The Hindu Business Line : Monday, February 09, 2004

STORAGE
Ice makers, cold storage owners seek Karnataka Govt aid
THE Karnataka Coastal Ice Plant and Cold Storage Owners' Association has urged the State Government to release grants to 152 cold storage plants in three coastal districts. Addressing presspersons here , the President of the association, Mr P. ... More

COURTS/LEGAL ISSUES
Rs 17.4-cr worth cases settled in Coimbatore district
THE Coimbatore District Legal Services Authority has settled close to 2,000 cases involving Rs 17.40 crore between January and December 2003. In terms of number, bank cases topped the list in settlement. Out of 1,998 cases settled during the ... More

ECONOMY
CII sees all-round growth
THE Confederation of Indian Industry (CII), in its state of the economy presentation for the quarter ended December 2003, has said that there was strong growth in all components of the Gross Domestic Product (GDP). In a statement, the chamber ... More

ENVIRONMENT
Forestry clearance rules modified
THE Centre has issued a fresh set of guidelines for conversion of forest villages into revenue villages. Addressing a press conference here, the Environment and Forests Minister, Mr Ramesh Bais, has said that ownership rights (pattas) would be ... More

FERTILISERS
Subsidy issue holds up LNG supply to urea units
WITH the first shipment of liquefied natural gas (LNG) from Petronet LNG already in the Mumbai port, the urea-manufacturing units are in the process of finalising supply contracts with the public sector energy companies, which have the marketing ... More

FOREIGN TRADE
Plea to import metcoke from China against iron ore exports
THE Southern India Engineering Manufacturers' Association (SIEMA), Coimbatore has asked the Union Government to import metallurgical coke from China against the export of iron ore from India. This is in view of the renewed spurt in the prices of ... More

HEALTH
Global Hospital shows the way in heart transplantation
FOR the first time in Andhra Pradesh, Global Hospitals has conducted heart transplantation on 33-year-old, Mr K. Ramesh, of Medchal in Ranga Reddy district. Dr A. Gopalakrishna Gokhale, a senior cardio thoracic and transplant surgeon who led ... More

PSU
`5 Navaratna PSUs overstated assets'
THE Comptroller and Auditor General of India (CAG) has said that aggregate value of assets of five public sector undertaking has been overstated by a hefty Rs 546.70 crore as on end-March 2003. The detection was made during a test check on the ... More

PETROLEUM
LNG transportation: New challenges for shipping sector
Going by the demand projections for natural gas in India, port and shipping sectors should gear up to handle huge LNG imports in the coming years. More

GSPC deal with GAIL for regassified LNG
GUJARAT State Petroleum Corporation (GSPC) has become the single largest consumer of regassified LNG in the country, the seller being GAIL India Ltd. Mr Proshanto Banerjee, Chairman and Managing Director, GAIL, and Mr C.K. Koshy, Chairman, ... More

PHARMACEUTICALS
AP okays Rs 3-crore corpus for Pharmexcil; to provide land near ISB
Pharmexcil is slated to play an active role in building the country's image as a quality supplier of pharmaceutical materials and finished goods, ayurveda and homeopathic materials, finished and biotech products. More

POWER
Simhadri plant to be dedicated to nation today
THE Simhadri thermal power plant here, with an installed capacity of 1,000 MW, is to be dedicated to the nation on Monday in New Delhi by the Prime Minister, Mr Atal Behari Vajpayee. The function will be held in Vigyan Bhawan, New Delhi, at 11 ... More

Transco strengthens T&D network for quality power
THE Transmission Corporation of Andhra Pradesh Ltd (APTransco) has announced that the corporation would invest about Rs 700 crore towards transmission sub-stations while laying the foundation stone for the construction of 132/33 kV sub-station at ... More

TAXATION
`Service taxes survey is just awareness drive'
THE Finance Ministry has said that its ongoing exercise of a nationwide survey on service tax should not be considered as a "harassment," but only seen as an attempt to spread the "awareness levels" on the need for service providers to conform to ... More

SSI
Match workers' protest
MADURAI: The All-India Federation of Cottage Matches Manufacturers' Association will hold a dharna in Virudhunagar district and in places like Tuticorin, Tiruchi and Gudiyatham, to draw the attention of the Central and State Governments, ... More

WATER
Chennai may have to turn to sea for water
With the failure of successive monsoons, the lakes feeding Chennai have gone dry. More

Water level declines in Kerala reservoirs
THIRUVANANTHAPURAM: Water level at the three major reservoirs of Idukki, Kallada and Idamalayar declined when compared with the levels recorded during the last week. According to the figures released by the Central Water Commission, the ... More

CONSULTING
Industrial consultancy, key revenue earner for XLRI Jamshedpur
INDUSTRIAL consultancy is increasingly emerging as a major source of revenue for XLRI Jamshedpur. The leading B-School, whose strength lies in personnel management & industrial relations and business management education, takes up between 85 and More

CINEMA
`Foster animation film talent'
INDIA ran the risk of stagnating as a mere outsourcing hub for animation films, if efforts were not made to encourage the creation and production of such films here. Stating this, Ms Anita Agnihotri, Director and CEO of Roop Kala Kendro (an ... More

Censor Board revamped
THIRUVANANTHAPURAM: The Central Board of Film Certification has been reconstituted, a spokesman said here. Mr Pattanakkadu Purushothaman and Mr Ambat Baby have been appointed to the Central Board of Film Certification from Kerala. The ... More

DISINVESTMENT
Punjab Tourism makes gains on divestment
IN an interesting case of disinvestment, the Punjab Tourism Development Corporation (PTDC), has not just successfully sold its `Holiday Homes Scheme', a losing enterprise, with attendant irritants, but also made cash in the bargain. The ... More

EVENTS
CII to hold Safe Food workshop on Feb 13 at Kochi
AS a continuum of the CII study of enhancing competitiveness of processed food sector in Kerala, CII is organising a workshop on Safe Food here on February 13. The objective of the workshop is to disseminate information on the various aspects ... More

Financial services meet at Mumbai on Feb. 12
MUMBAI: Atharva Educational Trust, the Engineering and Management education conglomerate, is organising a seminar on "Managing structural changes in financial sector" at the ITC Grand Maratha Sheraton, Mumbai on February 12, between 9.00 ... More

Discussion on industry
THIRUVANANTHAPURAM: The Group of Technopark Companies (GTECH) will hold a discussion on `What ails enterprises in Kerala' here on Monday. Among co-organisers are the Confederation of Indian Industries (CII), TiE Kerala, the Kerala ... More

Agenda for the week

EXPORTS & IMPORTS
Exporters to CIS urged to use corridor via Iran
IN keeping with the Commerce Ministry's Focus-CIS programme to recapture markets of the region in a big way, especially for engineering goods, exporters to the CIS region have now been urged to make greater use of the ... More

Buoyant trend in oilmeal exports
EXPORT of oilmeals (extractions of oilseeds) from the country reached the highest level of the season so far with shipments aggregating 6.46 lakh tonnes last month, taking the total during the first 10 months of the current fiscal to 22.58 lt, a ... More

TOURISM
God's own dishes
THE next time you curse your spouse for serving up puttu and kadala or appam and stew for breakfast, pause and count your blessings. There are people around the world who are prepared to spend precious money to travel all the ... More