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7 January, 2019 7:10 AM D-Street Buzz: Metal stocks trade higher led by Tata Steel, Welspun Corp; ITC gains

Benchmark indices trimmed some of its morning gains with Sensex is trading higher by 250 points, while Nifty is around 10,800 level. ITC shares gained 1.5 percent intraday on Monday after global investment firm Macquarie maintained outperform call on the stock with a price target at Rs 376, implying 34 percent potential upside. Tata Motors, Axis Bank, Maruti 63

3 January, 2019 10:45 AM Finance Ministry allows businesses to claim GST input credit benefit for FY'18 till Mar 2019

The Finance Ministry has allowed businesses to claim input tax credit benefit for the first financial year of Goods and Services Tax roll out, till March 2019, provided it matches with the return filed by their suppliers. The deadline for claiming input tax credit (ITC) ended on October 25, 2018. Tax experts said that ITC claims were allowed to businesses 50

1 January, 2019 6:56 AM D-Street Buzz: FMCG index trades lower led by HUL, Britannia, Colgate; Kolte-Patil Developers up 13%

Benchmark indices continues to trade lower on Tuesday afternoon with Nifty is below 10,850 level. The Sensex is down 83.90 points or 0.23% at 35984.43, while Nifty down 24.50 points or 0.23% at 10838. HDFC Bank, Reliance Industries, HDFC, Infosys and ITC ae the negative contributors to the Sensex. Nifty PSU bank index was up 0.50 percent led by Bank of Baroda 63

24 December, 2018 2:43 AM Macquarie hikes target on ITC to Rs 376; sees recovery in volumes to aid earnings

Global research firm Macquarie has raised its target on ITC to Rs 376 from Rs 367. It has given it an outperform rating too. The brokerage highlighted that the company is winning back the market share in cigarettes, leading to a recovery in volumes. Further, analyst expect earnings recovery to continue with strong volume recovery. It has increased FY18-21 earnings 55

17 December, 2018 7:43 AM Renowned Classical Singer Pandit Arun Bhaduri Dies At 75

Renowned classical singer Pandit Arun Bhaduri passed away at a city hospital today morning after a prolonged illness. Renowned classical singer Pandit Arun Bhaduri passed away at a city hospital today morning after a prolonged illness, family sources said. He was 75 and is survived by wife and son. Pandit Bhaduri, considered to be one of the masters 60

4 December, 2018 7:05 AM GST refunds worth Rs 91,149 crores settled, Rs 6,053 crore being processed

In case of IGST refunds, about 95 percent of the total claims have been disposed. New Delhi: The Finance Ministry has said that GST refund claims worth Rs 91,149 crore has been issued so far to exporters by the Central Board of Indirect Taxes and Customs (CBIC), which are 93.77 per cent of total claims with the tax authorities. “Total GST refunds to the tune of Rs 91,149 crores 65

17 November, 2018 3:58 PM FMS Delhi summer placements 2018: Average stipend over Rs 1 lakh

The Faculty of Management Studies (FMS), Delhi, concluded its summer placements for the academic year 2018-20. The average student touches Rs 101,400, informed a release from the institute.  NEW DELHI: The Faculty of Management Studies (FMS), Delhi, concluded its summer placements for the academic year 2018-20. The average student touches Rs 101,400, informed 112

8 November, 2018 4:06 PM GST refunds of Rs 82,775 cr to exporters cleared; Rs 5,400 cr pending as on October 31

The finance ministry said that GST refund of Rs 82,775 crore to exporters has been cleared as on October 31, which is 93.8 percent of the total such claims with the tax authorities. In a statement, the ministry said Rs 5,400 crore worth GST refund is still pending with the government and that is being "expeditiously processed". "As on October 31, 2018, total 86

5 November, 2018 7:34 AM Eight of top-10 firms gain Rs 1.69 lakh crore in m-cap; TCS, SBI shine

New Delhi; Eight of the 10 most valued Indian firms together added Rs 1.69 lakh crore in market capitalisation last week, led by Tata Consultancy Services (TCS) and SBI. A strong broader market drove the market capitalisation (m-cap) of the eight blue-chip firms, including ICICI Bank, HDFC and RIL, higher by Rs 1,69,865.11 crore for the week ended Friday 77

31 October, 2018 6:00 PM Markets open marginally higher, Nifty regains 10,200

Asian stocks pulled away from 20-month lows on Wednesday. New Delhi: Markets opened tad higher on Wednesday with the NSE Nifty reclaiming 10,200. In early trade, the BSE Sensex jumped 97.21 points or 0.29 percent at 33,988.34. The NSE Nifty edged up 10.95 points or 0.11 percent at 10,209.35 . Tata Steel, Coal India, Bharti Airtel, PowerGrid, NTPC, IndusInd 90