I-T raids on 11 contractors in poll-bound Karnataka

Bengaluru , April 24

Income Tax officials on Tuesday raided offices and homes of 11 government contractors in Bengaluru and Mysuru in poll-bound Karnataka for alleged tax evasion, a senior official said.

India to frame e-commerce policy

New Delhi , April 24

The Indian government has decided to set up a task force to finalise a policy on the e-commerce sector in the country, an official announced on Tuesday.

Hero MotoCorp raises prices

New Delhi , April 24

Two-wheeler manufacturer Hero MotoCorp on Tuesday made an upward revision in the ex-showroom prices of its motorcycles and scooters with immediate effect.

New industrial policy soon: Prabhu

Gurugram , April 24

Union Commerce and Industry Minister Suresh Prabhu on Tuesday said that soon a new industrial policy will be introduced and would encourage establishment of industry in rural areas.

Global cues, index heavyweights lift equities; metals slump

Mumbai , April 24

Key Indian equity indices on Tuesday closed with humble gains riding on broadly positive global markets, coupled with expectations of healthy quarterly corporate earnings and healthy buying in oil and gas, banking and capital goods stocks.