NATIONAL Indirect Tax up 46% at Rs 39,614 cr in first quarter Indirect tax collection was up by a whopping 46% at Rs 39,614 crore in first quarter of this fiscal on the back of double-digit industrial growth, robust imports and a booming service sector.
Airtel launches 'Wireless Data Card' @ Rs 13,000 Airtel on Thursday (July 21, 2005) launched a card that will enable subscribers to access Internet through wireless medium in India and abroad.
IT solutions provider 'HCL Comnet' to hire 3,200 IT infrastructure solutions provider HCL Comnet on Thursday (July 21, 2005) said it would increase its headcount to 5,000 from 1,800 in next three years and announced a tie-up with Trend Micro to offer network security solutions.
Maharaja on airline scene! Wodeyar to enter trade The booming private airline industry is all set to have one more player with the former Mysore scion and ex-MP Srikantadutta Narasimharaja Wadiyar chalking out plans to enter the airline service business.
Textile items to come under VAT from April 2006 All textile items will come under Value Added Tax (VAT) from the next fiscal year, Empowered Committee Secretary Ramesh Chandra said today (July 21, 2005).
B'lore IT company bags $25 mn Somalia-e-contracts Bangalore-based Sobha Renaissance Information Technology (SRIT) bagged $25 million e-governance contracts, under which ePassport and eAuthentication systems would be rolled out initially.
Sensex suffers marked setback; ends 39 points down The Sensex today (July 21, 2005) suffered a marked setback after the initial rally and ended 39 points down in volatile trade on the Bombay Stock Exchange (BSE) on alternate bouts of buying and selling by investors.
IA step forward to its bid of IPO; picks advisors Moving ahead with its plans to raise funds from the capital market for its fleet acquisition programme, Indian Airlines (IA) today (July 21, 2005) launched the process of appointing advisors for its IPO which is likely to be issued in the next six months.
Infosys, Oracle to jointly address needs of clients Infosys Technologies Ltd. and Oracle Asia Pacific today (July 21, 2005) reiterated their commitment to jointly address the business needs of customers in the hi-tech manufacturing and financial services sectors in the Asia Pacific region.
RO's interpolation costs Congress MLA his seat An interpolation made by a Returning Officer (RO) to reject the nomination papers of a BJP (Bharatiya Janata Party) candidate was taken serious note of by the Supreme Court, which quashed the election of a Congress candidate to the Uttaranchal Assembly in 2002.
INTERNATIONAL World oil prices weaken on US crude stocks data World oil prices have weakened as traders digested a smaller-than-expected drop in US crude inventories despite hurricane conditions in the Gulf of Mexico.
