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Equity indices extend Friday's rally but IT stocks lose
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 23 (ANI): The rally on bourses continued during early hours on Monday with heavy buying by foreign institutional investors (FIIs) as well as domestic traders after the government on Friday announced big-bang fiscal stimulus on corporate tax cuts.
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Corporate tax reduction is credit positive for companies, but increases go
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): The government's decision to reduce the base corporate tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth is credit positive for companies because it will enable them to generate higher post-t
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Corporate tax reliefs are one of the biggest reforms ever: CII
Updated : 6 years, 9 months ago IST
New Delhi [India], Sep 20 (ANI): The Confederation of Indian Industry (CII) said on Friday that drastic reduction in corporate taxes is a huge game-changer for the economy and a decisive announcement for awakening animal spirits of investors.
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Equity indices flat ahead of GST Council meet, media stocks dive
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 20 (ANI): Equity benchmark indices were largely flat during early hours on Friday as investors awaited the outcome of Goods and Services Tax (GST) Council's crucial meeting on whether or not to cut rates for automobile and tourism sectors.
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SAC decides to reschedule J-K Investment Summit to 2020
Updated : 6 years, 9 months ago IST
Srinagar (Jammu and Kashmir) [India], Sept 20 (ANI): The State Administrative Council (SAC) on Thursday decided that Jammu and Kashmir Investor Summit should be rescheduled to 2020 in consultation with the Center in order to give the Industries and Commerce Department reasonable time for mak
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IMA scam: CBI examines former K'taka minister Zameer Ahmed Khan
Updated : 6 years, 9 months ago IST
Bengaluru (Karnataka) [India], Sept 20 (ANI): The Central Bureau of Investigation (CBI) on Thursday examined former Karanataka minister Zameer Ahmed Khan in connection with IMA scam in which 40,000 investors were allegedly duped by the company founder Mohammed Mansoor Khan.
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Priyanka Gandhi attacks BJP govt, on Indian investors losing confidence in
Updated : 6 years, 9 months ago IST
New Delhi [India], Sept 19 (ANI): Attacking the Modi government on the state of economy, Congress General Secretary Priyanka Gandhi Vadra on Thursday asked what policies have caused Indian investors to lose their confidence.
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Sensex drops by 470 points while Nifty tests 10,700, Yes Bank tumbles by 1
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 19 (ANI): Heavy selling pressure across sectors dragged equity benchmark indices down on Thursday as investors grappled with the domestic and global slowdown, fluctuating oil prices and absence of any fresh triggers.
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Beat the effects of economic slowdown by Investing in a Bajaj Finance Fixe
Updated : 6 years, 9 months ago IST
Pune (Maharashtra) [India] Sept 17 (ANI/BusinessWire India): The Indian Market has been going through a challenging phase as a result of slowdown in economic growth, higher tax impact on foreign institutional investors, the shutdown of major factories resulting in layoffs and hiring freeze.
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China's continued slowdown, tensions with US increase spillover risks to A
Updated : 6 years, 9 months ago IST
Singapore, Sep 16 (ANI): Moody's Investors Service said in a new report on Monday that the recent escalation of trade tensions between the United States and China will further cloud the trade and economic outlook in Asia with a predominantly negative effect at the sector level.
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Moody's assigns first-time (P)Baa2 to Adani Transmission Restricted Group'
Updated : 6 years, 9 months ago IST
Singapore, Sep 14 (ANI): Moody's Investors Service has assigned a first-time provisional rating of (P)Baa2 to the proposed 30-year dollar-backed senior secured notes to be issued under the newly established Adani Transmission Ltd Restricted Group (ATL RG).
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Reliance Capital gets overwhelming response to third OFS of RNAM shares
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sept 13 (ANI): Anil Ambani-led Reliance Capital said on Friday it has got an overwhelming response from investors for the third offer for sale (OFS) announced earlier this week to sell its 6.31 per cent shareholding in Reliance Nippon Life Asset Management Ltd (
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