The price for a share of Emami was fixed at Rs 70 on Saturday. The public issue of the company had been oversubscribed by 35 times.
The government is simplifying the procedure for filing tax deducted at source returns to assist taxpayers and mop up higher revenues.\n\n\n\n
With only two months left for the completion of fiscal 2003-04, Centre's gross borrowings rose by about nine per cent to Rs 1,45,974 crore
Kerala budget for 2004-05 presented in the Assembly on Friday laid emphasis on agriculture, IT and tourism, making enhanced allocations to these sectors.
Australia beat Pakistan by 31 runs to win the second one-day final at the Sydney Cricket Ground on Sunday.
Fiscal deficit fell marginally by 2.3 per cent to Rs 90,239 crore (Rs 902. 39 billion) in the first nine months of the financial year 2004-05 mainly due to higher tax mop-up.
Amid slowing economy, the gross direct tax collection has risen only by 13.18 per cent to Rs 3.68 lakh crore during the April-November period of 2013-14 fiscal.
Honda Seil Cars India on Thursday said it would invest Rs 200 crore (Rs 2 billion) in the next two years for indigenisation and aims a hefty over 65 per cent sales growth this fiscal.
Life insurance industry grew by over 65 per cent to Rs 5,436 crore in September compared to Rs 3,291 crore premium income from new business in July, mainly due to the success of LIC's Varishtha Pension Bima Yojana.
Barcelona capitalised on two disastrous own goals by A S Roma to thrash the Italian side 4-1 at the Nou Camp on Wednesday and take a huge step towards reaching the Champions League semi-finals for the first time in three years.
The life insurance industry posted 48 per cent growth in July with the Life Insurance Corporation and 12 private insurers mopping up Rs 3,291 crore in premium income, selling about 49 lakh policies during the month.
National Textiles Corporation's bonds issue to mop up around Rs 500 crore (5 billion) will hit the market next week.
The Sensex slipped to an intra-day low of 5,428, but has now recovered from the lower levels and is down 18 points at 5,445. The NSE is up a point at 1,701.
'Our throwaway culture today has little room for mochis and rafoogars who concealed rips and tears with imperceptible stitches and great skill,' says Geetanjali Krishna.
Out of the 24 IPOs, 20 companies had anchor investors, which collectively subscribed to 31 per cent of the total public issue amount.
With the scope of expanding excise and customs duties getting increasingly limited, the government would turn to service tax for widening the tax base, mop up from which is expected to fetch over Rs 10,000 crore by 2005.
Play on the first day of the second Test between New Zealand and India was abandoned without a ball being bowled on Thursday.
South Africa's bowlers needed a little more than an hour of the final day's play to dismiss Sri Lanka for 281 in their second innings and claim a 206-run victory in the first Test in Port Elizabeth on Friday.
The government is likely to mop up between Rs 950 crore and Rs 1,000 crore (Rs 9.5 billion and Rs 10 billion) from the public offer of shares in car-maker Maruti Udyog Ltd at Rs 122-125 a share.
The rupee rose to its highest close in over two years on Friday, helped by a bullish euro, though central bank intervention and importer demand kept it off the day's peak.\n\n\n\n
The central government's gross tax collections rose by 20 per cent to Rs 17,297 crore (Rs 172.97 billion) during the first two months of 2004-05.
Bollywood mega superstar Amitabh Bachchan, sang the Indian national anthem at the Eden Gardens, in Kolkata, on Saturday.
Life Insurance Corporation of India lost more than 8 per cent market share after posting a marginal 1.93 per cent growth in business last fiscal, while private players grew by more than 153 per cent during 2003-04.
The buoyancy in the capital market has enthused companies like Sterlite, UB, Bharat Forge and Centurion Bank to plan rights issues totalling Rs 2,450 crore this fiscal, which is more than double the Rs 1,006 crore raised in 2003-04.
Tax collections grew by 18 per cent at Rs 2,52,162 crore (Rs 2,521.62 billion), crossing the Budget target and pushing up the tax-GDP ratio to 9.1 per cent, during 2003-04.
The Centre's gross borrowing crossed Rs 1,62,000 crore (Rs 1,620 billion) as bond market turned bullish after a fall in price level in the country last week.
Railways is expecting investment through various partnerships.
Prime Minister Atal Bihari Vajpayee said on Saturday the economy was on course to achieve its target of 8 per cent growth during the next five years compared with current levels of 5.5 per cent.
Jaitley does not believe in living on borrowed money.
Airline mum on offer plans, sources say it will be looking to raise around Rs 1,000-1,200 crore
Revenue collections will be on target at around Rs 2,50,000 crore (Rs 2,500 billion) this fiscal in view of the impressive direct tax mop-up, Minister of State for Finance Shripad Naik said on Friday.
