Business
Madurai to host CII buyer-seller meet
To initiate industrial developments in Madurai and other districts of Tamil Nadu, CII will hold a buyer-seller meet.
Tax setback for shipping and oil cos
Shipping cos will have to deduct tax at source for chartering ships, under the rule enforced by the Chennai bench of ITAT.
Nikkei slides 1.03 pc on global cues
Nikkei slid 1.03 pc, hit by concern the US Federal Reserve will continue to increase interest rates even as the economy slows.
RBI scraps minimum cash reserve level
RBI says due to amended RBI legislation the minimum pc of cash banks have to keep with central bank has been scrapped.
Bharti eyes $10bn revenue by FY11
According to available estimates, Bharti has a debt of Rs 4,147 crore. The company operates in 23 circles with a pan India footprint.
Hutchison group ups stake in India
Hutchison Ltd has bought an additional 5.11 per cent stake in its Indian GSM mobile business amounting to at least $550 mn.
States confront Centre on fuel tax cut
Empowered Committee of state finance ministers on VAT ask the Fin Min if it is considering any excise cut on fuel.
DoT seeks GSM details from Reliance
As a part of switch over plan, Reliance may have to vacate part of CDMA spectrum in order to get GSM spectrum.
Mittal’s bid battle not Indian issue: FM
Finance Minister P Chidambaram said the bid for Arcelor, by steel tycoon L N Mittal, was not an India-specific issue.
Private banks racing ahead of PSUs
Public sector banks are fast losing the dominant position they had in the fee income space.
Pharma firms get outsourcing pill
Pharma Research and Development (R&D) is about to become the next big thing in the offshore services market in India.
RIL to ink deal for India's largest SEZ
Mukesh Ambani will sign a deal with the Haryana govt for the multi-product project SEZ, spread over 25,000 acres.
Sensex rebound, closes above 9,500
It was a turnaround session for the markets as it reversed the losses made during the previous trading session.
Sensex closes below 10k, down 3 pc
In extremely volatile trading, BSE sensitive equity index crashed below 10,000 mark before staging partial recovery.
Left, BJP fume over fuel hike, plan stir
BJP announced protests and nationwide road blockades on Wednesday as part of its agitation programme against the hike.
New tax form to capture expenditure
The govt issued new Income Tax Return Form that attempts to capture the expenditure of an individual alongwith his income.