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Fringe tax tweak under study
The finance ministry is considering ways to relax the manner in which the much reviled fringe benefit tax (FBT) is calculated. ...  | Read.. 
 
Sensex starts new year with a bang
The capital market began 2007 on a promising note despite apprehensions about stretched valuations and a rising interest rat ...  | Read.. 
 
Allcargo buys Thomas Cook arm
Allcargo Global Logistics is acquiring Hindustan Cargo (HCL), a wholly owned subsidiary of Thomas Cook (India) Ltd, at an es ...  | Read.. 
 
Banks queue up for funds
Banks’ appetite for funds continue in the new year as well. UTI Bank will raise Rs 100 crore through a debenture issue. ...  | Read.. 
 
Power outfits give gas a short shrift
The power sector prefers coal to gas as feedstock for plants at a time when private companies such as Reliance are steaming ...  | Read.. 
 
Sensex starts new year with a bang

 
Jet to buy Dreamliner aircraft
Jet Airways today said it would buy 10 Boeing 787-8 series aircraft to expand its international ope..  | Read.. 
 
Trai in two minds over roaming tariff
Faced with opposition from operators, telecom regulator Trai today appeared hesitant in revising th..  | Read.. 
 
Stalwarts come calling
Global telecom firms Cisco, Alcatel and Flextronics are flocking to India for a piece of the $25-..  | Read.. 
 
Airline merger plan to be finalised soon
The group of ministers (GoM) headed by external affairs minister Pranab Mukherjee is likely to meet..  | Read.. 
 
Big rush to cash in on stock option
The buoyant stock markets have provided shareholder-directors of India Inc with an opportunity to b..  | Read.. 
 
Room for more Corus suitors
While the fight between Tata Steel and CSN over Anglo-Dutch steel maker Corus continues, experts fe..  | Read.. 
 
Hutch Essar war may take new turn
The high-profile bidding war for control of Hutch Essar could intensify with reports in the Britis..  | Read.. 
 
Bank duo hikes PLR
Bank of India (BoI) and Bank of Baroda (BoB) today hiked their benchmark lending rates by 50 basis ..  | Read.. 
 
Assam gas cracker project on track
The Centre’s Assam gas cracker project has been named Brahmaputra Cracker and Polymers and is ..  | Read.. 
 
Teradata upbeat on growth trend
Teradata Corporation, the $1.5-billion big daddy of global data warehousing, is banking on business..  | Read.. 
 
AROUND THE GLOBE
Hyundai bets on high-end models
Top South Korean auto maker Hyundai Motor said on Tuesday it expected global revenue growth to mor..  | Read.. 
 
Euro firm, oil below $61
The euro started the year on a firm note on Tuesday, hitting a record high against the yen, but fin..  | Read.. 
 
Russia gas deal saves Europe
Russia and Belarus announced a last-minute deal on gas prices on Monday, moments before Moscow was ..  | Read.. 
 
Wireless push to AT&T growth
AT&T plans to push new wireless services and make advertising a key revenue stream following it..  | Read.. 
 
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