Sunday, May 29, 2011

Govt bid to put figure to black money

Govt bid to put figure to black money


Govt bid to put figure to black money

Posted: 29 May 2011 06:15 PM PDT

The government has commissioned a study to be undertaken by three top economic think tanks to estimate the extent of black money or unaccounted income generated both within and outside the country, a finance ministry statement said on Sunday.


Actis in talks to re-enter Jyothy after Henkel buy

Posted: 29 May 2011 11:11 AM PDT

Actis, the UK private equity giant, has made a direct call to the promoters of Jyothy Laboratories to re-enter the FMCG firm, which recently acquired Henkel India.


Gourmet, the next big biz platter in India

Posted: 29 May 2011 11:09 AM PDT

When it comes to premium gourmet food, young adults now seek a quality experience which is exclusive and goes beyond value-for-money.

Mobile phones can be a popular medium of payment: Assocham

Posted: 29 May 2011 09:16 AM PDT

With the mobile telephone penetration expected to reach 100 percent by 2015, cell phones can emerge as a popular medium of payment, a survey said Sunday.


Return 1K cr securities to DLF: HC to PNB

Posted: 29 May 2011 07:55 AM PDT

The Delhi High Court has directed the Punjab National Bank (PNB) to return securities worth Rs.1,000 crore to DLF Limited and slapped a cost of Rs.20,000 on the bank for illegally withholding it.


Lohia Auto to bid for acquiring Scooters India

Posted: 29 May 2011 07:50 AM PDT

Electric two-wheeler maker Lohia Auto today said it will be in the race to acquire beleaguered public sector firm, Scooters India in which the government has decided to offload its entire 95.38 per cent stake.


Big CEO churn in the offing for India Inc: Experts

Posted: 29 May 2011 07:47 AM PDT

The current year has witnessed a lot of shuffling at leadership level positions of companies and going forward sectors such as technology, financial services, power and energy are likely to see some movements in the top brass, say experts.


Succession war at Deutsche Bank

Posted: 29 May 2011 06:05 AM PDT

India-born Anshu Jain may be a favourite of many shareholders in the search for the next CEO of Deutsche Bank but the incumbent Josef Ackermann does not seem to favour him, the Financial Times reported.


Tata to launch new Nano variants

Posted: 29 May 2011 02:35 AM PDT

Although the company has not specified anything about the forthcoming variant, it is widely speculated that a diesel version of the car is in the offing.


30 corporate honchos get Rs 1 crore-plus salary

Posted: 28 May 2011 10:50 PM PDT

The list of executives with salaries exceeding Rs 1cr includes a total of 4 executives from RIL and ICICI Bank each and 5 from IT major Infosys.


AI to launch more flights to non-metro cities

Posted: 28 May 2011 09:48 PM PDT

With many non-metro cities demanding air connectivity, Air India is gearing itself to cash in on the opportunity by adding more aircraft to its fleet and introducing flights to these new destinations.


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