WEB EXTRAS
AWARDS & HONOURS
Kochi to host tea tasting competition
Final tasting session will be held on March 21
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TELECOMMUNICATIONS
Kavveri Telecom buys Til-Tek Antenna
The Bangalore-based firm paid $2.5 m for the strategic acquisition
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TRAI for lower port charges
Telecom tariffs may down come down further with the Telecom Regulatory Authority of India (TRAI) proposing to reduce port charges for service providers by up to 29 per cent. Port is the physical place where the networks of two different ...
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COURTS/LEGAL ISSUES
A key ruling on turnkey contracts
The nature of the contract should not be construed through the prism of the taxing provisions
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INFORMATION TECHNOLOGY
TN processing Rs 4,000-cr investments in IT sector
The Tamil Nadu Government is processing investments worth Rs 4,000 crore in IT and related sectors, according to Mr C. Umashankar, Managing Director, Electronics Corporation of Tamil Nadu Ltd (ELCOT). Addressing a press conference here on ...
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MUTUAL FUNDS
Tata Mutual plans hybrid SIP scheme
Tata Asset Management has launched a Tata Systematic Investment Plan (SIP) Fund - Scheme I, a three-year close-ended hybrid scheme. The fund portfolio would gradually shift from being debt-oriented to equity-oriented over the three-year ...
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POWER
Price band for PFC offer at Rs 73-85/share
State-owned Power Finance Corporation has set a price band of Rs 73-85 a share for its proposed initial public offering, Government sources said. The issue would open on January 31 and close on February 6. The PFC offer entails an issue of 117.3 ...
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INDUSTRY ASSOCIATIONS
CII, Portugal chamber in pact to promote trade
The strong ties between India and Portugal, which is due to take over the presidency of the European Union (EU), are likely to expedite the proposed Free Trade Agreement between India and the EU, the Minister for State for External Affairs, Mr ...
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AGRICULTURAL INSTITUTIONS
Nabard staff plan protest
Scrapping RBI decision not to continue its support forms key demand
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EVENTS
Need for uniform global accounting norms
With increasing globalisation, the accounting profession is grappling with the problem of how to standardise accounting norms across the world and who should change what to bring about the harmony. This problem engaged the attention of experts ...
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INCOME TAX
Needed, more tax breaks for salaried
The maximum marginal rate of tax should be made applicable only to incomes above Rs 10 lakh.
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BRANDS
Puma to open 25 stores this year
Puma Sports India Pvt Ltd opened its first exclusive store in Mumbai on Friday. The 90-sq meter store is the sport lifestyle company's eighth outlet in India since it started operations in January 2006. "We were waiting for the right ...
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