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Wednesday, March 16, 2005
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G-20 to devise strategy for farm trade talks
NEW DELHI, MARCH 15.The Group of 20 developing countries will hold their first major conclave since last year here on March 18 and 19 to finalise their strategy on critical agriculture issues for the on-going negotiations in the World Trade ...

Panel for revising drawback rates
NEW DELHI, MARCH 15.The Union Government has set up a committee headed by Saumitra Chaudhuri, Member, Economic Advisory Council to the Prime Minister, to formulate the all-industry rates of duty drawback for the new fiscal. The committee is to ...

Garment exporters demand value-based rebate
NEW DELHI, MARCH 15.The Apparel Export Promotion Council (AEPC) today called upon the Finance Ministry to immediately restore value-based duty drawback policy for garment exports and said the "the logic-defying'' weight-based policy introduced ...

Slippages in six Central projects
NEW DELHI, MARCH 15.Six Central projects, each estimated to cost over Rs. 100 crores, continue to remain in the high slippage bracket, according to the latest flash report of the Ministry of Statistics and Programme Implementation. Of these ...

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Briefly
Glaxo to buy back shares
MUMBAI, MARCH 15.GlaxoSmithKline Pharmaceuticals plans to buy back its shares at a price up to Rs. 800 per share to raise promoters' holding and improve shareholder value. The board has approved the buyback of its equity shares worth up to Rs. ...

Janssen Pharma's India plans
NEW DELHI, MARCH 15.Janssen Pharmaceutica, the pharmaceutical group of Johnson & Johnson, today said it was looking at options to set up R&D laboratories and manufacturing facilities in India. "We are not only looking at the commercial aspect of

L&T bags ONGC order
MUMBAI, MARCH 15.Larsen & Toubro has bagged a Rs. 186-crore order for revamp and reconstruction of SH process platform complex in the Mumbai High south field of the Oil and Natural Gas Corporation (ONGC). — ...

Novantus launches Worldtrader
COIMBATORE: Novantus Corporation recently launched here Novantus Worldtrader, a business portal. Novantus India is a subsidiary of Novantus Corporation of the U.S. It provides web-based enterprise resource planning and customer relationship ...

EEPC award for CRI Pumps
COIMBATORE: CRI Pumps has won the Engineering Export Promotion Council (EEPC) export award for the highest export performance in pumps (Southern Region) for 2002-03. The capacity of the company has crossed six lakh pumps a year, with 800 ...

South Indian Bank moves to new premises
COIMBATORE: The new premises and ATM of the Gandhipuram branch of South Indian Bank here will be inaugurated on March 16 at CKN Building, 100 Feet Road. The branch started functioning at the new premises from March ...

Weather insurance deal
CHENNAI: ICICI Lombard General Insurance has structured a weather insurance deal in the non-agriculture domain, providing insurance cover to GHCL for the expected loss of salt production due to unseasonal rainfall at its Nagapattinam salt ...

Satyam's web-based system for Singapore firm
CHENNAI: Satyam Computer Services has announced the successful implementation of a web-based geographical information system (GIS) for land management, planning and marketing for Singapore-based industrial development company, JTC Corporation. ...



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