Government hikes sugar import tax
The government of India has raised the import tax on sugar to 40 per cent from 25 per cent boost the falling local prices and...
Category : Latest News
Motherson has bagged big set of orders from British auto mobile manufacturer
The auto ancillary company Motherson Sumi Systems has bagged biggest ever orders for the supply of exterior and interior systems for Mercedes-Benz from the British...
21 banks has reduced the lending rates after RBI rate cut: Jayant Sinha
There are 21 banks including four public sector players which have reduced their base rate or the minimum lending rate in the range of 0.1-0.5...
Reliance Power has terminated 3,960 MW Tilaiya ultra mega power project
Reliance power said today that because of the inordinate delays in land acquisition, it has terminated the contract of Rs 36,000 crore Tilaiya ultra mega...
Kwality,the dairy product firm aims to set up a plant worth Rs 100 crore in Jharkhand
On Monaday the dairy product firm Kwality Ltd said that it will set up a plant worth Rs 100 crore in Jharkhand. The company for...
Shree Cement has acquired Jaypee Cement unit for Rs 358 Crore
Shree Cement has acquired a cement grinding unit of Jaiprakash Associates for Rs 358.22 crore. On Monday, in a BSE filing, the company Shree Cement...
Reliance Communications raises $300 million through overseas debt
Reliance Communications, the fourth largest telecom operator has raised USD 300 million from global investors by selling 5.5 year dollar debt at 6.5%. “The company...
Air India closes down some foreign, local offices to cut costs
The government said that for the purpose of cost cutting, Air India is reducing the the number of its foreign and local offices and has...
ICICI Bank reports 10% rise in Q4 profit, assets quality has worsened
On Monday the ICICI Bank has reported 10.2% profit rise year-on-year to Rs 2,922 crore in the quarter ended March 2015. “Net interest margin improved...
Our taxation policy has to be non-adversarial : FM Arun Jaitely
The Finance Minister Arun Jaitely made it clear that the retrospective tax will not be imposed and that the taxation policy has to be “non-adversarial”. “Our Taxation...
