GMR’s Maldives’ Malé airport under tax audit cloud
GMR, the Bangalore-based infrastructure company, is being subjected to tax audits by the revenue authorities of Malé, Maldives, where it is operating the international airport, according to a report by Haaveru Online, a local website.
Nokia unveils E7 Communicator
The highly-anticipated Nokia business smartphone, the E7 Communicator, was launched in style at the Cinnamon Lakeside last evening.
Sony unveils its first tablet computers to take on Apple
Reuters: Sony launched its first tablet computers in an ambitious attempt to grab the second spot in the market more than a year after Apple’s iPad revolutionised mobile computing.
India’s economic growth on track, high oil prices a risk
(Reuters) – India’s economy will grow around 9 percent in the fiscal year that started in April if global crude prices remain under control, a top financial ministry official said on Monday, even as private sector economists predict slowing growth.
Asian markets fall
KUALA LUMPUR: Key regional markets succumbed to profit taking on Tuesday, April 26, ahead of the Federal Reserve meeting this week, with Japan’s Nikkei 225 falling almost 1.3%, as investors stayed on the sidelines to await the outcome of the meeting.
Unilever now buying 20% of global tea from Rainforest Alliance certified farms
Unilever said recently that at the end of 2010 it was buying the annual equivalent of 70,000 tonnes of tea from Rainforest Alliance Certified farms – about 20% of the multinational giant’s global purchases.
Malinga bowls out rumours!
By Cassandra Mascarenhas
Amidst the controversy caused by Lasith Malinga’s announcement to retire from test cricket in the face of the upcoming test tour in England next month, the fast bowler stated his reasons for his early retirement from the longer form of the game, citing a long-standing degenerative condition in his right knee as the basis for this decision.
Saudi uneasy with high oil price, worried about economy
(Reuters) – Top oil exporter Saudi Arabia is uneasy with high oil prices and concerned about their impact on the global economy, the chief executive of state oil firm Aramco said on Tuesday.
Taxing aspirations
THE momentum of car imports will slow down following the Government’s decision to increase taxes. At this juncture it is relevant to analyse the thought process behind the reversal of taxes to understand whether there are any positive points in the inconsistent policies practiced by the Government.
More demand for rice and rice flour with increasing cost of wheat flour
By Shezna Shums
The Ministry of Agriculture predicts an increasing demand for rice and rice flour as the price of wheat flour goes up. The prediction of the Ministry is based on observations it has been made over a period of time since 1996.
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