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PM outlines economic growth plan Focus to be on infrastructure development
IN keeping with his last year's declaration that "I have no promises to make but only promises to keep," the Prime Minister, Dr Manmohan Singh, today presented the nation with the Government's action plan for achieving rapid economic growth ...
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Corporates can't bypass jurisdictional zonal benches, says CESTAT
CORPORATES may no longer find it easy to bypass the jurisdictional Zonal Benches and approach the Principal Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in New Delhi in appeal against the orders of the Commissioners of ...
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BCCI hopes to get over Rs 1,000 cr from telecast rights
THE Board of Control for Cricket in India (BCCI) is expecting to generate at least Rs 1,000 crore from the sale of telecast rights in the next four years. It is understood that the Board has fixed a floor price of about Rs 9 crore for each ...
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Illiquid stocks They may be shunned by the market but they reward their shareholders
NOT all the 3,000 of the 5,000 listed stocks that are not traded on a given day represent companies without operations. There are many that are quite profitable and, what is more, have backed their performance with good dividend payouts. A ...
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Fighter pilots don't fit the bill to land airline jobs
THE fighter pilots of the Indian Air Force (IAF) may have the more glamorous job compared to their transport counterparts. But when it comes to landing jobs with the private airlines of the country, it is the latter that come off with a distinct ...
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Paint companies margins under pressure in Q1
DESPITE a reduction in Customs duty in the Union Budget and the strengthening of the rupee, the margins of the domestic paint industry remained under pressure in the first quarter of the fiscal. Due to the increase in crude prices and its ...
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Govt plans to promote medical tourism from Oct
CLOSE on the heels of introducing medical visas, the Government is shifting gears. Come October, the Government plans to start overseas marketing of India as a medical tourism destination. According to senior Government officials, "The ...
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Asset-backed securitisation set to grow on loans to used vehicles
Used vehicles, two-wheelers included, present a fairly big market, and the past year in particular witnessed a rise in lending aimed at such cars and motorcycles.
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