New Delhi, June 3: Satyam Infoway Ltd has got a major relief in its internet business as the Supreme Court has set aside a Delhi High Court order allowing another company to use a domain name deceptively similar to its website www.sify.com. Setting aside a high court order allowing Siffynet Solutions Pvt Ltd to carry on its business with domain names like www.siffynet.com, a bench comprising Justice Ruma Pal and Justice P. V. Reddi said Sifynet Solutions should continue its business by changing its domain name.
New Delhi, June 3: The finance ministry today appointed National Securities Depository Ltd for providing permanent account numbers (PAN) to new taxpayers in 139 cities from the next week. The income tax department is also planning to introduce a system for filing PAN applications through the internet.
Mumbai, June 3: Bayer CropScience Ltd has constituted a committee of directors to look into and take necessary action for transfer of a certain portion of land and buildings and certain identified assets to Bayer Rubber Chemicals Pvt Ltd.
New Delhi, June 3: Labour minister Sis Ram Ola will meet finance minister P. Chidambaram to decide on the provident fund rate for over 3.2 crore subscribers for the current year.
Calcutta, June 3: The maiden public offer of Haldia Petrochemicals Ltd would hit the capital market in the third quarter of the current financial year.
Mumbai, June 3: The Reserve Bank of India has received a good response to the auction of two government securities aggregating Rs 10,000 crore.
Mumbai, June 3: The Board for Industrial and Financial Reconstruction has approved the merger of Ambuja Cement Rajasthan (ACRL) with Gujarat Ambuja Cements (GACL), effective from June 1. According to the approval, one new share of GACL would be issued for every 50 of ACRL.