Financial Daily from THE HINDU group of publications
Thursday, March 17, 2005
Financial Daily from THE HINDU group of publications Thursday, March 17, 2005 |
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INDUSTRY & ECONOMY NON-CONVENTIONAL ENERGY `Bio-fuel makers do not want subsidy' THE manufacturers of bio-fuels do not want any subsidies and they also do not want the Government to meddle with the micro management of bio-fuels. "Leave it (micro management) to the manufacturers. Create a policy with specific timeframe," Mr ... More ECONOMY 
India more globally integrated than US, Japan: FICCIIn India it takes twice as long for starting a business, three times more cost for registration and double the time for enforcing a contract compared with China. More ENVIRONMENT More private participation sought for handling garbage in AP THE city of Hyderabad generates 2,300 tonnes per day (tpd) of municipal solid wastes (MSW). Of this, 400 tonnes is currently being utilised by a private company named Selco to generate power, the rest is dumped. Interestingly, the Andhra ... More FOREIGN TRADE 
To help develop Bangalore utilities sector — Belgium keen to share expertise with IndiaBELGIUM is keen to share its expertise with India in the utilities sector, public transport and telecom, besides engineering and advanced technologies. "We are keen to provide our expertise in the utility sector, telecom, water management, ... More HOTELS Residence Hotel's convention centre booked for 3 months FOR a city lacking in adequate conference and meeting facilities, the inauguration of a convention centre at the Residence Hotel in suburban Powai should add to the available space. According to the Resident Manager at the Residence, Mr ... More PETROLEUM Oil PSUs curb commercial usage of subsidised LPG THE ongoing monitoring of the supply of domestic LPG has been successful in preventing diversion of subsidised LPG for commercial use. Sources in oil PSUs said that growth of LPG consumption had declined from as high as 11 per cent to just 4.8 ... More
No price hike in petrol, diesel now: Aiyar POWER Jaiprakash Hydro plans debt refinance of Baspa project JAIPRAKASH Hydro Power Ltd (JHPL) would look for refinancing its debt on the 300-MW Baspa hydel project in Himachal Pradesh. Mr Suren Jain, Director of Jaiprakash Associates Ltd (JAL), the holding company of JHPL, said that refinancing would ... More TAXATION Fringe Benefit Tax panel meet today THE Finance Ministry-appointed expert committee to review the Fringe Benefit Tax (FBT) provisions under the Finance Bill 2005 is to meet here on Thursday. Besides Dr Parthasarathy Shome, Advisor to the Union Finance Minister and Chairman of the ... More
Traders plan 72-hour bandh against VAT
Chamber wants fringe benefit tax to go
SSI Rs 2 cr for khadi rebate THIRUVANANTHAPURAM: The State Minister for Rural Development, Mr C.F. Thomas, has said that a sum of Rs 2 crore has been included in the demand for supplementary grants for payout of arrears in Khadi rebate. The State Government has ... More BREWERIES Kerala moots `micro brewery' licence in new excise policy A NEW class of licence for setting up `micro brewery' is the highlight of the Kerala Government's excise policy for 2005-06. According to the policy announced by the Finance and Excise Minister, Mr. Vakkom Purushothaman, in the State Assembly ... More HCV/LCV/TRACTORS 
Tractor sales set to record 31 pc growth this fiscalTHE growth momentum in the domestic tractor industry continues in the current fiscal. In fact, the industry is all set to close the year with a sales growth of 31 per cent to about 245,000 units, said Mr R.C. Jain, President of the Tractor ... More GEMS & JEWELLERY Confusion remains among jewellers on excise levy THE uncertainty doesn't seem to have ended for jewellers, at least in the South. Though the Finance Ministry issued a clarification defining branded jewellery for the purpose of levy of two per cent excise duty, a provision mentioned therein ... More BIO-TECH & GENETICS GVFL sets up Rs 50-cr biotech venture fund for Gujarat cos GVFL Ltd (formerly known as Gujarat Venture Finance Ltd) has launched a Rs 50-crore biotechnology venture fund for Gujarat-based companies. The 12-year closed-ended fund has received Rs 5 crore as seed capital from the Gujarat Government and ... More JUTE Ministry may link jute packaging order directly with modernisation IN an effort to modernise the ailing jute industry, the Union Ministry of Textiles is contemplating linking the quota of B Twill jute sackings directly with the modernisation of a particular jute mill. This was announced by Mr S. Majumdar, Jute ... More SCIENCE & TECHNOLOGY Aeronautics: Belgium agency plans collaboration with Indian cos AWEX, the export agency representing Belgium's Wallonia region, is exploring collaboration opportunities in aeronautics and space between Belgian companies and the Indian private sector, according to its CEO, Mr Philippe Suinen. The agency's ... More FOREIGN DIRECT INVESTMENT Govt clarifies on automatic FDI approval THE Government on Wednesday clarified that foreign direct investment (FDI) proposals in sectors that qualify for automatic approval would require prior Government approval in case the foreign investor has an existing joint venture or technology ... More
LG, BMW among foreign firms interested in Kerala SOCIAL WELFARE Sonia unveils housing scheme for urban poor in AP THE Chairperson of the National Advisory Council, Ms Sonia Gandhi, has unveiled the pylon marking the launch of `Rajeev Gruhakalpa' programme of Andhra Pradesh here on Wednesday. The programme endeavours to provide affordable housing for the ... More
Rice for `Food for Work' RURAL DEVELOPMENT ICICI Bank micro credit disbursements treble ICICI Bank's foray into micro-credit seems to be paying off, as the bank's disbursements have nearly trebled to Rs 702 crore so far this year. Last year, the bank disbursed Rs 245 crore. Sanctions this year amounted to Rs 916.50 crore compared ... More EVENTS EXPORTS & IMPORTS 
Raw sugar imports likely to be lowerTHE country's raw sugar imports are likely to be only 20 lakh tonnes (lt) during the current 2004-'05 season (October-September), as against the earlier estimated requirement of 25-30 lt. This comes in view of the domestic sugar output turning ... More
FIEO seeks transfer of advance licences
SGS India takes over pre-shipment inspection work for exports to Bangla
Record soyabean oil imports in February Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Mar. 6-Mar. 12 `Growth in services will drive manufacturing sector' Chidambaram says no to withdrawal of service tax on forex payments NPCIL's first 540 MW generation unit ready Budget 2005-06: Stage-managed humaneness Ladies garments top apparel exports Refiners not ready to supply BS-II diesel from April 1 — Auto industry worried that new vehicle norms deadline may change Asia to fuel auto demand, says KPMG survey Financiers upbeat on used car loans `Get products with chilli checked for banned dye before exports' PFC, French co, UN eyeing rural electrification pie Higher VAT exemption cap may mean lower Central compensation Newsprint prices to go up by Rs 1,000 a tonne Retailers propose real estate mutual fund Notional disallowance a better bet? |
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