CORPORATE
RESEARCH & DEVELOPMENT
Budget 2008: No big deal for India Inc
Every year, the introduction of the Finance Bill is preceded by anticipation from the corporate sector of a reduction in tax rates and introduction of tax sops. The Finance Minister in the last Union Budget of the UPA Government, while ...
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ANNOUNCEMENTS
Skoda cuts Fabia prices
ŠkodaIndia has announced a price reduction of up to Rs 18,000 across all ŠkodaFabia diesel variants, with immediate effect. The company said that it has achieved sales of 1,303 units in February 2008, registering 102 per cent growth ...
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DIVIDEND ANNOUNCEMENT
Proposal on dividend tax: Coal India sees Rs 200-cr gain
Kolkata, March 2 Elimination of the scope of double taxation on corporate dividends would help Coal India Ltd (CIL) to net a clear Rs 200 crore beginning fiscal year 2008-09. CIL has seven coal producing subsidiaries contributing to the ...
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TAXATION
‘Dividend distribution must not be tax-induced’
Why short-term capital gains tax rate was hiked
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TRADE & LABOUR UNIONS
Left unions win Vizag Steel Plant elections
Visakhapatnam, March 2 The front formed by the CITU and AITUC has emerged victorious in the polls for the recognised union status in the Visakhapatnam Steel Plant, displacing the union affiliated to the INTUC.The election was held on ...
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INTERVIEW
Budget 2008: Lagging behind M&A appetite
While there are many misses in the Budget 2008, from an M&A (merger and acquisition) perspective, there is one area where a lot of thrust can get diverted, say Mr Amrish Shah and Ms Falguni Shah, Executive Director and Senior Manager ...
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PERFORMANCE
Bajaj bike sales down 8% in Feb
Bajaj Auto Ltd sold 1,58,662 motorcycles during February 2008, a drop of 8 per cent from the 1,71,780 units sold in the same month last year. Three-wheeler sales were also down 13 per cent during the comparable months. Exports of both two and ...
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