Business News

Last updated: Thursday, October 23, 2014 8:58:08 PM

Court directs Vodafone to respond to income-tax notice
Mumbai/London, June 23 (IANS) The Bombay High Court Monday directed Britain's Vodafone to file a rejoinder to the Indian income-tax department's response after the British telecom giant challenged a Euro1 billion tax claim.

Monday, June 23, 2008 8:11:33 PM

Karnataka government under fire over fertiliser shortage
Bangalore, June 23 (IANS) The Bharatiya Janata Party (BJP) government in Karnataka came under attack from the opposition Monday over the police killing of a farmer during protests against fertiliser shortage.

Monday, June 23, 2008 7:52:05 PM

Tata Power clocks Rs.8.69 bn net profit
Mumbai, June 23 (IANS) The country's leading private sector power company Tata Power has posted a net profit of Rs.8.69 billion ($207 million) for 2007-08 against Rs.6.96 billion of previous fiscal, registering a growth of 24.84 percent.

Monday, June 23, 2008 7:46:04 PM

JK Tyre acquires Mexican firm Tornel for Rs.2.7 bn
New Delhi, June 23 (IANS) JK Tyre and Industries Ltd has acquired 100 percent shares of Mexican tyre company Tornel along with its subsidiaries for Rs.2.7 billion ($63 million), the company announced Monday.

Monday, June 23, 2008 7:43:57 PM

Metro, power draw Pakistan to India
New Delhi, June 23 (IANS) In a sign of the changing nature of bilateral ties, Pakistan is now turning to India for cooperation in the power sector and is seeking to pick up some tips on building its own metro railway.

Monday, June 23, 2008 7:42:42 PM

Bangladeshi barge sinks in Hooghly river, no casualties
Kolkata, June 23 (IANS) A Bangladeshi barge carrying 650 tonnes of iron rods sank in the Hooghly river at Noorpur in West Bengal's South 24-Parganas district Monday after its steering cable snapped.

Monday, June 23, 2008 7:42:05 PM

Apex court orders status quo on Sahara city demolition
New Delhi, June 23 (IANS) The Supreme Court Monday refused to permit the Uttar Pradesh government to carry out more demolitions in a housing complex of the Sahara Group in Lucknow.

Monday, June 23, 2008 7:41:46 PM

Railway services, food supply hit in parts of northeast
Agartala, June 23 (IANS) The supply of essential items, including food grain, was sevrely affected in the three northeastern states of Tripura, Mizoram and Manipur and parts of Assam due to disruption of railway services in the region for one and a half months, officials said here Monday.

Monday, June 23, 2008 7:41:25 PM

Quintegra to merge US subsidiary with itself
Chennai, June 23 (IANS) The city-based Quintegra Solutions Ltd has decided to merge its US subsidiary Quintegra US Inc. with itself.

Monday, June 23, 2008 5:35:00 PM

Market continues its downslide
Mumbai, June 23 (IANS) The Indian equities market closed the first day of the week with a deep cut on back of heavy selling pressure in capital goods, realty and banking stocks.

Monday, June 23, 2008 4:52:59 PM

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