The Hindu Business Line : Thursday, February 21, 2002

Indonesia seeks tie-up in IT, pharma sectors
INDIA and Indonesia would co-operate closely in the fields of information technology, agro-products and pharmaceuticals to enhance the current level of bilateral trade. This was indicated by Ms Rini M.S. Soewandi, Indonesian Minister of Trade ... More

PETROLEUM

ONGC, refineries haggle over post-decontrol crude prices
The difference between c.i.f. and f.o.b. price of crude imported from a Gulf port works out to about $7 to $8 per tonne. Indian refiners importing crude will have to pay for transport, freight, insurance, port charges, etc. This is the price that ONG C intends to charge after decontrol. More

SSI

Coimbatore SSIs want say on weights & measures
Codissia has suggested holding an open house discussion with the representatives of associations and traders of weights and measures, dealers and repairers to obtain their views on the proposed amendments. More

WATER MANAGEMENT

IBRD grants loan for water projects in UP, Rajasthan
THE World Bank on Wednesday approved two lines of credit for India to improve income and fight rural poverty in Rajasthan and Uttar Pradesh through two water restructuring projects totalling $289.2 million. The two credit lines, $140 million ... More

RADIO/TV

AIR's digital home service from Feb 27
ALL India Radio (AIR) will launch digital home service on February 27. It has tied up with WorldSpace for the service. Prasar Bharati will hire space on transponder of AsiaStar satellite of WorldSpace, which will cater to the Indian ... More

HOME APPLIANCES

Small is big business
There's a lot of action in the small appliances segment with domestic brands and MNCs, not to mention the unorganised sector, keen on finding their place under the sun. More

KNITWEAR & HOSIERY

Gar-knit X 2002 opens in Tirupur today
AN international exhibition on garmenting with a focus on knitting and processing technology is to be held in the hosiery town of Tirupur during February 21-24. The exhibition, `Gar-knit X 2002', will showcase the latest garmenting and ... More

CINEMA

`Entertainment sector has growth potential'
THE Indian entertainment industry has the potential to grow up to Rs 5,000 crore in the next five years. "If India wants to achieve one per cent share of the global entertainment industry the size of the industry would have to more than ... More

NEWSPAPERS & PUBLISHING

Panel meet on print FDI next wek
NEW DELHI: The Parliamentary Standing Committee on Information Technology is likely to take up the issue of allowing foreign direct investment in the print media at its meeting next week. According to sources, this proposal did not come ... More

FOREIGN DIRECT INVESTMENT

Araco Polyflex among 42 FDI proposals okayed
ARACO Polyflex Private Ltd's proposal to infuse additional funds to the tune of Rs 20 crore from its parent companies and Hughes Escorts Private Ltd's proposal to bring in Rs 10 crore fresh investment for setting up a wholly-owned downstream unit ... More

HUMAN RESOURCES

FMCG cos may top popularity charts at IIM-B
FMCG (fast moving consumer goods) is hot again while finance is cooling its heels! It's campus recruitment time at the Indian Institute of Management, Bangalore this weekend and students are expecting half of last year's average pay packet. ... More

INTERVIEW

`States must match Centre's initiative on minerals'
MR Prabhakar Ram Tripathi, President of the Federation of Indian Mineral Industries (FIMI), is generally optimistic about the future of the domestic non-coal mining sector. Mr Tripathi, who is steering the course of National Mineral Development ... More

Pranab prescribes spending spree to spur demand
`In any of the four Budgets Mr Sinha presented, he has not given strong encouragement to savings and we are now left with a situation of fiscal deficit increasing, investment famine continuing, and State finances in a precarious stage.' More

EVENTS

Daggers drawn
More

ENTERTAINMENT & LEISURE

Report delineates anti-piracy steps
THE CII-Ernst & Young Report on Entertainment has suggested the creation of a national anti-piracy umbrella body for the film and music industries. The report, which was released at the CII-Business of Entertainment conference on Wednesday, has ... More

EXPORTS & IMPORTS

Port-based SEZs in offing in Karnataka to boost exports
KARNATAKA will soon come out with a proposal to set up port-based special economic zones to give an impetus to exports from the State. It has identified Mangalore and Karwar as the possible locations. Disclosing this here on Wednesday, the ... More

BEARINGS, CASTINGS & FORGINGS

Plea to lower import duty on ball bearings
THE Confederation of Ball Bearing Trade Association of India has urged the Finance Minister, Mr Yashwant Sinha, to reduce the peak rate of 35 per cent basic customs duty on all imported bearings to 25 per cent, as applicable to other machinery ... More

TOURISM

`Ringaroom' for hotel bookings
AN instant toll-free phone booking facility across South India is set to simplify room-booking by frequent travellers. RingaRoom, the day-and-night instant booking facility, will offer 1,600 rooms per day in 17 important business and travel ... More

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US-64

Looking back
Feb. 10-Feb. 16
Do you know what boss expects of you at work?

Harsh winter for India Inc; only pharma, auto do well