The Hindu Business Line : Wednesday, September 26, 2007

‘Vodafone liable to deduct tax at source on Hutch deal’
New Delhi, Sept 25 The Income-Tax Department is hopeful of emerging victorious in the legal wrangle over its attempt to collect capital gains tax on the $11.1-billion Vodafone-Hutchison deal. Although Vodafone has taken the position ... More

Essar raising $3.6 b in term loans
Mumbai, Sept. 25 The Essar group has mandated a clutch of international banks to arrange $3.59 billion (over Rs 14,000 crore) in term loan against put options that exist in the Vodafone-Essar agreement.The group’s wholly owned ... More

Palm Treo launched on Airtel network
New Delhi, Sept. 25 Mobile computing firm Palm Inc. has announced the availability of the Palm Treo 750 smartphone in India in partnership with Bharti Airtel. It is the first Windows-based Treo smartphone to be launched in India. The ... More

INSIGHT
Networking technologies — Driving pharma industry growth
The pharma sector’s sharper focus on R&D underlines the need for robust, scalable and secure networking solutions, says ANIL BHASIN, adding that communications technology is a key enabler for the contract research and clinical trial busines s, in which India is emerging as an important hub. More

INFRASTRUCTURE
Nabard loan for Kochi IT complex
Thiruvananthapuram, Sept. 25 Nabard has sanctioned Rs 50 crore from its Rural Infrastructure Development Fund XIII (RIDF XIII) for a new IT complex at Infopark in Kochi being implemented by the IT Department of Kerala Government.The ... More

TAXATION
Global Net telephony service providers face tax query
New Delhi, Sept. 25 After Vodafone Essar, the tax authorities have now put global Internet-based long distance telephone service providers under the scanner to determine whether these companies are required to pay service tax in ... More

SOFTWARE
Newgen Soft shifts development centre
Coimbatore, Sept. 25 Newgen Software has shifted its development centre to the SIPCOT IT Park in South Chennai. The move is in line with its expansion plans. While the new facility would provide seating capacity for 300 people at ... More

BA Systems makes use of India’s cost advantage
BA Systems is less than three years old, but the American company is taking on giants such as Cisco and Juniper Networks with its low cost networking solutions, thanks to its India advantage.The company, which has a manufacturing ... More

INDUSTRY ASSOCIATIONS
PC sales log more than 1.7 million in Q1: MAIT
Falling prices of notebooks fuel demand from households More

HUMAN RESOURCES
Optimum level of attrition good for a co’s health
Bangalore, Sept. 25 Attrition is healthy. For an economy that’s hiring like there’s no tomorrow, this may sound unacceptable, but some HR managers do believe that a company does an optimum level of attrition to stay healthy. ... More

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Address by MOS for Commerce Jairam Ramesh to NASSCOM (pdf)

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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Looking back
Sep. 16-Sep. 22
India growth on a roll, says Accenture

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