All stories by BS Reporter
I-T dept identifies over 2 million potential non-filers
Rediff.com24 Feb 2014After sending notices to 1.21 million Permanent Account Number (PAN) cardholders who had not filed their income tax (I-T) returns, the I-T department has now identified another 2.17 million potential non-filers. It had already sent letters to 50,000 potential non-filers in the first batch.
UBI board meets, discusses ways to cut bad loans
Rediff.com23 Feb 2014Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
Trai pegs 800MHz base price 48% above previous auction price
Rediff.com23 Feb 2014At Rs 2,685 crore for 1MHz pan-Indian spectrum, reserve price would be 52% higher than that of 1,800MHz band
Bharti to move Nigerian SC against lower court order
Rediff.com21 Feb 2014The company faces $3-bn payout to Econet Wireless.
Deutsche Bank backs its India born co-CEO Anshu Jain
Rediff.com21 Feb 2014Last month, German lender said it was co-operating with regulators in global foreign exchange probe.
Govt seeking to tax one event twice, says Vodafone
Rediff.com20 Feb 2014The company was referring to its total tax liability of Rs 20,000 crore (Rs 200 billion) in terms of capital gains tax of a 2007 deal to buy into Hutch Essar as well as a transfer pricing case.
Tata Power steps up efforts to increase consumer base
Rediff.com19 Feb 2014Tata Power sets up camps to explain the benefits of switchover for low-end consumers from their current supplier.
Rs 1,300-cr cooking gas dole likely to be part of interim Budget
Rediff.com14 Feb 2014Although the future of Direct Benefits Transfer (DBT) on liquefied petroleum gas (LPG) is uncertain for now, the upcoming vote-on-account is likely to account for about Rs 1,300 crore that was transferred to the bank accounts of customers in the form of subsidy.
Telcos only bid for 1,800 MHz band, govt earns Rs 61,000 cr
Rediff.com13 Feb 2014Telcos have stopped bidding for the 900-MHz spectrum since Monday.
No sabotage at Toansa plant, says Ranbaxy
Rediff.com12 Feb 2014Company is among the few companies in the sector getting pulled up by FDA for violations at its factories in India.
Keep us in loop before any FDA swoop, India tells US
Rediff.com11 Feb 2014Inspections only in domestic authorities' presence, visiting US drug regulator told
Mumbai airport's T2 terminal to open on Wednesday
Rediff.com9 Feb 2014Prithviraj Chavan will inaugurate the elevated road linking the western express highway to T2 on Wednesday morning.
Now, Bangalore court summons Vijay Mallya
Rediff.com8 Feb 2014A Special Court for Economic Offences has ordered summons to be issued against him over dues from his Kingfisher Airlines to the I-T Dept.
Biocon contests Roche claims on cancer drug
Rediff.com8 Feb 2014Roche said the Indian regulatory authorities had approved Biocon and Mylan's products as Trastuzumab, but it was unclear if these met the criteria for biosimilar products.
Cyrus Mistry takes charge of Tata Motors
Rediff.com7 Feb 2014To deliver on strategy that late Slym was executing.
Auction of telecom spectrum: Mumbai a big draw for 900-MHz bidders
Rediff.com4 Feb 2014Demand for 1,800-MHz weak but govt secures a combined Rs 42k cr on Day-1
Live drills of BrahMos supersonic fitted to Sukhoi by year-end
Rediff.com3 Feb 2014Integrating supersonic missile with Sukhoi requires about $50 million; engine modifications, so many works given to Russians.
No politics on nation's economics, urges Chidambaram
Rediff.com3 Feb 2014India needs a place where all regulators could gather and function as in a war room.
Live drills of BrahMos supersonic fitted to Sukhoi by year-end
Rediff.com3 Feb 2014Integrating supersonic missile with Sukhoi requires about $50 million; engine modifications, so many works given to Russians.
Domestic car sales drift into slow lane
Rediff.com2 Feb 2014Ahead of the international auto show that begins next Wednesday, the Indian auto industry continues to be buffeted with bad news. According to data released by leading automobile companies on Saturday, the industry's sales volumes in January fell about five per cent from those in the same month last year.