The Hindu Business Line : Friday, January 18, 2002

Role for foreign airlines in management -- FDI in aviation may be hiked to 49 pc
THE Government is close to finalising a proposal to permit a higher foreign direct investment (FDI) of 49 per cent in the domestic civil aviation sector and also to allow foreign airlines to participate in the setting up of and management of ... More

State Govt cos can undertake coal mining
UNDER the revised Coal Mining Policy, which came into existence on December 12, State Government companies or their subsidiaries can undertake mining of coking and non-coking coal or lignite reserves - either by opencast or underground method ... More

Medium-term export policy by month-end
THE Commerce Ministry would unveil its much-awaited medium-term export policy this month itself even as it has learnt to respond to short-term measures to address the urgent concern of exporters so as to arrest the tangible negative trends in ... More

Coffee growers to get interest subsidy
Alongside internal transport subsidy on coffee exports, re-scheduling of crop loans and measures to enhance domestic coffee intake have also been announced. More

Privatisation of ports -- Talks with port, dock federations today
THE Union Minister of Shipping, Mr Vedprakash P. Goyal, has invited the representatives of the five major federations of port and dock workers for discussions at Mumbai on Friday in pursuance of the decision taken by the federations to observe a ... More

STATES

Kutch revisited -- With rubble & uncertainty for company
BHUJ, Anjar and Bachhau in Kutch district live alone in the ruins of last year's earthquake, with the choking rubble piling up in select corners of the towns. In the inner walled town of Bhuj, goldsmiths and cloth merchants carry on with business ... More

VAT Council for inter-State transactions in the offing
A VAT Council to ensure a full set-off of input tax credit on inter-State transactions is in the offing. The proposed council, which will essentially function as a clearing house, has been endorsed by the Empowered Committee of State Finance ... More

UP may surpass Maharashtra in sugar production
UTTAR Pradesh is set to overtake Maharashtra as the country's largest sugar producer, with the latter likely to experience two consecutive years of output decline. During the 2000-01 crushing season (October-September), factories in Maharashtra ... More

`Sky bus' plan for Kochi city under study
KONKAN Railway Corporation Ltd (KRC), in association with Marshals' Corporate Group (MRG), Bangalore, will prepare a detailed project report to establish the techno-economic feasibility of the proposed Sky Bus Metro service in Kochi. A ... More

Bengal Govt threatens action against CESC
THE West Bengal Government on Thursday asked the RPG-controlled power utility, CESC Ltd, to surrender its licence if it is unable to service areas under its command in the city and industrial suburbs. The `threat' was issued by Mr Kalyan Bagchi, ... More

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Nabard moots bank loans against godown receipts -- Guidelines awaiting Government nod

IRDA nod for licences to 7 third party administrators

US-64 outperforms Sensex with NAV

State Govt cos can undertake coal mining

Role for foreign airlines in management -- FDI in aviation may be hiked to 49 pc

Kutch revisited -- With rubble & uncertainty for company

Indian Bank operating profit up

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Jan. 6-Jan. 12
Ordinance to give Govt blank cheque on excise -- Cap on commodities to go

Cos can have foreign currency a/c abroad

Kerala unveils harsh steps to overcome financial crisis

90% excise duty on petrol, 24% on diesel -- Prices for consumers cut marginally