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Popular Articles

I&B bats for reduction in FBT for media firms
Reduction in the fringe benefit tax (FBT) from 20 per cent to 5 per cent for media personnel working for both print and electronic media companies was among the demands submitted to the finance ministry today by Ambika Soni, the minister for information and broadcasting (I&B).

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Delhi HC rejects Man's plea challenging GAIL's re-tending
The Delhi High court today dismissed a petition filed by Mumbai-based Man Industries challenging GAIL"s decision to re-bid for the Dahej-Vijaipur gas pipeline project.

News of the day

Mourners throng Basu's home, party HQ to pay homage
A stream of mourners lined up before the CPI-M headquarters and the Indira Bhavan, official residence of Jyoti Basu, here to pay their last respect to the departed leader as West Bengal observes a two-day state mourning beginning today.
Public Relations

United Spirits acquires Tern Distilleries

United Spirits today acquired the entire share capital of Tern Distilleries (Tern) based in Andhra Pradesh for Rs 13.42 crore. Consequent to this acquisition, Tern has become a wholly owned subsidiary of United Spirits. - McDowell to use soccer platform for promoting rum brand - United Spirits Q2 net dips 25 per cent - United Spirits Q2 net down 25% at Rs 69 cr - Bagpiper punch for Diageo - USL raises Rs 1,615 cr in QIP; to repay debt - United Spirits raises Rs 1,615 cr through QIP Tern is engaged in the business of alcoholic beverages and has its manufacturing facility at Thallapalem in Visakhapatnam district.


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