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WEB EXTRAS
COURTS/LEGAL ISSUES:
Apex court allows TVS to sell ‘Flame’
New Delhi, Sept. 16 In a breather to two-wheeler major TVS Motor Company, the Supreme Court on Wednesday permitted it to manufacture and sell its 125-cc ‘Flame’ model motorcycles that allegedly uses the so-called ...
OUTLOOK:
States agree on dual goods, services tax structure
With the deadline of April 1, 2010 for the introduction of Goods and Services Tax looming before them, States agreed on Wednesday to have two basic rates for the new tax system, including a standard rate and a lower one for essential commodities, ...
OUTLOOK:
Low credit to bank performance
‘NO-FRILLS’ ACCOUNT. Mumbai, Sept. 16 The financial inclusion drive by banks through the opening of ‘no-frills’ accounts leaves a lot to be desired, especially in the case of the urban ...
REAL ESTATE & CONSTRUCTION:
Cracks in house property regime
The tax on income from house property has all along been on one’s potential income and not on one’s actual income unless the latter happens to be greater than the former. The Direct Taxes Code (DTC) does not resile from this position ...
NON-CONVENTIONAL ENERGY:
GE plans wind turbine unit in South India
Yet to decide on location, investment. Hyderabad, Sept. 16 General Electric will be setting up its first wind turbine manufacturing plant in India, as the company’s local arm gears to acquire or partner with domestic firms as well as set ...
POLICY:
Conversion of company into LLP
The Limited Liability Partnership Act, 2008 ] was enacted by Parliament and received the assent of the President on January 7, 2009. The LLP Act was notified on March 31 and the first limited liability partnership was registered on April 2; as ...
PUBLIC SECTOR BANKS:
PNB, Oriental Bank offer sops on retail loans
New Delhi, Sept. 16 With the festival season round the corner and the dispersal of retail loans on a high, banks are now gearing up to provide sops to entice more ...
PSU:
BSNL bids for Lanka business of Millicom
New Delhi, Sept 16 Bharat Sanchar Nigam Ltd has put in a bid for the Sri Lankan operations of Luxembourg-based Millicom International Cellular ...
OUTLOOK:
Tile-makers yet to see full turnaround
Mumbai, Sept. 16 While real-estate developers have been reporting higher sales since May, tile-makers are yet to benefit from ...
BRANDS:
PepsiCo to launch lifestyle merchandise
New Delhi, Sept. 16 Boosted by the success of its licensing programme globally, beverage major PepsiCo will shortly roll out its range of merchandise in ...
OUTLOOK:
Rains to continue over South
The three days ending Monday next would see fairly widespread rainfall with isolated heavy falls over south peninsular peninsula India and the North-Eastern ...
OUTLOOK:
Rubber output shortfall unlikely to be bridged
Aged trees, global warming cited as reasons. However, Mr Sajen Peter said that while aged trees was one of the reasons for this, it was mainly climatic factors such as like global warming and rise in average temperatures in producing countries, ...
COMMODITY MARKETS:
Pepper futures continue to fall on bearish trend
Kochi, Sept. 16 Pepper futures continued their downfall on Wednesday on bearish activities despite the fundamentals remaining strong. Domestic demand has started picking ...
CONSUMER FINANCE:
Tata Capital to raise Rs 2,100 cr by next fiscal
New Delhi, Sept.16 Tata Capital Ltd announced on Tuesday that it would scale up its consumer finance and advisory business (CFAB) and raise Rs 2,100 crore in Tier II capital by the end of March ...
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