Anindita Dey &Amp; Dev Chatterjee In Mumbai

Stories by Anindita Dey &Amp; Dev Chatterjee In Mumbai

Curbs on ECBs may be relaxed

Curbs on ECBs may be relaxed

Rediff.com   11 Sep 2007

At a high-level coordinate committee meeting to be held by the month-end, the government and the Reserve Bank of India will take stock of the situation.

RBI mulls lock-in for foreign co loans

RBI mulls lock-in for foreign co loans

Rediff.com   10 Sep 2007

The central bank's objective is to align the regulations for such loans with the tenure and end-use norms for external commercial borrowings in a bid to check foreign currency inflows.

Indian firms falter in bonds mart

Indian firms falter in bonds mart

Rediff.com   24 Aug 2007

Bonds/papers of Tata Motors, Reliance, SBI, ICICI and others turn illiquid in international markets.

Taxmen spread the net wider

Taxmen spread the net wider

Rediff.com   11 Aug 2007

"It is a logical step. The information gathered through annual information returns will now be compared with the tax returns of individuals to see if taxes are paid correctly or not," said a consultant with a leading tax advisory firm.

Capital gains benefit only on BSE-500 stocks?

Capital gains benefit only on BSE-500 stocks?

Rediff.com   7 Aug 2007

The Central Board of Direct Taxes is considering a proposal to restrict the exemption on long-term capital gains only to companies constituting the BSE-500 index.

Funds may get dearer after CRR hike

Funds may get dearer after CRR hike

Rediff.com   6 Aug 2007

Liquidity is expected to remain comfortable this week, albeit the rate at which it is available may inch up rather than remaining below 1 per cent.

Britannia takes I-T dept to court

Britannia takes I-T dept to court

Rediff.com   6 Aug 2007

Britannia Industries, the country's top biscuit maker, has taken the income tax department, Kolkata, to court after it received a show-cause notice asking it to explain the withdrawal of funds from the employees' pension fund in 2003.

Oracle not to delist i-flex for 5 more yrs

Oracle not to delist i-flex for 5 more yrs

Rediff.com   6 Aug 2007

To consider open offer if price falls below Rs 2,100 a share.

RBI plans currency futures exchange

RBI plans currency futures exchange

Rediff.com   3 Aug 2007

The Reserve Bank of India is exploring a dedicated currency futures exchange, after taking an in-principle decision to launch rupee-denominated futures.

Judge Kode - The human face of justice

Judge Kode - The human face of justice

Rediff.com   3 Aug 2007

Kode has proved that justice may be delayed but it cannot be denied to the 257 innocent who lost their lives in the blasts.

Top level exodus at Birla Global

Top level exodus at Birla Global

Rediff.com   2 Aug 2007

The Aditya Birla group's financial services firm, Birla Global, has seen some top level resignations.

Credit policy to guide markets

Credit policy to guide markets

Rediff.com   30 Jul 2007

The outlook on liquidity depends on various factors this week. If the Reserve Bank of India decides to remove the cap on the amount raised under the reverse repo, it will immediately modulate the liquidity.

McKinsey sues RIL, RCom over dues

McKinsey sues RIL, RCom over dues

Rediff.com   23 Jul 2007

Global management consultancy firm McKinsey has moved the Bombay high court against Reliance Industries and Reliance Communications for non-payment of dues of Rs 27 crore

I-T may ask Morgan Stanley's arm to file return

I-T may ask Morgan Stanley's arm to file return

Rediff.com   20 Jul 2007

The apex court has upheld the treatment of its business process outsourcing hub, Morgan Stanley Advantage Services, as a service permanent establishment.

FII registration under Sebi lens

FII registration under Sebi lens

Rediff.com   20 Jul 2007

Move aimed at discouraging PN investments.

Danone takes arbitration route to end Wadia ties

Danone takes arbitration route to end Wadia ties

Rediff.com   2 Jul 2007

The euro 14 billion French dairy major, Groupe Danone, has formally initiated arbitration proceedings to end its partnership with the Mumbai-based Wadia group.

Interest rate swap spooks RBI

Interest rate swap spooks RBI

Rediff.com   2 Jul 2007

The central bank fears the Asian market may impact interest rate derivatives.

Lever, Nirma end 16-year-old row

Lever, Nirma end 16-year-old row

Rediff.com   27 Jun 2007

Reach out-of-court settlement on trademark violation.

Govt plans to relax ECB norms

Govt plans to relax ECB norms

Rediff.com   25 Jun 2007

The government is planning to relax the recent diktat of clubbing non-convertible, optionally convertible or partially convertible preference shares as External Commercial Borrowings for some companies.

Dharavi makeover: Builders spot goldmine, but...

Dharavi makeover: Builders spot goldmine, but...

Rediff.com   25 Jun 2007

When Mumbai-born architect Mukesh Mehta first waded into Dharavi a decade ago, he went in as - in his own words - a mercenary looking to make money