The oil companies are planning to raise petrol and diesel prices by Rs. 2-4 per liter after the legislative elections of five states. All the state owned oil companies are losing Rs. 4 per liter on petrol. The petrol prices were revised on December 1, after which the prices were not changed due to the […]
The Non-Residential Indians (NRIs) expects from the Finance Minister to reduce the Tax Reduction at Source (TDS). NRIs are charged with TDS and they want some relaxation, whereas Resident Indians are charged with TDS only when income exceeds a certain limit. There is no such rule for the NRIs. Financial Budget 2012 for NRIs The […]
In comparison to the last year, Indian Institute of Management, Calcutta is facing the “slot zero” which means 10% dip in placement process. Last year, the institute got 120 job offers within two days of placement process, but this year institute got only 108 offers. Indian Institute of Management, Calcutta According to the Student Placement […]
The share is falling down after the merging plans done by Sesa Goa and Sterlite on last Monday. The parent Vednata Resources decided to merge the company with group from Sterlite Industries and set a swap ratio of three Sesa Goa shares for every five Sterlite shares. Sesa Goa The brokerage Prabhudas Liladhar said the […]
As Tata Motors is one of the leading automobile companies in India, they planned to hold a strong place in the utility vehicle segment by selling 5000 units of Tata Sumo Gold every month. The new variant of the Sumo gold will be cheaper by Rs. 40,000 than the existing model, equipped with CR4 engine […]
Hyderabad Angels has invested Rs. 2 crore in Mumbai based Green India Building Systems and Services Private Limited for a round of series of network. However, the press statement did not disclose the utilization of the funds produced by GIBSS, or the stake hold by angel network in the company, which provides energy-efficient geothermal, hot […]
Declining rentals are affecting the Mumbai real estate to a large extent. Recently, Mumbai’s central business district, Nariman Point has fallen off from being the top 8th to top 15th position on the list of the top rent rankings globally, Office Space Across the World 2012 by Cushman & Wakefield. The decline is due to […]
Toshiba JSW Turbine and Generator Pvt Ltd received a Rs.2,300 crore service order from NTPC (National Thermal Power Corporation) for the supply of three 800 MW supercritical steam turbine and generator island packages. The news was released latest on Februvary 20th. Sources say that these steam turbine and generator packages are used for the Kudgi […]
