Briefly Business: FinMin mulls ETF for PSU stake sale

India asks Colombia to ratify DTAA

New Delhi: India has asked Colombia to expedite ratification of Double Taxation Avoidance Agreement DTAA to build investors confidence on both sides.

Sebi for independent SRO for bourses

Mumbai: Sebi plans to set up an independent SRO Self Regulatory Organisation for stock exchanges,but wants the day-to-day trading regulations and surveillance actions to remain with bourses.

SBIs associate bank merger unlikely

New Delhi: State Bank of India is unlikely to go for consolidation of its associate banks this year as some issues are yet to be sorted.

Tata firm writes off Pakistan,Lanka stake

New delhi: Tata groups Tata Investment Corporation TIC as written off its over 50-year old equity stake in 26 companies from Pakistan and Sri Lanka.

CBDT may get a woman chief

New Delhi: A finance ministry official said the name of Poonam Kishore Saxena,a 1974-batch IRS officer,has been forwarded to Prime Minister Manmohan Singh for appointment as chief of the Central Board of Direct Taxes.

Airlines goes to court against tariff hike

New Delhi: Claiming that the 345 per cent hike in aeronautical tariff will make IGI Airport the most expensive airport in the world,airlines have sought intervention of the Delhi High Court seeking legal intervention.