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Tuesday, May 24, 2005

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INDUSTRY & ECONOMY

EMPLOYMENT


AP mulls overseas job placement body
THE Andhra Pradesh Government plans to set up an independent body - Overseas Manpower Corporation - to help youth find jobs abroad. The State Minister for Labour and Employment, Mr G. Vinod, told newspersons on Monday that the corporation ... More

AUTOMOBILES


Auto exports grow 36 pc in 2004-05
WITH several automobile companies investing aggressively in creating capacities in India, the value of automobile exports from the country has been growing at a high double-digit rate. According to official data, the value of automobile ... More

ECONOMY


AP Govt won't be slave to World Bank: Rosaiah
THE Andhra Pradesh Finance Minister, Mr K. Rosaiah, has said that the World Bank is just a lender and that the State would not be a slave to the bank. Speaking to newspersons on Monday, he said that the Congress had never said that it was ... More

ENVIRONMENT


BPCL launches `eco-friendly diesel' in Madurai
BPCL is marketing `Hi-Speed Diesel' in an effort towards providing value-added service to customers, according to Mr K.H. Subramanian, Area Marketing Manager, who launched the new high-performance diesel here. The diesel has already been ... More

FOREIGN TRADE


More scope for trade with Belgium
A MUTUAL exchange of visits by the trade and industry associations will pave the way for the promotion of bilateral trade and industrial relationship between India and Belgium, suggested the Trade Commissioner in South India for Belgium based at ... More

HEALTH


Dr Krishnan Nair on WHO panel
LEADING oncologist Dr M. Krishnan Nair has been nominated to the World Health Organisation's (WHO) Cancer Control Advisory Committee. Dr Nair, currently Director and Consultant Clinical Oncologist with the SUT Institute of Oncology here, ... More

INFRASTRUCTURE


IL&FS, Bengal to float co for infrastructure projects
THE Infrastructure Leasing & Financial Services Ltd (IL&FS) on Monday signed a shareholder agreement with the West Bengal Government for technical and financial support to as many as five major infrastructure projects being taken up by the St More

PETROLEUM


Petroleum & gas regulatory board on the cards
The aim of setting up the board is to ensure uninterrupted and adequate supply of petroleum, petroleum products and natural gas to all parts of country. More

POWER


12 States heading for power crisis: Assocham
MAHARASHTRA may not the only State grappling with power shortage, with 11 other States expected to face similar crisis as the summer months advance, a survey by the Assocham has said. Besides Maharashtra, Gujarat, Uttar Pradesh, Haryana, ... More

AP: Circuit towers restoration
HYDERABAD: The Transmission Corporation of Andhra Pradesh Ltd (APTransco) has taken up the restoration of seven double circuit towers of 220 KV Kothagudem Thermal Power Station (KTPS). Heavy gales had felled these towers early this month, ... More

TAXATION


VAT panel working on harmonised 8-digit code
THE value-added tax panel would strive to harmonise the eight-digit item code being developed by it with the eight-digit item codes already adopted for excise and Customs purposes, said Mr Ramesh Chandra, Member Secretary of the Empowered ... More

WATER


Not a drop!
Women carrying empty vessels demonstrate in front of the Circuit House Reservoir seeking regular supply of drinking water in Visakhapatnam on Monday.

More

RADIO/TV


Broadcasting cos bet on expansion to get more leveraging power
THE Indian broadcasting industry has started betting on size. Companies are looking at various growth opportunities such as building their networks by adding more domestic and overseas channels, beefing up distribution arrangements and ... More

EDUCATION


ICAI moots new curriculum
THE Institute of Chartered Accountants of India (ICAI) has come out with changes in the curriculum of the chartered accountancy course. When they come into force, a student could finish the course in four years compared with five years and three ... More

US academies lobby for easing of visa norms
HEADS of leading organisations of higher education, science and engineering in the US have made a plea for dispelling misperceptions about the visa system that `does not welcome international visitors who contribute immensely to the nation's ... More

ISB ramps up student intake for Class of `06
THE Indian School of Business (ISB) has increased the intake of students for the Class of 2006 by 28 per cent to 349, up from 273 last year. It plans to continue to ramp up its student strength every year till it reaches its full capacity of ... More

Stansfield School of Business to offer B.Sc degree courses
STANSFIELD School of Business, a division of the Stansfield Group of Singapore affiliated to the University of London (UoL), will now offer the UoL degrees in Chennai. According to Mr Kannappan Chettiar, Chairman, The Stansfield Group, it has ... More

  • SPIC-MACAY meet at Manipal

    REAL ESTATE & CONSTRUCTION


    Nothing to smile about
    A high-rise building under construction at Marine Drive in Kochi. With the rise in prices of cement and steel, the construction sector is witne-ssing a slowdown. Higher taxes under VAT, coupled with a spiral in transportation costs, have brought ... More

    READYMADE GARMENTS


    Bellary jeans cluster developing portal
    JEANS producing cluster in Karnataka's Bellary will go global in marketing their products. A consortium of 12 companies, all producers of jeans, are developing a common portal - jeanclan.com - that will undertake mail order ... More

    Work begins on Vizag apparel park
    WORK has begun on the apparel park at Gajuwaka near here and it is expected that production will begin within 4-5 months in some of the units, according to Mr Srikanth Prabhakar, the park administrator. In an interview here on Monday, he said ... More

    EXPORTS & IMPORTS


    Exporters can now source inputs from SEZs without advance release orders
    EXPORTERS with advance licences can now directly procure inputs (import) from special economic zones on the strength of their licences without having to furnish any Advance Release Orders (AROs). The Government has made an amendment to the ... More

    EOUs' supplies to EPCG licence holders to attract excise duty
    EXPORT-oriented units (EOUs) have been permitted to make supplies to export promotion capital goods (EPCG) licence holder in the domestic tariff area (DTA). This nod from the Government, however, comes with the caveat that the EOUs should fork ... More

    CO-OPERATIVES


    NCDC seeks State-level committee for co-operative development
    THE National Cooperative Development Corporation (NCDC) has called for formation of a State-level coordination committee to facilitate discussions on various issues of co-operative development, handled by different departments. The NCDC ... More

    NATURAL CALAMITIES


    Bleak scenario
    Crows wait patiently for something to feed on as fishing boats lie idle on Alappuzha beach. Fishermen are still scared by last week's sea surge to venture out into the sea. Coastal communities across the State are facing a crisis as the new ... More


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    In Depth

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    Looking back
    May. 15-May. 21
    Something is rotten in fruit trade

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    Star India to charge 50% premium on prime time ad rates

    Talks on phosphoric acid rates fail — DAP supplies may dry up, warn fertiliser cos

    Monsoon caravan set rolling: IMD

    Govt clears DTH proposals of Space TV, Sun Direct

    Edible oil imports rise 21 per cent

    Dubbed Hollywood flicks boost box office

    Posco may sign MoU with Orissa Govt next month

    Seafood exporters file suit against US Customs — Bond requirement for shrimp imports challenged

    Inflation falls a tad on dip in food prices

    Centre's 1-year report card — `Unfinished' agenda bugs pharma sector

    `Indian textile market fastest growing in 2004'

    Aiyar for equitable sharing of oil price hike burden


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