Financial Daily from THE HINDU group of publications
Wednesday, July 06, 2005
Financial Daily from THE HINDU group of publications Wednesday, July 06, 2005 |
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INDUSTRY & ECONOMY NON-CONVENTIONAL ENERGY Wind energy projects — Spinning mills to help in `carbon trading' THE Dindigul-based Tamil Nadu Spinning Mills Association (TASMA) is planning to create additional revenue stream for wind energy projects owned by its member-mills For this, it will facilitate the registration for saleable carbon emission ... More CEMENT Cement majors post 10 pc rise in June shipments THE domestic cement majors have reported shipment increase of 10 per cent for June. Associated Cement Companies has reported a 10.5 per cent increase in despatches. The company sold 14.74 lakh tonnes last month against 13.34 lakh tonnes in ... More ECONOMY India's '03 trade GDP ratio at 30 pc: WTO ADDING trade in commercial services to merchandise trade, the WTO estimated India's trade to GDP ratio for 2003 to have been 29.8 per cent. Commercial service exports, which grew at an annual rate of 19 per cent between 1995 and 2003, accounted ... More FOREIGN TRADE 
UK's assumption of EU presidency may benefit IndiaTRADE and bilateral economic relations between India and the European Union are expected to get a fresh boost with UK assuming the EU Presidency. "One of our key goals will be to help launch a major new EU-India action-plan which is expected ... More HEALTH Smoking scenes in films: Minister for disclaimers before the start IN what can be viewed as a dilution of the earlier decision on banning smoking scenes, the Information and Broadcasting (I&B) Ministry today said that aesthetics of films should not be compromised. Speaking to newspersons after a meeting on ... More
Live workshop on paediatric heart surgery on July 15
Health club inaugurated INFRASTRUCTURE NHAI awards Rs 580-cr project to Gammon consortium THE National Highway Authority of India (NHAI) has awarded a Rs 580-crore project to Gammon-Sadbhav-Billimoria consortium. The project involves four-laning of a 100-km highway stretch between Vadape and Gonde in Maharashtra. "The project has ... More
Bangladesh invited for India, Myanmar pipeline meeting PSU Kerala PSUs fare better in 2004-05 THERE had been an improvement in the overall profitability of public sector units under the Kerala Industries Department in 2004-05, according to provisional estimates. In all, 13 units made profits totalling Rs 74.19 crore during the year ... More PETROLEUM Iran's tech pact with Linde clears hiccup in LNG deal THE technical hiccup on expertise for liquefaction of natural gas may not be an obstacle for Iran-India LNG deal any longer. A national oil company of Iran has tied up with a European hydrocarbon major, Linde, for sourcing the ... More
HPCL, BPCL may post losses POWER Reservoirs in good shape; KSEB upbeat WATER storage level in all the major and minor hydroelectric projects in the State has gone up following good rains in catchments in recent days. With the inflow on Tuesday alone, 43 million units (mus) of electricity could be generated, a ... More TAXATION Govt allows education cess refund for deemed exports DOMESTIC suppliers involved in deemed export transactions can now avail reimbursement of the full excise duty/terminal excise duty including the education cess paid on such duty. The Government has now said that the education cess paid along ... More
`Bengal VAT system showing salutary effect on prices' TEXTILES Textile workers top the list of ESI claimants WORKERS in the textile sector account for the single largest group of claimants under the Employee State Insurance scheme. This scheme, which covers employees earning less than Rs 7,500 a month, provides benefits in the case of sickness, ... More SSI 
Yes Bank, SIDBI tie up to offer loans to SMEsSMALL Industries Development Bank of India and Yes Bank announced a tie-up today to provide credit and other financial products to the small and medium enterprises sector, under a new co-brand called Yes SIDBI. The banks are looking at a ... More COAL Cabinet panel clears SECL's Rs 2,936-cr expansion plan THE Cabinet Committee on Economic Affairs (CCEA) today approved two major expansion plans of South Eastern Coalfields Ltd (SECL) involving a capital investment of Rs 2,936.03 crore and completion cost of Rs 3,359.60 crore, according to an ... More
Coal India to close 3 NEC mines FOODS & FOOD PROCESSING SSI plea to revise Nilakkottai food estate land price THE Madurai District Tiny and Small Scale Industries Association (Maditssia), in a resolution passed at its 31st general body meeting held here, has appealed to the State Government to reconsider the exorbitant land price fixed for the food ... More
Food processing sector starved of investments: Study SOCIAL WELFARE AP govt sanctions houses for weavers HYDERABAD: The Andhra Pradesh Government sanctioned 5,000 workshed-cum-houses to weavers at a cost of Rs 20 crore this year. The project included a subsidy component of Rs 3.50 crore and loan of Rs 15 crore. Each unit would cost Rs ... More INDUSTRIAL POLICY `SEZ Act unlikely to come into force before Sept 1' — Ministry in the process of finalising draft rules THE Special Economic Zones Act, 2005, is unlikely to come into force before September 1, a top Commerce Ministry official has said. Although the legislation received Presidential assent last month, this Act has so far not been operationalised. ... More TRADE & LABOUR UNIONS Tea talks fail; workers to go on strike FOLLOWING a breakdown of talks pertaining to wage revision of tea garden workers in West Bengal, the Defence Committee of Plantation Workers Rights and the Co-ordination Committee of Tea Plantation Workers in West Bengal today said that tea ... More
INCOME TAX Chief income-tax commissioners' meet begins today THE Finance Minister, Mr P. Chidambaram, will inaugurate the 21st annual conference of Chief Commissioners and Directors-General of Income-Tax on Wednesday. The two-day conference would deliberate on the strategies for maximising tax ... More EXPORTS & IMPORTS Rubber exports may revive as international prices rise NATURAL rubber exports from the country, which languished in the first quarter of this fiscal, may see some revival this month as difference between domestic and international prices widened. Rubber industry sources say that many agencies such ... More NATURAL CALAMITIES Now, a patent for tsunami A PATENT for tsunami? Surprised? Perhaps. But the fact is Lucent Technologies, a leading research-driven US company, has a 1998 patent granted by the US Patent and Trademarks Organisation for its claims on this natural disaster. The patent ... More ALTERNATIVE MEDICINES Maditssia expo on traditional medicines THE Madurai District Tiny and Small Scale Industries Association (Maditssia) is organising an exhibition on traditional medicines, `AYUSH 2005' during July 22-24 at Maditssia Auditorium here. The expo has been arranged in association with the ... More TOURISM Here comes a tourist submarine COME September and Kochi will have its first-ever underwater cruise in the country. The State-owned Kerala Shipping and Inland Navigation Corporation (KSINC) would sign a memorandum of understanding with Kochi-based Pioneer Underwater Tours in ... More STANDARDS & BENCHMARKS Meet to discuss quality certification for drugs The pharma industry will not support the task force's proposal to get doctors to prescribe generic medicines. The Indian Pharmaceutical Alliance has asked for more time to discuss the issue and come up with alternatives. More PEOPLE HMA office-bearers HYDERABAD: Mr S. Sivakumar, Chief Executive Officer, Agri-businesses, ITC Ltd, has been elected President of Hyderabad Management Association (HMA) for 2005-06. Mr C. Sudhir Babu, Executive Director, Brilliant Securities Ltd, is ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Jun. 26-Jul. 2 Asian `biotech hotbeds' must develop USP: E&Y report Keen interest in bio-based materials Shortfall in April fertiliser production Paper prices set to rise soon Moon mission to carry 3 European instruments Allow 100% foreign ownership in satellite radio broadcasting: TRAI Maharashtra FDA questions claims of nutraceuticals Infrastructure growth slips to 5.6 pc in May Vigorous monsoon spell in North India Some States unhappy with TFC's suggestion on market borrowing Govt asks IOC to seek second opinion on IBP merger swap ratio ONGC to net Rs 1,400 cr thanks to hike in gas prices Jewellery market estimated at over Rs 58,000 cr: Survey NDC `endorses' 10th Plan Mid-Term Appraisal Monsoon turns rampaging current in north, west India, Singapore trade to touch $50 b by 2010: Assocham Current account surplus in Q4 — Trade deficit for the year at record $38 b Industry welcomes new FM radio policy `Singapore pact is a step towards India-Asean FTA' Govt working on special credit plan for SMEs |
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