The Hindu Business Line : Friday, September 10, 2010

Employers must take health cover for staff or lose tax gains: Montek
Companies not complying should be denied tax deductibility on wage payment. The Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, today mooted denial of tax deductibility on wage payment if the employer in the organised sector does ...

Costlier pulses, milk push up food inflation
Food inflation, based on the Wholesale Price Index, continued its upward surge for the second consecutive week on the back of surging pulses, fruits and milk, even as fuel inflation ...

In full spate: The Yamuna... Enough liquidity to mop up PSU issues: I-Sec
‘Investor interest continues to be high'. Investor interest in public sector undertakings is expected to be strong thanks to the positive policy environment and the kind of sectors they are ...

Large tracts of fertile land must not be lost in acquisitions for industry: Sonia
The UPA Chairperson, Ms Sonia Gandhi, said a balanced approach is needed while acquiring land for industrial purposes and that this should not lead to a loss of “large tracts” of ...

Air India may land Boeing Dreamliner only in Sept 2012
DELAYED BY SIX MONTHS. There is to be a further six-month delay in the delivery of the first Boeing 787 Dreamliner aircraft to ...

Think big, think new, say venture capitalists
‘Not many ideas generated to create Rs 1,000-cr companies'. Venture capital representatives regretted that while India produces thousands of engineers not many ideas are generated to create Rs 1,000-crore ...

Domestic car sales zoom even as exports drop in Aug
Stable interest rates, positive sentiment drive growth. Auto sales in August broke records for the second month in a row. Despite automakers raising prices, growth was achieved thanks to a positive customer sentiment, good monsoon and low ...

IRDA examining plea for easing investment norms
Infrastructure funding not at the cost of investors, says Hari Narayan. Insurance regulator IRDA is looking into a proposal for relaxing norms on investment by insurance companies in infrastructure bonds of highly-rated (AAA-rated) firms. The ...

Bountiful monsoon augurs well for fertiliser companies
Tata Chemicals, Deepak and Rallis gain over 15%. In the last one month, fertiliser stocks have gained. Tata Chemicals, Deepak Fertilisers and Rallis, in particular, have increased over 15 ...

Vodafone in revamp mode
Vodafone, the London-based mobile phone giant which this week lost its Rs 12,297-crore tax battle in the Bombay High Court, will be streamlining its operations in an effort to make it ...

Rainfall matches long-range outlook, and counting
Overall monsoon performance has improved to 102 per cent and counting as of Thursday, matching the India Meteorological Department's (IMD) estimate for the entire season made in its ...

Don't end stimulus package in a haste: Pawan Goenka
Auto sales have been on a roll but period starting Oct crucial. Automobile sales have been on a roll over the last few months but this does not mean that the stimulus package should be completely withdrawn, cautions Dr Pawan Goenka, President ...