union budget

 

Govt identifies 4 RRBs for IPOs; public issue likely this year

Apr 30 2018

The government has identified 4 Regional Rural Banks (RRBs) for listing on stock exchanges in line with the Union Budget 2018-19.

Audi India sees flat sales in 2018 following duty hike

Apr 20 2018

Audi, which had looked at a double-digit growth this year, is now expecting that sales will be flat in 2018, following an increase in cess and hike of customs duty.

Pension from ex-employers eligible for Rs 40k standard deduction

Apr 05 2018

Taxpayers who receive pension from their former employers are eligible to claim standard deduction of Rs 40,000, Income Tax department said.

Cong stalling Parl fearing discussions on welfare schemes: Shah

Mar 24 2018

Shah alleged that Cong running away discussing the Central govt's major budget announcements on health insurance scheme and steps taken up by it for welfare of farmers.

Import duty on TV panel part halved to 5 pc, to encourage LCD/LED mfg

Mar 24 2018

The govt has halved customs duty on 'open cell' used in the manufacturing of LCD and LED television panels to 5 percent, a move intended to boost domestic manufacturing.

Budget passed without discussion in LS as protests continue

Mar 14 2018

The govt got the Budget for fiscal year beginning Apr 1 passed in Lok Sabha without discussion by applying the guillotine process.

Skoda to hike prices by up to Rs 35,000 from March

Feb 21 2018

Skoda said it will increase prices across its entire model range by up to Rs 35,000 from March 1 to pass on the impact of custom duties announced in the Union budget.

NHPS to initially cost under Rs 12,000 cr per annum: Report

Feb 20 2018

With the debate on the fiscal burden of the NHPS continuing, a report has pegged the cost of the new healthcare plan under Rs 12,000 crore per annum.

Budget positive for gold industry: World Gold Council

Feb 16 2018

"For example, the Bureau of Indian Standards is working on regulatory guidelines to make hallmarking mandatory," the report said.

India's fiscal deficit target of 3.3% of GDP welcomed by IMF

Feb 16 2018

The IMF has welcomed the fiscal deficit target set by India in its annual budget and noted that the country is returning to the path of gradual fiscal consolidation.

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Global Markets

 

Stocks In News

 

ICICI BANK

Minority investors divided over changes at ICICI bank

Fund managers seek clarity on governance & leadership for investment decisions

Kochhar's fully paid leave raises questions

Proxy advisory firm raises questions on remuneration

Mint Report

IIFL

Will issue 5.1% equity shares worth Rs 746 Cr to investors, priced at Rs 1,661/sh

IIFL's wealth management business valued at Rs 14,600 Cr

Investors include Amansa holdings, General Atlantic Singapore & HDFC Standard Life

CIPLA

Gets final USFDA approval for Generic Sustiva

U.S. Sales stood at approximately $105 Mn in a 12 month period, ending in April 2018

KANSAI NEROLAC

Nerolac to enter share purchase agreement with RAK paints in Bangladesh

Will acquire 55% paid up equity share capital in RAK paints for Rs 45.8 Cr

Acquisition to be complete by 31st July 2018

UPL

UPL consortium said to be in talks to buy platform's agri pesticide unit Arysta Lifescience

UPL to team up with Abu Dhabi investment authority for Arysta Lifescience

UPL group's talks for Arysta Lifescience unit said to be in advanced stages

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