Briefly Business: BSE appoints Justice Kapadia as public interest director

BSE appoints Justice Kapadia as public interest director

MUMBAi: Justice SH Kapadia, former Chief Justice of India, has been appointed as Public Interest Director on the board of the Bombay Stock Exchange with effect from January 29. Kapadia retired as Chief Justice of India on September 29, 2012.

CERC admits Sasan Power petition

new delhi: Power sector regulator CERC on Wednesday admitted a plea of Reliance Power's subsidiary for upward revision of tariff from its under-construction Sasan ultra-mega power project in Madhya Pradesh.

Oil India stake sale to take place on Feb 1

new delhi: The government will offload its 10 per cent equity in Oil India Ltd (OIL) on Friday which may fetch the exchequer up to Rs 3,000 crore.

FTA talks with Australia scheduled for April

New Delhi: India and Australia are expected to hold the fifth round of negotiations in April in a bid to fast track talks for t he proposed Free Trade Agreement (FTA). The talks would take place in Australia, said the country's Trade Minister Craig Emerson.

'Government confident of resolving Vodafone tax dispute'

LONDON: India's finance minister, P Chidambaram, said he is confident that a more than $2 billion tax dispute between Vodafone Group Plc and the country's tax office will be resolved as the two sides continue talks.

Vodafone, the largest corporate investor in India, has repeatedly clashed with Indian authorities over taxes since it bought Hutchison Whampoa's local mobile business in 2007.

"I'm sure some way will emerge out of these discussions. I will be very happy if we could find a resolution to the issue, put it behind us and move on," Chidambaram told Reuters television in an interview in London on Tuesday. "I think Vodafone is of the same view, so both government and Vodafone are keen to resolve the matter and I am confident we can resolve it," he said.

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