The Board of Governors of the Indian Institute of Management, Calcutta (IIM-C) adopted the resolution on the tax cut, to be consulted before the Board of Governors in brief. YC Deveshwar, president of the Governing Council had no objection against the Ministry of HRD for tax interface is based on the assumption that the Institute of autonomy would not be affected.

The ministry should also take care losses by the Institute of the tax cut, to ensure that plans for infrastructure development of learning are not affected.

HAVE you been following with great interest the stock markets turn bullish and break the upper barrier? Are the stock market prices the first page you look at in a daily? Do you enjoy sitting at home on Saturday evenings, working out your gains and losses? If so, then probably a stockbroker’s profession is ideal for you.

Stocks and shares is a method to raise funds from the public for use by the government or private companies. Until a couple of decades, Mumbai was India’s first and only stock exchange and few industries were listed in the share market. Today, there is a stock exchange in every metropolitan city, where business worth crores takes place everyday. Moreover, now the National Stock Exchange (NSE), established in 1994, provides nationwide trading facilities with access to investors all over the country.

NEW DELHI, Nov 3 Asia Pulse - Public sector oil firms will lose Rs 200 billion (US$4.39 billion) this fiscal year due to non-revision in auto and domestic fuel prices, impacting their investment capabilities, Petroleum Minister Mani Shankar Aiyar said Tuesday.