New Delhi | 1 year ago
World Bank offers $200 million loan to Kerala
New Delhi, July 5 - The World Bank has offered a $200 million interest-free loan to Kerala to help strengthen its local government system, a statement said here Tuesday.Some 978 gram panchayats and 60 municipalities of the state will directly benefit from the fund. The Kerala government and the World Bank signed the agreement in Thiruvananthapuram Monday.The credit will be provided by the Internat ... read more

4 years ago
Vodafone to take tax case to Supreme Court
New Delhi, Dec 5 - Telecom giant Vodafone Friday said it would challenge the government decision to impose capital gains tax on it following its acquisition of Hutchison Essar. The statement came after Bombay High Court Friday issued a written judgement upholding the Indian tax authorities' decision to impose capital gains tax on the UK-headquartered telecom operator. In a statement, Vodafone s ... read more

4 years ago
Vodafone loses $1.7 bn tax appeal in Mumbai court
Mumbai, Dec 3 - The Bombay High Court Wednesday dismissed a petition by the Britain-based global mobile giant Vodafone, challenging a $1.7-billion tax notice served on the company related with the acquisition of majority stake in an Indian company last year for $11.1 billion. The division bench of Justice S. Radhakrishnan and Justice Anand Nirgude, however, restrained the Income Tax Department f ... read more

4 years ago
Big 10 universities convene summit on midwest economy
Motivated by a desire to draw attention to the vital role the Midwest plays in the life of the nation and to highlight challenges the region faces to remain economically competitive, the provosts from the Committee on Institutional Cooperation -, a consortium of the Big Ten universities plus the University of Chicago, have partnered with the Federal Reserve Banks of Minneapolis and Chicago to bri ... read more

6 years ago
World-class Biomedical Research Center to be in West London
An international team of experts has judged the biomedical research conducted at The Hammersmith Hospitals NHS Trust, St Mary's NHS Trust and Imperial College London to be amongst the very best in the country.Health Secretary Patricia Hewitt announced last week - the creation of eleven Biomedical Research Centres - and awarded BRC status to the two hospitals in partnership with Imperial College. B ... read more

Mumbai | 6 years ago
Patni Computers in strategic alliance with Clear Technology
Mumbai, June 29 - Global IT service provider Patni Computer Systems Thursday formed a strategic alliance with Clear Technology Inc., a leading US-based global software solutions company, to cater to insurance and financial services companies in the US, Britain and the Asia-Pacific region.Under the terms of the agreement, Patni will provide worldwide process consulting and system integration servic ... read more