The Hindu Business Line : Sunday, July 13, 2003

`Chinese silk dumped at very low prices'
The Designated Authority in the Commerce Ministry has set a base price of $27.98 a kg for import of mulberry raw silk (not thrown), below which shipments into the country will attract anti-dumping duty. In its definitive anti-dumping duty ... More

HOTELS

Hotels: Check out for better days
HOTEL stocks, which lost favour post 9/11, have a bright prospect over the next couple of years. The improvement in the domestic economy should help the process of recovery for the industry though global ... More

De-risking: Set to pay
THE industry is moving towards new revenue sources in an effort to have greater stability. The traditional method of hotel business entirely depended on room and the associated food and beverages revenues. ... More

`Luxury hotels generate 75% of our revenues' — Interview with Mr Raymond Bickson, MD-designate, Indian Hotels
Indian Hotels is on a roll, what with occupancy rates looking up. Mr Raymond Bickson, the executive director and COO (luxury hotels) and the MD-designate, has a plateful of challenges to tackle as he sets about taking the Taj Group to a higher ... More

Spin-offs from external sources
THE hotel industry's reviving charms are not a function of its efforts alone. A few other factors that are not directly in the industry's domain have aided this fortune. The Government, for one, has ... More

What they have to offer
EIH: Hold
ITC Hotels: Hold
Hotel Leela Venutre: Buy, high risk
Taj GVK Hotels: Buy
Indian Hotels: Buy More

PHARMACEUTICALS

`Outsourcing will be a major challenge for pharma sector'
OUTLINING the current threats and opportunities of the pharmaceutical industry in a globally competitive environment, Dr C.L. Kaul, Director, National Institute of Pharmaceutical Education & Research, Chandigarh, has cautioned that with the ... More

RADIO/TV

News channel uplinking policy to be revised
IN the backdrop of the controversy surrounding the equity holding pattern of Star News, the Government has decided to revise the guidelines for uplinking by foreign news channels from India, to ensure that the foreign 26 per cent equity cap is ... More

MEDICAL INSTITUTIONS & HOSPITALS

Wockhardt to set up hospital in Bangalore
WOCKHARDT Hospitals has decided to set up a new hospital complex in Bangalore at a cost of around Rs 200 crore. The Wockhardt Chairman, Mr H.F. Khorakiwala, told newspersons on Saturday that Rs 100 crore will be invested in the first tranche. ... More

INCOME TAX

PAN form fee turning `a bee in the bonnet' for tax consultants
THE Income-Tax Department may have got a good thing going by signing up with UTI-ISL for issue of attractive tamper-proof PAN cards with a whole lot of built-in security features. UTI-ISL has also become busy, distributing the four-page PAN ... More

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