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  Business   Companies  19 May 2017

Business, Companies, 19 May 2017

SIAM welcomed the GST rates for automobiles

Auto industry body said that the new tax rates would help in stimulating demand.

19 May 2017 8:19 PM

Telecom sector to become costly under GST

The telecom and financial services will be taxed at a standard rate of 18 per cent.

19 May 2017 7:24 PM

SBI shares rises by 2 per cent

During the day, it surged by 3.97 per cent to 52-week high of Rs 315 apiece.

19 May 2017 7:20 PM

Goyal says no need for lower taxes to encourage clean energy

The minister said "We don't need support of lower taxes to encourage renewable energy. By itself, it is good for the nation.

19 May 2017 5:29 PM

Grasim Industries reports marginal increase in net profit

The revenue from operations during the quarter under review stood at Rs 11,140.21 crore.

19 May 2017 4:27 PM


Maha House to meet from tomorrow to pass state GST Bill

This is for the first time that the Legislature will have a sitting on a Sunday, that is May 21.

19 May 2017 2:47 PM

SBI Q4 profit more than doubles as bad loan ratio narrows

Analysts on average had expected a net profit of 28.33 billion rupees for the lender.

19 May 2017 1:01 PM

L&T Power bags Rs 300 crore export job orders

The stock of L&T was trading at Rs 1,704.45, down 1.01 per cent, on the BSE.

19 May 2017 12:55 PM

HUDCO makes stellar market debut, shares surge over 22 per cent

The price band for HUDCO, which concluded its Rs 1,224 crore initial public offer on May 11, was set at Rs 56- 60 a share.

19 May 2017 11:30 AM

Idea, Flipkart tie-up to offer bulk data to smartphone buyers

Idea customers will need to recharge with Rs 356 for getting 30 GB of 4G data with no daily data limit

19 May 2017 9:58 AM


Alibaba quarterly profits almost double to USD 1.55 bn

Mobile monthly active users on Alibaba's China retail marketplaces reached 507 million in March.

19 May 2017 9:39 AM

IT cos to net hire 1.5 lakh staff this year

Nasscom president said it will be wrong to try to stop workforce realignment by restoring to regulation and employee activism.

19 May 2017 6:35 AM