The Hindu Business Line : Sunday, December 14, 2003

13 Indian students short-listed for Ibda'a media awards
THIRTEEN Indian students are among a total of 35 short-listed international contestants for the `Ibda'a Awards for Media Students 2003,' promoted by the Dubai Media City (DMC). The students have arrived in Dubai for the announcement of the awards ... More

ECONOMY

`India largest recipient of remittances in Third World'
INDIA has become the largest recipient of private transfers in the developing world with $14.8 billion in 2002-03, and its share in the global flows is at around 3 per cent. This was stated by Dr J.M.I. Sait, a former Director, ... More

Bank credit up Rs 4,711 cr
GROSS bank credit has increased by Rs 4,711 crore to touch Rs 7,66,636 crore as on November 28. This is inclusive of food credit, which grew by Rs 1,023 crore to touch Rs 36,461 crore and non-food credit, which increased by Rs 3,688 crore to Rs ... More

HEALTH

Understanding health covers
SHOPPING for an insurance policy and selecting the right mix of benefits are arduous tasks. The sheer variety of products and the tag-on benefits offered leaves you confused. Take, for instance, the health cover ... More

BANKING PRODUCT
SBI's Medi-Plus Scheme
YOUR loved one is hospitalised and needs surgery, but you do not have enough funds to meet the cost. Worried? You do not have to anymore. A host of loan products are now available that will help you meet such emergency ... More

INFRASTRUCTURE

Mundra SEZ roll out early next year
THE first phase of the Mundra Special Economic Zone (SEZ), being developed by the Rs 5,000-crore Adani Group at an estimated overall cost of over Rs 12,000 crore, will be ready for use by early 2004. The first private sector SEZ in the ... More

AUTOMOBILE COMPONENTS

Auto components stocks — Is the acceleration for real?
There is a growing impression that the next wave of outsourcing from India will be in auto components. The truth is that there are few companies that measure up to the rigorous standards required for supplying to multinational majors. More

AIR-CONDITIONERS & REFRIGERATORS

Refrigerator market still on a freeze?
DESPITE being one of the oldest white goods products introduced in the Indian market, refrigerator market penetration level is still much less (around 15 per cent) than colour televisions (20 per cent), a relatively late entrant on the scene. ... More

FOODS & FOOD PROCESSING

Govt keen on farmers, food processing industry tie-up
THE Government is keen on bringing farmers and food processing units together to exploit business opportunities in food processing. Addressing reporters after inaugurating Foodpro 2003, an exhibition on food processing here on Saturday, Mr N.T. ... More

PAINTS

Paints: Coming out in flying colours
FRONTLINE players in the paint industry are likely to end financial year (FY) 2004 with bottomline coated thick black. The continued high demand for housing in the past two years and a further softening of home ... More

`Focus now is on strengthening our presence in decorative segment'
Dealers and contractors play an important role in the purchase decision for paints, as they are the major influencers. Over the past few years, we have concentrated on increasing our network in terms of depth and width. More

Brush with costs
The health of operating margins is highly dependent on material costs, which constitute about 60 per cent of sales. More

Black and glossy
Asian Paints: Buy
Goodlas Nerolac: Hold/Buy on declines
Berger Paints: Hold/Buy on declines
More

FOREIGN DIRECT INVESTMENT

FDI inflow in telecom plummets 97%
IS foreign direct investment in the telecom sector drying up? The actual inflows plummeted 97 per cent this year, at just around Rs 33 crore, against Rs 1,081 crore the previous year. According to official sources, though it was widely expected ... More

EXPORTS & IMPORTS

Indian auto exports go into overdrive
INDIA'S automobile industry is literally going places. According to a Government data released here, India exported cars worth Rs 897.11 crore in 2002-03, a jump of 114.47 per cent over the previous year's exports of Rs 418.28 crore. ... More

Validity of duty-free licences on rubber import extended
THE Director General of Foreign Trade (DGFT) has extended the validity of certain duty-free licences that had been issued for import of natural rubber. A circular issued by DGFT said that duty free licences issued on or after February 20, 1999 ... More

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