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'R-Infra bids for projects with 30% return'
P B Jayakumar / December 30, 2009, 0:59 IST

Engg goods exporters pitch for tax sops, simpler rules
Exporters of engineering goods, which contribute over 40 per cent to the country’s total exports, have urged the central government that incremental exports be exempt from tax for three years, with the base year being 2008-09.

News of the day

IPL team owners may hold back franchise payment
The eight team owners of the Indian Premier League (IPL) are all set to lock horns with the Board of Control for Cricket in India (BCCI) by refusing to pay their next instalment of the franchisee fee which is due in January 2009.
Public Relations

Gammon slumps over 6%

The shares of the engineering and construction major Gammon India, which plunged 16.11 per cent in the morning trade, closed with an over 6 per cent decline on the Bombay Stock Exchange, as investors dumped its shares after one of the bridges it was constructing in Kota, Rajasthan collapsed last Thursday. - Pantaloon transfers retail biz to Future Value - BSE, NSE, bullion market close for New Year holiday - 2009: Markets sizzle - Get ready for IPOs on bourses, more ETFs - Markets put up their best show ever - Religare Enterprises to raise Rs 1,850 cr via rights The scrip tumbled 6.05 per cent to close at Rs 225.10 on Tuesday. During the intra-day trade the scrip had plunged 16.11 per cent to a low of Rs 201 on the BSE. The collapse of an under-construction bridge over the Chambal last Thursday had killed nearly 30 people.


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