Financial Daily from THE HINDU group of publications
Friday, November 25, 2005
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Financial Daily from THE HINDU group of publications Friday, November 25, 2005 |
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INDUSTRY & ECONOMY EMPLOYMENT Kudumbashree sets up job Web site THE Kerala State Poverty Eradication Mission, Kudumbashree, has set up an employment Web site. Called Keralashree (www.keralashree.org) , the site is intended to serve as a link between members of the ... More CLIMATE & WEATHER 
UK not to go back on Kyoto commitmentTHE United Kingdom has asserted that it will not soften its stand with regard to the Kyoto commitment on climate change. Mr Mark Runacres, the British Deputy High Commissioner, has said that there would not be any `U' turn by the UK on the ... More
`Low' slides into Arabian Sea; north bracing for cold wave CHEMICALS Panel to unearth illegal fuel tanks THE Ernakulam District Collector has informed the Kerala High Court that a regional sub-committee of the District Crisis Management Group was constituted to check unauthorised installation of storage tanks for inflammable chemicals and petroleum ... More ECONOMY SIVAKASI SURGING AHEAD 
Towards making `Little Japan' a world brand
ENVIRONMENT European Carbon Fund to invest $125 m in India EUROPEAN Carbon Fund (ECF) has firmed up plans to invest up to $125 million (about Rs 500 crore) in carbon assets in India over the next two years. ECF is the first European private fund dedicated to carbon finance. Ten large European banks ... More FOREIGN TRADE Indo-US meet to boost high-tech trade TOP US and Indian Government officials and technology industry leaders are to discuss strategies to boost bilateral trade during the meeting of the High-Tech Cooperation Group (HTCG) to be held in New Delhi on November 30 and December 1. The ... More HEALTH HIV awareness yatra at Thiruvananthapuram KOTTAYAM: An HIV awareness yatra, jointly sponsored by International Network of Positive People (INPP), voluntary organisations such as Snehatheeram and Sneha Youth, would conclude at Thiruvananthapuram on December 1, the World Aids Day. ... More INFRASTRUCTURE Kakinada farmers oppose move to acquire fertile land for SEZ HUNDREDS of farmers mobbed the East Godavari Collectorate on Wednesday evening when a meeting was convened to discuss the question of land acquisition for the proposed oil refinery and special economic zone to be set up by ONGC in the district. ... More PSU No move to review ONGC's navratna status: Aiyar THE Petroleum Minister, Mr Mani Shankar Aiyar, today said that his Ministry had no plans to review the navratna status of Oil and Natural Gas Corporation (ONGC). Even before the issue of autonomy for the public sector company, raised by the ... More PETROLEUM CCEA nod for offloading of cross-holdings among oil majors THE Cabinet Committee on Economic Affairs (CCEA) on Thursday approved the untangling of cross holdings between IOC, ONGC and GAIL (India). The Finance Minister, Mr P. Chidambaram, told reporters that the amount and the quantity would be decided ... More
POWER Power trading cos may be asked to source 50-70% needs from long-term contracts IN a bid to lower the cost of traded power, the Government is considering making it mandatory for power trading firms to source the bulk of the electricity through long-term contracts. "Traded power has become very costly, partly because trading ... More
`Give sops to power utilities to go in for carbon trading projects'
Kerala Industry Minister to take up power tariff issue for Hindalco TAXATION 
Govt open to further simplification of Cenvat credit schemeTHE Government is open to suggestions on further simplification of Cenvat credit scheme, the Revenue Secretary, Mr K.M. Chandrasekhar, has said. Addressing a conference on service tax and Cenvat credit, organised by Assocham, Mr Chandrasekhar, ... More TEXTILES Yarn contract standardisation — Industry response holds the key, says ICA President "WE don't see a reason why we cannot implement a cotton yarn contract standardisation. But much depends on how the industry responds to this task." This is what Mr Fritz Alexander Grobien, President of the International Cotton Association ... More
Textile sector seeks flexible labour laws
AP CM offers Tada-Satyavedu region for textile parks TERRORISM Indian cos in Afghan not to scale down operations DOMESTIC firms involved in the reconstruction of Afghanistan, including Power Grid Corporation of India Ltd (PGCIL), C&C Constructions and WAPCOS, have stepped up their guard in the wake of the recent killing of an Indian national by the Taliban. More EDUCATION 
Dassault in pact with JSS for jewellery design courseDASSAULT Systemes, the $1.2-billion French software major specialising in an integrated suite of 3D and product lifecycle management (PLM) solutions, has struck an alliance with Karnataka's JSS Mahavidyalaya to launch a jewellery design ... More
IPE, IMI sign pact MEDICAL INSTITUTIONS & HOSPITALS Hospital stocks firm on steady growth HOSPITAL stocks are in good health on the bourses. But according to some analysts, smaller stocks are improving at a faster rate. Apart from industry's steady growth rate, expansion plans, further step towards attracting foreign medical ... More PRECIOUS METALS 
Gold may correct lowerSPOT gold prices rose higher hitting an 18-year high, helped by robust investment demand amid economic and geo-political worries eyeing another test of the psychological level at $500 an ounce. The physical sector lacked buying interest from ... More INDUSTRY ASSOCIATIONS Saroj Poddar is FICCI President-elect MR Saroj Kumar Poddar, Chairman of Gillette India Ltd, has become the President-elect of the Federation of Indian Chambers of Commerce and Industry (FICCI). He will take charge of the office of the President of FICCI at the conclusion of the ... More READYMADE GARMENTS Orient Craft plans SEZ for garment units in AP ORIENT Craft Ltd plans to develop an exclusive special economic zone (SEZ) for garment units in Andhra Pradesh. The SEZ is likely to come up on a 300-acre plot with an estimated investment of Rs 2,000 crore. "The SEZ will house up to 50 ... More MINING & QUARRYING Govt urged not to close mining operations at Kudremukh THE Indian National Trade Union Congress (INTUC) has urged the Union Government not to close mining operations at Kudremukh in Chikmagalur district. Addressing presspersons here on Thursday, Mr N.M. Adyanthaya, INTUC Secretary, said that an ... More EVENTS Ugam Solutions to open second centre in Mumbai UGAM Solutions, provider of research and analytics services, catering to the market information needs of global enterprises is opening its second `International Centre for Research and Analytics' at Malad in Mumbai. The facility would be ... More
Students meet on heritage at Changanassery
Food and confectionery show ENTREPRENEURSHIP KIED complex to be opened at Kalamassery THE State Industries Minister, Mr V.K. Ebrahim Kunju, will inaugurate the Kerala Institute for Entrepreneurship Development (KIED) complex at Kalamassery near here on Saturday. The main objective of the Institute is to provide services for ... More INCOME TAX Microsec gets mandate for filing e-returns of individual taxpayers For services to individuals, Microsec has floated "Club Kautilya", whose members are offered a range of personal financial solutions. More EXPORTS & IMPORTS Egypt cancels cotton export contracts to India — Shippers cite growers' reluctance to sell their produce at lower rates as reason INSTANCES of cancellation of forward contracts by the Egyptian cotton shippers entered with Indian importers have come to surface, causing anxiety to the spinning mills which have bought extra long staple (ELS) cotton in the new season. Already ... More
Metal scrap: DGFT suspends acceptance of 8 PSI certificates
Export awareness programme in Madurai on Nov 26 NATURAL CALAMITIES 
Nature's rail rokiThe railway track between Kattur and Pullampadi near Tiruchi left hanging as floodwater gushes under it on Thursday. |
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