Additional levy to eat into Rs 6,000-crore income of top promoters
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
The deal comes at a huge cost to minority shareholders who have till date lost close to Rs 5,500 crore that were written off United Spirits' books
While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards.
Percy Mistry says things at market regulator Sebi are also in bad shape.
Experts expect the trend to continue in the near term.
Congestion on Mumbai roads has become chronic.
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
The scheme is yet to take off.
However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
For the first time in a decade, the BSE Midcap and Smallcap indices outperformed the benchmark index for a consecutive year
Longest period of price-earnings expansion in the index since 1996
67 companies with total debt of Rs 5.65 lakh cr were either loss-making or didn't generate enough profit to cover interest cost in FY15
Indian CEOs might like to make some serious course correction.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Silver prices have fallen by eight per cent in 2015 to Rs 34,290 a kg.
The rupee's fall against the dollar is bad news for companies which have increased their exposure to foreign currency loans in recent years.
Gold import in the December quarter is estimated to come down.
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