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| Today's News |
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February 09, 2010
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India can play key role in global tax reform body: OECD
New Delhi: India, vice-chair of a global peer review group of the Global Forum on Transparency and Exchange of Information for Tax Purposes, could play a leading role in the proposed global task force on tax and development, being set up by Organisation for Economic Co-operation and Development (OECD). |
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India Inc offers 40% more bonus shares this fiscal
New Delhi: Issue of bonus shares by India Inc to its shareholders in the first 10 months of 2009-10 has shot up 40 per cent over the total during the fiscal ended March 2009. |
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India's IT market pegged to grow at 15.5 per cent in 2010
New Delhi: The Indian information technology (IT) market is expected to grow at around 15.5 per cent in 2010, on the back of growing investor confidence and favourable initiatives taken by the government, according to a study by Springboard Research. |
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'Emerging markets grab higher share of FDI in 2009'
London: In 2009, emerging markets grabbed a higher share of foreign direct investment (FDI)—51.6 per cent—than developed countries did, according to a study on globalisation by Ernst & Young. |
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SEZ exports rise by 127 per cent in Apr-Dec 2009
New Delhi: According to Dr L B Singhal, Director-General, Export Promotion Council for Export-Oriented Units and SEZs, exports from the Special Economic Zones (SEZs) grew by a robust 127 per cent in the first nine months of 2009-10 to over US$ 32.53 billion compared to US$ 14.28 billion in the same period in the previous year. |
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Domestic car sales up by 32 per cent: SIAM
New Delhi: According to the figures released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales have increased 32.28 per cent at 145,905 units in January 2010 from 110,300 units in the same month last year. |
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LG India to invest Rs 1400cr by 2013
New Delhi: The Indian unit of South Korea's LG Electronics is to spend Rs 1,400 crore (US$ 300.2 million) over three years to hike capacity and build a third factory, as it looks to step up production in India, which is poised to become its second-largest market by revenues. |
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