BS Reporter
BS Reporter
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Cera net up to Rs 13.63 crore
The net sales income totalled Rs 162.33 crores during April-June this year
 "Cera net up to Rs 13.63 crore")
DLF moves SC against Rs 630 cr penalty
In May, COMPAT had dismissed a DLF plea against Rs 630 crore penalty imposed by CCI
 "DLF moves SC against Rs 630 cr penalty")
Relief for taxpayers: There's more in your hands now
Increase in investment limit under 80C, basic exemption limit, PPF and home loan interest payment are good news
 "Relief for taxpayers: There's more in your hands now")
JLR engine facility to come up next year
Ingenium engines will power JLR's next generation of models some of which will be aluminium built
 "JLR engine facility to come up next year")
Retrospective tax on debt funds haunts MFs
Proposed norms will have a cascading impact; incremental inflows may go for a toss
 "Retrospective tax on debt funds haunts MFs")
RBI's net dollar buying drops in May
On a net basis, the central bank bought dollars worth $1.79 billion in May as against $5.87 billion in April
 "RBI's net dollar buying drops in May")
TMB appoints H S Upendra Kamath as MD & CEO
The Bank would foray into medium and large corporate funding in a phased manner, says new MD
 "TMB appoints H S Upendra Kamath as MD & CEO")
Jignesh Shah's bail hearing postponed, to be heard on July 16
This was the second time that Shah's bail plea hearing was postponed
 "Jignesh Shah's bail hearing postponed, to be heard on July 16")
SpiceJet announces flight connecting Kolkata, Kathmandu
This is the first international flight from West Bengal for the low cost airline
 "SpiceJet announces flight connecting Kolkata, Kathmandu")
Online, mobile ads turn costlier
These will now attract service tax; print media continues to be exempt from paying service tax
 "Online, mobile ads turn costlier")
Real Estate: Boost for property buyers
Relaxations on Reits, FDI and tax fronts to ensure more capital for players
 "Real Estate: Boost for property buyers")
Consumer goods: Consumption takes centre stage
Soaps, TV sets and footwear to get cheaper; imported electronic goods, aerated drinks, cigarettes to cost more
 "Consumer goods: Consumption takes centre stage")
Insurance: FDI cap increase to allow investment by FIIs, NRIs
Sector will be able to raise Rs 8,000 cr if Insurance Bill passed
 "Insurance: FDI cap increase to allow investment by FIIs, NRIs")
FM, Rajan in tune on policy; FSLRC a sticking point
But moving ahead with FSLRC suggestions could be a bone of contention
 "FM, Rajan in tune on policy; FSLRC a sticking point")
Liberal infrastructure funding regime for banks
Funding of infra sector exempted from CRR, SLR and priority sector lending norms
 "Liberal infrastructure funding regime for banks")
Govt to cut bank stakes but retain majority
Market uneasy at absence of fresh capital infusion; happier at moves on autonomy, NPAs
 "Govt to cut bank stakes but retain majority")
FDI in defence increased to 49%
Emphasis on indigenous research and development
 "FDI in defence increased to 49%")
Tax administration: Retrospective tax a 'sovereign right'
High-level committee to examine future such cases; experts say job half done
 "Tax administration: Retrospective tax a 'sovereign right'")
Plan expenditure: Modest rise in allocations
Focus on agriculture, health, education, rural roads and national highways
 "Plan expenditure: Modest rise in allocations")
Jaitley's 'other income' crutch
Banks on telecom, road toll and advertising to swell his revenue, though by how much isn't clear
 "Jaitley's 'other income' crutch")