If the GST rate is lower than 18 percent then the FinMin believes there’s a good chance of the Bill being passed in the Winter Session as the Oppostion won’t have any reason to stall it further.
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GST rate could be lower than 18%, say sources (23-11-2015)
GST rate could be lower than 18%, say sources (23-11-2015)
If the GST rate is lower than 18 percent then the FinMin believes there’s a good chance of the Bill being passed in the Winter Session as the Oppostion won’t have any reason to stall it further.
Analysts still cautious on Nestle despite MD’s new strategy (23-11-2015)
In an investor meet, Nestle said its strategy would entail fixing issues with current brands, renovating and extending existing brands into adjacent categories. The company would then explore newer categories depending on the opportunity, margin, differentiation. Volume growth is an important priority for management now.
Analysts still negative on Nestle despite MD’s new strategy (23-11-2015)
In an investor meet, Nestle said its strategy would entail fixing issues with current brands, renovating and extending existing brands into adjacent categories. The company would then explore newer categories depending on the opportunity, margin, differentiation. Volume growth is an important priority for management now.
Expect 14% loan growth by year end: Andhra Bank (23-11-2015)
While there is no relief in the steel projects, stalled projects in the power-sector assets are seeing resumption in activity, says SK Kalra, ED of Andhra Bank
Nifty holds 7850, rupee at 2-week low; ITC, Hindalco fall (23-11-2015)
Hero MotoCorp, Bajaj Auto, Dr Reddy’s Labs, BHEL and Lupin are top gainers while Hindalco, Vedanta, ITC, Tata Steel and Cipla are losers in the Sensex.
See FY16 rev growth to be 3% higher than FY15: Munjal Showa (23-11-2015)
Yogesh Munjal, MD of Munjal Showa, says in the fist half of this fiscal year, there was no demand for motorbikes from rural India. But it picked up in the festive season and the company is prepared for a good second half.
Vakrangee surges 15% on strategic alliance with Ricoh (23-11-2015)
“Through this alliance, Ricoh initially proposes to deploy multi-functional printers (MFPs) at various kendras located pan India,” it says in a statement to exchanges.
RBI’s Rajan wants cos to go bankrupt… and that’s good (23-11-2015)
The bankruptcy code has been a key reform pursued by Prime Minister Narendra Modi’s administration, which swept to power last year promising to change the country’s famously inhospitable climate for business.
Sensex, Nifty consolidate; Midcap, Smallcap outperform (23-11-2015)
Among midcaps, Vakrangee, Godfrey Phillip, Responsive Industries, SpiceJet and HSIL rallied 5-10 percent while Sun Pharma Advanced, Whirlpool, Page Industries, Max India and Bombay Dyeing fell 2-2.5 percent.