The Hindu Business Line : Saturday, March 08, 2008

Tata Tele to sell 49% stake in tower biz
New Delhi , March 7 Tata Teleservices is planning to sell up to 49 per cent stake in its tower subsidiary Wireless Tata Telecom Infrastructure Ltd in the next two months. The company has short listed as many as 15 bidders which include tower ... More

Inflation at 5.02%, breaches RBI’s tolerance limit
Across-the-board price rise pushes inflation to 9-month high More

Thomas Cook buying 74.9% stake in Indian arm for Rs 1,543 cr
Buyback of 54.9% stake at Rs 107/share in Indian co from Dubai Financial More

IDFC to buy StanChart India MF biz
For a total cash consideration of $205 million More

Inflation rate crosses 5% as food items turn dearer
Fuel, power, lubricants group index unchanged More

RBI keeps rupee low at the cost of oil sector
Intervention in forex market pushes up the rupee cost of crude More

The gold rush
More

Is the ‘assessee in default’ amendment aimed at Vodafone?
Does Vodafone have something to worry about in the latest Finance Bill? Seems so, according to tax experts, who cite the proposed amendment to Section 201 of the Income-Tax Act, 1961 about ‘assessee in default’. Significantly, ... More

Clarification not to impact MAT outgo, say IT firms
‘PBT taken as book profit for tax calculations’ More

Mitsubishi plans bigger line-up in next 2 years
Outlander SUV will be among first products; to triple sales by 2010 More

Bengaluru airport begins test flights
Bangalore, March 7 The trial flight to and from the new Bengaluru International Airport on Friday probably could not have been more symbolic than this. A highly turbulent 15-minute trip each way on Friday from the present HAL airport to the ... More

In Hyderabad, where do they go…old airport or new?
PASSENGERS DILEMMA More

Promoter, public disconnect
In the case of a company whose projects have not gone on stream, thus having nothing to show by way of profits, should there not be parity between the promoter and the public in the matter of price paid per share? More

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