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Tuesday, May 04, 2004

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INDUSTRY & ECONOMY

CLIMATE & WEATHER
MET SIGNS
Isolated rains in Kerala
RAIN and thundershowers occurred at isolated places in Kerala on April 29 and May 1, at a few places on April 30 and at many places on May 2. According to Agromet Advisory dated May 3 and issued by the Met Office, Thiruvananthapuram, chief ... More

Indo-German meet on climate change on May 12
ENVIRONMENT experts from India and Germany will be taking part in a daylong workshop on `Climate change adaptation in India' being held here on May 12 to discuss climate change and its effect on natural and human systems. The workshop, ... More

Cyclonic rains drench the South
MET authorities who have forecast a normal monsoon during the `rain year' just ahead could well take relief from the fact that the first low pressure system of the season has kept more or less with date, bringing most parts of the southern ... More

CEMENT
Cement despatches higher in April
THE four cement majors have reported increase in despatches ranging between 14 per cent and 22 per cent, year-on-year, for April. Associated Cement Companies reported a 14.1 per cent increase in despatches for the month, which were at 13.85 ... More

ECONOMY
Maharashtra's debt burden may be three times its revenue
MAHARASHTRA Government's consolidated debt burden in the current fiscal year is all set to be three times its likely revenue, according to official estimates offered to the Planning Commission recently. This easily puts the Government, battling ... More

INFRASTRUCTURE
Govt urged to use NRI remittances for development projects
AN NRI welfare organisation based in the UAE has urged the Indian Government to introduce a scheme to tap the vast resources obtained by way of NRI remittances to carry out infrastructure development programmes in the country, rather than ... More

PETROLEUM
Stock of light diesel oil — Ministry to move SC against Cenvat order
THE Finance Ministry has decided to file a special leave petition in the Supreme Court against the Karnataka High Court's order setting aside the Revenue Department's circular with respect to Cenvat credit on stock of light diesel oil (LDO) as on ... More

POWER
Higher subsidy bills despite power tariff hike in Karnataka
POWER tariffs in Karnataka have escalated by an average of 35 per cent during the last five years, though this has not resulted in any reduction in the fiscal burden on the State. Power tariffs between 1998 and 1999 have escalated from an ... More

TAXATION
CENVAT main issue in TN powerloom belt
IF there is one word that constantly echoes through the noisy election campaign of every political party in Salem, Coimbatore, Tiruchengode, Rasipuram, Gobichettipalayam and Pollachi Lok Sabha constituencies in Tamil Nadu, it is ... More

SSI
Small enterprises' IT spend to rise 21% CAGR: IDC
Expenditure on IT services is expected to surpass hardware and software spend with a projected 15 per cent CAGR from 2003 to 2008. More

11 Ambattur units to get CII advice
CHENNAI: Eleven units in the Ambattur industrial estate will receive expert advice on efficiency, quality and low cost production under a joint programme by the Confederation of Indian Industry (CII)-Southern Region and the Ambattur ... More

PERSONAL PRODUCTS
FMCG cos' hopes rest on good monsoon
THE FMCG industry is probably looking skywards to detect signs of the monsoon clouds. The reasons are clear. This year's monsoon will be extremely critical for this industry, especially for industry majors like HLL. Last year's monsoon was ... More

EDUCATION
ISB to conduct biz course for executives
THE Hyderabad-based Indian School of Business plans to launch a global executive programme targeted at senior executives of companies that aim to expand business operations in the international market. The two-week programme called `Managing ... More

  • IIITM-K entrance test

    REAL ESTATE & CONSTRUCTION
    Boom time for IT, ITES realty offtake
    THE uptake in real estate space, particularly by the booming IT and ITES segments during the first quarter of 2004, may see further growth. Recent studies point to the possibility of occupancy crossing 20 million sq. ft during the ... More

    LEATHER
    Leather exporters score gains in German, Italian markets
    According to industry sources, about 62 per cent of the country's total exports of leather and leather products were destined for the European Union. More

    PACKAGING
    IJMA moves Calcutta HC on dilution of Jute Packaging order
    THE Indian Jute Mills Association (IJMA) has moved the Calcutta High Court against the recent Union Government's decision to reduce the mandatory packaging order for foodgrains and sugar. According to Mr Sanjay Kajaria, President of IJMA, a ... More

    EVENTS
    Workshop delineates adolescent issues in AP
    A TWO-day State level workshop jointly organised by the Academy of Gandhian Studies, Plan India and Dr Reddy's Foundation on Adolescent Consultations focussed on issues relating to education, communication, health, employment opportunities, ... More

    EXPAM fair to train students
    EXHIBITIONS Promotion and Management (M) Sdn Bhd (EXPAM), a wholly-owned Malaysian company, is organising for the first time in India, a fair that is dedicated to undergraduate and post-graduate students' recruitment and education ... More

    EXPORTS & IMPORTS
    Coffee exports come to a standstill
    COFFEE exports have almost come to a standstill as growers are holding on to their produce. "Growers are holding back their stocks so that they can sell them when they need cash. This is because banks have stopped funding the coffee sector," ... More

    Govt considering EOUs' plea for exemption from sales tax
    THE 100 per cent export-oriented units' (EOUs) plea for exemption from Central Sales Tax (CST) is being favourably considered by the Government, even as the current policy provides such exemption for sales made by units located in special ... More

    TOURISM
    Kailasagiri ropeway to be inaugurated today
    VISAKHAPATNAM: The ropeway at Kailasagiri here — the first in the State and a major tourist attraction — is to be inaugurated on Tuesday, according to the Visakhapatnam Urban Development Authority (VUDA) officials. The Rs ... More




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  • Top Stories
    Managing the capital flow bonanza


    SC judgment on Securitisation Act — Recovery follow-up to be tough for lenders

    Leather exporters score gains in German, Italian markets

    Second-rung corporates, SMEs rush for T-bills

    Cement despatches higher in April

    Boom time for IT, ITES realty offtake

    Coffee exports come to a standstill

    Looking back
    Apr. 25-May. 1
    Drug companies focusing on data protection

    Italian shoe component cos ready to shift base to India

    Maharashtra: Industrial and financial powerhouse

    `Dividend-yield' stocks in limelight

    Prospects bleak for grain exports this fiscal

    BPCL chief does not foresee petro price hike

    `Lung cancer tops in cancer-related deaths'

    Finished steel output up 7.4%

    Import of sensitive items rises 27 pc

    Ministry can encash bank guarantees of FM radio cos: Bombay HC

    IIMB thinking hard to fill the coffer

    FM cos silent on licence fee payment

    Pepsi, Coke in the dock again — And this time it's Aspartame

    Auto parts sector moves in top gear on higher vehicle sales

    `Pesticides exposure can affect mental development of kids': Greenpeace India

    `Changes in lifestyle necessary to control health disorders'


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