Financial Daily from THE HINDU group of publications
Saturday, July 16, 2005
Financial Daily from THE HINDU group of publications Saturday, July 16, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Rogue Bay system seen delaying `break monsoon' A FRESH cyclonic circulation over the southwest Bay of Bengal that is bringing rain to Tamil Nadu as well as along the west coast, is seen pushing back the break monsoon phase by a day or two. Various models now suggest that this circulation ... More SOCIAL SECURITY Left unions to press for 9.5% EPF rate THE Government is likely to come under pressure once again on the issue of interest on Employees Provident Fund (EPF) deposits. Prior to the July 30 meeting of the Central Board of Trustees (CBT) to decide on the interest rate for 2005-06, ... More INTERIORS & HOMES One-stop shop for home décor products to open in November INTERNATIONAL buying houses such as Li & Fung, IKEA Trading, Allianz, Linmark, Metro Group Buying and OTTO Agn International may no longer have to travel from State to State to source products for their home décor segment. Be it home linen ... More ECONOMY Price stability, prime concern for RBI "GLOBAL uncertainties have increased," says the RBI Governor, Dr Y.V. Reddy, and firm crude prices could be the first if not the only uncertainty, ahead of the first quarter review on July 26. International commodity prices have turned sober ... More
ENVIRONMENT Environmental watch on Sethusamudram THE Ministry of Shipping will pay serious attention to the monitoring of environmental impact during and after the implementation of the Sethusamudram Ship Channel project (SSCP), assured the Secretary, Department of Shipping, Mr D.T. Joseph, ... More FOREIGN TRADE Kerala: Qatar shows interest in 7 projects THE Qatar Government, which had sent a delegation to Kerala last month to explore investment opportunities, has zeroed in on seven project proposals out of 20 showcased by the State Government. As the next step, the Kerala State Industrial ... More HEALTH The new `lifeline' with neighbours WHEN Azeez from Pakistan called up Chennai-based private cord blood bank Lifecell insisting that he wanted to store the cord blood or blood from the umbilical cord of his soon-to-be born child, Lifecell was surprised. Neither did they have a ... More
Dr Reddy's plans global meet on gastro cancer
INFRASTRUCTURE World Bank to fund municipal projects in AP THE World Bank has agreed `in principle' to fund the Andhra Pradesh Urban Reforms and Municipal Services Project (APURMSP), the Chief Minister, Dr Y.S. Rajasekhara Reddy, announced here. Of the Rs 1,320-crore project cost, the Bank would fund ... More
CII summit on sustainable infrastructure in Hyderabad POWER Rain brightens Kerala's hydel power prospects THE hydel power situation in the State has improved as the inflow has picked up significantly in recent days following copious rains in the catchment areas of all the hydroelectric projects. With the storage level in the reservoirs of these ... More
Dabhol SPV: Govt asks parties to finalise shareholders' pact
Ratnagiri Gas PPA likely soon STEEL Posco to invest $900 m for port in Orissa KOREAN steel major Posco will invest $900 million for setting up a dedicated port facility at Jatadhari in Orissa. The proposed port will be constructed in two phases, according to a company release. This is part of the company's earlier ... More TEXTILES Indian textile exporters plan to sell their brands abroad INDIAN textile exporters are planning to move up the value chain by foraying into the high-margin branded garments and home textile markets in the US and the EU. Arvind Mills, which has so far been supplying to retailers including Wal-Mart, JC ... More
Textile institute at Coimbatore receives donation SSI SSI sector wants dues settled within 30 days AS the Parliamentary Standing Committee on Industry is examining the Small and Medium Enterprises Development Bill, 2005 - it has 45 days more to submit its report - the SSI units are hoping for one crucial amendment to the original Bill - ... More
Management programme at Balanagar WATER Desalination plant planned for Bhimli A desalination plant is being established at Bheemunipatnam, popularly known as Bhimli, as the coastal town in Visakhapatnam district is facing a water scarcity. The cost of the project is estimated at Rs 11 crore. Bhimli, a quaint old town ... More COAL Coal cos, unions sign wage pact THE state-owned coal companies today signed the seventh National Coal Wage Agreement with the five Central trade unions representing some six lakh workers. This would mean an outgo of Rs 8,760 crore for the five-year period of 2001 to ... More EDUCATION Gecis ties up with Osmania varsity HYDERABAD: Gecis Global, a captive BPO firm, has partnered with Osmania University for an associate trainee programme that will allow students to earn a Bachelor of Commerce (with computers) degree as they work alongside. The programme ... More FOODS & FOOD PROCESSING ICAR develops tech for ready-to-eat fish curry THE Indian Council of Agricultural Research (ICAR) has said it has developed a technology for ready-to-eat fish curry in retortable pouches. This technology has been successfully commercialised and transferred to Forstar Insta Foods, Mumbai with ... More
Maharashtra gets approval for orange, banana export zones GEMS & JEWELLERY 
Move to shift part of jewellery trade to interior MaharashtraSENIOR officials of the Department of Industry, Maharashtra Government, MIDC, SEEPZ and representatives of diamond and jewellery manufacturers, traders and exporters are likely to meet shortly to discuss the possibilities of shifting a part of ... More KNITWEAR & HOSIERY Tirupur units to meet today on HC closure order EVEN as the Madras High Court had ordered the closure of 660 dyeing/bleaching units in Tirupur for not showing any progress in setting up the reverse osmosis plant to treat effluents, the Dyers Association of Tirupur (DAT) has convened a meeting ... More AGRICULTURAL INSTITUTIONS Nabard aid for Alappuzha THIRUVANANTHAPURAM: National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 1.26 crore to the State Government for three drainage and flood protection projects in Alappuzha district. According to a press release ... More SCIENCE & TECHNOLOGY New electromagnetic test facility launched at Taramani CHENNAI-based Sameer Centre for Electromagnetics, an R&D lab under the Ministry of Communications and Information Technology, became the first of its kind in the country to have an electro-magnetic interference (EMI) and electro-magnetic ... More FOREIGN DIRECT INVESTMENT AP team to visit VW headquarters A FOUR-MEMBER team from the State will visit Volkswagen, the German automaker's headquarters shortly to take up the issue relating to the funds deposited with Vashista Wahan, the special purpose vehicle, and also convince them to locate their ... More INCOME TAX Due date for filing TDS statements extended THE Finance Ministry has extended the due date for filing of quarterly statement of tax deduction at source (TDS) and tax collection at source (TCS) for the quarter ended June 30 to August 31. The extension is applicable for quarterly statement ... More
Help centre for taxpayers at FAPCCI premises EXPORTS & IMPORTS Kerala gets Rs 10.69 cr under ASIDE THIRUVANANTHAPURAM: The State Government will receive Rs 10.69 crore from the Union Ministry of Industries and Commerce under the Assistance to States in Developing Export Infrastructure and Allied Activities (ASIDE) scheme. This amount ... More TOURISM Tourism Ministry starts new project for rural areas IN a move that is likely to benefit the local community both economically and socially, the Ministry of Tourism has launched a project to showcase rural life, art, culture and heritage. Addressing the Parliamentary Consultative Committee, the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
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Looking back Jul. 3-Jul. 9 India, US to explore tie-ups in earth observation, space communication June rainfall deficit estimated at 15 pc Fitness equipment sector in fighting fit shape Banks asked to adopt policy for risk exposure to real estate sector Table Employment Guarantee Bill in monsoon session: Left South Gujarat in troubled waters International design award for desi slippers Per capita cereal consumption drops 20 pc Assocham moots measures to boost ad outsourcing in India Hardware exports touch Rs 8,000 cr in 2004-05: ESC NHAI awards Rs 580-cr project to Gammon consortium India's '03 trade GDP ratio at 30 pc: WTO Cement majors post 10 pc rise in June shipments India, Myanmar may bypass Bangladesh for gas pipeline — Other options to be explored China tunes in to Philips' tele-medicine project Marathwada, Telangana regions to witness rainfall over the weekend 34 pc above normal rainfall in one week Gems & jewellery exports seen growing 15% this fiscal Dabhol issue: Bechtel team heads to London for talks with Indian lenders |
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