EU market turn tough for Indian exporters
New Delhi: The European Union market not only poses greater competition, but the concern about product safety makes it very difficult for India and other developing countries to properly tap it for their products.
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Advance corporate tax up 25% in June
New Delhi: Advance corporate tax payment by top 100 companies in June 2002 has shown an increase of 25 per cent over the last year.
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10th Plan suggests changes in debt recovery tribunal code
New Delhi: With the aim of developing a vibrant market for corporate debt, the Tenth Plan has recommended drastic changes to the debt recovery tribunal and the civil procedure code.
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Speed up reform process to sustain economic revival: CII
New Delhi: The Confederation of Indian Industry has expressed optimism on an economic recovery in the short and medium terms. It, however, cautioned that the early signs of revival could be sustained only if reform process gain greater momentum.
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PSUs do an Enron, Worldcom and Xerox
New Delhi: Public sector companies do not seem to be far behind some of the US multinational corporations when it comes to overstatement of profits, understatement of loses, overstatement of assets or understatement of liabilities.
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