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UK's Capital One shifting jobs to India
British credit card bank Capital One has announced plans to axe 750 jobs as part of its move to shift more of its operations to India and other low-cost countries. |
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ECONOMY / Wait till Apr 29
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Policy will spell out our stance: RBI
The Reserve Bank of India (RBI) will give an appropriate response and analysis of macro developments at its annual policy review on April 29, and it has enough tools to manage liquidity, RBI Deputy Governor Rakesh Mohan said here on Wednesday. |
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TAXATION / Cites lack of proper system
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Govt says no advance pricing pact for now
The Finance Ministry, on Wednesday, ruled out introduction of Advance Pricing Agreement programme for deciding tax liability of the companies in advance in the near future, saying that in the absence of an institutional mechanism such system would not be effective. |
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Pavers sets footprint in India
UK-based US$150 million Pavers England Footprints Limited (PEFL), on Wednesday, announced its foray into the Indian footwear market, with the launch of its Pavers and Italian Fly Flot brands. |
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Exports to touch $500 b, says CII
Country's exports are likely to reach the 500 billion dollar mark in the next five years but the focus should be on the labour-oriented sectors so that benefits of growth trickle down to the low-income groups, Confederation of Indian Industry has projected. |
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India key KPO hub, says KPMG |
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Reduce cost on Indian exports |
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AT A GLANCE |
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Cut farm sops, chorus India & Africa |
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Tata Power gets $450 m IFC funding |
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Citi to sell off its $12 b bad loans |
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AT A GLANCE |
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Shareholders check out a Mercedes B class 170 NGT during a break in proceedings at the Daimler annual shareholders' meeting in Berlin on Wednesday. Daimler confirmed their aims for growth in 2008, despite the weak dollar. AFP
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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12,010 |
| Silver (per kg) |
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24,800 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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40.22 |
| Pound * |
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79.75 |
| Euro * |
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63.67 |
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| DH Forum |
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| Ban on posters and buntings |
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Will Election Commission’s move to ban the posters and buntings seriously affect campaigning of political parties in the coming Assembly elections in the State?
We invite our readers to give their opinion in about 100 words. Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday. A selection of responses will be published in Sunday’s edition. |
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