The government on Friday asked Vodafone to pay Rs 11,218 crore in taxes within a month for the acquisition of Hutchison’s stake in the telecom joint venture in India in 2007. “The IT department today issued an order raising a tax demand of Rs 11,217.95 crore on Vodafone International holdings BV treating it as an […]
Gold prices plunged at the bullion market in Mumbai on Friday on emergence of heavy off-loading from stockists and speculators, triggered by global bearishness. Moving in line with the general trend, silver too tumbled to trade below Rs 36,000 a kilo, owing to hectic offering by traders and investors. Ever since the correction in the […]
• Rubber decreased for a third day, heading for the first loss in six weeks amid concern that demand from China may weaken after the world’s biggest consumer raised interest rates and its economy expanded at a slower pace. • The most-active contract on the Tokyo Commodity Exchange lost as much as 1.2 percent to […]
Mumbai : Geometric Ltd announced its Q2 FY 2010-2011 financial results. Geometric declared operating revenues of Rs. 1,519.31 Mn this quarter, a rise of 12.2% from the previous quarter revenues of Rs. 1,354.50 Mn; and an 18.5% rise from revenues of Rs. 1,281.93 Mn in the same quarter last year. In US dollar term, revenues […]
Finance Minister Pranab Mukherjee has said on Friday that huge FII inflow reflects foreigners confidence in Indian growth story and is not a matter of concern as of now since the appreciation in the value of rupee is not abnormal. “The rupee appreciation is not abnormal. As and when RBI feels that intervention is necessary, […]
India wants consensus and not confrontation to resolve the currency issue that is likely to come up for discussion at the two-day meeting of the finance Ministers and central bank governors of the G-20, opening in Gyeongju on Friday. “I do not believe in confrontation. I believe in dialogue. If the issues are to be […]
SolArc (www.solarc.com), a global provider of commodity trading and risk management solutions, has announced that Alan Gunn has been named Vice President, Product Marketing. In this role, Gunn will oversee all product marketing activities including market assessment and strategic product planning. According to Brad Anderson, SolArc CEO, “This new role will enhance our ability to […]
The Indian rupee depreciated by 19 paise to Rs 44.49 a dollar in early trade on Friday, weighed down by dollar’s strength against other Asian currencies. However, positive opening on the stock markets on continued capital inflows by foreign funds into equities, capped its losses. In the previous session, the domestic unit at the Interbank […]
The BSE benchmark Sensex continued its rally from Thursday and opened 79.31 points high in the opening trade on good quarterly reports from the country’s largest software firm Tata Consultancy Services. The 30-share index on Friday rose by 0.39 per cent to 20,339.89 points on the back of rally in IT, tech and consumer durables […]
The World Trade Organisation’s eighth ministerial summit will take place from 15th to 17th September, 2011, in Geneva, despite the continuing uncertainty over when Doha Development Agenda (DDA) trade negotiations will be concluded. At a meeting of the WTO’s powerful General Council, which oversees day-to-day business of the trade body, Chair Ambassador John Gero of […]
1. Chef Vineeth Jayan appointed as the Executive Chef at The Den Bengaluru
2. Noise Becomes First Smart Wearable Brand Globally to Bring AI to Smart Rings
3. Sip and Savour in Style- ILILI’s Rooftop Hideaway Brings Middle Eastern Charm to Mumbai
4. ASUS expands its consumer notebook lineup in India with the all-new ASUS Vivobook S Series
1. Chef Vineeth Jayan appointed as the Executive Chef at The Den Bengaluru
2. Noise Becomes First Smart Wearable Brand Globally to Bring AI to Smart Rings
3. Sip and Savour in Style- ILILI’s Rooftop Hideaway Brings Middle Eastern Charm to Mumbai
4. ASUS expands its consumer notebook lineup in India with the all-new ASUS Vivobook S Series