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Thursday, February 03, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


HDFC Chubb plans weather cover
A host of industries can be brought within the ambit of weather insurance by objectively defining the parameters. More

ANTI-DUMPING


Revocation of dumping duty on Vitamin A Palmitate recommended
THE Designated Authority in the Commerce Ministry has recommended the revocation of anti-dumping duty in force on Vitamin-A Palmitate originating in or imported from the European Union, Singapore and Georgia. In its mid-term review of ... More

COURTS/LEGAL ISSUES


BCCI an autonomous body, says SC
Mr Justice Hegde was of the view that the activities of the Board could be said to be akin to public duties or State functions. More

ECONOMY


Economic advisory panel to look at ways to increase credit flow
THE Prime Minister's Economic Advisory Council (EAC) headed by Dr C. Rangarajan would be looking at ways to enhance the flow of long-term credit to industry in the wake of the gradual fading away of term lending institutions. In its first ... More

ENVIRONMENT


Protest meet highlights need to protect mangroves
ON the occasion of World Wetlands Day, the Mangrove Society of India held a protest meet at the Azad Maidan on Wednesday to awaken public consciousness of large-scale mangrove destruction in Mumbai. The meeting intended to gather support for ... More

FOREIGN TRADE


SAARC Limited Multilateral pact gets Cabinet nod
THE Union Cabinet on Wednesday gave its nod for the proposed SAARC Limited Multilateral Agreement on the avoidance of double taxation and mutual administrative assistance in tax matters. The agreement would be signed at the 31st session of the ... More

HEALTH


Narcotics deadlock — Drug shortages hit epilepsy, anxiety post-operative care
PATIENTS consuming the anti-epileptic drug Gardenal for several years are now being faced with a shortage of the medicine in the market. "Anti-epilepsy drugs have to be consumed everyday to prevent epileptic fits from coming on," says an ... More

Dr Reddy's to take up trials of drug for side-effects of radiation therapy
DR Reddy's Laboratories is all set to undertake, multi-centric, phase-3 clinical trials of a drug that would help relieve cancer patients of the side-effects of radiation therapy. The drug major is investing Rs 2 crore in the initiative. It has ... More

PETROCHEMICALS


Reliance hikes petrochem prices
RELIANCE Industries Ltd raised February prices of its petrochemicals used in making plastics and artificial fibre, after prices of raw material naphtha rose last month. Partially oriented yarn prices are up Rs 3.60 a kilogram to Rs 72.90 a kg, ... More

PHARMACEUTICALS


`UK decision may lead to greater awareness on use of statins'
HAILING the British Government's approval for over-the-counter (OTC) sales of Simvastatin, a natural cholesterol-lowering drug that reduces the risk of coronary artery disease (CAD), cardiologist and Chairman of the Hyderabad-based CARE Hospital, ... More

POWER


NTPC arm to enter distribution biz in Mangalore circle
NESCL, the sources said, was not prepared to accept the State Government's figures of the customer profile of the MESCOM. More

Govt approves electricity policy — Aim to increase per capita availability to over 1,000 units
THE Union Cabinet on Wednesday cleared the National Electricity Policy, which aims at providing electricity connections to all households over the next five years. The policy, which has been formulated under provisions of Section 3 of the ... More

New ED for NTPC South
HYDERABAD: Mr L.V. Rao has been appointed Executive Director of National Thermal Power Corporation Ltd, Southern region. Prior to this posting, Mr Rao was holding a similar position in the Western region. Mr Rao, who joined the ... More

TAXATION


States to get 30 pc share in Central taxes
STATE governments would be entitled to a 30.5 per cent share of the proceeds from all Central taxes and duties with effect from the coming fiscal. This is as against their existing entitlement of 29.5 per cent. The Union Cabinet on Wednesday ... More

RADIO/TV


Uncertainty over Indo-Pak series telecast rights
WHO will bag the telecast rights to the forthcoming Pakistan tour of India? With just over 20 days left for Pakistan to take on India, all eyes are now on the Board of Control for Cricket in India (BCCI). "The Board can either call for a fresh ... More

TDSAT adjourns Zee-Turner, Asianet case till Feb 16
AFTER the English movie channel HBO became a fresh bone of contention, the Telecom Disputes Settlement Appellate Tribunal (TDSAT) on Tuesday adjourned till February 16, Zee-Turner's appeal challenging TRAI's order to restore cable signals to the ... More

EDUCATION


Five institutions brought under SRM deemed university
THE Central Government, on the advice of University Grants Commission, has included five institutions under the ambit of SRM Institute of Science & Technology, Chennai (Deemed University) as Deemed to be University under the University Grants ... More

JNTU signs pact with Infotech for staff training programme
INFOTECH Enterprises Ltd, a Hyderabad-based global software services company specialising in geo-spatial, engineering design and IT solutions, has signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Technological University (JNTU), ... More

UK international school in AP
HYDERABAD: GEMS (Global Education Management Systems), a UK-based school network, has entered the Indian education market by launching British International School at Peddapuram in West Godavari district. GEMS, which manages over 50 ... More

FOODS & FOOD PROCESSING


Food processing incubator at TNAU
"The programme is aimed at reducing post-harvest losses, which are estimated at over Rs 5 crore annually." More

REAL ESTATE & CONSTRUCTION


FICCI urges Govt to promote investment in real estate sector
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has recommended to the Government measures to facilitate investment in the housing and real estate sectors. It has also sought support to specialised and organised professional ... More

SCIENCE & TECHNOLOGY


Advancing technology offers infinite possibilities
The big bangs in computing and software technology will be followed by the emerging one in biomedical technology. More

FOREIGN DIRECT INVESTMENT


FDI cap in telecom hiked to 74 pc
THE Union Cabinet today went ahead with the decision to raise the foreign direct investment (FDI) limit in the telecom sector to 74 per cent from the current ceiling of 49 per cent. Certain conditions have also been specified while allowing the ... More

Singapore group may hike stake in Idea Cellular
WITHIN hours of the Government announcing the new FDI policy, Singapore Technologies Telemedia Pte Ltd and TM International Sdn Bhd, said that the consortium would evaluate the option to purchase additional shares in Idea Cellular. The two ... More

Left to discuss hike today
STRONGLY opposing the Government's decision to increase the foreign direct investment (FDI) limit in the telecom sector to 74 per cent, the four Left parties have convened a meeting here on Thursday to chalk out their course of action. Party ... More

Tatas upbeat; Hutch may consolidate operations
INVESTMENT opportunities in India in the telecom sector are sure to get a higher priority with several potential investors from the international business and investment community, according to Mr Kishore Chaukar, Managing Director Tata ... More

EVENTS


Experts seek changes to Competition Act
THE Government needs to make the necessary amendments in the Competition Act to get the Competition Commission of India (CCI) working on its agenda within a year, experts in the field of competition law have said at a conference organised by CUTS ... More

Ideal Home expo from Feb 4 to 14 in Madurai
THE 21st Ideal Home Exhibition, organised by the Madurai District Tiny and Small-Scale Industries Association (Maditssia), is being held from February 4 to 14 at Tamukkam grounds in the city. Popularly called the February Fiesta in the southern ... More

Seminar on product patents
THIRUVANANTHAPURAM: The Institute of Management in Kerala (IMK) under the University of Kerala is organising a one-day seminar titled `Cognizance 05' here on February 11. Dr K.S. Chandrasekar, Organising Convenor, said the theme of the ... More

Tanneries workshop
HYDERABAD: The AP Pollution Control Board organised a workshop on `Cleaner production concepts and methodologies for tanneries'. "The conventional approach of tackling the problem has been the end of pipe approach requiring industries ... More

EXPORTS & IMPORTS


Valentine's season may be mixed for flower exports
THE Valentine's season this year is likely to be a mixed bag for the Indian cut-flower exports. Though exporters are bullish about the European market following a surge in orders, a section of them feel that sales in the Far-East, especially ... More

NATURAL CALAMITIES


Fish out of water
A man selling freshwater fish and sea fish on the outskirts of Chennai. Vendors are battling falling sales in the aftermath of the tsunami, as many buyers keep away due to fears of contaminated fish. ... More

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    Top Stories
    BSNL, pvt cell cos lock horns over roaming revenue


    Uniform law needed to regulate multi-level marketing schemes

    Narcotics deadlock — Drug shortages hit epilepsy, anxiety post-operative care

    BCCI an autonomous body, says SC

    SAARC summit postponed

    Uncertainty over Indo-Pak series telecast rights

    Indian Bank Q3 net falls on provisions

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
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    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 23-Jan. 29
    Fall in passenger carrier sales hits 3-wheeler industry growth

    Manufacturing segment records strong growth in H1: CII survey

    Tamil channels ride high on dubbed English movies

    Petro product sales grow 1.5 pc in Dec

    Survey finds upheavals, subsidence in Andamans

    GoM meet on gas price hike for fertiliser, power units inconclusive

    On track to $50-b export goal: Maran

    `Govt to sign more customs cooperation pacts'

    Tea exports decline drastically; imports up

    Textile sector can touch $100 b post-MFA: Study

    Govt may hike subsidy for single super phosphate units

    Hill highway to boost Kerala's rural economy

    VAT group to submit report by Feb 15


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