In good spirits: Beam Global bets big on India
Beam Global Spirits Wine is a company better known perhaps by its brands. Laphroaig, Teacher’s, Cockburn’s Port, and Canadian Club are just some from a long list of popular brands of the company. Its flagship brand, Jim Beam dates back to 1795.
Sat, 21 Nov 2009 17:51:50 GMT
Trellisys.net: Cashing in on the social networking craze
The global craze for social networking platforms is palpable and applications on these platforms can become money-spinners. Proving this is Bangalore-based Trellisys, which has designed a game that has found mention in Facebook's list of 50 top applications to watch.
Sat, 21 Nov 2009 17:47:41 GMT
Obama asks Americans for patience on economy
President Barack Obama on Saturday urged Americans to show patience over the economy and argued that his just-concluded Asia trip was critical for U.S. exports, countering criticism he had returned empty-handed.
Sat, 21 Nov 2009 17:34:23 GMT
Italy arrests Pakistanis suspected of Mumbai links
Italian anti-terrorist police have arrested two Pakistanis suspected of helping to finance the Islamic militant group responsible for the attacks on Mumbai in November 2008, that killed 166 people.
Sat, 21 Nov 2009 17:34:17 GMT
Govt plans rice reserve sale in local markets
India, the world's second biggest rice grower, plans to sell the grain in local markets from reserves to douse fears of shortage caused by the worst monsoon in three decades, Farm Minister Sharad Pawar said on Saturday.
Sat, 21 Nov 2009 16:37:17 GMT
Aurobindo Pharma sees bn sales in next 3 years
Aurobindo Pharma has inaugurated a Rs 150 crore drug manufacturing plant at its pharma SEZ in Hyderabad. It expects revenues to hit USD 2 billion by 2013.
Sat, 21 Nov 2009 16:22:20 GMT
Now, Daigeo's duty free products are under DRI lens
Its day three of the Department of Revenue Intelligence’s probe into Diageo for alleged duty evasion. Sources say Sun Tan Trading has admitted guilt and the DRI suspects more worms from the Diageo can.
Sat, 21 Nov 2009 16:07:27 GMT
RBI's new forex derivative rule too liberal, say experts
The Reserve Bank of India (RBI) has announced draft rules for foreign exchange (forex) derivatives. The majority opinion from bankers, corporates and RBI insiders is that the RBI has been liberal enough to take a step forward by allowing corporates to write options at a time when the world is so much pitted against allowing corporates.
Sat, 21 Nov 2009 15:11:57 GMT
Implications of tax treaty re-negotiation
This tax treaty controversy is snowballing. First it was just the India Mauritius Double Tax Avoidance Treaty that was under a shadow and has been that way for a couple of years then the proposed Direct Tax Code released in August this year proposed a Treaty of Override Clause.
Sat, 21 Nov 2009 14:30:45 GMT
Beware unearths how agents allegedly sell cars at a premium
Beware unearths how unauthorised car dealers are unabashedly promising you your dream car allegedly by charging you extra premium for a quick delivery.
Sat, 21 Nov 2009 14:25:23 GMT