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Illusory way of discovery to tax: Real Estate Transactions

Friday, 19 Apr 2013 | vipin malik

The Budget will hit as far as purchase and sale of real estate goes. The circle rate through which the State Government levies stamp duty is used as a base to calculate capital gain tax. Sale and purchase of real estate on income to be taxed on deemed basis even...

India to return to 8% growth rate in 2 yrs: FM

Friday, 19 Apr 2013 | PTI | New York

Asserting that India can absorb $ 50 billion foreign investment annually, Finance Minister P Chidambaram has said the downturn in Indian economy was temporary and growth will return to 8 per cent in two years. Acknowledging the largeness of the current account deficit (CAD) at around 5 per cent of...

Scindia, Jaiswal meet over coal quality issues, claim solution in sight

Friday, 19 Apr 2013 | PNS | New Delhi

Amid raging dispute between Coal India Ltd (CIL) and National Thermal Power Corporation (NTPC) over quality of dry fuel being supplied to thermal stations, Power Minister Jyotiraditya Scindia on Thursday met Coal Minister Sriprakash Jaiswal to resolve the contentious issue, though the meeting ended on a mixed note. “There are...

Re back at 53-level

Friday, 19 Apr 2013 | PTI | Mumbai

The Indian rupee on Thursday bounced back by 25 paise to close at over one-month high level of 53.96 against US dollar on a rally in local equities and fresh dollar selling by traders enthused by a lower trade deficit.A weak dollar overseas and a further fall in prices...

TCS Q4 net jumps 22% to Rs3,597 cr

Thursday, 18 Apr 2013 | PNS | NEW DELHI /Mumbai

Country’s top software exporter Tata Consultancy Services on Wednesday announced 22.1 per cent jump in its net profit at Rs3,596.9 crore for the March quarter on the back of all-round business growth The company’s net profit stood at Rs2,945.5 crore reported in the same period a year ago. Revenue for the...

Vodafone India to invest $1 billion in FY 2014

Thursday, 18 Apr 2013 | PTI | Kolkata

Uncertainty over spectrum and persisting tax issues notwithstanding, telecom major Vodafone India today said it remains committed to the Indian telecom market and would invest another $1 billion in 2013-14. “We are committed and will invest another USD one billion in India in FY’14 for capacity building,” Vodafone India...

HCLT posts 72.6% jump in net profit for Jan-Mar quarter

Thursday, 18 Apr 2013 | PNS | New Delhi

HCL Technologies on Wednesday posted better-than- expected performance with 72.6 per cent jump in quarterly profit, driven by strong growth in infrastructure services. HCL Technologies’ net profit zoomed to Rs1,039.9 crore for the third quarter ended March 31, 2013, from Rs602.5 crore in the January-March quarter of 2012. It follows...

Two-wheelers get costlier

Thursday, 18 Apr 2013 | PNS | New Delhi

Leading two-wheeler manufacturers, Honda Motorcycle & Scooter India, Bajaj Auto and TVS Motor Company have hiked prices of their vehicles by up to Rs800, mainly to offset the impact of rising freight charges. Honda Motorcycle & Scooter India (HMSI) today said it has raised prices of its entire range of...

Tata Teleservices to surrender excess spectrum

Thursday, 18 Apr 2013 | PNS | New Delhi

Tata Teleservices today said it will surrender telecom CDMA spectrum beyond 2.5 mega-hertz in all circles barring Delhi and Mumbai in “protest” against Government move to charge one-time fee for airwaves beyond this threshold. The firm will retain 3.75 MHz of spectrum in Delhi and Mumbai for which...

Honda’s Dream Neo’ hits roads

Thursday, 18 Apr 2013 | PNS | NEW DELHI

Honda on Wednesday launched a new motorcycle ‘Dream Neo’ in India’s volume-driven commuter segment, priced at Rs43,150, making it the company’s cheapest two-wheeler in the country. The company’s wholly-owned subsidiary Honda Motorcycle & Scooter India’s (HMSI) 110cc scooter ‘Dio’ was its lowest cost two-wheeler so far in the country at...


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Mapping our heritage

23 Apr 2017 | Ananya Borgohain

Author Pilar Maria Guerrieri discusses with ANANYA BORGOHAIN how the maps of Delhi from the 19th century onwards document the evolution of the Capital through the Mughal era, pre and post colonial periods, and the contemporary times Please tell us a little about yourself. I am an Italian but since my childhood, I have seen my parents travel to India...

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Girls outshine boys again in Class XII Board exam

28 Apr 2017 | Staff Reporter | Raipur

School Education Minister Kedar Kashyap on Thursday announced the results of the 12th standard examination conducted by Chhattisgarh Higher Secondary Board (CGBSE) in Raipur. The average passing percentage for the exam stood at 76...

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