Gold falls 0.23% on weak global cuesGold falls 0.23% on weak global cues
NEW DELHI: Gold futures fell 0.23 per cent to Rs 26,897 per 10 grams on Friday as speculators locked in gains amid a weak global trend. At the Multi Commodity Exchange, Gold for delivery in December fell by Rs 61, or 0.23 per cent, to Rs 26,897 per 10 grams in a business turnover of 13 lots. On... read more »
Bombay high court rules in favour of Vodafone in transfer pricing case
Mumbai: The Bombay high court on Friday ruled in favour of the Indian subsidiary of Vodafone Group Plc in a case relating to addition of about Rs.3,200 crore to the taxable income of Vodafone India Services Pvt. Ltd for fiscal year 2009-10 by the tax department. A division bench of chief justice... read more »
IT companies to post strong Q2 growth
MUMBAI: Boosted by an improving demand environment, a stable US economy and increase in project awards, top software services companies are expected to maintain strong revenue growth for the July-September quarter (Q2FY15). This is even as a latest Citi report on the sector said the future upside... read more »
Good time to invest in India: Rajan
NEW YORK: Underscoring the need for financial sector reforms, Reserve Bank of India governor Raghuram Rajan has stressed that the “time to deliver begins now” and there is political will to undertake reforms and improve India’s economic growth. “Financial reform is not... read more »
