How to avoid confusion at least about taxation between spouses? Ameet Patel explains

As per Hindu traditions, after marriage, the husband and wife are supposed to share everything in their lives equally with each other. One spouse may love to share the tax liability with the other; but unfortunately, the drafters of the Income-tax Act don’t share this noble thought. As a result, there are...

Alstom is on a strong growh path

Demand for power equipment is booming and, along with ABB and Siemens, Alstom - the third global major in this area - is doing extremely well. Alstom has supplied more than 25% of the world’s installed power generation capacity and has 18% market share of rail transportation. In India, Alstom Projects India Ltd. (APIL) has three major divisions - power...

The trend is still up. But we are entering a struggle zone

As everyone was expecting, including us, we did touch fresh life-time highs and are now poised to go up another 300-500 points on the Sensex. The market continues to climb the walls of scepticism which is expressed in observations like: “the market is at historic highs”, “earnings growth will slow down” and “valuations are too high on...