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Popular Articles

Govt assures funds for NSDC
Finance Minister Pranab Mukherjee today announced the launch of the National Skill Development Corporation (NSDC) that aims at training about 500 million people by 2022 to meet the growing demand for skilled workforce in the country.

GMR Energy drags Ministry of Power, REC, PFC to Delhi HC
GMR Energy, a subsidiary of the GMR group, has challenged in the Delhi High Court its disqualification from bidding for three power transmission projects worth Rs 6,800 crore and sought a stay on the tendering process.

News of the day

Nokia: Netbook entry
Nokia, the dominant force in the handset industry, has spent the major part of 2009 guarding its turf against resurgent rivals like Samsung, LG, Sony Ericsson and Motorola, and also tech powerhouses like Research in Motion (RIM), Apple and HTC. Additionally, Nokia has also been deflecting blows at the operating system level, most notably from Google’s Android and Microsoft’s Windows Mobile.
Corporate

Govt slaps penalty on Kingfisher Airlines

The government today said it has penalised Kingfisher Airlines with a fine of over Rs 26 crore for delay in the payment of tax deduction at source (TDS). "In case of Kingfisher Airlines, a penalty of Rs 26.46 crore for the delayed remittance of deducted tax has been levied," Minister of State for Finance S S Palanimanickam said in a written reply to a question in Lok Sabha. However, an amount of Rs 35.31 crore from April 2008 to March 2009 was remitted to the government account.


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