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Consensus eludes compensation
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Panel rules out hike in VAT rates
An official panel, on Tuesday, ruled out any increase in VAT rates as part of a package to compensate states on account of revenue loss due to one per cent cut in Central Sales Tax that was to have happened in the beginning of this fiscal. |
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Govt nod for 20 FDI plans worth Rs 1,962 cr
The Centre, on Tuesday, approved 20 investment proposals envisaging FDI inflow of Rs 1,962.05 crore. |
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'Indian CFOs see hefty pay hikes'
India Inc has topped among its Asian counterparts when it comes to monetary measures taken for retaining the right talent while doling out highest salary hikes to its finance executives across the region. |
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Adobe melds its biz units
Adobe Systems Inc said, on Monday, it was putting under one roof businesses selling software for computers, phones and consumer electronics to make them run on a single technology platform. |
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AUTO / Sets up new plant in Haridwar
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Hero Honda plans Rs 150-cr capex
Hero Honda will invest an additional Rs 150 crore in the current fiscal to scale up capacity of its facility here that was inaugurated on Tuesday.
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PE firms pumped in $3.3 b |
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Pricing key to IPO revival, opine experts |
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Sebi to debate trade margins |
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Listing agreement further eased |
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Investors can hold amount in a/c |
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Better your bid, we'll consider Yahoo to Microsoft |
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AMD Inc to axe 1,680 jobs |
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NO STAFF CUTS IN INDIA |
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Finance Minister P Chidambaram and newly inducted MoS for Sports MS Gill listen to a speaker at the inaugural session of India-Africa Forum Summit 2008, in New Delhi on Tuesday. PTI
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Click Here for DH Photogallery
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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12,200 |
| Silver (per kg) |
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25,100 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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40.21 |
| Pound * |
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80.71 |
| Euro * |
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63.88 |
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| DH Forum |
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| In Troubled Waters |
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Did Tamil Nadu act in haste in taking up the Hogenakal project in the Cauvery basin? Since it is supposed to be only a drinking water scheme, does it hurt Karnataka’s interests? DH had invited readers’ opinion on the issue.
Most believe that although the drinking water provision is legal, the current row is a manifestation of political interests in TN, and that Karnataka has been unfairly targeted. Some feel that as Hogenakal falls within the disputed territory, the problem should be resolved amicably without damaging public life in both states. |
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| Expertspeak |
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