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Ranbaxy plunges 10% on reports Indian govt orders probe
May 23, 2013 at 15:30 | Source: Moneycontrol.com
Ranbaxy slumped on Thursday after some reports said the Indian government too has initiated an investigation into its past documents and applications and it may face a huge penalty, if found guilty under the Drugs and Cosmetics Act.
Century Textiles to pay Rs 27 cr penalty within one month
May 20, 2013 at 17:11 | Source: Moneycontrol.com
Competition Commission of India (CCI), vide their aforesaid Order, had imposed a penalty of Rs 274.02 crore on Century Textiles. The Company had filed the Appeal with Stay Application against the Order before the Competition Appellate Tribunal (COMPAT). The COMPAT granted stay with deposit of 10% of the penalty amount within one month.
FinMin implements amnesty scheme for service tax defaulters
May 20, 2013 at 09:40 | Source: PTI
Aimed at widening revenue from indirect tax, the Finance Ministry has implemented one-time amnesty scheme for service tax defaulters to pay their due without any penalty or late payment charges.
How To Kiss & Make Up With Vodafone?
May 18, 2013 at 16:48 | Source: Moneycontrol.com
Whoever coined the phrase Incredible India would have hardly expected it to extend to tax policy!
ACC to pay Rs 114.76 cr penalty within one month
May 17, 2013 at 17:01 | Source: Moneycontrol.com
Competition Appellate Tribunal (COMPAT) has passed an order granting the stay to the payment of the penalty, however with a condition that ACC to deposit 10% of the Rs 1147.59 crore penalty which amounts to Rs 114.76 crore within the period of one month.
UltraTech Cement to pay Rs 117cr penalty within 1 month
May 17, 2013 at 16:09 | Source: Moneycontrol.com
UltraTech Cement had filed an appeal with stay application against the Order before the Competition Appellate Tribunal (COMPAT). Hearings on stay application have been held before the COMPAT. While disposing off the application, the COMPAT granted stay with deposit of 10% of Rs 1,175.49 cr within one month from the date of the Order.

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3G: Centre seeks contempt proceedings against Idea Cellular, others
NEW DELHI: The government Friday asked the Delhi High Court to initiate contempt proceedings against Idea Cellular, the chairman of the telco's parent company Kumar Mangalam Birla and five other top ...
May 25, 2013 at 01:00 | Source: Economic Times
Are housing finance companies relevant? - YES
Housing loans in India are offered both, by banks as well as housing finance companies (HFCs). HDFC, the first HFC, was set up in 1977. The National Housing Bank (NHB) was established in 1987 to prov...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
Are housing finance companies relevant? - NO
The current demand for bank credit is being driven by the retail segment, particularly housing loans, which, given their multiplier impact, are sustaining industries with backward and forward linkage...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
Sanofi tax case: Centre files petition in apex court against AP court ruling
New Delhi, May 24: The Centre has filed a special leave petition (SLP) before the Supreme Court against the Andhra Pradesh High Court ruling in the Sanofi case. The AP High Court had in February rule...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
Champions League: The who's who of Bayern Munich
Penpix of Bayern Munich players ahead of the Champions League final against Borussia Dortmund at Wembley on Saturday.GOALKEEPERS1-Manuel Neuer, 27: Enjoyed a record-breaking season and his first Bunde...
May 24, 2013 at 23:39 | Source: FirstPost
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