M Padmakshan

  • Leela in talks with Changi for Kannur airport

    Leela in talks with Changi for Kannur airport

    Captain C Krishnan Nair, chairman of the Mumbai-based Leela Group, has begun talks with Singapore’s Changi airport for an equity and technological partnership to develop the proposed new airport at Kannur in North Kerala.

    Seagram to roll out locally made wines

    Seagram to roll out locally made wines

    The Indian arm of global wine & spirit major Pernod Ricard, has decided to roll out brand new wines produced in India from November.

    Angostura to uncork  premium rum here

    Angostura to uncork premium rum here

    Angostura group, part of UK based CL WorldBrands and makers of Angostura aromatic bitters, is launching Angostura rum from Trinidad & Tobago in the Indian market next week.

    HC plugs tax evasion leak in M&A formula

    HC plugs tax evasion leak in M&A formula

    Amalgamation of companies as a tax avoidance/evasion device is going to be difficult from now on, thanks to a recent order by the company court of the Bombay High Court.

    Delay in providing information costs official his salary

    Delay in providing information costs official his salary

    In an order that shows how serious an offence the non-compliance of the Act is, the chief information officer of Maharashtra has levied a penalty of nearly Rs 10,000 for delaying the information for 39 days.

    Kingfisher flies into red with Rs 240 cr loss

    Kingfisher flies into red with Rs 240 cr loss

    Days after low-cost carrier, Air Deccan reported a loss of Rs 340 crore, the Vijay Mallya-promoted Kingfisher Airlines is all set to report losses to the tune of Rs 240 crore.

    Radico Khaitan prepares to brew its own beer story here

    Radico Khaitan prepares to brew its own beer story here

    The Lalit Khaitan-led Radico Khaitan group, the manufacturers of 8 PM Whisky, and the only serious player other than Vijay Mallya’s UB group in the Indian spirit business, is eyeing opportunities in the booming beer market.

    IT fails to click with tax dept

    IT fails to click with tax dept

    The Income-Tax department’s flagship IT project for a nationwide network to streamline data collection, compliance and surveillance has virtually come to a halt.

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