As the countdown to India's largest tax reform nears the end, industries across the country are gearing up to embrace the new policy. In our on going coverage of India's preparedness to embrace this new tax regime, we look today at the gems and jewellery sector.
CNBC-TV18 learns from sources that DB Realty is looking to exit its Rs 5000 crore DB Crown project in Prabhadevi, Mumbai.
CNBC-TV18 learns that the United States Food and Drug Administration (USFDA) is likely to have issued Establishment Inspection Report (EIR) for Ipca Laboratories' pharmacovigilance unit in May-June.
Yesterday was a disappointment for the bulls, you could blame it on the weekly expiry, you could do whatever, you can paint whatever you want to but yesterday was a disappointment for the market.
Oil & gas stocks down in trade today after global crude prices fall over 2 percent overnight. Watch accompanying video of CNBC-TV18’s Varinder Bansal for more details on the sell-off in this space.
CNBC-TV18 learns from sources that PE investors give nod to Reliance Communications for tower arm stake sale to Brookfield.
There are five states that are in power purchase agreement (PPA) for Tata Powers Mundra plant- Rajasthan, Haryana, Punjay, Madhya Pradhesh and Gujarat.
CNBC-TV18 learns from sources that NASSCOM will project FY18 IT-BPM services export revenue growth guidance at 7-8 percent.
As an antidote to rising drug prices, US-FDA is working on plan to increase generic competition. This move is likely to bring in increased pricing pressure for Indian pharma companies.
The Delhi High Court has allowed Singh brothers to sell Fortis stake but with a rider.
Watch accompanying video of CNBC-TV18's Nigel D'Souza to know about a few of the accounts that will have to file under the insolvency and bankruptcy code (IBC) with their financials and viability.
The Indian market continue to consolidate, Monday was a breakout session for our markets on the benchmark indices but yesterday, the market ended pretty flat at least at the Nifty and the Sensex level.
Reports suggest that ABB India is in talks to buy out Larsen and Toubro’s (L&T) electrical business. Watch accompanying video of CNBC-TV18’s Anisha Jain for more details.
Market regulator Securities and Exchange Board of India (Sebi) could soon join the war on bad loans by making buying of stressed assets more attractive. Sebi is also expected to consider cutting down initial public offering (IPO) listing days among other initiatives.
Aviation Ministry has raised concerns over Air India stake sale. Watch accompanying video of CNBC-TV18’s Sapna Das for more details.
CNBC-TV18 learns from sources that Infosys will dole out 5-7 percent for offshore employees across segments. Watch accompanying video of CNBC-TV18’s Kritika Saxena for more details.
One stock that can be under pressure today is Religare as India Ratings has flagged off cash crunch at the company.
The 3 percent goods and services tax (GST) may have come as a welcome relief for small and medium gold traders. But a ground check by CNBC-TV18 reveals that most of them are confused about this transition process. Demand may also be hit in the short-term.
The breakout was always going to be a matter of ‘when’ and not ‘if’ and that is what happened yesterday. Issue is that the breakout was yesterday and the market rewarded for buying the consolation and dip.
CNBC-TV18 learns from sources that the car industry may shell out over Rs 2,000 crore in discounts in June; dealers have asked original equipment manufacturers (OEMs) to put new dispatches on hold owing to goods and services tax (GST) uncertainty.
With goods and services tax (GST) just few days away from becoming a reality-it's raining discounts for white goods. If you've been waiting to buy a TV, AC, fridge, washing machine, now is the time. In the run up to GST, retailers are offering 60-80 percent discounts. CNBC-TV18's Priya Sheth and Ashpreet Sethi visit several of these retailers to find out why and also quiz them on their transition to GST.
With the goods and services tax (GST) all set to become a reality in less than a month from now, potential home-buyers are in a bit of a fix. While GST has been set at 12 percent, this rate does not include stamp duty or the cost of land. What does this mean for property prices and the industry at large? Watch accompanying video of CNBC-TV18's Kevin Lee for a detailed analysis.
In an attempt to resolve the debt crisis for the sector, the company suggested a floor price mechanism, say sources.