Wealthy face taxing times under DTC |
- Wealthy face taxing times under DTC
- HP sues ex-chief Hurd for joining Oracle
- Sun Pharma wins Taro battle
- US needs innovation, not protection: Deshpande
- Gold surges to Rs 19,470
- Rupee up to 46.63/64 against dollar
- Sensex closes 22 points higher
- Vodafone to sell China Mobile stake for £4.3bn
- Mobile subscriber base crosses 652 million mark
- Etisalat eyes Idea, not RCOM
- Instamedia gets $4 million funding from Times Internet
- Foster's snubs wine biz offer
| Wealthy face taxing times under DTC Posted: 08 Sep 2010 12:02 PM PDT The Direct Taxes Code, which is expected to replace the existing Income Tax Act in 2012, has proposed to impose 1% tax on net wealth in excess of 1 crore.  |
| HP sues ex-chief Hurd for joining Oracle Posted: 08 Sep 2010 12:04 PM PDT Hewlett-Packard's breakup with its former chief executive Mark V Hurd may soon warrant its own reality TV show.  |
| Posted: 08 Sep 2010 11:51 AM PDT The sun may be finally shining for drug major Sun Pharma. The Israeli Supreme Court on Tuesday ruled in favour of Sun Pharma, paving the way for the domestic pharma major to eventually gain 65% control (with voting rights) and 48% equity stake in Taro Pharmaceuticals, ending a bitter dispute of over two years.  |
| US needs innovation, not protection: Deshpande Posted: 08 Sep 2010 11:58 AM PDT Gururaj Deshpande, the IIT-Madras alumnus was recently appointed the co-chairman of US president Barack Obama's National Advisory Council on Innovation and Entrepreneurship.  |
| Posted: 08 Sep 2010 07:41 AM PDT Gold prices scaled to a new peak of 19,470 per ten grams in the national capital today on brisk buying by jewellers to meet festival and marriage season demand amid a firm global trend.  |
| Rupee up to 46.63/64 against dollar Posted: 08 Sep 2010 08:49 AM PDT The rupee bounced back by 21 paise to 46.63/64 against the US dollar today amid renewed dollar selling by banks and exporters as the American currency fell to a 15-year low against the Japanese yen.  |
| Sensex closes 22 points higher Posted: 08 Sep 2010 04:48 AM PDT Shrugging off weak global trends, the Bombay Stock Exchange benchmark Sensex today closed with a marginal gain of 22 points.  |
| Vodafone to sell China Mobile stake for £4.3bn Posted: 08 Sep 2010 05:55 AM PDT Vodafone said it will offload its entire 3.2 per cent shareholding in China Mobile Ltd, a divestment that will fetch the British telecom major about 4.3 billion pounds.  |
| Mobile subscriber base crosses 652 million mark Posted: 08 Sep 2010 01:15 AM PDT The number of mobile subscribers in the country crossed the 652.42 million mark in July, with the addition of 16.92 million connections, official data show.  |
| Posted: 07 Sep 2010 12:20 PM PDT Etisalat, the UAE's biggest phone company, said it's considering investing in Idea Cellular to tap the world's second-largest wireless market.  |
| Instamedia gets $4 million funding from Times Internet Posted: 08 Sep 2010 12:06 PM PDT Instamedia Network, the web's leading content network and creator of Software as a Service (SaaS) based content platform, Instapress, announced on Wednesday it has secured $4 million in Series A funding from Times Internet Limited, a subsidiary of The Times of India Group.  |
| Posted: 08 Sep 2010 12:08 PM PDT Foster's Group, Australia's largest brewer, knocked back an offer worth up to $2.5 billion for its wine business as too cheap, but the approach could flush out offers for the entire group.  |
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