Shares of Reliance Industries ended over 1 per cent higher and hit a nine-year high on Tuesday, adding Rs 5,242 crore to its market valuation, after the company reported a record fourth-quarter net profit of Rs 8,046 crore..................
See full articleIndian Bank has reported a 278.39 per cent growth in net profit for the quarter ended March 31, 2017, to Rs 319.40 crore, compared with Rs 84.49 crore in the year-ago period...........
See full articleJSW Holdings, the investment arm of JSW Group, on Monday reported 17.7 per cent rise in standalone net profit to Rs 7.16 crore for the quarter ended March 31, 2016. The firm had clocked a net profit of Rs 6.08 crore in the year-ago period...............
See full articleShares 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................
See full articleIndia’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................
See full articleHinduja 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.............
See full articleFuture 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..............
See full articleIndia'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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