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Weekly News(27th sept-3rd Oct)
Blackberry’s Canadian maker RIM has said it does not have a key to offer to Indian securities agencies that would help docode emails. As a part of its broader electronics security crackdown, the Indian govt also plan to send notices to google and skype to set up servers in India and allow full monitoring of communication. Govt not able to access blackberry messaging
SC asks Taxman to state Telco’s exact tax liability before hearing entire matter. The IT department and Vodafone have been locked in litigation since 2008 over Vodafone’s 2007 purchase of majority stake in then Hutchison Essar for 11.2$ billion. The Indian tax authority says Vodafone was liable for withholding tax from hutchison when it made the payment. Govt goes one up in Vodafone tax case
German luxury car maker Audi launches petrol q7 at rs. 59.29 lac. Audi India claimed that the new Q7 will reach a speed of 100 km per hour in just 6.9 seconds and can attain a top speed of 245 kmper hour. Audi India is expecting to sell about 2700 unit this year compared to 1658 units in 2009. Audi launches petrol q7 at rs. 59.29 lac
Budget air carrier indigo has received government’s permission to fly from next year. The airlines would now work on routes and other modalities involved in its proposed international operations. Indigo is the second budget air carrier after spice jet, which would be flying overseas. Spice jet, plans to launch flights to Kathmandu and Colombo from next month. Indigo gets permission to fly overseas

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Weekly news

  • 2. Blackberry’s Canadian maker RIM has said it does not have a key to offer to Indian securities agencies that would help docode emails. As a part of its broader electronics security crackdown, the Indian govt also plan to send notices to google and skype to set up servers in India and allow full monitoring of communication. Govt not able to access blackberry messaging
  • 3. SC asks Taxman to state Telco’s exact tax liability before hearing entire matter. The IT department and Vodafone have been locked in litigation since 2008 over Vodafone’s 2007 purchase of majority stake in then Hutchison Essar for 11.2$ billion. The Indian tax authority says Vodafone was liable for withholding tax from hutchison when it made the payment. Govt goes one up in Vodafone tax case
  • 4. German luxury car maker Audi launches petrol q7 at rs. 59.29 lac. Audi India claimed that the new Q7 will reach a speed of 100 km per hour in just 6.9 seconds and can attain a top speed of 245 kmper hour. Audi India is expecting to sell about 2700 unit this year compared to 1658 units in 2009. Audi launches petrol q7 at rs. 59.29 lac
  • 5. Budget air carrier indigo has received government’s permission to fly from next year. The airlines would now work on routes and other modalities involved in its proposed international operations. Indigo is the second budget air carrier after spice jet, which would be flying overseas. Spice jet, plans to launch flights to Kathmandu and Colombo from next month. Indigo gets permission to fly overseas