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Budget 2017

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  • Budget 2017: Expect tax leverages for cashless payment, says Zebpay

    Budget 2017: Expect tax leverages for cashless payment, says Zebpay  

    New developments in the Budget and economic interventions will open more avenues for Digital India. India has already started experimenting with the blockchain technology. Budget should also include special allotments for experime...

    20 Jan 2017, 5.00 pm  |  Source: Moneycontrol.com

  • SC to hear on Jan 23 plea to postpone Union Budget

    SC to hear on Jan 23 plea to postpone Union Budget  

    The Supreme Court today deferred to January 23 the hearing on a plea seeking postponement of Union Budget presentation ahead of the upcoming Assembly polls in five states.

    20 Jan 2017, 5.00 pm  |  Source: PTI

  • Telcos with stretched balance sheets to face problems: UTI MF

    Telcos with stretched balance sheets to face problems: UTI MF   

    Given the type of competition now, specially on the data front, it is quite clear that players with stretched balance sheets will have problem if this continues for a while, says Swati Kulkarni, of UTI MF on the Indian telecom ind...

    20 Jan 2017, 4.58 pm  |  Source: CNBC-TV18

  • L&T Infotech Q3 profit seen up 0.2%, margin may bounce back

    L&T Infotech Q3 profit seen up 0.2%, margin may bounce back  

    IT company L&T Infotech's third quarter profit is likely to increase 0.2 percent sequentially to Rs 233 crore on operational performance.

    20 Jan 2017, 4.58 pm  |  Source: CNBC-TV18

  • Asian Paints Q3 profit seen up 9% to Rs 506cr, margin may shrink

    Asian Paints Q3 profit seen up 9% to Rs 506cr, margin may shrink  

    Asian Paints, one of the largest paint companies in India, is expected to report weak set of earnings in Q3FY17. Profit is likely to increase 9 percent year-on-year to Rs 506 crore but adjusted profit may fall 4 percent in the qua...

    20 Jan 2017, 4.51 pm  |  Source: CNBC-TV18

  • Accumulate Federal Bank; target of Rs 86: Prabhudas Lilladher

    Accumulate Federal Bank; target of Rs 86: Prabhudas Lilladher  

    Prabhudas Lilladher has recommended accumulate rating on Federal Bank with a target price of Rs 86 in its research report dated January 19, 2017.

    20 Jan 2017, 4.50 pm  |  Source: Moneycontrol.com

  • See demand uptick after initial cash ban shocker: Jyothy Labs

    See demand uptick after initial cash ban shocker: Jyothy Labs   

    In an interview with CNBC-TV18, K Ullas Kamath, Joint MD and CFO of the company said that due to demonetisation sales in November saw a decline of 19 percent but it grew 14 percent in December and a similar trend is being seen fo...

    20 Jan 2017, 4.48 pm  |  Source: Moneycontrol.com

  • India a bright star in `sober` global outlook: Uday Kotak

    India a bright star in 'sober' global outlook: Uday Kotak  

    As uncertainty grips the global economic outlook, ace banker Uday Kotak today said India has an opportunity to be a "bright star" in such a "sober" scenario and the medium term prospects for the country's economy looks good as lon...

    20 Jan 2017, 4.46 pm  |  Source: PTI

  • Demnonetisation hits NIIT, Q3 Net slides 56%

    Demnonetisation hits NIIT, Q3 Net slides 56%  

    Skills and talent development company NIIT Ltd today posted a 56 percent fall in consolidated net profit for three months ended December 31, 2016 at Rs 6 crore, hit hard by demonetisation.

    20 Jan 2017, 4.46 pm  |  Source: PTI

  • Germany says US under Trump must abide by trade deals

    Germany says US under Trump must abide by trade deals  

    Washington must stick to international agreements under the presidency of Donald Trump, German Finance Minister Wolfgang Schaeuble said on Friday, but does not expect a major trade war despite the President-elect's attack on Germa...

    20 Jan 2017, 4.46 pm  |  Source: Reuters

  • Lagarde warns of `race to bottom` on trade, regulation, taxes

    Lagarde warns of 'race to bottom' on trade, regulation, taxes  

    The head of the International Monetary Fund said on Friday that one of the biggest risks to the global economy in 2017 was "a race to the bottom" on taxes, regulations and trade, in an indirect reference to the policy plans of the...

    20 Jan 2017, 4.46 pm  |  Source: Reuters

  • Govt bars co-op banks from accepting deposits under PMGKY

    Govt bars co-op banks from accepting deposits under PMGKY  

    The government has barred cooperative banks from accepting deposits under the new tax amnesty scheme PMGKY, a move that comes amidst the Income Tax department uncovering anomalies post demonetisation.

    20 Jan 2017, 4.46 pm  |  Source: PTI

  • UltraTech Q3 profit seen down at Rs 507cr, sales volumes may dip

    UltraTech Q3 profit seen down at Rs 507cr, sales volumes may dip  

    UltraTech Cement's third quarter profit on standalone basis is likely to decline at Rs 507 crore compared with Rs 508.6 crore in year-ago period.

    20 Jan 2017, 4.39 pm  |  Source: CNBC-TV18

  • Efforts on to normalise cash supply in rural areas: RBI

    Efforts on to normalise cash supply in rural areas: RBI  

    RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and the Economic Affairs Secretary Shaktikanta Das are appearing before the Parliament's public accounts committee today.

    20 Jan 2017, 4.39 pm  |  Source: CNBC-TV18

  • Kotak Bk, Canada Pension set to close $525 mn Special Fund: Srcs

    Kotak Bk, Canada Pension set to close $525 mn Special Fund: Srcs   

    Kotak Mahindra Bank and Canadian pension fund CPPIB may be heading for a separation on the USD 525 million Special Situations Credit Fund, says sources.

    20 Jan 2017, 4.39 pm  |  Source: CNBC-TV18

  • Buy Federal Bank; target of Rs 96: Arihant Capital

    Buy Federal Bank; target of Rs 96: Arihant Capital  

    Arihant Capital is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 96 in its research report dated January 19, 2017.

    20 Jan 2017, 4.38 pm  |  Source: Moneycontrol.com

  • Brokerages worry drag Mindtree 3% despite big order win

    Brokerages worry drag Mindtree 3% despite big order win  

    The company reported one of their biggest order wins in its quarterly results. However, challenges related to moderate execution as well as volatility among top clients may be hitting revenues

    20 Jan 2017, 4.34 pm  |  Source: Moneycontrol.com

  • Accumulate Yes Bank; target of Rs 1441: KR Choksey

    Accumulate Yes Bank; target of Rs 1441: KR Choksey  

    KR Choksey has recommended accumulate rating on Yes Bank with a target price of Rs 1441 in its research report dated January 20, 2017.

    20 Jan 2017, 4.32 pm  |  Source: Moneycontrol.com

  • Planning a startup? Tips to manage your finances from a CEO

    Planning a startup? Tips to manage your finances from a CEO  

    Vipin Aggarwal shares insights on how a first time entrepreneur should manage his or her personal finance to avoid a bumpy ride ahead

    20 Jan 2017, 4.30 pm  |  Source: Moneycontrol.com

  • Budget 2017: Health insurers should be exempted from MAT provisions

    Budget 2017: Health insurers should be exempted from MAT provisions  

    A tax free universal health insurance scheme would encourage all those people who have yet to enter the health insurance market, to consider investing in the scheme to avail of quality healthcare.

    20 Jan 2017, 4.28 pm  |  Source: Moneycontrol.com

  • Accumulate Axis Bank; target of Rs 562: KR Choksey

    Accumulate Axis Bank; target of Rs 562: KR Choksey  

    KR Choksey has recommended accumulate rating on Axis Bank with a target price of Rs 562 in its research report dated January 20, 2017.

    20 Jan 2017, 4.27 pm  |  Source: Moneycontrol.com

  • Stay invested in JSW Energy: Avinash Gorakshakar

    Stay invested in JSW Energy: Avinash Gorakshakar   

    Avinash Gorakshakar, Market Expert is of the view that one may stay invested in JSW Energy.

    20 Jan 2017, 4.23 pm  |  Source: CNBC-TV18

  • Sensex loses 274 pts, Nifty below 8350; banks, IT, pharma drag

    Sensex loses 274 pts, Nifty below 8350; banks, IT, pharma drag  

    Pharma and oil gas sectors underformed this week while FMCG stocks did better than other indices.

    20 Jan 2017, 4.23 pm  |  Source: Moneycontrol.com

  • Hold JSW Energy, says Prakash Gaba

    Hold JSW Energy, says Prakash Gaba   

    According to Prakash Gaba of prakashgaba.com, one may hold JSW Energy.

    20 Jan 2017, 4.23 pm  |  Source: CNBC-TV18

  • Hold Canara Bank, says Avinash Gorakshakar

    Hold Canara Bank, says Avinash Gorakshakar   

    Avinash Gorakshakar, Market Expert advises holding Canara Bank.

    20 Jan 2017, 4.23 pm  |  Source: CNBC-TV18

  • Exit Monte Carlo Fashions on rise: Prakash Gaba

    Exit Monte Carlo Fashions on rise: Prakash Gaba   

    According to Prakash Gaba of prakashgaba.com, one may exit Monte Carlo Fashions on rise.

    20 Jan 2017, 4.22 pm  |  Source: CNBC-TV18

  • Buy Piramal Enterprises on declines: Prakash Gaba

    Buy Piramal Enterprises on declines: Prakash Gaba   

    Prakash Gaba of prakashgaba.com is of the view that one may buy Piramal Enterprises on declines.

    20 Jan 2017, 4.22 pm  |  Source: CNBC-TV18

  • Railways seeks gross budgetary support of Rs 50K-cr for FY`18

    Railways seeks gross budgetary support of Rs 50K-cr for FY'18  

    The Ministry of Railways has sought Gross Budgetary Support (GBS) of Rs 50,000 crore for 2017-18, though the Finance Ministry is likely to agree for only Rs 40,000-45,000 crore, a senior government official said.

    20 Jan 2017, 4.22 pm  |  Source: PTI

  • Need to further speed up decision making to beat China:Gadkari

    Need to further speed up decision making to beat China:Gadkari  

    With China seeking to position itself as the new leader of global economy in place of the US, Union Minister Nitin Gadkari today said India also needs to grab this opportunity as the world is looking at it with high hopes and it w...

    20 Jan 2017, 4.22 pm  |  Source: PTI

  • SBBJ Q3 net profit nosedives 72% to Rs 57.8 cr

    SBBJ Q3 net profit nosedives 72% to Rs 57.8 cr  

    SBI associate State Bank of Bikaner & Jaipur's net profit fell sharply by 72 percent to Rs 57.84 crore in the quarter ended December 31, on mounting bad loans and fall in core income.

    20 Jan 2017, 4.22 pm  |  Source: PTI

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