INDUSTRY & ECONOMY
RESEARCH & DEVELOPMENT
Call for more focus on R&D by companies
INDIAN industry should be more focussed to research and development (R&D). The balance sheets of the companies suggest that the total spend on R&D is not enough. Once the investments increase, larger creativity and commercial value would eman
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CLIMATE & WEATHER
Summer showers bring some solace in Kerala
VIOLENT roll of thunder accompanied by lightning on Monday evening announced the onset of summer showers in the capital city, parts of which were left "shell-soaked" at the end of a robust spell that held for up to half-an-hour. The classical ...
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NON-CONVENTIONAL ENERGY
BHEL solar project to put Lakshadweep in limelight
THE island group of Lakshadweep, power-starved until the mid-1980s, turned to the Sun a few years ago. It is now set to have the largest solar electrification project in the entire Asia-Pacific. By the middle of next year, grid-interactive ...
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BESCO urged to hike rebate for solar water heater users
THE `Silicon City' of Asia, which claims many milestones in technology absorption, has taken a lead in solar water heater usage, accounting for more than 50 per cent of the all-India figure. The city has more than two lakh domestic solar water ...
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BUDGET
AP Ordinance coming for first quarter vote-on-account
CAUGHT in a piquant situation with the House dissolved and some more time to go in for polls, the Andhra Pradesh Government would take a vote-on-account Budget to be preceded by an ordinance that would empower use of funds from the Consolidated ...
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COURTS/LEGAL ISSUES
Sorabjee favours alternate dispute resolution method
ALTERNATE Dispute Resolutions (ADRs) are vital in the Indian context as they could go a long way in de-congesting the pressure on Indian courts. This was stated by Mr Soli Sorabjee, Attorney General of India, at the Australia-India Legal Dialogue ...
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ECONOMY
Fed may deliver upbeat assessment
AS usual, the market is riveted on the Federal Open Markets Committee (FOMC) meeting which by the time this prints would have ended in an interest rate announcement and the usual post-meeting statement. That the FOMC will hold rates is a ...
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PHDCCI study moots investment strategy in J&K
A FOCUSSED approach and flexible strategies are required to be put in place by the State Government to attract private investments, while a socio-economic cost benefit analysis is needed for investing or promoting new ventures in Jammu and ...
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ENVIRONMENT
Tirupur dye sector in pollution net — Told to fork out Rs 104-cr cash compensation
THE issue of pollution is revisiting the Tirupur textile wet processing industries. This time it comes with a notice of cash compensation payable to the farmers affected by the ground water pollution from a pollution auditing agency. The Loss ...
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HEALTH
Baxter India cuts dialysis fluid prices
BAXTER India (Pvt) Ltd has announced a 12 per cent cut in the price of its `Peritoneal Dialysis' fluids used in the treatment of kidney related ailments. The prices of the 2-litre twin bag system have been dropped to Rs 145 per bag from Rs 165 ...
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Homeo health camps in Thiruvananthapuram dist
Imprimis opens centre
PSU
New HRM paradigm for PSUs
Creating an industrial environment that facilitates maximum realisation of an individual's natural capabilities contributes to the good of the firm, state and society.
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PETROLEUM
ONGC to expand MRPL capacity by another 3 mt
ONGC plans to invest close to Rs 2,000 crore for adding another three million tonnes refining capacity to its 9.69-mt Mangalore refinery. The move will help ONGC, which holds 71.6 per cent stake in Mangalore Refinery and Petrochemicals Ltd ...
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Petronet's Kochi LNG terminal hangs fire
THE chances of Petronet LNG Ltd's (PLL) terminal coming up in Kochi appear to be diminishing following the company's decision to set up a new terminal at Mangalore. PLL sources told Business Line that the tender prequalification for the ...
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POWER
4 pvt power projects set for financial closure
FOUR private sector power projects worth Rs 8,437 crore with a total capacity of over 2,000 MW have been finalised for financial closure before March 31, 2004, by leading lenders. The inter-institutional group comprising State Bank of India, ...
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Narmada dam height up to 110 mt cleared
THE Narmada Control Authority (NCA) has permitted the raising of the Sardar Sarovar Project (SSP) main dam height to 110.64 metres from the existing level of 100.64 mts. With the minimum height required for generating hydro-electric power ...
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STEEL
OECD plans pact to ban steel sector subsidies
AS the international steel market remains volatile, the Organisation for Economic Cooperation and Development (OECD) is moving ahead with its plan to put in place a global agreement banning all forms of state subsidies for the steel industry by ...
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TEXTILES
EU offer of textile quota enhancement — Will riders outweigh benefits for India?
THE latest offer by the European Union to raise its 2004 textile and clothing quota levels by a hefty 30 per cent to India with some conditionality has given rise to differences in perceptions by some segments of domestic industry and ...
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RADIO/TV
Ten, DD may go for out-of-court settlement
A DAY before the Supreme Court gives its verdict, the Dubai-based Ten Sports Chief, Mr Abdul Rehman Bukhatir, said that the channel will share the rights with the national broadcaster for the second match being played at Rawalpindi safeguarding ...
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Walt Disney on a `fact-finding mission'
THERE is plenty of cheese. But in business, Mickey Mouse treads carefully. US entertainment major, Walt Disney, is still on a ``fact-finding mission'' to assess the possibility of launching its channel in India. ``We are here to study the ...
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TRAI ready with consultation paper for cable TV pricing
THE Telecom Regulatory Authority of India (TRAI) is ready with the consultation paper on pricing for the cable television industry. "We have finalised the consultation paper on cable television pricing and should be presenting it to government ...
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EDUCATION
Mangalore Varsity budget proposals
MANGALORE: The Finance Officer of Mangalore University, Mr Jameel Ahmad Khan, presented a deficit budget of Rs 15.91 lakh for 2004-05 at the academic council meeting here on Tuesday. He said that Rs 21.59-crore expenditure and Rs ...
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IIM-B faculty flays fee cut move
THE 68-member faculty of the Indian Institute of Management, Bangalore, has put together a resolution criticising the Human Resources Development Ministry's decision to reduce tuition fees at the Institute. According to Mr Bringi Dev, Head, ...
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Coaching for CS course in Hyderabad
IDP session on Friday
GENDER
FICCI consultancy cell for AP women entrepreneurs
LENDING a helping hand to women entrepreneurs, the FICCI Ladies Organisation (FLO) has launched a Business Consultancy Cell at its Hyderabad chapter to provide information and counselling required for setting up business ventures. The cell, set ...
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DISINVESTMENT
GMDC: A highly undervalued `disinvestment candidate'
THE stock of Gujarat Mineral Development Corporation (GMDC) has been ruling steady in an otherwise volatile market. Rumours of the company being a disinvestment candidate have been dogging the counter for a while. "There is talk that ...
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EVENTS
China council to hold industrial, consumer exhibition in Mumbai
THE China Council for the Promotion of International Trade (CCPIT), Guangdong Sub-Council, the apex government body of China for promoting international trade, is holding its first exhibition showcasing industrial and consumer products from more ...
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In Hyderabad today
ENTERTAINMENT & LEISURE
Japan shadow over Asia-Pacific media, entertainment spend
In Asia-Pacific, broadband households are expected to increase to 169 million households in 2008.
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EXPORTS & IMPORTS
`Farm export subsidies must be on per unit basis in WTO'
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has emphasised the need for limiting export subsidies on agriculture products on a per unit basis in WTO, besides commitment in value and volume terms. Under the existing ...
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VENTURE CAPITAL
`VC funding in manufacturing sector needs more support'
Compared to the western countries, VC funding is yet to pick up in India.
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PEOPLE
Honour for AP scientist
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