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Power Finance Corp. , the state-owned Indian lender to power projects, hired 20 banks to help it sell five- and 10-year bonds in rupees, according to two people familiar with the matter.

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NTC, Finance Ministry need to clarify reforms

Telecom operators want the Finance Ministry to discuss the termination of concessions with the National Telecommunications Commission (NTC) so the operators have a clear idea as to what they should do next.

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The latest finance news here and abroad with Lexi Metherell.

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Finance manager evaded tax

A FINANCE manager was jailed two months on Wednesday for falsifying tax invoices and another two weeks for evading paying tax on $1.2 million between 2005 and 2008. Madeleine Foo Tiew Heng, 64, pleaded guilty last week to three charges of falsifying invoices and to two charges of tax evasion.

Finance Ministry calls for further talks on impact of 3G licences

The Finance Ministry has recommended that the National Telecommunications Commission (NTC) consult with “all related state agencies” on its plan to auction the 3G2.1GHz spectrum licences.

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A FINANCE manager was jailed two months on Wednesday for falsifying tax invoices and another two weeks for evading paying tax on $1.2 million between 2005 and 2008. Madeleine Foo Tiew Heng, 64, pleaded guilty last week to three charges of falsifying invoices and to two charges of tax evasion.

Finance would welcome a value being put on its contribution

THE finance industry would welcome moves to obtain clearer information on its economic output, according to the Guernsey International Business Association.

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AUSTRALIAN housing finance commitments for owner-occupied housing rose 1.9 per cent in May, seasonally adjusted, to 48,818, the Australian Bureau of Statistics said.

Finance committee rejects city employee pay freezes

Pataskala City Council’s finance committee met July 5 to recommend the issuance of more than $4.5-million in bonds for debt financing of the wastewater treatment plant and immediate repairs to Summit Road.city employee pay freezes

Finance: Lexi Metherell

The latest finance news here and abroad with Lexi Metherell.

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The Currituck County Finance Department has received the highest form of recognition in governmental accounting and financial reporting.

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Lenihan defends finance department

Minister for Finance Brian Lenihan has today come under pressure to extend the terms of reference of the Commission of the Investigation into the banking crisis.

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