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Tata Steel up prices by Rs 2,000, SAIL withdraws discounts
Dampening the Christmas mood, leading steel maker Tata Steel has jacked up prices by Rs 2000 a tonne, while the state-run Steel Authority of India (SAIL) has discontinued the discounts with immediate effect, on the back of rising demand.

Consideration for use of copyright is not royalty
In many cases foreign companies grant access to Indian companies for using their data base and other copyr-ighted material. The question for consideration is whether the amount received by the foreign company for permitting use of such copyrighted material constitutes consideration which could be treated as royalty under the provisions of the tax laws.

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Yes Bank set for mega retail push
Pvt player to launch credit cards, education, personal loans in 3 yrs.
International Business

PM to attend Obama's N-summit in April

Leaders from as many as 43 countries, including Prime Minister Manmohan Singh, are scheduled to attend a nuclear summit convened by US President Barack Obama in April, the White House said today. "The (US) President has outlined a plan to get all loose nuclear material contained over a four-year period of time, and in April will host 43 nations in a nuclear security summit in order to make sure that those promises are made real," White House Press Secretary Robert Gibbs said.


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