Online edition of India's National Newspaper
Friday, July 14, 2006
Online edition of India's National Newspaper Friday, July 14, 2006 |
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Duty drawback rates increased Service tax, education cess covered 
Centre wants inputs for easier tax regimePanel on service tax to submit report in August 
Sensex drops 72 pointsMUMBAI: The upbeat mood over earnings season was shortlived as investors on Thursday turned cautious ahead of the Bank of Japan (BoJ) meeting, pulling down the Bombay Stock Exchange benchmark Sensex by 72 points to 10858.50. Asian markets ... Drug industry opposes new draft policy Apex bodies concerned over emergence of spurious drugs Other Stories
Barometer Briefly Some services of CAs get tax exemption NEW DELHI: Chartered accountants, cost accountants, company secretaries have been exempted from services tax for certain services related to representation of clients before any statutory authority. All other services rendered by them would ... PAN a 'must' for cash transactions in market MUMBAI: The Securities and Exchange Board of India on Thursday asked all stock exchanges to make permanent account number (PAN) mandatory for all the entities/persons trading in the cash market with effect from October. ... SEBI hikes registration fees for FIIs MUMBAI: SEBI on Thursday revised the registration fees for foreign institutional investors (FIIs) to $10,000 from $5,000 from June 26. It also revised the registration validity period for FIIs from five years to three years and the registration ... Qualcomm may decide on chipset price cut NEW DELHI: Faced with the possibility of a declining market share, CDMA technology inventor Qualcomm is likely take up the issue of chipset price reduction for Indian market at its forthcoming board meeting on July 19. ... TDSAT to send case list through SMS NEW DELHI: The Telecom Disputes Settlement and Appellate Tribunal is in the process of implementing a "Mobile Alert System'' to inform litigants and lawyers about their cases through the Short Messaging Service (SMS). ... Jet revises free baggage allowance for students NEW DELHI: Jet Airways has revised its free baggage allowance for students travelling to London from India between July 1 and September 30, 2006. Students can now avail themselves of 46 kg total free baggage allowance against the existing 40 kg. ... iGate Global Solutions net dips CHENNAI: : iGate Global Solutions has posted a net loss of Rs. 3.51 crore for the first quarter ended June 30, 2006, against a net profit of Rs. 1.24 crore in the year-ago period. Its total income has risen to Rs. 163.85 crore from Rs. 117.38 ... Mantri extends operations to Chennai, Hyderabad HYDERABAD: The Bangalore-based builder, Mantri Developers has announced operations in Chennai and Hyderabad to coincide with its seven years of operations. In a release, company Managing Director, Sushil Mantri, said the company had delivered ... 24/7 Customer to integrate LivePerson's platform CHENNAI: 24/7 Customer, a provider of online conversion solutions, will integrate LivePerson's, a comprehensive Timpani platform with its customer lifecycle management framework to support and manage all online customer interactions. This ... Calsoft bags order to implement trading solution CHENNAI: California Software Company has bagged an order to implement its trading and supply chain software solution for Ocean Energy FZE, a Dubai-based oil trading major. According to J. K. Nair, Chief Operating Officer, Calsoft, the software ... Sundaram Infotech gets ISO certification CHENNAI: : Sundaram Infotech Solutions, the IT services arm of Sundaram Finance, has been awarded ISO 27001 certification, which is a global certification for professional management of data. It is valid for three ... Aztecsoft's first quarter net up 26 p.c. BANGALORE: Aztec Software and Technology Services (Aztecsoft) posted a consolidated revenue of Rs. 59.48 crore in the first quarter ended June 30, 2006, against Rs. 42.28 crore in the corresponding quarter of the previous year, a growth of 41 ... Scandent inks MoU with Cushman and Wakefield BANGALORE: : Scandent Solutions Corporation has signed a memorandum of understanding (MoU) with Cushman & Wakefield and its subsidiary, BIGeRealEstate (BigE), to jointly develop a new generation technology platform for real estate management. The Springer launches eBook program BANGALORE: In a major boost to scientific research in India, a comprehensive digitised book collection has been launched by Springer Science+ Business Media ( www.springer.com ), one of the world's largest publisher of scientific, technical ... Southern Investments' week-long special offer KOZHIKODE: Southern Investments, a leading property developer, has introduced a week-long special offer for its customers, " Si Suprize Week", in Kozhikode city. Mayor M. Bhaskaran will inaugurate the programme at the first floor of Cross Winds ... IndiGo's Delhi-Guwahati service to begin on Aug. 4 NEW DELHI: IndiGo, India's newest low-fare carrier promoted by InterGlobe Enterprises, on Thursday opened for sale its non-stop daily service between Delhi and Guwahati, with the same-aircraft continuation to Imphal. The service will begin on ... Malaysia Airlines offers discount scheme NEW DELHI: Malaysia Airlines on Thursday said it will offer return tickets to Kuala Lumpur at Rs. 10,300 under a discount scheme. The special discount scheme, online monsoon airfare, would be applicable on the airlines' all five sectors in ... Meridian Mobile launches `Fly' brand HYDERABAD: : Meridian Mobile, part of the U.K.-based group that pioneered fast moving consumer goods in Europe, has launched `Fly', its flagship brand for Global System for Mobile Communications (GSM) phones here on Thursday. Targeted at the ... 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