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FMCG companies scaled back growth-oriented investments and shifted focus to sustaining profits all at the cost of the top line.

GST 100 days: FMCG cos give thumbs up, say demand picking up

Most FMCG firms were hit by de-stocking by channel partners ahead of implementation of the GST.

8 Oct 2017 12:08 PM IST

Exporters' pending GST refunds to be cleared in 2 months: Adhia

Over July-August, an estimated Rs 67,000 crore has accumulated as the Integrated GST (IGST).

8 Oct 2017 12:00 PM IST

Exporters' pending GST refunds to be cleared in 2 months: Adhia

Over July-August, an estimated Rs 67,000 crore has accumulated as the Integrated GST (IGST).

8 Oct 2017 12:00 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs pour Rs 5,000 crore in debt markets in just 4 trading sessions

FPIs invested a net sum of Rs 4,886 crore (USD 747 million) in debt markets during October 3-6.

8 Oct 2017 11:50 AM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

GST, demonetisation having desired impact: Arun Jaitley

Demonetisation and GST are having desired impact in terms of tax compliances and squeezing quantum of cash in economy.

8 Oct 2017 11:42 AM IST

Industrial output or IIP rose 1.2 per cent in July. Photo: PTI

TCS results, IIP, inflation data to steer market this week

Inflation numbers and upcoming earning season should keep investment optimism measured.

8 Oct 2017 11:41 AM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

CRZ nod to ONGC's Rs 266 crore desalination plant in Maharashtra

Proposal is to set up a seawater desalination plant with a capacity to process 20 million litres per day.

8 Oct 2017 11:39 AM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

SMEs garner record Rs 656 crore via IPOs in Apr-Sep FY18

SME capital market has been witnessing participation from a wider class of investors and the trend is expected to...

8 Oct 2017 11:37 AM IST

The company will leverage SBIs sole branch in that country to service its products and tie-up with local banks later.

SBI Life to open Bahrain branch by December

Company has received the requisite approvals from the Central Bank of Bahrain and the Indian regulator IRDAI.

8 Oct 2017 11:35 AM IST

File image of a man counting cash at a petrol pump.

54,000 petrol pump dealers to go on nationwide strike on Oct 13

The strike is to press for long-pending demands ignored by the state-run oil marketing companies.

7 Oct 2017 8:37 PM IST

File image of a man counting cash at a petrol pump.

54,000 petrol pump dealers to go on nationwide strike on Oct 13

The strike is to press for long-pending demands ignored by the state-run oil marketing companies.

7 Oct 2017 8:37 PM IST

The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

RBI begins 'corrective action' against Oriental Bank of Commerce for...

The move will place various restrictions on the public sector lender including on fresh loans and dividend distribution.

7 Oct 2017 8:02 PM IST