WEB EXTRAS
DIVIDEND ANNOUNCEMENT
Cos may not rush in for interim dividends
Dividend distribution tax proposal comes into effect from April 1
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CEMENT
`Hold the price line'
Chidambaram tells industry
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EXCISE AND CUSTOMS
Hike in excise duty on cigarettes may lead to shifting of brands
While the tobacco companies were not willing to comment offhand on the Budget proposal to raise specific rates of excise duty on cigarettes by about 5 per cent, industry watchers in the know told Business Line that it may not have too high ...
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PETROLEUM
Oil India IPO likely by Oct
Oil India Ltd (OIL) hopes to tap the capital market by October. OIL, Director (Finance), Mr T.K. Ananth Kumar, said the company has proposed a 10 per cent float to the Government and hoped to get the mandatory approvals by March-April this ...
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CARS
Tata Motor's UV range posts highest sales in February
The company reports total sale of 53,707 vehicles (including exports) for February 2007
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GOLD & SILVER
Benchmark Gold ETF launch on NSE in a few weeks
The country's first Gold Exchange Traded Fund (Gold ETF), promoted by Benchmark Asset Management Company, has managed to collect a corpus of Rs 100 crore. The ETF is expected to be launched on the National Stock Exchange in a couple of weeks' ...
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INDUSTRY ASSOCIATIONS
CII meet on urban planning
The Confederation of Indian Industry (CII), Coimbatore, is organising a `Conference on Urban Planning and Construction for the Future' (ConNext 2007) here on March 2 and 3 to discuss the issues that have a bearing on the preparation of a master ...
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COMMODITY MARKETS
Cardamom rules steady
Good buying on fears of demand-supply gap
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ROADWAYS
`Higher outlay for NHDP welcome'
Mr Vineet Agarwal, Executive Director of Transport Corporation of India: "The announcement of the increased outlay for the National Highway Development Programme is welcome but the thrust should be on the development of access-controlled ...
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INCOME TAX
A fund of changes for financial services
There are no major amendments or changes relating to direct or indirect tax affecting the financial services industry. The overall increase in corporate tax rates would apply to this industry too. The changes that have a bearing on this industry ...
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Sizing up transfer pricing regime
In India no separate assessment order of transfer pricing adjustment is required to be issued, as the order passed by the transfer pricing officer (TPO) merges with the assessment order passed by assessing officer (AO). Hence, the time limit for ...
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