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Ministers' panel points to delay in GST launch
A high-powered group of state finance ministers today indicated that the proposed Goods and Services Tax (GST), which will consolidate indirect taxes, may not be introduced as scheduled from April 1, 2010.

'3G technology is as cost-effective as 2G'
With the state-owned BSNL’s 93-million-line tender once again the subject of a controversy, it’s but natural to elicit the views of Ericsson’s global president and CEO CARL-HENRIC SVANBERG on this. Svanberg, however, refuses to bite, except to say that the tendering procedures for BSNL have to be so transparent, it is not surprising they take so long. He is more concerned about how telecom can save the world from global warming and how India can transform itself with 3G technologies. Excerpts from an interview with SUNIL JAIN:

News of the day

Results today, tomorrow: Jindal Saw, TCS, HDFC Bank
CMC, Finolex Industries and Jindal Saw will be annuncing their Q3 numbers today.
Business Ideas

Gandhimathi Appliances Q1 net at Rs 1.8 cr

City-headquartered Gandhimathi Appliances Ltd, manufacturers of the "Butterfly" brand, today reported a net profit of Rs 1.78 crore for the quarter ending March 31, 2009. The company reported a net profit of Rs 1.11 crore during the corresponding period last year, the firm said in a filing in the Bombay Stock Exchange.


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