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SC upholds tax exemption to Mauritius firms
NEW DELHI, OCT. 7. The Supreme Court today upheld a circular issued by the Central Board of Direct Taxes exempting Mauritius-based foreign companies from paying tax on capital gains on their investments in India under the Double Taxation ...
Market welcomes decision
NEW DELHI, OCT. 7Financial market players today welcomed the Supreme Court's judgement upholding an income-tax circular on capital gains tax exemption on investments made by Mauritius-based companies and said it was a "positive signal'' to ...
VSAT business set to grow
BANGALORE, OCT. 7.Gilat Satellite Networks Ltd., a VSAT maker in Israel, shipped its 20,000th terminal to India ten days ago. Does that indicate that the very small aperture terminal (VSAT) market in the country is picking up? Sudipta Sen, ...
MUL sets up aluminium foundry
NEW DELHI, OCT. 7. Maruti Udyog Ltd. today said it has set up an aluminium foundry plant, Suzuki Metal India, at Manesar in Haryana, in joint venture with its parent company, Suzuki Motor Corporation of Japan. The plant, which would ...
Other Stories

  • Early gains pared on late profit-taking
  • Rupee resumes uptrend
  • Buoyant growth in telephony services
  • Opportunities in Iraq
  • Oil India ties up with Petroleos
  • China currency exchange rate in line with reality


    Barometer
  • Exchange rates
  • Bullion rates
  • Stock Market Index


    Briefly
  • Coimbatore-Chennai Air Deccan flight
  • Syndicate Bank to double business
  • Bank of Maharashtra branch in Nagercoil
  • SIDCO plans new industrial estate
  • Tendulkar, Airtel's brand Ambassador



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