The Hindu Business Line : Thursday, August 22, 2002

Drought surcharge on the cards?
The officials, however, clarified that the additional surcharge route would be taken only after exhausting all other options, including re-appropriation of demands under various Plan schemes and dovetailing these with drought-related projects. More

Rupee rises to 7-month high
THE rupee continues to gain strength against the weakening dollar. The local currency rose to a seven-month high of 48.54/5425 against the dollar on Wednesday. On Tuesday, the rupee closed at 48.5650/57. The domestic currency opened at 48.56/57 ... More

Tata Tele seeks nod to buy 31 pc Hughes Tele stake
TATA Teleservices Ltd (TTSL) has moved the Foreign Investment Promotion Board (FIPB) seeking permission for acquiring 44,08,24,709 equity shares of face value of Rs 10 each of Hughes Tele.com India Ltd (HTIL) accounting for 31.37 per cent stake ... More

Grey shades of good old cotton
PARTICIPATING in the recent All-India Cotton Trade Associations' conference was fun; on second thoughts, it was thought provoking too. Dignitaries from the cotton textiles sector, Government officials, scientists and several others from the ... More

Core sector grows 9.3 pc in July
EVEN as the economy faces the prospect of a sharp decline in agricultural production due to the monsoons playing truant this year, there is continued good news flowing on the industrial front. The official index of the six `core' infrastructure ... More

Coke mulling nimbu pani, tea foray
COCA-COLA India (CCI) is considering launching various categories of commercial beverages in the domestic market, which could include flavoured milk, nimbu pani, tea, fruit juice under the brand name Minute Maid, and Vanilla Coke, Mr Alex ... More

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