ACC gains over 4% on strong sales in March-quarter Dilip Buildcon lowest bidder for Goa airport work; stock hits 52-week high Nifty Realty index 33-month high; Indiabulls surges over 10%
Uploading Date : 24-04-2017Shares of real estate companies were in focus with the Nifty Realty index hitting 33-month high on the National Stock Exchange (NSE) in intra-day trade after a strong rally in Indiabulls Real Estate, Housing Development & Infrastructure (HDIL) and Godrej Properties................
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GST to boost GDP by 4.2% or Rs 6.5 lakh crore: Fed Paper
Uploading Date : 22-04-2017India’s changeover to the goods and services tax (GST) has resonated with the Fed: A research note at the US central bank reckons that the biggest indirect tax reforms since Independence could enhance the country’s gross domestic product by up to 4.2%, or Rs 6.5 lakh crore — a sum greater than the central government’s annual borrowing................
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Ashok Leyland plans Rs 600 cr capex this fiscal
Uploading Date : 21-04-2017Hinduja Group flagship firm Ashok Leyland today said it has lined up around Rs 600 crore capex for this fiscal to enhance cabin and engine capacity besides setting up new assembly units in Kenya and Ivory Coast.............
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Future Retail to focus on core format post demerger of home retail biz
Uploading Date : 21-04-2017Future Retail, which is demerging its home retail and e-commerce home retail businesses into a single entity -- Praxis Home Retail -- would concentrate on core format of small store and big store retail from now on..............
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India records impressive growth in recent years: IMF
Uploading Date : 20-04-2017India's growth has been "impressive" in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official. ndia has recorded quite an impressive growth performance in recent years. Our view is that the elimination of fuel subsidies and the targeting.............
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Indian firms' foreign investments double in March to $3 billion
Uploading Date : 18-04-2017Indian companies' foreign direct investment (FDI) in March in their overseas ventures more than doubled to $2.99 billion, according to data released by the Reserve Bank of India (RBI) on Tuesday..................
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DCB Bank falls over 5% post Q4 results
Uploading Date : 17-04-2017DCB Bank dipped 7% to Rs 168 on BSE in intra-day trade after the bank reported 24% year on year drop in net profit at Rs 53 crore for the fourth quarter ended March 2017 (Q4FY17), on higher provisioning and higher tax expense. The private sector lender had profit of Rs 70 crore in the same quarter last fiscal.............
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Apollo Tyres plans to increase market share in Europe to 3.5% from 2.5%
Uploading Date : 17-04-2017With the Hungary plant going on stream, Apollo Tyres plans to increase its market share to 3.5 per cent in the next two-three years from the current 2.5 per cent in Europe. And, it plans to start supplying to major brands, including Volkswagen and Mercedes-Benz. It also said the US would be its next stop for building brands................
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