INDIA BUSINESS WORLD - MAY - JUNE 2007

The Month that was ...

News & important developments from the most prospective of the New World markets……. India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.

BUSINESS NEWS

PERSONAL COMPUTER SECONDS MARKET IS BOOMING: Second hand computers (both, branded and assembled) cost a fraction of the cost of new ones making them affordable for a large segment... More...

EMPLOYERS NOW CAN ISSUE E-TDS FORM: The income tax department has allowed employers to provide digitally-signed statements of tax deducted at source to their employees... More...

IDEA SIGNS $500 M NETWORK EXPANSION DEAL WITH NOKIA: IDEA Cellular, India's sixth largest operator, has inked a $500 million network expansion contract with Nokia Siemens... More...

FEUDING BROTHERS LEAVE PATNI VULNERABLE TO SUITORS: Cracks have developed between the three Patni brothers, the founder promoters who together own close... More...

EXTERNAL COMMERCIAL BORROWINGS NORMS TIGHTENED: Hit by the sustained price rise in the economy, the government took steps to restrict the flow of foreign funds into the country by tightening norms... More...

HINDALCO CLEARS LAST HURDLE FOR NOVELIS BUY : The final step for acquiring Novelis has been completed. The Ontario... More...

BAN OF NOVARTIS ZELNORM DRUG: Generic versions of Novartis' Zelnorm a widely used drug to treat... More...

RESERVE BANK OF INDIA EXTENDS HOLDING PERIOD TO 6 MONTHS FOR UNUSED FOREX WITH INDIVIDUALS: Indians can now wait up to six months before... More...

DABUR RESTRAINED FROM USING GLUCOSE D : The Supreme Court has granted Heinz's plea to restrain Dabur from using a Glucose... More...