CORPORATE
ANNOUNCEMENTS
Sutureless cataract surgery
Dr A P J Abdul Kalam, former President, inaugurated Stellaris MICS, a sophisticated machine developed by Bausch and Lomb, at Maxivision Laser Centre here on Friday. The Micro Incision Cataract Surgery allows the patients to go for sutureless ...
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NEW BUSINESS
Gearing orders
L&T has bagged orders worth Rs 1,057 crore in the power transmission and distribution space from West Asia. It had earlier this week, bagged its largest ever export order worth Rs 1,700 crore from Kuwait National Petroleum Company for the ...
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ESOPS
ESOPs from foreign cos brought under FBT net
New Delhi, Jan. 26Equity shares of foreign companies allotted to employees in their Indian subsidiaries through employee stock option plans (ESOPs) have now been brought under the fringe benefit tax (FBT) net.The Finance Ministry has ...
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Capital gains on ESOP shares
I was allotted 500 shares under employee stock option plan in December 2007. What will be the tax implications if I sell the same within 12 months? Can I claim exemption by reinvesting the proceeds in a property? — More
CORPORATE GOVERNANCE
LONG AND SHORT
A ‘fine’ example
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OUTLOOK
Maytas Infra to sign pacts for port, airport projects soon
Maytas Infra is close to signing concessional agreements for port and airport development projects in Andhra Pradesh and Karnataka.In a consortium with Nagarjuna Construction Company (NCC) and SREI Finance, Maytas Infra has been awarded ...
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