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Monday, August 04, 2008
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TAXATION: Cos with Rs 50 lakh fresh capital induction may come under tax lens
New norms tighter; scrutiny to be done by field-level officers. Chennai, Aug 3 Your company could face a tax scrutiny if it had introduced fresh capital exceeding Rs 50 lakh last fiscal, or, as in the tax lingo, during the previous year ...

NEW PROJECTS: Areva T&D draws up Rs 500-cr capex plan
Keen to raise market share in circuit breakers, voltage transformers. Mumbai, Aug 3 Power equipment major Areva T&D India Ltd, part of the French nuclear giant Areva, has capex plans of Rs 500 crore for the current financial year. In the ...

AUDITING: A head for figures - and IT (Part I)
From flexing muscles to lift mountainous ledgers then, to deft clicks of the mouse now, auditors are adapting to new demands on their role.. When the going gets tough, the tough turn to technology. And so it is with the Indian chartered ...

AUDITING: A head for figures - and IT (Part II)
Think of auditors and you would probably visualise scholarly individuals immersed in a sea of paper. Their work involved conducting accounting checks that meant poring over reams of paper. But with greater use of information technology, the ...

NEW PROJECTS: Regaliaa setting up apartment chain
Plans afoot for budget hotels. Chennai, Aug. 3 Regaliaa Realty Ltd, a Chennai-based company, is setting up a chain of premium serviced apartments under the Homcourt brand across South India. ...

PEOPLE: New director (Production) at NMDC
National Mineral Development Corporation Ltd has announced that Mr S. Venkatesan has assumed charge as Director (Production). Prior to his elevation to the Board, he was functioning as General Manager, Bailadila Iron Ore Mine, Kirandul Complex in ...

NEW PROJECTS: MRPL phase III expansion to be over by 2011
Mangalore, Aug 3 The third phase expansion project of Mangalore Refinery and Petrochemicals Ltd (MRPL) is likely to be completed by the end of 2011. ...






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Markets (Aug 02)
Nifty (at close)4414.05 (+81.10)
US Dollar (Buy/Sell)42.35/36
Brent crude (per bbl) Rs5,206
Gold (per gram) Rs1,164
Silver (per gram) Rs26.35

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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

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Bond yields firm despite weakening oil prices

Record output to pressure world wheat prices

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Looking back
Jul. 27-Aug. 2
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Suzuki plans to double capacity

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Delay and dispute in M&A deals

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