Congress pulls out an old video on Uma Bharati, is it desperat...

Telecom department says spectrum can’t be used as collateral because it’s government propertyIn a move that could queer the pitch for bank funding of spectrum purchases by telecom companies, the department of telecommunications (DoT) has said airwaves cannot be taken as collateral by banks while giving loans as these are “government properties”.Telecom companies have to pay upfront about Rs 18,000 crore for securing spectrum that they have won at the recently concluded ...

KATHMANDU: Juan Miranda, director-general of the Asian Development Bank’s (ADB) South Asia Department, has said that the country must expedite the process of executing ongoing and new investment projects to narrow down the country’s physical and ...

He wants his film to be technically sound in the VFX department. In fact, he doesn’t want it to be less than any other Hollywood production in terms of its VFX and is now planning to fly to the US, where he will take up a VFX course.” It is seems ...

In what could bring a major relief to partnership companies, the Income-Tax department is set to clarify that the income of a firm that has been exempted from tax cannot be taxed for its profit in the hands of its partners.   Earlier, even if the income chargeable to tax for a firm was nil due to certain deductions and exemptions, some assessing officers levied tax on the profit credited to its partners. This led to disputes and some taxpayers challenged this in courts.   ...

Another meeting between Nokia’s management and workers at the Sriperumbudur factory, near here, failed to satisfy the latter even as the factory remains stuck in an income-tax dispute. This is the third meeting between the two parties, including one in which the Company Law Board had taken part. Saravana Kumar, president of the Nokia India Employees Union, told Business Standard the two parties met on Wednesday and Thursday, without revealing any details. Nokia officials could not be ...

India Post might not find it easy to make its hoped-for banking foray if the Union finance ministry has its way. The department of financial services in the ministry fears the proposed postal bank might turn out to be yet another government bank, competing with other public sector lenders. Another hurdle is the ministry’s department of expenditure, yet to approve the Rs 600 crore (Rs 6 billion) of funds needed for setting up the bank. India Post sources said there was a 'strong lobby' ...

The National Rifle Association aims to shoot down Vivek Murthy’s Senate confirmation as United States Surgeon General, Aziz Haniffa reports The National Rifle Association has set its sights on killing the United States Senate’s confirmation of Dr Vivek H Murthy’s nomination to be the first-ever Indian-American Surgeon General. The NRA, known for its pressure tactics against lawmakers who express even a tinge of support for gun control, has been citing Dr Murthy’s ...

  Bharatiya Janata Party’s Rajkot candidate, Mohan Kundariya, who had found himself in a controversy after he walked over some school children at a function, is likely to go unpunished. An enquiry into the issue by the chief of Rajkot District Social Protection Department, which will be submitted on Friday, says Kundariya may not have been at fault.     Kundariya, who was caught on camera walking over the backs and chests of young boys at a private function, defended his ...

Modi said that the nuclear arms were defensive weapons. The BJP’s prime ministerial candidate said Indian's nuclear arms arsenal ‘is necessary to be powerful - not to suppress anyone, but for our own protection’. Striking a statesmanlike ...