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Home -> Finance -> News

NATIONAL
Taxman books 90 cases of tax evasion worth Rs 87 cr
The Directorate General of Central Excise Intelligence (DGCEI) has booked 90 cases of evasion of Excise, Customs duties and Service Tax involving revenue of Rs 87.52 crore.

Sensex gives up early gains, ends marginally down
The stock market gave up early gains and ended today (Nov 9, 2005) marginally down by nine points at 8308.78, snapping a five-day winning streak, reacting to heavy selling pressure from domestic funds amid sustained Foreign Institutional Investors (FII) inflows.

Tata Sons would play a role to develop B'desh: Ratan
Tata Sons Chairman Ratan Tata today (Nov 09, 2005) said it would play a role for the economic development of Bangladesh with its proposed investment plan.

ADB sees India growing by 7-8 pc, to scale up loans
Optimistic on India sustaining 7-8 per cent growth, Asian Development Bank today (Nov 09, 2005) said it might scale up assistance to 3 billion dollars annually and is ready for another Rupee bond issue for funding private sector.

'Govt looking at disinvestment in profit making PSU'
Finance Minister P Chidambaram today (Nov 9, 2005) said that the Government is looking at disinvesting small portion of equity in profit making public sector enterprises other than the 'Navratnas'.

Sensex rallies further by 72 pts during early trade
The Bombay Stock Exchange Benchmark 30-share Index (sensex) rallied further during morning trade as stocks continued their upward march on increased Foreign Institutional Investors (FII) activity amid easing crude oil prices.