The Hindu Business Line : Thursday, May 06, 2004

CLIMATE & WEATHER
Rain pounds Lakshadweep
THE slow-moving but hyperactive low-pressure system, stationed 100 km north-east of Amin Divi in Lakshadweep on Wednesday evening, pounded the islands to a record-breaking 43 cm of rain that fell during the 24-hour period ending at 8.30 a.m. ... More

OUTSOURCING
R&D outsourcing set for rapid growth
INCREASING awareness about Intellectual Property (IP) and the thrust on creating a regime for its enforcement have led to gradual but certain growth of research and development (R&D) outsourcing by multinational corporations. According to ... More

ECONOMY
Kerala must look to services, manpower for growth: Study
THE age of remittances and consumption spurring economic development is behind Kerala. The State will have to forge new models for sustaining growth in the 21st century. "The future growth pattern should be based on a combination of export of ... More

EXCISE AND CUSTOMS
CBEC issues order on unused Cenvat
THE Central Board of Excise and Customs (CBEC) does not want assessees to get away with unintended dual benefit under the excise law as well as the Income-Tax law on account of the treatment of unutilised Cenvat credit balance at the ... More

INFRASTRUCTURE

Directive to Kochi Corpn

POWER
Trifurcation of MSEB unlikely before deadline
After a report by a consultant, the State Government realised that the steps taken to break-up the MSEB was complicated. More

STEEL
Steel cos gearing up to hike long products price
STEEL companies are gearing up for another round of price hike, which is likely to be effective from the beginning of June. According to officials in the steel-making companies, this time the increase will be more prominent for the long ... More

WATER
Down the drain
Precious drinking water goes waste at Nagole in Hyderabad on Wednesday morning, even as the city is facing acute shortage of the commodity.

Seminar on water management in Mangalore

REAL ESTATE & CONSTRUCTION
Sudden steel, cement price hike hits construction in Tiruchi
THE construction industry in Tiruchi district is in a bind over the sudden increase in the prices of steel and cement in the last two months. According to Mr S. Suriamoorthy, President, Builders Association of India (BAI), Tiruchi Chapter, the ... More

FOREIGN DIRECT INVESTMENT
Citicorp International among 24 FDI proposals cleared
THE Government today cleared 24 FDI proposals involving FDI worth Rs 204.01 crore. The proposals approved by the Minister for Finance and Company Affairs, Mr Jaswant Singh, include the US-based Citicorp International Finance Corporation's plan ... More

EVENTS
Industry captains attend Business Line Mumbai launch function
AN elegant launch function attended by several business and industry heads marked the much-awaited entry of the Hindu Business Line in Mumbai. The Mumbai edition of the paper will bring to readers the distinctive flavour of the Hindu ... More

In Hyderabad today

Meet on accreditation in Madurai

EXPORTS & IMPORTS
Oilmeals export may top 40 lakh t
Soyabean meal export has doubled to 26.8 lakh t while rapeseed meal export has stabilised to 4.5 lakh t. More

TOURISM
Foreign tourist arrivals cross 3-million mark
FOR the first time, foreign tourist arrivals to India crossed the three million mark in 2003-04, thanks to a 23 per cent jump in tourist traffic in the winter season from October 2003 to February 2004, and plans are on to improve on that figure ... More

STANDARDS & BENCHMARKS
Japanese way to quality lauded
THE Indian industry should adopt the Japanese management practices, for as the western management styles may not be that suitable in the Indian context, said Mr R. Rama Rao, General Manager, NTPC, Simhadri. He was delivering the key-note ... More