NATIONAL AT panel agrees for nationwide implementation
New Delhi: In an apparent climb-down from its earlier stance, the Empowered Committee on Value-
added Tax (VAT) on July 7 gave in to the Centre's plan for a nationwide VAT implementation, instead of
a patchwork, after arriving at a national consensus with political parties expected within few months.
RIL, HLL lead negative reaction as SENSEX falls
Mumbai: Led by RIL (Reliance Industries Limited) and HLL (Hindustan Lever Limited), equities lost early
gains and a few even ended with marked falls pushing the SENSEX down by 10 points at close at the
Bomaby Stock Exchange (BSE) on July 7 on late selling pressure by domestic funds and retail investors.
OBC to run Infosys software on Wipro hardware
New Delhi: The Oriental Bank of Commerce (OBC) has tied up with Infosys and Wipro for centralised banking solutions to provide customers with "anywhere anytime" services, which is part of the information
technology up-gradation drive at an investment of Rs 280 crore (Rs 2.80 billion).
Maruti scrip to be listed by July 9 to 10: Khattar
New Delhi: The shares of car major Maruti Udyog Ltd (MUL) would be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) by July 9 to 10, its managing director Jagdish Khattar said.
SENSEX opens firm in mixed trend at early stages
Mumbai: The SENSEX opened firm and later showed irregular movements during morning trading on the Bombay Stock Exchange (BSE) on July 7 on alternate bouts of buying and selling by operators and foreign funds.
INTERNATIONAL India, South Africa to boost economic cooperation
Pretoria: Observing that the strategic partnership between India and South Africa has gradually taken shape, the two countries on July 4 agreed to give a boost to economic cooperation, particularly in mining, information and communications technology and pharmaceuticals.
