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Packaged software tax riddle: Microsoft wants excise duty on it
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Kolkata-based Balrampur Chini Mills profit after tax for fourth quarter ending September 30, 2009 improved 193 per cent at Rs 42.7 crore from Rs 14.58 crore in the fourth-quarter last year. Net sales dropped to Rs 379.96 versus Rs 416.73 crore in the corresponding quarter in the preceding year. Earnings per share gained 192.7 per cent at Rs 1.67 as against 57 paise in the year ago quarter.

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Emaar MGF says no impact of Dubai crisis
Ahead of its upcoming initial public offer to mop up about Rs 4,000 crore, realty firm Emaar MGF today said it would not be impacted by Dubai"s debt repayment crisis, which has led to a rating downgrade for its Middle-East promoter.
Public Relations

Maha govt staff call off proposed strike

The government employees in Maharashtra today called off their proposed strike which was sheduled to begin tomorrow, saying the state government has accepted "most of their demands" including payment of HRA as per Sixth Pay panel recommendations from this month. - Govt rules out bailout, promises to address grievances - 22 lakh Maha govt employees to go on strike from Aug 4 - Pvt carriers still booking tickets for Aug 18 - Pranab to talk to Patel on pvt airlines" strike - Hyundai workers end strike after TN govt"s intervention - Transport strike halts life in Kolkata "We are not going ahead with the strike as the government has accepted most of our demands," Maharashtra State Gazetted Officers Mahasangh general secretary G D Kulthe told PTI after talks with Chief Minister Ashok Chavan here. Representatives of the Mahasangh, Maharashtra State Central Employees Organisation, Zilla Parishad employees association and teachers organisations also attended the meeting. The government has agreed to double the travelling allowance with effect from April 1 next year, Kulthe said. Maternity leave for women employees has also been doubled, from the present 90 days to 180 days, he added.


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