How to host Host a website Hosting your web site on your own server is always an option. Here are some points to consider:   Hardware Expenses – webserver To run a “real” web site, you will have to buy some powerful server hardware. Don’t expect that a low cost PC will do the job. You will also need a permanent (24 hours a day ) high-speed connection. Software Expenses Remember that server-licenses often are [...]

March 21: The US billionaire investor, Mr Warren Buffett, said on Monday that a massive natural disaster would not hamper the future of the Japanese economy and could prompt a new bout of stock buying. “I’m not looking at Japan’s economic future differently from 10 days ago extraordinary events offer (a) buying opportunity,” he said. Mr Buffett, the chairman of investment firm Berkshire Hathaway, was visiting South Korea to attend a ground-breaking ceremony for a [...]

March 21: Indian IT giants such as TCS, Infosys and Wipro have decided to call back their employees from Bahrain, following the political unrest in the country. “The developments in Bahrain are unfortunate and we are closely monitoring the situation there. We have around 40 employees based out of Bahrain (60 expatriates including dependants)… Around 17 expatriate employees (36 people including dependants) have already returned to India,” said Wipro senior vice- president and business head [...]

March 21: Power companies are worried about falling gas supply from the KG-D6 basin. Lanco Infratech, which owns 860 MW of gas fuelled power plants, says that its facilities are operating at a plant load factor of 72-75 per cent. “This is lower than the figure in the earlier part of the year,” says Mr J. Suresh Kumar, the chief financial officer, New Delhi-based Lanco Infratech. In fact, for February 2011, power generation compared to [...]

March 21: Bigger the corporate, the lesser you pay in terms of tax as more exemptions are available to you, the Comptroller and Auditor General (CAG) has found. As against the statutory 33.9 per cent, 179 top companies with profit before tax (PBT) of Rs 500 crore and above paid an effective tax rate of 22.1 per cent in 2008-09. On the other hand, the effective rate for the companies up to PBT of only [...]

March 21: A high-profile Indian American, Mr Rajat Gupta, has put in his papers as the chairman of Indian School of Business on Tuesday, succumbing to a fortnight of pressure to relinquish his post at India’s key business school. Mr Gupta is facing civil charges for an alleged tip off to hedge fund manager Raj Rajaratnam about Mr Warren Buffett’s plans to invest in Goldman Sachs at the height of the financial crisis. “Mr Rajat [...]

March 22: Natural gas may be having its day, as its rival energy sources come under a cloud. The serious problems at the nuclear power plant in Japan have raised new doubts about the safety of nuclear energy. New exploration has yet to resume in the Gulf of Mexico after last year’s blowout of a BP oil well. And coal plants have been under a shadow because of their contribution to global warming. Meanwhile, natural [...]

March 22: The Central Board of Direct Taxes — the income-tax department’s apex body — has asked Hyderabad-based IT firm Mahindra Satyam to pay Rs 616 crore in tax after rejecting the company’s plea to calculate tax liability on basis of restated accounts. The company has disputed the tax body’s claim and moved the Andhra Pradesh High Court on Tuesday seeking a stay on the tax demand. The court is expected to take up the [...]

March 22: In a major push to reforms, the finance minister, Mr Pranab Mukherjee, on Tuesday introduced a Constitution Amendment Bill in the Lok Sabha for the roll out of Goods and Services Tax (GST) and Banking Laws (Amendment) Bill 2011 and also to increase the voting rights in the private and PSU banks. The Bill seeks to raise the ceiling on voting rights of shareholders of nationalised banks from 1 per cent to 10 [...]

March 22: Billionaire investor, Mr Warren Buffett, on Tuesday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India’s insurance industry could be a deterrent. Mr Buffett also said the US economy was improving and that the devastating earthquake in Japan would not hurt global growth. “India is a very logical place to look so I hope I spend some money here,” [...]