YOU may soon be able to tuck away Rs 50,000 more into saving schemes eligible for tax breaks, and thus save up to Rs 15,000 in taxes More

IF LIFE insurers can convince the finance ministry, investments in long-term insurance policies with maturities beyond 10 years may receive special income-tax incentives More

IN A development that is certain to aggravate the quota woes of the Manmohan Singh government, the Supreme Court on Wednesday asked the More

The Supreme Court on Wednesday did away with the ‘merit only’ requirement for the ‘all India quota’ for postgraduate seats in government medical colleges More

PUNJAB National Bank (PNB) has got approval from board to raise capital by selling 6.8% of government’s stake to fund overseas expansion and meet Basel More

THE economy has been growing faster than you thought — the country’s gross domestic product (GDP) hit 9% in 2005-06 against the advance estimates of More

POWER consumers may be in for some rude shocks on the tariff front. The government has proposed bringing the power transmission and distribution industry under the More

BUYING a new home may turn out to be more expensive. This is not because of any hike in home loan rates. It is just the fact that builder More

BANK shares ended mixed in a weak broader market on Wednesday after the Reserve Bank of India (RBI) surprised markets by raising only the repo rate More

EXPORTERS of labour-intensive items like leather, value-added marine products, handicrafts and sports goods — which were promised tax sops by the Centre last year More

FINANCE ministry has decided not to release entire amount of proposed Rs 2,10,000 crore gross budgetary support (GBS) to the ministries as part More

IN AN indication of the growing ties between India and the US, the US embassy here expects to issue 8 lakh visas this year, a jump of 3 lakh from last year. More

WITH the UPA’s quota decision causing upper-caste unease about the Congress, the goverment on Thursday attempted to contain the dissatisfaction by granting a More

MUMBAI: Eros International has acquired the global distribution rights to India’s first full-length 3D animation film, Friends Forever. Friends More

MILLIONS of cricket lovers in non-cable households will now be able to watch the live-action of all one-day matches featuring the Indian cricket team, both More

DEFENDING the latest ordinance which makes sharing live sports feed mandatory for private broadcasters, information & broadcasting minister PR Dasmunsi More

NEW DELHI: The Delhi High Court on Thursday extended its interim stay on award of contract by state-run BSNL for its Rs 20,000 More

TO SUSTAIN healthy economic growth, the government has launched intensive efforts to clear dozens of new laws and amendments to existing laws More

ANIL Ambani’s power distribution company (distcom) BSES Yamuna Power has challenged a government panel decision exposing its functioning More

THIS is one tax break the government would love to dump but will end up truncating instead: exempting capital gains on real estate if they are invested More

IN A relief to Hyderabad-based pharma company Hetero Drugs, the Supreme Court on Friday gave it the green signal to manufacture 1% Nadifloxacin cream More

THE World Trade Organisation (WTO) will review India’s trade policy this May after a gap of more than four years More

In order to meet the increasing costs of education, banks have devised schemes to provide education loans. Students needing an education loan should More

CHIEF Justice of India K G Balakrishnan has asserted that there is no limit to judicial review and that any parliamentary legislation can be challenged More

NEW DELHI: The Delhi High Court has restrained Wyeth Limited, manufacturer of hair removal cream Anne French, from manufacturing and selling its products More

LONDON: A forum representing thousands of highlyskilled Indian migrants, affected by recent changes in British Immigration law, will move HC here on More

AFTER proposing relaxation of FDI norms for commodity exchanges, aviation and petroleum, the government is considering further opening up the capital goods More

THE government is set to exceed the target of Rs 34,500 crore for service tax for this fiscal by close to Rs 6,000 crore on the back of buoyant collections in an economy poised to grow at over 8.5%. More

THE German ministry for economic cooperation and development has decided to give India $7.8 million for climate change adaptation activities. The money would be More

THE Punjab University has moved the Supreme Court seeking recovery of Rs 22.53 crore from a PSU MF in lieu of its investments made in 1998 More

THE Reserve Bank of India is still waiting to be empowered to change cash reserve ratio (CRR) rates despite an amendment in the RBI Act. More

YOU may now turn a senior citizen five years too soon. Budget 2007-08 is set to redefine senior citizens of the country by reducing their qualifying age More

I-T exemption of up to Rs 1,85,000 Interest rate of 9.5% on bank deposits More

THE CAUVERY Water Disputes Tribunal’s final verdict has granted Tamil Nadu 419 thousand million cubic feet (tmcft) of water out of the 740 tmcft More

THE long running dispute stemming from Burren Energy’s acquisition of Hindustan Oil Exploration (HOCL) has reached the Supreme More

floating rate while fixedrate home loans will carry an interest rate of 12.5%. With this hike, the monthly installment on a Rs 1 lakh loan for 20 years goes up by More

THE SUPREME court has asked the J M Lyngdoh committee, which had suggested measures to cleanse students’ union elections, to now More

SOME of the bidders for Daewoo Motors’ have moved the court, objecting to a part-cash, part-securities More

INDIA Inc wants early implementation of Food Safety and Standards Act of 2006, which will have a major impact on consumers, processed food More

THE Department of Telecom (DoT) has sought the Telecom Commission’s nod to impose a combined fine of Rs 400.15 crore on seven telecom More

INDIA will join the Madrid Protocol on international registration of trademarks. The decision was taken by the Cabinet on Thursday More

THE National Bank for Agriculture & Rural Development (Nabard) has sanctioned Rs 460 crore for J&K under Rural Infrastructure Development Fund More

THE government has set up a committee under the chairmanship of coal secretary to deliberate and evolve a policy for the allocation of coal More

NEW DELHI: The Delhi High Court has directed computer education institute Park Infosys not to use the word Infosys in its name as it is a registered More

ADECADE ago, in 1997, finance minister P Chidambaram’s dream budget saw the abolition of the surcharge on corporate tax and a cut in the corporate tax More

NEW DELHI: In a reprieve to an earlier SAT order, the Supreme Court (SC) has allowed Bank of Rajasthan (BoR) to raise capital, subject to regulations in accordance with law More

THE finance minister P Chidambaram is expected to announce a Rs 2,200-crore package for small-scale industries (SSIs) in the Budget this month. Excise More

TAKING exception to the huge number of ordinary cases reaching it, the Supreme Court on Monday said that high courts should be the last court of redressal of such grievances. The apex court should be left to deal with constitutional issues More

THE SUPREME Court on Monday sought an explanation from the centre as to why its Central Education Institution (Reservation in Admission) Act More

A PARLIAMENTARY committee is likely to meet shortly to take up the issue of imposing uniform stamp duty on the issue of bond paper More

THE Supreme Court on Monday issued notice to RS Lodha on a petition moved by KK Birla, BK Birla and Yashovardhan Birla challenging a Calcutta high court More

THE SUPREME Court on Tuesday reserved its order on a PIL which sought an independent inquiry into the alleged amassing of unaccounted wealth More

ABRUSSELS court said Google violated copyright laws by publishing links to Belgian newspapers without permission and ordered the company to remove More

THE Mulayam Singh Yadav government in Uttar Pradesh suffered a jolt when the supreme court on Wednesday disqualified 13 breakaway More

CALCUTTA High Court on Wednesday quashed the prohibitory orders under section 144 CrPC at Singur, making it possible for all and sundry to visit More

THE SUPREME Court on Thursday asked the chief justice of the Chhattisgarh high court to change the trial court judge hearing More

NEW DELHI: In a judgement that could further escalate electricity tariff in the Capital, the Supreme Court on Thursday upheld the plea of power discoms More

THE government has drafted a Bill to amend the Trademarks Act in order to bring international trademarks within its ambit More

NAGARJUNA Construction Company (NCCL) has made a foray into port development business by bagging the Rs 1,200-crore More

INDIVISION Capital, the private equity arm of Kishore Biyani’s Future Group, is close to sealing three deals worth $35 million More

BANGALORE: Wipro Technologies has been awarded the Dale Carnegie Global Leadership Award for 2007 in recognition of the development of its More

DABUR Pharma on Thursday said it is making an exit from the non-oncology business and is selling it off to Alembic for a consideration of Rs More

THE government will buy out RBI’s 59.7% stake in the country’s largest bank, State Bank of India (SBI), in a cashless transaction with the Union Cabinet approving More

SALEM Steel Plant (SSP) has bagged a Rs 117-crore order for supplying 11,300 tonnes of ferritic stainless steel strips to the government’s mint in Kolkata. More

THE board of approval (BoA) on special economic zones (SEZs) has accorded co-developer status to a number of developers of notified SEZs More

DEUTSCHE Bank’s New York-based real estate arm—RREEF—is in advanced talks with realty major Emaar-MGF for investing around $200 More

AKSH Optifibre has inked a Rs 200-crore contract with UTStarcom for procuring hardware equipment and components to make set-top boxes (STB) More

US PRIVATE equity giant Providence is buying a minority stake in Rajan Raheja's Asianet Satellite Communications, Kerala's largest cable operator More

INDIA’S largest BPO company has finalised its plans for an initial public offering (IPO) in the US markets. Genpact will raise between More

VIDEOCON—one big name that missed out on the telecom boom story—has finally got a foot in the sector. The $3-billion consumer electronics group More

PFIZER India is in the process of selling off its Chandigarh plant and has already received a an advance of Rs 27.8 crore from a prospective buyer More

THE Chennai girl hit headlines on Monday yet again when PepsiCo’s board of directors announced that it has elected Indra K Nooyi, 51 More

INDIAN oil companies are set to clinch major business deals in Libya. While public sector ONGC and Oil India-IndianOil combine are More

THE Burman family is likely to sell its 14.5% stake in Punjab Tractors to the buyer of Actis’ stake in the company, giving the acquirer a controlling 43% stake. More

DELHI INTERNATIONAL Airport Private Limited (DIAL) has awarded the licence for the advertisement locations at Indira Gandhi International Airport More

IN AN interesting turn to the recent debate over security concerns related to foreign investment, Chinese giant Haier International has obtained permission More

SUZUKI Motor chief Osamu Suzuki on Tuesday announced the Japanese company would invest a total of 300 billion yen or Rs 10,800 crore in India More

Hyderabad: Hyderabadbased Zenotech Labs, a biotechbased specialty injectables company, and pharma major Ranbaxy Labs have entered into More

GLOBAL internet telephony major Skype has demanded that India remove all rigid applicationspecific licensing requirements More

BELEAGUERED Bharat Heavy Plate and Vessels Limited (BHPVL), an engineering, procurement and construction (EPC) company More

NCR Corporation, the world’s largest provider of ATM services, has bagged an order from the State Bank of India group to set up 3,000 ATMs More

WITH the Centre giving inprinciple nod for the proposed semiconductor policy, US-based Network Systems and Technologies (NeST) More

BANGALORE-BASED Ozone Group will launch a Rs 1,200-Cr mega township project in Chennai in April. The project, to come up over 42 acres More

LARSEN & Toubro (L&T), India’s largest engineering company, is joining hands with the world’s largest aircraft More

MUMBAI: PriceWaterhouseCoopers is all set to buy Mumbai-based accounting and tax advisory firm Ambit RSM in a deal that will expand the overseas firm's More

THE 132-year-old Bombay Stock Exchange (BSE) took its first step towards demutualisation on Wednesday when it offered a 5% stake to Deutsche More

HEALTHCARE major Apollo Hospitals is looking at acquiring a hospital chain in the UK and the deal size is estimated to be about £1.2 billion More

CORUS, the erstwhile British Steel and one of the icons of Her Majesty’s Empire, will now fly the Tricolour. In the process, Tata Steel—winner of the ET More

GSK CONSUMER Healthcare (GSK) is upping its ante in India. In what is perhaps GSK India’s most audacious move in a long time, the company More

CHENNAI: Orchid Chemicals and pharmaceuticals has entered into a licensing and distribution agreement with pharma company Actavis More

DUPONT India, subsidiary of the US-based $29 billion EI du Pont de Nemours, is setting up a research and development centre in Hyderabad More

THE steering committee of the department of telecom (DoT) has rejected the merger proposal of BSNL and MTNL as proposed by the consortium of consultants led by ICICI securities. The counsultants in its final report More

NIRMAL K Minda-promoted Minda Group is in advanced talks for the acquisition of a Europe-based company. The acquisition is going More

WITH AN eye on the burgeoning Indian entertainment industry, Lachlan Keith Murdoch — son of media mogul Rupert Murdoch — is in advanced More

MINDTREE Consulting, the Bangalore-headquartered mid-tier IT services company, is all set to make its third acquisition. The target is most likely to be that More

INDIABULLS Financial Services (IBFSL), one of the country’s leading NBFCs, is demerging its securities brokerage business More

THE merger between WPP-owned agencies Bates Enterprise and David may finally come through in India in a couple of months, but it may have a huge More

BAJAJ Auto could be headed for a division between Rahul Bajaj’s sons—Rajiv and Sanjiv—with the demerger plan being put on the fast track More

GLOBALISATION came calling on Sunday. Exactly 11 days after Tatas bought Corus, the biggest steel firm in the UK, it was the turn More

INDIA and Russia have agreed on the ‘broad parameters’ for using Russia’s long-standing debt to India to finance investments in the country More