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Thursday, December 1
ONGC asked to pay 1k cr more tax
by
anshul
on Thu 01 Dec 2005 06:54 PM IST
India Inc’s highest profit-making company, ONGC, may be in for a tax shock. Tax officials in the finance ministry have raised questions over the PSU’s lower earnings on account of a high subsidy burden, and have demanded an additional tax payout of almost Rs 1,000 crore for 2003-04. Click the following link http://ww4.6URL.com/07O1 to read the complete article.
SemIndia, AMD to set up $3 billion chip plant
by
anshul
on Thu 01 Dec 2005 06:47 PM IST
A consortium of overseas Indians SemIndia plans to invest $3 billion in a semiconductor chip-making factory in India, with technology from Advanced Micro Devices Inc. Click the following link http://ww4.6URL.com/07O0 to read the complete article.
Wipro opens remote tech centre
by
anshul
on Thu 01 Dec 2005 06:42 PM IST
Wipro Ltd, India's third-largest software exporter, on Thursday opened a global network command centre in Bangalore, eyeing a fast-growing export market worth up to $66 billion in remote computer management. Click the following link http://ww4.6URL.com/07NZ to read the complete article.
Active bulls lift Sensex to 8945 at close
by
anshul
on Thu 01 Dec 2005 06:35 PM IST
After getting in and out of the ring in listless movements till around early afternoon, the bulls turned active once again and mirroring the upbeat mood that prevailed till the end of the session, the benchmark BSE . Click the following link http://ww4.6URL.com/07NW to read the complete article.
No petrol, diesel price reduction now
by
anshul
on Thu 01 Dec 2005 06:32 PM IST
The government today ruled out immediate reduction in prices of petrol and diesel even as the rates of crude in the international market have been softening since September. Click the following link http://ww4.6URL.com/07NV to read the complete article.
Rs. 20,000 cr. to be invested in infrastructure
by
anshul
on Thu 01 Dec 2005 05:01 PM IST
Reiterating the State Government's commitment to investing substantially in infrastructure projects, Minister for Industries and Finance P.G.R. Sindhia on Wednesday said over Rs. 20,000 crores will be invested across the State in various sectors such as roads, airports and power. Click the following link http://ww4.6URL.com/07NM to read the complete article.
SEZ status for Private technical institutions: NASSCOM chief
by
anshul
on Thu 01 Dec 2005 03:14 PM IST
Private higher and technical education institutions can be offered Special Economic Zone (SEZ) status to produce quality students for the emerging opportunities in Information Technology (IT),’’ opined Kiran Karnik, president of Nasscom (National Association of Software and Service Companies) on Wednesday. Click the following link http://ww4.6URL.com/07NE to read the complete article.
Allianz likely to hike stake to 49%
by
anshul
on Thu 01 Dec 2005 03:13 PM IST
With the government's decision to raise the FDI cap to 49 per cent, the global insurance major Allianz is likely to hike its stake to 49 per cent from the present 26 per cent in the Indian venture, Bajaj Allianz Life Insurance. Click the following link http://ww4.6URL.com/07ND to read the complete article.
SEBI slaps penalty on JMP Securities
by
anshul
on Thu 01 Dec 2005 11:43 AM IST
The Securities and Exchange Board of India (SEBI) slapped a penalty of Rs 1 lakh on JMP Securities Pvt Ltd, a Bombay Stock Exchange member, for committing "irregularities" in the trading of Global Telesystems Ltd (GTL) stock in September 2003. Click the following link http://ww4.6URL.com/07N9 to read the complete article.
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