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.

Reliance Industries, HFCL tops the list in creating intangible value
Who says that it is only the infotech sector which is generating intangible value? Consider the difference between net worth and market capitalisation of the A group companies, which is that part of a company's value attributable to intangibles, such as "knowledge", intellectual capital, brands etc.

Air India board clears fresh VRS, fleet rationalisation plan
Air India (AI) on Friday received approval from its board to launch a voluntary retirement scheme (VRS) aimed at reducing its 19,000-strong work force.


  Breather for ICICI in Net domain-title tussle with IL&FS
  Ashok Leyland registered 68% growth in February
  VSNL pays 60% interim dividend
  GM starts refurbishing business in India
  Lubrizol to merge local arm with global operations
  Phillip Morris to invest Rs 460 cr in AP
  Agrevo India, Rhone-Poulenc Agrochem in strategic tie-up
  Local operations to log $130m sales