Wednesday, 22 January 2014

NEWS WRAP - JANUARY 22, 2014

  • Cairn India under Income Tax scanner over transfer of assets by its parent company.
  • Software Development Company Monocept launches 'Lost My Wallet' mobile application.
  • P&G to invest Rs. 1,500 crore in India to catch up with Hindustan UniLever and add new brands from global portfolio.
  • SpiceJet triggers full-scale fare war; slashes tickets prices by 50% for 30 days of advance booking.
  • Infosys reclaims the spot of most influential stock on Sensex.
  • Dealers take tyre makers like MRF, JK and Birla Tyres to CCI over cartelisation.
  • Hindustan Zinc gets Cabinet Committee on Economic Affairs' (CCEA) nod for Government's residual sale stake.
  • FPIs need CA certificate certifying payment of all taxes before repatriating funds out of the country.
Source: Economic Times

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