tax reforms

 

Bank of Canada hikes rates, says accommodation still needed

Jan 17 2018

The Bank of Canada raised interest rates, as expected, but said that while more rate hikes are probably warranted.

Ficci urges govt to bring down corporate tax to 28% in Budget

Jan 04 2018

Industry body Ficci urged the government to lower the corporate tax rate to 28 percent from 30 percent in the forthcoming Budget.

Goldman Sachs loses on tax swings, gains on roundabouts

Dec 30 2017

Goldman Sachs is going to lose on the swings but gain on the roundabouts as a result of President Donald Trump’s tax reforms.

Gold down but lingers near three-week high amid US tax concerns

Nov 10 2017

Gold eased on a firmer dollar but uncertainty over U.S. tax reforms helped prices stay close to a three-week high touched in the previous session.

Asian Stocks slip as US tax doubts snap global winning streak

Nov 10 2017

Asian shares slipped on uncertainty about US tax reforms after Senate Republicans unveiled a plan that differed from the House of Representatives’ version.

Trump, key Republican US senator spar ahead of tax meeting

Oct 24 2017

A Republican senator called Donald Trump “utterly untruthful” in an exchange of insults on Twitter hours ahead of tax meeting.

US pursues 3% growth via tax reforms, regulatory relief

Apr 23 2017

The Trump administration is pursuing over 3 per cent economic growth with the support of tax reforms and regulatory relief, US Treasury Secretary Steven Mnuchin has said.

Australian PM lauds Modi govt's 'ambitious' tax reforms

Apr 12 2017

Australian Prime Minister Malcolm Turnbull today lauded the "ambitious" reform agenda of the Modi government, especially on taxation.

Wall Street off as Trump agenda weighed; Dow down for eighth day

Mar 28 2017

With stocks soaring to record highs after Trump's election, investors are concerned about the fate of his economic plan, including tax reform and infrastructure spending.

With healthcare bill dead, Republicans turn to taxes

Mar 25 2017

Republicans in the U.S. Congress quickly pivoted on Friday to President Donald Trump's next priority: overhauling the federal tax code

Indian Markets

 
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  • NIFTY

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Global Markets

 

Stocks In News

 

ADANI TRANSMISSION Q3

Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x

Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x

EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x

EBITDA margins at Rs 95% vs 93.5%

PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x

All results are Consol & comparable YoY

DCB BANK Q3 REVIEW

PAT at Rs 57 Cr vs 51 Cr up 11.8%

NII at Rs 250 Cr vs 209 Cr up 19.6%

Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%

Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%

Net Interest Margin at 4.12% vs 3.95% YoY

All results are comparable YoY

TATA SPONGE Q3 REVIEW

Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr

EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr

EBITDA Margin at 27.9% V 12.3%

Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr

Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr

All figures are standalone and comparable YoY

THIRUMALAI CHEMICALS Q3 REVIEW

Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr

EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr

EBITDA Margin at 27.5% vs 16.4%

Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr

All figures are comparable YoY

SREI INFRA Q3 REVIEW

AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%

Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%

Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%

Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%

PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%

All results are comparable YoY

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