Financial Daily from THE HINDU group of publications
Friday, May 13, 2005
Financial Daily from THE HINDU group of publications Friday, May 13, 2005 |
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INDUSTRY & ECONOMY EMPLOYMENT Job fair in Kochi KOCHI: The city-based Impresario Event Marketing Company Pvt Ltd is organising a three-day job fair, for the second consecutive time, here from June 15. The huge encouragement that was received from both the companies and candidates has ... More INVESTMENTS 
Giving wing to crashing carriersThe US Bankruptcy Court approving the United Airlines plea to shift its under-funded pension plans to the Pension Benefit Guaranty Corporation has raised the hackles of its employees. But this historic approval allows the big carriers to re-engineer themselves along the lines of the LCCs, and remain air-borne. This has important implications for India's airline industry, which is being deregulated, says G. Ramachandran. More
Calcutta Dock Labour Board pension liabilities — Dept of Shipping to approach Cabinet for Rs 600-cr corpus fund ECONOMY Industry posts 8 pc growth in 2004-05 LED by an improved showing by the manufacturing sector, industry recorded an eight per cent growth last fiscal, compared to seven per cent in 2003-04. According to the Index of Industrial Production released by the Government on Thursday, the ... More ENVIRONMENT Six-member team begins study of Noyyal system THE six-member expert team constituted by the Madras High Court to inspect the Noyyal river system in Coimbatore and Erode districts - to assess the damage caused by the effluent discharge from the knitwear industry at Tirupur - commenced ... More EXCISE AND CUSTOMS Excise dues: Taxmen may get powers to attach property THE Government proposes to empower the tax authorities to resort to provisional attachment of property in certain cases of default in payment of excise dues. This move is being considered to protect the revenues of the government in certain ... More HEALTH Beyond cosmetic changes This cosmetologist uses the latest treatment to cure leucoderma. But the bigger battle is against the stigma attached to the skin disorder. More INFRASTRUCTURE TDB to finalise land deal for Sabarimala in a week THE Travancore Devaswom Board (TDB), which has shortlisted the parties for purchase of over 300 acres of land for handover to the Forest Department in lieu of the forestland allotted to it, is expected to take a final decision on land purchase ... More PSU Nod for 50% DA merger with basic pay to CPSE staff NEW DELHI: The Union Cabinet has given its approval to the merger of 50 per cent of dearness allowance (DA) with basic pay for Central public sector enterprises (CPSE) employees following the Central Dearness Allowance (CDA) pattern ... More PETROLEUM Pilot project to revamp kerosene distribution network approved ASSURING that the Government is taking punitive action against those indulging in adulteration of diesel by mixing kerosene, the Minister for Petroleum and Natural Gas, Mr Mani Shankar Aiyar, has said that an innovative pilot project to radically ... More
Petronet plans 5-mt storage tank in Kochi POWER Essar Power plans Rs 4,000-cr investment in new capacity ESSAR Power hopes to tie up finances for its proposed 1,500 MW power plant in the next three months and complete the project in three years. With the expansion, the installed capacity of Essar Power will rise to over 2,000 MW. "We hope to ... More
Domestic lenders may buy GE-Bechtel stake in Dabhol
Centre to allocate 1,200 MW power to Maharashtra
Essar-GEB spat on power dues resolved TAXATION Chidambaram not in favour of high-handed approach THE Finance Minister, Mr P. Chidambaram, on Wednesday made it clear that he was not in favour of a "heavy-handed approach" to tax enforcement. He indicated that the tax department would place more emphasis on "information and intelligence" ... More TEXTILES Textile firms going in for vertical integration INDIAN textile firms are increasingly going in for vertical integration across the entire value chain, mainly to tackle the post-quota abolition induced squeeze on margins. Delhi-based Ginni Filaments, K.K. Birla group company Sutlej ... More RADIO/TV I&B Ministry asks Space TV to amend shareholders' agreement THE Information and Broadcasting (I&B) Ministry has written to Space TV, the 80:20 joint venture between Tata Sons and the Star Group for direct-to-home (DTH) broadcasting, to amend its shareholders agreement. According to Government sources, ... More REAL ESTATE & CONSTRUCTION Committee to monitor NOCs by Hyderabad municipal corporation HYDERABAD: The State Government has decided to constitute a high-level committee to ensure effective supervision of the issue of `No objection certificates' (NOCs) for building permissions by Municipal Corporation of ... More NEWSPAPERS & PUBLISHING Facsimile editions of foreign newspapers may be allowed: GoM THE Group of Ministers (GoM) on print media today recommended allowing printing of facsimile editions of foreign newspapers in India and hiking the syndication levels in Indian newspapers. While the Group has not recommended any increase in the ... More DISINVESTMENT Centaur sale: No ethical issue in Kerkar's ties with AI, says Shourie FORMER Disinvestment Minister Mr Arun Shourie has said that he saw no ethical issue in Mr Ajit Kerkar being on the board of Air India at the time that he was on it and the company controlled by him winning the bid for the sale of one of the two ... More FOREIGN DIRECT INVESTMENT Wal-Mart plans `significant' investments, to raise sourcing — Seeks opening up of retail sector US retail giant Wal-Mart is upbeat on India. Not only does the company want to substantially scale up sourcing from here, but also it has sought opening up of the retail sector for making "significant" investments. The Wal-Mart International ... More SOCIAL WELFARE A protective net In Bangalore's booming construction industry, builders struggle to find the right worker at the right time; the worker, often a migrant artisan, is frequently short-changed by unscrupulous employers. LabourNet hopes to change all that. More HUMAN RESOURCES Kerala: MLAs' team to tour the Gulf THIRUVANANTHAPURAM: A team of MLAs from the State will visit the Gulf countries to seek ways to secure the release of Keralites who have been languishing in jails and labour camps there. The Chief Minister, Mr Oommen Chandy, conveyed ... More INCOME TAX 
Compulsory auditing for charitable educational bodies, hospitals likely — Taxation laws amendment Bill introduced in LSTHE Government proposes to tighten control over educational institutions and hospitals that are currently availing various income-tax exemptions for their charitable activities. Educational and medical institutions operating as not-for-profit ... More TOURISM 
Tourism roadshow to sell KeralaCONSOLIDATING its leadership in the domestic market and expanding its reach globally, Kerala Tourism has launched a major promotional campaign with a focus on `Look East, Win West' and `Woo women and elders'. "After making a mark in traditional ... More
ECONOMIC OFFENCES Parliament passes Bill to curb money laundering PARLIAMENT has approved the Prevention of Money Laundering (Amendment) Bill 2005. The Rajya Sabha on Wednesday passed this Bill after the Finance Minister, Mr P. Chidambaram, gave an assurance to the House that the Government would get the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back May. 1-May. 7 `I-T sop for salaried class with rider needs relook' `E-governance of judicial system to be fully implemented soon' Chidambaram tells I-T Dept to target big spenders to widen tax base China's rapid economic growth hits Asian nations differently Molasses duty cut to Rs 750/t India Inc disappointed over FBT retention Service tax exemption for farm income insurance premium Drop in shipments to US affects pepper exports; down to below 15,000 t IBM among 29 FDI proposals cleared Edible oil imports surge in April Five commodities drive exports 26 pc in April-February Costlier edible products drive inflation up CAG finds fault with surplus land sale of NTC unit Small savings collections up 19% |
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