News oct

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News oct

  1. 1. WEEKLY NEWS SUBMITTED BY:- AMRIT GILL
  2. 2. Hutch deal: I-T Dept asks Vodafone to pay Rs 11,218 cr as tax • Indian tax authorities on Friday asked Vodafone to pay Rs 11,218 crore ($2.53 billion) tax on its 2007 purchase of Hutchison Whampoa Ltd's mobile business in the country. • The tax demand is to be paid within 30 days of the receipt of the notice of demand. • Vodafone argues that only the 15% is subject to tax
  3. 3. Jaguar Land Rover launches armoured vehicles priced at Rs 4.75 crore • Tata Motors-owned Jaguar Land Rover launched the armoured range of its Range Rover and Discovery sports utility vehicles, with indicative prices of Rs 4.75 crore and Rs 3.75 crore respectively. • The company is also looking at launching the armoured version of Jaguar XJ sedan, which could be priced around Rs 5.5 crore. • Currently working on assembling some products from Land Rover in India in order to meet demands in India.
  4. 4. Indian billionaires now shop for Caribbean islands • After jets, yachts and luxury holiday homes, Indian billionaires are now picking up another acquisition to flaunt - sun-soaked, palm-fringed islands in the Caribbean and the South Pacific. • Though no one is disclosing names yet, five deals are understood to have been struck from India in recent months.
  5. 5. Micromax launches world's lightest touch phone • Micromax launched a touch screen smartphone , modu T, in partnership with Israel-based modu Limited to tap the "aspirational" segment of the consumers. • The 3.5G modu T was awarded the Guinness World Record for being the lightest touch phone in the world. • Priced at Rs.12,000, the 2.2-inch touch screen phone will be available in the market with pre- bundled 2GB memory card
  6. 6. SOURCE:- http://economictimes.indiatimes.com/mostviewed.cms THANK YOU

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