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SEZ power units face tax heat; told to pay dues since June 09
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Soon after finance minister Pranab Mukherjee announced a 16% customs duty on power sold by producers in special...


PSUs outperform private peers in economic crises
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Public sector undertakings in India have weathered the economic slowdown better than their private sector...


Rupee to rise further on FII inflows
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The rupee, which touched 45.61 on Friday, more than a six-week high appreciating by nearly 1.1% during the week, is expected to strengthen further.


Govt clears cloud over NGO tax breaks
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The Income Tax department has got the power to cancel any charitable organisation's registration that accords it the benefit of tax exemption.


SC notice to Centre, JSW, others on Karnataka mining issue
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The Supreme Court has slapped notice on the Centre, JSW Steel, Kirloskar Ferrous, Vijaynagar Minerals and others on a petition alleging that they had formed a cartel


Essar Group aims for $8-bn London listing
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The Essar Group, which announced the acquisition of US-based Trinity Coal for $600 million on Saturday, is working towards an $8-billion...


Pick of The Week
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Even as finance minister Pranab Mukherjee has budgeted Rs 3,108 crore towards petroleum subsidy for the 2010-11 fiscal...


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