Jaswant to crack down on corporate frauds
New Delhi: One of the first things that new Finance Minister Jaswant Singh is expected to do in the Monsoon Session of Parliament is to address the anxiety of MPs about the growing incidence of corporate frauds.
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Indian bikemakers set to go global
Mumbai: It's the top-throttle segment in the auto mart. Unsurprisingly desi bikemakers are all set to use domestic critical mass for a foray into overseas markets.
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Duplicate drugs bitter pill for pharmas
Mumbai: Duplicate drugs are giving the jitters to Indian drugmakers as they find their blockbuster brand names sometimes used to sell tablets of nothing more than chalk and turmeric powder and water in 'sterile' glass bottles.
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Retail sales jump 1.1% in June
Mumbai: Shoppers lured by favorable incentives sprang back to life in June, driving up sales at the nation's retailers by 1.1 per cent.
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Crackdown on petro goods racket thru Kandla
Ahmedabad: The Gujarat Sales Tax (ST) Department has begun a crackdown on what it believes to be a major instance of tax evasion, running into hundreds of crores of rupees, that originates in the high seas off the Kandla coast
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Tax collections up 20.24 pc in Q1
Mumbai: The economy is showing definite signs of recovery, going by the Centre's tax collections in the first quarter. Aided by a surge in corporate tax revenues, the Centre's overall revenue collections grew by 20.24 per cent to touch Rs 39,173.87
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IIP logs a smart 3.8% growth in May
Mumbai: Robust growth in consumer non-durables sector has pushed up the index of industrial production to 3.8 per cent in May as against 1.7 per cent in the corresponding month last year
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