The Hindu Business Line : Wednesday, September 04, 2002

Dividend, tax relief for US-64 — Bail-out unlikely to raise Govt borrowing
THE Government has decided to allow UTI-I to pass on any dividend received from corporates in which it has investments to US-64 unitholders. The unitholders, in turn, will be exempt from paying dividend tax. It also proposed a capital gains tax ... More

Omar Abdullah says he is `quietly' confident
WITH the Hurriyat opting out of the polls, the Jammu and Kashmir unit of the BJP riddled with factionalism and the Congress (I) not exactly emerging as the saviours of the Kashmir cause, the National Conference under the leadership of Minister of ... More

PM gets into huddle with Ministers
DIVERGENT views expressed by several Cabinet Ministers on the NDA Government's disinvestment policy came up for discussions at a high-level meeting convened here today by the Prime Minister, Mr Atal Bihari Vajpayee, ahead of the crucial meeting ... More

UK alters norms on infotech work permits
A change in work permit arrangements for overseas IT workers from Monday (September 2) has made it mandatory for UK companies to advertise all IT posts at home before considering overseas applications, according to a press release from the ... More

Look who turned up for beer party
IT turned out to be a party that surprised the host! Last Wednesday, the UB group Chairman, Mr Vijay Mallya, walked late into a Shaw Wallace party to promote Haywards 2000 beer at the J W Marriot hotel in Juhu, Mumbai. Shaw Wallace says no invite ... More

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