GST will help India become a big unified market, says Kishore Biyani, CEO of Future Group, adding, the company will benefit the most.
04 Aug 2016, 2.55 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax said that 18 percent goods and services tax (GST) should certainly bring down tax rate.
04 Aug 2016, 2.18 pm | Source: CNBC-TV18
We have had a good Q1 and earned a profit of about Rs 32 crore, said Vijay Banka, Wholetime Director & CFO of Dwarikesh Sugar Industries to CNBC-TV18.
04 Aug 2016, 1.55 pm | Source: CNBC-TV18
Revenue growth of the company is subdued due to weak activations business. "The non-radio business is very dependent on on-ground stuff and this time the rains have affected it," Prashant Panday, MD & CEO of ENIL said. He expects ...
04 Aug 2016, 1.52 pm | Source: CNBC-TV18
Shemaroo Entertainment reported a good set of first quarter numbers with a 18.6 percent rise in net profit to Rs 14 crore while the total income grew 23.6 percent to Rs 95.9 crore. EBITDA margin came at 31.1 percent in Q1.
04 Aug 2016, 11.50 am | Source: CNBC-TV18
Talking about the overwhelming response seen by the issue, Kapil Wadhawan, CMD, DHFL says it would be a game-changer not only for the company but for the industry as a whole.
04 Aug 2016, 11.46 am | Source: CNBC-TV18
Speaking to CNBC-TV18, Arvind Subramanian, Chief Economic Adviser to the Government of India, clarified that he had recommended a range of standard Goods and Services Tax rate between 17 percent and 19 percent.
04 Aug 2016, 10.22 am | Source: CNBC-TV18
While domestic sales for Titan were robust, exports and after sales services impacted the business in quarter gone-by, says S Subramaniam, CFO of the company. Domestic sales for the company grew 11 percent in Q1.
04 Aug 2016, 10.12 am | Source: CNBC-TV18
Even as Parliamentarians unanimously ensured the passage of the GST Amendment Bill late Wednesday, some economist says the government still has a long way to go ahead in terms of a proper GST implementation on April 1, 2017.
03 Aug 2016, 11.22 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, Ashok Kajaria, CMD of Kajaria Ceramics spoke about the results and his outlook for the company.
03 Aug 2016, 3.24 pm | Source: CNBC-TV18
"There is an improvement in demand. We see very sharp growth in the month of July than last year, let us hope it continues", TT Jagannathan, Chairman of TTK Prestige said.
03 Aug 2016, 3.21 pm | Source: CNBC-TV18
In an interview RS Kalsi told CNBC-TV18 that Maruti plans to launch two new models by the end of this fiscal through its NEXA showrooms and expects this festive season to be better than last year.
03 Aug 2016, 3.07 pm | Source: CNBC-TV18
Vijay Shekhar Sharma, Founder of e-wallet major Paytm, says the company will be interested in participating in GST Network (GSTN), for providing a gateway for GST payments.
03 Aug 2016, 2.50 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Nandan Nilekani, former chairman of the Unique Identification Authority of India, said he believes the government will listen to all stakeholders and devise a simple system for the GST rollout.
03 Aug 2016, 1.26 pm | Source: CNBC-TV18
Demand has been weak but in Q2 and Q3 of the year -- as the festival season comes -- Niraj Shirgaokar, MD of Ugar Sugar Works expect the demand to pick up, which will lead to price increase.
03 Aug 2016, 12.39 pm | Source: CNBC-TV18
In an intereview to CNBC-TV18, Kapil Agarwal, Joint MD of UFO Moviez said that Q1 generally is weak and not many films were released in Q1 of this year. However, Q2 is seeing good traction with movies like Sultan and Kabali.
03 Aug 2016, 12.10 pm | Source: CNBC-TV18
Anant Gupta, the company’s CEO, speaking to CNBC-TV18, said that organic growth in the first quarter was higher on back of strong foundation in different sectors.
03 Aug 2016, 11.36 am | Source: CNBC-TV18
RC Bhargava, Chairman of Maruti Suzuki, said that the GST is a good move, but the focus should be on implementing it once the legislation is passed. Legislation on paper won’t be good unless there is implementation, he said.
03 Aug 2016, 10.17 am | Source: CNBC-TV18
In an exclusive chat with CNBC-TV18 Birger says the company has earmarked 5 billion pounds for investments this year globally towards better flights, facilities and technology, adding, India forms an integral part of global strate...
02 Aug 2016, 10.25 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, Shankar Lal Somani, Chairman, Sumeet Industries spoke about the results and his outlook for the company.
02 Aug 2016, 3.54 pm | Source: CNBC-TV18
Tough competition from unorganised sector has kept margin under pressure, says Century Plyboards' Chairman Sajjan Bhajanka.
02 Aug 2016, 3.26 pm | Source: CNBC-TV18
There will be no major pains with respect to slippages, says Jain. Out of the Rs 825 crore fresh slippages in Q1 of current fiscal, Rs 93 crore was an addition due to existing non-performing assets (NPA). Also there was a Rs 758 c...
02 Aug 2016, 3.24 pm | Source: CNBC-TV18
With fairly good performance likely in both the domestic and export markets, Rico Auto should be able to grow revenue by 15-20 percent this financial year, says Chairman, CEO & MD Arvind Kapur.
02 Aug 2016, 3.15 pm | Source: CNBC-TV18
Govardhan Dhoot, MD, Mangalam Drugs & Organics is confident of improving revenues and growing by 15-20 percent over the last fiscal on back of pending orders.
02 Aug 2016, 2.26 pm | Source: CNBC-TV18
The passage of the GST Bill will reduce the financial burden arising from tax outgo due to factors like entertainment taxes, road and import permits, warehouse maintenance and transit insurance, said Jawahar Goel, Managing Directo...
02 Aug 2016, 2.14 pm | Source: CNBC-TV18
L&T posted lower-than-estimated first quarter numbers with a 46 percent rise in consolidated profit to Rs 609.6 crore. Revenues increased 9.1 percent to Rs 21,874 crore.
02 Aug 2016, 1.39 pm | Source: CNBC-TV18
The company has around Rs 900 crore to Rs 1000 crore of debt in its books, he says, and efforts are being made to efficiently execute orders to reduce them. The implementable order according to Ramachandran is Rs 7,400 crore.
02 Aug 2016, 1.10 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Pratibha Advani, CFO of Tata Communications said that the EBITDA growth in this quarter was on the back of stable performance in the data business and sees structural headwinds in the voice segment ...
02 Aug 2016, 12.21 pm | Source: CNBC-TV18
Nidesh Jain of Investec Capital Services spoke about the reverse merger among other things. He said Bajaj Finance & Bajaj Finserv are big beneficiaries among NBFCs.
02 Aug 2016, 12.12 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Sudhir Munjal, MD of Munjal Auto said that the turnover in FY17 will be 5-7 percent higher than FY16 and expects it to be around Rs 950 crore in this fiscal.
02 Aug 2016, 12.11 pm | Source: CNBC-TV18