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Pyramid Saimira Q3 loss at Rs 4 cr
Entertainment firm Pyramid Saimira Theatre today posted a loss of Rs 3.66 crore for the quarter ended December 31, 2009.

Karnataka BJP crisis resolved
The week-long political crisis that paralysed the BJP government in Karnataka blew over today following a compromise between the warring sides under which a coordination committee will be formed, a woman minister may be removed and the Speaker inducted into the Cabinet.

News of the day

Re-engaging with the world
Sunil Jain / New Delhi January 01, 2010, 0:35 IST
Small Business

Chambers' Reaction: Assocham: Aam aadmi Budget

Assocham: Aam aadmi Budget The Associated Chambers of Commerce and Industry of India (Assocham) applauded the government on its agararian focus even as it termed the Budget proposals as aam adami ones. Sajjan Jindal, president, Assocham, said, “The abolition of FBT and CTT is especially welcome.” However, concerns were raised regarding the finance minister’s treatment to the minimum alternate tax, saying it was against the expectations of the industry as it has been increased. The Assocham had recommended a 7.5 per cent ceiling for MAT. Jan cement sales in high double-digit Jindal further said the Finance Minister gave sufficient indications for disinvestment to contain the fiscal deficit and generate resources for infrastructure development. The industry has been widely anticipating a road map for disinvestment, which has not happened.


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