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Going gets tough for big firms wanting tax reduction

Revenue foregone on account of corporation tax exemptions is estimated to grow by 16 per cent in 2018-19 (FY19) versus 8.7 per cent in the previous year and 12 per cent in 2016-17, show the Budget......

NBFC lending to real estate sector down 48% in FY19

The new government has taken cognizance of the struggling NBFCs and a provision has been made in the Budget to create Rs 1 lakh crore one-time partial credit guarantee to PSBs.This move by the......

A record 101 BSE500 firms have skipped paying dividend

The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.......

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans. Lenders have turned cautious after Cox & Kings defaulted on commercial paper of......

Despite NBFC crisis, NPAs fall to 9.3% in FY19: RBI

The report said resilience of the banks has increased with a sharp improvement in the provision coverage ratio to 60.6 per cent in March 2019 from 52.4 per cent in September 2018 and 48.3 per cent......

NBA is coming to India! Sacramento vs Indiana in Mumbai

The first-ever live National Basketball Association match between the Sacramento Giants and Indiana Pacers on October 5 at the NSCI Dome arena in Mumbai. Image: Toronto Raptors players kiss the......
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Anil Kumar Jha

In FY19, the country produced around 730 mt of coal, while the consumption was close to 965-970 mt ...
INFO EDGE Plunges by 5%; BSE IT Index Up 1.1%

Posted by Equitymaster INFO EDGE share price has plunged 5% and is presently trading at Rs 2,019. Meanwhile, the BSE IT Index is at 16,048 (up... ...
YES BANK Surges by 7%; BSE BANKEX Index Down 1.4%

Posted by Equitymaster YES BANK share price has zoomed 7% and is presently trading at Rs 61. Meanwhile, the BSE BANKEX Index is at 30,314 (down... ...
HEG Plunges by 6%; BSE CAPITAL GOODS Index Down 1.1%

Posted by Equitymaster HEG share price has plunged 6% and is presently trading at Rs 960. Meanwhile, the BSE CAPITAL GOODS Index is at 16,816 (down... ...
HPCL Plunges by 5%; BSE OIL & GAS Index Down 2.1%

Posted by Equitymaster HPCL share price has plunged 5% and is presently trading at Rs 239. Meanwhile, the BSE OIL & GAS Index is at 12,762 (down... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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