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01:00 Budget 2017 is a mix of tax breaks and tax hits: Find out whether you benefit or lose

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14:34 Trade setup for Tuesday: Top 10 things you should know before Opening Bell

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19:36 7/7 Pollsters Predict BJP Win in UP, AAP and Congress Neck-and-Neck in Punjab

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11:45 Mapping the market: Telecom stocks ring loudly, midcaps outperform

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16:27 Another 1.15 lakh cos in Mumbai may join GST portal soon

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01:01 Petrol, diesel delivered at your doorstep? Petro ministry looks to make it possible

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03:27 Amul and HUL slug it out in court over the TV commercial that derides HUL frozen desserts

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01:45 Wipro to let go 350-400 employees this fiscal

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Business

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  • Niti Aayog backs tax on agriculture income

    25 April, 2017 11:37 PM 11

    NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the tax base and prevent evasion. There is a view within the thinktank that the blanket relief on agricultural income was aimed at protecting farmers

  • GST to boost domestic manufacturing, won't up inflation: Hasmukh Adhia

    25 April, 2017 8:38 PM 19

    NEW DELHI: The government today said GST will not lead to inflation and rather make domestic goods competitive via-a-vis imported items. Revenue Secretary Hasmukh Adhia dismissed fears that GST implementation will lead to a spurt in prices, saying that unlike in other countries, the transition to the new tax regime would be smooth in India. He said several

  • Shareholder cheer: Wipro announces 1:1 bonus

    25 April, 2017 4:57 PM 17

    Wipro, the country’s No 3 IT services exporter, posted a consolidated net profit of ₹2,267 crore for the fourth quarter ended March 31, 2017, up 7.5 per cent on a sequential basis. The Bengaluru-based IT major announced on Tuesday that it had clocked revenues of $1.94 billion, an increase of 2.7 per cent sequentially with a 1.7 per cent QoQ growth in constant

  • S Chand and Company raises Rs 219 cr from anchor investors

    25 April, 2017 4:53 PM 19

    Leading text book publisher S Chand and Company today raised nearly Rs 219 crore from anchor investors, a day ahead of its initial public offering. The company has allotted little over 32 lakh shares at Rs 670 apiece to 15 anchor investors. Shares have been allotted to 15 anchor investors, including HSBC Global Investment Funds - Indian Equity, HDFC Trustee

  • Nucleus Q4 net profit jumps 57% to Rs 22.26 cr

    25 April, 2017 4:00 PM 19

    IT firm Nucleus Software today reported over 57 percent rise in consolidated net profit at Rs 22.26 crore for the fourth quarter ended March 31. The Noida-headquartered company had posted a net profit of Rs 14.12 crore in the year-ago period, it said in a BSE filing. The company's consolidated total income grew marginally per cent to Rs 93.69 crore during

  • GST will not bring major hike in tax burden: Official

    25 April, 2017 3:40 PM 20

    NEW DELHI: Prices will not increase due to higher incidence of tax and, instead, are likely to come down under the Goods and Services Tax (GST) regime, the central government said on Tuesday. "Almost 60 per cent of the income of the Centre and states comes from items that attract 14 per cent value added tax and 12.5 per cent excise duty. There will be a likely

  • IDFC Bank Q4 net up 7%; Sells ₹2,000 cr. NPA

    25 April, 2017 3:08 PM 15

    Private sector IDFC Bank reported a 7% increase in its net profit to ₹176 crore for the quarter ended March 31 the bank said on Tuesday. The bank sold ₹2,000 crore of gross non-performing assets to asset reconstruction companies during the quarter which helped it bring down the gross NPA ratio to 2.99% from 7.03%, as on December end. Rajiv Lall, MD and CEO, of the bank said those

  • VW unveils limited edition Polo GT Sport

    25 April, 2017 2:50 PM 12

    Volkswagen (VW) has introduced its limited edition Polo GT Sport. The car comes many exterior and interior updates, giving it a sporty and dynamic guise. The car will be available across both the variants of Polo GT at all VW dealerships in India.the company said Thierry Lespiaucq, MD, Volkswagen Groups Sales India, said, ,“Polo GT has been the first

  • In Q1, more than 50% employees to be locals in the US: Wipro

    25 April, 2017 2:34 PM 27

    BENGALURU: IT firm Wipro expects locals to constitute more than half of its workforce in the US by June as it continues to make "significant" investments in the American market amid tightening of visa norms. Much like its peers Tata Consultancy Services and Infosys, Wipro has been ramping up hiring of locals and setting up delivery centres in the US to ensure

  • Bring agriculture income under tax net, says NITI Aayog member

    25 April, 2017 2:09 PM 16

    New Delhi: NITI Aayog member Bibek Debroy on Tuesday made a strong case for removal of exemptions on personal income tax and bringing agriculture under the tax net with a view to increasing the resources of state. The effort, he said, would widen the tax base and more funds could be made available for the social sector schemes. "On the personal income