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Article on August 07, 2017

Tata Steel Swings To Profit In First Quarter

Revenue in the quarter jumped 19 percent aided by increased capacity in India and Tata's restructuring efforts in Europe, Koushik Chatterjee, group executive director (Finance and Corporate), said

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Bollywood Lures Apple, Amazon And Netflix In Eros Library Sale

Global content streaming companies are jockeying to boost their Indian television, movie and music offerings in the world's fastest growing Internet services market

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Bharti Airtel Subsidiary Selling Stake In Bharti Infratel For Up To $400 Million

Nettle Infrastructure Investments Ltd, a subsidiary of Bharti Airtel, is selling the Infratel shares in a price range of Rs 378 to Rs 397.85 each

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Subsidy On LPG For Poor To Stay: Dharmendra Pradhan

Pradhan said the ministry has taken up with Bangladesh the laying of a pipeline to carry natural gas from Chittagong to Tripura to tackle the LPG crisis in the North-East

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Securitisation Market Volume Clips Past $1.02 Trillion In FY17

The volume of direct assignments (direct sale of loans by originators - mostly by non-banking finance companies - to banks) saw a flattish growth of 6.8 per cent to Rs 47,700 crore

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‘India Lagging Behind In Investment In Tech In Insurance Industry’

With increasing smartphone penetration and internet access, insurance companies will need to strategically adopt the technological infrastructure required to launch products that meet customer needs

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New GST Rates To Affect Future Expansion Plans In India: Mercedes-Benz

The GST Council, on Monday (7 August), has hiked cess rates on sports utility vehicles (SUVs), mid-sized, large and luxury cars to 25 per cent from previous 15 per cent

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Demonetisation Effect: ITR Filings For 2016-17 Grow 25% To Rs 2.82 Crore

The growth in ITRs filed by Individuals is 25.3 per cent with over 2.79 crore returns having been received up to August 5 as against over 2.22 crore returns filed in the corresponding period last fiscal

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Government May Impose Anti-Dumping Duty On Certain Chinese Tyres

Automotive Tyre Manufacturers' Association (ATMA) had filed an application on behalf of Apollo Tyres, J K Tyre Industries and Ceat Ltd for initiation of anti-dumping investigation

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Lighting & Appliances Growth Drivers For Eveready: Amritanshu Khaitan

Within this fiscal the company would finalise the understanding with McLeod Russel India as a strategic partner for the packet tea business which required special focus

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