![]() Financial Daily from THE HINDU group of publications Friday, January 10, 2003 |
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INDUSTRY & ECONOMY INVESTMENTS ICICI Bank starts advisory service for NRIs ICICI Bank has started an advisory service for non-resident Indians, called `NRI Advisory Services.' The service launched in New York and London, will be extended to Toronto, Dubai and Singapore, after receiving requisite approvals, said a ... More LOTTERY Playwin stops sales in TN CHENNAI: Complying with the Tamil Nadu Government ban on lotteries, Playwin has stopped sale of lottery tickets. Mr Kulbir Ahuja, Senior Vice President Sales and Marketing, Playwin Infravest Pvt Ltd, said that since the ban ... More CHEMICALS Chemicals sector lures most investment in Bengal Altogether, nine IT units brought investment of Rs 92 crore while eight plastics units were being set up with an investment of Rs 24 crore. More ECONOMY
Amartya hails India's `openness'THE Nobel Laureate, Mr Amartya Sen, has lauded India's openness and interactive attitude towards other countries, stating that such a quality has led to the development of science and mathematics in the country. This quality, he said, has also ... More
RBI holds talks with Finance Secretaries
UN downbeat on economic recovery ENGINEERING Amtex 2003 targets orders worth Rs 300 cr AMTEX 2003, an international exhibition and technical conference on machine tool and engineering industry, will be held in Bangalore between January 23 to 27. Approved by India Trade Promotion Organisation (ITPO), the exhibition will showcase ... More ENVIRONMENT PCB restores power to two Tirupur units THE two major dyeing units in Tirupur whose power supply was disconnected by the State Pollution Control Board (SPCB) last week for violating the board's directive on dye-house effluent load reduction have got their electricity supply restored by ... More FOREIGN TRADE Mahajan going to Egypt, S. Africa to boost ties IN a major move to give a new impetus to bilateral relations by positioning India's IT & telecom prowess in the African and West Asian region, the Union Communications and IT Minister, Mr Pramod Mahajan, will be visiting Egypt and South Africa ... More HEALTH BD Biosciences unveils flow cytometry gadget BD Biosciences, a business segment of Becton Dickinson India, the wholly owned subsidiary of the US-based $4-billion healthcare company, has unveiled the latest generation technology in the field of Flow Cytometry. Flow Cytometry makes the ... More
Health Ministers' meet soon PETROLEUM
RIL strikes gas off GujaratRELIANCE Industries Ltd (RIL) has struck gas in its offshore exploration in Gujarat, according to a senior company official. The discovery comes on the heels of its recent mega strike of seven trillion cubic feet reserves in the Krishna Godavari ... More
No plan to merge IOC, ONGC
Fourth round of NELP in early April: Naik
GAIL mulling new pipeline for natural gas PHARMACEUTICALS Pharma industry hands out strong dose to women Though the market is fragmented among 20-odd players, each with an average of Rs 10-15-crore share, there are some big names operating in the hormone, calcium and iron segments that target expectant, young mothers and mid-life women fighting osteopor osis. More POWER Power supply curbs from Sharavathy THE Karnataka Power Transmission Corporation Ltd (KPTCL) has announced a restriction on power supply from the Sharavathy generating complex due to erection work of the 400 kV intermediate tower of the Talaguppa Nelamangala line from January 10. ... More TAXATION Jaswant to discuss VAT with States THE Union Cabinet has authorised the Union Finance Minister, Mr Jaswant Singh, to negotiate with the States, the rate of compensation for any possible revenue loss due to the introduction of value-added tax (VAT) from April 1, 2003. "The final ... More WATER Krishna drinking water project by early 2004 THE Rs 1,000-crore Krishna drinking water supply project, which envisages evacuating about 90 million gallons per day (MGD) to the twin cities of Hyderabad and Secunderbad, is planned to be completed by January-February 2004 and efforts are on to ... More READYMADE GARMENTS Readymade exports to quota countries up 9.45 pc EXPORT of readymade garments to quota countries accounting for a sizeable chunk of the country's textile exports has done reasonably well by clocking a growth of 9.45 per cent in value terms during the first three quarters of the current ... More FOREIGN DIRECT INVESTMENT Kerala local bodies to put up 51 proposals at GIM THE Minister for Local Self-Government, Mr Cherkalam Abdulla, has said that his department would put up 51 proposals costing nearly Rs 3,500 crore for consideration by the two-day Global Investor's Meet (GIM), which begins in Kochi on January ... More WTO Sachs backs Indian stand on WTO pharma issue "The US virtually stood alone in blocking the broader interpretation. The Indian Government in negotiating on this issue held out for the broader interpretation and I think that they did a good job." More HUMAN RESOURCES `B-schools must forge links with corporates' BUSINESS schools are far away from the reality check as they have not linked themselves adequately with the corporate sector, according to the Dean of Kellogg School of Management, Prof Dipak C. Jain. Mr Jain, who addressed members of the ... More
`NRIs are no drain, but brain trust' INDUSTRIAL POLICY TN to allow pvt cos in core sector projects THE Tamil Nadu Government plans to enact a legislation to encourage greater private sector participation and public-private partnership in infrastructure projects. The legislation is to be modelled on similar ones in States such as Andhra Pradesh ... More EVENTS
Dual citizenship for people of Indian originTHE Prime Minister, Mr Atal Bihari Vajpayee, today announced a provision for dual citizenship for People of Indian Origin (PIO) living in certain countries. According to news agencies, dual citizenship, which would be voluntary, would be ... More
Gitex Hyderabad cuts expo rates
Gujarat to host Petrominex
Commonwealth body, CII spot tie-up avenues
ENTERTAINMENT & LEISURE Showbiz may get a big dose of venture capital YEAR 2002 may not have been great for the film business, but there seems to be no dearth of angels to lift the industry spirits, with venture capitalists expected to invest close to Rs 2,000 crore in the next few years. TiECon India 2003, the ... More INCOME TAX Emigrants don't need I-T clearance EMIGRANTS leaving the country will no longer be required to obtain a tax clearance certificate from the income tax authorities and furnish the same to the airlines. According to a Finance Ministry release, the requirement for producing a tax ... More EXPORTS & IMPORTS ESC's Kolkata office to boost regional exports THE setting up of a regional office of the Electronics and Computer Software Export Promotion Council (ESC) here on Wednesday is expected to give a fillip to exports of computer software and IT-enabled services (ITES) from the region. In ... More SICK UNITS Fresh bid to settle Keltron liabilities At the last meeting, the management had offered to repay as one-time settlement Rs 41.80 crore as the principal amount. More ECONOMIC OFFENCES Cabinet okays serious frauds office proposal THE Cabinet on Thursday approved the setting up of a Serious Frauds Investigation Office (SFIO), an agency for investigating corporate frauds including cheating of shareholders, depositors and investors. The SFIO may also cover institutions like ... More
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Top Stories In Focus Inside China Stock scam unravelling Petrol pump controversy Kelkar Report Reliance & Telecom Competition 2002: A drought year Gold: Still the winner? Oil PSUs: Disinvestment dilemma In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 29-Jan. 4 BJP, allies rap panel proposals Kelkar suggestion on edible oil duty a healthy one Traditional items push export growth in H1 Tea futures marks Upasi bid to be supply chain leader Mr N. Dharmaraj, Chairman of Upasi Tea Committee Gasohol programme watered down Ascon study upbeat on manufacturing sector Exports post 16% growth in Nov `Manufacturing must focus on tech' Rice exporters fault Govt policies, fear loss Will PPF retain glitter in the long run? |
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