Business Daily from THE HINDU group of publications Saturday, May 02, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS OUTLOOK: DLF Q4 net plummets 93% on demand slump DLF Ltd’s consolidated net profit fell 93 per cent for the fourth quarter ended March 2009, hurt by reduced demand for property, price resets and suspension of sales to DLF Assets Ltd ... FOREX: Exports plunge 33% in March Decline for six months in a row. New Delhi, May 1 Merchandise exports declined 33.22 per cent in March to touch $11.52 billion, the lowest performance in the three months of fourth quarter ... COURTS/LEGAL ISSUES: An order bereft of reasons The Income-Tax Appellate Tribunal (ITAT) is the second tier appellate authority under the I-T Act and no appeals against its orders can be filed before the High Court on issues involving facts. The Tribunal is, thus, the last hope for relief ... INFRASTRUCTURE: Tax holiday for banks in SEZs Section 80LA of the Income-Tax Act confers a 10-year tax holiday for banks located in Special Economic Zones (SEZs) with the first five years begetting them tax immunity on 100 per cent of such profits and the next five years on 50 per cent of ... PERFORMANCE: Supplyco improves sales turnover despite slowdown in retail sector The recessionary trend being witnessed in the retail sector seems to have not made any impact on the business of Supplyco, the biggest retail chain in the public sector with more than 2,700 outlets in the State, even as the company had posted ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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