Crested Butte Reel Fest

Railway Minister Mr Laluprasad Yadav, presenting Railway budget for the year 2007-08 in Loksabha said that cash surplus in FY08 is of Rs 25000 crore. Operating Ratio stood at 76.3%, 14 lakh workers in the Indian Railways in FY08. Railways have reduced the fares and increased volumes and profits. Railways have achieved cash surplus of [...]

1. Entry must be received by the Center for the Arts no later than May 1, Student entries must be received by June 1.
2. All entries must be submitted on 1/2″ VHS NTSC videocassette only. No PAL accepted.
3. Clearly label both cassette and cassette holder with title, running [...]

Global funds are tapping the large Australian retail investor base to invest in the Indian stock market, which has grown 40%-plus annually in the last three years. Two funds - one from Kotak Mahindra Bank and another from Fidelity - have already tapped Australian retail investors. Now, according to Rashmi Hansi Mehrotra, the principal business [...]

iflex Solution Ltd, a leading provider of technology solutions to the global banking and financial services industry, on Feb 20 announced it will provide banking software solutions to Europe’’s Volkswagen Bank for the Netherlands region.In a statement to the Bombay Stock Exchange (BSE) on Thursday, iflex said the solution would also allow Volkswagen Bank to [...]

The Cabinet Committee on Economic Affairs (CCEA) on Feb 21 gave its approval for the double taxation avoidance pact with the Grand Duchy of Luxembourg. The pact will stimulate the flow of capital, technology and personnel from India to Luxembourg and vice-versa, an official spokesperson said after the CCEA meeting. In April last year, both [...]

In the news for many a positive change, Bihar is set to add another feather to its cap in the form of its first software technology park (STP). Located in Patna, the park 49th of its kind in the country will have facilities to accommodate around ten small and medium level software firms. Chief minister [...]

The West Bengal Minister for Information Technology, Dr Debesh Das, on Feb 21 asked the Centre to come out with a national hardware policy with an aspect to facilitating growth of the hardware industry in the country. A national hardware policy will give States with the right impetus to put in place a system that [...]

Most analysts are betting that the Finance Minister P Chidambaram is going to cut the central sales tax (CST) rate to 2 per cent from the current 3 per cent but the government officials feel this could cause a sharp drop in their revenues and the centre must compensate for their losses. Last year state [...]

Private life insurer ICICI Prudential Life Insurance Company Limited has begun hiring graduate non-commissioned officers of the armed forces or ex-servicemen to sell policies in rural areas. The source said that the retired servicemen with 10 years experience are eligible to become unit manager in rural areas. On successful completion of training, the selected ex-servicemen [...]

Indian mutual fund firms have asked the government to allow them to offer investors multiple tax planning equity funds, seeking relaxation of a rule that limits the options they can offer to customers. A regulation framed in 2005 restricts them to just one such fund or equity linked savings scheme (ELSS), limiting options for investors [...]