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Scrap traders seek changes in tax duty structure
Faced with the threat of closure, metal scrap traders have appealed the government to reshuffle taxation structure to volume-based from value-based.

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Optimism level among businesses bounce back: Grant Thornton
Optimism level among businesses globally has increased and as many as 70 per cent of the companies surveyed in India are bullish about the future, says global consultancy firm Grant Thornton.
International Business

Transport bandh hit some CAT students

A few students in Hyderabad could not reach the test centres in time to appear for the Common Admission Test (CAT) today, the penultimate day of the computer-based test, due to the bandh call given by the Telangana Rashtra Samithi, a political outfit fighting for a separate statehood for Telanagana. - IIMs may double CAT window next year - Letters: Global warmers?">Letters: Global warmers? - Markets begin week in red; metals, Reliance drag Sensex - Index may bounce back after consolidation - Reliance Communications: Paisa power">Reliance Communications: Paisa power - Govt probing report of under-declaration of RCom"s revenues A statement issued by TIME, a training institute, said a few students contacted the call centre of US company Prometric, which is implementing the test for admission into the Indian Institutes of Management (IIMs), and were told that all slots for the exam for this year were full and asked them to appear next year. The transport facilities and business activities have been suspended for the second day in the 10 districts of Telangana. This apart, a few students could not take the tests at three computer laboratories at the MVSR Engineering College at Nagargul on the outskirts of the city due to a server error. Prometric chief operating officer Charles Kernan said new appointments had been provided to candidates who either had been unable to take the test or have had a less than complete test experience.


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