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Monday, October 10, 2005


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Registered export houses may be allowed to import gold in 2 stages — Govt, RBI finalising new liberalised policy
IN what would be a huge step towards making India a `gold trading hub,' the Government and the Reserve Bank of India are giving the final touches to a major policy liberalisation initiative that would permit all registered export houses to ... More

Chidambaram hints at abolition of I-T on DEPB benefits
THE Finance Minister, Mr P. Chidambaram, has hinted that the income tax on profits on sale of duty entitlements could be abolished. "Your grievance about DEPB (Duty Entitlement Pass Book) will be addressed by a suitable amendment to the ... More

`One Dabhol power block to become operational in mid-2006'
ONLY days after Ratnagiri Gas and Power Pvt Ltd (RGPPL) took over physical possession of the Dabhol power project (erstwhile Enron-promoted), a high level team made a site visit on Sunday and pronounced that at least one `block' would be ... More

Escrow accounts yet to make mark in IT industry
AS a cautious investor, you always tried to ensure that your investments remain well protected against any future risk, be it while buying a car or property. So, should companies investing heavily in business critical software think any ... More

Gold shines as retail investment tool
The unprecedented surge in international oil prices and the weakness exhibited by the dollar have also converted gold as a principal tool of investment. More

Profitability of services cos getting dented?
IS competition whittling down profitability in the Indian IT services industry? Sustained pressure on billing rates; declines in revenue per employee and profits per employee; and increasing staff costs as a percentage of revenues seem to ... More

Indian audit system is `pathetic': Chidambaram
THE audit system in India is "pathetic", the Finance Minister, Mr P. Chidambaram, said today. Mr Chidambaram said this at a function held to release a book of articles written in Business Line by Mr B.S. Raghavan, former Chief Secretary ... More




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