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SC allows NTC mills, buyers to submit development plans
THE Supreme Court today permitted five NTC Mills and developers, who had purchased land belonging to these mills in Mumbai, to submit development plans to the authorities concerned for approval and for seeking environmental clearance. A Bench ...
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Stocks rise on hopes of realty development
MUMBAI: Stock prices of companies having huge property for real estate development rose during Wednesday's trading following the Supreme Court order. Stock price of several companies, which have huge land that could be used for ...
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Panel asks Govt not to tax ECS payments by companies
THE Parliamentary Standing Committee on Finance has suggested that the Government should make it clear in unambiguous terms in the income-tax framework that payments made by businesses through the electronic clearance systems (ECS) should be a ...
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WTO meet: Stalemate on farm, export subsidies continues
India, whose statements have come to symbolise the stand of the developing countries, struck to its position that any discussion on Non-Agricultural Market Access (industrial tariff) was not possible without firm commitments from the developed countr ies on the farm and export subsidies.
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Indian Hotels buys Sydney's W Hotel for $27 million
THE Indian Hotels Company Ltd (IHCL), which runs the Taj group, has bought a property in Sydney for $27 million (about Rs 123 crore) from Harilela Group of Hong Kong, the company said on Wednesday. The acquisition of the 100-room property ...
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Adobe forms new biz unit in India
ADOBE Systems on Wednesday announced it would add 300 professionals in 2006, half of them in a business unit in India, which would be responsible for drawing out global strategies for Print and Classic Publishing products range. Adobe Systems ...
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Raman Roy, Lankan co join to tap BPO opportunity
THE Sri Lanka-based diversified group, John Keells Holdings Ltd (JKH), and Raman Roy and Associates (RRA) today announced a joint venture to develop a BPO business in the Asian region, initially focusing on India and Sri Lanka, with an investment ...
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E&Y evolves auditing standard for services companies
SAS 70 is a standard that offers information about controls at a service organisation.
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`Low' in southeast Bay set to intensify
Given the limitations in which an easterly wave operated, the Bay system is not expected to intensify beyond the status of a well-marked `low'
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