Khusrokhan tipped to be new Tata Tea MD
Former managing director of Glaxo and Burroughs Wellcome India, Mr Homi R Khusrokhan, is tipped to be the new managing director of Tata Tea Ltd. The move assumes significance as Mr Khusrokhan is also director on the board of Hindustan Lever Ltd.Cement makers retract decision to hike prices
Leading cement manufacturers have gone back on their decision to increase cement prices by another Rs 3 per bag effective from Monday. The decision was taken in view of the prevailing circumstances, industry sources pointed out.
Notification on provisional anti-dumping duty
The designated authority set up in the commerce ministry to probe dumping cases is expected to notify the "provisional" anti-dumping duties on three consumer goods from China - batteries, toys and sports shoes - on Tuesday.
Raja Chelliah to head International Tax Academy
The Netherlands-based International Fiscal Association (IFA) is setting up an international tax academy in India under the chairmanship of Dr Raja J Chelliah. IFA International Tax Academy will undertake objective and unbiased research and studies on international tax issues, tax management and tax administration.
BIS adopts ISO 9000 quality norms
The Bureau of Indian Standards (BIS) has adopted quality norms as set in the new ISO 9000 standards. These standards pertain to quality management systems relating to fundamentals and vocabulary (ISO : 9000 : 2000), sole certification standard in the series (ISO : 9001 : 2000) and guidelines for performance improvements (ISO : 9004 : 2000).
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