Archive for July 4th, 2008
IT Firms May Face Land Tax
Friday, July 4th, 2008Industries, IT firms and infrastructure project developers could face a additional charges on two fronts.
The government has issued notices to the agencies which alloted land to private industries and companies, to pay 10 per cent of the basic market value as one-time charge for using the land for non-agricultural purposes.
Realty Sector Attracts B-school Grads
Friday, July 4th, 2008Real estate developers like Lodha, DLF, Unitech and Raheja have begun ramping up their presence in B-school campuses in the last two years in a move to have a more professional image.
Price Cut Fear Stares IT Firms In The Face
Friday, July 4th, 2008Ahead of the first quarter results of IT firms, worries about a cut in the billing rates for software services are dogging the sector following bigger write-offs by some global financial services majors and a continuing recession in the US affecting retail spends.
Vizag The Next Sought-after IT Spot
Friday, July 4th, 2008Visakhapatnam is emerging as the next best investment destination in Andhra Pradesh after Hyderabad. Availability of skilled labour, infrastructure and comparatively cost-effective real estate in the city makes Vizag an ideal location for IT companies.
Inflation Clock Set To Strike 12
Friday, July 4th, 2008Inflation will continue to move up further this week and may even touch the 12%-mark on the back of rising prices of edible oil, food products, fruits and vegetables and iron and steel. The inflation figures, to be announced on Friday, will reflect the wholesale price index for the week ended June 21.
Your Dream House Has Become A Bit Pricey
Friday, July 4th, 2008The dream house that you have been yearning to buy has become a bit more difficult to get than before. Or, even if you are already paying for one, it just got costlier to service the loan. The reason? The recent hike in interest rates has affected the borrowing ability of the salaried class apart […]