Financial Daily from THE HINDU group of publications
Thursday, September 23, 2004

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Govt row with Suzuki `amicably' resolved — New facility to make only high-end cars
IN sharp contrast to the protracted legal battles with its foreign partner earlier, the Government on Wednesday thrashed out an "amicable settlement" with Suzuki Motor Corporation (SMC) over the issue of fresh investments within a matter of just ... More

Zee moves SC against BCCI decision
THE row between Zee Telefilms and ESPN-Star Sports on Wednesday took a new turn with Zee moving the Supreme Court challenging the cancellation of the telecast rights awarded to it by the Board of Control for Cricket in India (BCCI) between 2004 ... More

Dalmiya blames it on Zee, ESPN
THE Board of Control for Cricket in India has blamed Zee Telefilms Ltd and ESPN-Star Sports for the ongoing imbroglio over cricket telecast rights. According to Mr Jagmohan Dalmiya, President of BCCI, the television companies placed their ... More

Bank of Baroda sees 10-15% drop in operating profits
BANK of Baroda is expected to report a 10-15 per cent drop in its operating profits in the current fiscal, on account of lower treasury profits, Mr P.S. Shenoy, Chairman and Managing Director, said today. This is despite an expected 18 per ... More

Securities transaction tax regime to come into effect from Oct 1
THE Securities Transaction Tax (STT) regime for the capital market would come into effect from October 1, 2004. A notification to operationalise the new tax structure from this date is to be issued by the Ministry of Finance within the next ... More

Auto cos to get 150 pc I-T deduction for in-house R&D
AUTOMOBILE manufacturers can now avail themselves of 150 per cent deduction, for income-tax purposes, of the amount spent by them towards scientific research undertaken in in-house research and development (R&D) facilities. The 150 per cent ... More

Will fans be able to catch the Australian series on TV?
THE million-dollar question is whether or not the Indian cricket fan will be able to enjoy the on-field action when Australia takes on India during its tour beginning October 6. With Zee Telefilms approaching the Supreme Court challenging the ... More

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