Wednesday, 9 January 2013

The Economic Times Daily Newsletter

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Dated:January 09,2013
Top Headlines

LIC ups Infosys stake by over 2 pc; buys shares worth Rs 3,000 crore

LIC held 4.92 per cent stake in Infosys at the beginning of the current fiscal on April 1, 2012, which has now risen to 7.24 per cent.


Mahindra to invest $900 mn in Mahindra-Ssangyong over 4 years

The investment is separate from Mahindra's planned spending of Rs 50 bn on its own products over 3-yr ending in 2014.


P Chidambaram not in favour of taxing 'super-rich'

Pitching for higher rates of taxes for super rich, Rangarajan said that forthcoming budget could look at imposing surcharge on income above a threshold.


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