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Saturday, May 07, 2005

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INDUSTRY & ECONOMY

ECONOMY


Costlier edible products drive inflation up
THE annual wholesale price index-based inflation rose to 5.91 per cent during the week ended April 23, from 5.64 per cent during the previous week. The rise in the year-on-year inflation was largely on account of an increase in prices of ... More

Investment panel to submit interim report in 2 months
THE Government investment panel, set up under the Chairmanship of Mr Ratan Tata, will submit its interim report to the Finance Minister, Mr P. Chidambaram, within 60 days. Mr Tata said on Friday that the final report would be submitted ... More

FOREIGN TRADE


Kerala CII session on `negative list items for FTA'
THE Confederation of Indian Industry (CII), Kerala, in association with the Union Ministry of Commerce and Industry, is organising a session of `Finalising India's negative list for BIMSTEC FTA' here at Hotel Avenue Centre on May 10. The ... More

HEALTH


A drug for anaemic patients — FDA tells J&J group co to modify information label
JANSSEN-CILAG Pharmaceuticals, part of Johnson & Johnson Ltd, has been asked to modify the label on the vial of Eprex (a drug administered on patients due to kidney failure) to clearly state that the drug must be administered through the ... More

INFRASTRUCTURE


SEZ Act to pave way for FDI flow
SOME of the greenfield special economic zones (SEZ) in the country that had been languishing for lack of regulatory clarity are getting active again with the SEZ Act set to get the nod soon. Scrapping the `sunset clause' mooted by the Finance ... More

PSU


Defence PSU customers' meet held in Hyderabad
MISHRA Dhatu Nigam Ltd (MIDHANI), the Hyderabad-based Defence public sector undertaking, organised customers' meet on Friday to get a feedback on product quality and service. Mr Devasis Chowdhury, Chairman & Managing Director, MIDHANI, ... More

PETROLEUM


Madhya Pradesh signs MoU with Bharat Oman for Bina refinery
THE Madhya Pradesh Government today signed a memorandum of understanding (MoU) with Bharat Oman Refineries Ltd to set up a six-million-tonne per annum refinery at Bina, which has been in abeyance for 10 years now. Bharat Oman Refineries is a ... More

ONGC renews offshore package insurance at reduced premium
ONGC has finalised the renewal of its Offshore Package Insurance Policy for insured value of $11,000 million for policy year 2005-2006, beginning May 11. The insurance premium at $19.95 million is 17.19 per cent lower than the premium for the ... More

Rajasthan refinery: ONGC, IOC, HPCL asked to submit proposals
THE Government has asked ONGC-Cairn combine, IOC and HPCL to submit their proposals to set up a refinery in Rajasthan, said Mr S.C. Tripathi, Petroleum Secretary. Speaking to newspersons on the sidelines of an interactive session organised by ... More

POWER


Govt to clear decks for 9 pvt power projects
WITH the power shortages being reported across much of the country, the Centre has zeroed down on expediting financial closure of nine private projects, including Reliance Energy's 3,500 MW Dadri project, Tata Power's coal-based project in ... More

GAIL, NTPC reach pact over gas supply
ENDING a period of uncertainty, NTPC and GAIL (India) Ltd have reached an agreement over the price of gas supplies from the Panna-Mukta and Tapti (PMT) fields. GAIL started supply of gas from the Panna-Mukta Tapti field to NTPC on Friday at ... More

TEXTILES


CAG finds fault with surplus land sale of NTC unit
THE Comptroller and Auditor General of India (CAG) has found shortcomings on the sale of land of 18.69 acres of sick textile mills by one of the subsidiaries of NTC. In a review on some of the commercial undertaking of PSUs, tabled in ... More

SSI


SISI training programme in Hyderabad
HYDERABAD: The Small Industries Service Institute (SISI) here plans to organise a part-time training programme on Apparel Fashion Designing from June 1, 2005. The four-month course is intended to benefit the educated unemployed ... More

Reviving sick SSIs: Empower bank boards, says RBI panel
BANK boards should be given the freedom to lay down their own guidelines with regard to parameters for relief to sick small scale and medium enterprises. This was one of the recommendations laid down by the internal group to review guidelines ... More

TYRES


JK Tyre tops in J.D. Power customer satisfaction
NEW DELHI: JK Tyre ranks highest in customer satisfaction with original tyres purchased in India, according to the J.D.Power Asia Pacific 2005 India Original Tyre Customer Satisfaction Index (TCSI) study released today. JK Tyre was in ... More

RADIO/TV


AIR to air Nandi dramas in AP
HYDERABAD: All India Radio (AIR) will broadcast the award winning dramas from the 2004 edition of State-sponsored Nandi drama festival. The Andhra Pradesh State Film Television and Theatre Development Corporation Ltd is associating with ... More

CARS


Khattar re-appointed MD for 3 more years
THE board of directors of Maruti Udyog Ltd on Friday decided to re-appoint Mr Jagdish Khattar, 62, as Managing Director for a period of three years or till he attains the age of 65, whichever is earlier. Mr Khattar's existing term is due to ... More

SCIENCE & TECHNOLOGY


Cartosat may open up new market in remote sensing
CARTOSAT-1, now up in the air, will soon to be the world's first satellite to offer pure stereo or 3D earth imageries. It has already evoked interest among potential users for various map-based applications. Stereo imaging is considered the ... More

CINEMA


AP film chamber sets up cell to curb piracy
HIT hard by piracy, the Andhra Pradesh Film Chamber of Commerce has started the Anti-video Piracy Cell to curb the menace. The cell is equipped with the toll-free number 1600 425 0111 and 98487-27272. Filmgoers and others can dial these numbers ... More

SMALL SAVINGS


Small savings collections up 19%
COLLECTIONS under the small savings schemes including public provident fund (PPF) had grown by 19.02 per cent during April-February 2005 at Rs 1,53,946 crore as compared to collection level of Rs 1,29,343 crore in the same period last ... More


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Top Stories
Speculative sales pull down sugar futures — Spot trading comes to standstill


CAG finds fault with surplus land sale of NTC unit

IGF seeks probe into alleged price rigging in 3 banks

`Online ad spend set for big leap'

Costlier edible products drive inflation up

Small savings collections up 19%

ACC Q4 net profit up 56 pc; to pay Rs 7 — Two Holcim Directors on Board

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 24-Apr. 30
`Biotech industry needs to address regulation, funding issues'

Kamal Nath hints at `hire and fire' in special economic zones

Despite rising costs, paint sector may post 5-15 pc topline growth

Now, KPO in patents

`Average earner is risk averse'

Small cars continue to rule the sales chart

Freight market dips, but shipping firms buoyant

Ginger exports cross 13,000 t

'Commercial use of fly ash can reduce pollution threat'

Global demand for eco-lodges expected to rise by 10 pc

ESCAP pegs India's GDP growth rate at 7.5 pc

Traditional items boost export growth in April-Jan

Tea exports from South rise in 2004

Time-of-day power tariffs on the anvil

Spices exports rise 18 pc in 2004-05

Indians top `intending car buyers' list across Asia


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