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INDIANCAPITALS : INDIA: BUSINESS NEWS
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Cairn Energy to pay up to $1.1 bn in taxes on Vedanta deal
While UK's Vodafone Group fights its tax liability in courts, British firm Cairn Energy Plc today said it will pay all taxes due, both in India and the United Kingdom, on the $8.48 billion sale of a majority stake in its Indian arm to Vedanta Resources.
Publisher : businessstandard.com
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Ohio outsourcing ban is trade barrier: India Inc
The Indian IT sector, which gets 60 per cent of its export revenue from the US, today said the move by the state of Ohio to ban outsourcing by government departments to offshore locations like India is discriminatory and amounts to a trade barrier.
Publisher : businessstandard.com
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Willis to appeal against Irda order; to terminate tie-up in JV
Global insurance broker Willis Group Holdings today said it will appeal against Irda's recent decision to reject its application for renewal of licence of its joint venture firm in India.
Publisher : businessstandard.com
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Cement prices to soar 10-15% after monsoon: JK Cement
Cement major JK Cement today said that cement prices, which remained subdued so far this fiscal, will go up by 10-15 per cent after monsoon.
Publisher : businessstandard.com
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Vodafone confident about no tax on India deal
Vodafone is confident that there is no tax to pay on the India transaction, it said on Wednesday, after the Bombay High Court dismissed the company's petition in the tax case.
Publisher : businessstandard.com
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FIIs net buyers of Rs 282 cr in cash mkt today
Foreign institutional investors (FIIs) were net buyers of Rs 281.96 crore (provisional) today, according to data released by BSE.
Publisher : businessstandard.com
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RBI likely to soften hawkish monetary policy: Nomura
Ahead of the Reserve Bank of India's (RBI) September 16 monetary review, investment bank Nomura today said the central bank is likely to halt its move to raise policy rates, given the tight liquidity situation and lack of global demand.
Publisher : businessstandard.com
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Tata Motors claims Nano a 'safe' car in advertisement
Tata Motors has embarked on a new advertisement campaign on the 'safety' aspect for recommencing booking of small car Nano, which has been in the news for catching fire on a few occasions.
Publisher : businessstandard.com
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Tata Steel sees no respite in prices
Owing to rising raw material prices, steel prices are not likely to come down, Managing Director of Tata Steel H M Nerurkar said today.
Publisher : businessstandard.com
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Will snatch back undeveloped coal blocks, issuing notices: Govt
Threatening to take away coal and lignite blocks allocated to 81 firms, including ArcelorMittal, Tata Steel and NTPC, the government today said it has started the process of issuing notices to companies that have delayed mining in their properties.
Publisher : businessstandard.com
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Action against Prakash Ind only after CBI probe complete: Govt
In the midst of a CBI probe into alleged black marketing of coal by Prakash Industries from mines alloted to it in Chhattisgarh, the government today said it would decide on action, including on the lease agreement, only after completion of the investigation.
Publisher : businessstandard.com
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NecLife gets KFDA nod for Cefuroxime Axetil
Nectar Lifesciences (NecLife) today got an approval from Korean Food and Drug Administration (KFDA) for Cefuroxime Axetil (Amorphous). The company expects business potential worth $10 billion in South Korea for the approved molecule.
Publisher : businessstandard.com
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Dana rebuts KNOC bid, says worth much more
Dana Petroleum rejected a hostile 1.67 billion pound ($2.57 billion) bid from Korea National Oil Corp (KNOC) on Wednesday, citing an independent valuation that said the UK explorer was worth considerably more.
Publisher : businessstandard.com
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Obama pitches road spending, tax incentives in Ohio
US President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
Publisher : businessstandard.com
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BP set to publish report on oil spill rig blast
BP is due to release its internal investigation into what caused a rig blast that led to the United States' worst ever oil spill on Wednesday and investors will be looking for clues as to whether BP will be able to fend off accusations of gross negligence.
Publisher : businessstandard.com
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INDIA HEADLINES
Updated every 10 minutes
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Look Out Groupon – WhitePages Has Big Plans For Social Buying Site DealPop
techcrunch.com
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Breaking news: India to host Formula One race in 2011
dnaindia.com
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Goalkeeper Seigo Narazaki retires from Japan team
dnaindia.com
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Ohio outsourcing ban is trade barrier: India Inc
businessstandard.com
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Cairn Energy to pay up to $1.1 bn in taxes on Vedanta deal
businessstandard.com
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England's top prosecutor supports introduction of US-style murder charges
foxnews.com
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Gypsy leader compares Sarkozy to Romania's pro-Nazi wartime leader after Gypsy expulsions
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2 panda cubs born in Spanish zoo after artificial insemination; genders still unknown
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H1N1 2009 Swine Flu Complications No Worse Than Seasonal Flu, US
medicalnewstoday.com
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Romanian Gypsy Leader Compares Sarkozy to Nazis
foxnews.com
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Dostana 2 postponed to March
indiaglitz.com
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Dabangg banned in Pakistan
indiaglitz.com
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Mountaineers 256/10 v Matabeleland Tuskers 267/10 & 128/4 *
cricinfo
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Southern Rocks 325/10 & 112 * v Mashonaland Eagles 331/9
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Kent 120/4 * v Hampshire 204/10
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Leicestershire 295/10 & 34 * v Gloucestershire 159/10
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Middlesex 210/5 * v Worcestershire 313/10
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Nottinghamshire 59/10 & 196/2 * v Yorkshire 264/10
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Somerset 318/8 * v Lancashire 259/10
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Surrey 380/10 v Glamorgan 44/2 *
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Sussex 381/10 v Northamptonshire 125/10 & 22 *
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Essex 268/10 v Durham 175/9 *
cricinfo
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India Cements 99/1 * v Indian Oil Corporation XI 268/8
cricinfo