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Suggestion to bring transport under service tax net
NEW DELHI, JUNE 23.A strong political will to rope in the entire goods transport sector into the service tax net is likely to help the Manmohan Singh Government to implement the socio-political objectives of the Common Minimum Programme (CMP) to ...
Upward correction in rupee
MUMBAI, JUNE 23. The rupee rallied smartly against the U.S. currency today, notching up a handsome recovery of 50 paise to close at 45.74/76 a dollar, backed by strong exporter dollar sales in volatile trading at the interbank foreign exchange ...
TRAI bid to solve interconnect user charges conundrum
NEW DELHI, JUNE 23.The Telecom Regulatory Authority of India is making its third attempt in less than two years to simplify the manner in which interconnect user charges (IUC) are calculated. A key component of IUC is the access deficit charge ...
Barclay brothers buy out Daily Telegraph
LONDON, JUNE 23. One of Britain's oldest right-wing newspapers, The Daily Telegraph, has been sold for £665 million to the billionaire Barclay brothers who already own a string of newspapers in Scotland, besides owning ...
Other Stories
Sensex drops 92 points
eBay to buy Baazee.com in $50 m deal
Enercon's wind energy project
LIC Housing disbursements cross Rs. 4,100 cr.
Cybernet to hive off division
Association for Indo-Dutch cooperation
Draft proposal for unified licensing
Barometer
Bullion rates
Exchange rates
Briefly
Sunil Synchem files draft prospectus
NEW DELHI, JUNE 23. Sunil Synchem Ltd today filed the draft prospectus with the Securities and Exchange Board of India (SEBI) for its proposed public issue of 25 lakh equity shares of Rs. 10 each. The shares would be available at a premium of Rs. ...
Ranbaxy gets $4 m from German firm
NEW DELHI, JUNE 23. Ranbaxy Laboratories Ltd today said it had received $4 million from German pharma company Schwarz Pharma AG for further progress on the development of RBx 2258 molecule. Ranbaxy is developing the molecule RBx 2258 for ...
Notice served
NEW DELHI, JUNE 23.Ranbaxy Laboratories today said its wholly-owned subsidiary in the U.K. had been slapped with a claim notification from Secretary of Health in connection with the sale and supply of ulcer drug Ranitidine. The company said ...
SIEMA seeks reduction in power cost
COIMBATORE: The Southern India Engineering Manufacturers' Association has sought reduction in electricity tariff for the manufacturing sector. In a memorandum to the State government, the association President, G. Rajendran, said in order to ...
Coimbatore Custom House meeting
COIMBATORE: The Coimbatore Custom House and Steamer Agents' Association organised a meeting here on June 18 for explaining to its members the steps taken by it for the growth of exim trade here and in places like Tirupur. According to a release, ...
Broiler prices expected to remain high
COIMBATORE: The farm gate price of broiler in the district is expected to range around Rs. 30 a kg for the next one month as the demand has gone up. The President of the Broiler Co-ordination Committee, R. Lakshmanan, said since April broiler ...
LKB ties up with Arabian Exchange
NEW DELHI: Lord Krishna Bank on Wednesday announced a tie-up with Arabian Exchange Company to enable NRIs based in Qatar to remit money quickly and at minimal cost. The bank also plans to tie-up with Al Ansari Exchange and UAE Exchange in Abu ...
Nippon Shinko implements Flexcube
MUMBAI: i-flex solutions said on Wednesday that Nippon Shinko Bank had implemented Flexcube, its end-to-end application suite, for the financial services sector. The bank had selected i-flex's suite in October 2003, the company informed Bombay ...
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