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Kolkata, 19th July (IANS): Welcoming Nasscom's proposal for building the first incubation centre for young and aspiring IT entrepreneurs here, West Bengal Chief Minister Mamata Banerjee Saturday claimed the state's IT, engineering and manufacturing sectors saw very positive and encouraging developments over the past week.
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Chennai, 19th July (IANS): The central government's proposal to approve foreign direct investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator's wings and also a face saving measure by the BJP, say insurance officials.
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New Delhi, 18th July (IANS): The Indian government has started proceedings against citizens who have stashed away ill-gotten money abroad, with a Special Investigating Team (SIT) looking at how to get it back, Finance Minister Arun Jaitley said in parliament Friday.
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New Delhi, 18th July (IANS): Finance Minister Arun Jaitley Friday said India will not levy any tax with retrospective effect that creates additional burden and existing anomalies in this regard would be corrected.
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London, 17th July (IANS): The battle between a Russian-American duo over control of Amanresorts, the luxury hotel chain acquired from New Delhi-based DLF earlier this year, has seen the London High Court reinstate as chief executive its 81-year-old founder Adrian Zecha.
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