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| Economics & Finance (Asia) |
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Continue to the full story at www.dubaichronicle.com  |


The phase out of Central Sales Tax, which is a major distortion in the way of smooth functioning of VAT system, will begin from Sunday, albeit a year after and in diluted form than envisaged originally.  |
The Indian Institute of Management-Ahmedabad (IIM-A) has hiked the fees for its post-graduate mangement programme from Rs 1.77 lakh (Rs 177,000) to Rs 2 lakh (Rs 200,000).  |
How do the rich get rich? Luck often plays a role, but here are 11 time-tested strategies that are being vigorously pursued--and that work.  |


While mutual funds charge fees of 1-1.5 per cent of assets managed, that for pension funds could be a hundredth since the two investment streams are dramatically different.  |
Rulers are not monkeys to be paid peanuts -- do so and the alternative is perilous.  |
Big hatch, small engine, low price. Now what else do you want?  |
As if there weren't enough, a spate of new television channels will launch this year against all rational thinking.  |
The urban design of Naya Raipur promises to incorporate the best of international cities as well as traditional Chhattisgarh culture.  |
The existing company is expected to continue as the holding arm of its huge real estate assets.  |
The West Bengal government is likely to shift the chemical hub project to Haldia since it requires proximity to a port.  |
In talks with Starwood and Peninsula Hotels.  |
The move will induce more transparency and simultaneously rearticulate the company's brand strategy with an estimated Rs 50 crore (Rs 500 million) annual campaign.  |
Vijay Mallya-promoted Kingfisher Airlines's international service, which is expected to start by January 2008, will be staffed entirely by foreign cabin crew.  |
Moser Baer India has acquired 40 per cent equity stake in Slovenia-based Solarvalue Proizvodnja from Germany based Solarvalue AG for an undisclosed amount, giving it an assured supply of solar grade silicon for its photo voltaic business.  |
State-run BSNL on Saturday approached telecom tribunal TDSAT against sector regulator TRAI's decision to cut a levy paid by private operators to the public sector company for its rural operations.  |
Tata Power will acquire 30% stake in two major Indonesian thermal coal producers owned by PT Bumi Resources Tbk (Bumi) for Rs 4,840 crore ($1.1 billion) giving it access to one of the largest thermal coal mines in the world.  |
IPO grading will answer questions on the fundamentals of the company  |
The size of the opportunities today is twice or thrice what it was three years ago  |
After experimenting with specialised malls, realtors are hard-selling the luxury mall concept.  |
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