The 7th Pay Commission yesterday recommended increase in remuneration of about one crore government employees and pensioners which is estimated to impose an additional burden of Rs 1.02 lakh crore in 2016-17.
Posts tagged MC
Hold Jindal Saw; target of Rs. 60: ICICI Direct (20-11-2015)
ICICI Direct has recommended a hold rating on the stock with a target of Rs 60 in its November 20, 2015 research report.
Neutral on KEI Industries: Way2Wealth (20-11-2015)
Way2Wealth is bullish on KEI Industries and has recommended neutral rating on the stock in its November 20, 2015 research report.
Hold Pitti Laminations; target of Rs. 50: ICICI Direct (20-11-2015)
ICICI Direct has recommended a hold rating on the stock with a target of Rs 50 in its November 19, 2015 research report
Adani Ports, Asian Paints to be added in Sensex on Dec 21 (20-11-2015)
In BSE 100, Britannia Industries, Bharti Infratel and Motherson Sumi Systems will replace NHPC, Jaiprakash Associates and Unitech.
Cos set to lose tax gains; CBDT to end corp tax exemptions (20-11-2015)
The CBDT has also said it will not make any modifications to sunset date in income tax and there will be no weighted tax deduction from FY18
Sensex, Nifty end rollercoaster ride in green; GAIL up 10% (20-11-2015)
For the week, the Sensex and Nifty gained 1 percent each, especially driven by global rally post FOMC minutes that indicates likely hike in Fed rates in December.
Buy Zydus Wellness; target of Rs 930: Firstcall Research (20-11-2015)
Firstcall Research is bullish on Zydus Wellness and has recommended buy rating on the stock with a target of Rs 930 in its November 19, 2015 research report.
Buy Vivimed Labs; target of Rs 443: Karvy (20-11-2015)
Karvy is bullish on Vivimed Labs and has recommended buy rating on the stock with a target of Rs 443 in its November 20, 2015 research report.
7800 a strong bottom; bullish on auto ancillaries: Experts (20-11-2015)
Market expert Anand Tandon believes the market is seeing good kind of volatility. He, however, says: “I fail to understand why the market is rising, other than policy moves, there is no sign of revival as far as corporate earnings are concerned. Maybe the market was oversold and hence is climbing now.”