Financial Daily from THE HINDU group of publications
Saturday, May 18, 2002
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Financial Daily from THE HINDU group of publications Saturday, May 18, 2002 |
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INDUSTRY & ECONOMY OVERSEAS BORROWINGS $500-m high-cost debt prepaid in 2001-02 INDIA prepaid the most expensive external debt component amounting to $500 million during 2001-02 as part of its prudent external debt management policy, the Lok Sabha was informed by the Finance Minister, Mr Yashwant Sinha. Responding to a ... More ECONOMY 
Kerala Govt claims improvement in financesTHE Congress-led United Democratic Front (UDF) Government in Kerala, which completed one year in office on Friday, has claimed overall improvement in the State's financial situation during the period. For one, the curbs on treasury transactions ... More
FERTILISERS `Arbitrary' domestic pricing: Urea units look abroad for cheaper naphtha IN a bid to counter `arbitrary and ad hoc' pricing of feedstock by domestic petroleum refineries, leading naphtha-based urea units are planning to join hands and float a composite international tender for the purchase of naphtha at `competitive' ... More
Naphtha: Urea units' move irks petro refiners HEALTH Orissa seeks pvt participation on healthcare front THE Orissa Government has drawn up a blueprint for taking big strides in the medical education-cum-healthcare sector in the State, and has proposed to set up three new medical college-cum-hospitals in Bhubaneswar, Balasore and Raigada. ... More HOTELS INFRASTRUCTURE TRAVEL & PLACES Journeymart woos travel business JOURNEYMART.COM, a vertical travel portal, is positioning itself as a mall on the Internet. According to its Chairman and CEO, Mr Gautam Chadha, the site focuses on providing the traveller with a host of travel choices. "We are inviting ... More WATER MANAGEMENT L&T, Essar, Nagarjuna among bidders for Krishna water project The technical evaluation of these bids is expected to be undertaken by an expert committee and the process is likely to be completed within a month. More RADIO/TV Rajya Sabha fails to take up cable TV Bill THE Cable Television Networks (Amendment) Bill, 2002, which would pave the way for a conditional access system in the broadcasting sector, will have to wait, as the Rajya Sabha today could not take up the Bill for discussion and ... More
Govt urged to notify Act regulating cable EDUCATION More centres under `mission reach' on cards EIGHTY TIFAC-CORE (The Industrial Forecasting and Assessment Council - Centres of Relevance and Excellence) centres are to become functional by December 2003. Disclosing this here on Friday, Dr M.S. Vijayaraghavan, Adviser, Mission Reach, said ... More
CARS Battle begins in diesel auto segment The climate of the State has much to do with the preference of the resident Keralite for diesel vehicles. More INDUSTRY ASSOCIATIONS New US Farm Act cause for concern: FICCI THE Federation of Indian Chambers of Commerce & Industry (FICCI) has expressed concern over the US new Farm Act signed by the President, Mr George W. Bush, earlier this week. This has raised federal farm payments by a whopping $83 billion and ... More KNITWEAR & HOSIERY Validation of FCFS quota: Tirupur exporters want procedures simplified THE Tirupur garment exporters have asked the Textile Ministry and the Apparel Export Promotion Council (AEPC) to remove certain procedural hurdles they are facing in getting validation of export quota under FCFS (first-come-first-served) ... More DISINVESTMENT Cabinet panel meet today on IPCL sell-off THE Union Government will finalise the strategic partner for Indian Petrochemicals Corporation Ltd (IPCL) at a meeting of the Cabinet Committee on Disinvestment (CCD) to be held on Saturday. The CCD is also expected to clear the transaction ... More
Jessop sell-off: HC declines stay on interim order
13 bidders conducting due diligence of STC EVENTS The strength of `lean' manufacturing IN the last few years, the Indian industry has seen a revolution of sorts — any company worth its name has kaizen programmes, in which, basically, workers suggest and effect improvements in whatever they are doing. Many companies have ... More
Hyderabad Engagements
INCOME TAX Bulk filing of I-T returns to be allowed in 14 cities THE Central Board of Direct Taxes (CBDT) is set to permit bulk filing of tax returns on a computer readable medium by salaried taxpayers in 14 cities to begin with. These include the four metros -- Delhi, Mumbai, Kolkata and Chennai - ... More
Airlines deducting tax from travel agents' incentives EXPORTS & IMPORTS Exporters must make use of EIC system: Rudy THE Government has asked the exporting community to take benefit of Export Inspection Council's (EIC) system of same day issuance of certificates of origin. Inaugurating EIC's extension counter for issue of certificates at airport complex in ... More TOURISM Plea to restore LTC for Govt staff THE Union Minister for Tourism, Mr Jagmohan, today said that he had met the Prime Minister, Mr Atal Bihari Vajpayee, to appeal to him to restore leave travel concession (LTC) for Government employees. "The outcome of the discussions will be ... More
Tourism dept to cash in on `fish medicine' ECONOMIC OFFENCES Home Trade bank accounts sealed HOME Trade's accounts in several banks like UTI Bank, HDFC Bank and Standard Chartered Bank have been sealed following inspection by teams of Reserve Bank of India officials, according to informed sources. "The sealing of the accounts has been ... More
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Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back May. 5-May. 11 Can Ranil convert the `feel-good factor' into economic benefit? Car, mobikes may propel auto sector to 16% growth DTH entry rules not to be relaxed for now Top 15 account for Rs 53,760 cr -- Investments in 62 projects shelved Industry sees recovery in 6 months: Survey `Pharma retail chains will replace corner chemists' Industrial growth falls to nine-year-low of 2.7 pc Commissioner of seamen PF to go -- DG Shipping lodges plaint with CBI |
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