Tuesday, December 11, 2012

KF aircraft impounded for Rs 63cr tax default

KF aircraft impounded for Rs 63cr tax default

KF aircraft impounded for Rs 63cr tax default

Posted: 11 Dec 2012 02:29 PM PST

The service tax department has impounded an ATR aircraft belonging to Kingfisher Airlines for defaulting on dues amounting to Rs 63 crore.

Buy a car, get into a 'relationship'

Posted: 11 Dec 2012 01:23 PM PST

Car companies are learning some lessons in customer care from the banking and finance industry by offering car buyers more personalised services in the form of relationship managers.

Kingfisher, Etihad renew deal talks

Posted: 11 Dec 2012 12:25 PM PST

Ailing Kingfisher Airlines returned to active discussions for selling a 49% stake to Abu Dhabi carrier Etihad even as investors on Tuesday lapped up shares of the debt-laden company, co-owned by UB Group chairman Vijay Mallya.

Tax mop-up shortfall may touch Rs 75,000cr

Posted: 11 Dec 2012 12:25 PM PST

The government is likely to fall short of more than Rs 75,000 crore in tax mop-up from direct and indirect taxes in the current fiscal.

India Inc to focus on women talent next year

Posted: 11 Dec 2012 12:20 PM PST

A key HR agenda in 2013 would be to invest in women talent, says a survey conducted across 130 companies in India that operate in multiple domains.

Pia Singh sells over 1 crore DLF shares for Rs 232cr

Posted: 11 Dec 2012 07:55 AM PST

DLF's promoter Pia Singh today offloaded nearly one crore shares of the company for Rs 232.67 crore to nine other promoter entities.

Jaguar Land Rover mulls Saudi Arabia plant

Posted: 11 Dec 2012 06:19 AM PST

Jaguar Land Rover signed a preliminary deal to build a plant in Saudi Arabia, extending its expansion in fast-growing markets having already started work on a plant in China.

Air India owes Rs 4,064cr to oil cos

Posted: 11 Dec 2012 06:13 AM PST

National carrier Air India owes over Rs 4,064 crore in outstanding jet fuel bill to state-owned oil companies, the largest overdue payment by any domestic carrier.

Rupee rebounds by 22 points to end at 54.26

Posted: 11 Dec 2012 05:50 AM PST

Snapping a two-session losing string, the rupee today bounced back by 22 paise to end at 54.26 on the back of fresh dollar selling by exporters and capital inflows worth about USD 250 million.

US 'fiscal cliff' outcome still uncertain

Posted: 11 Dec 2012 03:53 AM PST

As the pace of talks quickened to avert the "fiscal cliff" of steep tax hikes and spending cuts set for the end of the year, senior members of the US House of Representatives of both parties cautioned that an agreement on all the outstanding issues remained uncertain.

Sensex hits 20-mth high intra-day, ends 22 pts down

Posted: 11 Dec 2012 03:45 AM PST

After rising to 20-month high level in initial trades, the BSE benchmark Sensex today surrendered gains to close with a loss of 22 points on profit booking across sectors, amid exports dipping for the seventh straight month in November.

Exports dip 4.17% in November

Posted: 11 Dec 2012 12:56 AM PST

Continuing with its downward slide, exports dipped for the seventh month in a row in November by 4.17 per cent to USD 22.3 billion.

Kingfisher shares up after report of Etihad deal

Posted: 10 Dec 2012 11:21 PM PST

Shares in troubled Kingfisher Airlines were up nearly five percent on Tuesday after a newspaper report that Abu Dhabi's carrier Etihad Airways is set to buy a 48 percent stake.

India's November exports fall 4%

Posted: 10 Dec 2012 10:38 PM PST

India's exports fell 4 per cent to $22.3 billion in November, while imports jumped to $41.5 billion, leaving a trade deficit of $19.3 billion, a trade ministry official said on Tuesday.
Posted by Harshad at 9:28 PM

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