When Mr. Ratan Tata expressed his intention for the first time about making a people’s car which would cost just one lakh, his critics mocked at him calling his idea as naïve. They even went to the extent of saying that in a minuscule amount of one lakh, car may be designed with curtains in [...]
Practice Management's archives
India’s one lakh car – From Ratan Tata’s dream to reality
TATA vs. Orient Express
This year started with biggest takeover of a foreign company in the history of India when TATA steel took over Corus. Gone are the days when Indian companies were bought by foreign companies. The table has turned round and India is playing its cards well. Birla – Novalis and Suzlon – RE Power are other [...]
Telecom Industry under Service Tax Department scanner
Indian Telecom Industry is one of the fastest growing Telecom Industry in world adding close to 8 millions every month. But all is not well and finance ministry is not satisfied with the revenue posted by telecom which indirectly is affecting service tax collected by the government. As you may be aware that tariffs in [...]
Sale! Sale!! Sale!!! Hurry up last three days
Taking a cue from big shopping malls and retail industry, telecom industry too has joined the sale mania. Well the commodity offered for sale and the target customers in this sale are different from retail sale. Like any other sale, this one too has free component built in it but the free component in this [...]
Hutch is now Vodafone
It is official now. I hope by now all of you are aware of the news – Hutch is now Vodafone. I was anxiously waiting to see the new advertisement of Vodafone and no sooner did I reached home yesterday than I sat glued to my idiot box. While ‘Pug’, the brand ambassador of Hutch [...]
Airtel and Vodafone under MRTPC scanner
Telecom industry is witnessing biggest all time paradigm shift in India. From spectrum war between Defence Ministry & TRAI, outcry of operators on TRAI recommending removal of cap on number of operators in the circle and also charging for 2G spectrums, spat between GSM and CDMA players on latter alleging that GSM players are misusing [...]
Twins Updates: List of Chartered Accountant Firms and CA News Portal
It’s my pleasure to announce some important updates done with the site at Forum4ca.com. We have more reasons to claim, why Forum4ca is an unbeatable platform for Chartered Accountants. We have better rankings, better traffic, latest features and a growing list of subscribers. I have to do these updates mainly because 1000′s of readers need [...]
Chartered Accountant brutally murdered
I feel very sad to inform all of you that one of our member, Sri Paras Duggar from Naharlagun, Arunachal Pradesh was brutally murdered by one of his client on professional issues. He was just 36 and was very charming personality. He happened to be an alumnus of my hostel, Poddar Chhatra Niwas, Kolkata. This [...]
Flying abroad spicier than domestic
A lot is cooking in aviation industry. Everyday you pick up Economic times and a major chunk of it speaks about Telecom and Aviation industry. Aviation industry is changing at a very fast pace with consolidations, investments, changes in fare and new routes making loud news. The honeymoon period of marriage between Air Deccan and [...]
External Commercial Borrowing policy modification and its impact ..
After long time there is an upward movement in IT companies’ scrip. This is primarily due to recent changes made in norms of External Commercial Borrowing (ECB). IT companies are hit badly as there top line consists of a major chunk of exports. Since most of their clients are foreign based, stronger rupee has lead [...]
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