An income tax tribunal held that the PoA could not be construed as an instrument of transfer concerning any right, title, or interest in the immovable property.
A look at the celebs on the red carpet.
Interest rate and tenure are not the only two factors to consider.
We invited readers to send in their interesting monsoon snapshots. Here are the first few responses -- and you can share yours too!
Employers will now need to furnish detailed break-up of exemptions that an employee has claimed.
"We are not only looking in India but scouting for acquisitions in the US, China and Europe. But, if pricing goes up, it can be affected."
The Supreme Court on Monday agreed to hear a plea seeking direction to the Central Bureau of Investigation to lodge an FIR into the alleged conspiracy to "fix" Chief Justice of India Ranjan Gogoi.
IT and BPO industry body Nasscom's chairman Pramod Bhasin said the industry faced a 'brutal year in many respects' in the last financial year and the companies and customers were passing through 'extraordinary pain'. As a result, BPO customers are undergoing restructuring, internal and management changes and change of decision-makers, he said at the Nasscom's BPO Strategy Summit 2009 in Bangalore.
Yogi would be considered good from any other composer, but from Yuvan, you've come to expect more. In that sense, it only partially delivers.
US President Barack Obama's proposals to amend the US tax structure since it allegedly encourages creation of ". . . a job in Bangalore, India, (rather) than create one in Buffalo, New York", has made the IT sector in India edgy.
Take a look at the arrivals.
The Business Process Outsourcing companies in India appear to be handling the impact of the global economic crisis much better than IT firms
In 2008-09, the industry grew by over 16 per cent at $46.3 billion.
While retaining the basic exemption limits at Rs 1.6 lakh (for individuals), Rs 1.9 lakh (for women) and Rs 2.4 lakh (for the retired), the slabs have been hiked substantially.
'There is a long-term bull market that commodities will witness. This can take 2-3 years to start. There have been some large moves in foreign exchange. We have seen the pound depreciate by 25 per cent against dollar. We have seen the yen appreciate against the dollar. When the markets start stabilising, these trends will reverse. This will give good trading opportunity. But it is not clear whether any one should do anything yet,' says Robert Morrice, MD, Barclays Wealth.
Foreign lender Royal Bank of Scotland on Thursday said RBI is likely to hike its policy rates by up to one percentage point this year even as the headline inflation is likely to fall to 6-7 per cent on the back of a good monsoon.
It looks like Yuvan needs to find his moorings back again. He probably needs it after a spate of releases one after the other. Still, there are a couple of good numbers that make this album worthwhile.
'Of all artists who openly support the current political dispensation, she is far and away the finest,' argues Sreehari Nair. 'With the exception of perhaps Tabu, no Indian actress has done more to extend the range of the feminine mystique in Hindi cinema.'
Rate cut, increase in limit, withdrawal of processing charges are some of the pluses.
"We have never done much lateral hiring since we promote from within the company. Given the GE legacy, Genpact has always believed in performance appraisals. This period is no different," says V N Tyagarajan, COO, Genpact.
The hits and misses of the week.
India is Facebook's largest market with 250 million active monthly users. Along with Google, it has a 70 per cent share in the Rs 1,000 crore domestic digital ad market.
'Investors need to understand that these schemes may not do well in the market that is in a bull run, but quality stocks would protect the downside.'
The National Association of Software and Services Companies -- Nasscom -- on Monday announced the appointment of Ganesh Natarajan, deputy chairman and managing director, Zensar as the chairman of Nasscom for the year 2008-09. Pramod Bhasin, president and CEO, Genpact has been elected as the vice chairman of Nasscom for the current year.
Kavithai Gundar with rhythm ruling supreme, is hip-hop the Tamil way, dipped in near incomprehensible lyrics and liberal English. Emcee Jesz seems to have understood the allure of filmi music and slathered plenty of it into his album, which gives it s slightly different twang.
Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay Kumar Singh.
If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.
The top court pronounced the verdict on a number of petitions challenging the restrictions and internet blockade imposed in Jammu and Kashmir after the abrogation of Article 370 in August last year. The court heard the petitions filed by various petitioners including Congress leader Ghulam Nabi Azad and Kashmir Times editor Anuradha Bhasin.
'Rubaru Roshni is a soul-stirring cinematic experience.'
Twenty-seven-year old Ritik Bhasin, a partner of event management company Couch Potato, was present in the lobby of the Taj Hotel when the terrorists struck on the night of November 26. Here is his harrowing account of what transpired.
India Inc has pitched for rate cut to boost economic activities.
The Reserve Bank is unlikely to lower the interest rates.
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
Fair trade regulator CCI has rejected allegations against Volkswagen.
Tinesh Bhasin explains the tax liabilities that accompany receiving a gift.
Anuj Chauhan, one of the two persons injured in Thursday's BMW hit-and-run case in New Delhi, succumbed to his injuries at the All India Institute of Medical Sciences on Saturday. Chauhan and his friend Mrigank Srivastav, who were riding a motorcycle, were hit by a BMW in the wee hours of Friday, when they tried to overtake it at the Moolchand Hospital flyover.The BMW was being driven by Utsav Bhasin, the son of an influential businessman, who was reportedly inebriated.
'Investors should allocate about 5% to 10% to such funds.'
The company's profit stood at Rs 292.79 crore (Rs 2.92 billion) in the year-ago period.
Panga's slice of life makes up for in its gentle depiction of everyday struggles and pleasantries, lending it a consistently warm fuzzy feeling, feels Sukanya Verma.
