FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementationfrom Moneycontrol Business News https://ift.tt/2RKBNzY
Friday, January 31, 2020
Income Tax Budget 2020 LIVE Updates: FM Sitharaman says To set up 9,000km eco corridor, 2,000km of coastal road
FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementationfrom Moneycontrol Business News https://ift.tt/2RKBNzY
Income Tax Budget 2020 LIVE Updates: FM Sitharaman says Tax on medical devices to be used to fund hospital dvpt
FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementationfrom Moneycontrol Business News https://ift.tt/2uQeLyw
Budget 2020 LIVE updates: Sensex, Nifty turn cautious
FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementationfrom Moneycontrol Business News https://ift.tt/2tiG8AZ
Maruti Suzuki Jan sales increases 1.6%, beat estimates
Passenger car sales increased 9 percent to 1.11 lakh units year-on-year in January 2019.from Moneycontrol Business News https://ift.tt/2GJli0Q
Canara Bank MD, CEO R A Sankara Narayanan retires
"RA Sankara Narayanan, Managing Director CEO of the Bank has retired from the services of the Bank on 31st January 2020, on his attaining the age of superannuation," Canara Bank said in a filing to BSE.from Moneycontrol Business News https://ift.tt/2GHO5mf
Income Tax Budget 2020 LIVE Updates: FM Sitharaman says 60 lakh new tax payers added in 4 years of GST
FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementationfrom Moneycontrol Business News https://ift.tt/38YKXyC
Budget 2020 LIVE updates: Nifty above 12,000; Bank Nifty turns positive
FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementationfrom Moneycontrol Business News https://ift.tt/31cI0Ym
January sales at 3,130 units, February numbers may be hit by coronavirus disruption: MG Motor
Commenting on January sales performance, MG Motor India Chief Commercial Officer Gaurav Gupta said, "The robust sales momentum of our first offering, the Hector, has been very encouraging."from Moneycontrol Business News https://ift.tt/2OhBpGZ
IHCL adds 24 hotels to portfolio so far this fiscal: CEO
"So far in the current fiscal, we have signed 24 hotels with an inventory of over 2,800 keys. We will be signing a few more this quarter taking the total to more than last year#39;s numbers.from Moneycontrol Business News https://ift.tt/37Y8Oyp
Income Tax Budget 2020 LIVE Updates: Expectations are high that Finance Minister Nirmala Sitharaman will rejig personal taxes
Union Budget 2020 has announced Income Tax cuts. Track this LIVE blog for the latest developments through the dayfrom Moneycontrol Business News https://ift.tt/36MJOJ1
Budget 2020 LIVE updates: Cabinet meeting underway to approve Budget
Union Budget 2020-21 Latest Updates: Track this LIVE blog for the latest developments through the dayfrom Moneycontrol Business News https://ift.tt/2vALjwJ
Escorts January sales almost in-line with estimates, rise 1.2%
Domestic tractor sales in January grew by 1.4 percent to 5,845 units, but exports declined 4.8 percent YoY to 218 units during the month.from Moneycontrol Business News https://ift.tt/37OSUGh
Economic Survey 2020: How much does it translate into actionable ideas?
Authored by Chief Economic Adviser Krishnamurthy Subramanian and his team, the Survey serves as the official report of the economy and as a policy guide. The government is not bound to follow these recommendations.from Moneycontrol Business News https://ift.tt/2UdOLHV
Budget 2020: Bahi khata is back as FM Nirmala Sitharaman leaves North Block
In 2019, Sitharaman gave an Indian touch to the Budgetary exercise, by carrying the Budget documents to Parliament in ‘bahi-khata’.from Moneycontrol Business News https://ift.tt/2OgiufN
Budget 2020 LIVE updates: Copies of budget brought to Parliament
Union Budget 2020-21 Latest Updates: Track this LIVE blog for the latest developments through the dayfrom Moneycontrol Business News https://ift.tt/36NTXVN
Budget 2020: Why markets remain open on Budget days
Despite being a Saturday, the National Stock Exchange (NSE) and BSE will remain open for tradingfrom Moneycontrol Business News https://ift.tt/31kL44P
Budget 2020 LIVE updates: Sensex, Nifty fall 0.48% each; Bank Nifty trades below 100-DMA
Union Budget 2020-21 Latest Updates: Track this LIVE blog for the latest developments through the dayfrom Moneycontrol Business News https://ift.tt/2RMuxU8
Podcast: What may move your market today
Tune in! Your daily digest of market news, views and cues.
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Budget 2020 | State spend on infra, tax incentives likely to push growth
FInance Minister Nirmala Sitharaman is expected to announce plans to spend over Rs 102 trillion on roads, ports, airports, irrigation and other infrastructure over the next five years.from Moneycontrol Business News https://www.moneycontrol.com/news/business/budget-2020-|-state-spendinfra-tax-incentives-likely-to-push-growth_13438961.html
Coronavirus Outbreak: Here is a look at the likely impact on companies
Various businesses across sectors have felt the impact of the coronavirus. Here are a few:from Moneycontrol Business News https://ift.tt/2S8SPqs
Budget 2020 LIVE updates: FM Nirmala Sitharaman arrives at the Ministry of Finance
Track this space for the latest developments on the Union Budget 2020.from Moneycontrol Business News https://ift.tt/2OhfvDK
Budget 2020 LIVE updates: 69% Indians want tax-free income limit raised to Rs 5 lakh, finds survey
Track this space for the latest developments on the Union Budget 2020.from Moneycontrol Business News https://ift.tt/2Ohhace
Budget 2020 LIVE: FM Sitharaman to present budget speech at 11am
Track this space for the latest developments on the Union Budget 2020.from Moneycontrol Business News https://ift.tt/2RJZ2di
Budget 2020 | Here#39;s what Aam Aadmi, industry and market are seeking from FM Nirmala Sitharaman
The aam aadmi is seeking reduction in the personal income tax rates, rejig of existing tax slabs, and raising the minimum personal income tax exemption limit from the current Rs 2.5 lakhfrom Moneycontrol Business News https://www.moneycontrol.com/news/business/budget-2020-|-here39saam-aadmi-industrymarketseekingfm-nirmala-sitharaman_13432961.html
Economic Survey 2020 LIVE: "synthesis of old new", says CEA Krishnamurthy V Subramanian presenting document
Economic Survey projects GDP growth rate for FY21 at 6-6.5 percent. FY20 GDP seen at 5 percent.from Moneycontrol Business News https://www.moneycontrol.com/news/business/economic-survey-2020-live-"synthesisoldnew"-says-cea-krishnamurthy-v-subramanian-presenting-document_13430581.html
Vedanta implementing resolution plan for acquisition of FACOR
In a regulatory filing the company said, the consideration for the acquisition is in the form of "upfront cash and non-convertible debentures which will mature in four equal instalments over a period of four years" whereby management control of FACOR will be taken by the company.from Moneycontrol Business News https://ift.tt/2uMe3Co
Economic Survey 2020 LIVE: FM Sitharaman tables Economic Survey in Parliament, FY21 GDP growth estimated at 6-6.5%
Economic Survey projects GDP growth rate for FY21 at 6-6.5 percent. FY20 GDP seen at 5 percent.from Moneycontrol Business News https://ift.tt/319yCEY
Thursday, January 30, 2020
BHEL, EESL sign pact to develop public charging infrastructure for e-mobility
"BHEL has signed a memorandum of understanding (MoU) with Energy Efficiency Services Ltd (EESL)," the state-owned firm informed stock exchanges.from Moneycontrol Business News https://ift.tt/37LDbYz
Low rollover seen ahead of Budget; Nifty rollovers at 66.30% for Feb series
Union Budget during the weekend might be a reason behind low rollover and fresh positions are likely to build post-event.from Moneycontrol Market Outlook https://ift.tt/2U8FO2J
Budget 2020: Ease in GST refunds could be a big boost for MSMEs
There has been irregularity from the GST committee in getting GST refunds on timefrom Moneycontrol Business News https://ift.tt/2uS60DW
Voltas’ non-AC ventures may overtake AC business in five years: MD CEO
The company has set up a 60-acre facility in Sanand, Gujarat for manufacturing appliances under the #39;Voltas Beko#39; brandfrom Moneycontrol Business News https://www.moneycontrol.com/news/business/voltas’-non-ac-ventures-may-overtake-ac-businessfive-years-mdceo_13432981.html
Budget 2020 | Here what Aam Aadmi, industry and market is seeking from FM Nirmala Sitharaman
The aam aadmi is seeking reduction in the personal income tax rates, rejig of existing tax slabs, and raising the minimum personal income tax exemption limit from the current Rs 2.5 lakhfrom Moneycontrol Business News https://www.moneycontrol.com/news/business/budget-2020-|-hereaam-aadmi-industrymarket-is-seekingfm-nirmala-sitharaman_13432961.html
Economic Survey 2020 LIVE: Congress MPs shout "Shame" as President lauds CAA
Commentary on topics such as GDP growth, job growth and GST collection is expected in the Economic Survey 2020from Moneycontrol Business News https://www.moneycontrol.com/news/business/economic-survey-2020-live-congress-mps-shout-"shame"-as-president-lauds-caa_13430581.html
What will make D-Street happy? 6 widely expected announcements from the finance minister
Budgets have lately become a non-event except for media and economists and its effect is worn off 2-3 days post the event, but stock-specific action could continue.from Moneycontrol Market Outlook https://ift.tt/3aXeR7Y
Majesco to acquire InsPro Technologies for $12 mn
The transaction, which is expected to close in April 2020, is structured as a cash for stock merger and is subject to customary closing conditions, including InsPro Technologies#39; stockholder approval, Majesco said in a filing to BSE.from Moneycontrol Business News https://ift.tt/36HIPJR
Exclusive | LT revives plans to sell MF business; ropes in JP Morgan as advisor
The move is part of LT#39;s drive for the past few years to monetise its non-core segments and businesses and become a leaner and meaner conglomeratefrom Moneycontrol Business News https://www.moneycontrol.com/news/business/exclusive-|-lt-revives-plans-to-sell-mf-business-ropesjp-morgan-as-advisor_13431301.html
Two-day PSU bank strike impacts services
Many banks, including State Bank of India (SBI), had informed customers in advance that operations may be impacted to some extent due to the strike.from Moneycontrol Business News https://ift.tt/38RpIyw
Unilever puts global tea business under review, including Lipton and PG Tips
Unilever said the review was triggered by the sales slowdown of traditional black tea in developed markets as consumers shift towards herbal tea.from Moneycontrol Business News https://ift.tt/36OdNQQ
Unit-1 of NTPC#39;s Khargone Super Thermal Power Station to start from February 1
"We wish to inform that unit-1 of 660 megawatt (mw) of Khargone Super Thermal Power Station (2x660 mw) is hereby declared on commercial operation with effect from 00:00 hrs of 01.02.2020," the PSU said in a regulatory filing.from Moneycontrol Business News https://ift.tt/36EEjvH
Economic Survey 2020 LIVE: My government taking strong steps his decade is key to India#39;s growth, says President Kovind
Commentary on topics such as GDP growth, job growth and GST collection is expected in the Economic Survey 2020from Moneycontrol Business News https://ift.tt/2uO0J0t
Bharti Airtel says its name removed from DGFT blacklist
The company said its has now been removed from the denied entry list, after it highlighted the relevant details and documents submitted to the Directorate General of Foreign Trade (DGFT).from Moneycontrol Business News https://ift.tt/38V8r7H
Economic Survey 2020 LIVE: Budget session to lay strong foundation, says PM Modi
Commentary on topics such as GDP growth, job growth and GST collection is expected in the Economic Survey 2020from Moneycontrol Business News https://ift.tt/36L5ZPw
Economic Survey 2020 LIVE: Document likely to highlight banking sector reforms
Commentary on topics such as GDP growth, job growth and GST collection is expected in the Economic Survey 2020from Moneycontrol Business News https://ift.tt/3aXYeJu
Economic Survey 2020 LIVE: Presentation to be held after President#39;s speech Finance Commission Report
Commentary on topics such as GDP growth, job growth and GST collection is expected in the Economic Survey 2020from Moneycontrol Business News https://ift.tt/36JjCyT
Wipro CEO Abidali Neemuchwala steps down, co looking for a successor
Neemuchwala will continue to hold the office of CEO and MD until a successor is appointed, the company added.from Moneycontrol Business News https://ift.tt/36Jtybz
Podcast: What might shake & move your market
Listen in! Your daily digest of market news, views and cues.
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Orient Green Power Q3 loss narrows to Rs 39.68cr
The board of directors of the company also approved reduction of face value of its equity share of Rs 10 each to Rs 5 each by reducing the share capital from Rs 7,507,239,770 to Rs 3,753,619,885.from Moneycontrol Business News https://ift.tt/2S0jc1M
Fuel price today: Petrol prices fall to Rs 78.97/litre in Mumbai, diesel at Rs 69.56
After a brief pause, oil prices have declined yet again on the back of the fear of the potential economic impact of the novel coronavirus outbreak in the Chinese city of Wuhan.from Moneycontrol Business News https://ift.tt/31hk5Hz
Blue Star Q3 net profit at Rs 19.58 crore
Revenue from operations during the period under review stood at Rs 1,235.91 as against Rs 1,098.97 crore in the corresponding period last fiscal, the company added.from Moneycontrol Business News https://ift.tt/38Ten0K
Infosys signs multi-million contract with ABN AMRO
As part of this renewed contract, the Bengaluru- headquartered IT major will enable ABN AMRO Bank to achieve its business and operational goals by aligning its IT transformation with its cloud platform strategy, an Infosys statement said.from Moneycontrol Business News https://ift.tt/2OcijSC
Companies from coronavirus-hit China take up 20% of space in India’s biggest auto parts event
Chinese companies make up more than 20 percent of the total number of confirmed participants for the Components Expo. It was not immediately known if any of these companies are based in Wuhan, the Chinese city that was declared as the epicenter of the coronavirus.from Moneycontrol Business News https://www.moneycontrol.com/news/business/companiescoronavirus-hit-china-take20spaceindia’s-biggest-auto-parts-event_13428501.html
Budget 2020: External investors keen to see roadmap for $5-trn GDP, says top UK official
What overseas investors would like to see in the budget is a narrative which explains or articulates the target, said Richard Heald, Group CEO, UK India Business Councilfrom Moneycontrol Business News https://ift.tt/2Oex7Ae
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