The Hindu Business Line : Wednesday, October 08, 2003

SC upholds tax exemption to Mauritius-based entities
THE Supreme Court on Tuesday upheld a Finance Ministry circular dated April 13, 2000, allowing Foreign Institutional Investors and other investment entities incorporated in Mauritius to claim tax exemption under the Indo-Mauritius Double Taxation ... More

SC verdict `double-edged sword', say experts
EXPERTS see the Supreme Court's verdict upholding the validity of the Finance Ministry's April 13, 2000, circular relating to the Indo-Mauritius Double Taxation Avoidance Convention (DTAC) as a double-edged sword. On the one hand, it is a shot ... More

After 20 years, India may export groundnut oil
IT'S incredible but true. For the first time in 20 years, India is in a position to export groundnut oil this year. This is possible thanks to a sharp rebound in output of oilseeds including groundnut and a significant increase in production ... More

Honda Siel readies desi version of Fit
HONDA Siel Cars India Ltd has started the countdown and kicked off the commercial production of its yet unnamed second offering in the highly competitive C segment of the industry. Top company sources told Business Line that over a ... More

HLL back on Star; in talks with DD
IT'S a relationship neither can do without. Though both Star India and Doordarshan (DD) may have yanked off Hindustan Lever Ltd (HLL) - the country's largest advertiser - from their channels, the FMCG major is set to make a comeback ... More

Leyland H1 sales up 29%
ASHOK Leyland Ltd has sold 20,360 vehicles in the first half of this financial year, a 28.7 per cent growth over the 15,821 vehicles it sold in the first half of the previous financial year. The company's sales at 4,615 vehicles in September 2003 ... More

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