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Tuesday, July 10, 2007
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Captive BPOs of MNCs not liable to pay tax
Apex court ruling to benefit foreign companies

Retailers, real estate cos. challenge levy of service tax
NEW DELHI: Retailers, real estate developers and multiplex owners among others have moved the Bombay High Court challenging the levy of service tax on rental income from commercial properties. Pantaloon Retail, Trent, Aditya Birla ...

Rivals tried to scuttle deal: Sarin
NEW DELHI: Vodafone CEO Arun Sarin on Monday said he had “great respect” for India’s transparent and efficient regulatory mechanism, although he had on Saturday sought greater openness in the process for approving mergers and ...

TVS Motor introduces feature-rich Apache
The bike is priced at Rs. 58,584 ex-showroom, Delhi

Shareholder seeks Lodha’s removal
Birla Corp annual general meeting to be held on July 17

Other Stories



Briefly
Gas pricing presentation
NEW DELHI: Reliance Industries and the Oil and Natural Gas Corporation on Tuesday make separate presentation to the Committee of Secretaries (CoS) as producers on pricing of natural ...

DoT awards ILD licence to Tulip
NEW DELHI: Tulip IT Services on Monday said it had been awarded the International Long Distance licence by the Department of Telecom.

ICICI Bank joins Rs. one-trillion club
MUMBAI: ICICI Bank on Monday became the first bank to cross the Rs. one-trillion level in market valuation, on the back of recent listing of its 5.81 crore fresh equity shares. ...

IFCI gets new CEO
MUMBAI: Industrial Finance Corporation of India has appointed Atul Kumar Rai as the new CEO and Managing Director of the company.

Dishman to buy vitamin unit of Netherland Co.
MUMBAI: Dishman Pharmaceuticals and Chemicals on Monday said that it will acquire the fine chemicals, vitamin D and analogues business from the Netherlands-based Solvay Pharmaceuticals BV for an undisclosed amount. It has entered into a ...

AIEMA ties up with UN arm
CHENNAI: Ambattur Industrial Estate Manufacturers’ Association (AIEMA), an auto-component manufacturing cluster, has tied up with UNIDO (The United Nations Industrial Development Organisation) for a project for small and medium ...

BHEL’s innovative HR initiatives
NEW DELHI: Power equipment manufacturing giant Bharat Heavy Electricals Limited (BHEL) on Monday said it had managed to save Rs. 177 crore during 2006-07 due to the implementation of innovative human resource initiativesand improvement ...

ICICI Bank’s ‘Visa Signature Credit Card’
CHENNAI: ICICI Bank has launched ‘ICICI Bank Visa Signature Credit Card’ in India. This will be available only to a select few and will be priced. Card members can enjoy an exclusive range of offers and benefits worth over Rs. ...

Technology incubator at Welding Institute
TIRUCHI: The country’s first technology business incubator (TBI) focussing on welding technology is to come up soon at the Welding Research Institute (WRI) here at a cost of Rs. 4.57 crore. S. Manoharan, Project Coordinator, TBI, said ...

RCom launches NetConnect service
BANGALORE: Reliance Communications on Monday launched here the country’s first bundled offer of a free ‘data card’ to enable laptops Internet connected, with several post and pre-paid tariff plans. The basic offer is for a ...




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