The Hindu Business Line : Friday, May 07, 2004

CLIMATE & WEATHER
MET SIGNS
Bountiful summer showers in Kerala
THE 2004 summer is proving bountiful for Kerala in terms of the amount of showers recorded, with as many as 10 districts soaking under `excess' rain and the rest receiving `normal' falls. This will go to make up for the `deficient' and even ... More

Depression turns into cyclonic storm
THE deep depression in the south-east Arabian Sea has intensified into a cyclonic storm and stopped dead on its tracks on Wednesday evening at a place "too close for comfort" for Amin Divi in the Lakshadweep. The small islet had been subjected ... More

ECONOMY
IIPM releases economy review
THE Indian Institute of Planning and Management (IIPM) has released the `India Economy Review 2003-04,' a thematic compilation of economic thought, ideas, questions and solutions. Releasing the review here, Mr M.K. Chaudhuri, Founder-Director ... More

FOREIGN TRADE
CII chalks road map for ties with S-E Asia
IN an effort to further cement the country's economic ties with the South-East Asian nations, the Confederation of Indian Industry (CII) has drawn up a road-map not only to open an office in Korea but also organise the second successive `Made ... More

INFRASTRUCTURE
IMC plans to develop Mumbai as `Knowledge City' — In talks with political parties to develop infrastructure
`Together we can do wonders' is the chamber's theme of the current year. It has also decided to set up a `think tank' with prominent citizens, businessmen, retired administrators and academicians. More

Unit owners asked to help improve facilities at Bengal industrial estates
THE West Bengal Small Industries Development Corporation (WBSIDC) has pleaded its inability to improve infrastructure facilities at the existing industrial estates developed and owned by it because of shortage of funds. The corporation's ... More

PHARMACEUTICALS
Pharma majors alive with IT buzz
FROM managing mergers to shaping up in the face of competition, there is a certain info-tech (IT) buzz around large pharma companies. Following the merger, Pfizer Ltd has completed the IT-integration of Parke-Davis, Novartis has set up a ... More

PLASTICS
Chennai plastic producers seek steps to curb input prices
THE Chennai Plastics Manufacturers' and Merchants' Association has called for support measures to control increasing prices of plastic raw materials. According to the association, a kilogramme of plastic raw material has increased from Rs 40 in ... More

POWER
KPCL's Bellary plant attains financial closure
THE 500-MW Bellary thermal power station promoted by the Karnataka Power Corporation Ltd (KPCL) has gone into financial closure. SBI Caps and the public sector Punjab National Bank are the lead arrangers for the debt component comprising 80 per ... More

RADIO/TV
SC seeks ad revenue details from Ten Sports
THE Supreme Court today asked the Dubai-based Ten Sports to give details of the advertising revenue it garnered during the Indo-Pak cricket series. A Bench comprising Mr Justice N. Santosh Hegde, Mr Justice S.B. Sinha and Mr Justice S.H. ... More

FM radio cos fail to pay licence fees
NONE of the private FM radio companies have paid up the annual licence fee even as the deadline expired today. Sources in the Government confirmed that nobody had paid up, but some of the companies, which had approached various courts in Delhi ... More

EDUCATION
Despite confusion over fee structure — IIM-C plans to issue admission letters
THE Indian Institute of Management, Calcutta, (IIM-C) is planning to start issuing admission letters to the new batch of students amid lack of clarity regarding the fee structure. According to institute sources, to avoid delay at the beginning ... More

Ohio-Manipal School announces admissions
THE Ohio-Manipal School of Business (OMSB) has announced admissions for the academic year 2004 - 2006 for its 18-month residential MBA programme. The programme is spread across six academic quarters. Students have the option of completing the ... More

SSLC exam results on phone in Karnataka

AIR-CONDITIONERS & REFRIGERATORS
Safexpress scheme for refrigeration industry
LOGISTICS company Safexpress has launched customised support solutions for the air-conditioning and refrigeration industry that promises the white goods industry the lowest inventory holding through a `single window' scheme. The initiative, ... More

PAPER, BOARD & NEWSPRINT
Paper stocks gain from rise in global prices
THE rise in the international paper prices boosted the stock market sentiment towards paper company scrips in Thursday's trading. Brokers said that most of the paper companies gained due to the rise in the international paper prices by $25-40 ... More

INDUSTRY ASSOCIATIONS
PHDCCI wants SEBI to set up panel to examine, approve delisting cases
TO make the delisting procedure smooth for all the stakeholders - the stock exchanges, the companies and the investors - the PHD Chamber of Commerce and Industry (PHDCCI) has urged the the Securities and Exchange Board of India to consider ... More

SCIENCE & TECHNOLOGY
Vigyan Rail enters Karnataka
VIGYAN Rail, the 12-coach science exhibition-on-wheels of the Department of Science and Technology, highlighted the development and achievements of India in science and technology, agriculture, defence and various other sectors, in Mangalore on ... More

HUMAN RESOURCES
AICTE to form board for registering of engineers
THE winds of globalisation are sweeping across the engineering profession in the country. To enable the profession face the challenges of globalisation, the All India Council for Technical Education (AICTE) will constitute a National Engineers ... More

EVENTS
Hyderabad to host Green Building Congress in Aug
GIVING a big boost to the green building movement in the country, Hyderabad is holding two major events, World Green Building Council (WGBC) meet and Green Building Congress (GBC), in August. The WGBC conference, being held for the first time ... More

Mahindra UWC meet on youth initiative
THE Mahindra United World College of India (Mahindra UWC) will host a series of conferences titled `Challenges and Opportunities in South Asia: A Youth Perspective,' under the aegis of the Youth Initiative for Peace (YIP). According to a ... More

Technology Day fete in Thiruvananthapuram

EXPORTS & IMPORTS
CBEC assures exporters of sorting out drawback claims
THE Finance Ministry has assured exporters that their legitimate pending claims on drawback payments would be "looked into" and settled at the earliest. The Member Customs, Central Board of Excise and Customs (CBEC), Mr Siddharth Kak, gave this ... More

TOURISM
Travel agents hope Malaysia will scrap rule on bank guarantee
THE Travel Agents' Association of India (TAAI) is hopeful that Malaysia will soon scrap its recent decision requiring travel agents to furnish bank guarantees of Rs 3.5 lakh with the High Commission to avail themselves of its online visa ... More