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View Article  Plan panel seeks 35% rise in funds for social sector

Even as the finance ministry has agreed to increase the gross budgetary support (GBS) for plan support for ‘06-07 from the proposed 15% to 23% in the current fiscal year.

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View Article  State keen to levy stamp duty on deals done through NDS

The state government has ordered banks and bond houses to pay stamp duty on all direct security deals done over the past 10 years. Earlier, the duty was capped at Rs 1,000 a deal. The revised rate is Rs 50 for a Rs 1-crore deal.

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View Article  Infosys creates a new crorepati Sudha

Sudha Gopalakrishnan. The name doesn’t ring a bell? Well, it’s time it did. For she is India’s freshly minted richest woman. Wife of Infosys co-founder and COO Kris Gopalakrishnan, Sudha might not be as high profile as her namesake, Infosys chairman NR Narayana Murthy’s wife Sudha Murthy.


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