Advertising & Marketing
How does it look?
Film stars Shah Rukh Khan and Sonali Bendre at the launch of new models of Omega watch in the Capital on Sunday.
`Malabar Care' coconut oil launched
GUWAHATI: The Calcutta-based Rudra Consumer Care (P) Ltd, recently launched `Malabar Care' - its pure double filtered coconut oil in consumer packs in the north eastern region through its agent Suresh Enterprise, Guwahati.
Banking and Finance
UBOA zonal meet on national issues
GUWAHATI: The 2-day 4th North Eastern Zonal conference of United Bank Officers Association (UBOA), an affiliate of AIBOC, held here, deliberated upon national and regional issues confronting the banking industry in the country and the impact and implicat
ion of the much talked about reforms on the United Bank of India (UBI). The conference also discussed the two important issues of Government move for privatisation of Public Sector banks and the Voluntary Retirement Scheme (VRS).
Chemicals
Dumping probe on isopropyl alcohol from US terminated -- Nocil and Shell are `related'
THE Designated Authority in the Commerce Ministry has terminated anti-dumping investigation on imports of isopropyl alcohol (IPA) from the US, Singapore and the Netherlands.
Corporate
BAT rules out counter-offer for VST stake
BAT, the UK-based single largest stakeholder in ITC Ltd, has effectively ruled out, for the time being, filing of a counter-offer for the 20 per cent stake in VST Industries. The UK company already holds 32 per cent in VST.
Vajpayee to address Asia Society meet
THE Prime Minister, Mr A.B. Vajpayee, would deliver the inaugural address at the Asia Society's annual corporate conference in Asia - Asia's technology future: Transforming business.
DCM Financial Services plans to delist, revamp
DCM Financial Services Ltd is planning to delist and rename itself. The company also plans to restructure its capital base for which it proposes to issue preferential shares to financial institutions and individual creditors.
Samtel group targets Rs 2,600-cr turnover
THE Samtel group is targeting a turnover of Rs 2,600 crore by 2004, with Samtel Colour Ltd accounting for about 54 per cent of the total group turnover.
Tata Central Archives inaugurated
THE Tata Central Archives, displaying exhibits tracking the 123-year-old history of the Tata Group, has been unveiled in Pune. The Managing Director of Tata Services, Mr T.R. Doongaji, said this was the first instance of an industrial group trying to kee
p its history intact. He said that the archive represented the history of the industrialisation of in India which the Tatas pioneered.
BIFR directs Andhra Cements to induct co-promoter
THE ailing Andhra Cements Ltd (ACL) has been directed to take concrete steps for inducting a co-promoter so that the required funds are made available for its revival.
Dubai shopping fair gets under way
DUBAI once again presents its unique bonanza for tourists -- the sixth edition of the Dubai Shopping Festival (DSF), promising bigger and better entertainment for thousands of expected visitors from across the globe.
Courts
Most gas disaster claim forms `bogus'
NEW DELHI: The Madhya Pradesh Government has received 10.29 lakh claim applications for compensation from the victims of the 1984 Bhopal Gas disaster, even though the population of the city was only eight lakh at that time, the Supreme Court
was informed.
Economy
No increase in FDI limits for telecom, aviation, plantation
THE Government has decided to drop the proposal to hike sectoral limits for foreign direct investment (FDI) in the telecommunication, civil aviation and plantation sectors in the near term.
NSSO, Plan panel face-off on poverty ratio estimates
CONFUSION persists over whether poverty in the country declined over the past five years to a little over 26 per cent from 36 per cent.
Proposed reforms in Budget pro-labour, says Shettigar
THE proposed labour reform measures in the Budget are pro-labour and meant for employment generation, says Dr Jagdish Shettigar, Convenor, Economic Affairs Committee (BJP) and Member of the Prime Minister's Advisory Council. Participating in an interacti
ve session on the Budget organised by the Calcutta Chamber of Commerce here on Sunday, he said these steps may be anti-trade union leaders.
Environment
`Waste-to-energy project unsuited'
CHENNAI: Toxics Link (TL), a network of environmental groups working on the issue of toxic pollution said that the waste-to-energy plant being set up at Perungudi near Chennai was both expensive and clearly not suited for the city's waste.
Foreign Trade
CII, USIBC to sign pact to improve business ties
A HIGH-LEVEL 18-member US-India Business Council (USIBC) delegation led by the US Ambassador, Mr Frank Wisner, Vice-Chairman of American International Group and Chairman, USIBC, would visit India between March 5 to March 7.
Information Technology
`Local laws not enough to protect copyright on Net'
DOMESTIC legislation alone is not adequate to check violation of copyright on the Internet unless there is a worldwide common discipline regimen to tackle the menace of violation of intellectual property rights.
TMG plans to go vernacular
TMG Enter, the Bangalore-based 24-hour technology channel, which recently became digital, has drawn up plans to make new offerings.
Zee in Tamil
The Union Minister for Law and Justice, Company Affairs and Shipping, Mr Arun Jaitley (left), and Zee Network Chairman, Mr Subhash Chandra, at the inaugural of Zee's Tamil channel, Bharathi, in Chennai on Sunday.
Infrastructure
NEDFi sanctions Rs 28.39 cr for projects in 7 States
THE North Eastern Development Finance Corporation Ltd (NEDFi), in its 20th Directors Committee meeting, sanctioned Rs 28.29 crore for projects spread over the seven North-eastern States. With this, the cumulative sanction of NEDFi to the Sates of the reg
ion from 1996-97 to February 28, 2001 rose to Rs 171.66 crore of which the lion's share was received by Assam - Rs 112.33 crore, followed by Meghalaya - Rs 20.82 crore, Arunachal Pradesh - Rs 12.09 crore, Nagaland - Rs 8.56 crore, Manipur - 7.10 crore, T
ripura Rs 6.58 crore and Mizoram - Rs 4.18 crore.
Quake-proof housing projects in Bengal
THE projects promoted by the West Bengal Hosuing Board (WBHB) have in-built mechanisms to resist medium intensity earthquakes, the State Housing Secretary, Mr R.N. Chowdhury, said.
Bengal expects good response for gem & jewellery park
THE West Bengal Government is expecting a good response from global and domestic players in the industry-specific parks for toys, gems and jewellery. The foundation for these two parks were laid by the Chief Minister, Mr Buddhadeb Bhattacharjee, recently
.
Mutual Funds
Budget proposals may hit some State PSUs in Kerala
WITHDRAWAL of surcharge bringing down the customs duty to 35 per cent is to compel the Kerala Minerals and Metals Ltd (KMML), the only producer of titanium dioxide pigment rutile grade in the country, to reduce the price level to that of the imported.
PSU
Govt drops SCI recast prior to divestment -- Pricewaterhouse recommendation spiked
THE Union Government is set to privatise the profit-making shipping major, Shipping Corporation of India (SCI) on an `as-is-where-is' basis, rejecting a business restructuring plan recommended by management consultants, PricewaterhouseCooper
s (PwC) to restructure the company into three independent entities before disinvestment.
Power
MSEB affair trying our patience: Enron -- Time for `lasting solution'
ENRON has said the MSEB affair is trying its patience and the situation cannot continue for too long.
Naidu denies charges on fuel allocation
THE Andhra Pradesh Chief Minister, Mr N Chandrababu Naidu, has said that the natural gas allocation to short gestation projects including Konaseema OakWell and Lanco Kondapalli, was based on expert committee recommendations and that there was no favourit
ism.
Cover for Raichur thermal units I,II
THE State-owned utility Karnataka Power Corporation has insured units one and two of the 210-MW Raichur Thermal Power stations on a replacement cost basis.
SSI
Ice plants in coastal Karnataka to shut shops, blame power tariff hike
THE struggle for survival of small entrepreneurial units and traditional industries continues, and now it is the turn of the Karnataka Coastal Ice Plant and Cold Storage Owners' Association to press the panic button.
States
Contributors for Gujarat earthquake relief
The list of contributors of Rs 2500 and above to the Gujarat earthquake relief.
Transport
A deserted Hussain Sagar junction
A deserted look of the Hussain Sagar junction in Hyderabad, which is one of the station identified for multimode transport system.
