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Tuesday, October 12, 2004

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    No more duty cuts to check inflation
    NEW DELHI, OCT. 11. With inflation coming down for two consecutive weeks, the Union Finance Ministry today indicated that there would not be any more duty cuts to check inflation. In August, when the inflation rate started soaring, the Ministry ...

    Prize winning theory on government policies
    STOCKHOLM, (SWEDEN), OCT. 11. Norwegian Finn E. Kydland and American Edward C. Prescott received the 2004 Nobel Memorial Prize in Economic Sciences on Monday for shedding light on how government policies and actions affect economies worldwide. ...

    Federal Bank holds board meeting
    KOCHI, OCT. 11. The Kerala-based Federal Bank today convened its director board meeting here for the first time after the crucial annual general meeting of September 27. Describing the meeting, held after receiving the Kerala High Court's ...

    IBM launches smallest PC
    NEW DELHI, OCT. 11. IBM today launched the world's smallest full functional desktop computer in India within weeks of its worldwide launch to increase its share of the commercial PC market. "We at present have 12.5 per cent share of the ...

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    Vidya Chhabria in Fortune list
    NEW DELHI, OCT. 11.Vidya Chhabria, chairperson of the Jumbo group, is the only Indian to be listed as the 50 most powerful women in business internationally by Fortune magazine in its latest issue. Ranked at 38th position, Ms. Chhabria has ...

    Vanishing companies
    NEW DELHI, OCT. 11.The Union Government has set up a monitoring committee to pursue cases against fly-by-night companies and has involved the Reserve Bank of India and the Securities and Exchange Board of India in the process. The committee will ...

    Kotak Life premium income
    MUMBAI, OCT. 11.Kotak Mahindra Old Mutual Life Insurance (Kotak Life Insurance) today stated that its half yearly premium income for the current fiscal is Rs. 49.55 crores. The company also garnered a sum assured of Rs. 2,911.86 crores. Kotak ...

    Programme on energy management
    COIMBATORE: The Confederation of Indian Industry (CII), Coimbatore, will organise a training programme on "energy management in textiles industry" here on October 14. The objectives of the programme are to disseminate the latest techniques and ...

    Session on IT for Indian textiles
    COIMBATORE: Infinite Computer Solutions and its partner, Datatex, jointly organised a seminar here on the benefits of adopting information technology in the textile sector. Presentations were made on the opportunities for the textile sector in ...

    Auto spare part dealers flays VAT
    COIMBATORE: The Federation of All India Auto Spare Parts Dealers Association (FAIASPDA) has strongly objected to the levy of 12.5 per cent tax on auto spare parts under the new value added tax (VAT) system of "Revenue neutral rate" to be ...

    Indian Knit Fair awards
    COIMBATORE: Kaytee Corporation Private Limited, Tubeknit Fashions Limited and RBR Garments won the "Best exhibitor" awards at the 19th edition of Indian Knit Fair (Autumn/Winter, Mid-Summer Collection 2005) at Tirupur that concluded recently. The ...

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