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Illegal State Aid Allows For Lower Corporate Income Tax

Ut World November 14, 2014 0

A deal between Starbucks Corp’s and Dutch authorities may be illegal state aid as it allows the world’s biggest coffee chain to make payments on a lower corporate income tax base, European Union antitrust regulators said on Friday. The comments by the European Commission came five Continue Reading

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Need for flexibility in regulations

Ut World November 13, 2014 0

In March 2012, the Reserve Bank of India (RBI) introduced new regulations rules to contain the rapid growth of the gold loan companies which was perceived as posing a risk to the stability of the financial system in India. The major change brought about was that gold loan NBFCs were required to observe a cap […]Continue Reading

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Maybe You Shouldn’t Fall Asleep in Your Math Class

Ut World November 12, 2014 0

On sunday a record of 12 Breakthrough Prizes were handed out, the award created two years ago by Russian billionaire venture capitalist Yuri Milner, Facebook founder Mark Zuckerberg, Google co-founder Sergey Brin and other tech industry luminaries. Each prize is worth $3 million, almost three times the cash a Nobel Prize winner receives. This year is […]Continue Reading

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John Lennon’s Guitar to be Auctioned

Ut World November 11, 2014 0

A Gretsch guitar that John Lennon played for the recording of the Beatles’ hit song “Paperback Writer” and then gave to his cousin is expected to fetch up to $1 million (630,000 GBP) at auction in Britain this week. Auction house TracksAuction.com said the Gretsch 6120 instrument was one of the most significant Lennon guitars […]Continue Reading

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MISS SOUTH INDIA 2015 AUDITION DATES

Ut World November 10, 2014 0

  It is time to recruit young beautiful and talented ladies for the 12th edition of Manappuram Miss South India 2015 which is being directed by Mr. Ajit Ravi Pegasus, the founder and chairman of Pegasus. This year Ms. Abhishikta S Shetty from Karnataka was crowned Manappuram Miss South India of 2014 by last year’s […]Continue Reading

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Building New Smart Cities

Ut World November 10, 2014 0

India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday. Jaitley said changes to the law were needed to fulfil Prime Minister Modi’s vision of building 100 new “smart” cities across […]Continue Reading

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Building New Smart Cities

Ut World November 9, 2014 0

India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday. Jaitley said changes to the law were needed to fulfil Prime Minister Modi’s vision of building 100 new “smart” cities across India. […]Continue Reading

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Kingfisher Fails to Report Financial Results

Ut World November 8, 2014 0

The Bombay Stock Exchange and the National Stock Exchange of India Ltd., India’s two main stock exchanges, will suspend trading of shares of grounded Kingfisher Airlines Ltd from December 1 for failing to comply with rules on reporting financial results, the bourses said in separate notices. Kingfisher, founded by liqour baron Vijay Mallya and once India’s No.2 Continue Reading

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Man Shot Dead After Being Caught Attempting to Eat A Murdered Woman

Ut World November 8, 2014 0

Police in Britain shot a man discovered attempting to eat a murdered woman in a Welsh hotel with a stun gun, the Independent newspaper reported on Friday, saying the man later died. Welsh police said they were called to an incident at a hotel in Argoed, a village 160 miles west of London, after reports […]Continue Reading

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Airliner Crashes Into a Buffalo

Ut World November 7, 2014 0

An Indian airliner crashed into a stray buffalo during take-off from the western city of Surat although no passengers or crew were hurt, the plane’s operator, SpiceJet Ltd, said on Friday. The airline was forced to ground the Boeing 737 which suffered “substantial damages”, it said. SpiceJet said the buffalo, which was killed in the accident on […]Continue Reading