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Popular Articles

VW backs Porsche contracts, paves way for merger
Volkswagen AG’s supervisory board signed off on contracts for its takeover of Porsche SE in stages, clearing the way for Europe’s largest automaker to add the 911 sports car to its model line up.

Quality norms for steel utensils soon
The fragmented Rs 30,000-crore stainless steel utensil industry will, for the first time in India, get a quality benchmark soon to manufacture food- grade kitchenwares for domestic supply and exports.

News of the day

Tharoor's sweet tweet
His boss may have been upset enough to tick him off publicly, but there’s a reason why minister of state for external affairs Shashi Tharoor is so agitated about the proposed new visa rules. The home ministry has said no tourist can now visit the country within a period of two months of the last visit.
International Business

Say that again!

Finance Minister Pranab Mukherjee is used to industry chambers asking for all manner of sops in the run-up to the Budget, so Assocham’s latest pre-Budget request has to come as a big surprise. Assocham has asked that he bring in medical and educational institutions under the ambit of the tax system. - SBI to raise Rs 20,000 crore through equity in 2 years - Bharti Airtel disappointed with 3G auction delay - 3G auction likely to be delayed again - The move is appropriate and adequate, says govt - New date for GST rollout to be known in April - Chidambaram likely to visit Islamabad for Saarc meeting Assocham’s press release says educational and medical institutions, including hospitals, are sitting on huge surpluses but do not pay taxes. The same principle, Assocham says, has to be applied to other organisations which, by law, are forced to operate as societies or trusts in order to get land at concessional rates or to meet the requirements of the law.


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