Falling for first time in five sessions, Sensex today retreated from 30-month high levels by losing 62 points to close at 20,223.98 on profit booking in blue-chips like Bharti Airtel, ONGC, ICICI Bank and Cipla.
The government’s Rs. 20,000-crore project to provide high-speed broadband in 200,000 villages across India has finally taken off. Manoy Gairola reports.
Aimed at widening its revenue base from indirect tax collections, the finance ministry has implemented an amnesty scheme for service tax defaulters to pay their dues without any penalty.
Income Tax department has slapped a fresh Rs. 577-crore tax demand notice on Infosys for 2009-10 assessment year, adding to the tax woes of India's second largest IT firm.