STEEL
`Steel wire industry facing excise problems'
THE Steel Wire Manufacturers Association of India (SWMAI), representing the domestic steel wire and wire industry, has claimed that the industry was confronted with a "serious problem" in the wake of a recent Supreme Court judgement that ... More

SSI
AP registers high incidence of sickness among SSIs
SICKNESS among small-scale industries (SSIs) is rather high in Andhra Pradesh. Among the registered SSI units, the percentage of closed industries is as high as 38 per cent. Translated into numbers, the closed SSI units are a whopping 38,788 ... More

TYRES
Rubber shortage forces tyre cos to import more
FACED with a severe shortage of natural rubber in the domestic market, tyre manufacturers have decided to go in for more imports in the coming months to tide over the crisis. Tyre companies now propose to import 35,000 tonnes of rubber by this ... More

CIGARETTES
Plea for retaining single-point tax on cigarette industry
THE Associated Chambers of Commerce and Industry of India (Assocham) has sought retention of single point taxation through the specific duty structure and additional excise duty for the cigarette industry in the forthcoming Budget. The ... More

RADIO/TV
TV networks unbundle channels to sell airtime
BUYING advertising time across various channels of a broadcasting network and getting a cheaper deal has become a thing of the past. Most broadcasting companies have now started selling airtime in each channel individually to advertisers. Media ... More

EDUCATION
Image College of Arts set up
IMAGE Infotainment Ltd, a digital media company, has set up Image College of Arts, Animation & Technology to train students in visual effects and game development. Starting July, Image College of Arts will offer year-long postgraduate diploma ... More

UGC-DST combine pushes for job-oriented courses
WITH the share of the services sector in the gross domestic product (GDP) poised for a leap, the University Grants Commission and the Department of Science and Technology are pushing for an image make-over of the traditional courses in arts and ... More

DJ Academy in pact with NID
THE DJ Academy of Design (a unit of GKD Charity Trust) has entered into a tie-up with the Ahmedabad-based National Institute of Design (NID) for introduction of a Post Graduate programme in Design Fundamentals for engineering students. The ... More

REAL ESTATE & CONSTRUCTION
Indian real estate sector growing at 30 pc — Chennai `most attractive' for investments
"IF you are not in India today, you may as well not be in business," says Mr Pol-Henry Cox, Managing Director, Jones Lang LaSalle, an international property consultant. Real estate development in India is estimated to be in the region of $12 ... More

BIO-TECH & GENETICS
Singapore is streets ahead of India in biotech race
"Drug company Eli Lilly's research and development (R&D) centre in Singapore has an Indian as its chief. Some of the staff and scientists at the Singapore centre are also from India. But, the operations itself are not located in India," says an . More

NEWSPAPERS & PUBLISHING
IHT issue: RNI officials replaced
AFTER the controversy surrounding the printing and publication of the International Herald Tribune (IHT) in India, the Government today shifted the Registrar of Newspapers in India (RNI), Mr G.D. Beliya and the Deputy Press Registrar, Mr Uday ... More

FOREIGN DIRECT INVESTMENT
ICICI Venture among FDI plans cleared
ICICI Venture Funds Management Company Ltd's plan to raise funds for its India Advantage Fund from non-resident Indians (NRIs), persons of Indian origins and other overseas investors involving foreign direct investment (FDI) worth Rs 450 crore ... More

EVENTS
Gold meet to discuss jewellery trend
THE country's bullion hub will host a two-day seminar on gold `India Gold Convention 2004' during August 20-21, which will focus on India as the emerging world market for gold. Experts from here and abroad will share their views on demand and ... More

EXPORTS & IMPORTS
Spices exports double in Apr-May
SPICES exports continued to show substantial growth almost doubling it in May 2004 also to take the tally during the first two months of the current fiscal to 67,968 tonne valued at Rs 400.20 crore as against 33,400 tonne worth Rs 280.10 crore ... More

Deals struck to import 7 lakh t raw sugar
CONTRACTS have been signed for import of at least seven lakh tonnes of for raw sugar during the past few days, trade sources have said. Of this, about 1.5 lakh tonnes of raw sugar had already arrived at Kandla port. Majority of imports were ... More

TOURISM
Travel agents' body to boycott Tourism Malaysia road show
THE Travel Agents Association of India (TAAI), Southern Region, will boycott the Tourism Malaysia road show in Chennai on Tuesday to protest the bank guarantee imposed on travel agents by the Malaysian High Commission in India. Mr R.A. ... More

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