Financial Daily from THE HINDU group of publications
Wednesday, December 10, 2003
Markets (Dec. 9)
BL 2501868.22 (+36.03)
BSE Sensex5229.34 (+97.80)
S&P CNX Nifty1675.85 (+29.60)
US Dollar (Buy/Sell)45.49/45.62
Gold Std (10 gm)6085 (+10)

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INDUSTRY & ECONOMY

ECONOMY


US Fed: Words drive markets
"NEVER in history have so many owed so much to so few" was Winston Churchill's stirring praise of the RAF's defence of London from German bombing during World War II. "Never in history have financial markets been spooked so much by two words" ... More

ACCOUNTANCY


Oman invites ICAI to develop accounting profession
OMAN has invited the Institute of Chartered Accountants of India (ICAI) to collaborate with its authorities to ensure professional development of Omani youth. The invitation came from Mr Sayyid Abdulla Bin Hamad Al Bussaidy, Minister-in-Charge ... More

HEALTH


Manipal Hospital to offer rehab, sports medicine
MANIPAL Hospital, Bangalore's landmark multi-speciality healthcare destination, has introduced its 40th speciality in the form of Rehabilitation and Sports Medicine. The department has a dedicated team of doctors, nurses and professionals who ... More

  • BPCL health camp in Coimbatore

    INFRASTRUCTURE


    Karnataka to woo private investors to develop minor, intermediate ports
    THE Karnataka Government is gearing up to woo private investors to develop minor and intermediate ports in the State. The Coastal Investors' Meet to be held in Karwar of Uttara Kannada district on December 20 and 21 will make efforts in this ... More

    PETROLEUM


    Hindustan Petro keen to complete pipeline project in 3 years
    HINDUSTAN Petroleum Corporation Ltd (HPCL) hopes to complete its proposed 1,008-km Mundhra-Delhi product pipeline within the next three years. The company has offered 25 per cent of the pipeline capacity on a common carrier basis; expressions ... More

    BPCL policy for crude risk management soon
    BHARAT Petroleum Corporation Ltd is all set to put in place its risk management policy for crude oil imports. Company officials are working on forming the policy for hedging commodity risks that will soon be presented to the board of directors ... More

    Fuelling demand
    Use of petrol and petroleum products in the State has jumped 35.89 per cent over the last three years with a rapid rise in the sale of motor vehicles over the period. In real terms, petroleum sales rose from 2,93,335 tonnes in 1999-2000 to ... More

    POWER


    NTPC's Kayankulam thermal plant being repaired
    KOCHI: Power generation at NTPC's Kayankulam thermal plant is likely to be restored soon. The snag in the steam turbine is being rectified and the plant is expected to become operational soon, an NTPC official said. The power supply from ... More

    TAXATION


    LS passes taxation law Bill
    THE Lok Sabha on Tuesday passed a Bill that seeks to replace the Taxation Laws (Amendment) Ordinance 2003. The Ordinance, which was promulgated on September 8, had exempted from income tax the interest paid outside India by the ship-breaking ... More

    SSI


  • Buyer-seller meet of SSIs

    TYRES


    Govt allows tyre exporters to claim DEPB on kg basis
    TYRE exporters in the country may have cause for cheer. Acceding to their request, the Central Government has allowed fixation of value caps for availing duty entitlement passbook (DEPB) on a per kilogram basis. This is as against the present ... More

    WATER


  • Water conservation award

    REAL ESTATE & CONSTRUCTION


    Eco Ministry notification on construction draws flak
    THE Union Environment and Forest Ministry's (MoEF) efforts to bring housing construction activity within its purview has hit a roadblock with the builders, the States and the Union Urban Development Ministry resisting the move. The builders' ... More

    SCIENCE & TECHNOLOGY


    Meet on ocean technology from today
    THE latest developments and skills in ocean technology that have made India a world leader in this sphere will be on show at a conference commencing here on Wednesday. The international conference on coastal and ocean technology is being ... More

    `Remote sensing a powerful tool for planning process'
    REMOTE sensing is an extremely powerful tool for both national and village level planning, said Dr R.R. Navalgund, Director, National Remote Sensing Agency. Making a presentation on `Decentralised planning - remote sensing inputs' at the ... More

    IBM TryScience kiosk
    BANGALORE: IBM India has launched the first IBM TryScience kiosk at the Nehru Planetarium here along with the Bangalore Association for Science Education. The TryScience kiosk solutions will reinvent science learning, recreate the ... More

    DISINVESTMENT


    Panel raps Govt on disinvestment policy document
    A PARLIAMENTARY panel on Tuesday rapped the Government for adopting a casual approach towards its repeated recommendations asking for a comprehensive policy document on disinvestment, which could be laid before the Parliament for approval. In ... More

    SMALL SAVINGS


    `EPF claims to be settled in days'
    THE Employees' Provident Fund (EPF) has come of age to suit the needs of the current demands of the changing system and the aspirations of member workers, according to Mr S.K. Khanna, Additional Central Provident Fund Commissioner (South ... More

    SOCIAL WELFARE


    Third sex appeal
    Hermaphrodites in Visakhapatnam present a memorandum to the Vizag District Collector seeking free houses on Tuesday. They were accompanied by Ms P. Varalakshmi, the local MLA in the dissolved State Assembly, who appealed for help on humanitarian ... More

    EVENTS


    ISB Class of 2004 to host ThinkASIA
    THE Class of 2004 of the industry-driven India School of Business (ISB) has conceptualised a thought leadership meet that seeks to brainstorm issues relating to making Asia a global leader. With ThinkASIA, slated for December 12, these students ... More

    70 Indian cos to attend Hannover fair
    OVER 70 Indian companies will participate in 2004 Hannover Fair, according to organisers of the event. The Indo-German Chamber of Commerce will organise group participation for Indian companies to facilitate sub-contracting, they said. Indian ... More

    Stress on safety norms
    MANGALORE: The Senior Vice-President of Mangalore Chemicals and Fertilizers (MCF) Ltd, Mr P.C. Jain, has said that steps have been taken to adopt safety norms in its factory here and to increase green cover around it. Presiding over a ... More

  • Hyderabad engagements

    TOURISM


    Taskforce set up to boost tourism in Bengal, North-East
    The East and the North East were "well endowed and gifted with nature's bounty" and held great potential for earnings from tourism. More
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    Mid-Term Monetary and Credit Policy for the year 2003-2004

    Pick a Winner Stock Market Contest

    Top Stories
    Salaries, licence fees drag BSNL net 77%


    `Attrition spreading to traditional sectors as well'

    Poor growth in telecom manufacturing

    `Lending rates to fall with new PLR'

    `EPF claims to be settled in days'

    Ministry mulls revival of Mumbai-Karachi sea link

    In Focus
    Outsourcing backlash
    Stamp paper scam
    Housing finance scenario
    Insurance Round-up — 2003
    Organic farming
    The Cable tangle
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Rising intolerance
    (The Hindu)
    Vaishnavaite Temples in Tamil Nadu
    (The Hindu)
    Saivite Temples in Tamil Nadu
    (The Hindu)

    In Depth
    Insurance Corner
    Swati CA
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Iraq Diary

    Looking back
    Nov. 30-Dec. 6
    For reforms to succeed address poor nations' needs: PM

    Cement prices rise slowly but steadily

    AIDS drugs at lower prices for Govt-run programmes

    Basmati exports may be hit on new EU rule — Serious impact on shipments from Pakistan

    Chemicals, engineering goods prop up exports in April-July

    Govt plans green channel for law-abiding exporters

    Falling prices push cement majors to cut production

    Bengal SEZ Bill not to allow strikes

    Eco Ministry notification — `Construction sector may take a hit in 2004'

    10 SEBs pare losses by Rs 4,700 cr during last fiscal

    Non-leather footwear exports log 55% growth

    Coal India mulls setting up power plants

    Rising rupee dents textile exporters' margins

    Cos may lose Rs 22,000 cr due to power cuts: Survey

    Greying of Kerala to cause headaches


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