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Thursday, March 05, 2009
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WEB EXTRAS

INFRASTRUCTURE: Tax relief for services done outside SEZs too
Exemption window replaced by refund mechanism. New Delhi, March 4 Services rendered from outside special economic zones (SEZs) to developers/units in such zones will now be entitled for service tax relief. The benefit would flow in the form of ...

MERGERS & ACQUISITIONS: Add DA edge to financial metrics
Does DA or ‘decision analytics’ have the potential to play a key role in deal-making? Yes, avers Mr Phani Nagarjuna, Chairman and CEO of Nuevora ( ...

FOREIGN DIRECT INVESTMENT: Directive on foreign indirect investment
Press Note 2 dated February 13, 2009, of the Department of Industries has stirred a hornet’s nest by giving the impression that the Government has decided to brook indirect foreign investments even though they could have the effect ...

CORPORATE GOVERNANCE: Balancing conformance and performance
Significant efforts to improve corporate governance worldwide gained momentum with a series of corporate scandals. The IFAC (International Federation of Accountants) report on Rebuilding Public Confidence in Financial Reporting does an ...

ECONOMIC OFFENCES: Protecting auditors
One of the lighter definitions of auditors is one who arrives after the battle and bayonets the wounded. The Satyam saga has put the profession in the public glare and everyone appears to be in damage-control mode. The action has now shifted to ...

REGULATORY BODIES & RULINGS: Insurers told to lower limit for premium payments in cash
Hyderabad, March 4 The insurance premium payments in cash may now be tougher as the Insurance Regulatory and Development Authority (IRDA) has asked the insurance companies to work on lower limits for ...

PROMOTIONS & OFFERS: SpiceJet offer: ‘Book for two pay for one’
Mumbai, March 4 SpiceJet announced a two-day promotional offer on Wednesday under SpiceJet Happy Hours called “Book for 2 pay for 1”. This is valid for booking on March 4 to 6, ...





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Markets (March 04)
Nifty (at close)2645.20(+22.80)
US Dollar (Buy/Sell)51.54/55
Brent crude (a bbl) Rs2,233
Gold (a gram) Rs1,395
Silver (a kg) Rs23,010


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