CMs meeting should focus on NCTC: Mamata
April 2, 2012
West Bengal Chief Minister Mamata Banerjee demanded that the meeting of chief ministers next month should discuss only the "sensitive" National Counter Terrorism Centre issue and said she had written to the Prime Minister about it.
Yahoo may layoff thousands starting next week: Reports
April 2, 2012
Close on the heels of new Chief Executive Officer Scott Thompson taking charge at Yahoo Inc, the internet giant is planning to begin layoffs of thousands of employees next week as a part of restructuring its operations, according to a media report.
AI employees call off strike threat
April 1, 2012
A 'no pay, no work' strike call given by a major chunk of Air India's over 28,000 employees from Monday was called off on Friday after the ailing national carrier agreed to a "firm" schedule to clear all their salary and other dues by June.
India: Come summers get ready to brave power cuts
April 1, 2012
The shortage of coal and gas may cripple the country’s existing power generation capacity during the summer. The crisis is likely to worsen, a report published in a leading national daily said.
The power ministry has fallen 8,000mw short of the 11th plan target — ending March 31 — of an additional capacity of 62,000 mw due to the fuel shortages, the report added.
I’ll do anything for love: Nayanthara
April 1, 2012
Her return to the film industry has created a buzz and producers and directors are vying to sign her on across the four south film industries.
Miss India World 2012: Vanya Mishra wins the title
April 1, 2012
The winners of the Pantaloons Femina Miss India (PFMI) 2012 pageant were declared at a star-studded event at Bhavans Ground, Andheri on Friday evening.
The winners are Vanya Mishra (Pantaloons Femina Miss India World 2012), Prachi Mishra (Pantaloons Femina Miss India Earth 2012), Rochelle Maria Rao (Pantaloons Femina Miss India International 2012).
Indian businesses unveil multi-crore plans for defence sector
April 1, 2012
Home-grown corporates unveiled ambitious plans for the defence business, with Tata Motors announcing Rs 600-crore investment for developing infantry combat vehicles, and Bharat Forge saying it will invest Rs 100 crore to develop an artillery gun. Hinduja group firm Ashok Leyland said it is planning a foray into aerospace business, both defence and civilian, and is talking to foreign players for technology partnership.
Chidambaram releases new police manual
March 31, 2012
After a gap of 16 years, Home Minister P Chidambaram released a revamped Police Drill Manual which will serve as a foundation for better discipline and uniformity in all forces of the country.
Internet around the world may shut down Saturday
March 31, 2012
Come Saturday and there is a strong possibility that you won't be able to indulge in your favourite internet activities like shopping and surfing due to a hacking group - Anonymous - which has threatened to shut down the net.
How your India ESOPs are taxed in US
March 31, 2012
In the past month, as part of our ongoing series on the impact of US taxes on Indian Americans, we have covered how foreign income is taxed in the US. We have seen that according to the US IRS, if you are a citizen, green card holder or a resident of the US, you must pay taxes in the US on your global income. In case you have paid taxes in the foreign country, you may be eligible to claim a tax credit on that income in the US.
Take a look at foreign ESOPs or Employee Stock Option Plans. There are two instances of taxation on ESOPs:
