NATIONAL Market ends flat despite promise on transaction tax The market witnessed dull activity throughout the session and ended flat in extremely low volume at the Bombay Stock Exchange (BSE) today even as Finance Minister P Chidambaram promised to have a "re-look" at the transaction tax rate of 0.15 per cent.
BHEL bags solar cells export contract from Italy The Electronics Division of engineering major Bharat Heavy Electricals Limited (BHEL) in Bangalore has bagged a contract from M/s S E Projects, Italy, for supply of solar photovoltaic cells.
Tatas to launch heavier vehicles to take on Volvo Automobile giant Tata Motors plans to launch in India the heavy-duty trucks manufactured at its Korean Daewoo Commercial Vehicle unit in a year to take on the Swedish truck maker Volvo, which has created this market segment in the country.
UTI-I to foreclose MIP 1999 and MIP-2000 from Aug 1 Faced with a changed economic environment and falling interest rates, UTI-I has decided to foreclose its two monthly income plan (MIP) -- MIP 1999 (II) and MIP-2000 -- from August 1, 2004.
FM to relook at Transaction Tax, seek support on FDI Finance Minister P Chidambaram today (Jul 12, 2004) promised to have a "relook" at the Transaction Tax rate of 0.15 per cent and sought industry's support to liberalise FDI (Foreign Direct Investment) regime, which has been opposed to by Left parties.
We got mandate to continue the reform process: FM Finance Minister P Chidambaram today (Jul 12, 204) said that the electoral mandate the UPA (United Progressive Alliance) Government got was for continuing the reforms process and taking up measures in agriculture and rural economy that had not been addressed during the previous NDA (National Democratic Alliance) Government rule.
