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Govt to clarify foreign fund taxation issue soon Indian Finance Ministry will soon issue a clarification on the tax status of foreign funds operating from Mauritius, an official spokesman said on Thursday. Infosys recovers as sensex spurts 110 pts in volatile trade Stock markets on Thursday recovered smartly in the afternoon deals after swinging between positive and negative territories earlier in the day. Devgan, Kajol take stock; seek Rs 2.5 cr from public The cool couple of Bollywood, Ajay Devgan and Kajol, are now using their star power to surf the ICE wave. Other headlines GM to connect drivers to Net SEBI panel for daily refund of excess cash margins Manoj Tirodkar wins `Young Business Achiever' award Andhra hikes power and rice price Rlys to lease telecom network to pvt firms SEZs must be freed from labour laws -- ESC Another `Global' takes advantage of name RBI for tightening bank investment norms Nasdaq chief shrugs off turmoil in tech-heavy market RBI hikes automatic FDI limit to $ 138 million; calls for tighter norms on bank