Why it is a headache to own a super-luxury car in India
May 13, 2013 at 17:31 | Source:
MUMBAI: It's not easy being the owner of an exceedingly expensive car in India. Just ask Rishabh Jain, whose Lamborghini Murcielago LP640, in a shade of metallic gray called Grigio Telesto, spends an inordinate amount of time under a cover in the pa...
Will Mukesh Ambani's defence aerospace gambit pay off for RIL?
May 12, 2013 at 06:11 | Source:
Hindustan Aeronautics Ltd (HAL), which enjoys absolute monopoly in India's military aviation, is the butt of many jokes. American defence historian and strategist Edward Luttwak refers to it as a "fossil of a company" famous for not delivering "oper...
Government shortlists six consulting companies for electronics manufacturing
May 10, 2013 at 00:22 | Source:
The Hindu BusinessLine
New Delhi, May 9: The Government has short listed six companies for marketing campaign to promote electronic manufacturing in India including McKinsey, BCG, KPMG, Bain Company, PricewaterhouseCoopers and Accenture. The Government had received intere...
Deloitte, PwC, Ernst Young mull buying Roland Berger: Sources
May 06, 2013 at 02:26 | Source:
FRANKFURT: Financial consultancies Deloitte, PricewaterhouseCoopers and Ernst & Young are interested in buying peer Roland Berger, two people with knowledge of the matter told Reuters on Sunday. The 250 senior managers of Roland Berger, called "part...
Arunachal Pradesh scraps power deal with Naveen Jindal Group
May 03, 2013 at 04:41 | Source:
NEW DELHI/ITANAGAR: Arunachal Pradesh, the epicentre of hydel power in India, has decided to reverse its contentious decision in 2009 to give 49% equity in its hydro-power corporation to the Naveen Jindal Group. The decision, taken last month, came ...
Britain to quiz Google and Ernst Young again on tax
May 01, 2013 at 12:07 | Source:
LONDON: Executives from Google Inc. and its auditor Ernst Young will be called again to a British parliament committee to testify on tax, after a Reuters investigation highlighted inconsistencies in the way Google portrays its activities in Britain,...
Got an income tax notice? Tips to deal with it
Apr 29, 2013 at 09:46 | Source:
A notice from the Income Tax Department is every taxpayer's worst nightmare come true. However, experts say it need not be so. "You should not panic if you get a tax notice. A majority of the notices is sent in the normal course of processing return...
CORRECTED - Luxury carmakers chase India's young, female and frugal
Apr 27, 2013 at 00:15 | Source:
(Corrects sales data throughout to refer to April-December 2012, not April-March financial year)By Henry FoyMUMBAI (Reuters) - Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut ...
UK seeks to rein in 'tax-avoidance' expert firms like PwC
Apr 26, 2013 at 19:02 | Source:
As the UK government goes on an agenda to control accountancy firms that 'aggressively offer clients tax avoidance schemes, Britain's so-called 'Big Four' accountancy firms have reacted angrily, saying the charges by members of parliament are unwarr...
Luxury carmakers chase the young, female and frugal
Apr 23, 2013 at 03:30 | Source:
MUMBAI (Reuters) - Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut costs, broadening their target market to include young, female and middle-class drivers to boost lacklustre ...
Cabinet panel may consider HMT’s revival package tomorrow
Apr 17, 2013 at 00:22 | Source:
The Hindu BusinessLine
New Delhi, April 16: The well-known tractor brand ‘HMT’ may get back its glory, as the Cabinet Committee on Economic Affairs (CCEA) is likely to consider an over Rs 1,000-crore revival package for the Bangalore-based HMT Ltd on Thursday....
Wits Gold - Dealings in Securities by a Director
Apr 16, 2013 at 20:01 | Source:
Wall Street Journal
Clearance to deal for the above transactions was obtained in accordance with Rule 3.66 of the JSE Listings Requirements. Johannesburg. 16 April 2013. Sponsor. PricewaterhouseCoopers Corporate Finance (Pty) Ltd. SOURCE: Wits Gold /CONTACT: Philip ...
A Poorer Big Pharma
Apr 13, 2013 at 09:36 | Source:
At 10.30 am on April 1, the global pharmaceutical industry heard the verdict of a case it had been waiting seven years for. It was anything but an April Fools' prank. That Monday morning, the Supreme Court of India dismissed the plea to patent Glive...
More premium motorcycles vrooming in
Apr 12, 2013 at 08:05 | Source:
Competition is set to intensify in the premium motorcycle category. New models are on the way, suggesting the segment, which offers just seven models now, has immense untapped potential. Industry observers expect the number of premium mobikes to dou...