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
Supreme Court: Death Penalty awarded to Convicts in Nirbhaya Gangrape Case
Supreme Court : The alimony amount must be befitting the status of the parties
The Supreme Court’s judgment to decriminalize Section 377 of Indian Penal Code (IPC) on 6th September 2019 was embarkation of a more egalitarian society. The verdict equipped members of LGBTQ commun More
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