Business News

Last updated: Monday, May 29, 2017 10:32:03 PM

Mukherjee says impact of service tax on aviation minimal
New Delhi, April 29 (IANS) Finance Minister Pranab Mukherjee said the impact of service tax on domestic and international air travel in economy class would be minimal and amount to no more than Rs.100 and Rs.500, respectively, at the highest level.

Thursday, April 29, 2010 6:07:16 PM

Pranab justifies hikes in duties on oil, fuel products
New Delhi, April 29 (IANS) Finance Minister Pranab Mukherjee Thursday justified the hike in excise and customs duties on crude oil and petroleum products because of the global situation and said he had taken a 'correct' stand by not touching retail prices.

Thursday, April 29, 2010 5:55:48 PM

CESC revives Balagarh power project in West Bengal
Kolkata, April 29 (IANS) Power utility CESC has revived plans to set up a 1,320 MW power plant in Balagarh in Hooghly district of West Bengal, a company official said Thursday.

Thursday, April 29, 2010 4:08:29 PM

Spencer's Retail likely to break even by this fiscal-end
Kolkata, April 29 (IANS) Loss-making Spencer's Retail is likely to break even towards the end of the 2010-11 fiscal, a company official said Thursday.

Thursday, April 29, 2010 4:02:37 PM

S Tel signs up over 1 million subscribers
New Delhi, April 29 (IANS) Mobile operator S Tel, a joint venture between India's Siva Group and Bahrain Telecommunications Co, Thursday said its subscriber base has crossed the one million mark within three months of launch of services.

Thursday, April 29, 2010 3:41:54 PM

Oriental Bank of Commerce Q4 net rises 75 percent
New Delhi, April 29 (IANS) The Oriental Bank of Commerce Thursday said its net profit rose 75.33 percent to Rs.317.04 crore in the fourth (January-March) quarter ended March 31, compared to Rs.180.82 crore in the same period a year ago.

Thursday, April 29, 2010 2:39:47 PM

Sensex weak, buying in broader markets
Mumbai, April 29 (IANS) Indian equities markets Thursday saw some buying after sell-off in the previous session with a key index ruling 0.47 percent higher amid weak cues from major global bourses.

Thursday, April 29, 2010 2:36:42 PM

3G auction to be over in couple of days: Raja
New Delhi, April 29 (IANS) The auction of radio frequency spectrum for third generation (3G) telecom services in the country is being conducted in a totally transparent manner and would be over in a couple of days, parliament was assured Thursday.

Thursday, April 29, 2010 2:32:51 PM

No 4G spectrum auction for now: Raja
New Delhi, April 29 (IANS) The government does not have any plans as of now to auction 4G spectrum, Communications Minister A. Raja said Thursday.

Thursday, April 29, 2010 2:14:24 PM

ArcelorMittal sees strong rebound in second quarter
New Delhi, April 29 (IANS) The world's largest steel maker, ArcelorMittal, Thursday said margins would improve substantially during the April-June quarter due to stronger demand in all main markets after a net loss of $1.1 billion in the quarter ended March.

Thursday, April 29, 2010 1:41:30 PM

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