The Hindu Business Line : Thursday, April 17, 2003

Legal issues holding up Purulia project
THE Rs 3,189-crore Purulia Pumped Storage Scheme (PPSS) has suffered a two-and-a-half-year delay and is now expected to be operational only in 2007. Power sector sources said the project, which is being aided by the Japan Bank for International ... More

PETROLEUM

Ministry oversight results in Rs 1,200-cr loss to oil cos
THERE are many a slip between the cup and lip - and who would know this better than the Petroleum Ministry, whose oversight has resulted in the public sector oil marketing companies losing Rs 1,200 crore last fiscal. The Petroleum Ministry ... More

`Further cut in petrol, diesel prices likely'
THE Union Minister for Petroleum and Natural Gas, Mr Ram Naik, on Wednesday indicated that the Indian oil companies might effect further cut in oil prices if the international crude prices continued their southward journey. "The oil companies ... More

PHARMACEUTICALS

Pharma cos pressing for transparent pricing policy
"More transparency is required, as the Centre ends up playing the role of the prosecutor and the interested-party," observes an official who is part of a forum for MNC pharma companies. More

SUGAR

AP provides Rs 25 cr to 5 co-op sugar units
The Government has also approved a subsidy of Rs 1.41 crore to 92 powerloom units located in Nalgonda district as investments subsidy under the Target 2000 scheme as a special case. More

TAXATION

Post-VAT: States may decide on ST sops on April 23
STATE governments were expected to take a final decision on the contentious issue relating to the treatment of existing sales tax exemptions in a post-value added tax (VAT) regime on April 23, the Secretary of the Empowered Committee of State ... More

RADIO/TV

Merry-go-ground
More and more television channels have started conducting on-ground events to connect with target viewers. The reasons: The medium is direct, localised, provides one-to-one interaction and, most importantly, effective. More

CARS

Car sales up 15.2 pc in March
DOMESTIC passenger car sales rose by 15.2 per cent in March 2003 as consumers postponed purchases hoping to benefit from an excise deduction on automobiles in the 2003-04 Budget. Sales of Maruti Udyog, Tata Engineering, and Hyundai surged, as ... More

Domestic cos in driving mood
PASSENGER car sales grew 6.41 per cent to 5,41,738 units in 2002-03 as compared with 5,09,088 units in the previous fiscal. Terming the last fiscal as an eventful one for vehicle manufactures, Mr R. Seshasayee, President, Society of Indian ... More

FOODS & FOOD PROCESSING

New food law soon: Minister
THE Union Government is seriously planning to come out with a comprehensive new food law shortly. Stating this at a National Seminar on Food Processing Industry here on Wednesday, the Union Minister of State for Food Processing Industry, Mr ... More

BIO-TECH & GENETICS

Biotech cos launch forum, `ABLE'
IN an effort to forge a meaningful coordination to derive greater advantage from the fast growing industry, leading companies of biotechnology today announced the formation of "ABLE" (Association of Biotechnology Led Enterprises). The new body ... More

DAIRY & DAIRY PRODUCTS

Ice-cream, hot battles
The onset of summer, and it's time for the annual slugfest between ice-cream majors. This season, however, could see unprecedented action, predictable winners, and some huge upsets. More

DISINVESTMENT

Are foreign lines being wooed to bid for SCI?
The CCD was forced to invite fresh bids for SCI as it had received a poor response earlier. More

Govt to ensure listing of SCI shares post-disinvestment
THE Union Government will offer requisite number of shares to the public from its residual holding of 26 per cent to ensure continued listing of shares of Shipping Corporation of India (SCI) after privatisation through the induction of a ... More

Strategic sale of public sector undertakings — Norms laid for management/employee bids
THE Cabinet Committee on Disinvestment (CCD) approved guidelines for management-employee bids in strategic sale of public sector undertakings stating that employee participation and protection of employee interests was a key concern of the ... More

WTO

`WTO norms favour only developed nations'
IF only for the sake of its domestic industry, India should do its bit to re-negotiate the terms of the World Trade Organisation (WTO). The WTO guidelines are presently loaded in favour of developed nations and, therefore, pose a threat to a ... More

Special treatment for developing nations — WTO panel adopts Canadian proposal
FOR developing countries, rattled by frequent changes in standards and norms for processed food exports being adopted by advanced countries, there is some respite with the in-principle adoption of a procedure to ensure greater response to ... More

WTO may reject complaint against US origin rules
CLOSE on the heels of a victory of sorts for Indian bed linen exporters, when the Appellate Body of the World Trade Organisation (WTO) has detected determination of injury by the European Union to be flawed, there is an adverse news on India's ... More

SOCIAL WELFARE

Kerala Ministerial team for Gulf

RURAL DEVELOPMENT

DWCRA eyes Malaysia, South Africa for exports
The delegation could register sales to the tune of Rs 80 lakhs and orders worth Rs 1 crore. More

HUMAN RESOURCES

Fewer clients for employment exchanges in Kerala
ACCORDING to figures released by the State Planning Board in its Economic Review-2002, the total number of people on the `live' registers of the employment exchanges in Kerala till the end of September 2002 was 39.56 lakh against the figure of ... More

TOURISM

IATO to meet in Hyderabad
THE Indian Association of Tour Operators (IATO), the apex body of tour operators comprising over 4,000 members, is planning to hold a four-day national convention in the city from April 27. The annual conclave, scheduled to be held at the ... More

Punjab tourism on par with industry for incentives
TOURISM projects in Punjab will be treated at par with industry for the purposes of incentives. However, these incentives will be available only to those hotels, restaurants and amusement parks which come up in an authorised manner and with ... More

STANDARDS & BENCHMARKS

CII Karnataka training course on ISO standards
THE Confederation of Indian Industry (CII), Karnataka will be conducting a training course based on ISO 9000:2000 standards from April 28 to May 2 here. The course is part of compliance to ISO 9000 Quality Management System which has become ... More

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