WEB EXTRAS
COURTS/LEGAL ISSUES
Missing the penal tree for woods
Section 271(1) of the Income-tax Act, 1961, inter alia, says that “ if the assessing officer or the Commissioner (Appeals) or the Commissioner in the course of any proceedings under this Act is satisfied that any ...
More
Is `demerger' route completely tax neutral?
Demerger does not find a specific reference in Section 49 with the result it is a mystery whether the original cost of acquisition for capital assets in the hands of the demerged company can be deemed to be the cost of acquisition for the resulting c ompany.
More
ENGINEERING
Iris Manufacturing hives off design unit as subsidiary
Chennai, April 25 The Chennai-based Iris Manufacturing Ltd (IML), part of the Rs 6,000-crore Shriram Group, has hived off its design division as a wholly owned subsidiary, Iris Engg Design Private Ltd (IEDPL). The Managing Director of ...
More
STEEL
Jindal Steel gets exploration licence from Bolivia
Kolkata, April 25 The Bolivian Government has given Jindal Steel & Power Ltd (JSPL) an exploration licence for the El Mutun iron ore facility. Mining operations will begin on a small scale by the end of 2008 and steel production in ...
More
SOCIAL WELFARE
Smart cards for disbursement of social welfare benefits mooted
Mumbai, April 25 Benefits of social welfare programmes of the State Governments could be distributed through the bank-led smart card based model which is being implemented in Andhra Pradesh, the Reserve Bank of India has said.A report ...
More
ADVERTISING
Microsoft once again targets end-users
Office 2007 campaign looks beyond tech
More
OUTLOOK
Angel investors betting big on Indian start-ups
New Delhi, April 25 Amid a slowdown in global venture capital investments, Indian start-up firms are emerging as clear favourites for seed capital among global angel investors. During the first quarter of 2008, US-based venture ...
More
TRENDS
Deep-sea divers raking in the moolah
Mumbai, April 25 They are mostly under-graduates or just graduates, but command a salary as high as $15,000 a month. They are much sought after by companies such as ONGC and Reliance. Only, their work place is not in plush ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds