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Tuesday, June 21, 2011
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Sensex tumbles 364 points to 17507
Reports of likely revamp of tax treaty with Mauritius result in panic selling
Shyamala Gopinath retires
MUMBAI: Deputy Governor of Reserve Bank of India Shyamala Gopinath on Monday retired from the Mint Road office after 39 years of service. “In my 39 years of life at RBI, never ever I felt that I should be treated differently for ...
Govt bid to soothe investors on Mauritius tax treaty
NEW DELHI: Amidst panic in stock markets over reports of bringing Mauritius inflows under the tax net, the Central Government on Monday sought to calm the market sentiment stating it ‘cannot impose arbitrarily' capital gains levy on such ...
Citigroup posts 78 % rise in profit in India
MUMBAI: American banking major Citigroup on Monday reported a 78 per cent jump in its profit after tax at Rs.1,859 crore in 2010-11 from its operations in India. The jump in profit came on the back of improvement in all key ratios, ...
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