Financial Express - India's leading business newspaper from the Indian Express Group

Firms rush interim dividend to skirt 20% tax

Finance minister Yashwant Sinha's budget proposal for doubling the dividend tax payable by companies to 20% has triggered a spate of interim dividend declarations.

Times group to list Net firm on Nasdaq by midyear

The Times of India group formally announced on Friday that it would be spinning off its Internet businesses into a new firm for a Nasdaq listing towards the middle of this year.

Rediff gets cracking, likely to list ADR on Nasdaq in April

Rediff Communications Ltd, which runs Internet consumer portal Rediff.com, is expected to list its American Depositary Receipt issue on the Nasdaq exchange in early April, a source close to the issue said on Friday.

Meet of the titans -- Will RBI bite finance minister's rate-cut bait?

Finance minister Sinha will address the central board of the Reserve Bank of India (RBI) in Delhi on Saturday against the backdrop of the battle of wits between the ministry and the central bank on the contentious issue of a rate cut.

Breather for ICICI in Net domain-title tussle with IL&FS

The Mumbai High Court on Friday did not grant an ad-interim relief sought by IL&FS-promoted Investsmart on the site registered by ICICI with the domain name `investmartindia.com'. The next hearing on the case is slated for March 21.