The Hindu Business Line : Saturday, December 13, 2003

Govt-industry tie spurs R&D for CFC substitutes
"Earlier, the market for substitutes was small, but now it is developing in India after the use of CFCs by OEMs was banned in December 2002." More

EMPLOYMENT

Canada relaxes immigration norms
THERE is good news for professionals aspiring to immigrate to Canada. With the Canadian Government relaxing the pass marks needed for immigration to Canada from 75 to 67, even those with only one year of work experience could be eligible for ... More

AUTOMOBILES

Good ride for cars in Nov; sales up 41 pc
DESPITE approaching the end of the year, car sales saw healthy growth during November buoyed by attractive discounts and freebies on offer as well as indications by several car majors of an impending price increase in the new year. Sales ... More

ECONOMY

Industrial growth slips to 5.4 per cent in Oct
INDUSTRIAL growth in October slipped to 5.4 per cent against seven per cent in corresponding month last year. As per the quick estimates of Index of Industrial Production (IIP) released by the Central Statistical Organisation, while mining grew ... More

ENVIRONMENT

Air quality improver

FERTILISERS

Fertiliser cos join hands to talk terms with Petronet LNG
LEADING fertiliser companies from the western part of the country have formed an informal group to bargain for gas at reasonable rates from Petronet LNG Ltd. Officials of fertiliser companies including IFFCO, Kribhco, RCF Ltd and Shriram ... More

FOREIGN TRADE

PM visualises a single currency for S. Asia
A SINGLE currency for South Asia, mutual security co-operation and open borders could be the region's peace dividend, ushered in through the creation of hope and opportunity for its billion-and-a-half people, said the Prime Minister, Mr A.B. ... More

India may benefit from proposed EU licensing norms
PROPOSED changes in European Union regulations that govern licensing agreements are likely to benefit Indian companies because they would bring down the cost of doing business by removing trade barriers within the Union. The essence of the ... More

INFRASTRUCTURE

India must improve infrastructure, cut red tape, says LG executive
THE stable political and economic situation in India has prompted Korean electronics and fast-moving consumer goods (FMCG) giants to invest heavily in India, the Executive Vice-President, LG Electronics, Mr Kwang-Ro Kim, has said here. ... More

PETROLEUM

BPCL moves to sell products thru e-choupal network
CONSUMERS in the rural areas of several States may soon have access to a portfolio of petroleum products from Bharat Petroleum Corporation Ltd (BPCL) through ITC Ltd's e-Choupal network, if a project currently being discussed by the two companies ... More

Bed of gases
More

Hydrogen fuel vehicle prototype by 2006: Naik
THE country may develop its first prototype vehicle running on hydrogen fuel in the next three years, according to the Petroleum Minister, Mr Ram Naik. Associated infrastructure such as hydrogen dispensing units may come up over the next decade, ... More

PHARMACEUTICALS

Pharma sector can double market size in 7 yrs, says Ranbaxy CEO
THE domestic pharmaceutical sector has the potential to double its existing market size by the year 2010 and thereby become the second major manufacturing base in the world next to China provided it is supported by the right regulatory framework, ... More

STEEL

`US plan to cut tariff may push steel prices up'
PRIMARY steel producers are not expecting a windfall following the US Government's decision to reduce tariffs on its steel imports but are hopeful that it may lead to an increase in global steel prices. Sources in the major steel companies ... More

SSI

KVIC hikes honey production target to 70,000 tonnes
THE Khadi and Village Industries Commission (KVIC) has set a target for increasing honey production from 35,000 tonnes to 70,000 tonnes by 2005-06, under its `Honey Mission' programme. Participating in the `Honey Festival', organised by the ... More

Tansidco setting up estates to boost tiny units
FIVE industrial estates for tiny industries are being established in different regions in the State by the Tamil Nadu Small Industries Development Corporation (Tansidco), in order to give a fillip to this sector that is not ... More

SSI Bill likely in Budget session
SMALL Enterprises Development Bill, 2003 is likely to be tabled in Lok Sabha during the Budget Session 2004, according to Mr Tapan Sikdar, Union Minister of State for Small-Scale Industry. Participating in a seminar on `Small Enterprises - ... More

EDUCATION

MK varsity debars students
MADURAI: The Directorate of Distance Education of the Madurai Kamaraj University has unearthed an admission scandal, while scrutinising the applications for the November-December 2003 examinations at its centre at Chennai. According to ... More

Rs 7.5-cr scheme to provide quality education to children in Karnataka
UNICEF, in association with Azim Premji Foundation and the Karnataka Government, will be spending Rs 7.5 crore on a comprehensive strategy to improve the quality of education and infrastructure as part of the `Child-friendly School Initiative' ... More

CNBC biz school quiz show
CNBC-TV18 has announced the launch of a nationwide business school competition, Trial By Fire, to test how prepared management students are for the pressures of work life. `Trial By Fire' is in the form on an incisive quiz show where the focus ... More

AUTOMOBILE COMPONENTS

Waiting for Volkswagen in Vizag
THE small-scale and medium-scale automotive units here are gearing up for the arrival of Volkswagen, amid speculation that the German major has almost cleared the proposal to set up a Rs 1,700-crore plant and that only a formal announcement is ... More

INDUSTRY ASSOCIATIONS

Allow Iranian banks to open in India: CII
IN an effort to help the Indian business community further increase exports to Iran, the Confederation of Indian Industry (CII) has urged the Indian Government to consider giving permission to an Iranian bank to open an office in India without ... More

SCIENCE & TECHNOLOGY

Government commissions study on nanotechnology
THE Indian National Academy of Engineering has been asked by the Union Government to prepare a policy document on the steps the country could take to be in the forefront of developments in the field of nanotechnology. Nanotechnology deals with ... More

Science Centre planned in Vijayawada

PRINTING

`Ink makers must focus on new products'
THE All-India Printing Ink Manufacturers Association (AIPIMA) has asked the ink manufacturers to focus on new segments and launch new products, especially in the ultraviolet range, which is used for offset, flexography and screen ... More

PACKAGING

`Food packaging industry must get its act together'
THE food industry has to "pull its packaging act together" if it hopes to exploit the international markets, according to Mr Bushen Raina, Managing Director, Tinplate Company of India Ltd. Packaging is at the heart of the marketing strategy in ... More

RURAL DEVELOPMENT

A `clean' chit for Semmipalayam village
Semmipalayam village has 100 per cent protected drinking water and is also credited with completely eliminating `open defecation'. More

EVENTS

Youth summit to begin tomorrow at Hyderabad
AROUND 1,000 youths from nearly 40 countries from South and South East Asia will be gathering here at Youth Empowerment Summit (YES) slated to begin on December 14 to discuss country networks on promoting youth employment and ... More

UK envoy seeks more Indian investments
THE UK has sought more investments from India, and a strong pitch was made in this regard by the new British High Commissioner in India, Mr Michael Arthur. Speaking at a business workshop - `Investing in the UK,' organised here by the ... More

Asian markets tough nuts to crack, say biz bosses
GROWING at a rapid pace lately, several Asian markets have shown that they are extremely tough nuts to crack, opine experts at the Leadership Summit hosted by the Indian School of Business. One cannot venture out with set templates and successful ... More

`Industrial engineering has key role in current scenario'
INDUSTRIAL engineering (IE) has to play a crucial role as India is now emerging as a force to reckon with in the world market and is set to take on the majors in many sectors, Mr Proshanto Banerjee, Chairman and Managing Director of Gail (India) ... More

World Bank to host development event in Delhi
THE New Delhi office of the World Bank would host for the first time in the country, an event called India Country-level Development Marketplace (IDM) on April 15, 2004, here in partnership with the Federation of Indian Chambers of Commerce and ... More

TOURISM

Kerala bags two FICCI tourism awards
KERALA Tourism has won awards from the Federation of Indian Chamber of Commerce and Industry (FICCI) for `best marketing' and `best use of IT in tourism'. Mr Alkesh Kumar Sharma, Director, Kerala Tourism, said that the awards were given away at ... More

ECONOMIC OFFENCES

Telecom engineer sentenced
KOCHI: The CBI Special Judge II, Ernakulam, has sentenced Mr Murali Mohanan Nair, Sub-Divisional Engineer, Telecom, Karunagappally, to undergo rigorous imprisonment for one year and to pay a fine of Rs 25,000 for offences punishable under ... More

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