Search Results for: India

BY SWINEETHA DIAS WICKRAMANAYAKA
A REPORT by India’s petroleum ministry and consultants McKinsey & Co has said that to create an effective regulated monopoly in India transporting natural gas, the state-owned Gas Authority of India Ltd should be stripped of its marketing and petrochemicals roles.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SKECHERS – the Californian footwear brand promoted by pop icon Britney Spears – is launching two new lines in the Indian market, consolidating a patchy local portfolio: Skechers Retros, (trainers) and Skechers 4 Wheelers, (skateboard shoes). The brand has an exclusive distribution tie-up with speciality retailing store Planet Sports, in Delhi, Mumbai (Bombay), Pune, Hyderabad and elsewhere.…

BY KEITH NUTHALL
*A supermarket boom in sub-Saharan Africa is raising food production and distribution standards, which many small farmers cannot meet, said the UN’ Food and Agriculture Organisation (FAO). It called for the funding of cooperatives, micro-loans and training, especially in South Africa, Kenya, Zimbabwe, Zambia, Namibia, Botswana and Swaziland.…

BY KEITH NUTHALL
THE EUROPEAN Union is toasting a victory over India at the World Trade Organisation in the long-running bed-linen anti-dumping duties case; a disputes panel rejected India’s claims that the EU had failed to implement an order made last year by another panel that it should reform its protection against Indian linen.…

Keith Nuthall
EUROPEAN Union (EU) ministers have been asked to approve definitive anti-dumping and countervailing duties for Indian exports of polyester textured filament yarn into Europe, after European Commission investigations concluded that under-priced consignments were damaging EU producers.

Brussels has formally proposed that Indian exports are saddled with a 7.9% anti-dumping duty, with lower duties being levied on products from companies that cooperated with Commission inquiries into the problem.…

BY SWINEETHA DIAS WICKRAMANAYAKA
PEPSI Co India Holdings is reorganising its management structure, basing it on five regionally based markets: north, east, west, south and central. Said a Pepsi official: “The organisation structure in the market units is being reconfigured to reflect geographic continuity and tap new market opportunities.”…

BY KEITH NUTHALL
IT might seem a long way from South Hams District Council’s public tendering process to world trade negotiations in Geneva, but thanks to the globalisation process that upsets so many protesters with metal rods stuck through their noses, the two are actually closely related.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA AIRPORTS

INDIA’S Ministry of Civil Aviation has announced that the privatisation of the country’s four metro airports New Delhi, Mumbai (Bombay), Kolkata (Calcutta), and Chennai (Madras), should be completed by May 2003.

India’s civil aviation secretary, Mr K.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) is facing a mass attack on its sugar export subsidies at the World Trade Organisation (WTO). They have been formally challenged by both Australia and Brazil, with the Ivory Coast, Congo, Madagascar, Columbia, Canada, Kenya, Barbados, India, Zimbabwe, Malawi, Jamaica, Swaziland, Fiji, Guyana and Mauritius expected to line up behind them in support.…

BY KEITH NUTHALL
THE EUROPEAN Union’s (EU) anti-fraud unit OLAF has claimed that EU treasuries were cheated of Euro 6 million because of a rules of origin scam involving steel wire, which has now been uncovered.

In its 2001-2002 annual report on the fight against fraud in the EU, OLAF tells of inquiries into information provided by British customs officers about an apparent increase in trade between India and the United Arab Emirates in steel wire.…