Financial Daily from THE HINDU group of publications
Tuesday, August 05, 2003
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Financial Daily from THE HINDU group of publications Tuesday, August 05, 2003 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Cloud seeding to be tried in Anantapur WITH monsoon playing truant and the Anantapur district facing over 50 per cent deficit rainfall this season, causing severe hardship to both the farm sector and its people, the Andhra Pradesh Government plans to embark on an experimental cloud ... More
Repeat monsoon failure `indicative' of a trend CEMENT Cement despatches, output lower in July THE major cement manufacturers have reported negative or marginal growth in cement despatches for the month of July, as compared to their performance during the same month of the previous year. Larsen & Toubro has recorded the most dramatic ... More CONSUMER ELECTRONICS Will volumes bring in more moolah? WILL the volumes growth in the consumer durables and electronics industry drive growth in value terms for the players in the segment? Only time can tell. A review of the 12-month financial year 2003 (April 2002-03) by ICRA shows that although ... More ENVIRONMENT CDFD gets interim approval THE modern laboratory buildings proposed to house the Centre for DNA Fingerprinting and Diagnostics (CDFD), on the shores of the Gandipet lake on the outskirts of the city, which have been `lying still' due to pollution problems, are set to see ... More
Erode textile units under PCB watch
Greenpeace wants PCB to act against Coke bottling plant EXCISE AND CUSTOMS NIPFP to study dip in customs revenue THE Finance Ministry has commissioned the National Institute of Public Finance and Policy (NIPFP) to undertake a study on the implications of falling import duties on the Centre's customs revenue collections. The study, to be spearheaded by Prof ... More FOREIGN TRADE HEALTH Gates foundation grant to fight AIDS likely by Jan A LARGE grant from the Bill Gates Foundation to the Tamil Nadu Government for implementation of intensive AIDS prevention project in the State is expected by January, as preliminary rounds of talks are over, said Mr Deenabandu, Project Director, ... More INFRASTRUCTURE `Policy shifts must boost fresh funds for core projects' POLICY shifts by governments should contribute to encouraging investments in infrastructure rather than pose a constraint, according to Mr Bruce Quinn, US Commercial Consul, Chennai, addressing a seminar on financing infrastructure development ... More
Tirupur water project SPV plans to go public
Bengal to appoint consultant for Siliguri perspective plan PSU Datta takes over as CMD of Wapcos Mr D. Datta has taken over as the Chairman and Managing Director of Water and Power Consultancy Services Ltd (Wapcos), a public sector firm under the Ministry of Water Resources. Mr Datta joined the company in 1980 on deputation from the ... More POWER Voith Siemens Hydro to build power plant in M.P. VOITH Siemens Hydro Power Generation, in consortium with Jai Prakash Industries Ltd, has been selected to build the new 520-MW hydel power station at Omkareshwar in Madhya Pradesh. The Omkareshwar hydel power project, on the Narmada river in ... More SSI Plan afoot to cut lending rates for small-scale sector FOLLOWING the decline in interest rates all over the country and for all sectors, the Union Ministry of Small Scale Industries wants to reduce lending rates for the small scale sector players as well. According to Mr Tapan Sikdar, Union ... More
RADIO/TV `Responses not satisfactory' — Ministry decision on Star likely this week STAR News appears to be heading for trouble with its application seeking permission to uplink from India set to be rejected. The Information and Broadcasting (I&B) Ministry has taken a grim view on the company's replies on the issue of editorial ... More EDUCATION Energy sector-specific university in offing THIS week will see the launch of an energy sector-specific university coming up in the country. Named the University of Petroleum & Energy Studies (UPES), it is a statutory university established through Act of State legislature at Dehradun, ... More
And now, benchmarking of vocational skills LEATHER Proposal for retention of tariffs on finished leather THE Ministry of Small Scale Industries may make a case for retention of the existing import tariff structure on finished leather products even while not being averse to a zero tariff on raw material imports. A proposal to this effect is likely ... More INDUSTRY ASSOCIATIONS Sensex will shine in short term; poll impact likely, says FICCI survey "A reason for such a view perhaps is the general elections that are round the corner, which may create uncertainty in the Indian business environment," the survey said. More
Cos Bill bumpy with speed breakers, says CII economist TRADING APSTC sets Rs 50-crore turnover target THE Andhra Pradesh State Trading Corporation (APSTC) is confident of achieving the target of Rs 50 crore turnover during the current financial year, as it has taken up many new schemes, Mr K. Chandramouli, the Managing Director, has said. Mr ... More DISINVESTMENT SC refuses stay on divestment in Jessop THE Supreme Court on Monday issued notices to the Union Government and the Disinvestment Ministry on a petition challenging the decision to disinvest its stake in EMU coach manufacturing unit, Jessop & Co Ltd, in West Bengal, but refused to stay ... More
Orissa CCD okays sale of Baramba Sugar — Shakti Sugars to buy it for Rs 8.27 cr WTO `Greater flexibility needed at Cancun meet' WITH barely five weeks left for the fifth Ministerial Conference of the World Trade Organisation (WTO) at Cancun in Mexico, the fourth and final mini-ministerial post-Doha turned out to be "a reality check" for the two dozen participants from ... More LABOUR REFORMS RINL chief pleads for labour reforms IT is imperative to change the labour laws in the country for both the public and private sectors to perform well and achieve results, according to Mr B.K. Panda, Chairman and Managing Director, Rashtriya Ispat Nigam Ltd. Inaugurating a ... More EVENTS TOURISM Rise in foreign tourist arrivals ACCORDING to the latest figures from Kerala Tourism, the State witnessed a 16.3 per cent increase in international tourist arrivals in the first five months of the year. Some 40,000 foreign visitors visited Kerala in the January to May period ... More
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