According to dealer sources, the reduction in prices on Audi vehicles sold in India will range from Rs 50,000 to Rs 1.5 lakh on entry level A3 sedan to Rs 10 lakh on flagship A8 sedan.
GST implementation will be a positive development for the road logistics sector, where a more efficient and organised sector is expected to improve gradually.
The new GST rate may increase prices of premium units due to high land costs, but the amount of benefit that a buyer may get will depend on the demand-supply situation and competition in a micro market
In an interview to CNBC-TV18, Saket Todi, Senior Vice President of Lux Industries spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Madhavan Menon, Chairman & MD of Thomas Cook (India) spoke about the results and how next few quarters could look like.
Developers today are unclear on the processes and systems of the RERA guidelines and will take time to accordingly recalibrate their businesses
In an interview to CNBC-TV18, Arvind Sanger, Managing Partner of Geosphere Capital Management spoke about global equity markets and how they are shaping so far.
Cut to 2017. Markets are booming on the back of a string of state election wins for (the business-friendly) Modi, continued good luck on global oil prices and a paucity of emerging market alternatives for investors. There continues to be a business-like air in Delhi’s stately halls of power; Modi has won a reputation as a workaholic obsessed with results; and there has been no talk of corruption on his watch. Tick the boxes that the smart money follows, and tick again.
Congratulating the NDA government for completion of three years, Raje while addressing a gathering in Jhalawar district today said that India has established its identity as a super power on a global platform.
Property consultant Knight Frank India and FICCI today released its real estate sentiment index, based on a quarterly survey of key supply-side stakeholders, which include developers, private equity funds, banks and non-banking financial companies (NBFCs),
The government may prune the goods and services shipment target of USD 900 billion fixed for 2020 when it unveils a mid-term review of India's foreign trade policy later this year, exporters' body FIEO said today.
"I would like to say one thing that in 2003, when new players entered the market similar upheaval took place but everything was settled in 1-2 years. I don't feel there is any threat to jobs," Sinha said.
Under the GST rates announced last week, hybrid cars, which are considered eco-friendly, are slated to attract a 15 per cent cess over and above peak rate of 28 per cent, same as those of large luxury cars and SUVs.
The association has announced a State-wide bandh on May 30 to protest the proposed increase in tax under GST for hotels, which it felt was too high.
According to the global financial services major, notwithstanding the "gradual pace" of recovery on the ground, the government's current measures are steps in the right direction.
Expense ratio is the measure of the cost incurred by an investment company to operate its mutual fund.
The government has proposed to levy 18 per cent tax on telecom services under the Goods and Services Tax (GST) regime.
Public Works minister Naeem Akhtar said the government will bring a special bill in the state Assembly and there will be a comprehensive debate on it by lawmakers regarding imposition of the GST.
The S&P BSE Sensex pared gains in the last two trading sessions and eventually closed in the green largely led by weak global cues.
Exporters fear that the tax refund policy after GST’s rollout will increase their capital cost, locking up large amounts of funds till actual trade takes place
The government's decision to put cinema exhibition industry in the highest tax slab of 28 percent under GST regime along with luxury items will affect quality of contents and growth of multiplex industry, said PVR Chairman and MD Ajay Bijli.
The Centre is pitching for synergy between the bureaucrats at the Centre and the states for a smooth transition to GST.
In an interview to CNBC-TV18, Ashok Goel, VC & MD of Essel Propack spoke about the results and his outlook for the company.
The government is working overtime to roll out the goods and services tax regime from July 1 and has held several workshops and seminars to familiarise traders and the industry about the new indirect taxation structure.