Financial Daily from THE HINDU group of publications
Friday, February 22, 2002
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INDUSTRY & ECONOMY

CEMENT


Cement sector growth pegged at 8.5-9 pc -- Kerala, TN demand remains sluggish
THE cement industry would end the current financial year with a growth of between 8.5 per and 9 per cent. "We should close the financial year at 101 million tonnes of cement sold; and if this growth is sustained beyond this year, we will have ... More

INFRASTRUCTURE


State guarantees not final word: RBI
The RBI advice assumes significance especially in light of the controversy surrounding the Enron-promoted power project, which has both State and Central Government guarantees. More

PHARMACEUTICALS


Drug firms' plea on export obligations
SMALL drug manufacturers, having waited for a reprieve for four years following the abolition of the `value-based licence' (Vabal) scheme, have sought a one-time extension to help clear their export obligations. This segment of the Rs ... More

TEXTILES


Phasing out of MFA -- Fabrics import fears worry textile sector
THE complete phasing out of the multi-fibre arrangement by 2004, as scheduled by the World Trade Organisation (WTO), may put the Indian textile industry in a spot. It is feared that the mechanised and semi-mechanised weaving mills may not get ... More

SSI


Visvesvaraya Award
THE Madurai District Tiny and Small-Scale Industries Association has invited applications for the ninth Visvesvaraya Award for the best unit in SSI sector in the southern districts. According to a communication here, any small industry ... More

COAL


`No new coal linkages to non-core sector'
NO fresh coal linkages will be given to non-core sector industries by the state-owned coal companies till the ongoing process of screening existing consumers is complete. This was stated here on Thursday by Mr N.K. Sharma, Chairman of Coal India ... More

EDUCATION


Company to promote studies in Australia
The number of Indian students in Australia in the current academic year is 12,500. A majority are in post-graduate courses, with subjects such as biotechnology, healthcare, media studies, and hospitality and tourism in demand. This is a clear shift c ompared to the trend in 2000 when 56 per cent were in vocational education and training. More

DISINVESTMENT


CCD to settle `monopoly' controversy in next meet
THE controversy over the creation of monopolies by leading market players in sectors such as oil and petrochemicals during disinvestment in PSUs in these areas is likely to be settled by the Cabinet Committee on Disinvestment (CCD) at its next ... More

ADR issue to follow domestic offer for Nalco divestment
THE Union Government is firming up its plan for disinvestment in National Aluminium Company Ltd (Nalco) through a proposed 30 per cent public offer of its equity. The strategy is to go in for a domestic offering first, which will be in the ... More

Ruia Coatex set to acquire Jessop
RUIA Coatex, promoted by Mr Pawan Ruia, Kolkata-based chartered accountant, is set to acquire a controlling stake of 72 per cent in Jessop & Company Ltd, a subsidiary of Bharat Bhari Udyog Nigam Ltd. The company is engaged in the design and ... More

RURAL DEVELOPMENT


Task force to be set up on rural development
A TASK force comprising the officials of the Ministry of Rural Development and the representatives of CII, FICCI and Assocham would be set up to make the climate more favourable for promoting private-public partnership in rural development, ... More

Is it India versus Bharat, really?
HYDERABAD: Is Bharat and India the same? There seems to be a slight distinction between the two if one goes by the contention of the Union Minister for Rural Development, Mr M. Venkaiah Naidu. For him, "On the one hand, we have an India which ... More

LABOUR REFORMS


Cabinet to clear major labour reforms today
JUST a day after the completion of the last phase of elections to the Uttar Pradesh Assembly, the BJP-led Government at the Centre is set to implement yet another round of big-ticket economic reforms - this time in the politically-sensitive ... More

TRADE & LABOUR UNIONS


Karnataka: Troubling labour equations
THE ongoing strike at Toyota Kirloskar Motors, the recent disturbances at L&T Komatsu and BPL and the lockout at Bata, all in Karnataka, which has been promoting itself as a State with cordial industrial relations, have brought to the fore the ... More

ECONOMIC OFFENCES


Hotel Corporation vigilance officer repatriated to cadre
THE Chief Vigilance Officer (CVO) of the Hotel Corporation of India (HCI), Mr T.G. Samuel Kutty, has been prematurely repatriated to his parent cadre for alleged irregularities. Official sources told Business Line that the orders for the ... More
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Top Stories
Board meetings may go hi-tech


HP in pact to help AP bridge digital divide

STD rate cut: BSNL shoots itself in the foot

Selling coffee through English, IT

State guarantees not final word: RBI

Karnataka: Troubling labour equations

Equal work, unequal pay

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Feb. 10-Feb. 16
Do you know what boss expects of you at work?

Harsh winter for India Inc; only pharma, auto do well

Big euro notes fatten exporters' wallets

Delicensing dilemmas

Trade missions on coal to visit UK next week

LIC offers loan for NHDP at 100 basis pts over G-Sec rate

Industrial growth hits fiscal year low of 1.6% in Dec

PPL to set norms for sick PSUs

VSNL enters Tata family

BPCL, HPCL divestment -- Govt to pre-empt monopolies

Pechiney may bid for Nalco control

Paradeep sold for Rs 151.7 cr

States may have to foot SEB dues

Customs collections dip 14% in April-January

ISRO plans health satellite

Govt relaxes control on bulk drugs


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