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Friday, February 25, 2005

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Govt allows 100% FDI in construction sector
BIG time foreign investment flowing into the real estate sector could soon be reality with the Government today substantially easing the foreign direct investment (FDI) norms in the construction and real estate development sector. Instead of ... More

BCCI free to choose channel for telecast: Madras HC
THE suspense and anxiety of cricket lovers over the Indo-Pak cricket series beginning on schedule was over on Thursday when the Madras High Court gave a free hand to the Board of Control for Cricket in India to choose its production unit for ... More

Scrutiny of self-assessed excise returns likely from April 1
COME April 1 and self-assessed excise returns may come under the scrutiny of the revenue department. The coverage of selective audit under the Cenvat credit rules, now confined to manufacturers, may be expanded to include dealers. The Finance ... More

Obscenity: `General laws won't help online media'
THE application of the general law to the electronic media has given rise to results which may lead to patent injustice, says a review of the Information Techology Act 2000 prepared by the law firm Amarchand & Mangaldas & Suresh A Shroff & More

Left parties want more Plan outlay to meet CMP needs
THE Left parties on Thursday again pressed the Union Government to consider their proposals for the coming Budget, including an increase of Rs 50,000 crore in the Central Plan outlay to meet the commitments made in the Common Minimum Programme. ... More

Cognizant Tech to invest $76 m more, hire 7,200
Cognizant Technology Solutions plans to invest $76 million in setting up new development centres and expanding the existing ones across India during 2005 and 2006. The company is investing close to Rs 130 crore in its new centre in Bangalore, ... More

Scheme to unearth black money without any change in law likely
EVEN while admitting that there is actually no real deterrent to generation of black money in the economy at the moment, given the lack of administrative muscle required to root out the menace, the UPA Government, it is learnt, may not be averse ... More

SEBI extends unique ID deadline
THE Securities and Exchange Board of India has extended the deadline for individual investors' requirement of the Unique Identification Number (UIN) to December 31, 2005. According to the earlier SEBI notification, all individual investors need ... More



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