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61-70 results from 498 for query «essar»

11 November, 2016 7:19 AM SC upholds constitutional validity of state imposed entry tax on goods

The Supreme Court says the state governments have right to levy entry tax on goods entering their area New Delhi: The Supreme Court on Friday upheld the constitutional validity of levy of entry tax imposed by state governments on the movement of goods from one state to the other. In a 7:2 majority verdict, it was held that imposing entry tax was not violative 233

7 November, 2016 4:21 AM It’s Narendrabhai’s Gujarat, pressure bound to be there on CM: Vijay Rupani

Congress-led UPA created hurdles after every Vibrant Gujarat summit. Tax notices were issued without reason on some companies that signed MoUs at the event. The opposition did that to prevent credit going to Narendrabhai. In 2014, the BJP government in the Centre had just settled in when Vibrant Gujarat happened. But this time, the Centre is properly 287

25 October, 2016 9:08 AM Further rerating of the asset classes unlikely: Sanjeev Prasad, Kotak Institutional Equities

Let us start off with what is arguably the biggest corporate news. This restructuring, does it have a lasting impact on some of the Tata Group companies or is it difficult to really make a prediction on that right now? It depends on what Mr Mistry wanted to achieve in terms of the structure of the group 5-10 years down the line versus what the new Chairman 122

22 October, 2016 12:07 PM MP to become India’s supply hub post GST roll out: Jaitley

Strategically located at the centre of India, Madhya Pradesh (MP), would become the country’s supply hub post the roll out of Goods & Services Tax (GST), Finance Minister Arun Jaitley said on Saturday. He was speaking at the two-day 5th Global Investors Summit (GIS) organised by the Madhya Pradesh Government here. “Hopefully next year with the implementation 130

20 October, 2016 8:46 PM RIL standalone PAT at Rs 7,704 crore, beats estimates

But consolidated PAT down 23%, as last year's profit includes exceptional income of Rs 4,310 cr Reliance Industries Ltd surprised the street with a record standalone net profit of Rs 7,704 crore for the quarter ending September 2016 (Q2 FY17), 17.9 per cent higher from the Rs 6,534 crore profit after tax (PAT) reported in the same period a year back. Bloomberg 199

19 October, 2016 4:32 AM Sensex hovers around 28,000; Endurance Technologies zooms 26%

Financials witnessed profit taking after sharp gains in the previous session Markets continued to trade with marginal losses in late morning deals weighed down by profit taking in financials post the sharp gains in the previous session. Foreign institutional investors were net buyers in equities worth Rs 345 crore on Tuesday, as per provisional stock 280

18 October, 2016 5:08 PM Russia’s UCP may sell Essar stake within 5 years

Russian private investment group United Capital Partners (UCP), which is teaming up with oil giant Rosneft to buy India’s Essar Oil in a $12.9 billion deal, said it may sell its stake within five years. The purchase of Essar Oil, by Russia’s state-owned Rosneft and a consortium of UCP and global oil trader Trafigura, will be the biggest foreign acquisition 176

18 October, 2016 11:22 AM Sensex up 521 pts on short covering, global mkts; ICICI zooms 5%

Bulls staged a strong comeback on Tuesday as GST council meet kick started. The Sensex surged more than 500 points to surpass psychological 28000-mark, driven by global cues. Short covering and value buying in index heavyweights also boosted the market. The 30-share BSE Sensex was up 520.91 points or 1.89 percent at 28050.88 and the 50-share NSE Nifty 211

18 October, 2016 10:38 AM GST, oil, midcaps: Why Sensex ended 521 points higher today

ICICI Bank extended yesterday gains, rising over 11% in two trading sessions Benchmark share indices ended higher on Tuesday, amid firm global cues, after index heavyweights staged a recovery on short covering while financials rallied after ICICI Bank extended gains for the second straight session. Anand James, Chief Market Strategist, Geojit BNP Paribas 121

18 October, 2016 5:26 AM Nifty holds 8,550 amid rangebound trade; ICICI Bank up 1.5%

Index heavyweights were among the top gainers along with ICICI Bank Benchmark share indices remained rangebound in late morning trades with index heavweights leading the gains and banks. Index heavyweights firmed up on shortcovering after the correction in the previous sessions. HDFC, Reliance Industries and Infosys were up over 1%-2% each. ICICI Bank was up over 1.4%. The stock 137