Tax sops for small IT cos to stay: Raja I have met Prime Minister (on the issue). PM is inclined to give some relief.... We are of the view that small and marginal enterprises should not suffer. The matter is under consideration, Mr Raja said.
Indirect tax collections touch RS 2,79,000 crore The Centre has surpassed the revised indirect tax collections targets for 2007-08 as revenues from customs, excise and service tax stood at over Rs 2,79,000 crore.
PRIVATE BANKS MAY FARE BETTER, SAY BROKERAGES
PSU banks in for poor Q4 show State-run banks are likely to post poor numbers for fourth quarter of 2007-08 due to expected moderate credit growth, lower treasury income and weak net interest margins, according to most brokerage houses.
To slash 4,000 jobs following write-downs from subprime mortgages
Merrill Lynch posts $1.96 b loss The job cuts cover about 10 per cent of staff at the worlds largest brokerage, excluding financial advisers and investment associates.
Chairman of Japan Business Federation (Nippon Keidanren) Fujio Mitarai, center left delivers the G8 Business Summit Joint Communique to Japanese Prime Minister Yasuo Fukuda, center right, on behalf of his colleagues at the prime minister's official residence in Tokyo on Thursday. AP
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