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Friday, October 29, 2004

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INDUSTRY & ECONOMY

ECONOMY
Revenue expenditure highest in Kerala: Study
`Growth in developmental and non-developmental expenditure recorded during the past 10 years does not indicate a desirable trend.' More

ENVIRONMENT
Sub-panels to monitor Eloor, Edayar regions
THE first meeting of the Local Area Environment Committee (LAEC) for Eloor and Edayar regions has decided to form sub-committees comprising experts in the field of hazardous wastes to assist the committee while making visits to various industrial ... More

FOREIGN TRADE
Swiss plea to entrepreneurs
HYDERABAD: The Development Economic Western Switzerland (DEWS), comprising Cantons of Vaud, Valais and Neuchatel, has asked the Indian entrepreneurs to leverage the opportunities and facilities offered by it. Mr Francis Sermet, Managing ... More

HEALTH
Kerala launches free anti-retroviral scheme
THIRUVANANTHAPURAM: The State Government has kicked off a programme that ensures free anti-retroviral therapy to the HIV-infected in the State. This is the first own-funded initiative from any State Government to provide free treatment ... More

INFRASTRUCTURE
Big township planned in Sonepat
REAL estate developer Parsvnath Developers Ltd is planning a 1,000-acre township in Sonepat, entailing a project cost of Rs 2,000-3,000 crore. "In the first phase, we will develop 450 acres of land and we are already in talks with Jammu and ... More

`Develop Tiruchi airport'
THE proposal of the Civil Aviation Ministry for improving the non-metro airports should include the Tiruchi Airport, is the consensus arrived at a meeting organised by the Confederation of Indian Industry (CII) at Tiruchi, recently. Other ... More

PETROLEUM
Oil price spurt largely speculative: Chidambaram
ADMITTING that the high global crude prices was a matter of concern for the Government, the Finance Minister, Mr P. Chidambaram, on Thursday said the spurt in oil prices was largely speculative in nature and there was no justification in crude ... More

Now, a gas cooperative in Anand
THE first cooperative movement here gave birth to the white revolution in the country. But the enterprising Patel community of Anand in Gujarat is not one to rest on past laurels and has identified natural gas as the next big opportunity. In ... More

PHARMACEUTICALS
IPA opposes patent law that will hurt generics
THE Indian Pharmaceutical Alliance (IPA) has written to the Group of Ministers (GoM) looking into the amendments to the Patent Act, reiterating that all its members opposed patent applications meant to delay the entry of generic drugs. The IPA ... More

SSI
TN Chamber for timely credit to SSIs
THE Tamil Nadu Chamber of Commerce and Industry, while appreciating the Reserve Bank of India's firm decision against a hike in interest rates and the decision to raise the credit limit for small scale industries from Rs 50 lakh to Rs 1 crore, ... More

Plea to upgrade infrastructure at Baikampady Industrial Area
THE Kanara Small Industries Association (KSIA) is planning to submit a proposal to the State Government to upgrade the infrastructure at Baikampady Industrial Area in Mangalore. It is also seeking the implementation of an engineering cluster ... More

BREWERIES
Scotch pours in; but no cheers for global brands
THE Scotch whisky exports to India vaulted 15 per cent in value during the first half of 2004 but the global Scotch brands have nothing much to cheer about from their presence in the domestic market. The value of exports crossed 6.2 million ... More

RADIO/TV
DTH players should compete on service, not content: TRAI
IN an attempt to boost direct-to-home (DTH) services and promote competition, the Telecom Regulatory Authority of India (TRAI) has suggested that content must be made available freely and on a non-discriminatory basis. In its draft ... More

EDUCATION
IIM-K management seminar on Sunday
THE Indian Institute of Management-Kozhikode will be holding its operations management seminar, OPUS 2004, on October 31. The theme of this year's seminar is `Operations Excellence in Indian Industry' focusing on supply chain management, ... More

LIBA offers executive programme
LOYOLA Institute of Business Administration (LIBA) in association with Universitas 21 Global will offer a blended learning programme that integrates the on-campus experience with interactive online learning modules. The one-year executive ... More

Xavier Association Fest
THIRUVANANTHAPURAM: Mar Athanasios College for Advanced Studies (MACFAST) will be hosting the Xavier Association of Management Institute (XAMI) Student's Fest and Faculty Interface 2004. Dr Abraham Mulamoottil, Principal, said the Fest ... More

Management seminar in Kochi
KOCHI: Rajagiri School of Management is organising a two-day international seminar on `Global Competitiveness of Corporate India - Strategic Challenges' on December 11 and 12 on the occasion of the golden jubilee of Rajagiri College of ... More

ELECTRICAL GOODS
Electrical appliances to have energy efficiency labelling
THE Centre will introduce energy efficiency labelling for all electrical appliances and gadgets in a phased manner. A notification is expected to be issued in March 2005 empowering manufacturers to affix energy labels for household ... More

GOLD & SILVER
Spot gold may correct lower
SPOT gold prices corrected lower after a drop in oil prices and a surprisingly stronger dollar, which lead to good profit taking in the precious metals. Recently strong safe havens like gold fell out of favour and the dollar and equities rose as ... More

INDUSTRY ASSOCIATIONS
Chambers back talks with naxals
EVEN as doubts are being expressed over the continuation of talks between the Andhra Pradesh Government and naxalites, the Associated Chamber of Commerce and Industry of India (Assocham) and the Federation of Andhra Pradesh Chambers of Commerce ... More

CINEMA
Goa gets ready for film show
THE golden beaches of Goa are being dressed up for the annual International Film Festival of India (IFFI). In an attempt to compete with Cannes Film Festival, the State has in almost record time put forward its best foot forward by upgrading ... More

DISINVESTMENT
Govt plans to sell 10 pc stake in Rashtriya Chem
AFTER the resounding success of NTPC's initial public offer, the Union government is considering selling 10 per cent stake in Rashtriya Chemicals and Fertilizers Ltd (RCF) in the open equities market. According to sources, Mr R. Poornalingam, ... More

SMALL SAVINGS
Senior citizens savings scheme coverage extended
THE Union Government has extended the coverage of the Senior Citizens Savings Scheme to individuals who have already retired. Retired individuals who have so far not opted for the scheme can now invest in it before November 26 this year i.e. ... More

FOREIGN DIRECT INVESTMENT
CII to set up FDI promotion council
THE Confederation of Indian Industry (CII), on Thursday, announced that it would set up a foreign direct investment (FDI) promotion council to facilitate incremental foreign direct investment. Announcing this, Mr Sunil Kant Munjal, President, ... More

Kinfra in pact with French chamber
KERALA Industrial Infrastructure Development Corporation (Kinfra) and the Le Havre Chamber of Commerce have signed a memorandum of understanding (MoU) to promote French investments in Kerala. Dr G.C. Gopala Pillai, Managing Director, Kinfra, ... More

SOCIAL WELFARE
Union Bank support to NGO
HYDERABAD: Union Bank of India (UBI) has extended a support of Rs 4 lakh to Sweekar-Upkar, a 27-year-old non-Governmental organisation (NGO), into the service of the physically and mentally challenged children in Secunderabad. The bank ... More

EVENTS
Workshop on service tax in Coimbatore
COIMBATORE: As part of efforts to create an awareness about the latest guidelines on service tax, the Coimbatore District Small Industries Association (Codissia) is organising a workshop on service tax on Friday. According to Mr J. Balu, ... More

  • Service tax melas today

    ENTREPRENEURSHIP
    `Building an enterprise' the CavinKare way
    MR C.K. Ranganathan, Chairman & Managing Director of the Rs 295-crore FMCG company CavinKare Pvt Ltd, will address on Friday over 300 first-year MBA students of the Department of Management Studies, Sathyabama Institute of Science & Technolog More

    EXPORTS & IMPORTS
    Anthurium — a flower with potential in domestic, global markets
    THE demand for anthurium cut flowers in the domestic and world market is so high that there is a tremendous potential for India, but to tap this market the country must step up production. Between 1999 and 2002, the demand has grown by about ... More

    Grievance cell for exporters
    NEW DELHI: The Government announced the constitution of the Grievance Redressal Committee to improve the operational efficiency of the Directorate General of Foreign Trade. An official release issued here said that the Union Commerce and ... More

    NATURAL CALAMITIES
    Gujarat bags award for quake relief measures
    THE Gujarat Government's earthquake resettlement and rehabilitation effort has been recognised by a Commonwealth entity as the most innovative `governance initiative' in 2003-04. The Commonwealth Association for Public Administration and ... More




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