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Friday, November 05, 2004

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INDUSTRY & ECONOMY

EMPLOYMENT
`Job guarantee Act will run counter to neo-liberal norms'
THE real obstacle to an Employment Guarantee Act (EGA) in the country lies neither in any scarcity of resources nor in the fact that a reasonable and practicable piece of legislation cannot be conceived; it lies in the fact that such an Act would ... More

CLIMATE & WEATHER
Monsoon favours northern regions in Kerala
THE northeast monsoon continued to be active in the State with a predominant bias to the North, which is contrary to established pattern. Seasonal rainfall (October 1 to November 3) statistics reveal that seven districts - Alappuzha, ... More

NON-CONVENTIONAL ENERGY
Plea to set up renewable energy research centre for bio-fuels
HIGHLIGHTING the huge potential for bio-fuels for automobiles in the country owing to widely-cultivated high ethanol-yielding crops such as sugarcane, corn and wheat, experts at the International Knowledge Millennium Conference (IKMC-2004) held ... More

AWARDS & HONOURS

  • IIA, Kerala to honour architects

    ENVIRONMENT
    `Aliens can eat into world's food supply'
    ALIEN is no sci-fi stuff, but a real threat to biodiversity, according to a recent update from World Bank. The alert is not about men from Mars or women from Venus but "invasive plants, animals and other organisms" that put the world's food ... More

  • Fiat to ODS-using companies

    FOREIGN TRADE
    EU to upgrade relations with India
    THE European Union (EU) has proposed to firm up "a strategic partnership" with India at the forthcoming EU-India summit in the Hague, Netherlands on November 8. Disclosing this to newspersons here, the Ambassador of the Netherlands, Mr Eric ... More

    New South Wales woos Indian power companies
    THE Australian State of New South Wales (NSW) is wooing Indian energy companies to tap NSW expertise in providing reliable power to consumers. The Premier of NSW, Mr Bob Carr, has invited Indian companies during the signing of a contract ... More

    HEALTH
    Seven-year long legal battle over ESI cover before apex court
    EVEN as the Government is making efforts to strengthen the Employees' State Insurance Corporation (ESIC), employees of a large number of big corporates as well as a few public sector enterprises (PSEs) want to opt out of its health scheme cover. ... More

    Centre to spend more on primary healthcare: Minister
    EFFORTS are on to raise the public spending on primary healthcare to 2-3 per cent of the Gross Domestic Receipts, translating into an expenditure of Rs 1,12,639 crore, said Health Minister, Dr A. Ramadoss. Speaking at the Social Editors' ... More

    `Social vaccine is best bet against AIDS'
    UNAIDS, a joint UN programme on HIV/AIDS, has said that a social vaccine rather than a vaccine far away can effectively tackle the disease. Dr Peter Piot, Executive Director of UNAIDS, said that Government-sponsored large-scale social awareness ... More

    PETROLEUM
    LPG to cost more; petrol dearer by Rs 2.20, diesel Rs 2.10
    THE UPA Government has decided to increase the prices of petrol, diesel and LPG from midnight tonight. While the price of LPG is to be increased by Rs 20 per cylinder with immediate effect and subsequently by Rs 5 each month, the new prices of ... More

    Bullish on crude, bullish on bonds
    If the crude oil price rises in the coming year it is bound to drag down economic activity rather than stoke consumer price inflation. More

    PHARMACEUTICALS
    What the Bush prescription means for pharma firms
    FOUR more years in office for the US President, Mr George W. Bush, may not directly have an impact on the Indian pharmaceutical industry. But with healthcare and affordability of medicines being key issues in the presidential debates, the ... More

    POWER
    DVC asked to change location of proposed plant
    THE Central Pollution Control Board has thrown a spanner into the wheels of the Damodar Valley Corporation's (DVC) plans to set up a 1000-mega watt (MW) thermal power plant at Durgapur. In a recent communication, the Ministry of Environment ... More

    Govt plans 10,000 MW capacity through renewable sources
    THE Government is planning to install around 10,000 mega watts of power generating capacity through renewable energy sources during the Tenth and Eleventh Five Year Plan periods. "We expect to install 10 per cent of the additional power ... More

    MANAGEMENT
    Innovation Exchange: A marketplace for students' biz ideas
    The N.S. Raghavan Centre for Entrepreneurial Learning at the Indian Institute of Management, Bangalore, and CII Young Indians will soon kick off a marketplace for great business ideas. The Innovation Exchange will be launched over the weekend at ... More

    RADIO/TV
    Star News now in US
    MUMBAI: Star News on Thursday announced the launch of its services in the US. Star News has a footprint across Asia, West Asia, the UK and now in the US. The channel, according to Star News CEO, Mr Uday Shankar, will provide a link ... More

    Reality TV to get desi touch
    REALITY TV, the 24-hour channel featuring real life action and dramas, plans to get aggressive in the Indian market. The channel is planning to add Indian content, besides embarking on a large-scale brand building exercise. Ms Flecka Picardo, ... More

    EDUCATION
    Nalsar varsity to hold convocation tomorrow
    THE National Academy of Legal Studies and Research (Nalsar) University of Law is holding its second annual convocation at the Justice City campus located at Shameerpet near here on Saturday. The Union Minister for Law, Justice and Company ... More

  • BMS student placements

    REAL ESTATE & CONSTRUCTION
    CalPERS eyeing investments in real estate in India
    "Though CalPERS does not want to be the most significant player in the equity market, it is looking at opportunities to augment its investments in private equity and real estate." More

    Inox Leisure plans to invest Rs 100 cr in phase II expansion
    INOX Leisure Ltd plans to invest Rs 100 crore in the second phase of its expansion plan, which includes setting up multiplexes in cities like Bangalore, Chennai, Hyderabad, Kochi and Allahabad. In the first phase, Inox had made an initial ... More

    METALS
    Ore exporters, steel units urged to invest in wagons
    THE General Manager of South Eastern Railway (SER), Mr R.R. Bhandari, said here that iron ore exporters and steel manufacturers should invest in wagons to ensure that there was no delay in the movement of raw materials. Speaking at the Metals ... More

    PAPER, BOARD & NEWSPRINT
    Paper prices set to rise again by Jan
    THE domestic paper industry could be in for another round of surge in prices around January next year. Despite the two rounds of price increases earlier this year, industry players concur that coated paper prices have still not peaked and ... More

    INDUSTRY ASSOCIATIONS
    Nasscom President moots opening up accountancy sector
    THE Nasscom President, Mr Kiran Karnik, on Thursday called for liberalisation of the accountancy sector saying it should face challenges of globalisation. Inaugurating national conference on `New challenges new solutions in IT and WTO era' ... More

    PRINTING
    Autoprint Machinery witnessing robust growth
    THE growth in literacy rate and the search for new avenues to disseminate information seem to be propelling the growth of the mini offset printing (MOP) machinery manufacturing industry in the country. The Coimbatore-based Autoprint Machinery ... More

    FOREIGN DIRECT INVESTMENT
    FICCI calls for review of controlled financial deals
    "If we are looking at attracting FDI into the country then we have to create a conducive environment and do away with legal bottlenecks," FICCI said. More

    RURAL DEVELOPMENT

  • FFW to be launched in AP

    EVENTS
    `Cos unaware of innovations in raising funds'
    A NUMBER of innovations are taking place in the financial market, giving means for cheaper finance to companies. But the market is perhaps not fully aware of them, said a speaker today at The India Finance Forum 2004, a conference on `Emerging ... More

    Kolkata fair complex to be ready in a year
    THE permanent trade fair complex coming up in Kolkata in the Salt Lake area, in the vicinity of the Science City, will be completed within the next 12 months. Making this announcement at the inaugural session of the Consumer-2004 Fair, ... More

    Seminar on rural business hubs today
    IN an effort to introduce the Panchayati Raj community to the enterprise community, the Government will organise a National Seminar on Rural Business Hubs in association with the Confederation of Indian Industry (CII) on November 5. This was ... More

  • In Hyderabad today

    INCOME TAX
    I-T collection target of Rs 958 cr set for Mangalore division
    THE Chief Commissioner of Income-Tax, Goa, Mr B. Ramkumar, has said that the department has set a target of collecting Rs 958 crore income tax in Mangalore division during the current financial year. Addressing the members of the Kanara ... More

    Withdraw Sec. 277A in IT Act: Chamber
    THE PHD Chamber of Commerce and Industry (PHDCCI) has sought the withdrawal of the new Section 277A in the Income Tax Act that provides powers to the tax authorities to fine any person aiding in tax evasion. In a representation to the Finance ... More

    EXPORTS & IMPORTS
    Tecumseh India's exports touch 4 lakh units
    TECUMSEH Products India Ltd (TPIL) reached a milestone on Wednesday by exporting its 400,000th compressor in the current year (January 1-November 3, 2004). Mr Todd W. Herrick, Chairman and CEO of Tecumseh Products Company USA, which owns TPIL, ... More

    ALTERNATIVE MEDICINES
    Emami forays into baby care segment
    EMAMI, the personal and healthcare major, has announced the launch of Sona Chandi ayurvedic baby massage oil, marking its foray into the baby care segment. . According to a press release, this is the first of its kind baby oil, which not only ... More

    ECONOMIC OFFENCES
    Somasekhara panel resumes probe into Yeleru land scam
    Justice Somasekhara has said that he would submit interim reports and try to finish the probe within the allotted time. More




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  • Top Stories
    Bengal promises full support for Jindal Steel project


    ARPU of cellular firms stabilising

    `China may revalue yuan'

    Rise in coffee prices not enough, feel growers

    Bullish on crude, bullish on bonds

    Paper prices set to rise again by Jan

    `Cos unaware of innovations in raising funds'

    `Bush win will ensure continuity'

    Looking back
    Oct. 24-Oct. 30
    FDI outflow rises as Indian cos clinch more buys overseas: Unctad

    FDI in aviation: No flights of fancy, yet

    Define patent terms clearly, says drug industry

    EC adopts new proposal for trade preferences

    `Cutting customs duty to absorb oil price hike won't help'

    Maruti, Toyota models top customer satisfaction survey

    Purity standards for soft drinks by year-end

    Southern guzzlers keep beer sector spirits high

    More new channels lead to distribution problems

    India rules out trade-offs in WTO talks

    Infrastructure grows 5.9 pc in September

    Scotch pours in; but no cheers for global brands

    Anthurium — a flower with potential in domestic, global markets

    Tap forex reserves for infrastructure development, says Montek

    New broadcasting platforms will pose challenge to research outfits


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