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BusinessToday.In
New Delhi, January 17, 2020
The telecom arm of Reliance Industries posted standalone net profit of Rs 1,350 crore during the quarter under review, as opposed to Rs 831 crore during the year-ago period


Dipak Mondal
January 17, 2020
The government estimates a revenue loss of Rs 75,000 crore due to Section 80-C exemptions in 2018-19, up from a revenue loss of Rs 65,000 crore in 2017-18


BusinessToday.In
New Delhi, January 17, 2020
HCL revises its revenue growth outlook to 16.5-17 per cent for 2019-20 from its previous forecast of 15-17 per cent topline growth in constant currency terms


BusinessToday.In
January 17, 2020
Share Market Update: Shares of Reliance Industries (RIL), TCS and HCL Tech were trading higher ahead of their quarterly earnings, scheduled for release later in the day.


Prasanna Mohanty
January 15, 2020
The Central government would do well to spend more, keeping fiscal consolidation aside when consumption demand is depressed and unemployment is high, leading to a fall in industrial production, profits and investments.Part I of this two-part series looks at the ground realities from a policy perspective and solutions that always existed but received inadequate attention of policymakers


Joe C Mathew
New Delhi, January 15, 2020
In its pre-budget recommendations, Assocham suggested a set of focussed measures to revive growth in labour intensive sectors such as tourism, textiles and housing


Rajat Mohan
January 15, 2020
If in the current situation the government does not cut welfare spending or increases taxes, it would need to increase borrowing to inject cash into the market


Joe C Mathew
January 14, 2020
The association also called for exemption of long-term capital gains on securities held for one or more years and changes in dividend distribution tax (DDT) to stop double taxation


BusinessToday.In
January 14, 2020
Stocks to watch today January 15: Wipro, Mindtree, Indiabulls Housing Finance, Canara Bank, Larsen & Toubro Infotech among others are the top stocks to watch out for Wednesday's trading session


BusinessToday.In
January 14, 2020
Share Market Update: BSE Sensex climbed to the intraday as well as its lifetime high of 41,994.26 and Nifty breached earlier 12,337 level to hit 12,374.25 as its fresh all-time high.


Anand Adhikari
January 13, 2020
The last two debt issues by the Mumbai-headquartered HDFC sold like hot cakes thanks to big money on the table by a single investor. The private sector bank Axis Bank emerged as the largest investor in the two debt issues by the HDFC over the last one month


BusinessToday.In
January 13, 2020
About 24% of the NPA exposure was sampled from the central Repository of Information on Large Credits (CRILC). The study published in RBI's latest bulletin found that these (24%) defaulters had just about managed a safe credit rating


PTI
January 13, 2020
The Modi government, after storming to power in 2014, had approved a formula to price domestically produced gas at the average rate prevailing in gas exporting countries such as the US, UK, Canada, and Russia


PTI
January 12, 2020
In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encourage electric mobility


PTI
New Delhi, January 12, 2020
India $5 trillion economy: India's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors


BusinessToday.In
New Delhi, January 10, 2020
Infosys Q3 FY20: Sharekhan expects Infosys to report 4.5 per cent QoQ and 3.5 per cent YoY growth in its net profit at Rs 4,201 crore and 8.3 per cent (2.4 per cent QoQ) sales growth at Rs 23,166 crore


BusinessToday.In
January 10, 2020
Share Market Update: In terms of sector, except private banking, all the other indices traded higher today, with metal and realty indices gaining 1% each.


Rajat Mohan
January 9, 2020
The government policy with reference to direct taxes in the medium term is to phase out tax incentives, deductions, and exemptions while simultaneously rationalising the rate of taxes


Goutam Das
New Delhi, January 8, 2020
According to property consultant firm ANAROCK, about 5.76 lakh units, launched in 2013 or before across budget segments, are stuck in various stages of non-completion in the top seven Indian cities


BusinessToday.In
New Delhi, January 8, 2020
HDFC CEO Keki Mistry said the revival of the real estate sector depends a lot on banks, which are reluctant to lend to stalled projects due to regulatory issues


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