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FM sets limit on tax claims

Finance minister Pranab Mukherjee today said the income tax department would not reopen cases where the assessment had been finalised before April 1, 2012, soothing the nerves of investors who had feared that the tax amendment proposals in the budget would lead to a deluge of fresh claims....   | Read..
 

Reshuffle at M&M top

Keshub Mahindra will retire as chairman and managing director of Mahindra & Mahindra (M&M) in August. Anand Mahindra will replace him. ...   | Read..
 

Panel removes green hurdle to coal mining

A ministerial panel, headed by finance minister Pranab Mukherjee, today decided to do away with the controversial “go, no go” classification of coal blocks an...   | Read..
 

Bad day for Tata Motors

Shares of Tata Motors today tanked nearly 12 per cent on the bourses because investors were disappointed with the drop in margins of Jaguar Land Rover (JLR) even as the a...   | Read..
 

GAIL plans pipeline expansion

GAIL (India) Ltd has lined up Rs 7,000 crore investments this fiscal even as a big slice of its earnings is going as subsidy to PSU refiners for selling fuels below their...   | Read..
 
Pranab Mukherjee in New Delhi on Wednesday. Picture by Prem Singh


 Press Releases
 

AI pilots face the heat

The directorate general of civil aviation (DGCA) is planning to take severe action against the Air India pilots, whose s...   | Read..
 

Facelift for Bata factories

Bata India will invest Rs 15 crore annually for the next three years to modernise its three factories in Batanagar, Patn...   | Read..
 

Tide Water sounds out Japan firm

Tide Water Oil, part of public sector conglomerate Andrew Yule, is exploring the possibility of setting up a joint ventu...   | Read..
 
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