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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02:11 pm : Interpretations: Specific mutual fund service tax exemption withdrawn

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ugrasn1 | 2 min 6 sec

when dear

anindaarka | 5 min 56 sec

2 all my dear fr on this board, these r infos 2 help u more.......Existing hepatitis C treatment in India is expensive (Rs 3,75,000 or $6000), complex (24-48 weeks of injectables) and has serious side-effects. Hence Gilead also plans to license its new therapy to Indian generic manufacturers, who will then supply lower cost versions of the drug in the country, and across global markets. It is in talks with its HIV drug pasrtners -- Ranbaxy, Mylan, Strides Arcolab -- to finalise an agreement for Sovaldi (Us brand of d drug Sofosbuvir 2 treat Hepatitis C). The licensee agreements could be finalised by September. At present, the company has initiated clinical trials of the drug in India, with results expected in 2015-end. While Gilead Sciences has applied for multiple patents in India on sofosbuvir, even before its grant the company is already embroiled in a fight. A patient group, Delhi Network of Positive People, and UK-based intellectual property law firm, Initiative for Medicines Access and Knowledge, have together filed an opposition to prevent Gilead from gaining a patent in India....here comes in d wide spectrum opportunity 4 our MD as.............the molecules under development with the Company (Mangalam Drugs)are retrovirals for treatment for HIV which fall in the Government Programme of Hepatitis drugs which command a premium. Both will benefit in the long run.... last year ar the comp any has expanded its anti-retroviral (AIDS) API portfolio which has established market demand and the stringent regulatory agency like WHO-GENEVA considers it as a reliable contributor to their interventions in public health upgradation.

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Best Of Budget 2015

budget impact

sector impact

Leather Products

14:33 pm

Govt reduces excise duty on leather footwear to 6%

Bata India 496.45 -17.25
Relaxo Footwear 500.15 -4.85
Mirza Intl 134.70 -2.45
Bhartiya Inter 564.85 -8.15



14:31 pm

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

ITC 335.95 1.10
Godfrey Phillip 1381.85 -49.30
VST 1678.35 -1.60
Kothari Product 265.15 39.80


Transport & Logistics

14:01 pm

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

Container Corp 1407.80 -13.10
Jet Airways 505.10 -1.15
Allcargo 380.30 0.00
SpiceJet 4.75 -0.95


Computers - Software

13:57 pm

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

TCS 2530.00 3.25
Infosys 1052.40 11.25
Wipro 578.00 0.90
HCL Tech 872.55 9.65


Telecommunications - Service

13:56 pm

Govt reduces royalty rates

Bharti Airtel 342.20 0.05
Idea Cellular 144.00 -2.85
Reliance Comm 74.10 -0.45
Tata Comm 397.00 0.30


Media & Entertainment

13:54 pm

Entertainment sector removed from service tax negative list

Zee Entertain 412.40 3.40
Sun TV Network 368.70 8.45
Dish TV India 105.25 2.10
DB Corp 327.10 5.25


Auto - LCVs & HCVs

13:47 pm

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

Tata Motors 400.95 -1.15
Eicher Motors 18442.10 107.20
Ashok Leyland 97.60 3.50
Force Motors 207.55 -10.90


Steel - Large

13:46 pm

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

Tata Steel 231.25 3.35
JSW Steel 872.05 -20.75
SAIL 45.55 1.60
Essar Steel 51.80 -5.30


Consumer Goods - Electronic

13:44 pm

Customs duty on LED, LCD panels made nil

Videocon Ind 130.85 -4.95
Videocon Intl 84.25 -1.25
Mirc Electronic 12.95 0.05
Jindal Photo 200.20 -6.20


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Ajay Sriram

Vice President | CII