Court orders Indian Oil Corp to pay entry tax on crude
Posted Date : 02-Feb-2012 , 08:04:12 am | Posted By CASANSAAR
An Indian court has ruled that the country's biggest refiner, Indian Oil Corp, must pay entry tax on the crude it supplies to a plant in a northern state, the company told the country's stock exchange on Wednesday. IOC said the order could have "financial implications". It did not say when the Al...
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Corruption is a threat to democracy: Supreme Court
Posted Date : 31-Jan-2012 , 09:11:32 pm | Posted By CASANSAAR
Expressing concern over corruption plaguing public life, the Supreme Court on Tuesday said the malady poses a "grave" danger to the country's democracy. "Today, corruption in our country not only poses a grave danger to the concept of constitutional governance, it also threatens the very foundat...
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Shah Rukh Khan beats up Farah Khans husband Shirish Kunder at Sanjay Dutt party
Posted Date : 30-Jan-2012 , 04:46:32 pm | Posted By CASANSAAR
Actor Shah Rukh Khan reportedly beat up scriptwriter/director Shirish Kunder, the husband of one his close friend and director Farah Khan, at a party thrown on Sunday night in Mumbai by actor Sanjay Dutt to celebrate the success of his filmAgneepath.
After the Shah Rukh-Salman brawl at Katrina Ka...
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CA commits suicide over family dispute
Posted Date : 29-Jan-2012 , 07:53:27 am | Posted By CASANSAAR
A 40-year-old chartered accountant committed suicide at his house in Rohini in outer Delhi in the wee hours of Saturday, the police said. The deceased, identified as Bharat Bhushan Chawla, a resident of Rohini Sector 16, was apparently under stress over a family dispute.Bharat had been staying ...
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HUDCOs Rs 4685 crore bond issue opens on January 27
Posted Date : 26-Jan-2012 , 09:14:41 am | Posted By CASANSAAR
State-run Housing and Urban Development Corporation (HUDCO) today said its public issue of tax-free bonds will hit the market on January 27 with a target of raising up to Rs 4,685 crore. "HUDCO is issuing tax-free bonds with a face value of Rs 1,000 each... aggregating Rs 2,000 crore with an opt...
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TRAI grants relief to business houses on 200 SMS limit
Posted Date : 25-Jan-2012 , 10:05:43 pm | Posted By CASANSAAR
The business houses will longer have to worry about the limit of 200 SMS per day per SIM to inform the customers about their services as Telecom Authority of India (TRAI) on Wednesday decided to exempt machine to machine and person to machine messages from the limit of 200 SMS per day per SIM.
&n...
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SC asks centre to consider bringing minimum wages under NREGS on par with states
Posted Date : 23-Jan-2012 , 09:57:21 pm | Posted By CASANSAAR
The Supreme Court on Monday asked the Centre to consider bringing the wage under the National Rural Employment Guarantee Scheme (NREGS) on par with minimum wages prevailing in different states. A Bench of Justices Cyriac Joseph and Gyan Sudha Misra asked Solicitor General Rohinton Nariman to ask the...
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Finance min studies high use of black money in real estate sector
Posted Date : 23-Jan-2012 , 08:44:32 am | Posted By CASANSAAR
The National Institute of Public Finance and Policy (NIPFP) has asked the inspector general of Registration and Controller of Stamps to submit the details of the three highest-value transactions that happened in the last two years in every area in Mumbai and Pune. It has also sought the nu...
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'Mere filing of IEM is not a clearance of approval'
Posted Date : 21-Jan-2012 , 07:44:14 am | Posted By CASANSAAR
The Government today clarified that the onus for compliance of legal provisions lies on entrepreneurs, even in industries which are exempted from licensing.A press release issued in New Delhi by the Ministry of Commerce and Industry said, mere filing of Industrial Entrepreneurs Memorandum (IEM) even...
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L&T launches long-term infrastructure bonds
Posted Date : 17-Jan-2012 , 08:42:28 am | Posted By CASANSAAR
Infrastructure bonds are gaining popularity because of the recently introduced tax benefit under 80CCF. Under this Section of the Income Tax Act, an investor can seek tax relief on the investment amount up to 20,000 in long-term infrastructure bonds. After a spate of infrastructure bond issu...
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22 crore Aakash tablets required in future: Government
Posted Date : 15-Jan-2012 , 09:17:58 pm | Posted By CASANSAAR
The government has said it will require an additional 22 crore units of the world's cheapest tablet Aakash to move a step further in its endeavour to merge education with information technology. "Initially, we bought one lakh Aakash tablets but we need 22 crore more tablets in the coming years a...
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BANK OF BARODA
Posted Date : 14-Jan-2012 , 08:20:22 am | Posted By CASANSAAR
Bank of Baroda is positioning itself to offer a world-class banking experience to its customers around the globe through its innovations in products, services and advanced technology. Towards this end, the Bank is transforming itself into a ‘Technology-enabled Customer-c...
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Govt grants sanction to prosecute 21 social networking sites
Posted Date : 13-Jan-2012 , 09:01:08 pm | Posted By CASANSAAR
The Government today granted sanction to prosecute 21 social networking sites for allegedly promoting enmity between classes and causing prejudice to national integration.The Department of Information Technology, in its report, told a Delhi court that there is sufficient material to proceed against ...
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We can block Facebook, Google like China: Delhi HC
Posted Date : 12-Jan-2012 , 10:24:18 pm | Posted By CASANSAAR
The Delhi high court today warned social networking site Facebook India and search engine Google India that websites can be "blocked" like in China if they fail to devise a mechanism to check and remove objectionable material from their web pages. "Like China, we...
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Satyam sues former Board of Directors, certain employees, Price Waterhouse
Posted Date : 09-Jan-2012 , 07:39:00 pm | Posted By CASANSAAR
Satyam Computer Services on Monday said it has filed a suit in a Hyderabad court against its former Board of Directors, certain employees and the company's audit firm Price Waterhouse seeking damages for perpetrating fraud. "The company filed a suit in the City Civil Court, Hyderabad, against ...
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Get ready for higher professional tax as states plan revision
Posted Date : 09-Jan-2012 , 09:12:10 am | Posted By CASANSAAR
Chartered accountants, lawyers and other professionals may have to shell out more money as state governments are contemplatingraising the incidence of professional tax, reports PTI.
The issue of raising the&nbs...
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Cover all statues of Mayawati, BSP symbol: CEC
Posted Date : 07-Jan-2012 , 07:38:32 pm | Posted By CASANSAAR
The Election Commission today said statues of Chief Minister Mayawati and elephants, BSP's poll symbol, installed at a number of places in Uttar Pradesh would be covered during the state assembly election.
"The Commission has decided that statues of the CM and elephants will be draped," Chief E...
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Pre-paid mobile users can get bill by paying Rs 50: Trai
Posted Date : 06-Jan-2012 , 07:30:11 pm | Posted By CASANSAAR
In an effort to protect the interests of pre-paid mobile services users, telecom regulator Trai today said they can now get an itemised bill from service providers on request and at a price not exceeding Rs 50. "To ensure that pre-paid consumers get their itemised usage of their account, the ser...
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Allahabad HC imposes fine of Rs 27.22 lakh on Shanti Bhushan
Posted Date : 06-Jan-2012 , 04:41:39 pm | Posted By CASANSAAR
In a major setback to former union minister Shanti Bhushan, a revenue court on Friday directed him to pay Rs 1.33 crore stamp duty on purchase of property in the prime Civil Lines locality here.
Shanti Bhushan along with his three children were issued a notice earlier this year by the offic...
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Kingfisher Airlines mulls 2,000 job cuts, longer work-hours
Posted Date : 05-Jan-2012 , 08:22:28 am | Posted By CASANSAAR
In a major cost-cutting exercise, private sector air-carrier Kingfisher Airlines is believed to be considering about 2,000 job cuts and longer working hours for its staff, among various options. While e-mailed queries sent to Kingfisher Airlines in this regard remained unanswered, industry ...
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Govt approves filling up of backlog vacancies in SC/ST categories
Posted Date : 05-Jan-2012 , 08:10:10 am | Posted By CASANSAAR
The Union Cabinet on Wednesday cleared a proposal to fill pending vacancies under the Scheduled Caste and Scheduled Tribes in the Central government. This move will benefit around 50,000 people. The proposal comes soon after the government decision to allow 4.5 percent reservation to the minorities ...
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Cabinet makes hallmarking gold jewellery mandatory: Minister
Posted Date : 04-Jan-2012 , 02:00:18 pm | Posted By CASANSAAR
The government has made hallmarking gold jewellery for quality control mandatory, a senior government minister said. India is the world's biggest consumer of gold but quality is sometimes a problem, especially when small jewellers and customers face problems during redemption. At present, abo...
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Happy New Year: Over 5 lakh new jobs in 2012
Posted Date : 01-Jan-2012 , 05:44:50 pm | Posted By CASANSAAR
The new year may bring in loads of cheers for job-seekers, as the experts expect the companies to hire more than five lakh new employees during 2012 despite the uncertainties prevailing about the overall economic scenario.
Adding to the cheers of the job market, the employees could expect doubl...
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Asians, Australians welcome New Year with great fanfare
Posted Date : 01-Jan-2012 , 09:44:05 am | Posted By CASANSAAR
People in Asia and Australia welcomed New Year 2012 with great fanfare, while celebrations are underway in Europe.Sydney heralded the New Year with a 15-minute multi-million dollar firework display at midnight. Sydney's spectacular firework had the theme- Time to Dream which was about giving people ...
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Over Rs 2 Hike In Petrol Price From Monday Likely
Posted Date : 31-Dec-2011 , 07:54:13 pm | Posted By CASANSAAR
A hike of about Rs 2.10-2.13 per litre in petrol price is needed because of weakening Indian currency, but oil companies are unlikely to revise rates today as scheduled and instead may do so on Monday. State-owned oil companies, as per practice, revise rates of petrol on 1st and 16th of ev...
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Indraprastha Gas increases CNG price by Rs. 1.75 per Kilogram in NCR
Posted Date : 31-Dec-2011 , 03:33:15 pm | Posted By CASANSAAR
Indraprastha Gas Limited has increased the price of Compressed Natural Gas (CNG) by Rs. 1.75 per Kilogram in the national capital. The revised price came into effect on Friday midnight. It is now Rs. 33.75 per kg in Delhi. The CNG prices have also gone up in Noida, Greater Noida and Ghaziabad by ...
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Metro man Sreedharan retires today
Posted Date : 31-Dec-2011 , 01:35:07 pm | Posted By CASANSAAR
E Sreedharan retires today as Delhi Metro Rail Corporation chief tomorrow and hand over the reins to colleague Mangu Singh after a highly successful 16-year tenure during which he transformed the capital's transport sector through the Metro.79-year-old Sreedharan, who joined the DMRC in 1995, wi...
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RIM offers over 50% discount on PlayBook tablets in India
Posted Date : 28-Dec-2011 , 10:09:19 pm | Posted By CASANSAAR
Canadian BlackBerry maker Research in Motion ( RIM), battling tough competition from Apple's iPad, is offering over 50 percent discount on its PlayBook tablets under a limited festive season offer till Dec 31.
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Anna Hazare calls off fast, cancels jail bharo campaign
Posted Date : 28-Dec-2011 , 05:14:24 pm | Posted By CASANSAAR
Smarting under poor response and bad health, Anna Hazare today called off his fast a day ahead of schedule and repeated his threat to campaign against Congress in the five poll-bound states for not brining a strong Lokpal. The 74-year-old activist made the surprise announcement midway...
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Lokpal bill passed in Lok Sabha
Posted Date : 27-Dec-2011 , 11:10:25 pm | Posted By CASANSAAR
Lok Sabha on Tuesday passed the Lokpal and Lokayukta Bill, 2011 by voice vote even as the Left, BSP and SP staged a walkout.
SP and BSP staged a walk out from the Lok Sabha shortly before the voting on the lokpal bill in protest against the government bringing a "weak" legislation. "We ...
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