Honda Motor Co is expected to sell its entire 26 per cent stake in Hero Honda to its partner Munjals-promoted Hero Group and would earn $1.2 billion from the sale, Kyodo reported quoting Japanese Nikkei business daily. Kindly let me know what would be my tax liability in each of the three plans and what would be tax liability at redemption regarding appreciation in value? I intend to remain invested for 2/3 years. Q: I have last month invested equal amounts in HDFC MIP LTP Growth Fund, Reliance MIP dividend reinvestment plan and Canara Robeco MIP quaterly dividend payout option.

Goenka, president, Automotive and farm equipment sector, Mahindra and Mahindra, and Egido An agreement in this regard was signed by Dr Pawan Maschio-Gaspardo, to sell the complete range of rotary tillage equipment made by the latter. Mahindra and Mahindra’s farm equipment division today announced a tie-up with Italian rotary tillage manufacturer, M&M, Italian co in pact for farm equipment The regulatory upheaval in the telecom sector following the CAG report and subsequent action by the Department of Telecommunications is likely to restrict the operations of new licencees like Uninor, Datacom (Videocon), Etisalat (Swan Telecom), S Tel and Loop Telecom, according to a research note by Avendus Securities. It is lying 'headless' since Naseem Zaidi took over as secretary in the Ministry of Civil Aviation. Uncertainty has once again gripped the Directorate-General of Civil Aviation (DGCA). Beginning next year, the Indian subsidiary of leading global farm machinery manufacturer, will be investing one million euros for the expansion of its facility in Morinda, near Chandigarh.Ī farmer tries his hands on a tractor at Agro Tech 2010 in Chandigarh On the heels of HDFC's raising lending rates, country's largest private sector lender ICICI Bank today decided to hike deposit and lending rates by up to 50 basis points from December 6.Ĭlaas India will be outsourcing goods worth four million euros from its vendors in Faridabad and Ludhiana, for its combine harvester manufacturing facilities in Germany and France. Japanese auto giant Honda has reached an agreement to dissolve their 26-year old joint venture, Hero Honda, with the Hero Group by selling its entire stake in the India's largest two-wheeler maker. To sell entire 26 per cent stake to Munjals

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