Tata trusts given irregular tax exemptions: CAG

Government auditor CAG on Friday pulled up the Income Tax Department (ITD) for allowing irregular tax exemption to two Tata trusts involving tax implication of over Rs 1,000 crore (Rs 10 billion).......

Invest in naxal-affected areas too: P Chidambaram

Union Home Minister P Chidambaram urged the captains of India Incto invest in naxal-affected areas too for the upliftment of the country. He asked them to visit and study the problems of the......

Ratan Tata, the ugly duckling

Over the past 30 hours, I have asked several people what previous event in India's manufacturing history they can compare with Ratan Tata's launch of the Nano as the world's cheapest car. Most......

Nationalism has no place in business

National triumphalism was conspicuous by its presence the day after Tata Steel outbid Brazil's CSN by 5 pence a share to acquire Corus, the Anglo-Dutch incarnation of British Steel. All through the......