Six people killed, another six missing and 150 injured. And yet, the fire at Jaipur’s Indian Oil Corporation depot blazes away, an entire 36 hours after it began. The gigantic flames have been contained within the depot’s premises, but all 12 containers have exploded, so the fire is expected to last for another day. There are, after all, 80 lakh…
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What’s New in Windows 7
Microsoft’s Windows 7 is finally here. The new perating system (OS) is the the company’s most important release after the disappointing performance of Vista, its earlier release. With Windows 7 Microsoft aims to once again strengthen its grip on the PC market. Here’s looking into all that’s new in Windows 7. File folders can now be organized into “libraries.” ,…
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Microsoft launches Windows 7
Microsoft Corp launched Windows 7 on Thursday in its most important release for more than a decade, aiming to win back customers after the disappointing Vista and strengthen its grip on the PC market. The world’s largest software company, which powers more than 90 per cent of personal computers, has received good reviews for the new operating system, which it…
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RBI may Hike SLR at Policy Meet: DBS
A 100 basis point hike in the Statutory Liquidity Ratio (SLR) by RBI cannot be ruled out at its policy meet next week, DBS said in a note on Friday.SLR, now at 24 per cent, is the minimum share of bank deposits to be held in approved government securities.
CIT Vs Mohindra Fasteners LTD- Section 68- Share Application Money
It has been held by the Hon’ble Delhi High Court that no addition under section 68 of the Act can be made to the income of the assessee company on the basis of facts recorded at the time of search. For making addition under section 68 of the money received on account of share application money the burden is on…
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