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Thursday, February 09, 2006

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Reliance-ADAG unveils listing schedule
The demerger will enhance shareholder value

SMERA, Citicorp tie up for SME financing
Citigroup picks up 5 p.c. stake in SMERA

Tax collections up 20 p.c. in Apr.-Jan.
FBT, Banking Cash Transaction tax and Stock Transaction tax fetch Rs. 4,922 cr.

CSS Group gets $22.5 m funding
SAIF Partners picks up equity

India signs DTA pact with Serbia
Moderate taxes on certain categories of income

Other Stories


Announcement of SEZ rules today
NEW DELHI: The long-awaited Special Economic Zone Rules and regulations will be announced by Commerce Minister Kamal Nath on Thursday. ...

India, Russia to convert rupee debt
MOSCOW: India and Russia have agreed to utilise $1 billion worth rupee debt for distribution among public and private sector companies for investment in the South Asian nation, with a lock in period of five years. This was revealed by Russian ...

Report on fuel pricing on Feb. 14
NEW DELHI: The C. Rangarajan Committee, appointed by the Prime Minister to suggest a fuel pricing policy, is likely to recommend a combination of marginal increase in fuel prices and duty cuts in its final report to be submitted on February 14. ...

HC stays formation of Tax Tribunal
MUMBAI: The Bombay High Court on Wednesday stayed, till four weeks, the formation of the National Tax Tribunal, assigned to hear appeal matters concerning the departments of income-tax, Central excise and gold control. ...

Due date extended
NEW DELHI: The CBDT has extended the due date of filing of quarterly return of payment of interest to residents without deduction of tax at source (Form No. 26QA) under sub-section 1 of Sec. 206A of the Income-tax Act, 1961, for the quarters ...

South Indian Bank price band Rs. 60-66
CHENNAI: The South Indian Bank Ltd. has fixed a price band of Rs. 60-66 for the follow-on public offer that is set to open on Friday. The bank proposes to raise Rs. 150 crore through the book-building route. The follow-on issue is to beef up the ...

Gitanjali Gems IPO on February 16
MUMBAI: Diamond and jewellery manufacturing company, Gitanjali Gems Ltd, has fixed a price band of Rs. 170-195 per share for its public issue of 1.7 crore equity shares of Rs. 10 each. The issue will open on February 16 and close on February ...

Cambil acquires Theme Master
BANGALORE: Cambil Software has acquired Theme Master in order to tap the niche market in the search engine optimisation (SEO) space. Theme Master was designed by SEO expert Michael Marshall in order to help customer companies propel their ...

TNT launches domestic express services
CHENNAI: TNT, the global provider of mail, express and logistics services, has announced its domestic foray in India. According to a release, the expansion plan in India is in line with the global strategy of focusing on building quality networks ...

AFC to start non-financial services
MUMBAI: The Managing Director of Agricultural Finance Corporation Ltd. (AFC), A. K. Garg, said in a release that the corporation proposed to start non-financial services to support and strengthen self-help groups (SHGs) at ground level and also ...

New ED for Central Bank of India
CHENNAI: K. Subbaraman took charge as Executive Director of Central Bank of India on February 2. According to a bank release, Mr. Subbaraman joined Bank of India after graduating in engineering and acquiring post-graduate diploma in Industrial ...

Manoharan to head ICAI
CHENNAI: At a meeting of the Council of the Institute of Chartered Accountants of India (ICAI) held in New Delhi, T. N. Manoharan, FCA, Chennai, and Sunil Talati, FCA, Ahmedabad, have been elected President and Vice-President, respectively, for ...

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