Search Results for: India

BY SWINEETHA DIAS WICKRAMANAYAKA
MANY paper mills in India processing waste paper into recycled stationary are facing closure, the All-India Small Paper Mills’ Association is claiming. It says about 300 small mills are at risk, because they are failing to compete with overseas players on cost and quality grounds.…

BY MARK ROWE
THE CHAIRMAN of General Motors China has warned that neighbouring south-east Asia’s home grown car industry will in future find itself squeezed by stiff competition from the emerging giant next door. China’s expanding middle class, robust economic growth and low rates of vehicle ownership means that car makers in south-east Asian countries such as Thailand will be hard pressed to compete in the growing Chinese market, according to Phil Murtaugh, chairman of General Motors China.…

BY SWINEETHA DIAS WICKRAMANAYAKA
BOSS Profiles Ltd, of India, a ceramic architectural products manufacturer in Pondicherry will launch a range of architectural ceramic products based on international patents. Boss said its existing IND Rupees 6.2 millions factory could manufacture 1.5 million square metres of product, to be expanded to 6.75 million square metres in five years.…

BY SWINEETHA DIAS WICKRAMANAYAKA
MINERAL processing is set to resume in earnest at the Pulmoddai beach mine in northern Sri Lanka, because the ceasefire between the island’s government and the Tamil Tiger separatists has removed the threat of violent disruption to its operations.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
THE WORK of chartered accountants in India will next year be checked against the standards of their national professional organisation; the Institute of Chartered Accountants of India (ICAI) has launched a “peer review” of its members, to help “firms in their quest for enhancement of the quality of work.”…

KEITH NUTHALL
TALKS held between the USA and India over a complaint regarding American rules of origin legislation have failed, with New Delhi formally requesting that a World Trade Organisation disputes panel is established to settle the row; the Indian government claims that they unfairly favour the US and European Union textile industries.New…

BY KEITH NUTHALL
INDIA is streamlining its export procedures to make it easier for food traders to sell their products abroad, such as an uniform commodity classification.…

KEITH NUTHALL
INDIA has formally requested the creation of a disputes panel at the World Trade Organisation, which is has asked to rule that the EU broke global trading rules when reimposing anti-dumping duties on Indian exports of cotton-type bed linen.…

BY SWINEETHA DIAS WICKRAMANAYAKA
ESTABLISHED airport operators, including those of Zurich, Frankfurt, Malaysia, Singapore Changi and Copenhagen, have participated in road-shows in New Delhi and London held to attract interest in Indian government plans to lease the management of its four large metropolitan airports in New Delhi, Madras (Chennai), Bombay (Mumbai) and Calcutta, (Kolkata).…

BY SWINEETHA DIAS WICKRAMANAYAKA
TOTALFINAELF is talking to Exxon Mobil about buying its Indian LPG business, boosting its India sales volumes by 50 per cent. TotalFinaElf would take over the 60 LPG dealerships held by Mobil Peeves, Exxon’s joint venture with an NRI, of Kerala.…