Financial Daily from THE HINDU group of publications
Friday, March 08, 2002
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Financial Daily from THE HINDU group of publications Friday, March 08, 2002 |
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INDUSTRY & ECONOMY BUDGET Industry, trade yet to get over Budget blues WITH a week past since the Union Budget was presented, the Budget blues still seem to haunt industry and trade. They continue to carp about the consequences of the proposals, lest any course correction should still be feasible before the ... More CHEMICALS Online exchange for chemical waste BANGALORE: ChemNest India, an online exchange for chemical waste from the domestic industry, is being launched in Bangalore on Friday. The interface will be the first of its kind in India for any kind of industrial waste, according ... More ECONOMY 
It's another March 8Women in Hyderabad on their way to find work for the day. A large number of women from rural areas pour into the city in search of employment and live as daily wage labourers. The `Jai Prakash Rozgar Guarantee Yojana' , a scheme to provide ... More ENVIRONMENT SIV Ind seeks Govt nod for lay-off SIV Industries at Sirumugai near Mettupalayam has sought the permission from the State Government to lay off its 2,225 workers, as it has been unable to find any source for raising about Rs 46 crore to re-start the plant operations. The plant ... More PSU Why PSUs fear to tread where private cos rush in THE exceptional haste with which corporate India went about declaring interim dividends to avoid payment of taxes by shareholders after March 31 has highlighted a clear divide between state-owned companies and banks and corporates with relatively ... More STEEL Budget ignores steel sector demands IT can now be said with certainty that Mr Yashwant Sinha has done precious little in his Budget for 2002-03 to address the steel industry's immediate problems — that of slack domestic demand and less than remunerative net sales realisation. ... More
US may not `steel' the show
India's exclusion from US steel duty welcomed TEXTILES Scheme to subsidise hank yarn launched CLOSE on the heels of the Union Budget proposal to provide subsidy on hank yarn used by handloom weavers to make up for the new excise duty incidence, the Centre has come out with a scheme to subsidise hank yarn sold to handloom weavers on the ... More GEMS & JEWELLERY Gem, jewellery exports up 24% EXPORTS of the gem and jewellery sector have registered a growth of 24.23 per cent in dollar terms (27.30 per cent in rupee terms) in January 2002, compared to the same month last year. According to an official release, the sector accounted for ... More LEATHER Good response to tannery scheme THE Commerce Ministry has said the Tannery Modernisation Scheme, launched two years ago, has evoked encouraging response from the leather industry. An official release by the Ministry, the nodal agency operating the scheme, said the extension ... More PAPER, BOARD & NEWSPRINT `Newsprint sector in for a shake-out' THE domestic newsprint industry is expected to undergo a "wrenching shake-out" comparable in magnitude to what is happening in the newspaper industry itself. Stating this, Mr Raji Philip, President of Indian Newsprint Manufacturers' ... More INDUSTRY ASSOCIATIONS Interim pay-out: FICCI seeks one-time waiver THE Federation of Indian Chambers of Commerce and Industry (FICCI) today joined the bandwagon of other industry bodies, seeking one-time relaxation on allowing companies to declare interim dividends. SEBI had on Wednesday issued a directive to ... More BIO-TECH & GENETICS 
`Great scope for Indian cos in biogeneric drugs'With over 350 biotech drug products in the pipeline worldwide, the Indian biotech industry has a major challenge of filling the manufacturing capacity in the field, Ms Kiran Mazumdar Shaw, CEO of Biocon India, has said. At the same time, ... More DISINVESTMENT HC grants 4-week stay in Jessop case MR Justice Ashok Kumar Ganguly of the Calcutta High Court on Thursday granted an interim order for a period of four weeks in the Jessop & Co Ltd (JCL) transfer case. Jessop Co Ltd Staff Association (Association) moved an application challenging ... More
Keep mining unit out of Jessop sale plan: DGMS
Legal hurdles to divestment -- Govt mulls hiving off Neyveli power plants FOREIGN DIRECT INVESTMENT 100 pc FDI in auto sector under automatic route -- No minimum investment norms THE Government on Thursday permitted 100 per cent foreign direct investment (FDI) in the automobile and component sectors under the automatic route, as part of its much-delayed and watered down Automobile Policy. Until now, 100 per cent FDI in ... More MONETARY POLICY 
Argentine-brand monetarism backfiresARGENTINA is in the news since January for its currency and debt problems. In December, a massive debt default and restrictions on currency withdrawal led to large-scale violence, looting and even deaths, which eventually saw the exit of five ... More EVENTS `Progress comes with ideas outside policy circles' THE ideas that will revolutionise the future will most likely come from sources outside the charmed circle of policy makers, academics and other professionals, according to Ms Susan V. Berresford, President of the Ford Foundation at New York. ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 24-Mar. 2 Policy for workers' security needed: PM CII plea to widen tax net Disinvestment, Budget moves to set the tone for next rally Mitsui pulls out of race for SCI stake Tough agenda for Finance Minister DCA seeks details about Hutchison equity pattern Put reforms on the fast track: Narayanan Cut deficit, lift growth: Survey 10 PSUs to be divested by March Cabinet committee meet on HPCL, BPCL sell-off today Daunting task ahead of Sinha Exports up 1.56 pc in Apr-Jan No highs for breweries, distilleries Sinha lands a knock-out punch -- Rs 12,700 cr extra taxes on individuals, corporates 10 more services come under tax net -- Rs 1,400-cr additional mop-up seen Oil sector deregulation: A(nother) P(erfect) M(anipulation) Changes galore for individual taxpayers Sinha for linking interest rates to inflation `One can't have a road-map every year' |
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