Financial Express - India's leading business newspaper from the Indian Express Group

Karnataka slaps 4 per cent ST on computer software

Karnataka, the country's most IT-savvy state, has imposed a 4 per cent sales tax on computer software including programming, providing and leasing of computer software.

Rathi probe enters decisive phase

The probe into the Anand Rathi tapes has entered a decisive phase with the Securities and Exchange Board of India now preparing to go through detailed trade data from the Bombay Stock Exchange and the National stock exchanges to try and establish whether there was any direct correlation.

Maran mulls sops for states, exporters

With five days to go for unveiling the Exim policy, the commerce and industry minister Murasoli Maran is planning to offer several incentives for boosting exports.

German Remedies deal by mid-April

The German Remedies sell-off deal, expected to be sealed by mid-April, took an unusual twist on Monday when Nicholas Piramal issued a statement saying that it is not interested in taking up equity in the company.

Management guru finds no major corporate leaders in India

Noel M Tichy, a professor at the University of Michigan Business School and a guru in leadership building and organisation restructuring, says there are very few CEOs in India who can be called true corporate leaders.