Direct tax kitty up 13% in FY12 |
- Direct tax kitty up 13% in FY12
- Diesel vehicle tax to hit investment: M&M
- Axiata dials Birla for tower deal
- Air India puts strike behind, to hire 100 pilots
- Sensex up 434 pts in yr's biggest gain
- Hope to restrict deficit to 2% of GDP: Pranab
- Car makers warn diesel tax will hurt industry
- Rupee closes at 55.36
- Rupee gains for 3rd day
- Gold sets new record of Rs 30,400
- Audi launches Q3 in India at Rs 26.21L
- Ashok Leyland bags overseas order from Bangladesh
- Gold futures maintain upward trend
- Gold prices rise by Rs 126 to Rs 30,137
- Sensex rallies over 283 points
- Rupee up 11 paise vs dollar in early trade
- Sensex up 169 points on Asian cues
| Direct tax kitty up 13% in FY12 Posted: 06 Jun 2012 06:01 PM PDT India's gross direct tax collection rose by 13.02% to Rs 5, 90,077 crore in the last fiscal, the Central Board of Direct Taxes (CBDT) said on Wednesday. 
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| Diesel vehicle tax to hit investment: M&M Posted: 06 Jun 2012 05:25 PM PDT The "policy uncertainty" on diesel is affecting new investment plans and making India an unattractive destination for fresh investment by auto companies, Pawan Goenka , president of M&M's automotive division, said. 
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| Axiata dials Birla for tower deal Posted: 06 Jun 2012 05:21 PM PDT Malaysian telecom giant Axiata Group has approached Aditya Birla group-owned Idea Cellular to build a transnational tower company, with operations across Southeast Asian markets. 
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| Air India puts strike behind, to hire 100 pilots Posted: 06 Jun 2012 05:13 PM PDT The 400-odd pilots of erstwhile Air India who have been on strike since May 7 will find it difficult to return to the airline now, even if they are so inclined. 
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| Sensex up 434 pts in yr's biggest gain Posted: 06 Jun 2012 05:07 PM PDT Equities recorded their biggest single-day gain in 2012 on Wednesday, taking cue from international markets and soaring hopes of a rate cut by Reserve Bank of India (RBI), which sparked a rally in sectors such as automobiles and banking. 
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| Hope to restrict deficit to 2% of GDP: Pranab Posted: 06 Jun 2012 04:15 PM PDT The finance minister on Wednesday said restricting fiscal deficit to 2% of the GDP is achievable and coupled with moderate rate of inflation the economy will revert back to high growth trajectory. 
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| Car makers warn diesel tax will hurt industry Posted: 06 Jun 2012 07:55 AM PDT Major auto makers in India warned on Wednesday that government proposals to raise the tax on cars running on heavily subsidised diesel will hurt a fast-growing sector popular with India's emerging middle class. 
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| Posted: 06 Jun 2012 06:10 AM PDT The rupee today appreciated by 28 paise to close at a one-week high of 55.36 against the US currency amid a surge in local stocks and dollar selling by exporters and banks. 
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| Posted: 06 Jun 2012 06:10 AM PDT The rupee strengthened against the dollar for a third straight session on Wednesday, tracking gains in the euro and as sharp gains in domestic stocks signalled improved demand for risk assets. 
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| Gold sets new record of Rs 30,400 Posted: 06 Jun 2012 04:00 AM PDT Gold on Wednesday hit a fresh all-time high by adding Rs 200 to Rs 30,400 per 10 grams on brisk buying by stockists triggered by a firming global trend. 
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| Audi launches Q3 in India at Rs 26.21L Posted: 06 Jun 2012 02:39 AM PDT German automaker Audi introduced its compact luxury SUV Audi Q3 in India on Wednesday, taking BMW's X1 head on. Mercedes-Benz, the third German luxury player does not have a competing product in this segment that is expected to generate good volumes. 
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| Ashok Leyland bags overseas order from Bangladesh Posted: 06 Jun 2012 02:29 AM PDT Hinduja Group flagship company Ashok Leyland has bagged the first overseas order worth $6 million for its vestibule buses from Bangladesh Road Transport Corporation (BRTC). 
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| Gold futures maintain upward trend Posted: 06 Jun 2012 12:03 AM PDT Gold prices rose by Rs 126,or 0.40% to Rs 30,137 per 10 grams in futures trade on Wednesday, extending previous gains as speculators engaged in building positions, tracking a firming global trend. 
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| Gold prices rise by Rs 126 to Rs 30,137 Posted: 05 Jun 2012 11:53 PM PDT At the Multi Commodity Exchange, gold for delivery in August rose by Rs 126, or 0.40 per cent, to Rs 30,098 per 10 grams in a business turnover of 1,900 lots. 
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| Sensex rallies over 283 points Posted: 05 Jun 2012 11:34 PM PDT Extending early gains, the BSE benchmark Sensex index on Wednesday rallied by over 283 points on strong buying driven by hopes of rate cut by the Reserve Bank amid a firming trend on other Asian bourses. 
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| Rupee up 11 paise vs dollar in early trade Posted: 05 Jun 2012 09:19 PM PDT The rupee on Wednesday appreciated by 11 paise to 55.53 against the US dollar in early trade on the Interbank Foreign Exchange, following a higher opening on the stock market amid selling of the American currency by exporters. 
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| Sensex up 169 points on Asian cues Posted: 05 Jun 2012 09:11 PM PDT The BSE benchmark Sensex on Wednesday surged over 169 points in early trade, extending gains for the third straight session on sustained buying by funds and retailers amid a firming trend on other Asian bourses. 
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