Financial Daily from THE HINDU group of publications
Saturday, May 11, 2002
Markets (May 10)
BL 2501166.92 (-8.05)
BSE Sensex3431.32 (-30.09)
S&P CNX Nifty1116.40 (-11.20)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5160 (+20)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INDUSTRY & ECONOMY

ANTI-DUMPING


EU offers to review dumping duty on cotton bed linen
WAKING up to the reality of being rapped in the knuckles by the World Trade Organisation (WTO), the European Union (EU) has come forward to review the `incompatible' anti-dumping measures against cotton bed linen imports from India. "The ... More

ECONOMY


Industrial growth falls to nine-year-low of 2.7 pc
THE country's industrial growth has plummeted to a nine-year-low of 2.7 per cent during 2001-02. According to the 'quick estimates' of the Index of Industrial Production (IIP), released by the Central Statistical Organisation (CSO) here on ... More

`Peace hinges on economic development in Lankan North-East'
TO nurture the peace process in Sri Lanka, it is very important to keep taking economic benefits to Jaffna and other areas of the north-east, because such initiatives can develop a constituency against war and in favour of peace, Dr Saman ... More

ENVIRONMENT


Hyderabad turning into hazardous waste dump
THERE are at least 40 illegal sites in the neighbourhood of Hyderabad, where hazardous wastes, generated predominantly by the industrial units, are being dumped illegally. The non-implementation of the Hazardous Waste (Management and Handling) ... More

PETROLEUM


Post-APM, 11 pc outlets in remote areas mandatory
AS part of ushering in complete deregulation in the oil sector, the Government has finalised the obligations incumbent on new entrants into the retail trading of transportation fuels such as petrol and diesel. This was stated by the Minister of ... More

Talks with Finance Ministry on duty cut positive: Naik
OIL marketing companies are unlikely to immediately raise consumer prices of petrol, diesel, LPG and kerosene even as global crude prices are firming up owing to growing tension in West Asia. Speaking to presspersons here, the Union Petroleum ... More

PHARMACEUTICALS


`Pharma retail chains will replace corner chemists'
IMAGINE walking into a one-stop shop for all your healthcare needs. Going by an ORG-Marg study on the emerging scenario of pharma retailing in the country, small chemists are likely to close shop with the emergence of big retail pharma chains ... More

POWER


Karnataka asked to make formal request -- PTC offers 100 MW more
IN a bid to ease the power crisis in the State, Power Trading Corporation (PTC) has offered 100 MW by May 15 for which Karnataka has to make a formal proposal at the earliest, according to the Union Power Secretary, R.V. Shahi. He told media ... More

Bengal firms up solar energy plans
KOLKATA: The West Bengal Renewable Energy Development Agency has firmed up plans to invest Rs 300 crore during the current plan period to light up 1,000 villages using solar and bio-gas as the energy source. Mr S.P. GonChowdhdury, ... More

TAXATION


TN Chamber disappointed
TRADE and industry circles here are dismayed over the absence of any announcement of tax reliefs during the discussion on Grant for Commercial Taxes Department in the Tamil Nadu Assembly. The President of Tamil Nadu Chamber of Commerce and ... More

TEXTILES


Excise evasion by cotton yarn units uncovered
THE south zonal unit of the Directorate General of Central Excise Intelligence, Chennai, has unearthed alleged excise duty evasion of around Rs 3 crore by various cotton yarn manufacturers in the southern districts of Tamil Nadu. The department ... More

EDUCATION


  • Online registration for ICFAI institute

    LEATHER


    AP to set up 10 leather parks
    ZEROING in on the leather sector as having employment generation potential, the Andhra Pradesh Government has decided to establish about 10 leather parks, including a mega park, aimed at inducing a `brown revolution'. Leather Industries ... More

    KNITWEAR & HOSIERY


    Tirupur exporters plan China tour for workers
    THE Tirupur-based knitwear producers are planning to take their labour leaders to China to educate the workers on labour output. The Tirupur Exporters Association (TEA) has come forward to sponsor a group of knitwear workers union representatives ... More

    FINANCIAL MARKETS


    Need for more vigil over G-secs
    The gilts scam might ill-serve the authorities, in particular, the Securities and Exchange Board of India and the RBI. More

    WTO


    FICCI wants WTO to ease curbs on construction sector
    SINCE for developing economies the construction sector carries particular importance because of its link to the development of basic infrastructure, training of local personnel and transfer of technologies, the Federation of Indian Chambers of ... More

    EVENTS


    Bureaucrats must overcome political pressures: Vittal
    THERE is scope for restructuring the system of governance to make delivery system effective and relevant to different geographical situations in the country. The need for a re-look assumes importance in the changing political and economic ... More

    ACMA `lean summit' in Delhi, Chennai
    THE Automotive Components Manufacturers' Association (ACMA) is holding two-day seminars on `lean manufacturing', at New Delhi and Chennai. Eminent speakers from India and abroad will make presentations at the `Lean Summit India 2002', which ... More

  • Hyderabad Engagements

    ENTREPRENEURSHIP


    KSIDC to hold interaction with entrepreneurs
    KERALA State Industrial Development Corporation (KSIDC) is organising a face-to-face interaction with successful entrepreneurs at Kochi on May 11. This will be a prelude to the Global Investor Meet, which the State Government is hosting in ... More

    EXPORTS & IMPORTS


    Kochi SEZ exports down by Rs 23.4 cr
    EXPORTS from the Kochi Special Economic Zone dropped by Rs 23.40 crore during the last fiscal to Rs 278.91 crore, from Rs 304.31 crore in 2000-01. The decline has been mainly in the electronic hardware sector, which saw exports drop to Rs ... More

    ECONOMIC OFFENCES


    Commissioner of seamen PF to go -- DG Shipping lodges plaint with CBI
    THE Director-General of Shipping today lodged a criminal complaint with the Banking Securities and Fraud cell of the CBI alleging wrongful deployment of Rs 92.78 crore belonging to the Seamen's Provident Fund. This decision follows the loss of ... More

    SEBI to probe fund misuse by Home Trade
    THE Securities and Exchange Board of India (SEBI) may look into the possible diversion of funds into the stock market by the controversy-ridden Home Trade. "We may look into any diversion of funds into the stock market through the stock broking ... More


    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Top Stories
    Commissioner of seamen PF to go -- DG Shipping lodges plaint with CBI


    Maruti to insure own vehicles -- Ties up with Bajaj-Allianz, NIC

    `Pharma retail chains will replace corner chemists'

    Russia fails to make purchases despite tea MoU with India

    DSE records zero turnover

    Industrial growth falls to nine-year-low of 2.7 pc

    Registration plates launch deferred

    Gujarat tragedy: Pakistan, the beneficiary

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Apr. 28-May. 4
    India Inc shows its compassionate face

    OECD optimistic of growth prospects

    Vajpayee takes `political wind' out of Sonia's sails

    Cotton bed linen exports -- India asks WTO to set up settlement panel on EU move

    Cetma paints rosy picture of growth scope

    CRR cut to 5 pc; Bank Rate unchanged in Credit Policy -- Jalan takes no risks

    IOC, Reliance, Nirma bid for IPCL stake

    No more rollbacks: Sinha

    Oil cos may go in for staggered price hike

    You bet, forex is the bigger asset!

    Investments in 93 PSUs fully eroded by losses: CAG

    Industrial investment in AP up 12-fold in 2 years

    Vajpayee extends Rs 150-cr relief package to Gujarat

    Exports a tad up in March despite general slowdown

    Colour dot labels for cosmetics in, drugs out

    `Software, services exports up 29 pc'

    Tax receipts in positive phase

    Land bridge to Lanka to cost $500 million

    Cement sector output crosses 100-mt mark

    Pvt sector allowed into primary healthcare


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line