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Thursday, January 17, 2008
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EAC favours tax sops to spur growth
Council Chief Rangarajan hints at ‘some readjustment’ in various taxation slabs

TCS revenue crosses $4 b in April-Dec.
Net profit rises 24 p.c. to Rs. 1,179 crore in third quarter

Iran ready to open $22 b LNG deal
NEW DELHI: In a major breakthrough, Iran on Wednesday said that it was ready to re-open and negotiate the “till now frozen” $22 billion liquefied natural gas (LNG) deal signed with India in 2005 offering five million tonnes of LNG ...

Hindustan Sanitaryware enters organised retailing
NEW DELHI: Hindustan Sanitaryware and Industries on Wednesday unfolded it plans to enter the organised retail sector by investing Rs. 250 crore over the next five years to set up 50 stores. The business will be handled by Hindware Home Retail ...

Infosys BPO to clinch four deals
Starts legal process outsourcing

Other Stories



Barometer


Briefly
Apollo Tyres to set up unit in Hungary
NEW DELHI: Apollo Tyres on Wednesday said that it plans to set up a manufacturing facility in Hungary at an investment of 200 million euros to the European market as well as other countries, Apollo Tyres Chairman and Managing Director Onkar ...

Fine on telcos for telemarketing calls
NEW DELHI: The Telecom Regulatory Authority of India on Wednesday proposed to impose a fine of up to Rs. 20,000 on service providers for non-compliance of its directive regarding unsolicited tele-marketing calls and messages. ...

DSE to revive trading platform
NEW DELHI: The Delhi Stock Exchange on Wednesday said it planned to revive its trading platform by April 14 with special focus on small and medium enterprises. ...

Bank’s forecast on rupee-dollar rate
MUMBAI: The partially convertible Indian rupee may test a more-than-decade peak of 37 a dollar by the end of this year, driven by strong capital inflows, Royal Bank of Scotland said. ...

Single bank account for exporters
NEW DELHI: Exporters and importers will need to maintain only one bank account for their transactions with different government departments and agencies with the launch of ‘e-trade’ project from April. ...

PE firms approach GoAir to pick up stake
NEW DELHI: Wadias-promoted GoAir has been approached by various private equity players for acquisition of a minority stake, while valuing the low-cost private carrier at $400 million. ...

SabseBolo.com launched
MUMBAI: Hotmail co-founder Sabeer Bhatia has launched SabseBolo.com , a free conferencing facility, a few months after launching Live Documents, an online office application. ...

Pain management tablet from Dr. Reddy’s
HYDERABAD: Dr. Reddy’s Laboratories (DRL) has launched Supanac (Diclofenac potassium immediate release 50 mg tablets) in India. Supanac is in-licensed from Applied Pharma Research (APR), Switzerland, and is used for acute pain ...

JSW Steel buys mining concessions in Chile
CHENNAI: JSW Steel has announced the acquisition of eight concessions in a greenfield area for $52 million through its Netherlands-based wholly owned subsidiary for exploration and exploitation of magnesite iron ore deposits in Atacama, North ...

NIIT acquires equity stake in Evolv
GURGAON: NIIT has acquired a controlling interest in Evolv Management Services Pvt. Ltd. (Evolv), a leading provider of English language and communication training, headquartered in Noida. Evolv has over 100 employees and has a pan-India ...

J. Kumar Infraprojects to tap market
CHENNAI: J. Kumar Infraprojects Ltd., a civil engineering and infrastructure development company, is entering the capital market with an initial public offering of 65 lakh equity shares of Rs. 10 each for cash at a price to be decided through ...

Zen Tech’s turnaround performance in Q3
HYDERABAD: Zen Technologies, a leading training simulators company, has reported net sales of Rs. 4.63 crore during the third quarter ended December 31, 2007, against Rs. 48 lakh during the corresponding period in the previous fiscal. The net ...

Cathay Pacific to begin services to Chennai
NEW DELHI: Cathay Pacific Airways will increase its flights to and from India from February 29, adding more flights to its existing services to Delhi and Mumbai and launching a new destination, Chennai. The enhanced services will go up to 23 a ...

New Associate Vice-President for Servion
CHENNAI: Servion Global Solutions, a specialist in the customer interaction management (CIM) space, announced the appointment of K. Venkatrangam as Associate Vice-President (Finance and Administration). In this role, he will focus on ...




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