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Home -> Finance -> News

NATIONAL
Boeing, Airbus to outsource $3 bn aerospace in India
US aerospace firm Boeing Co and European plane maker Airbus Industries would outsource aerospace systems works valued over USD three billion to India once the trans-Atlantic rivals finalise the deal to supply 111 aircraft to Air India and Indian Airlines.

RIL ready for final arguments on demerger petition
Reliance Industries Ltd (RIL) is all set for the final wrap-up of arguments before the Bombay High Court tomorrow (Dec 5, 2005) on its petition seeking approval of the proposed demerger scheme for change in shareholding pattern as settlement between Ambani siblings, Mukesh and Anil.

Gross tax up to 21 pc at Rs 1,64,567 cr till Oct
The Center's gross tax collection was up by 21 per cent at Rs 1,64,567 crore till October, as India Inc. stepped up production to match the demand of Asia's third largest economy that grew by eight per cent in first half of 2005-06.