| | |
06:52 pm : Flashes: Coal & Power Ministe: Expect Committee On UMPP To Submit Final Report By FY-end
06:51 pm : Flashes: Coal & Power Ministe: Will Make Sure Planned 5 UMPPs Get Timely Approvals
06:51 pm : Flashes: Coal & Power Ministe: All New UMPPs Will Get Handholding From The Govt
06:50 pm : Flashes: Coal & Power Ministe: Have Plans For UMPPs In Bihar & Jharkhand
06:50 pm : Flashes: Coal & Power Ministe: Will See Gradual Phase-out Of Exemptions
06:46 pm : Flashes: PM Said Any Positive Suggestion On Land Acqn Will Be Acted Upon
06:46 pm : Flashes: MoS Finance: Road Projects Can Be Jump-started Immediately With EPC
06:45 pm : Flashes: MoS Finance: Looking At Differential Voting Rights For PSU Bank Boards
06:45 pm : Flashes: MoS Finance: Looking At Innovative Instruments For Reinvigorating PSU Bank Boards
06:44 pm : Flashes: MoS Finance: Bank Bureau Will Be An Autonomous Body & Select Bank Chiefs
06:43 pm : Flashes: MoS Finance: Trying To Pass Constitutional Amendment To GST In This Session
06:43 pm : Flashes: MoS Finance: Can See Movement In Many Stalled Projects
06:42 pm : Flashes: MoS Finance:Govt Infra Investments Will Improve Rail Network
06:41 pm : Flashes: MoS Finance:Will Start Allocating Gross Budgetary Support Of Rs 70,000 Cr Immediately
06:40 pm : Flashes: Rs 70,000 Cr Divestment Target For FY16 Is Ambitious: :Divestment Secy
02:27 pm : Interpretations: 10% TDS introduced for PF withdrawal before 5 years
02:14 pm : Interpretations: Buyback tax up from 22.66% to 23.07% for unlisted companies
02:11 pm : Interpretations: Specific mutual fund service tax exemption withdrawn

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Msign | 16 sec

Here... ADVANCED ONCOTHERAPY PLC ("Advanced Oncotherapy" or the "Company") Directorate Change Advanced Oncotherapy (AIM: AVO), the developer of next generation proton therapy systems for cancer treatment, announces that it has appointed Dr Sanjeev Kanoria as Non-Executive Director, with immediate effect. Dr Kanoria brings with him years of valuable experience, both as a surgeon and as a successful healthcare focussed businessman. Dr Kanoria is a qualified surgeon, having trained in Kings College and Royal Free Hospital London. He has worked for over 15 years in the area of liver transplant and Hepato-pancreato-biliary surgery and is a Fellow of the Royal College of Surgeons as well as being included on the General Medical Council Specialist Register. Dr Kanoria has a PhD from University College London, for innovative research in reducing liver injury. His academic work has been published in numerous international journals and he has received numerous awards for his pioneering work in reducing liver injury. Dr Kanoria received an MBA from London business school in 1997, before joining McKinsey & Co as a senior consultant in strategy & finance. In 1999 Sanjeev left McKinsey to start his own company, Advinia Health Care, building a chain of nursing homes across the UK, which now employs close to 1,000 people. In 2013, Sanjeev acquired 100% of the shares of Hypo Alpe-Adria-Bank AG (renamed Austrian Anadi Bank AG), one of the oldest mortgage banks in Austria, through his holding company, Anadi Financial Holdings. Sanjeev has been appointed as the Vice Chairman of the Supervisory Board of Austrian Anadi Bank following FMA approval. The bank has a total asset base of over €3 billion and 16 branches in Austria. He is currently setting up a $200m multi-specialty hospital in Mumbai for cancer and trauma surgery, due to be commissioned in August 2015. Commenting, Sanjeev Pandya, CEO, said: "I am greatly looking forward to working with Dr Kanoria and know that his vast knowledge and experience of the medical world will help to guide Advanced Oncotherapy into a strong future. Having been in both the medical and business side of the industry, Sanjeev has a rare perspective which will be invaluable to use and gain from. Sanjeev also brings strong connections in Asia which are highly relevant for us given the strong geographic demand for proton therapy in this key part of the world." Dr Kanoria commented on his appointment saying: "I am truly looking forward to working with such an experienced team. Advanced Oncotherapy is a unique business which is really pushing the boundaries of the medical world and I am pleased to be part of it, both as a shareholder and now as member of the Board. I look forward to offering both medical and business support from my own experience and knowledge of the industry. This is truly cutting edge medical technology and being part of it is a privilege."

arvind151 | 18 sec


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Best Of Budget 2015

Do you see the Budget measures firing economic growth in FY16?


  • Yes
  • No



1 April 2015, 16:00 PM

Ambareesh Baliga

Market Analyst |


Vatsal Shah | Ajay Jain

budget impact

sector impact

Leather Products

14:33 pm

Govt reduces excise duty on leather footwear to 6%

Bata India 1106.25 29.30
Relaxo Footwear 671.00 5.10
Mirza Intl 87.20 1.15
Sreeleathers 239.00 0.00



14:31 pm

Excise duty on cigarettes increased by 25% for sub-65 mm cigarettes

ITC 321.25 3.75
VST 1575.00 9.40
Godfrey Phillip 428.65 2.30
Kothari Product 213.25 0.75


Transport & Logistics

14:01 pm

Service tax hike of 2.4% for non-economy class air travel

Container Corp 1584.00 35.15
Jet Airways 490.00 11.70
Allcargo 316.20 -0.90
Aegis Logistics 629.00 32.60


Computers - Software

13:57 pm

Fee for technical services rate reduced from 25% to 10%

TCS 2557.90 44.80
Infosys 2255.70 27.70
Wipro 655.30 0.55
HCL Tech 974.25 -6.20


Telecommunications - Service

13:56 pm

Govt reduces royalty rates

Bharti Airtel 391.90 2.50
Idea Cellular 186.20 3.20
Reliance Comm 61.10 0.85
Tata Comm 430.35 2.40


Media & Entertainment

13:54 pm

Entertainment sector removed from service tax negative list

Zee Entertain 340.15 -2.20
Sun TV Network 416.85 11.35
Dish TV India 81.95 0.35
DB Corp 368.00 -1.15


Auto - LCVs & HCVs

13:47 pm

Import duty on vehicles with capacity more than 10 seats increased to 40% from 10%

Tata Motors 563.90 13.00
Eicher Motors 15358.20 -180.00
Ashok Leyland 74.65 0.55
Force Motors 207.55 -10.90


Steel - Large

13:46 pm

Customs duty on bituminous coal reduced to 10% from 55%

Tata Steel 321.60 -0.80
SAIL 68.30 -0.70
JSW Steel 914.50 2.50
Essar Steel 51.80 -5.30


Consumer Goods - Electronic

13:44 pm

Customs duty on LED, LCD panels made nil

Videocon Ind 158.60 7.55
Videocon Intl 84.25 -1.25
Mirc Electronic 9.75 0.15
Sharp India 5.20 0.20


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Ajay Sriram

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