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ICAI seeks details from 12 affiliates of global audit firms
Move part of attempts to unravel auditor’s role in Satyam fiasco. New Delhi, April 29 Multinational consulting firms and their arrangements with local audit firms are once again under the scanner of the audit profession regulator, the ...
Market bounces back, Sensex shoots up 401
Mumbai, April 29 After falling 370 points on Tuesday the Sensex bounced back with a 401 points or 3.65 per cent gain on Wednesday as traders covered their short positions on the expiry of the April Futures and Options (F&O) ...
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Nano bookings: Smaller towns trail metros
Higher price point, poor road conditions seen as reasons. The Tatas’ small car Nano has evoked greater response from metropolitan centres than smaller towns, widely perceived to be the market for it, if the sale of applications at various ...
Revenue dept queries Vodafone’s tower plan
Is it a case of ‘round tripping’?. New Delhi, April 29 Vodafone Essar’s plan to hive off its tower infrastructure into a separate company has hit a bump with the Department of Revenue raising questions on whether the proposed ...
50% of employees hit by slowdown-induced stress
CORPORATE WELLNESS. The worst fears of economists and social scientists have come true. The slowdown has steeply pushed up stress levels in over 50 per cent of the employees in the corporate sector. This has a telling impact on addiction levels, ...
Bharti Airtel’s Q4 net profit rises 21%
Revenues up 26%; maiden dividend of 20%, stock split announced. New Delhi, April 29 Bharti Airtel Ltd reported a 21 per cent increase in its net profit to Rs 2,239 crore for the fourth quarter ended March 31, 2009 compared with Rs 1,853 crore ...
Analysts bet on coalition led by major party for stability
‘India will grow if incremental reforms are continued’. Kolkata, April 29 Political establishment may not view millions of dispersed investors in Indian equities as a homogeneous set of voters, whose interest, unlike taxpayers, ...
First eight days of IPL-2 record 88 m viewership
Mumbai, April 29 The first 8 days of IPL-2 have recorded a cumulative viewership of 88 million with an average TVR of 4.61 at an all- India level, according to ...
Steel output declines in March; cement up 10%
Steel production has registered a 2.6 per cent dip during March, even as cement output continues to be buoyant, rising 10.1 per ...
Wheat arrivals higher as farmers find no merit in storing
Prices likely to rule lower this year on bulging stocks. Nearly 190 lakh tonnes of wheat have been procured by State and Union Government agencies, with the bulk of about 160 lakh tonnes being done in Punjab and Haryana alone. This is over 50 ...
Symbol allotment: SC snubs Election Commission
New Delhi: Even as the election process is under way, the Election Commission got an unpleasant surprise from the Supreme Court in two related cases concerning allotment of symbols to political parties. The first was on March ...
All eyes will be on Maoist-affected districts, North Bengal
Kolkata: As 14 of the 42 constituencies of West Bengal go to the polls for the first phase of the Lok Sabha elections in the State on Thursday, all eyes will be on the three Maoist-affected districts of Purulia, Bankura, ...
Heat wave conditions in North likely to continue
Thiruvananthapuram, April 29 The barren outbacks of Saurashtra and Kutch in Gujarat, apart from West Rajasthan, represented the hottest spots during the last 24 hours as severe heat wave conditions thrived in these regions under ...
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