Mar 03, 2015 at 18:52 | Source: Moneycontrol.com
Though FM's tax proposals are expected to have positive impact on corporate tax payers in general, telecom sector's demands such as rationalisation of amended royalty provisions are not addressed to
Mar 03, 2015 at 17:58 | Source: Moneycontrol.com
Finance Minister has done a fine job of prioritising the wish list based on the impact on growth and inflation
Mar 03, 2015 at 14:00 | Source: Moneycontrol.com
TCS, Reliance were top contributors to Nifty gain today. Cipla, Bajaj Auto and HDFC were other gainers in the Sensex. Losers include Coal India, M&M, Axis Bank, Tata Motors and NTPC.
Mar 03, 2015 at 13:04 | Source: CNBC-TV18
Vishal Goyal of UBS says this will lead to greater free flow in private sector banks. He sees exuberance in private sector banks, but asset quality remains a concern. He says Axis Bank has the highest FII premium currently.
Mar 02, 2015 at 21:59 | Source: CNBC-TV18
According to Gunit Chadha of Deutsche Bank, the Budget showed a clear intent of the government to remain pro-growth, pro-reform and committed to creating opportunities and jobs.
Mar 02, 2015 at 21:29 | Source: PTI
"The medium-term fiscal consolidation strategy is less aspiring than in the past, which is negative from a sovereign rating perspective," Fitch said. Global rating agencies rule out upgrade for India within a yr
Mar 02, 2015 at 16:40 | Source: Moneycontrol.com
Hem Securities has come out with its analysis on Budget 2015-16. According to the research firm, there is a positive sectoral impact of this budget on auto, banking, footwear, infrastructure, metal and real estate while negative on FMCG.
Mar 02, 2015 at 16:30 | Source: Moneycontrol.com
Meanwhile, FMCG index was dragged heavily by ITC which lost 5 percent at close. The stock was still reeling under excise duty hike on cigarettes proposed by the FM. Most brokerages have downgraded the stock and recommend selling it.
Mar 02, 2015 at 15:54 | Source: Moneycontrol.com
Changes in duty structure have minimal impact on listed auto makers.
Mar 02, 2015 at 15:41 | Source: Moneycontrol.com
Finance minister opted to take small changes in duty structure which has negligible impact on auto makers