Proposed cut in duty-free liquor, cigarettes to cause Rs 650 cr/year loss to airports: Industry body
Indian airports are likely to incur a revenue loss of Rs 650 crore per annum if the reported recommendations of the Commerce Ministry on duty-free sales are put in place, private airports operators body APAO said on Tuesday.
L&T Q3 results preview: Firm may cut order inflow guidance
L&T’s order backlog suggests better execution rate in the domestic market, said IC...
Phillip Capital maintains neutral rating on Hindustan Zinc, target price Rs 215
For the second consecutive year, the company failed to delive...
Budget 2020 should cut tax outgo by changing sec 80c, family pension laws
Deduction under section 80C is a deduction from gross total income which can be claimed for investment in specified avenues, expenditures up till a specified limit. The existing maximum deduction available under this section is Rs 1.5 lakh, set in 2014.
Brokerages cut Kotak Mahindra Bank’s target price post Q3 results
The bank made provisions and contingencies of Rs 444 crore for the quarter compared with Rs 407.93 crore in the September quarter.
Sensex drops 200 points, Nifty below 12,200 as IMF cuts India's growth forecast
The IMF on Monday lowered India's economic growth estimates for the current fiscal to 4.8%.
ECB launches review that will redefine its mission and tools
"The Governing Council also decided to launch a review of the ECB’s monetary policy strategy,"
Announce convergence of all corporate tax rates to 15 pc in Budget: CII
The government last year reduced corporate tax rates to 22 per cent, plus surcharge and cess. However, companies will not be allowed to avail any tax exemptions or incentives.
Union Bank of India to cut MCLR by 10 bps; Bank of Baroda to slash 1-month rate by 5 bps
Union Bank of India said this is the seventh consecutive rate cut announced by the lender since July 2019. Meanwhile, Bank of Baroda in a regulatory filing said that it will revise one month MCLR to 7.60 per cent from 7.65 per cent.
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
This fund that beat 96% of peers bets on financial stocks
India’s lending crisis isn’t over. And yet, the counts financial stocks as its biggest bet.
View: Go for growth! It's time to stop obsessing over fiscal deficit and deliver growth
Budget 2020 is not being framed in a business-as-usual scenario but at a time of sharply lower growth.
Buy Mahanagar Gas, price target Rs 1,200: Kunal Bothra
The analyst suggested a stoploss at Rs 1140 .
Buy Exide Industries, price target Rs 215: Kunal Bothra
The analyst suggested a stoploss at Rs 193.
Buy Jyothy Labs, price target Rs 170: Kunal Bothra
The analyst suggested a stoploss at Rs 150 .
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