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Centre announces package for textile units
NEW DELHI, SEPT. 9. The Central Government today announced packages of assistance for two major sectors of the textile industry — powerlooms and integrated textile units — as part of an exercise to revitalise the industry and help it ...
India wins dispute on GSP against EU
GENEVA, SEPT. 9. A World Trade Organisation dispute panel appears to have handed down a ruling, upholding India's complaint against the EU over its conditional preferences to countries selected by the EU, to reward them for combating drug ...
SBI to leverage network to become universal bank
CHENNAI, SEPT. 9. The Asset Reconstruction Company (ARC), jointly floated by SBI, IDBI, ICICI and HDFC, has identified 11 accounts for acquisition in the first tranche of NPA (non-performing assets) buying. The size of these assets put together ...
Interest on delayed tax payment hiked
NEW DELHI, SEPT. 9. The Union Finance Ministry has reduced the rate of interest payable and interest chargeable from assessees under the Income Tax, Wealth Tax and Expenditure Tax Act. Through an ordinance promulgated on Monday, it has been ...
Other Stories

  • Infosys signs $50 m contract with Telstra
  • New `Norton' suites take on enemies
  • Rupee hits new 3-year peak
  • Downward correction in Sensex
  • Malaysian State keen on expanding cooperation
  • DPC: Compensation for GE, Bechtel
  • Cos. to be permitted for concurrent listing


    Barometer
  • Exchange rates
  • Stock Market Index
  • Bullion rates


    Briefly
    Plea for rupee invoicing
    TIRUPUR: The Tirupur Exporters' Association (TEA) has appealed to the Central Government to initiate measures to stem the dollar-rupee disparity and to arrest the downward trend. In a memorandum to the Finance Minister, the president of the TEA, ...
    HDFC MF pays 15 p.c. on growth fund
    CHENNAI: HDFC Mutual Fund has declared a maiden dividend of Rs. 1.50 per unit under the dividend plan of HDFC Growth Fund. The dividend declared is tax-free. As at September 1, the cum-dividend NAV for HDFC Growth Fund was Rs. 13.071 per unit and ...
    Other Stories

  • Allianz Bajaj declares bonus
  • Ranbaxy unveils Cilenum



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