PM orders fresh look at IT, FII tax issues |
- PM orders fresh look at IT, FII tax issues
- RBI lowers growth forecast to 6.5%
- IT companies beef up sales to scout for bigger deals
- SpiceJet in black, Jhunjhunwala buys into airline
- Four SEZs cancelled in Maharashtra
- BMW confident of keeping leadership
- Rupee drops 24 paise to 55.58 on dollar demand
- Sensex posts biggest gain in one month
- Spicejet net up Rs 56 crore in Q1
- High inflation may prevent RBI from cutting rates
- Rupee up 14 paise against dollar in early trade
| PM orders fresh look at IT, FII tax issues Posted: 30 Jul 2012 05:39 PM PDT In a fresh move to placate global investors, Prime Minister Manmohan Singh on Monday ordered a relook at three tax issues — information technology development centres , portfolio or FII flows and safe harbour schemes for transfer pricing. 
| ||
| RBI lowers growth forecast to 6.5% Posted: 30 Jul 2012 05:38 PM PDT A day before it reviews interest rates in its monetary policy review, the Reserve Bank of India (RBI) has kept the market guessing by publishing a sharply lower growth forecast of 6.5% for 2012-13. 
| ||
| IT companies beef up sales to scout for bigger deals Posted: 30 Jul 2012 05:30 PM PDT Indian IT companies are realigning their hiring pattern to strengthen sales teams as margins remain under pressure in a sluggish economic environment. 
| ||
| SpiceJet in black, Jhunjhunwala buys into airline Posted: 30 Jul 2012 05:20 PM PDT On a day when SpiceJet returned to profitability, billionaire investor Rakesh Jhunjhunwala picked up 25 lakh shares in the Kalanithi Maranowned airline at Rs 30.77 apiece for Rs 7.7 crore. 
| ||
| Four SEZs cancelled in Maharashtra Posted: 30 Jul 2012 07:41 AM PDT Development of special economic zones (SEZ) received a serious blow on Monday when the Maharashtra Idustrial Development Corporation (MIDC) cancelled four projects following wide-spread protests. 
| ||
| BMW confident of keeping leadership Posted: 30 Jul 2012 06:53 AM PDT The German luxury carmaker said it will launch four new cars in India this year as it looks to stave off rising competition and the slowdown in the market. 
| ||
| Rupee drops 24 paise to 55.58 on dollar demand Posted: 30 Jul 2012 06:03 AM PDT Snapping two straight days of gains, the rupee on Monday weakened by 24 paise to close at 55.58 on heavy month-end dollar demand from oil importers even as stock markets surged 300 points. 
| ||
| Sensex posts biggest gain in one month Posted: 30 Jul 2012 03:33 AM PDT The Sensex rose 1.8 percent on Monday, its biggest daily percentage gain in a month, as blue chips such as Infosys rallied tracking widespread gains in global risk assets on hopes for monetary stimulus in the euro zone and the United States. 
| ||
| Spicejet net up Rs 56 crore in Q1 Posted: 30 Jul 2012 02:40 AM PDT After being in the red for five consecutive quarters, budget carrier Spicejet flew back into profitability reporting a net profit of Rs 56 crore in the June quarter as against a loss of Rs 71.96 crore a year ago, on the back of significant growth in sales and better yields. 
| ||
| High inflation may prevent RBI from cutting rates Posted: 30 Jul 2012 02:18 AM PDT In view of high inflation and deficient monsoon rainfall, the Reserve Bank may find it difficult to cut the key lending rate to boost the economy as is being demanded by the industry. 
| ||
| Rupee up 14 paise against dollar in early trade Posted: 29 Jul 2012 09:46 PM PDT The rupee on Monday rose 14 paise to 55.20 against the US dollar in early trade the Interbank Foreign Exchange on selling by exporters and banks amid euro's strength against the American currency. 
|
| You are subscribed to email updates from Business News, International Business, Latest India Business and Markets News - Times of India To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment