Sunday, January 13, 2013

Sensex up 67 points in early trade

Sensex up 67 points in early trade

Sensex up 67 points in early trade

Posted: 13 Jan 2013 08:32 PM PST

Stocks of second largest software exporter Infosys continued its upward march, after the company announced Q3 earnings on Friday.

GST unlikely to roll out before 2015

Posted: 13 Jan 2013 01:44 PM PST

Goods and services tax, one of the key reform moves of UPA, appears to be in serious jeopardy, with the biggest change in tax regime now expected to be ushered in only by the next government.

Younger faces to drive 2013 brandwagon

Posted: 13 Jan 2013 11:34 AM PST

The brand endorsement market is expected to change dramatically in 2013 with few of the younger celebrities getting pitch-forked to the top.

Qatar Airways interested in Indian carrier stake: CEO

Posted: 13 Jan 2013 10:54 AM PST

Qatar Airways, the Middle East's second-largest carrier, is interested in purchasing a stake in an Indian airline, chief executive officer Akbar Al Baker said.

GST unlikely to roll out before 2015

Posted: 13 Jan 2013 10:52 AM PST

Goods and services tax (GST), one of the key reform moves of UPA, appears to be in serious jeopardy, with the biggest change in tax regime now expected to be ushered in only by the next government.

India in a bind over new WTO chief

Posted: 13 Jan 2013 10:50 AM PST

The Indian government is in a bind over who it should support for the top job at the World Trade Organization that is to be decided by the end of May, reflecting the familiar dilemma over crucial assignments at international bodies.

Industrialists demand growth-oriented Budget

Posted: 13 Jan 2013 09:43 AM PST

Industry captains have demanded a growth-oriented Budget and expressed the hope that the proposals would not be too populist.

Excise dept detects tax evasion of Rs 362cr

Posted: 13 Jan 2013 07:24 AM PST

Excise duty and service tax evasion of about Rs 362 crore has been detected up to December in the current financial year by the Chennai zonal unit of Central excise department.

Airbus eyeing Rs 12,000cr IAF deal

Posted: 13 Jan 2013 06:49 AM PST

Close on the heels of clinching the IAF contract for supply of mid-air refuellers, European consortium Airbus will now bid for the Rs 12,000 crore global tender to be floated by India for procuring 56 medium-lift transport aircraft to replace its vintage Avro planes.

Govt likely to hike import duty on gold in Budget

Posted: 12 Jan 2013 10:07 PM PST

A hike in the import duty on gold to curb its imports and tax sops to encourage people to replace idle gold with financial instruments may be in the offing.

RBI may cut rates by 50 bps: Credit Suisse

Posted: 12 Jan 2013 09:48 PM PST

The Reserve Bank of India is likely to cut key interest rates by 0.50 per cent, to 7.5 per cent, in the forthcoming monetary policy review on easing inflationary pressures, says a Credit Suisse research report.

Indian companies facing huge power shortage: Ficci

Posted: 12 Jan 2013 09:47 PM PST

Noting that Indian companies are suffering production shortfall due to powers cuts, a study by Ficci today suggested a 10-point policy package to provide affordable and quality electricity to industrial consumers.

FIIs invest Rs 8,800 crore in Indian stock market

Posted: 12 Jan 2013 09:16 PM PST

Overseas investors have poured in a staggering Rs 8,800 crore (about $1.6 billion) in Indian equities in the first two weeks of this year as stock market participants cheered the US Senate's approving a bill to avoid the so-called 'fiscal cliff'.
Posted by Harshad at 9:10 PM

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