Infosys in Focus on Buzz of Winning Contract for GST Network
Infosys shares edged higher by 0.30 per cent on Monday after reports, citing sources, said the IT major has bagged the contract for building the goods and services tax (GST) network across the country for rolling out of the new indirect tax regime. Reports pegged the value of the contract at Rs... read more »
Govt likely to implement Companies Act fully by March 2016
The Companies Act, 2013, is likely to be implemented fully by March 2016, says president of the Institute of Company Secretaries of India (ICSI), Atul H Mehta. Addressing a press meet here, Mehta on Sunday said the Act is being implemented partially and the un-implemented sections of the National... read more »
Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks
Government is considering a proposal to raise FDI limits to 100 percent in broadcasting carriage and content services, including DTH and cable networks, aimed at attracting overseas investment and improve infrastructure. An inter-ministerial committee is considering FDI proposals, including hiking... read more »
Larsen & Toubro bags orders worth Rs 1,810 crore
Engineering major Larsen & Toubro (L&T) on Monday said it has bagged orders worth Rs 1,810 crore across various verticals so far in this month. The company’s construction arm has secured these contracts in the buildings and factories, water, power and transportation infrastructure... read more »
Royal Enfield announces entry into Indonesian market
Royal Enfield, the two-wheeler division of Eicher Motors , on Monday announced its entry into the Indonesian market, with plans to commence retail operations in the Southeast Asian country... read more »
Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at 387 rupees each, the company said, a two percent discount from Friday’s... read more »
Gold surges by Rs.480 to reclaim Rs.27,000 mark
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After... read more »
Sensex crashes 1,500 pts: Rs 7 lakh cr wealth wiped out, but it is still a buy
India’s benchmark Sensex took a major pounding on the Dalal Street in early Monday trade, crashing more than 1,000 points, but stock market experts are not painting any bleak picture... read more »
Nestle India goes up by nearly 2%, defies broader market trend
Defying the broader market trend on Monday, Stocks of Nestle India gained nearly 2% in morning trade on the bourses. The shares opened at Rs 6,100.00 and surged 1.76% to an high of Rs 6,206.70 on... read more »
