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RI gov: Schilling's wrong to blame woes on state
Rhode Island Gov. Lincoln Chafee on Tuesday dismissed Curt Schilling's accusations that his remarks about the former Red Sox pitcher's video game company hurt its financial position.Chafee's administration also disputed Schilling's assertion that the state reneged on film tax credits promised to 38 Studios. Chafee said he has worked since he was elected to assist the company and protect the state's

Foreign investor norms eased to accelerate capital inflows

The government today allowed qualified foreign investors (QFIs) from six member-countries of the Gulf Cooperation Council (GCC) and 27 countries of the European Commission (EC) to invest in the

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A K Bhattacharya: CAG's soft target

Why is it that the reports of the Comptroller and Auditor General of India, or CAG, have made news more frequently these days? It is not that the office of the CAG is producing more audit reports.

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Kingfisher Airlines' accounts frozen: Reports
Giving a major blow to the cash-strapped Kingfisher Airlines, the Income Tax department (I-T) on Tuesday reportedly froze its bank accounts over part payment of dues.

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DoubleTree by Hilton Debuts in Okinawa, Japan

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Sahil Peerzada summoned by I-T dept
The Income Tax (I-T) department on Tuesday said it has summoned businessman Sahil Peerzada to scrutinize his tax returns and business deals.

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