The Hindu Business Line : Tuesday, November 25, 2008

‘Lower tax on aviation fuel needs political consensus’
Govt open to amending Central Sales Tax Act: Chidambaram. New Delhi, Nov. 24 In what could be good news for the domestic airline industry, the Finance Ministry has said that it is open to the idea of amending the Central Sales Tax Act to make ...

Kingfisher, AI to lower fares
New Delhi, Nov. 24 Domestic flying will become cheaper in the next few days. On Monday night, Kingfisher Airlines announced that it will lower ...

`Tax'ing concerns:... TODAY'S PICK (Latest Audio: English/Tamil)
Indian Oil Corporation (Rs 406.55): Buy
We recommend a buy in Indian Oil Corporation from short-term horizon. It is evident from the charts that Indian Oil Corporation (IOC) has been consolidating sideways in a broad price range between Rs 300 and Rs 450 since this July. After ...

Day Trading Guide

Axon shareholders okay HCL Tech offer
650-pence/share deal awaits court nod. New Delhi, Nov. 24 HCL Technologies’ proposed mega-acquisition of UK-based SAP consulting company Axon Group is nearly ...

Accenture staff to work longer hours
COMPETITIVE PRESSURE. Bangalore, Nov. 24 In a bid to boost productivity levels at its India Delivery Centre, Accenture, management consulting, technology services and outsourcing company, plans to increase its work hours by an hour daily from ...

Chidambaram pegs 2008-09 growth rate at 7-8%
In talks with World Bank to double loan assistance to $6 b. New Delhi, Nov. 24 After three years of plus 9 per cent growth in gross domestic product (GDP), India’s growth rate in the current year may moderate to a level between 7 and 8 ...

‘Property slowdown to have ripple effect’
This can impact economy, says Goldman Sachs. The ripple effect of a slowing property market is likely to result in a substantial impact on the Indian economy, states a report by the Asia Economics Research Team at Goldman ...

Pharma exporters brace for payment delays
Mumbai, Nov. 24 Exports during a global financial crisis can be challenging. But it has only got more so, with the possibility of delayed payments on exports becoming one more reason to worry for Indian drug makers. Several of them are active ...

Bay trumps forecasts, spins up early ‘low’
Thiruvananthapuram, Nov 24 The southwest Bay of Bengal has trumped forecasters by spinning up a ‘low’ off Sri Lanka and neighbourhood on Monday ahead of an anticipated and potent easterly ...