INDUSTRY & ECONOMY
RESEARCH & DEVELOPMENT
Jindal Stainless institutes industry chair at NID
The industry chair, instituted for a period of six years, has meant an initial investment of Rs 52 lakh by Jindal and an equal sum by NID.
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NON-CONVENTIONAL ENERGY
BHEL to supply solar-powered pumps to Punjab
BHEL's Electronics Division in Bangalore has bagged a Rs 19-crore contract for the supply of solar-powered water pumping systems to Punjab. The contract is for supply, installation, commissioning and post-sales service of 700 sets of solar ...
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CHEMICALS
Nitro glycerine-based explosives to be banned from today
THE explosives business is set to enter a new phase with a ban on traditional nitro glycerine-based explosives that takes effect on Thursday. These explosives, synonymous with dynamite, can no longer be manufactured, stored, sold or used ...
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ECONOMY
GDP soars 10.4 pc in 3rd quarter Farm sector expands 16.9 pc; industry, services too post robust growth
THE economy is seemingly on a roll, with the country's gross domestic product (GDP) registering a 10.4 per cent year-on-year growth during the third quarter of 2003-04. This is over and above the growth rates of 5.7 per cent and 8.4 per cent for ...
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India Inc delighted over double-digit growth
INDIA Inc has reacted with enthusiasm and welcomed the news that the GDP has grown by 10.4 per cent in the third quarter of 2003-04. "India is now truly on a high growth path and has achieved its ambition of being among the fastest growing ...
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Credit plan outlay for DK pegged at Rs 1,237.7 cr
THERE has been an increase of nearly 30 per cent in the annual credit plan for Dakshina Kannada district for 2004-05 compared to the previous year. The credit plan, which was launched at the District Consultative meeting for Banking ...
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NRI deposits push up external debt stock to $112.1 b
THE country's total stock of external debt has surged from $105.22 billion in end-December 2002 to $112.10 billion in end-December 2003. The surge of $6.88 billion has been entirely on account of an increase in outstanding non-resident Indian ...
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AP Ordinance on vote-on-account promulgated
HEALTH
Free AIDS drugs from today, with or without price pact
THE absence of an agreement on drug prices will not hold up the Government's initiative to make free anti-AIDS drugs available to people living with HIV/AIDS from April 1. The Government will kick off the first quarter of the free AIDS-drugs ...
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HOTELS
Marina Towers hotel in Chennai to open tomorrow
THE Marina Towers, a 120-room business class hotel, located near the Egmore Railway Station, will open for business on April 2. Constructed at a cost of Rs 10 crore, it took almost 14 years to complete following some setbacks, according to the ...
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POWER
Simhadri plant crosses power generation target
THE 1,000-MW Simhadri thermal station of the NTPC at Parawada near here generated 7,699 million units during the current financial year, the second year of its operation, against a target of 7,500 million units, achieving the plant load factor of ...
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TEXTILES
India still weighing EU offer of textile quota hike
INDIA is still considering the European Union's latest offer of 30 per cent increase in quota of textiles and clothing, particularly if the exceptional flexibilities are extended to use the increased quota in any of the categories of New Delhi's ...
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SSI
Help on the way for sick SSIs run by AP women
THE State-level Inter Institutional Committee (SLIIC) has asked ALEAP Credit Guarantee Association (ACGA) to identify the sick small-scale industrial units run by women entrepreneurs. At a meeting held at Reserve Bank of India's local office ...
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RADIO/TV
Cathy Peza joins Toonz
THIRUVANANTHAPURAM: Toonz Animation India has announced the appointment of Ms Cathy Peza, veteran animation producer, as Studio Manager. According to Mr P. Jayakumar, Chief Executive Officer, Toonz Animation, Ms Peza would develop ...
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EDUCATION
IIT-Kharagpur signs MoU with Canadian varsity
THE Indian Institute of Technology, Kharagpur (IIT-KGP) has signed a memorandum of understanding (MoU) with the University of Waterloo, Canada, with a view to exploring possibilities for co-operation in research, scholarship and exchange ...
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DISINVESTMENT
SEBI to probe ONGC share allotment issue: Shourie
THE market regulator SEBI will probe into the issue of over-allotment of ONGC shares to retail investors to find out if there was any ``culpable mistake'' and to determine as to who should bear the consequent losses, the Union Disinvestment ...
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West Coast Paper submits EoI for Govt stake in Hind Paper
MR S.K. BANGUR, Chairman of West Coast Paper Mills Ltd (WCPML), confirmed here on Wednesday that the company, jointly with Rama Newsprint & Paper Ltd, submitted an expression of interest (EoI) for the purchase of 74 per cent of the Union ...
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TRADE & LABOUR UNIONS
Call to put down bandh-hartal farce in Kerala for BPO bonanza
THE bandh-hartal jinx in Kerala has cost the State dearly in terms of investments in business process outsourcing and health tourism and it is high time concerned citizens called the bluff of its perpetrators, according to Mr G. Vijaya Raghavan, ...
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EVENTS
VGP Trade Centre to be opened on April 16
THE VGP Group will hold weekly markets on the East Coast Road at the newly constructed 72,000 sq ft trade centre. Coinciding with the VGP Trade Centre's inauguration on April 16 will be a car sale from April 16 to 18. VGP World Trade Centre ...
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In Hyderabad today
EXPORTS & IMPORTS
Hyderabad software exports to cross $1 b
SOFTWARE exports from Hyderabad are set to cross the $1-billion (Rs 4,500-crore) mark during the financial year 2003-'04, an increase of more than 20 per cent over last year. According to the Director of the Software Technology Parks of India, ...
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ALTERNATIVE MEDICINES
Taskforce formed to boost traditional medicines
IN order to identify, evaluate, standardise and improve the quality of traditional medicines, a taskforce comprising senior representatives from the Government, the Federation of Indian Chambers of Commerce and Industry (FICCI), VHERDS (the ...
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TOURISM
It's now focus EU for AP Tourism
AFTER creating a strong brand in the Indian tourism industry, Andhra Pradesh Tourism has now set its eyes on the global market, with a particular focus on European Union countries. Besides deputing high-level delegations to leading tourism and ...
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AP Tourism fair from tomorrow
HYDERABAD: Promoting Andhra Pradesh as a tourist destination, the State Government, in association with the Bangalore-based India International Travel Mart, is organising a three-day travel and tourism fair here beginning April 2. Slated ...
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PEOPLE
Campco president quitting to contest polls
THE President of the Central Arecanut and Cocoa Marketing and Processing Co-operative (Campco) Ltd, Mr B. Nagaraja Shetty, has said he will resign from the post. However, he will remain as the director of the Campco board. Addressing ...
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