control measures are prescribed. More

ANTI-DUMPING

Dumping duty mooted on imports of chloroquine
THE Designated Authority in the Commerce Ministry has recommended the imposition of provisional anti-dumping duty on Chinese chloroquine phosphate, an organic chemical primarily used as a drug for malaria. In its preliminary findings, the ... More

ECONOMY

Bengal, Sikkim to work jointly on improving infrastructure
THE West Bengal government has proposed to draw up a `concrete proposal' jointly with Sikkim on the infrastructure that needs to be put in place for facilitation of trade through the Nathula Pass before submitting the same for the consideration ... More

Sikkim hopeful of luring Rs 1,000-cr investments
HAVING put in place its new industrial policy package, which offers a slew of incentives for entrepreneurs who wish to invest in the Himalayan state, Sikkim is hopeful of attracting investments to the tune of Rs 700 crore to Rs 1,000 crore within ... More

ENVIRONMENT

KSPCB identifies site for dumping hazardous waste
THE Karnataka State Pollution Control Board (KSPCB) has identified a common site near Dawaspet for treatment of hazardous waste. The project is likely to be completed by December. Mr J. Alexander, Chairman, KSPCB, said this at an interaction ... More

India, US to share expertise in climate change tech
INDIA and the US have agreed to increase cooperation in various aspects of climate change such as renewable energy and energy efficiency, climate modelling and integrated environment strategy. This was decided at a meeting between the visiting ... More

FOREIGN TRADE

India keen to tap trade potential with Sudan
THE Indian Government is keen to fully exploit the trade potential with Sudan, Mr S.B. Mookherjee, Minister of State for Commerce and Industry, here on Thursday said. While inaugurating the second meeting of India-Sudan Joint Business Council ... More

India, Philippines plan to enhance bilateral trade
IN a joint communiqué issued at the Fifth meeting of India-Philippines joint business council (JBC) organised by the FICCI here on Thursday, both Indian and Philippines businesses have agreed to look at newer areas for enhancing bilateral trade. ... More

HEALTH

Global Hospitals' gesture to young liver patients
TO mark the Children's Day on Friday, Global Hospitals, a multi-organ transplantation centre, on Thursday announced that it would perform `living related' transplantations for children afflicted with end-stage liver disease free of cost. The ... More

Concern over high cost of anti-TB drugs
THOUGH there are several alternative systems of medicine available in the country, the medicines required for the treatment of tuberculosis is far from adequate, according to the President of the National College of Chest Physicians (India), Dr. ... More

SAARC Health Ministers' meet
HEALTH Ministers from the SAARC countries will be meeting in the Capital on Friday to discuss, among other things, the strategy for the region to keep drugs affordable and accessible to the masses. The two-day SAARC meet is expected to see the ... More

PETROLEUM

PSU oil cos decide to pay interim dividend
THE boards of the public sector oil companies in consultation with the Petroleum Ministry will decide the quantum of interim dividend payout to the exchequer. In a meeting held today between the Finance Ministry and the Petroleum Ministry, it ... More

POWER

Standalone SHPs not viable, says expert
SMALL Hydro Power (SHP), the clean, environmental-friendly, technically feasible and decentralised energy generation option for rural electrification, is not an economically viable alternative, according to Mr Arun Kumar, Director of Alternate ... More

Chhattisgarh plans to set up 2,000 MW additional capacity
THE Chhattisgarh State Electricity Board (CSEB) plans to set up additional capacity of 2,000 MW at an investment of Rs 8,000 crore. The state-owned power utility which generates 1,360 MW is in talks with neighbour Maharashtra, Gujarat and ... More

STEEL

Govt may call steel meet to address woes
IN a bid to bridge the conflict of interests between the primary and secondary steel producers, the Ministry of Steel is likely to call a meeting of the primary producers next week to discuss the issue of price stability and lowering of import ... More

TAXATION

Address inequity in income taxation: Kanwar
THE Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday lamented that the industrial sector is being "disproportionately" burdened as a source of tax revenue for the Government. "There is a need to increase the ... More

Oct indirect tax collections up 13%
REFLECTING the general buoyancy in industrial activity in the last few months, indirect tax collections have increased in October 2003 on a year-on-year basis. Customs duty collections stood at Rs 4,947 crore, registering a 13.39 per cent ... More

`Direct tax mop-up will exceed Budget estimates'
THE Central Board of Direct Taxes is confident that the total direct tax collection for fiscal 2003-04 would exceed the budget estimates. "We are optimistic that the direct tax collections for this year would exceed the budget estimates. The ... More

`Integrate service tax with VAT'
SERVICE tax should form an integral part of value-added tax (VAT) and be levied in a comprehensive manner in respect of both goods and services under a system of VAT at the national level, according to Dr Amresh Bagchi, Professor Emeritus, ... More

TEXTILES

NTC subsidiaries' revival stuck in land sale imbroglio
THE Rs 3,383-crore revival strategy of eight of nine subsidiaries of the National Textile Corporation (NTC) mills, approved a year ago by the Board for Industrial and Financial Reconstruction (BIFR), remains stuck over sale of surplus lands ... More

`Textile units must adopt modern tech'
TEXTILE manufacturers should adopt modern equipment and latest technologies and produce quality goods to survive the emerging competitive scenario, according to the Union Minister of State for Textiles, Mr Gingee N. Ramachandran. Participating ... More

Pdexcil calls for steps to stabilise cotton yarn price
THE Powerloom Development and Export Promotion Council (Pdexcil) has expressed concern over the upsurge in cotton yarn prices. If the trend continued, it would be difficult for the weaving industry even to maintain its current level fabric ... More

Textiles stocks ride high
SOME of the textiles stocks on Thursday smartly moved up on bourses on the news that certain overseas retail chains were planning to source textile products from Indian manufacturers. The Alok Industries and Indian Rayon stocks recorded 52-week ... More

Awards for apparel exporters

COAL

Coal equity most cost-effective, says Plan panel
THE Planning Commission has told the Union Government that it should look for equity in coalmines abroad, in addition to its ongoing oil equity forays. Although India is buying equity in oil and gas fields abroad, estimates show coal may be the ... More

RADIO/TV

Star's new CEO to visit India next week
And the newly-appointed Chief Executive Officer, Ms Michelle Guthrie, is expected to touch down in Mumbai next week having taken over the reins recently from Mr James Murdoch, who has been appointed head of the Newscorp's DTH operation, BskyB in ... More

EDUCATION

45 cos to visit IFMR for campus placement
OVER 45 companies will be visiting the Institute for Financial Management & Research, Chennai, for campus recruitment this year, according to a press release issued by the institute. The 2002-04 batch, which graduates in January 2004, consists ... More

`Education UK' next week
KOCHI: The British Council is organising its annual Education UK Exhibition here on November 21 and 22 for students interested in studying in the UK. The exhibition, which is held twice a year in nine cities across the country, is being ... More

MEDICAL INSTITUTIONS & HOSPITALS

Apollo's low-cost treatment draws patients from West
LOW cost of treatment for a standard that matches that of the West has drawn a group of patients from developed countries to Apollo Hospitals. Two British nationals and a Canadian undergoing treatment at Apollo, Chennai, were introduced to the ... More

REAL ESTATE & CONSTRUCTION

Real estate experts seek low stamp duties
THE real estate business could contribute nearly 10 per cent to the country's gross domestic product, if the sector was made competitive by lower stamp duties and liberal land use norms, according to experts at Realty-2003, a conference ... More

Good demand for Bhoomi kiosks
MANGALORE: There is a good demand for Bhoomi kiosks at the hobli-levels, the Principal Secretary (Public Grievances), Department of Personnel and Administrative Reforms, Mr R. Suresh, has said. These kiosks provide access to computerised ... More

NEWSPAPERS & PUBLISHING

TN Assembly issue: Advani optimism
THE Deputy Prime Minister, Mr L.K. Advani, expressed optimism that the issues arising out of the Tamil Nadu Assembly sentencing six journalists would be sorted out. In a brief interaction with journalists after inaugurating a three-day national ... More

SOCIAL WELFARE

Centre to provide 75 pc subsidy for slum housing
THE Centre will foot 75 per cent of the subsidy bill for the implementation of Valmiki Ambedkar Awas Yojana (Vambay), a housing scheme for slum dwellers in urban areas. For the North-Eastern states, the Centre will increase the subsidy to 90 per ... More

RURAL DEVELOPMENT

TN Govt to revamp nutrition programmes
THE Tamil Nadu Government has improved upon its policy to eradicate hunger in the State. It will involve more government departments to make food products and crops more nutritious and encourage local communities to improve the existing nutrition ... More

RASI project to be extended across TN
THE Tamil Nadu government will extend the Rural Access Services through Internet (RASI) project across the State. It aims to bridge digital divide between urban and rural areas by setting up Internet kiosks through public-private ... More

EVENTS

Thai expo begins in Mumbai today
THAILAND Exhibition 2003, an international trade and consumer fair from Thailand, will be held at the World Trade Centre here from November 14 to 16. The exhibition, organised by the Thai Trade Centre, will showcase 14 different product ... More

IIM(K) management seminar promises to be a big draw
THE Indian Institute of Management, Kozhikode, is all set to host its annual seminar, `Horizons 2003: Exploring the Frontiers of Management', on November 15 and 16. At a press conference, Prof. Unnikrishnan Nair, Faculty Advisor, Horizons, ... More

Karnataka: Coastal Investors' Meet planned in December
MORE than two years after it showcased Karnataka to global investors, the State Government is replicating the mega investment exercise exclusively for the coastal region. The Coastal Investors' Meet will be held in the Tagore beach of Karwar in ... More

Hyderabad engagement

ENTREPRENEURSHIP

Training for entrepreneurs

EXPORTS & IMPORTS

Delay in FCI stock delivery, inadequate rake availability — Foodgrain exporters are a worried lot
FOODGRAIN exporters are a harried lot today, with roughly Rs 1,200 crore of their payments stuck with the Food Corporation of India (FCI) against undelivered wheat and rice from the latter's godowns. "Despite having valid release orders for ... More

Exporters complain of delay by Kolkata Customs
EXPORTERS of both perishable items (including marine products) and other products in the eastern region complain of enormous delay by the Kolkata Customs with regard to conversion of free shipping bills (white bills) into DEPB, resulting in ... More

Karur Vysya to market ECGC risk products
EXPORT Credit Guarantee Corporation (ECGC) has signed a MoU with Tamil Nadu-based Karur Vysya Bank Ltd, to enable the former to route marketing of its export credit/risk insurance products through the latter under the concept of ... More

TOURISM

Heritage home owners in Kerala to offer a taste of old glory
KERALA'S traditional architecture has fascinated visitors to the State, but for the owners of many of these heritage buildings, maintaining them has been an uphill task. The `Grihasthali' scheme launched by the State tourism is, therefore, ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line