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CORPORATE
TAXATION:
India Inc pays 20% more advance tax on strong showing
Corporate TDS collections sluggish. A pick-up in sales and extensive cost-cutting has shored up India Inc's profits in the current fiscal, leading to a 20 per cent increase in the advance tax payout up to the December ...
TAXATION:
Top 10 payout up 14%
ITC, Punjab National Bank and Deposit Insurance & Credit Guarantee Corporation have entered the top ten advance taxpayers' league for the period up to December 15 instalment ...
ALLIANCES & JOINT VENTURES:
Italian cheers for Sangli
DEALS OVER WINE. A joint venture agreement that has been signed between a Sangli-based winery and two Italian wine companies may bring more than just the first overseas investment in ...
ENVIRONMENT:
Parle green campaign in Madurai
Parle Products has launched “Parle My Green Planet”, a plantation drive to go green, in Madurai. The initiative is to reach out to 5,000 schools across 70 plus towns and cities with the aim of reducing wastage of plastic, ...
OUTLOOK:
Reva looks to drive into commercial vehicle space
In talks with global, domestic players for tie-ups. Electric vehicle manufacturers Reva Electric Car Company is looking to enter the commercial vehicle and three-wheeler segments through the ...
CORPORATE GOVERNANCE:
You can be a director in only 7 cos, says Ministry
Mandatory rotation of audit firm, partner. The Corporate Affairs Ministry has endorsed the recommendation of the Institute of Company Secretaries of India (ICSI) that the maximum number of listed companies where one can be a director be ...
OUTLOOK:
TVS Motor plans diesel version of autorickshaw
TVS Motor plans to come out with a diesel version of its autorickshaws over 18-24 months targeting the semi-urban and rural segment in the ...
OUTLOOK:
Fortis to spend Rs 250 cr for Mumbai, Kolkata hospitals
Ongoing expansion projects will add 600 beds. Fortis Healthcare, post-acquisition of 10 hospitals from the Wockhardt group, will spend around Rs 250 crore to complete the ongoing hospitals in Mumbai, Kolkata ...
NEW PROJECTS:
Leonia to commission convention centre, expand its hotel
Leonia Holistic Destination is set to commission Leonia International Convention and Exhibition Centre (LICEC) near here, which it claims would be the country's largest such facility with a capacity to host over 6,000 people at ...
ALLIANCES & JOINT VENTURES:
Salzer ties up with city corporations for energy-saver device
The Coimbatore-based Salzer Electronics Ltd (SEL) expects the Coimbatore Corporation to cut its energy bill for street lights by about Rs 2 crore a year due to installation of the energy-saver device under a build, operate and transfer ...
MERGERS & ACQUISITIONS:
Proxy advisers cast their lot with Sun
With days leading to Taro Pharmaceutical's annual shareholder meet on December 31, Proxy Governance Inc, a proxy advisory firm, has recommended that Taro shareholders withhold their votes for the re-election of Taro's existing board of ...
MERGERS & ACQUISITIONS:
Nava Bharat arm takes 65% in Zambian co
Nava Bharat (Singapore) Pte Ltd has signed a share sale and purchase agreement with the Zambian Government for acquiring 65 per cent stake in Maamba Collieries ...
MANAGEMENT:
‘Leaders must consider long-term responsibilities while taking decisions'
Lord S.K. Bhattacharyya of Warwick Manufacturing Group of the University of Warwick, UK, on Monday lambasted the political leadership of West Bengal, both in the Government and in opposition, for all that happened ...
EVENTS:
India needs its innovative edge
Technological innovation in Indian industry could suffer if faculty in academic institutions here do not interact with their peers as much as they should, according to Mr James E. Smith, SAE President and Chairman of the Board, ...
OVERSEAS INVESTMENTS:
Mahindra Yueda rolls out plans for China
Mahindra & Mahindra said its joint venture company with Yueda Group — Mahindra Yueda (Yancheng) Tractor Company — will set up a research and development centre, manufacturing plants for engines, and also modernise ...
SOCIETY & DEVELOPMENT:
Hind Zinc pact with Rajasthan to upgrade Heart Hospital
Hindustan Zinc, part of the London Stock Exchange-listed Vedanta Group, has signed a memorandum of understanding (MoU) with the Rajasthan Government to upgrade the Vedanta Hindustan Zinc Heart Hospital ...
ANNOUNCEMENTS:
Ranbaxy to launch Daiichi Sankyo's BP drug in Africa
Ranbaxy Laboratories Ltd on Monday said that it will market an antihypertensive originally, discovered by Daiichi Sankyo, in six African countries: Kenya, Mozambique, Nigeria, Tanzania, Uganda, ...
CORPORATE GOVERNANCE:
J.J. Irani stresses role of internal audit
There should not be nexus between top management and bureaucrats and politicians as it might lead to poor corporate governance practices, according to Dr Jamshed J. Irani, Director, Tata ...
DIVIDEND ANNOUNCEMENT:
GAIL declares 20% interim dividend
GAIL (India) Ltd has declared a 20 per cent interim dividend for the financial year 2009-10. In a statement issued here the company said that its Board of Directors, in a meeting on Monday, approved the payment of the ...
AWARDS & HONOURS:
Nominations open for Essar infrastructure award
Essar Steel has commenced nomination for the second edition of the Essar Steel Infrastructure ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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