INTERNATIONAL
NATIONAL Government defends Kelkar suggestions on taxes New Delhi: Defending the recommendations of the Kelkar panel on tax reforms, government on January 3 said it has attempted to remove the "imbalances and apparent irrationalities" and it is difficult to satisfy every section of the society.
Wipro acquires full equity of Wipro Spectramind Bangalore: Wipro Limited has acquired the entire equity holding, owned by Housing Development Finance Corporation Limited (HDFC) in Wipro Spectramind Services Private Limited for an aggregate consideration of Rs 264 million ($ 5.5 million), according to an official release on January 3.
Late sell-off pulls the SENSEX down by 7.52 pts Mumbai: Late sell-off in select index-based old-economy shares wiped out the early gains on the Bombay Stock Exchange (BSE) on January 3 and pulled down the SENSEX by another 7.52 points to close at 3357.54.
Joshi assails present form of 'globalisation' Bangalore: Coming down on the present form of globalisation process, Human Resources Development Minister Murli Manohar Joshi on January 3 said it was premised on wasteful consumption patterns of the rich and should be seen in the context of sharp inequalities among the countries of the world.
LPG prices likely to go up before budget New Delhi: Petroleum Minister Ram Naik on January 3 indicated that prices of domestic cooking gas (Liquefied Petroleum Gas-LPG) may be hiked before the budget to check growing subsidies but said consumer interest will be kept in mind while taking any such decision.
SENSEX opens firm, software shares spur Mumbai: Led by Infosys Tech, majority software shares were in limelight at the opening session on the Bombay Stock Exchange (BSE) on January 3, mainly spurred by strong upsurge on the Wall Street on January 2 night.
