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Friday, November 19, 2004

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INDUSTRY & ECONOMY

EMPLOYMENT
Job fair for differently-abled in Chennai
AS it becomes tougher to find and retain committed and motivated personnel, companies, across industries, are slowly tapping potential from differently-abled persons. And to help companies hire the best from the differently-abled talent pool, a ... More

PENSION PLANS
RPF(Ker) directive on life certificate
THIRUVANANTHAPURAM: The Regional Provident Fund Commissioner has asked pensioners drawing a monthly pension under the Employees Pension Scheme, 1995, to submit a life certificate if they are drawing retirement pension. Both life and ... More

ECONOMY
World Bank to provide $9 b
WHILE Indian economy is growing at a rate of more than six per cent and hopes to move ahead faster in the coming years, it is an average rate and a real understanding of the two different paces of growth is necessary. India cannot move ahead ... More

Mid-term Plan appraisal to focus on attracting funds
CONCERNED over the disappointing performance of agriculture, social and infrastructure sectors, the Planning Commission on Thursday said that the mid-term appraisal (MTA) of the 10th Plan would focus on removing bottlenecks to attract ... More

Commonwealth nations asked to bridge economic disparities
INDIA has called for multi-faceted cooperation among the Commonwealth countries in fighting problems such as poverty, unemployment and socio-economic backwardness of different degrees. This mutual cooperation would give a new meaning and ... More

Micro-credit, macro effort
The opening bell was rung not by a company promoter nor were there any anxious merchant bankers looking at the big screen for the opening quote. Instead, it was six women-members of Mumbai-based NGO Sparc who rang the bell at 9.55 a.m., as the ... More

FOREIGN TRADE
Pawar hopeful of better economic ties with Bulgaria
THE Minister of Agriculture, Food and Civil Supplies, Mr Sharad Pawar, has expressed hopes that India and Bulgaria would be able to identify new areas of bilateral trade. In his opening remarks at the joint session of the 15th India-Bulgaria ... More

India-China steering panel to promote more collaborations
INDIA and China have decided to set up a joint steering committee (JSC) to promote collaboration in diverse areas including disaster management, IT, pharmaceuticals including Indian system of medicine, non-conventional energy, etc. The JSC ... More

Thai trade fair in Mumbai
MUMBAITES will soon have the chance to discover a variety of Thai products ranging from food and beverages, furniture, gems and jewellery, health, beauty and fashion products to leather products and electrical appliances. Thailand Exhibition ... More

India, EU action plan to deepen ties
INDIA and the European Union (EU) have decided to prepare an action plan for deepening their ties further as a follow-up to the just concluded India-EU summit. In particular, the plan is to focus on increasing bilateral trade and framing ... More

HEALTH
Shortage of nurses in US far from over: Researchers
Total employment of registered nurses has grown by over two lakh since 2001, the largest increase since the early eighties. More

INFRASTRUCTURE
Karnataka stress on infrastructure development
THE year 2005 will see increased infrastructure development in Karnataka if the State Government fulfils its promises. With several global MNCs evincing interest in setting up manufacturing facilities here, there is urgency in improving the ... More

PSU
Public sector oil companies' merger — Need to rethink on basic premise
Each of the Indian oil companies can emerge as a giant provided it is allowed to go full steam ahead and take competition head on with best practices, up-to-the-minute technologies and timely business intelligence. Healthy competition will only tough en them to face obstacles and forge ahead. The least the Government can do is to enable the companies to become world-class multinationals through internal reforms and revitalisation, and not let talk of merger distract them from their goal, says B. S. Raghavan. More

PETROLEUM
Control on petro-product pricing to continue
THE Government on Thursday said that it would continue to administer the prices of sensitive petroleum products such as diesel, LPG and kerosene even though a decision to dismantle the Administered Price Mechanism (APM) for the oil sector came ... More

India to hold talks with Pakistan on gas pipeline
THE Government has initiated fresh moves for a dialogue with Pakistan on how to use the neighbour as a "transit corridor" for bringing gas from Iran, the Minister for Petroleum & Natural Gas, Mr Mani Shankar Aiyar, said here on Thursday. The ... More

PHARMACEUTICALS
Seize research opportunities, Kalam tells drug cos
THE President, Dr A.P.J. Abdul Kalam, has urged domestic drug companies to pursue their research on a molecule and take it forth to produce a drug, the prohibitive cost of developing a new drug notwithstanding. "In India, many R&D organisations . More

POWER
Genco to get Rs 2,500 cr for rural electrification
THE Rural Electrification Corporation (REC) has agreed to provide Rs 2,500 crore for the various power projects undertaken by the Andhra Pradesh Generation Corporation Ltd (APGenco). REC and APGenco have signed a memorandum of understanding ... More

KSEB programme for new power connections
THIRUVANANTHAPURAM: The Kerala State Electricity Board (KSEB) proposes to embark on an intensive programme to provide fresh power connections, an official spokesman announced here. For applicants whose connections do not warrant ... More

WATER
International water meet in Hyderabad
A TWO-DAY international expo and conference on water and wastewater management will be held here beginning on Friday. About 80 exhibitors, representing a variety of industries related to water, would showcase their products, solutions and ... More

Drinking water scheme for Nirmal cleared
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, has cleared the proposal for implementation of a new drinking water scheme for Nirmal, a second grade municipality in Adilabad district. In a press release, the CM office said the proposed ... More

RADIO/TV
Downlinking policy to be finalised soon
THE Government is in the process of finalising a downlinking policy over the next few weeks which is expected to look into issues such as allowing FII investment in news channels and making registration mandatory for foreign channels beaming into ... More

EDUCATION
Stress on job-oriented training for engineers
JOB-ORIENTED training is essential for engineering graduates to get placement in good industries as Andhra Pradesh alone is turning out more than a lakh such graduates every year with the setting up of numerous colleges in recent times, according ... More

Lotus plans more branches in AP
HYDERABAD: Lotus National School, which has six branches in the State, proposes to open 24 more in the near future. The school is formally inaugurating its campus at Attapur, near here, on Saturday. According to the school ... More

International scholarship for 4 Madurai students
MADURAI: A four-member student team from the Bharathidasan Institute of Management (BIM) at Tiruchi, has won an international scholarship for participation in the Global Social Entrepreneurship Competition (GSEC) to be held in February ... More

AIR-CONDITIONERS & REFRIGERATORS
Whirlpool bid for top spot
WHIRLPOOL of India Ltd is working on a new strategy for its air-conditioner business. At present, it gets its ACs assembled by different companies. The new strategy is expected to be finalised in 2005, according to Mr Arvind Mediratta, Vice ... More

REAL ESTATE & CONSTRUCTION
Bengal plans to amend building rules
THE West Bengal Government is planning to amend building rules to pave the way for environment-friendly and energy-efficient constructions. The Calcutta Municipal Corporation is already working on a similar proposal to pave the way for water ... More

True Value Homes investing Rs 120 cr in Chennai
TRUE Value Homes (TVH) is investing Rs 120 crore in a commercial building in MRC Nagar, a residential area in South Chennai. The TVH Beliciaa Towers will have two identical 11-floor towers covering 3.3 lakh sq ft. Mr N. Ravichandran, Chairman, ... More

FOREIGN DIRECT INVESTMENT
FDI inflow in April-Sept touches $2.38 b
INDIA has recorded foreign direct investment inflow worth $2.38 billion during April-September this year as against $1.42 billion registered during the corresponding period last year, the Minister for Commerce and Industries, Mr Kamal Nath, has ... More

EVENTS

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    Top Stories
    Seize research opportunities, Kalam tells drug cos


    LIC unveils two policies

    Public sector oil companies' merger — Need to rethink on basic premise

    World Bank to provide $9 b

    More banks closer to raising rates

    ITA sees higher exports, lower output

    Govt to announce `technology neutral' spectrum policy

    A compulsive guzzler

    Looking back
    Nov. 7-Nov. 13
    Too much salt is bad for health: UK agency

    Rail-link to southern tourist spots planned

    `Fuel price hike will not hit 3-seater auto market'

    From beedis to textiles — the SHG way

    Broadcasters told not to accept ads from defaulters — Samsung, Motorola, Reckitt in dock

    Out-licensing scorecard of drug cos causing concern

    Excise sops lure pharma, FMCG firms to the hills

    Seafood Q1 exports dip

    `Commercial banks' credit flow to rural, areas declining'

    El Nino variable seen as main driver of change in rain pattern

    Ranbaxy withdrawal of drugs worries Health Ministry

    Chennai, Pune turn real estate hot spots

    `Transfer of ownership of disputed trademark invalid'

    Battery industry hopes for early cut in lead import duty

    Car sales up 31 pc in Oct

    BrahMos, Akash, Trishul to be test fired soon

    States face rising debt costs


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