Analjit Singh meets FM,says keen to settle tax issue

Faced with over Rs 11,200 crore tax liability,Vodafone India chief Analjit Singh today met finance minister P Chidambaram for the second time this week and expressed the hope that there will be clarity soon

New Delhi: Faced with over Rs 11,200 crore tax liability,Vodafone India chief Analjit Singh today met finance minister P Chidambaram for the second time this week and expressed the hope that there will be clarity soon on the proposal to settle the dispute through conciliation.

Mercedes launches sedan E63 AMG

new delhi: Mercedes-Benz has launched its premium sedan E63 AMG,priced at Rs 1.29 crore (ex-showroom Delhi) as part of plans to enhance its product portfolio in India.

Sesa Goa,Sterlite Ind merger gets HC nod

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New Delhi: The proposed merger between Sesa Goa and Sterlite Industries,aimed at creating a mega natural resources firm from India,has moved a step closer towards realisation with the nod from the Madras High Court on Thursday.

I-T sends letters to 35,000 assessees

New Delhi: Getting tough,the Income Tax department has sent letters to additional 35,000 assessees who do not file returns. With this latest batch,the department has now issued letters in 2.10 lakh high priority cases, an official statement said.

Air India gets $500 mn for 5 Dreamliners

Mumbai: Air India has tied up with Deutsche Bank and the British lender Investec Bank to raise up to $500 million to take the delivery of five Boeing Dreamliners,according to airline sources.