Stock market update: Sugar stocks advance; SBEC Sugar jumps 5%
SBEC Sugar, Rana Sugars and Piccadily Sugar were among the top gainers.
Stock market update: Sugar stocks mixed; Rajshree Sugars plummets 8%
Rajshree Sugars, Indian Sucrose and Sakthi Sugars were the top gainers.
Nature, government policies set to brighten life for sugar companies
Experts also say the government has been supporting the sector by retain...
Stock market update: Sugar stocks slump; Avadh Sugar slides 5%
Avadh Sugar, Simbhaoli Sugars and Piccadily Sugar were the top losers.
Karnataka may soon announce relief as industries find property taxes steep
In the case of electricity bills, commercial consumers attract the highest tariff while industrial units pay a lower tariff. The government is working on similar lines of introducing a separate tax rate for industries. The Minister, however, said the Cabinet will take a view on whether to make the proposed relief prospective, or retrospective.
Buy Century Textiles & Industries, price target Rs 550: CK Narayan
The analyst suggested a stoploss at Rs 530 .
SIAM bullish about revival of automobile industry
"This is the worst downturn of the automobile industry in the last 20 years," SIAM deputy director Sugato Sen told reporters. "We hope that the year 2020 will be the year of revival of the Indian automobile industry. Sales are expected to go up as penetration of automobiles in India is very low," Sen added.
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.
Amul object proposal of industry to import SMP at zero percent duty
The proposal was given by industry body -CII in the backdrop of firm SMP prices at Rs 280-300 per kg, compared to last year prices of Rs 150 per kg. In summer, when milk production drops, the dairy manufacture liquid milk and other products by diluting milk powder. Ten tonnes of SMP are used to make one lakh litre of milk.
Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into one
RIL has disrupted the energy and telecoms industry and could soon do the same to retail, fintech, and media.
Budget should give clarity in levies for telecom industry: ICRA
The industry has been demanding a reduction in the overall charges paid by the operators mainly licence fee and spectrum usage charges, ICRA said in a pre-budget expectation note on Monday.
India joins WEF reskilling initiative as founding member
The scheme aims to future-proof workers from technological change and help economies by providing new skills for the Fourth Industrial Revolution, the WEF said. Founding governments include Brazil, France, India, Pakistan, the Russian Federation, UAE and the US. Business partners include PwC, Salesforce, ManpowerGroup, Infosys, LinkedIn, Coursera Inc. and The Adecco Group.
Stock market update: Cement stocks mixed; Keerthi Industries gains 2%
Keerthi Industries, Andhra Cements and Udaipur Cement Works were the top gainers.
HDFC Securities maintains neutral on Reliance Industries, target price Rs 1,562
According to the brokerage, RIL posted underwhelming results in third quarter as operating profit reported was 10% lower than HDFC Securities’ estimates.
Government allocates Rs 232 crore for infrastructure development of CAPFs
The CAPFs, which are the backbone of internal security, are pressed into service in anti-naxal, anti-terror and anti-insurgency operations across the country in addition to law and order duties in states and work in difficult circumstances away from their families.
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