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Monday, September 20, 1999

CLB may get powers to administer mergers & acquisitions, liquidation
The Department of Company Affairs (DCA) has proposed vesting the Company Law Board (CLB) with powers to hasten liquidation of insolvent companies and administer mergers and acquisitions of corporates.

India complains to WTO about unilateral trade restraints
India has conveyed to the World Trade Organisation its serious concern over what it calls the "unilateral" trade measures resorted to by stronger nations against weaker ones with the avowed objective of gaining market access.

Kerala's loose coconut oil sales adulterated
Despite their high rate of literacy and quality of life, consumers in Kerala get a raw deal from traders with a study conducted by the Coconut Development Board finding that 14% of the loose coconut oil sold in Kerala is adulterated.


Corporate Results


  Rupee turns convertible for cybershopping
  Executive Briefing
  Inventory-to-sales ratio of 50 firms falls to 16.31% in 1998
  Oberoi group, hotel body go to court over excise act
  Gujarat Electricity Board pays the price for faulty agreements
  DoT plans major expansion of basic network
  Icra ropes in 2 Moody's officials for investor-awareness seminars
  Better crop production predicted this year, says Cotton Corporation
  Asian cotton set to grab world yarn market
  Veg oil association signs MoU for futures trading
  Monsoon to withdraw leaving Gujarat deficient
  Freight rates to remain firm
  `Amend irrational policies to boost textiles exports'
  Economy outlook to boost chemical consumption
  Production of rough diamonds from Angola to rise sharply this quarter
  Oilmeal exports go down on low output
  Rajasthan consumers to pay more for milk
  IGEP plans to promote all leather products
  APEDA, Netherlands sign MoU for feasibility study on cold chain storages
  Indian shoe sector, a tiny tot in European markets
  Sugar traders want import duty hiked to 50%
  Easier norms to help peanut exporters
  Sounds of hope, discontent echo in Dusseldorf
  IOPEA call to prepare for WTO `open era'
  Good start for India at German footwear show
  Tea packaging -- Compatibility, distribution and marketing the right brew
  Irrigiation committee approves nine projects
  Entrepreneurs shy away from cold storage business
  Calcutta port -- A dull week for cargo handling
  Malaysia beefs up pepper exports, output
  Planters to discuss quality at Upasi meet
  Meeting to attract industry bigwigs



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