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July 4th, 2009

Air India to draw up turnaround strategy - Hindu


Nhatky.in

Air India to draw up turnaround strategy
Hindu
Mumbai (PTI): Cash-strapped Air India would draw up a comprehensive short, medium and long-term strategy to rejuvenate itself. This was decided at a marathon meeting lasting nearly 12 hours of the "turnaround committee" comprising representatives of
AI crisis threatens to snowballTimes of India
Air India staff warned of 'harsh' decisionsEconomic Times
Air India employees strike workIndian Express
IBNLive.com -Reuters India -Hindu
all 234 news articles »

Posted by Business - Google News as Business & Finance at 9:30 AM CDT

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Budget: Of taxes and what people want

Recommendations on direct taxes vary from seeking cut in corporate tax, re introduction of standard deduction for salaried employees, removal of STT, DDT, etc.

Posted by rediff Business as Business & Finance at 9:06 AM CDT

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Own part of a PSU and partner with FM?

From a consumer point of view too this would bring about an improvement in the service levels of these companies as there would be more pressure on these companies to perform better and get profits.

Posted by rediff Business as Business & Finance at 9:06 AM CDT

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Here’s how celebs ‘died’ in hoax reports

A channel has put together some of the hoax news stories alleging untimely demise of celebrities, both big and small.

Posted by The Economic Times as Business & Finance at 8:27 AM CDT

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EPFO defers decision on investment funds in capital markets - Economic Times


Fresh News

EPFO defers decision on investment funds in capital markets
Economic Times
4 Jul 2009, 1825 hrs IST, PTI NEW DELHI: The EPFO on Saturday deferred the decision on investing 15 per cent of its corpus of about Rs 1.82 lakh crore into equity, a move which could have seen Rs 25000 crore flowing into the capital markets.
EPFO sticks to 8.5 per cent; waives serious decisionsdomain-B
EPFO wants more of high-yielding PSU bondsIndian Express
Good news for EPF depositors, 8.5% rate retainedMerinews
Press Information Bureau (press release) -Express Buzz -Hindu
all 56 news articles »

Posted by Business - Google News as Business & Finance at 8:00 AM CDT

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EPF interest rate stands unchanged at 8.5 per cent - Economic Times


Nhatky.in

EPF interest rate stands unchanged at 8.5 per cent
Economic Times
NEW DELHI: For the fifth consecutive year, the over 4.5 crore subscribers to the Employees Provident Fund (EPF) will earn an interest payout rate of 8.5%, even as both public and private banks lower their interest rate for deposits.
EPFO wants more of high-yielding PSU bondsIndian Express
Good news for EPF depositors, 8.5% rate retainedMerinews
New EPFO official takes chargeExpress Buzz
Hindu -Fresh News -Economic Times
all 48 news articles »

Posted by Business - Google News as Business & Finance at 7:47 AM CDT

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Indian MFs dominate world’s top-100 funds

Indian MFs dominate world’s top-100 fundsFifty one India-focused funds were among world’s top 100 performing stock funds in the Q to June as domestic shares leapt by nearly half. Measuring MF performance

Posted by The Economic Times as Business & Finance at 7:40 AM CDT

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Astronomers See A New Class of Black Hole - NPR


Laboratory Equipment

Astronomers See A New Class of Black Hole
NPR
Talk of the Nation, July 3, 2009 ยท Scientists say X-ray data collected by the European Space Agency's XMM-Newton spacecraft show evidence of a new type of black hole in a galaxy about 290 million light years from Earth. Astronomer Sean Farrell explains
New Class of Black Holes DiscoveredWired News
New findings suggest midsize black holes existmsnbc.com
Backstory to detecting a possible middleweight black holeChristian Science Monitor
National Geographic -Register -Space.com
all 86 news articles »

Posted by Sci/Tech - Google News as Technology at 7:26 AM CDT

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Dyes: Cut customs duty on inputs

Expects duty drawback to be at par with the present DEPB rates; seeks hike in depreciation to 35% seeks special fund for R & D center for the industry.

Posted by rediff Business as Business & Finance at 7:16 AM CDT

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Hike draw back rates by 5%, say exporters

Considering the sluggish global economy, India’s exports were hit badly in the last few months, and to improve our global competitiveness, exporters seek hike in export benefits

Posted by rediff Business as Business & Finance at 7:16 AM CDT

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Glass: Abolish customs duty on soda ash

Seeks removal of customs duty on soda ash, retain excise duty at current levels and stricter enforcement of ban on use of old bottles in select sectors like pharma, etc.

Posted by rediff Business as Business & Finance at 7:16 AM CDT

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Gems and jewellery industry wishlist

Considering the sluggish demand in the advanced markets, and the huge working capital needs, the sector seeks funds at or lower than International interest rates

Posted by rediff Business as Business & Finance at 7:16 AM CDT

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Create a separate shipping fund

Amidst cyclical downtrend, the shipping sector seeks the government to create a shipping fund with an initial allocation of Rs 10000 crore for acquisition of ships.

Posted by rediff Business as Business & Finance at 7:16 AM CDT

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ITeS sector wants extension of STP scheme

Amidst difficult times with the slowdown in the global economies, the IT-ITES sector seek some respite in terms of extension of STP scheme and some relief on the FBT regulations.

Posted by rediff Business as Business & Finance at 7:16 AM CDT

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EPF interest rate stands unchanged at 8.5 per cent

EPF interest rate stands unchanged at 8.5 per centThe over 4.5 cr subscribers to EPF will earn an interest payout rate of 8.5% even as banks lower their rate for deposits. Making of Budget: Whys and Wherefores?

Posted by The Economic Times as Business & Finance at 7:12 AM CDT

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Gold eases, silver marginally up

Gold prices eased further for the second straight day on the bullion market on Saturday due to persistent stockists offerings inspite of higher London advices.

Posted by The Economic Times as Business & Finance at 6:25 AM CDT

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Apple store employee shot during attempted armed robbery - The Money Times


CNET News

Apple store employee shot during attempted armed robbery
The Money Times
California, July 4: A female employee at an Apple store in a posh DC suburb was shot and wounded Friday morning during an attempted armed robbery, according to media reports. An unidentified man reportedly
Employee Shot at Apple Store; Suspect SoughtWashington Post
Gunfire at Apple Store in DC Suburb Leaves One InjuredPC World
Female employee of Arlington County App Store shot at and woundedTopNews United States
FOXNews -Apple Insider -Tom’s Guide
all 24 news articles »

Posted by Sci/Tech - Google News as Technology at 5:59 AM CDT

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'Kerala's plan to construct new dam a political gimmick' - Hindu


SINDH TODAY

'Kerala's plan to construct new dam a political gimmick'
Hindu
Madurai (PTI): Tamil Nadu PWD Minister Durai Murugan has described Kerala Government's proposal to construct a new dam replacing the existing over century-old Mullaiperiyar dam as a "political gimmick." "Kerala Government cannot proceed with the
Left engine failure forced pilot to land in cityTimes of India
AI plane with 200 passengers has narrow escapeHindustan Times
Flight scare for Kerala CMCalcutta Telegraph
Indian Express -Express Buzz -Deccan Herald
all 51 news articles »

Posted by Business - Google News as Business & Finance at 5:43 AM CDT

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Bank unions defer July 6 strike over merger of SBI associate - Hindu


Thaindian.com

Bank unions defer July 6 strike over merger of SBI associate
Hindu
New Delhi (PTI) Bank Unions have deferred their nation-wide strike called to protest the proposed merger of State Bank of Indore with State Bank of India following the advice of the Deputy Chief Labour Commissioner that both the management and unions
SBI's consolidation proposal hits union hurdleHindu Business Line
SBI banks on SBS success for future MBusiness Standard
State Bank of Mysore to observe strike on July 6Reuters India
Myiris.com -Thaindian.com -MSN India
all 24 news articles »

Posted by Business - Google News as Business & Finance at 5:43 AM CDT

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Bank unions defer July 6 strike over merger of SBI associate - Hindu


Bank unions defer July 6 strike over merger of SBI associate
Hindu
New Delhi (PTI) Bank Unions have deferred their nation-wide strike called to protest the proposed merger of State Bank of Indore with State Bank of India following the advice of the Deputy Chief Labour Commissioner that both the management and unions
Bank employees' strike deferredSamayLive
SBI's consolidation proposal hits union hurdleHindu Business Line
SBI banks on SBS success for future MBusiness Standard
Reuters India -MSN India -Myiris.com
all 17 news articles »

Posted by Business - Google News as Business & Finance at 5:43 AM CDT

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