Financial Daily from THE HINDU group of publications
Tuesday, April 19, 2005
Financial Daily from THE HINDU group of publications Tuesday, April 19, 2005 |
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INDUSTRY & ECONOMY EMPLOYMENT e-Smart cards launch in May for overseas job aspirants E-SMART cards, providing personal and passport details of Indian workers planning to go abroad for jobs, will be launched by the Ministry of Overseas Indian Affairs in early May. Heavy penalties including jail terms and blacklisting are also in ... More ANTI-DUMPING Dumping duty on butadiene rubber mooted THE Designated Authority in the Commerce Ministry has recommended imposition of provisional anti-dumping duty on import of acrylonitrite butadiene rubber (NBR) from the 25-member European Union (excluding Germany), Mexico and Brazil. In a ... More ECONOMY Energy hot topic at IMF, World Bank meetings AGAINST the backdrop of continuing rise in oil prices and the Wall Street taking a beating last week, plunging to new lows for 2005, the Finance Chiefs of the Group of Seven Industrialised nations focussed on the energy sector as they gathered ... More
ACCOUNTANCY ICAI Council meet to focus on `electoral reforms' proposals WINDS of change are once again blowing at the Institute of Chartered Accountants of India (ICAI), which has been in existence for over fifty years. As part of the electoral reform measures, the institute may consider introduction of a cap on ... More ENVIRONMENT Closure notice to TTP THIRUVANANTHAPURAM: The State Pollution Control Board has issued closure notice to the public sector Travancore Titanium Products (TTP) for not complying with directions to set up an effluent treatment plant. The board has issued the ... More FOREIGN TRADE 
India, Pakistan agree to enhance economic, commercial cooperationINDIA and Pakistan today agreed that enhanced economic and commercial cooperation would contribute to the well being of the people of the two countries and result in a higher level of prosperity for the region. A joint statement issued at the ... More
Victoria initiative to boost ties with India
Hamburg sets up office in India HEALTH Charak Pharma in pact with Russian co for liver disorder drug CHARAK Pharma has entered into an alliance with Russian allopathic company Avin Pharma to co-market its liver disorder drug Livomin. Next on the anvil is the anti-diabetic drug, Hyponidd, currently under registration in the Russian ... More
Shantha Biotech launches vaccine for brain fever INFRASTRUCTURE Foundation for Kinfra park to be laid this week THE Chief Minister, Mr Oommen Chandy, will lay the foundation stone for the biotech park promoted by Kerala Industrial Infrastructure Development Corporation (Kinfra) at Kalamassery near Kochi on April 21. The park, estimated to cost Rs 39.54 ... More
Twin cities to have two more multiplexes PETROLEUM HPCL, BPCL gain as crude slips from peak THE HPCL and BPCL stocks moved up today with volumes amid a general gloom in the market. This was on expectation of a better bottomline in the current quarter in view of substantial fall in crude oil prices. The BPCL counter gained 2.94 per ... More
Panel report on oil PSUs' merger likely next month
Petrol dealers' strike near total in Karnataka POWER 
Power projects sans govt guarantees — FIs ready to accept alternative payment security mechanismPOWER projects failing to tie up funds due to lack of government guarantee cover may finally see the light of the day. Financial institutions lending to the power sector have started to look beyond government guarantees for financing of new ... More
Lenders reluctant to fund gas-based power projects STEEL IISCO-SAIL merger: Montek riles Left again THE recent statement made by the Planning Commission's Deputy Chairman, Mr Montek Singh Ahluwalia, against the proposed merger of IISCO (Indian Iron & Steel Co) with SAIL (Steel Authority of India Ltd) may lead to another round of bickering ... More TAXATION Bengal trade body calls bandh on April 29 on VAT implementation THE Federation of West Bengal Trade Associations (FOWBTA), in keeping with the call by the all-India Bharat Vyapari Udyog Mandal, has decided to observe a trade bandh on April 29 in protest against VAT implementation. The Federation has also ... More TEXTILES 
India second largest apparel exporter to US?THE way things are going it is only a matter of time before India overtakes Mexico as the second largest exporter of textiles and apparel to the US. Judging by the rates of growth before and after quota abolition (see table), as many as six of ... More
Textile exports to touch $40 b by 2010: Study
Meet on cotton fibre quality standards at Coimbatore SSI `SMEs can use IT to become competitive' THE outsourcing boom cannot but have a beneficial impact on the SME sector. Opportunities are especially available for Indian SMEs in food processing, gems and jewellery, auto components, bulk drugs, apparel and knitwear, according to Mr T. C. ... More WATER Panel to monitor Kerala water supply scheme THIRUVANANTHAPURAM: The Kerala Government is actively considering the setting up of a high-power committee, headed by the Chief Secretary, to ensure transparency in the implementation of the JBIC-aided water supply scheme in the State. ... More RADIO/TV Govt mulls controls on sting operations THE hidden camera might not be allowed to sting at the `wrong places' and at the `wrong time' anymore. Shaken by a series of embarrassing exposes through `sting operations' by news channels, the Information and Broadcasting (I&B) Ministry is ... More EDUCATION Magnus school records cent per cent placements MAGNUS School of Business (MSB) has announced 100 per cent placement for its first batch of students in MBA programme for 2003-05. Addressing students and faculty members at the Commemoration Day here on Monday, the MSB Dean, Prof Amit T. ... More REAL ESTATE & CONSTRUCTION 
The great levellerA view of a bricks manufacturing unit at Parappur near Thrissur. An upsurge in construction activities in the State has accelerated brick production in recent months. Mining of clay from the paddy fields has created serious environmental problems ... More INDUSTRY ASSOCIATIONS FICCI hails move to set up consulates in Mumbai, Karachi THE Federation of Indian Chambers of Commerce and Industry (FICCI) has said that it considers the joint decision of India and Pakistan to set up consulates in Mumbai and Karachi before the year-end as a significant measure to encourage ... More MINERALS MetalJunction eyes mineral trading METALJUNCTION Services Ltd, formerly known as MetalJunction.Com Pvt Ltd, is set to enter into the mineral trading business. The new business is expected to generate a turnover of Rs 2,000 crore during the current fiscal. The total turnover is ... More DISINVESTMENT Ministries still to agree on mode of divesting in OIL OIL India Ltd (OIL) may have to wait a while before it is able to come out with an initial public offering (IPO). The differences between the Ministry of Petroleum and Natural Gas and the Ministry of Finance are yet to be sorted out. "We have ... More SOCIAL WELFARE AP CM expedites girl child scheme IRKED over the delay in issuing the Government Order for the girl child protection scheme, the Chief Minister, Dr Y. S. Rajasekhara Reddy, has asked why officials delayed the order when the Government had announced that the scheme would come ... More
AP Scheduled Castes finance co-op to be revitalised EVENTS Meet on Exim Policy at Hyderabad HYDERABAD: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) will conduct an interactive meet on Export-Import (Exim) Policy here on April 21. Mr K.T. Chacko, Director-General of Foreign Trade (DGFT), would ... More ALTERNATIVE MEDICINES Seminar on herbal industry HYDERABAD: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is organising a national seminar on herbal industry on April 23. The seminar would cover issues such as opportunities in cultivations, marketing and ... More STANDARDS & BENCHMARKS Drive to enforce weights and measures norms CONSUMERS, who feel that they are not getting the right quantity and quality of products bought in the markets, can assert their rights and get redressal from the Department of Legal Metrology (Weights and Measures), which is upbeat on its ... More ECONOMIC OFFENCES Ministry fiat to CIL KOLKATA: The Union Ministry of Coal & Mines has advised Coal India Ltd to transfer the Chairman & Managing Director of South Eastern Coalfields Ltd (SECL), Mr M.K. Thapar, with immediate effect. The vacancy thus created will be filled by ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Apr. 10-Apr. 16 Trade policy: EOUs hope for I-T relief Coal India sets production target of 343 mt for '05-06 Truck rentals slip on VAT confusion ICICI Group forays into realty — Arm sets up dedicated fund; partners Tishman Speyer New patent regime — Discovering new challenges Indian cos going slow on promoting Valdecoxib Govt may allow 20 pc FDI in FM radio broadcasting Corporation tax mop-up touches Rs 83,311 cr FDI enquiries building up for mid-tier realty cos Petro product sales up 1.2% in March; diesel demand falls Crude futures slide 9-10 pc at MCX Power consumers set to get choice of distribution utility — 11 State ERCs issue open access guidelines Qatar, India sign air services pact; keen to better trade ties `World trade growth to slow down this year' National Jute Policy aims to boost exports — Shipments to be increased to Rs 5,000 cr by 2010 Bumper year forecast for South Eastern Rly — Spurt in demand for rakes by sponge iron units Big FMCG brands regaining lost ground from low-priced warriors Chinese garments come cheap |
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