Service tax: MFs seek to hike loads
ASSET management companies are lobbying with the Securities and Exchange Board of India to let them charge service tax to investors over and above expenses. If allowed, it would mean higher entry and exit loads on mutual fund schemes. A top ...
Ashok Leyland ships 200 trucks to Iraq
AT the Mumbai port today, 200 Ashok Leyland trucks, `Cargo 912' were loaded aboard the M V Rose, heading towards Umm Qaser Port, Iraq. This is the first shipment of the order that Ashok Leyland received for commercial vehicles for Iraq. The ...
IIM fee cut `is no interference'
Govt ready to fill any gap: Sanjay Paswan
THE drastic cut in the annual fee for the post-graduate programmes in the Indian Institutes of Managements (IIMs) is not an interference in the autonomy of these institutions, according to the Union Minister of State for Human Resources ...
IIM fee slash a retrograde step: Murthy
"IT is a retrograde step, a momentous decision taken without analysis," said Mr N.R. Narayana Murthy, Chairman and Chief Mentor, Infosys, of the recent fee slash for IIMs. In his opinion, nobody should come in the way of these institutes of ...
Ban on tobacco product ads to take effect from May 1
IT'S official now. Come May 1, and the total ban on advertising of cigarettes and tobacco products will come into effect. From the same day smoking in public places and sale of cigarettes and other tobacco products to minors would become an ...
Meet on carbonated drinks' safety norms
In the wake of the report submitted by the Joint Parliamentary Committee (JPC) on pesticides in colas, an emergency meeting of the Central Council of Food Standards (CCFS) will take place on February 13 to finalise the draft regulations on safety ...
Coke in talks with NeST to hand over Kerala plant operations
COCA-Cola India may have finally found some recourse for its controversy-ridden bottling plant in Kerala. According to industry sources, the soft drink major is in talks with the Rs 500-crore Kerala-based NeST Group to hand over operations of ...
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