The Hindu Business Line : Sunday, August 10, 2003

To counter dip in collections — Excise audit for EOUs made mandatory
DIPPING excise collections have forced the Finance Ministry to tighten audit procedures in order to plug possible sources of evasion. For the first time, all export-oriented units (EOU) have been placed under the category of mandatory audits to ... More

FOREIGN TRADE

Indo-Lanka FTA to boost trade ties
WITH the modified Free Trade Agreement removing the imbalance in terms, Sri Lanka hopes for a seamless trade with India to begin by the end of the year. The modified FTA initially signed in 2000, has enabled India to become the second largest ... More

HOTELS

Thailand eyeing restaurant sector
THAILAND is keen on setting up a string of Thai restaurants in the country, directly or on franchise basis, Mr Korn Dabbaransi, Deputy Prime Minister, Thailand, said here on Saturday. Speaking at a meeting organised here by the Federation of ... More

PETROLEUM

Oil and gas — upstream: A gush of activity
AFTER an extended spell of inactivity, action is now hotting up in the upstream oil and gas sector. And the two main protagonists — Oil and Natural Gas Corporation (ONGC) and Reliance Industries — are ... More

Interest in gas flares up
Reliance's gas find has the potential to double the production and change the energy map of the country. More

The action at Mumbai High
A SHORT, 45-minute helicopter ride away from Mumbai is the Mumbai High oil field, the heart of the country's oil map. Though popularly known as Mumbai High, the region actually consists of three major assets — ... More

The stocks to barrel
ONGC: Hold
Gail: Hold
Reliance: Hold
More

`We have to be an integrated oil company'
OIL and Natural Gas Corporation (ONGC) is all abuzz these days. From a staid PSU that was content pumping out the oil that it already had, ONGC has turned aggressive in pursuit of fresh finds, both in India and abroad. Piloting this effort is ... More

RADIO/TV

Broadcasters commissioning own surveys
THE absence of an independent research agency to measure listenership of radio has resulted in radio companies commissioning their own surveys. According to an IMRB survey, Times Group's Radio Mirchi rules the airwaves in Delhi. Another one, ... More

Star News may have to rework application
STAR News may have to restructure its company yet again with the Inter-Ministerial Group (IMG) considering the option of fixing the equity stake by an Indian promoter at 51 per cent. At its meeting on Saturday, the Group discussed the issue of ... More

Cable operators black out Sony channels in select areas
EVEN as the Government is keen on the implementation of the Conditional Access System (CAS), the spat between cable operators and broadcasters continues with several cable operators switching off channels distributed by the One Alliance - a ... More

EDUCATION

IITs' funding to be performance-linked
THE Government plans to bring in performance-linked funding to the Indian Institutes of Technology as an incentive to improving output, according to Dr Murli Manohar Joshi, Union Minister for Human Resource Development. Addressing a press ... More

BEVERAGES

CFTRI tests to decide cola majors' fate
INDEPENDENT tests for pesticide residue in their products, to be conducted by the Central Food Technological Research Institute, Mysore, will determine the fate of soft drink companies Coca-Cola and PepsiCo. The Union Minister of State for Food ... More

DISINVESTMENT

Rich harvest for CDC
SMART moves by the Commonwealth Development Corporation (CDC), close on the heels of the acquisition of a significant stake in Punjab Tractors, are likely to give it bigger bang for the buck. Its proposed open offers ... More

HPCL sell-off likely to be over by Nov
THE strategic sale of 34 per cent Government equity in Hindustan Petroleum Corporation Ltd (HPCL) is expected to be completed by November this year, according to the detailed timetable recently approved by the Inter Ministerial Group (IMG) on ... More

WTO

Jaitley seeks consensus on WTO talks
"The country has something to gain in the area of non-agricultural market access and can take a proactive position in the area of industrial tariffs." More

EVENTS

Mumbai to host India-Chem '04
CONTINUING with the concept of Government-industry partnership in keeping with the economic reform process, the Union Government is organising `India-Chem 2004' jointly with the Federation of Indian Chambers of Commerce and Industry (FICCI). ... More

EXPORTS & IMPORTS

Shinde inaugurates MahaMumbai SEZ
THE Maharashtra Chief Minister, Mr Sushil Kumar Shinde, inaugurated the MahaMumbai Special Economic Zone (MMSEZ), promoted by Sea King Infrastructure Ltd, on the outskirts of Mumbai, on Saturday. The MMSEZ, to be developed in three phases over ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line