CK Birla group company Hindustan Motors on Monday said it has increased the prices of premium sedan Lancer marginally by upto one per cent.
Petroleum Minister Ram Naik on Friday said oil companies will revise prices of domestic LPG only after Finance Minister Jaswant Singh replied to the Budget debate in Lok Sabha on Tuesday next.\n
Leading conglomerate ITC will soon increase prices of cigarette brands like Classic and Gold Flake Kings by up to 15 per cent per pack.
Petrol and diesel prices are likely to go up by at least Rs 2 per litre after the Lok Sabha polls, once the current freeze on revising prices in step with the cost of the raw material -- crude oil -- is lifted.
Tata Motors has hiked the price of its premium small car 'Indica' by an average of 1.9 per cent with immediate effect.
Close to 202,000 new entities have registered under the GST Network
The launch of premium devices from OnePlus and Samsung in the second half of Apple's reporting period added to Apple's woes.
The move will help address apprehensions as well as potential disputes on various computational and transitional issues such as the loss of input credits and pricing that were bound to arise on account of the change.
Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
The breadth, indicating strength of the market was strong
State Bank of India on Friday reduced its deposit rates by 0.25 per cent, making it the third bank after private sector rivals, ICICI Bank and HDFC Bank, to reduce deposit rates this week.
Consumer durable firms, including Haier, Whirlpool, Panasonic, Godrej Appliances and Daikin, are increasing prices of their products by up to 5 per cent following the withdrawal of excise duty sops, coupled with high input costs.
While a new formula for pricing of all domestically produced natural gas was notified on January 10 and published in Gazettee on January 17, the Election Commission last month asked the government to defer its implementation till general elections are completed.
Petrol price has been hiked by Rs 1.82 a litre, excluding taxes, with effect from midnight tonight.
Most companies were working on Rs 65-66 to a dollar.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
He added every dollar rise in the gas price will result in Rs 4,000 crore of revenue and Rs 2,300 crore in profit after tax.
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Firms are mandated to change prices of medicines within 45 days of NPPA's notification.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.
Diesel price was on Monday hiked by 50 paise per litre, excluding VAT, with effect from midnight tonight.
As per the 15-day billing cycle, gas producers are to raise the first invoice at the revised price of $5.61 per million British thermal unit this weekend.
The Union Cabinet in June decided to price all domestically produced natural gas at an average of the price prevailing at international gas trading hubs and the actual cost of importing liquid gas.
The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.
Deepak Fertilizers plans to revise open offer price to beat Mallya-Poddar efforts
Amid a spate of government proposals at its door, the Election Commission has asked all Union government departments to route their proposals through the Cabinet Secretariat.
If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently.
Steps taken by the government over the past few months signal a determined effort to reform the subsidy regime.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
It is not without reason that Japanese consumer electronics companies such as Sony, Panasonic, Hitachi, Daikin and Sharp are investing significant sums in India.
Within a week of the Telecom Regulatory Authority of India giving its final recommendations on the valuation and pricing of spectrum, Chairman Rahul Khullar speaks to Business Standard on the process the regulator followed in finalising the much-debated issue.
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