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RISKY BUSINESS: Dubai government-owned holding company Dubai World manages the country's portfolio of businesses.

RISKY BUSINESS: Dubai government-owned holding company Dubai World manages the country

Dubai World debt crash pulls markets down

Indian stock markets joined the tumble in bourses around the world on Friday after Dubai government-owned holding company Dubai World, which manages that country's portfolio of businesses, said it had asked creditors for an extension of six months on debt repayments.

THE  NUMBERS:  FBT yielded less than two per cent of direct tax collections for FY 2009.

FBT may be scrapped: Sources

Fringe Benefit Tax in the current form is not an effective revenue raising tool.

http://www.ibnlive.com/news/fbt-may-be-scrapped-sources/93537-7.html

GROWTH: Dalal Street seemed to have opted for foreign direct investment and unrestricted policy growth.

'Thank God its Monday' at the Stock market

This was the first opening trade ever since election results were out on Saturday.

http://ibnlive.in.com/videos/92905/thank-god-its-monday-at-the-stock-market.html

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