Cement
Cement producers for specific excise duty
THE domestic cement industry, represented by the Cement Manufacturers' Association (CMA), has reiterated its plea to continue with the system of levying excise duty on cement on specific basis.

Miscellaneous
Industrial gases producers upbeat
INDUSTRIAL gases manufacturers are expecting a significant growth in their applications during the next few years with the expected upturn in the industrial performance of the country.

`Bearings industry likely to see more polarisation'
THE bearings industry, both abroad and in India, will see more `polarisation' in the next two years, in order to be a significant player in a scenario where mergers would be the order of the day in the user industry, according to Mr. J.R. Patel, Vice-Cha irman and Managing Director of FAG Bearings India Ltd.

Mutual Funds
MFs and Gulf NRIs: Made for each other?
INDIAN mutual funds have received a very positive response from Gulf NRIs, resulting in many companies heading to the Gulf states to promote their products and cash in on the new found confidence among overseas investors.

Power
PPN signs MoU with BPAmoco for DME
PPN Power Generation Co. Unit II Pvt. Ltd has signed an MoU with BPAmoco for using Di-Methyl Ether (DME) for its proposed 300 MW power plant at Pillaiperumalnallur in Tamil Nadu.

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