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MP govt may raise upper slab of VAT
Stung by the Centre’s indication to compensate half of what was promised as full compensation against phasing out of Central Sales Tax (CST), the Madhya Pradesh government may increase the upper slab of value added tax to 15 per cent from the existing 12.5 per cent before goods and service tax (GST) comes into effect.

The attraction of ncds
Non-convertible debentures have some real benefits over fixed deposits.

News of the day

Eight in fray for H'bad Metro
Eight companies have submitted applications for the Rs 12,132-crore Hyderabad Metro Rail Project which will be executed on a design, build, finance, operate and transfer basis in public-private partnership.
Business Opportunities

Thermax bags Rs 478 cr order from Orissa-based firm

Pollution control equipment maker Thermax today said it has bagged an order worth Rs 477.77 crore from an Orissa-based company for construction of a captive power plant. - Schneider Electric sees openings in water solutions - Analysts" corner - Thermax net dips 5% to Rs 54 cr - "Nuclear power generation a distant dream" - Thermax: Powered by new wins - Thermax bags Rs 1,000cr power plant project As per the contract the company would be providing various systems, including air pollution control, water treatment and effluent treatment units for the power plant, Thermax said in a filing to the Bombay Stock Exchange (BSE). Shares of Thermax today closed at Rs 571 on the BSE, up 0.15 per cent from its previous close.


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