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Friday, May 04, 2007
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Chidambaram scraps dual excise on cement
Indirect tax sops announced; FBT on stock options stays More

Chidambaram says inflation will be moderated
Govt, RBI taking measures on fiscal and monetary side More

12% ad valorem duty on cement selling above Rs 190 a bag
Dual excise duty structure dropped More

Cabinet okays airport regulator Bill
The Union Cabinet on Thursday gave its nod for the proposed Airport Economic Regulatory Authority (AERA) Bill, which seeks to create a level playing field and foster healthy competition among all airports within the country. The Bill will now ... More

Wockhardt buys French firm Negma for Rs 1,091 cr
Wockhardt Ltd has acquired the Paris-based Negma Laboratories in an all-cash deal worth $265 million or Rs 1,091 crore. This is its fifth acquisition in Europe. The acquisition strengthens Wockhardt's presence in Europe, pushing the region's ... More

HDFC Q4 net up 29% on higher loan disbursements
To pay Rs 22 per share; full-year profit surges 25% More

`US slowdown can result in greater outsourcing of jobs'
One of the hotly debated issues in investment and business circles is the reported slowdown in the US economy and its impact on the Indian economy, given the fact that the US is India's largest trading partner. Dr Shanto Ghosh, Director and ... More

IBM working on life-changing innovations
Researchers at IBM have provided insight into five innovations that have the potential to change the way we live within the next five years. Titled `IBM Next Five in Five', these innovations cover areas such as remote access for better ... More

DoT bars pvt operators from carrying intra-circle calls
At a time when competition is being seen as the driver for growth of telecom sector, the Department of Telecom has barred private national long distance operators from carrying intra-circle telephone calls meant for the Government-owned BSNL's ... More

Direct procurement of rough diamonds gathers pace
Trims down dependence on De Beers; imports over $15 m More

Nokia Siemens unveils rural low-cost solution
In a bid to garner a larger share of the rural market in India, Nokia Siemens on Thursday launched a new low-cost wireless communication solution that could enable operators to offer mobile services for as low as $3 a month. The company is also ... More

Vegoil prices may shoot up further
As growing demand is estimated to outpace supply More

Futures not behind rise in commodity prices: MCX official
`Demand, supply behind inflation' More

Mid & small-cap stocks shine on long-term hopes
Cos with quality management and market liquidity are in focus More

Modi Revlon tailors dye for Indian manes
Eyes 10 per cent market share in the first year More

Customer service — taking the call
Behind the pleasant experience that Mr Paul had, lay a determined effort by SBI to win back younger customers from its rampaging private sector counterparts. More

Visa powerless
Highly skilled workers from India find their American Dream tangled in a web of inscrutable immigration laws. More


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