Satyam shareholders rebuff Tech Mahindra's open offer
Mumbai (PTI): Shareholders of Satyam have rebuffed the open offer made by IT firm Tech Mahindra as only 4,20,915 shares, or 0.1 per cent stake, in the company were tendered in the offer.IT firm Tech Mahindra had proposed to acquire 198,658,498 ... More

LCD TVs to become cheaper; govt cuts duty on panels to 5 pc
New Delhi (PTI): Prices of thin flat screen televisions and monitors will come down as the government on Monday lowered the basic customs duty on LCD panels used in manufacturing of such electronic goods to five per cent from 10 per cent."The ... More

Additional excise duty on big cars cut
New Delhi (PTI): Bigger cars will be cheaper as the government on Monday reduced additional excise duty on those with engine capacities of 2,000cc and above by Rs 5,000 per unit.It also cut the duty of petrol-driven trucks to eight per cent from ... More