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Local handset brands keen on making in India

The government’s ‘make in India’ campaign seems to be paying off, at least so far as the mobile handset industry is concerned. Most mobile phones are imported from China,

Royal Enfield sales jump 49 pc in Feb

Two-wheeler maker Royal Enfield today reported 49 per cent jump in total sales in February this year at 30,240 units against 20,343 units in the year-ago period.
Domestic sales also

Transfer pricing limit increased

The threshold limit for application of transfer pricing has been increased to Rs 20 crore from the earlier limit of Rs 5 crore on the basis of the recommendations of

Fags dearer, shoes don’t pinch

Smoking and consumption of other tobacco items is set to become more expensive, while items like leather footwear, locally made mobiles, computer tablets, microwave ovens, refrigerator will turn cheaper due

Service tax rate raised to 14 per cent

Union finance minister Arun Jaitley has proposed to hike service tax rate to 14 per cent from 12. 36 per cent

Corporate tax plan, GAAR deferment cheer India Inc

A proposal to reduce corporate tax and clarification on minimum alternative tax (MAT) and further deferment of the GAAR came in as a whip of fresh air for corporate India and the investing community.

No need of DTC, says Jaitley

Union finance minister Arun Jaitley has introduced a plan to bring a direct tax regime which would be internationally competitive on rates and would be without exemptions, incentivise savings, and

Auto sector welcome EV boost, unhappy with excise rate

Auto industry today welcomed the move to boost manufacturing of electric vehicles (EVs) in the Budget but said Finance Minister Arun Jaitley could have done more for the sector with

Govt earmarks Rs 75 crore for electric vehicles in 2015-16

Finance Minister Arun Jaitley today earmarked Rs 75 crore for faster adoption and manufacturing of electric vehicles in 2015-16, a step which electric vehicles makers termed as a good beginning.

Budget gives slew of benefits to local electronic goods makers

From removing 4 per cent special additional duty (SAD) on PC components to imposing education cess on imported electronic products to spur its ambitious 'Make in India' programme, government today

  • BA in merger talks with Qantas

    British Airways said it is in talks with Australia’s Qantas Airways about a potential merger, sending its shares soaring as it confirmed

  • Axis introduces HDTV network camera

    Axis Communications introduces a network camera, AXIS Q1755, with HDTV performance in compliance with the SMPTE standard in resolution, colour

  • Spark, Aveo wins J D Power award

    US carmaker General Motors on Tuesday said it has won J D Power Asia Pacific 2008 award for its two cars Chevrolet Spark and Aveo U-VA produced by

  • Volvo to temporarily shut production

    Volvo, the world’s second largest maker of trucks, will temporarily shut production of trucks and construction equipment in response to demand that

  • Jet, United Airlines to join hands

    Jet Airways will forge a frequent flyer partnership with the United Airlines, one of the largest international carriers based in the United States,

  • Dell not launching music player

    Dell has decided not to launch its ambitious digital music player tied to online entertainment software before the holidays, The Wall Street Journal

  • K-Srinath-Reddy.jpg
    K Srinath Reddy
    President
    Public Health Foundation

    Personalised medicine has limited uses in terms of prediction of diseases, yet it can be helpful in drug targeting and finding out

  • KK-Mohanty.jpg
    KK Mohanty
    Managing director
    Gammon Infra

    Market situation has improved since the new government came to power. We expect the QIP issue to go through in two to three months.

  • Ajay-Kapur.jpg
    Ajay Kapur
    Chief executive officer
    Ambuja Cements

    The company expects construction acitivity to pick up pace despite the challenging macro-economic conditions, considering the favourable announcements

  • Rajiv-Lall.jpg
    Rajiv Lall
    Managing Director
    IDFC

    There is no clarity on why TAQA took the decision, though they have said there has been a change in priorities.


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