Business Daily from THE HINDU group of publications
Saturday, February 07, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, February 07, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS DIVIDEND ANNOUNCEMENT: Ambuja Cement net down 21 pc Power and fuel costs jump 30%. Mumbai, Feb. 6 Ambuja Cement on Friday reported a drop of 21 per cent in net profit at Rs 1,402 crore in the year ended December 2008, against Rs 1,769 crore recorded the previous ... TAXATION: Challenge of recession to aggressive transfer pricing Across the globe, there has been a substantial increase in transfer pricing (TP) audits and disputes, observes Mr Rohan K. Phatarphekar, Executive Director & National Head, Global Transfer Pricing Services, KPMG ... EXPORTS & IMPORTS: Karur home textile units see 35% drop in US exports Coimbatore, Feb. 6 The textile and clothing industry is in a paradoxical situation today. Said to be the worst victim of the global economic crisis, the industry, which registered huge investments of over Rs 1-lakh-crore over the last ... INSIGHT: Unabsorbed depreciation Depreciation denotes diminution in value of asset due to its use. Depreciation is allowable where the taxpayer has income under the head ‘business or profession’ or has income from ‘other ... ECONOMY: Venture capitalists see slowdown Ahmedabad, Feb. 6 Venture capitalists are seeing a slowdown in business activities due to the economic slowdown, but it is definitely not a dry season, said Mr Kanwal Rekhi, Managing Director, Inventus Capital ... REAL ESTATE & CONSTRUCTION: Gopalakrishna Raju granted bail Hyderabad, Feb. 6 A magistrate court, on Friday, granted bail to Mr D. Gopalakrishna Raju, former General Manager of SRSR Advisory Services, on the condition that he surrender his passport and not leave the city without the permission of ... REGULATORY BODIES & RULINGS: Debt allocation to FIIs by open bidding: SEBI Mumbai, Feb. 6 Allocation of $8 billion of debt to foreign institutional investors will be done by open bidding and not on a first-come first-served basis as it is currently, said a ... NEW PROJECTS: M J Logistic setting up centre on Delhi-Agra highway Kolkata, Feb. 6 M J Logistic Services Ltd, a third party logistics solutions provider, is setting up a logistics centre at Palwal on the Delhi-Agra highway, according a press release issued by the ... DIVIDEND ANNOUNCEMENT: Why dividend should be on net worth The Securities and Exchange Board of India (SEBI) has decided to call upon listed companies to express dividend not as a percentage of the par value of a share as hitherto but in absolute terms, that is, as so many rupees per share. The debate ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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