The Hindu Business Line : Monday, June 18, 2007

ECONOMY
`Economic nexus'-based taxation
By reiterating the importance of establishing "economic nexus" for bringing income to tax in India, great significance gets attached to the concept, especially in times when states are unsure of the extent of their jurisdiction to tax cross-border se rvices. More

PETROLEUM
ONGC keen on setting up Kakinada refinery
CMD hopeful of `positive outcome' More

MANAGEMENT
Get the growth engine start
Strategy, culture, and processes/ competencies: These are `the three gears' of innovation, say Parmit and Radhika Chadha in Innovative India (www.penguinbooksindia.com) . Innovation, ... More

STOCK MARKETS
Tax experts feel CBDT circular not definitive
Distinction between shares held as stock-in-trade vs investment More

OUTLOOK
Guarseed futures turn weak
"Guarseed futures prices are under downward pressure as production this year is expected to be normal with the favourable advancement of monsoon." More

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