manmohan-singh

Expert Panel Proposes Deferment of GAAR till 2016

An advisory panel on General Anti Avoidance Rules (GAAR) set up Prime Minister Manmohan Singh recommended the postponement of the controversial prevention of tax evasion rule to be put off until 2016-17, in a move that will ease foreign investor worries about investing in India. Sep 2, 2012
palaniappan-chidambaram

Chidambaram Supports 49 pct FDI in Insurance, Pension Sectors

The Finance Ministry on Wednesday approved a hike in foreign direct investment in insurance and pension sectors to 49 percent, allowing for a push in reforms in India's rigid investment sector despite opposition from left parties and trade unions. Aug 23, 2012
apple-iphone-5

Apple iPhone 5 Could Break Record; Release Date and Projected Price in India

Even as the buzz around the most-anticipated next-generation smartphone of the year - iPhone 5 - is getting louder by the day with its expected release date drawing closer, FBR Capital analyst Craig Berger has created a new wave of hysteria by claiming that the Apple's flagship smartphone could break records in terms of sales. Aug 21, 2012
apple-iphone-5

Apple iPhone 5 May Affect Q3 Result

As Apple Inc gets ready for its third quarter results, many are apprehensive on its earning following the hype around its upcoming next generation smartphone iPhone 5. Jul 24, 2012
a-lone-kingfisher-airlines-customer-waits-in-a-check-in-queue-at-mumbais-domestic-airport

Kingfisher Airlines Cancels Over 40 Flights as Pilots go on Strike

Debt-ridden Kingfisher Airlines cancelled as many as 41 flights on Saturday after a section of staff restored to strike demanding immediate payment of their due salaries. The striking airlines pilots have alleged that the airlines management haven't paid salaries for about five months. Jul 14, 2012

Reebok Files FIR Against Former Top Employees For Alleged Fraud

Reebok India on Tuesday filed an FIR against its former managing director Subhinder Singh Prem and COO Vishnu Bhagat for allegedly mishandling the company's money by indulging in fictitious sales, and setting up forged accounts over the past couple of years May 23, 2012