Baazee expresses shock; CEO remanded to judicial custody
BAAZEE.COM, whose Chief Executive Officer, Mr Avnish Bajaj, was on Saturday remanded to judicial custody after the Delhi police arrested him in connection with the multi-media messaging scandal on Friday, has expressed shock and surprise over the ...
Should auction portal CEOs be accountable for deals?
THE arrest of Mr Avanish Bajaj, CEO of Baazee.com, the portal on which a sexually explicit video clip featuring two school students was put on sale, has triggered off a debate within the industry and the legal fraternity. The issue of whether ...
Ministry unlikely to extend input tax credit on Cenvat duty
THE Finance Ministry is unlikely to relent to industry demands for extending input tax credit on the Cenvat duty paid by a dedicated third party manufacturer against the service tax payable by a marketer or a distributor on advertising, sales ...
Kingfisher Airlines signs deal with Airbus
KINGFISHER Airlines, promoted by the UB group, has signed contracts to acquire 10 A-320 aircraft on firm order with options to buy another 20 until 2008 at a cost of up to $1.8 billion or Rs 8,100 crore. Besides these 30 aircraft, the airline ...
Now, financial planners begin to ride the BPO wave
AMERICANS, whose surprise at finding Indian voices resolving their issues from computers to credit cards has barely abated, will soon discover that even their investment advice is coming from Indian shores. Financial planning and investment ...
SEBI panel for lifting FII cap on corporate bonds
THE SEBI committee has suggested lifting of the existing $500-million ceiling on FII investments in corporate bonds as a measure to increase liquidity in the market. Instead, it has mooted a lock-in period for FII investment in corporate bonds. ...
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