It is in coal consumption that India most diverges from the rest of the world
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The move is likely to help 4.59 lakh housing units across the country.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
Several exemptions have been given to reduce the cost of raw materials.
Ahluwalia said the government has taken steps to push the infrastructure sector and there are signs of improvement in the core sector production performance of steel, power, coal and cement during July and August.
The new national income numbers produced by the Central Statistics Office (CSO) have elicited two kinds of reaction.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Commerce and Industry Minister Anand Sharma on Wednesday appeared to share industry's concerns over naming Kumar Mangalam Birla in an FIR in coal scam case saying it was unfortunate and could raise questions over investor confidence in the country.
Further, the rate of growth improved in all, between June and July 2014.
In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The coal-bearing states shall be getting additional revenue from such coal mines.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
China has cast a long shadow on India's economy.
Budget in the medium term aims to kick-start the investment cycle.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.
'You can't take money from Shaktikanta Das (the RBI governor) and give it to Nirmala Sitharaman (the Union finance minister). She will blow it away on Modi.'
FinMin does not expect tax or non-tax revenue to reach anywhere close to the targets set in the interim Budget. Sources say that the challenge before the new government will be either to accept the reduced projection and tailor the Budget accordingly or set a more ambitious target.
Irrfan was hoping he would get a role as one of the kids in Salaam Bombay!, and when that didn't happen, heartbreak and tears followed.
The GDP slumped to a three-year low lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect.
Most of the index heavyweights are yet to declare their results.
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.
"Defaulters are advised to pay tax arrears immediately," said the notice.
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
The new IIP numbers should spread cheer among those who were part of the Manmohan Singh-led United Progressive Alliance, earlier accused of having presided over a steady deterioration in industrial performance, particularly in the last two years of its tenure, says A K Bhattacharya.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Auto and realty shares were among the top Sensex gainers.
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