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VAT will not be inflationary, says Shome
NEW DELHI, FEB. 1.While allaying fears about VAT (Value Added Tax) turning out to be inflationary, the Government today expressed confidence that the new tax system will be introduced by all States from April 1. Further the Government would set ...
Basket full of Apples
BANGALORE, FEB. 1.Apple today announced availability in India of all the new releases two pieces of hardware and three software tools that were unveiled three weeks ago in the U.S. The new Mac mini PC the smallest ...
LG unveils 3G GSM handset
NEW DELHI, FEB. 1.Even as the telecom regulator's recommendations over spectrum for 3G mobile service are awaited, LG Electronics India today became the first vendor to introduce 3G mobile handsets in India anticipating that the service would be ...
Exports, M800 pull down Maruti sales
NEW DELHI, FEB. 1. Affected by decline in exports and demand for Maruti 800 model, the country's biggest carmaker Maruti Udyog today reported a 1.2 per cent drop in sales for January at 48,544 units against 49,141 units in the same month last ...
Uptrend halted on BSE
MUMBAI, FEB. 1. The Bombay Stock Exchange sensitive index snapped a four-session gaining streak and ended with a minor loss of 3.47 points at 6552.47 today as select blue chips slipped on profit taking at higher levels after a continuous rally in ...
Microsoft launches search engine
SEATTLE, FEB. 1.Microsoft Corp. is formally launching its new Internet search engine, several months after it debuted in test form. Beginning Tuesday, Microsoft's own search engine will permanently replace the Yahoo search technology that has ...
Glenmark in $70 m bond deal
HONG KONG, FEB. 1.Glenmark Pharmaceuticals has raised $70 million by issuing zero-coupon convertible bonds, a source close to the deal said on Tuesday. The two-tranche deal raised money for acquisitions and investments and funding new projects ...
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