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Fresh tax claim stumps Nokia

In a fresh salvo fired at Nokia, the Tamil Nadu sales tax commissioner has slapped a Rs 2,400-crore demand notice on the Finnish handset maker, alleging that phones manufactured in the company’s SEZ facility in Chennai were not exported but were instead sold in India....   | Read..
 

Tesco seals retail deal

Tesco, the 72-billion British retailer, today announced that it had picked up a 50 per cent stake in Tatas-owned Trent Hypermarket Ltd (THL), becoming the first global super...   | Read..
 

Selloff kitty set to top target

The government looks set to surpass its pruned divestment target of Rs 19,000 crore for the current fiscal. ...   | Read..
 

Demand for gold duty review

The commerce ministry has asked the finance ministry to review gold import duty norms as the curbs have increased smuggling of the yellow metal....   | Read..
 

Inflation fight caught in debate over role of RBI

Reserve Bank of India governor Raghuram Rajan today said the central bank had not yet started inflation targeting as it was still engaged in discussions with the Union govern...   | Read..
 

Export sops to be more focussed

The new foreign trade policy, which will be announced after the general election, is likely to prioritise sectors to offer export sops. ...   | Read..
 
Fresh tax claim stumps Nokia


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