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Pranab Mukherjee’s Address at Seventh Annual India Investment Forum in New York

October 9, 2010 651 Views 0 comment Print

“I am delighted to be here for the 7th Annual India Investment Forum in this city which is the financial capital of the world and address this impressive gathering, of top ranking India focused investors, business leaders from corporate India, repres

ICAI ties-up with United Stock Exchange to impart knowledge on currency derivative

October 9, 2010 405 Views 0 comment Print

In a move to impart comprehensive knowledge of financial markets to its members, The Institute of Chartered Accountants of India (ICAI) recently signed a MOU with United Stock Exchange (USE). As part of this MOU, USE plans to educate members of ICAI

ICAI declares Result of CPT Online Examination held on 18th & 19th September, 2010

October 9, 2010 375 Views 0 comment Print

Result of CPT Online Examination held on 18th & 19th September, 2010 has been declared

ICAI plans to send notices to six IPL franchisees

October 8, 2010 459 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) is planning to send notices to six IPL franchisees seeking more information from the companies owing the teams.

RBI may relax conditions related to grant of Banking License to groups having exposure to Reality sector

October 8, 2010 627 Views 0 comment Print

The Reserve Bank of India (RBI) may have to go easy on its suggestion of not granting new banking licences to those groups which have exposure to the real estate sector. The central bank had in a discussion paper indicated that the groups with real e

1.52 Crore seized from Mumbai-bound bus -The Unaccounted Money Was Being Sent via Courier

October 8, 2010 564 Views 0 comment Print

The Pune rural police on Wednesday seized Rs 1.52 crore as well as 356 gm of gold ornaments worth Rs 1.58 lakh from two bags in the hold of a Mumbai-bound luxury bus. The unaccounted for money and ornaments, which were loaded into the bus at Ichalkar

Government removes the limit on the number of employment visas that may be granted to the foreign nationals

October 8, 2010 684 Views 0 comment Print

The Ministry of Home Affairs (‘MHA’), Government of India had in August, 2010 clarified that the number of employment visas that may be granted to foreign nationals employed in sectors other than the IT Software and IT enabled Services sector (‘IT Se

Commerce Department wants MAT on SEZ to be lowered

October 8, 2010 558 Views 0 comment Print

The commerce department will push for lowering of the minimum alternate tax (MAT) proposed in the direct taxes code (DTC) Bill on units in special economic zones (SEZs) as it believes that it would not be viable for units to pay such high taxes. The

Competition Commission of India to hear petition made by third-party administrators

October 8, 2010 459 Views 0 comment Print

The Competition Commission of India (CCI) has set October 13 as the date for the hearing of the petition made by third-party administrators – intermediaries which manage health insurance claims. TPAs had moved the competition commission and Irda to b

CBI starts investigation in alleged fraud in loans worth Rs 2,500 crore disbursed to Zoom Developers

October 8, 2010 549 Views 0 comment Print

The Central Bureau of Investigation (CBI) has begun preliminary examination of allegations of banking fraud in loans worth Rs 2,500 crore disbursed to Zoom Developers, a Mumbai-based project developer. Confirming the approach made by CBI, two senior

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