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CAT crash: Govt seeks report from convener
Swinging into action, the government today sought a report from the convener of Common Admission Test (CAT) Satish Deodhar on the ongoing disruption of the computer-based entrance test for admission into Indian Institutes of Management (IIMs).

Religare expands investment banking operations
Religare Enterprise is expanding is investment banking division. The financial services company has started an investment banking division to tap opportunities in emerging markets. This new division will be part of Religare Capital Markets Limited (RCML).

News of the day

Technical services sans human interface may be tax-free
The expression “Fees for Technical Services” is defined in Explanation 2 in section 9(1)(vii) of the Income -tax Act as under:
Business Ideas

States asked to prepare action plans on climate change

The Centre today said state governments had been asked to prepare the local-level adaptation action plans on climate change, consistent with the objectives of the National Action Plan on Climate Change (NAPCC). Necessary assistance is also being provided to the state governments (to tackle climate change) subject to availability of funds, Environment and Forests Minister Jairam Ramesh said in reply to a written question in the Lok Sabha.He said a study on “the impact of climate change in India” had been launched under a joint Indo-UK Research Programme.


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