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Gem, jewellery sector sees little relief from Budget

06-Jul-2009 - 16:29 — gloscon-admin
Gem, jewellery sector sees little relief from Budget

MUMBAI: India's federal budget on Monday brought little relief to the gem and jewellery sector as lack of a cut in interest rates took away cheer from the excise exemption on branded jewellery sale

Govt announces extension of stimulus package for print media

06-Jul-2009 - 15:59 — gloscon-admin
Govt announces extension of stimulus package for print media

NEW DELHI: The Government on Monday announced the extension of stimulus package, including a 10% increase in government advertisement rates,

Porbandar railway station: Languishing in neglect

06-Jul-2009 - 15:39 — gloscon-admin
Porbandar railway station: Languishing in neglect

Porbandar railway station which is housed in an ancient building is in shambles. The clock tower which once adorned the building is missing.

Satyam shareholders rebuff Tech Mahindra's open offer.

06-Jul-2009 - 15:22 — gloscon-admin
Satyam shareholders rebuff Tech Mahindra's open offer.

MUMBAI: Shareholders of Satyam have rebuffed the open offer made by IT firm Tech Mahindra as only 4,20,915 shares, or 0.1 per cent stake, in the company were tendered in the offer.IT firm Tech Mahi

'Rising Re to hurt IT cos'

06-Jul-2009 - 15:03 — gloscon-admin
'Rising Re to hurt IT cos'

NEW DELHI: Revenues of major IT firms are expected to be hit by up to 7 per cent in rupee terms in the April-June period as appreciation in the Indian currency against the dollar during the quarter

When walkers took over C G Road

06-Jul-2009 - 14:23 — gloscon-admin
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When walkers took over C G Road

Ahmedabad  : Six-year-old Rashmi walked up to the podium, set up close to CG Road, and broke into an impromptu jig. As a singer belted

Pranab raised I-T exemption limit, scraps FBT, CTT

06-Jul-2009 - 13:44 — gloscon-admin
Pranab raised I-T exemption limit, scraps FBT, CTT

NEW DELHI: Finance minister Pranab Mukherjee on Monday raised tax slabs in his Union Budget 2009-2010 speech.He proposed to increase the income tax exemption limit for senior citizens by Rs 15,000,

Breathing time: FIIs take short break

06-Jul-2009 - 13:22 — gloscon-admin
Breathing time: FIIs take short break

COIMBATORE: After pumping in more than $5 billion into Indian markets so far this year, FIIs have stopped to catch a breath. While the markets

Will dalal street press the buy button?

06-Jul-2009 - 13:08 — gloscon-admin
Will dalal street press the buy button?

MUMBAI: Will finance minister Pranab Mukherjee give Dalal Street enough reason to press the `buy' button in Monday's session, reversing the

‘This Budget may not be a dream one’

06-Jul-2009 - 12:52 — gloscon-admin
‘This Budget may not be a dream one’

NEW DELHI: The Budget 2009 may not be a dream one, according to Moody’s Economy.com analyst Sherman Chan. He said that government was faced

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