Kochi Startup Village to have 2,000 IT firms
September 18th, 2012 - 7:31 pm ICT by IANS
Thiruvananthapuram, Sep 18 (IANS) Kerala Chief Minister Oommen Chandy Tuesday said that in three years, 2,000 IT firms will be incubated at the Startup Village in Kochi, which has already ... Read more...
Posted in Sci-Tech |
Villagers demand toll tax waiver at Yamuna Expressway
August 16th, 2012 - 3:08 pm ICT by IANS
Lucknow, Aug 16 (IANS) Hundreds of farmers supported by the Bharatiya Kisan Union (BKU) activists staged a sit-in at the Greater Noida-Agra Yamuna Expressway Thursday and blocked traffic, demanding a ... Read more...
Posted in Business |
Myanmar invites foreign firms to explore oil, gas
July 19th, 2012 - 12:38 pm ICT by IANS
Yangon, July 19 (IANS) Myanmar, which has vast reserves of oil and gas, is inviting foreign firms to explore them in 23 offshore blocks.US and European companies may accept the ... Read more...
Posted in South Asia |
Ethiopia seals deal with India to avoid double taxation
April 6th, 2012 - 12:59 pm ICT by IANS
Addis Ababa, April 6 (IANS) Ethiopia has signed double taxation avoidance pacts with four countries, including its growing trading partners India and China.The agreements, also with Sudan and Egypt, were ... Read more...
Posted in World |
Exhibitions light up eighth edition of India-Africa conclave
March 21st, 2012 - 1:37 am ICT by IANS
New Delhi, March 20 (IANS) Around 40 stalls and exhibitions from India and various African countries showcasing opportunities in infrastructure, automobiles, clean energy solutions, handicrafts and tourism greeted some 1,100-odd ... Read more...
Posted in Business |
Nestle India’s full year net profit up 17.45 percent
February 14th, 2012 - 11:04 pm ICT by IANS
New Delhi, Feb 14 (IANS) Fast moving consumer goods (FMCG) major Nestle India Tuesday reported a rise of 17.45 percent in its full year (2011) net profit, which stood at ... Read more...
Posted in Business |
Mamata lashes out at Congress, central government
January 30th, 2012 - 7:41 pm ICT by IANS
Kolkata, Jan 30 (IANS) Lashing out at the Congress-led United Progressive Alliance (UPA) for overlooking the financial interests of the state, West Bengal Chief Minister Mamata Banerjee said her ... Read more...
Posted in Uncategorized |
West Bengal cable TV equipment makers seek tax holiday
January 12th, 2012 - 6:12 pm ICT by IANS
Kolkata, Jan 12 (IANS) Cable TV equipment makers and traders Thursday sought tax holiday from the West Bengal government for paving the way for digitisation of cable TV network ... Read more...
Posted in Business |
Bharti Airtel’s quarterly net profit drops
August 3rd, 2011 - 3:31 pm ICT by IANS
Mumbai, Aug 3 (IANS) Telecom major Bharti Airtel Wednesday reported a 25.8 percent fall in its net profit at Rs.1,432.3 crore for the quarter ended June 30, according to Indian ... Read more...
Posted in Business |
India to be third largest investment destination for renewables this year: KPMG
June 8th, 2011 - 2:57 pm ICT by IANS
New Delhi, June 8 (IANS) India is the third most favoured destination globally for investments in the renewable energy sector and will also be a major source of new ... Read more...
Posted in Business |
Stop FDI, says Bangladesh’s garments industry
May 6th, 2011 - 1:11 pm ICT by IANS
Dhaka, May 6 (IANS) Bangladesh's readymade garments industry, the country's highest foreign exchange earner, has demanded that the government stop all foreign direct investment (FDI) as it is "unable to ... Read more...
Posted in Business |
‘Tax waiver must for food packaging sector’
May 2nd, 2011 - 2:33 pm ICT by IANS
New Delhi, May 2 (IANS) High taxes on packaging materials used by the Indian food processing industry is not only hampering the growth of the sector domestically but also ... Read more...
Posted in Business |
IT sector slams budget on ‘retrogade’ taxes
February 28th, 2011 - 9:59 pm ICT by IANS
Bangalore, Feb 28 (IANS) The resilient IT industry Monday slammed the budget for 2011-12 for imposing minimum alternate tax (MAT) on Special Economic Zone (SEZ) units and withdrawing the tax holiday on ... Read more...
Posted in Business |
Kingfisher launches flight to Taj city from Delhi (Lead)
October 31st, 2010 - 11:37 pm ICT by IANS
Agra, Oct 31 (IANS) Kingfisher Airlines' inaugural Delhi-Agra flight Sunday arrived at the city of the majestic 17th century Taj Mahal but an hour late, a travel agency official said.Flight 4367, ... Read more...
Posted in Business |
Senate Republicans allow India to momentarily breathe easy on outsourcing front
September 29th, 2010 - 2:56 pm ICT by ANI
Washington, Sept.29 (ANI): India, a key outlet for global outsourcing, especially from the United States, has been given some breathing space with Senate Republicans on Tuesday blocking a Democratic plan to encourage ... Read more...
Posted in World |
Mamata Banerjee talks of special package for Darjeeling
September 28th, 2010 - 1:29 pm ICT by ANI
Darjeeling, Sep 28 (ANI): Railway Minister and Trinamool Congress chief Mamata Banerjee emphasised that she would urge Prime Minister Manmohan Singh to visit the hills in West Bengal and offer special ... Read more...
Posted in National |
Generate power, don’t pay tariff
September 12th, 2010 - 6:36 pm ICT by IANS
Chandigarh, Sep 12 (IANS) Consumers in Haryana who generate their own electricity from solar or captive power plants will get a three-year tax holiday, it was announced here Sunday.
The Haryana Power Utilities ... Read more...
Posted in Business |
TRAI To Implement Digital Addressable Cable TV Systems In India By 2013
August 10th, 2010 - 9:30 pm ICT by Sampurn Wire
August 10, 2010 (Sampurn Wire): The Cable Television in India is going to be digitalized as the Telecom Regulatory Authority of India (TRAI) is planning to execute the Digital Addressable ... Read more...
Posted in Entertainment |
Telecom regulator recommends digital broadcast by 2013
August 5th, 2010 - 8:15 pm ICT by IANS
New Delhi, Aug 5 (IANS) The Telecom Regulatory Authority of India Thursday recommended that all analogue signals be phased out by 2013 to allow consumers to watch high quality digital channels of ... Read more...
Posted in Business |
Currency volatility to weaken rupee further: Infosys
July 13th, 2010 - 7:49 pm ICT by IANS
Bangalore, July 13 (IANS) Rupee would continue to depreciate against the dollar due to cross currency volatility in the global markets and India's huge trade deficit, a senior executive of Infosys Technologies ... Read more...
Posted in Business |
Canada’s Bengal Energy gets Cauvery hycrocarbon block
July 1st, 2010 - 3:30 pm ICT by IANS
By Gurmukh Singh
Toronto, July 1 (IANS) Canada-based Bengal Energy has been awarded a contract by India for a hydrocarbon drilling and exploration block in the Cauvery basin, which spans Karnataka and Tamil ... Read more...
Posted in Business |
Government committed to overall growth of all states
May 8th, 2010 - 12:30 am ICT by IANS
Chandigarh, May 7 (IANS) Commerce and Industry Minister Anand Sharma Friday said that there was nothing wrong in providing benefits to the industries in hill states like Himachal Pradesh and Uttaranchal, and ... Read more...
Posted in Business |
American Senate Approves The Jobs Bill Designed To Diminish Joblessness
March 18th, 2010 - 11:39 pm ICT by Pen Men At Work
Mar 18 (Pen Men at Work): Businesses that take into service jobless people will obtain a provisional payroll tax holiday. This is on the word of a bill that effortlessly achieved ... Read more...
Posted in Business |
Tax holiday extended to boost CWG hotel projects
March 11th, 2010 - 5:42 pm ICT by IANS
New Delhi, March 11 (IANS) A tax holiday granted to the hotel industry has been extended by three months to speed up the completion of the Commonwealth Games hotel projects that had ... Read more...
Posted in Sports |
UPA discriminating against Punjab: Sukhbir Badal
March 10th, 2010 - 10:41 pm ICT by IANS
Chandigarh, March 10(IANS) Punjab Deputy Chief Minister Sukhbir Singh Badal Wednesday alleged that the Congress-led United Progressive Alliance (UPA) government has been discriminating against the state in the sharing of central taxes.
"Despite ... Read more...
Posted in Business |
‘Non-extension of tax benefits to hit smaller IT firms’
February 26th, 2010 - 8:33 pm ICT by IANS
Bangalore, Feb 26 (IANS) The Indian IT industry Friday expressed disappointment over the absence of incentives for small and medium IT businesses and resented the three percent increase in MAT (minimum alternative ... Read more...
Posted in Business |
‘Hike in MAT will impact smaller IT firms’
February 26th, 2010 - 6:31 pm ICT by IANS
Bangalore, Feb 26 (IANS) The three percent increase in minimum alternative tax (MAT) to 18 percent from 15 percent for the next fiscal in the budget would impact small and medium ... Read more...
Posted in Sci-Tech |
Mauritius not tax haven: Vice Prime Minister (Lead)
January 19th, 2010 - 8:00 pm ICT by IANS
New Delhi, Jan 19 (IANS) Mauritius should not be singled out by India in its attempt to curb tax avoidance as the African nation's image as a financial haven is ill-placed, ... Read more...
Posted in Business |
Mauritius not tax haven: Vice PM
January 19th, 2010 - 4:47 pm ICT by IANS
New Delhi, Jan 19 (IANS) India should not single out Mauritius in its attempt to curb tax avoidance as the African nation's image as a financial haven is ill-placed and distorted, according ... Read more...
Posted in Business |
Assocham for tax holiday for five-star hotels
November 25th, 2009 - 7:29 pm ICT by IANS
New Delhi, Nov 25 (IANS) The Associated Chambers of Commerce and Industry of India (Assocham) has called for a five-year tax holiday for all hotels including five-star establishments, especially in Delhi and ... Read more...
Posted in Business |
Anand Sharma unveils foreign trade policy
August 27th, 2009 - 3:14 pm ICT by ANI
New Delhi, Aug 27 (ANI): Union Commerce and Industry Minister Anand Sharma on Thursday announced a new foreign policy for the next five years which aims at an export target for 2010-11.He ... Read more...
Posted in National |
Metro accidents happened due to unskilled labour
July 24th, 2009 - 5:26 pm ICT by IANS
New Delhi, July 24 (IANS) Lack of skilled labour may have contributed to the recent accidents at Delhi Metro construction sites that claimed seven lives, a senior government official said here Friday.
"The ... Read more...
Posted in Business |
India to resume roadshows for hydrocarbon assets auction
July 7th, 2009 - 9:32 pm ICT by IANS
New Delhi, July 7 (IANS) India will resume road shows for its latest round of auction of hydrocarbon assets, with the finance minister announcing in the union budget that tax holiday would ... Read more...
Posted in Business |
Software sector hails tax holiday extension
July 6th, 2009 - 8:58 pm ICT by IANS
Bangalore, July 6 (IANS) India's software sector Monday welcomed the extension of tax holiday on export profits to 2010-11 from this fiscal, rationalisation of multiplicity of taxes on packaged software and ... Read more...
Posted in Business |
India extends tax holiday for natural gas production
July 6th, 2009 - 2:17 pm ICT by IANS
New Delhi, July 6 (IANS) In a bid to give a fillip to the current round of auction of hydrocarbon assets, Finance Minister Pranab Mukherjee Monday extended the tax exemption on ... Read more...
Posted in Business |