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Saturday, May 02, 2009
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WEB EXTRAS

OUTLOOK: DLF Q4 net plummets 93% on demand slump
DLF Ltd’s consolidated net profit fell 93 per cent for the fourth quarter ended March 2009, hurt by reduced demand for property, price resets and suspension of sales to DLF Assets Ltd ...

FOREX: Exports plunge 33% in March
Decline for six months in a row. New Delhi, May 1 Merchandise exports declined 33.22 per cent in March to touch $11.52 billion, the lowest performance in the three months of fourth quarter ...

COURTS/LEGAL ISSUES: An order bereft of reasons
The Income-Tax Appellate Tribunal (ITAT) is the second tier appellate authority under the I-T Act and no appeals against its orders can be filed before the High Court on issues involving facts. The Tribunal is, thus, the last hope for relief ...

INFRASTRUCTURE: Tax holiday for banks in SEZs
Section 80LA of the Income-Tax Act confers a 10-year tax holiday for banks located in Special Economic Zones (SEZs) with the first five years begetting them tax immunity on 100 per cent of such profits and the next five years on 50 per cent of ...

PERFORMANCE: Supplyco improves sales turnover despite slowdown in retail sector
The recessionary trend being witnessed in the retail sector seems to have not made any impact on the business of Supplyco, the biggest retail chain in the public sector with more than 2,700 outlets in the State, even as the company had posted ...





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Markets (April 30)
Nifty (at close on Apr 29)3,474(+111.65)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,540
Gold (a gram) Rs1,350
Silver (a kg) Rs21,980


In Focus
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Mandate 2009

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Private life insurance cos rationalising branch network


Future Generali Life plans rural market push

Surplus seen in copper till 2010

Af-Pak strategy: Logistic nightmare

Income disguised as credits

Q4 turns worst ever for DLF on property slump, liquidity crunch

Looking back
Apr. 19-Apr. 25
‘There is huge opportunity for credit rating business’

‘Congress will get 36 Lok Sabha seats from AP’

Hiring dropped in March: Naukri

‘Mobile users rate network quality ahead of tariff’

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IBA to come up with norms on compromise settlement of loans

Smartbuy



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