The Hindu Business Line : Sunday, September 25, 2005

Sabarimala Temple all set for Rs 1,000-cr facelift — IL&FS to raise funds from market
THE next round of infrastructure development that would be opening an unusual avenue for investors looking for long-term returns could be around major pilgrim centres in the country. The first major pilgrim site slated for infrastructure ... More

CCEA okays Oil India's Numaligarh pipeline project
THE Cabinet Committee on Economic Affairs (CCEA) has approved the proposed construction of a 660-km long pipeline of Oil India Ltd (OIL) from Numaligarh in Assam to Siliguri in West Bengal at an estimated cost of Rs 468.92 crore. The pipeline ... More

PETROLEUM

Oil companies: Sliding on subsidies
THE red ink splashed across the balance-sheets of the four major oil companies — Indian Oil, BPCL, HPCL and IBP — in the first quarter may have dried but the underlying causes for the losses have ... More

More pain in the near term — How cos are tackling the price spike
WHAT does the near term hold for the refining and marketing companies and what is their strategy to tide over the difficult period ahead? Mr Sarthak Behuria, Chairman and Managing Director, Indian Oil, assured ... More

`Rising crude prices may boost use of vegetable oils'
RISING crude oil price is expected to result in higher use of vegetable oils and fats as fuel substitutes, Mr Thomas Mielke, Editor, OilWorld, said. "If crude oil prices stays above $60 a barrel they would be a stimulant for using oils ... More

India, Japan looking at co-operation in hydrocarbon sector
INDIA and Japan are looking at a possible cooperation in sharing experiences in the hydrocarbons sector. India will be looking to share Japan's expertise in research and development initiatives, efficiency and conservation measures resulting ... More

Cairn yet to decide on venture with ONGC
The refinery is to be set up with an investment of over Rs 7,500 crore. More

PHARMACEUTICALS

Drugs: Sibal prefers `price-monitoring' to controls
DRUG manufacturers opposing recommendations made recently by a taskforce on medicines may have found a sympathiser in the Union Minister for Science and Technology, Mr Kapil Sibal. Any regime that seeks to increase productivity should have ... More

TAXATION

Repair, servicing of computer software to attract service tax
THE Finance Ministry has said that maintenance, repair or servicing of all computer software would be subjected to service tax. It has issued a draft circular to this effect. The draft circular was issued following the decision of the Supreme ... More

EDUCATION

Singapore varsities' road show to woo Indian students
TO cash on the middle class Indian dream of studying overseas, Singapore has started wooing Indian students. Seventeen education institutions are on a road show in India to promote Singapore's vision as a `Global Schoolhouse.' Currently, ... More

MEDICAL INSTITUTIONS & HOSPITALS

`Funds for expansion not an issue for Apollo Hospitals'
FUNDING of expansion plans for the Apollo Hospitals Group will not be a problem with the company already sitting on a Rs 400-500-crore kitty. Speaking to Business Line, Dr Prathap C. Reddy, Chairman, said, "We will be deploying funds to ... More

WTO

ICAI for mutual recognition agreement
FEARING lack of genuine reciprocity from other countries affecting the chartered accountancy profession in India in the globalising scenario, the Institute of Chartered Accountants of India (ICAI) has impressed upon the Commerce Ministry the ... More

ALTERNATIVE MEDICINES

Govt to set new standards for ayurvedic, unani drugs
FOLLOWING the warnings issued by health regulators in the UK and Canada, the Health Ministry is putting in place basic parameters for companies manufacturing ayurvedic and unani products. It is planning to set heavy metal limits for these ... More

STANDARDS & BENCHMARKS

Manufacturing meet calls for quality, excellence
INDUSTRY captains, outlining the challenges before corporate India to achieve higher levels of manufacturing capabilities to arrive at the double digit GDP growth, veered round to the view that greater inclusiveness (creation of more jobs) has to ... More

ECONOMIC OFFENCES

Mukta Arts: CLB gives nod for further probe
THE Company Law Board (CLB) has given its nod to the Government to investigate further into the affairs of Mukta Arts Ltd, the production house that has rolled out movies such as Taal, Hero, Karma and Khalnayak. The ... More

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