The airline is in the process of getting the final nods from DGCA and is planning to operate six flights in Phase-I

Air Costa to launch regional services next month

BS Reporter

Mining industry in the state came to a standstill since last year after allegations of illegal mining

Goa industrial body expects mining to restart from August

Press Trust of India

Says Congress has become stronger while BJP has disintegrated and its allies have run away

Modi's elevation threat to BJP: Azad

Buzz about the promoters pledging their shares could have triggered heavy sell-off in the counter

Adani Power shares slide 15 per cent in intra-day

As many as 25 persons die due to rain related incidents

Gujarat receives 17% rainfall in a fortnight

NPPA urges all state licensing bodies to submit details of manufacturers making the formulations that have come under pricing control

Gujarat begins data collection to implement new DPCO

Google had compiled a list of search trends for the last month

Education most googled by Chandigarh

Business Standard

Campaign aims to share interesting tips about search with Indian netizens

Google India launches 'Start Searching India'

Uttarakhand today announced its first resettlement and rehabilitation policy for hydel projects

Uttarakhand's 'best' hydel resettlement policy

The Uttar Pradesh Cabinet today decided to revive defunct cold storages by settling debt on those

UP to revive defunct cold storages

Heavy rainfall in tribal Kinnaur district has triggered landslides killing ten at many places

10 dead in Himachal's Kalpa & Paonta

High alert has been issued, the Char Dham Yatra has been suspended

Rains lash Uttarakhand: 50 missing, 25 dead

During the British Raj what was the Lal Kitab and who used to circulate it. Established in the late 60s, this brand uses Mount Rainier in the US as its testing ground. The brand uses the mountain as a location for its product innovation, durability and reliability tests. Name the brand. Who is the official connectivity provider to the F1 racing organisation (Formula One World championship Limited)? This company was set up in the 1870s by an Italian engineer at the age of twenty-four for the production of rubber articles. It began fromÂ making insulated telegraph cablesÂ toÂ underwater telegraph cables to theÂ first bicycle tyres. Name the company and a unique distinction it holds today. One of India's oldest bookstores (set up in the 1900s) was supposedly used by the Naxalite movement in the 1970s as a message drop-off point. They would slip notes into particular books for other members of their group. Name this store that has now become a retail chain. This firm's baseline reads "Out

The Strategist Quiz (#309)

India continues to face challenges in attraction and retention of skilled employees similar to their Asia Pacific counterparts, despite variable economic conditions

Managing skilled labour

The Supreme Court has issued seven "general directions" to be followed when a state government supersedes elected managing committees of cooperative banks and other financial bodies. This has become necessary, stated the court, "in view of the mushrooming cases in various courts challenging orders of supersession of elected committees." The order was passed while dismissing the appeal of the Madhya Pradesh government against the high court judgment in the case of supersession of the board of directors of District Cooperative Bank Ltd, Panna. The joint registrar of cooperative societies superseded the board after issuing a show cause notice containing 19 charges.  The directors challenged the supersession as it was done without consulting Reserve Bank of India.  The court directed reinstatement of the board of directors for the full term. Among the general directions are supersession should be ordered only in rare circumstances, the committees should not be penalised for short-comings a

Supersession of elected committees

Within days of a new government taking charge of Karnataka earlier this month, S R Patil, a 65-year-old man, was sworn in as minister of information technology and bio-technology. Two powerful voices in the business world attacked him - 60-year old Kiran Mazumdar-Shaw from the biotech world, and not-much-younger Mohandas Pai. Their grouse: Patil was too old for the job.Patil, barely a day into his new role felt pre-judged, and sulked about how his predecessors had been even older.  Following widespread outrage, the celebrated critics apologised to Patil.Just a day later, 66-year-old Narayana Murthy returned to head Infosys, once India's most-envied listed company, as its executive chairman, his under-30 son in tow as his "executive assistant". His return ran counter to all notions built up about Murthy and Infosys: that Infosys was an institution not synonymous with its founders; that Murthy had built a true institution and had moved on unlike other "lala" promoters; and that blood was

Positive fallacies of Murthy, Shaw, Pai and Patil

There can be no alternative in the country without the Left and it is in touch with Sharad Yadav and other anti-Congress, anti-BJP parties, CPI(M) Politburo member Sitaram Yechury said today."An alternative front cannot be formed by merely announcing it. Such a front can only become successful if it is built on the basis of alternative policies and a common programme. There has to be alternative policies which can provide relief to the masses," Yechury told reporters. Asked to comment on CPI (M) leader Buddhadeb Bhattacharjee's observation that formation of an alternative front is a tough challenge as there are various parties splintered on the basis of religion and caste, Yechury said, "Yes that's true."But, I feel that regional parties too are under pressure from their support base to look for alternative policies," he said."Without the Left, there can't be alternative policies. We are in touch with Sharad Yadav and other anti-Congress, anti BJP parties," he said. 	When asked about t

'Alternative to BJP, Cong impossible without Left'

People normally pray for good rain. But in a few villages of Chhattisgarh this year, it is a different story.

Farmers pray for no rain, literally

WBMDTC set to clock profit after 35 years

Finance Act, 2012, introduced the concept of Advance Pricing Agreements (APA). APAs are common in other developed countries.An Advance Pricing Agreement (APA) is an agreement between the taxpayer and the tax authorities on the pricing of international transactions between the taxpayer and its associated enterprises (AE). An APA provides certainty on the pricing to be adopted for the covered intercompany transactions. Further, a bilateral/multilateral APA eliminates the risk of potential double taxation arising from controlled transactions.The government has framed rules for APAs. Rule 10H is a very interesting rule which deals with pre-filing consultation. Every applicant is required to apply for pre-filing consultation. Pre-filing consultation shall, among other things, (i) determine the scope of the agreement (ii) identify transfer pricing issues (iii) determine the suitability of international transaction for the agreement (iv) discuss broad terms of the agreement.An assessee has an

Rule 10H on pre-filing consultation: A unique feature of Advance Pricing Agreements

In 2003 around 11 per cent of the total 57 seats was won uncontested, mostly by the ruling Left candidates. In 2008 the percentage of uncontested seats came down to 5 per cent. This year the nomination process for the first two phases of three phase panchayat elections have just been concluded. Already, 15 per cent seats of the first phase and 7 per cent of the second phase went uncontested.The nomination process for the third and final phase will be over on 17 June. The Opposition apprehend that this time the number of uncontested seats would surpass even the record of 2003 election. To avoid this state election commission and the opposition parties had demanded adequate deployment of central paramilitary forces from the beginning of the nomination process, but the state government did not oblige. Now that the Calcutta High Court has clarified  that "there can be no controversy that primacy in such matters vests in the state election commission", the commission might move court again

Number of uncontested seats rising due to terror

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