Kingfisher warned of licence suspension |
- Kingfisher warned of licence suspension
- Tax reforms row may derail GST
- SC throws out petition challenging Vodafone tax order
- President's House address to thrust on growth, job
- SC dismisses PIL on Vodafone tax verdict
- Forex reserves up by $1.61 billion
- Rupee closes at three-week low against dollar
- Govt likely to raise tax rates
- Sensex closes up 53 points
- DLF shares plunge after Veritas report
- Rupee fails to maintain initial gains against dollar
- Nissan plans cheap car for India
| Kingfisher warned of licence suspension Posted: 02 Mar 2012 05:53 PM PST This is the first time that the ministry has issued a warning to Kingfisher, which on Thursday saw its long-unpaid technicians go on strike for a while. 
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| Tax reforms row may derail GST Posted: 02 Mar 2012 05:41 PM PST The Centre and the states are involved in a fresh row, this time over tax reforms that threaten to derail the rollout of Goods and Services Tax (GST), among the most ambitious fiscal reform moves. 
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| SC throws out petition challenging Vodafone tax order Posted: 02 Mar 2012 05:18 PM PST The Supreme Court on Friday dismissed a plea for reconsideration of its judgment quashing the tax demand of Rs 11,000 crore on telecom major Vodafone, and imposed a penalty of Rs 50,000 on the petitioner. 
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| President's House address to thrust on growth, job Posted: 02 Mar 2012 05:09 PM PST The President's address to the joint sitting of Parliament in the forthcoming Budget session is likely to incorporate a strong emphasis on sustaining growth and jobs through specific initiatives to give a fillip to skill development. 
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| SC dismisses PIL on Vodafone tax verdict Posted: 02 Mar 2012 09:02 AM PST "It is one of the most irresponsible petitions. You want to destroy the institution and want to make it dysfunctional," a bench headed by Justice Aftab Alam said. 
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| Forex reserves up by $1.61 billion Posted: 02 Mar 2012 08:46 AM PST Foreign exchange reserves grew by $1.61 billion to $296.05 billion for the second consecutive week on the back of a rise in the core foreign currency assets. 
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| Rupee closes at three-week low against dollar Posted: 02 Mar 2012 05:51 AM PST Falling for the second day in a row, the rupee on Friday lost 29 paise to close at three-week low of 49.50/51 against dollar. 
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| Govt likely to raise tax rates Posted: 02 Mar 2012 05:01 AM PST India is likely to raise taxes on a number of manufactured items and expand the tax net in its budget to rein in its deficit and give space for the central bank to cut interest rates to support growth, a top government official said. 
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| Posted: 02 Mar 2012 03:11 AM PST The Bombay Stock Exchange benchmark Sensex gained 53 points on value buying in some stocks amid a firm trend in global markets. 
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| DLF shares plunge after Veritas report Posted: 02 Mar 2012 01:24 AM PST Shares in Indian property giant DLF fell more than six percent amid a report the government has ordered a probe of its accounts after a research firm said it was in financial trouble. 
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| Rupee fails to maintain initial gains against dollar Posted: 01 Mar 2012 11:02 PM PST Rupee failed to maintain initial gains by slipping 15 paise to 49.36 against the American currency in the late morning trade on fresh dollar demand from banks and importers. 
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| Nissan plans cheap car for India Posted: 01 Mar 2012 09:56 PM PST The vehicles, priced around 500,000 yen ($6,200), will initially be built and sold in India, Indonesia and Russia, the Nikkei said. 
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