The Hindu Business Line : Monday, December 22, 2003

Sunshine Lottery plans
KOCHI: Sunshine India Lottery, has announced the launch of an initiative under which Kerala would be one of key markets where it would lay special focus in the coming months. The initiative according to an official release here would ... More

AWARDS & HONOURS

AP bags bio award

ECONOMY

Kerala: CDR goes down the slippery slope
THE Credit Deposit Ratio (CDR) in Kerala continues to decline, despite measures introduced about a decade back, for want of serious follow-up of the recommendations made by a Task Force set up for the purpose by the RBI. Dr P.D. Jeromi, ... More

CEOs hopeful of double-digit growth in sales
A MAJORITY of chief executive officers (CEOs), who participated in a snap poll conducted by the Confederation of Indian Industry (CII), expects their companies to register double-digit growth in sales during the current fiscal. In a statement ... More

`Public, private partnership vital for infrastructure development'
THE Coastal Investors Meet has stressed the need for public private partnership in infrastructure development in the region. Participating in a technical session on `Infrastructure", the President and Chief Executive Officer of IL&FS, Mumbai, ... More

Coastal Investors Meet receives Rs 5,684-cr worth proposals
ENTHUSED by the Coastal Investors Meet in Karwar , the Karnataka Government is planning to hold region-wise investors' meet to attract investments to the State. Addressing presspersons here on Sunday, the Minister for Large and Medium-Scale ... More

Govt focusing on development of regional centres: Krishna
THE Karnataka Chief Minister, Mr S.M. Krishna, has said that his Government is focusing on development of regional centres in the State and there has been a policy shift in this regard. Delivering the inaugural address at the Coastal ... More

Naidu to flash `progress report'
DURING the next 10 days, the Chief Minister, Mr. N. Chandrababu Naidu, will present a "Progress Report" over six private television channels of what his Government has achieved. The report will encompass everything from welfare to development and ... More

C. Rangarajan arrives
THIRUVANANTHAPURAM: The 12th Finance Commission team, headed by its Chairman, Dr C. Rangarajan, has arrived here for discussions with the State Government. The commission will have a detailed interaction with the Chief Minister, the ... More

ENVIRONMENT

Air Force Academy launches afforestation
USING `school power', the Air Force Academy, Dundigal, has reclaimed about 400 acres of land, clearing it from wild vegetation and undergrowth as part of an afforestation scheme. About 400 school children from the neighbourhood helped in ... More

HEALTH

`No dearth of philanthropy in India'
THERE are always people willing to give money for a good cause. Ask Dr. S S Badrinath of Sankara Netralaya. The eye hospital has for far received (in the last 25 years) as much as Rs 62 crore in donations. The funding has played a key role in ... More

PHARMACEUTICALS

Pharma sector for IPR-related incentives
IT is not just multinational knowledge companies that cry over Intellectual Property Right (IPR)-related issues. In an effort to set right an anomaly that crept into last year's Budget with relation to IPRs - "regulatory costs" incurred on ... More

TAXATION

Centre may get Rs 250-cr windfall from service tax on brokers
THE Centre is likely to a have a windfall of around Rs 250 crore annually by way of additional service tax following the recent Securities and Exchange Board of India (SEBI) directive to stock brokers asking them to issue contract notes directly ... More

TEXTILES

Textile hand processors seek cut in excise duty
THE hand processing segment of the textiles industry, protected for much of independent India's existence because it provided employment to the most vulnerable of the working population, has since March 2003 witnessed a difficult time, especially ... More

SSI

CII steps to make SMEs competitive
WITH a view to bringing in competitiveness in the SME sector, the Confederation of Indian Industry, Southern Region, has adopted various strategies including formation of clusters to make SME units globally competitive. The first cluster has ... More

WATER

Godavari water for Vizag next year
THE Visakhapatnam Municipal Corporation will be in a position to supply Godavari water by next November, and there will be no delay in the execution of the project, Ms Rajana Ramani, Mayor, said. She was addressing a public meeting at Narava ... More

Water consumers' plea in Kerala
KOCHI: Kerala Water Authority Consumers' Action Council has urged the Government to withdraw all the bills given to consumers with excess amount. The Council at a meeting here on Sunday also demanded re-introduction of consumer cards ... More

MANAGEMENT

Brainstorming — a part of CEO activity
NOT only is it lonely at the top, but CEOs also face several decision dilemmas for which they need mentoring as well as networking. And that's what is increasingly happening, as Indian CEOs come together on various platforms to brainstorm ... More

EDUCATION

IELTS to open second centre in Kerala in January
IDP Education Australia, which conducts International English Language Testing System (IELTS), has proposed to commence testing from Thiruvananthapuram as well, the second centre in Kerala, from January next year. The candidates appearing for ... More

Bengal engineering colleges told to teach foreign languages
THE West Bengal Government has asked engineering colleges in the State to impart French, German and Japanese language skills to students with a view to equipping them for jobs in the information technology and IT- enabled services ... More

SCIENCE & TECHNOLOGY

Bangalore to host global meet on spatial data infrastructure
AN international meet on spatial or map-based infrastructure slated for early next year is expected to give a push to domestic agents and activities built around satellite-based GIS and GPS systems. The seventh annual conference on Global ... More

EVENTS

Engagements

Auto show begins at Vizag

Meet on herbs at Madurai

EXPORTS & IMPORTS

Diamond exports in Nov up 28 pc
CUT and polished diamond exports in November increased by about 28 per cent at $517 million compared to November 2002. On the other hand, polished diamonds exports from Israel, one of the major competitors, also increased by 15 per cent at $518.5 ... More

BEARINGS, CASTINGS & FORGINGS

Foundry sector for barter deal with China to tide over input shortage
THE Indian foundry industry, which is faced with a shortage of its key raw material - pig iron - has requested the Government to enter into a barter deal with China, swapping Indian iron ore for Chinese coke. Foundries melt pig iron and ... More

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