Mumbai: Maruti Udyog Ltd has got regulatory approval to change its name to Maruti Suzuki India Ltd.

A new clash among the Patni brothers over the rights of the new capitalist in Patni Computer Systems is delaying the stake sale process in the IT services company.

Mumbai: The owner of the Taj Hotels chain, Indian Hotel Company (IHCL) has purchased a 10 per cent stake in the NYSE-listed Orient-Express Hotels for around Rs 850 crore.

New Delhi: Providing ease to exporters affected by the rupee appreciation in the exchange market, the administration declared they would be relieved from the tax on services rendered by road transp

The stock market got off to an impulsive beginning this morning with equities fluctuating in a dispirited manner in early trading.

The finance ministry has announced exemption for exporters from services taxes by ports, railways and road transport. Many exporters have been hit badly due to recent downtrend in US dollar. The rupee value has appreciated recently and has hit the net profits of many companies.

The statement issued by Finance Ministry said, "Government has issued a notification providing refund of service tax paid by exporters on four taxable services, which are not in the nature of input services but could be linked to export goods."