The Hindu Business Line : Friday, August 15, 2003

AP cement manufacturers hopeful of rise in prices
CEMENT manufacturers in Andhra Pradesh are hopeful that prices will rise by at least Rs 10 per bag after Friday. They expect that construction activity will increase leading to a rise in demand as the peak monsoon season is coming to an end. ... More

FOREIGN TRADE

Apex chambers to study FTA with Dhaka
THE apex chambers of both Bangladesh and India - the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Federation of Indian Chambers of Commerce and Industry (FICCI) - are of the unanimous view that free trade ... More

POWER

State power boards owe Rs 1,754 cr to Railways
THE Railways carry coal for most of the thermal power plants in the country. It is also the prime customer for many of these plants, making prompt payments for the electricity purchased. Yet, many of these power plants have not paid the Railways ... More

Mescom mobile service counters to deal with faults
THE Mangalore Electricity Supply Company (Mescom) here has launched round-the-clock mobile service counters in places like Shimoga, Mysore and Mangalore, which will enable consumers get help and restore power supply whenever there is a ... More

SSI

Cluster approach to set up manufacturing corridors urged
THE Andhra Pradesh Government should declare the `Jeedimetla-Zahirabad' stretch as a manufacturing activity corridor to spur industrial activity in the small and medium sectors (SMEs) to begin with. Making this plea, the Federation of Andhra ... More

SSI expo in November

WATER

States urged to complete rural water survey
THE Centre on Thursday urged State Governments to complete rural water quality surveys by September-end to pave the way for immediate steps to check contamination in drinking water. Over 20 million rural households are facing problems due to ... More

RADIO/TV

`Star in talks to expand business'
WHILE acknowledging that the Star Group is in talks with various groups to expand its media business in the country, Mr Peter Mukherjea, CEO, Star India, termed the buzz around a tie-up between Rupert Murdoch-owned group and Hindustan Times as ... More

Minimum capitalisation norm likely for media ventures
Government sources said that though this was not a new concept and had been debated earlier, it was once again being discussed. More

Kairali TV plans second channel
MALAYALAM Communications Ltd, which owns the Malayalam satellite television channel, Kairali TV, will launch a second television channel in the near future. Work on this channel, which will focus on news-based programming, is currently on, ... More

CAS — Key issues still unanswered
WITH barely a fortnight to go for the implementation of a Conditional Access System (CAS), issues regarding the monthly subscription bill a consumer would have to pay, incentive schemes and the revenue share arrangement between the broadcaster ... More

Height of protests
AIR's casual newsreader Bhaskar Bora atop Prasar Bharati Corporation's transmission tower in the Capital on Thursday. Bora, who was demanding regularisation of casual newsreaders, better pay and working conditions, climbed down only after Prasar ... More

CARS

Falling CBU sales fail to daunt car producers
IT is a story no car maker wants to tell. But it is becoming increasingly clear that most of the Indian car manufacturers are finding it hard to sell completely built unit (CBU) cars in the country. Sales figures for cars such as Vectra, ... More

Happy drive for cars in July
CAR sales increased by 37.7 per cent in July as companies such as Maruti and Hyundai saw higher sales driven by aggressive finance schemes and discounts. Analysts point out that the slew of new model launches in the market over the past few ... More

BEVERAGES

Colas have hard fight to regain fizz
A MASSIVE dip in sales in the capital and all over the country, despite conforming to the relevant food laws - though, however, lax - is something that the cola majors perhaps had not bargained for. Driven to the wall, even as Coca-Cola ... More

CFTRI's cola test results `anytime after Saturday'
THE testing of cola samples for pesticide content is going on at a furious pace and the Central Food Technological Research Institute (CFTRI) will be completing its mandate "as quickly as possible," according to Dr V. Prakash, Director of the ... More

REAL ESTATE & CONSTRUCTION

KSPHC hopes to save on costs thru e-procurement
IN a significant step that is expected to bring considerable savings and reduce project completion time, the Karnataka State Police Housing Corporation (KSPHC) has adopted e-procurement mechanism through Internet for its various construction ... More

TNHB recovery drive yields results
IT is a recovery drive from an unexpected quarter. The Tamil Nadu Housing Board (TNHB), which had hitherto sent notices to the defaulting allottees demanding payment of arrears, has now plunged into action by knocking on the doors of the ... More

FOREIGN DIRECT INVESTMENT

ABN Amro among 21 FDI plans cleared
ABN AMRO Bank's proposal to set up a subsidiary company to undertake asset, portfolio and investment management and advisory services was among the 21 FDI proposals cleared by the Minister for Finance and Company Affairs, Mr Jaswant Singh, on ... More

WTO

BJP hails Jaitley parleys in run-up to WTO meet
THE Bharatiya Janata Party (BJP) has hailed the process of wide-ranging consultations with political parties initiated by the Union Commerce and Industry Minister, Mr Arun Jaitley, in the run-up to the fifth ministerial of the WTO scheduled to be ... More

`Spl privileges no panacea for Third World'
WTO said special and differential treatment is hardly "a panacea if it is interpreted merely as an effort to minimise commitments on the part of the developing countries within the system." More

`Joint paper of US, EC and Canada soft on tariff peaks'
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has indicated that it was opposed to the introduction of any new "ambitious, harmonising" formula for reduction of industrial tariff that would go soft on tariff peaks or tariff ... More

EVENTS

Special cover to be released

EXPORTS & IMPORTS

Exporters shifting to euro invoicing
THE impact of the rising rupee against the dollar has not really affected the export competitiveness of Indian exporters, according to Mr H.A.C. Prasad, Economic Advisor, Ministry of Commerce, Government of India. He was speaking on Thursday ... More

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