Tuesday, August 28, 2012

Airlines use combo offers to bypass rules, make money

Airlines use combo offers to bypass rules, make money


Airlines use combo offers to bypass rules, make money

Posted: 28 Aug 2012 05:47 PM PDT

Cash-strapped Indian carriers are finding innovative ways to generate revenue — even if it means bypassing regulatory norms.


DTC needs a fresh look, says FM

Posted: 28 Aug 2012 05:42 PM PDT

The implementation of the Direct Taxes Code (DTC), which seeks to overhaul 50-year-old income tax laws, is likely to be delayed as it needs a fresh relook.


First-time gold buyers' club getting younger

Posted: 28 Aug 2012 02:59 PM PDT

Gold has been scaling new highs, pulling down the demand - it touched a record Rs 31,077 per 10 grams in Mumbai on Monday before closing at Rs 30,920.


India Inc braces for stricter bribery laws

Posted: 28 Aug 2012 02:52 PM PDT

India Inc is gearing up to face more stringent and specific anti-bribery laws with the government planning to amend the Indian Penal Code (IPC) to cover bribes given domestically by the private sector.


US dollar eases against Rupee

Posted: 28 Aug 2012 06:32 AM PDT

The US dollar eased against the Rupee at 55.67/68 per dollar and the Pound Sterling also finished lower at 87.92/94 per pound at the close of the Interbank Foreign Exchange Market (Forex) today.


No plans to sell stake: HCL

Posted: 28 Aug 2012 04:23 AM PDT

With reference to reports regarding "Lenovo to buy out HCL Infosystems', Noida based HCL Infosystems Ltd has clarified to Bombay Stock Exchange that the promoter (HCL Group) has no intentions to sell stake in the company.


No plans to sell stake: HCL

Posted: 28 Aug 2012 04:23 AM PDT

With reference to reports regarding "Lenovo to buy out HCL Infosystems', Noida based HCL Infosystems Ltd has clarified to Bombay Stock Exchange that the promoter (HCL Group) has no intentions to sell stake in the company.


Sensex drops to nearly 3-week low

Posted: 28 Aug 2012 04:15 AM PDT

Sensex today dropped by 47 points to close at nearly three- week low amid Parliament failing to transact business yet again, raising concerns over the fate of economic reforms.


NSE to set up grievance office in Indore

Posted: 28 Aug 2012 02:01 AM PDT

National Stock Exchange of India (NSE) on Tuesday announced setting up of a grievance office in Indore for investors.


HCL Infosystems rallies over 23%

Posted: 27 Aug 2012 10:52 PM PDT

Shares of IT hardware company HCL Infosystems today rallied over 23 per cent amid reports that computer maker Lenovo is in talks to buy out promoter stake in the company.


SBI chief presses for CRR abolition

Posted: 27 Aug 2012 10:14 PM PDT

Making a strong case for abolition of cash reserve ratio, country's largest lender, the SBI chairman today said the banks were unable to use the resources more productively


Rupee down 19 paise against dollar

Posted: 27 Aug 2012 09:45 PM PDT

Extending losses for the third day in a row, the rupee depreciated by 19 paise to 55.88 against the dollar in early trade today on the Interbank Foreign Exchange on continued demand for the American currency.


Sensex sheds 14 points in early trade

Posted: 27 Aug 2012 09:43 PM PDT

In range-bound movement, the BSE benchmark Sensex declined marginally by over 14 points in early trade today as participants trimmed positions amid a weak trend in Asia.


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