INDUSTRY & ECONOMY
Haryana announces sops to woo industrialists
THE Haryana Chief Minister, Mr Om Prakash Chautala, has announced several concessions to woo the industrial sector. These include exemption from re-payment of internal development charges, introduction of composite application form on the ...
Contentious issue of ammonia movement
THE termination of the contract with the Mumbai-based ABC & Sons Ltd by public sector FACT for transporting liquefied ammonia gas (LAG) by barges has taken a new turn, with the former initiating arbitration proceedings
Delegation from Argentina visits Kerala
THIRUVANANTHAPURAM: A delegation of scientists from Argentina visited the State this week to examine investment options in areas such as biotechnology and food processing. The delegation held meetings with the Industries Minister, Mr ...
Dynamics of an oil shock
CRUDE oil futures continued their upward surge to come within striking distance of $50 per barrel level. We are in for an `oil shock' and should look at its economic impact on the global economy. Interestingly, the Federal Reserve monetary ...
Price for fuel is real, but its cost is only a statistic
WHEN an emperor struts around, he doesn't want to see anything other than bowed heads and mutters of praise. To say anything about his new clothes would be inappropriate. Something similar was played out a couple of weeks ago when an oil company ...
Bengal in CAG line of fire over drugs Act
THE Comptroller and Auditor General of India (CAGI) has remarked that the implementation of the Drugs and Cosmetics Act, 1940, was "unsatisfactory" in West Bengal during 1998 to 2003. It said consumers had been prone to serious health hazards ...
AP Govt steps up efforts to streamline power sector
IN A significant development to streamline the power sector, the Andhra Pradesh Government on Sunday announced a major move to crackdown on illegal farm sector power connections and decided to invoke the provisions of the recently-enacted ...
APERC drafts regulation for electricity traders
THE Andhra Pradesh Electricity Regulatory Authority (APERC) has formulated a draft regulation specifying the technical requirements, capital adequacy requirement or credit worthiness for being an electricity trader in the State, and the duties of ...
Power Grid Corporation chosen for safety study
HYDERABAD: Power Grid Corporation Ltd, Southern Region Transmission System, Secunderabad, has been selected by the National Safety Council, as one of the 13 case studies of national safety day celebrations highlighting the uniqueness and ...
Singareni Collieries signs pact with labour union
SINGARENI Collieries Company Ltd, a public sector undertaking, has entered into a memorandum of settlement with the Singareni Coal Mines Labour Union, a recognised union of the company, on 10 issues pertaining to the welfare of the ...
Ministry creates new post for suspended Coal India chief
THE Union Ministry for Coal has created a new post "supernumerary" to accommodate the company's suspended Chairman, Mr N.K. Sharma. The CIL chairman's post has been declared "vacant" with effect from August 16, and a notice has been issued ...
Row over bar licence fee in Kerala
"THERE are liquor bars attached to hotels and hotels attached to bars," says Mr Jose Dominic, Managing Director of the CGH group of hotels. The reference is obviously to the seedy watering holes mushrooming across Kerala's landscape, where ...
REAL ESTATE & CONSTRUCTION
`Value property scientifically'
MANGALORE: The Kanara Chamber of Commerce and Industry (KCCI) has urged the Sub-Registrar of Mangalore, who is also the secretary of the valuation sub-committee for Mangalore city, to fix value for properties in Mangalore city on a ...
Early pay for Central staff in Kerala
THIRUVANANTHAPURAM: Central Government employees can draw salary/pension for the month of August 2004 from the 25th onwards, according to the Central Government Employees' Welfare Coordination Committee here. All Central Government ...
Vijayawada lays platform for Krishna fete
AS THE Krishna Pushkaram fete approaches, the Vijayawada division of the South Central Railway is gearing up for the 12-day river fete set to begin on August 28. The Vijayawada railway station is being upgraded for ...
`Ethics needed in PR'
MANGALORE: Efficiency and ethics will have to be balanced in the public relations profession, according to Dr Shashikala-Murphy Gurupur, former Assistant Professor of Manipal Institute of Communication. Honesty and accuracy should be ...
Look at the human side, judge tells taxmen
URGING tax professionals to look more closely at the human side of the job, Mr Justice Anurabha Barua of the Calcutta High Court said here on Saturday that "the purposive interpretation of law was to help society." Stressing on the urgent need ...
Kerala: Cashing in on the tourist dollar
AS Kerala opens its doors to the thousands of tourists who are expected to come to taste the offerings of God's Own Country this season, some recent happenings in the State's travel and tourism sector do not augur well for the future of the ...
`Public-pvt partnership in tourism turns sour'
THE decade-old public/private partnership in Kerala's tourism industry is turning sour. "Beleaguered by inordinate delays in the decision making process, lack of transparency and a relatively high cost regime, the pioneering partnership ...
APTDC plans to construct modern convention centre
THE Andhra Pradesh Tourism Development Corporation (APTDC) is planning to construct a modern convention centre in the city. MARCH, a city-based marketing consultancy research company, is doing a feasibility report for the project. Premavati, ...
Kerala Tourism bags awards
THIRUVANANTHAPURAM: Kerala Tourism's seven-brochure kit, Life in a New Light and CDs, Where the Season Never Ends - Malabar Mystique and A Day with the Masters have won the Indian Association of Tour ...
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