The IT firm said it has received a provisional order from the taxman stating the attachment of properties was according to Section 281 B of the Income Tax Act. Income tax department attaches Mahindra Satyam assets

Mahindra Satyam today said it has received a provisional attachment order from the Income Tax Department attaching land and buildings of the company.Mahindra Satyam gets attachment order from Income Tax Department

Infosys on Tuesday signed an MoU with MP govt committing to invest Rs 600 crore on its proposed unit in Indore which will generate over 13,000 jobs. Infosys to invest Rs 600 cr on Indore facility

UIDAI will review procedure & processes of collecting biometric data of 60 crore resident Indians in response to security concerns raised by the home ministry.Nilekani to review UID process to plug gaps

Symantec said it's safe to use pcAnywhere after it asked customers to disable the product because it put them at greater risk of being hacked.Symantec says pcAnywhere software safe, offers free upgrade

Moneycontrol.com
Delhi may face power cut as supply falls short
India Today
A major power crisis looms over Delhi as power supply to the Capital from at least three major sources has been disrupted. Several parts of the Capital witnessed frequent outages lasting between one and six hours on Friday. The situation is unlikely to ...
Poor coal supply forces NTPC to reduce output in Bihar, West Bengal plantEconomic Times
Coalmin asks NTPC for status report on deallocated blocksMoneycontrol.com
Outages in several areas of DelhiDaily News & Analysis
Indian Express -IBNLive.com -Daily Pioneer
all 20 news articles »

Globe and Mail
COLUMN - Occupy Wall Street: David Cay Johnston
Reuters India
NEW YORK (Reuters) - Pay close attention to the Occupy Wall Street demonstrations in New York and around the United States, especially if the protests endure through the cold months into the election year spring or if the New York ...
For Mayor, 'Occupy Wall Street' Evokes Protests From Vietnam EraNew York Times
Protest Cuts Off Access To ParkWall Street Journal
New York's Bloomberg says protesters trying to destroy jobsReuters
NewsOK.com -STLtoday.com -New York Post
all 11,771 news articles »

IBNLive.com
DAC nod to bids for $10 billion MMRCA deal
Daily News & Analysis
By DNA Correspondent | Place: New Delhi | Agency: DNA The Defence Acquisition Council (DAC) on Friday gave a go-ahead to commercial bids for two short-listed vendors for $10 billion Medium Multi-Role Combat Aircraft (MMRCA) deal. ...
Bids for combat jets open soonDeccan Chronicle
Decks cleared for $10-bn IAF fighter jet dealIndian Express
Commercial bids for fighter deal to be opened later this monthTimes of India
The Hindu -Calcutta Telegraph -Firstpost
all 24 news articles »

Business Standard
India's Forex reserves dip $1.2 billion
Economic Times
MUMBAI: India's foreign exchange reserves dipped $1.2 billion during the week ended September 30, largely on account of revaluation of nondollar assets in reserves. Foreign exchange reserves are at $311.5 billion. Among its various components, ...
Forex reserves decline by $1.2 b to $311.48 bHindu Business Line
Forex reserves continue to slide, fall by $1.23bnMoneycontrol.com
India's Foreign Reserves Fall $1.2 Billion to $311.5 BillionBloomberg
The Hindu -Myiris.com -NASDAQ
all 11 news articles »

Hindu Business Line
Fresh Maruti strike spreads; Manesar workers went on a flash strike
Economic Times
NEW DELHI: Maruti Suzuki, which seemed to have put its labour problems behind after workers resumed duty last Monday on terms widely perceived to be favourable to the management, found itself facing renewed unrest on Friday evening. ...
Maruti says production at Manesar plant haltedReuters India
Workers on strike again at Maruti plant in ManesarHindustan Times
Fresh stir adds to Maruti woesBusiness Standard
Livemint -The Hindu -Moneycontrol.com
all 70 news articles »

Moneycontrol.com
Draft IT policy aims to create 10 million jobs
Times of India
PTI | Oct 8, 2011, 01.36AM IST NEW DELHI: The government on Friday unveiled the draft policy on information technology, 2011 that is aimed at creating a pool of extra 10 million skilled manpower by 2020 and strengthening India's position as a global IT ...
Tax incentives likely for software exportersBusiness Standard
Draft IT policy: Sops coming to draw investments to small citiesHindu Business Line
Sibal unveils new IT policy, sees $300-billion revenues by 2020Financial Express
The Hindu -Economic Times -Moneycontrol.com
all 88 news articles »

The Hindu
Food inflation at 9.41%, remains a worry for govt
Times of India
NEW DELHI: Food inflation accelerated to a three-week high in late September due to costly vegetables, pulses and some protein-based items, prompting finance minister Pranab Mukherjee to reiterate that prices are a matter of concern. ...
Food inflation rises to 9.41%Financial Express
Food inflation rises to 9.41%Hindu Business Line
Food inflation rises to 9.41%; matter of concern, says FMMoneycontrol.com
Hindustan Times -India Infoline.com
all 76 news articles »

Moneycontrol.com
Collections of indirect, direct taxes show slowdown
Times of India
NEW DELHI: The impact of a slowdown driven by higher interest rates and increased prices is now showing on the government's tax collections. Latest data released by the finance ministry on Friday show direct tax collections (income and corporate tax) ...
Indirect tax haul fuels crisis worryBusiness Standard
Gross direct tax collections up 23 % in first-halfThe Hindu
Tax collection up 22% in six months; September not as goodMoneycontrol.com
Rediff -Zee News
all 26 news articles »

Globe and Mail
India has more rich households than most European nations
Economic Times
LONDON | NEW DELHI: India, the world's second most-populous country, has more wealthy households than most European countries, including Germany and France. The country, with 3 million affluent households, is fast emerging as a serious centre of ...
US affluent classes dwarf China and IndiaReuters India
US affluent classes dwarf China and IndiaReuters
US affluent classes dwarf China and IndiaTimes of India
Financial Express -Siliconindia.com -Middle East North Africa Financial Network
all 44 news articles »

Moneycontrol.com
Indian Rupee Strengthens to One-Week High as Stocks Rebound
Bloomberg
India's rupee rose to a one-week high on speculation a rebound in the nation's benchmark stock index will lure overseas investors as Europe takes steps to resolve its debt crisis. ...
Rupee gains 30 paise against US dollar in early tradeEconomic Times
Rupee gains 30 paise against US dollar in early tradeNDTV.com
Indian rupee may trade with upward bias against US Dollar: EdelweissMyiris.com
The News International -Pakistan Daily Times
all 14 news articles »

Nifty to find resistance at 4950 levels
Moneycontrol.com
Speaking to CNBC-TV18 Bhatnagar said, “The next one does come in at 5000 levels. If there is momentum and positions start coming in on the long side it is quite possible that these resistances break on the upside.” If this happens Bhatnagar wouldn't be ...

and more »

Telegraph.co.uk
Aussie, NZ Dollars Gains for Fourth Day on European Optimism
BusinessWeek
Oct. 7 (Bloomberg) -- The Australian and New Zealand dollars rose for a fourth day against the US currency on optimism European policy makers are moving to insulate banks from the region's sovereign debt crisis. ...
Euro clings to gains in Asia after ECBReuters
Central Banks Take Different Tacks on Europe's EconomyNew York Times
Trichet's Opening Remarks at ECB's Press Conference: TextBloomberg
San Francisco Chronicle -Wall Street Journal -Financial Times
all 3,114 news articles »

Hindu Business Line
Airlines renew debate over low-cost model
Business Today
An unfair price war among all of India's airlines to grab market share irrespective of financial outcome has now caused a great divide. After five years of chasing low-fare passengers and having worsened their financial conditions, a section of the ...
Kingfisher justifies low-cost biz exitHindustan Times
Exiting low fare segment a risky bet by KingfisherLivemint
Operating cost of low-cost carrier competitive: KingfisherEconomic Times
Times of India -The Hindu -Business Standard
all 33 news articles »

Hindu Business Line
Toyota Plans To Start Car Exports From India By March With Etios Range
Wall Street Journal
NEW DELHI (Dow Jones)--Toyota Motor Corp. (TM) plans to start exporting its cars from India by March as part of its strategy to make the South Asian country one of its key export hubs worldwide. Under the plan, gasoline-engine versions of the Etios ...
Toyota Kirloskar to export Etios to South AfricaMoneycontrol.com
Toyota Kirloskar Motor to export Etios and Liva to South AfricaIndia Infoline.com
Toyota says to export Etios from India from 2012Reuters India
Hindu Business Line -The Hindu
all 19 news articles »

Business Today
Nifty hovers near 4900; metals, banks, tech gain
Economic Times
MUMBAI: The 50-share Nifty index surged higher as investors returned back to the market, after a festive holiday, taking cues from positive Asian peers. According to dealers, the benchmarks are catching up with other peers and need to close comfortably ...
Dussehra booster for the market; Sensex surges 450 ptsMoneycontrol.com
Sensex regains 16k level in opening trade on firm Asian cuesTimes of India
Sensex sustains solid gains...Banks, Metals surgeIndia Infoline.com
Hindustan Times -NDTV.com
all 58 news articles »