WEB EXTRAS
EXCISE AND CUSTOMS
Petroleum Ministry seeks excise duty cut on diesel
To enable a reduction in fuel prices and contain inflation, the Petroleum Ministry has sought a Re 1 per litre excise duty cut on diesel. The Petroleum Minister, Mr Murli Deora, has written to the Finance Minister, Mr P. Chidambaram, asking for ...
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TEA
Premier's Tea to open more `tea boutiques'
To target domestic niche market
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WATER
Karnataka bandh peaceful
`Loss due to strike may be over Rs 500 crore'
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CARS
Car sales up 24%, bikes 12% in Jan
The year began on a festive note for passenger carmakers with sales growing by 24 per cent in January 2007. According to figures released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales in January stood at 1,04,488 ...
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CONSULTING
RSM merges with PwC
The financial and professional services provider RSM and the tax advisor PricewaterhouseCoopers have decided to merge their tax practices effective April 1. The combined operations will be under the common brand of PricewaterhouseCoopers. ...
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SOCIAL WELFARE
Feeling the pinch
The State Government can do quite a bit to mollify its citizen consumers and provide some succour to tide over the current inflationary phase in the State.
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PUBLIC SECTOR BANKS
`New biz strategy has helped Bank of India's profitability'
CBS adoption, higher low cost funds behind good show: CMD
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ASSET MANAGEMENT COMPANIES
Arindam Ghosh may become regional head for Mirae Asset
Mr Arindam Ghosh is tipped to take over as Head of Regional Business Development for Asia Pacific at Mirae Asset, the South Korean asset management group that intends to set up operations in India, it is learnt. Mirae, which when permitted will ...
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OVERSEAS INVESTMENTS
GHCL acquires US co Best Manufacturing for $35 m
GHCL Ltd has acquired US-based home textile player Best Manufacturing Group for $35 million through its international subsidiary GHCL Inc. Best Manufacturing has an annual turnover of around $160 million and is a leading producer and ...
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ONGC, Italy's ENI to go for asset swap
Agreement likely to be signed today
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