When Network18's 24-hour shopping channel HomeShop18 hit TV screens in April 2008, CEO Sundeep Malhotra was worried: "We were not sure about the kind of products to be sold if we would get even one customer." A few months later, it did not help his confidence when an iconic investment bank went belly up in New York, sparking a financial crisis across the globe. Companies started sacking and consumer spending all but froze. HomeShop18 survived, and with aplomb. Three years, 3 million customers across 3,000 cities and 100 per cent year-on-year growth later, it is booming today. STAR CJ Network - a joint venture between STAR Asia and South Korea's CJ O Shopping - launched STAR CJ Alive in July last year. It does about 2,000 transactions a day, selling apparel, jewellery, and consumer durab...
On September 29, the Supreme Court noted an extraordinary lapse that if advertent, is unforgivable. Pages were missing from the finance ministry file on pricing of 2G spectrum that had been submitted to the court. That suggests that the Government has much to be afraid of from full disclosure of information in the 2G case. New documents now in the possession of india today dismantle the latest Government attempt to defend the indefensible. That defence, articulated most recently by Law Minister Salman Khurshid, claims that it was always Government policy to use the first-come, first- served methodology implemented by then telecom minister A. Raja, and not auction. The flaw, if any, was in the process. The documents expose the Government's lies. -- On November 22, 2007, then finance secr...
...-- On January 9, 2008, a day before Raja issued 121 letters of intent to... ministry bureaucrats in the first week of April is evidence of this. At this time, spectrum had st... between Raja andP.Chidambaram dated January 30,2008. In this meeting,Chidambaramadmitted to needi...
In early December last year, veterans of two decades Girish Paranjpe and Suresh Vaswani, then co-chief executives of the firm's tech business, sensed their unusual partnership was in trouble. , the firm's 65-year-old chairman had made public his displeasure at the underperformance of his information technology business and wanted a quick turnaround. Wipro junked the joint CEO model (and Paranjpe and Vaswani) in favour of a single CEO in T.K. Kurien on January 22. Since the duo took over as joint CEOs in April 2008, in an arrangement unique in the Indian IT industry, Wipro Technologies, the company's outsourcing business, had struggled to keep pace with its peers. Bigger rivals Tata Consultancy Services and Infosys Technologies lengthened their lead over the No. 3 player and Cognizant ...
... and other financial institutions (UNCTAD, 2008c; Stiglitz JE, 2008). This requires coordinated act... World Investment Prospects Survey conducted April-June 2008, 40 per cent of the respondent companies..., leading to a decline estimated at about 33 per cent for this group as whole. Inward flows mig...
Central Bank of Lithuania has issued following Base rate history: 27 April 2010 5.25% 30 March 2010 5.50% 23 February 2010 5.75% 26 january 2010 6.00% 22 December 2009 6.25% 24 November 2009 6.50% 20 October 2009 7.00% 29 September 2009 7.50% 25 August 2009 8.00% 28 July 2009 8.50% 20 January 2009 9,50% 23 December 2008 10,00% 9 December 2008 10,50% 25 November 2008 11,00% CET 11.00, 22 October 2008 11,50% 27 May 2008 8,50% 29 April 2008 8,25% 1 April 2008 8,00% 25 September 2007 7,50% 26 June 2007 7,75% 25 October 2006 8,00% 26 September 2006 7,75% 29 August 2006 7,25% 25 July 2006 6,75% 20 June 2006 6,25% 20 September 2005 6,00% 23 August 2005 6,25% 19 July 2005 6,75% 21 June 2005 7,00% 24 May 2005 7,25% 26 April 2005 7,50% 30 March 2005 7,75% 22 February 2005 8,25% 25 January 2005 9,...
...' and closed industrial units (IDBI, 2000, p.30). The Small Industries Development Bank of India (... banking in India (see Reserve Bank of India, 2008). At this time the landscape of the public (and pr... at: http://www.sidbi.in/Micro/aboutus.htm (April 1, 2009). . SIDBI (2001), SIDBI Report on Small Sc...
According to this line of thinking, Hu would not have agreed to the visit unless he had been privately assured that China would not lose face by being branded a currency manipulator in a U.S. Treasury report due on April 15.
... of Rs1.018 million by the end of fiscal year 2008-2009, which translates into an earning per share o... from 0.5 percent to 1 percent in the next 3 months. (c) 2010 The Financial DailyProvided by Pr...
Vessel(1) Year Built Charterer Charter Expiration (2) Cash Daily Rate (3) Net Revenue Daily Rate (4) Capesize Vessels Genco Augustus 2007 Cargill International S. A. December 2010 39,000 Genco Tiberius 2007 Cargill International S. A. September 2011 31,000 Genco London 2007 Cargill International S. A. October 2010 26,000 Genco Titus 2007 Cargill International S. A. September 2011 45,000(5) 46,250 Genco Constantine 2008 Cargill International S. A. August 2012 52,750(5) Genco Hadrian 2008 Cargill International S. A. October 2012 65,000(5) Genco Commodus 2009 Morgan Stanley Capital Group Inc. June 2011 36,000 Genco Maximus 2009 Cargill International S. A. November 2010 27,000 Genco Claudius 2010 Cargill International S. A. November 2010 36,000 Panamax Vessels Genco Beauty 1999 D/S Norden A...
...1999. D/S Norden A/S, Copenhagen. April 2011. 27,000. Genco Knight. 1999. Swissmarine Serv...
The consumption tax system in India is multilayered with levies both at federal & state levels. The replacement of the single-point state sales taxes by the VAT in all of the 32 states and union territories (UTs) of India has yielded significant dividends in economic efficiency of the tax system, ease of compliance, and growth in revenues. In one swoop, the state-VAT eliminated all the complexities associated with the application of sales taxes at the first point of sale. Following an overview of state-VAT in all the states/UTs of India, this paper examines the rate structure and policy issues in different states/UTs of India. It is shown that a goods & services tax at the state level is justified for comprehensive input tax credit for trade, industries & agriculture, remova...
... their intention of introducing VAT from April 1, 2003. Haryana was the first State to replace it... Pradesh introducing VAT from 1st January, 2008, all the States have joined the VAT system. The de...
... of the world today (World Investment Report, 2008 and Ernst and Young, 2008), yet the origin of mncs... at the very dawn of independence as on 6th April, 1947 (Mathur, 1992). Despite of many critics of h...
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