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Popular Articles

As Mamata wields knife, Pranab has a cakewalk
Jyoti Basu, the 95-year-old communist, has lost touch with many of his comrades. But this morning the former chief minister of West Bengal did not forget to call his favourite Congressman to say, “Happy Birthday!”

Steel ministry sends MOIL disinvestment proposal to Finmin
The Steel Ministry has sent the proposal to sell 10 per cent of the government"s holding in state-run Manganese Ore India Ltd to the Department of Disinvestment, Parliament was told today.

News of the day

Speciality Restaurants plans Rs 150-crore expansion
Speciality Restaurants Private Ltd, which runs restaurant chains like Mainland China, Sigree, Oh! Calcutta, Machan and Flame and Grill, is planning to dilute its equity by up to 30 per cent to raise money for its expansion plans, besides planning an initial public offer (IPO).
Business Ideas

SC issues notice to SET Satellite Singapore on tax issue

The Supreme Court has issued notice to Sony Entertainment Television Satellite (Singapore) Pvt Ltd on a petition seeking to tax profits of the Indian operations of the foreign entity through a dependent agent (SET India Pvt Ltd). A bench headed by Justice SH Kapadia has issued notice to SET (Singapore) Pvt Ltd on a petition filed by the Income-Tax Department challenging the Bombay High Court"s order which said that the fact that tax on income was paid for some assessment years does not negate the foreign entity"s contention that its income is not taxable.


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