The Hindu Business Line : Monday, September 10, 2007

Direct tax collections may surpass indirect taxes this fiscal
New Delhi, Sept. 9 For the first time ever, the Centre’s direct tax collections may surpass the indirect tax collections this fiscal, if the current trend in tax revenue mobilisation is any indication. “This (direct tax ... More

61 cos have wrong telephone numbers on BSE site
SORRY, CHECK AGAIN More

Milk prices drop Rs 4/litre in 2 months
On talk skimmed milk powder export ban may continue More

Banks’ profit, assets quality may decline in 2007-08: Study
Mumbai, Sept. 9 Banks will continue to have a higher credit growth but there will be a decline in their core profits and assets quality in the current fiscal. This is among the key observations of a study conducted by Crisil on the ... More

‘Strong rupee was a good thing’
“A strong rupee just forced us to look at the mirror and tighten up our belt a little bit and optimise our business,” says the CFO of Cognizant. More

Qualcomm mapping out 4 rural connectivity projects
In talks with service providers, NGOs, financiers More

FCCB drives growth overseas
Hyderabad, Sept. 9 Tier-II and tier-III technology companies are taking the FCCB (foreign currency convertible bonds) route to fund their overseas expansion-cum-acquisition plans.Many of these companies have either already raised the ... More

Restricted liquidity, volatility may mark tradings
‘Re-pricing of risk will have its attendant impact on India’s growth rate’ More

Economic growth and currency value
We have been watching the rupee-dollar exchange rate keenly (and recently with some concern) and are quite baffled by the 10 per cent-plus gain over the past three months. Though there might be the large-scale capital ... More

Scratch more than just surface to grasp true domicile of cos
Firm’s address is no longer an accurate indicator of where it does the bulk of its business More

‘Policy change could send wrong signals to investors’
We are concerned about the proposed Bill. It appears that the Government is taking a U-turn in its liberalisation programme. More

Panel raps Rlys for slow pace of expansion
Even as Indian Railways recorded a cash surplus before dividend of Rs 20,153.49 crore for fiscal 2006-07, the Parliamentary Standing Committee on Railways has pulled up the Ministry for not expanding the physical railway network at an equally ... More

Monsoon harks back to early June settings
Thiruvananthapuram, Sept. 9 The southwest monsoon seems to have catapulted itself back to the early-June onset settings with both extreme southwest peninsula and the northeast coming under active spells of rainfall from spatially different ... More

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