Rohan Shah

Birla Corporation shares rallied 7 percent to Rs 1,092, the highest closing level since September 20 last year and formed robust bullish candlestick pattern on the daily charts with significantly higher volumes. The stock has been making higher highs, higher lows for third consecutive session.

Trade Spotlight | Your strategy for Route Mobile, Bajaj Electricals, Divi's Labs today

Divis Laboratories continued to see healthy volumes for yet another session. It jumped 3.7 percent to Rs 3,385.8, the highest closing level since May 10 and formed long bullish candlestick pattern on the daily scale for second consecutive session.

Trade Spotlight | Your strategy for Firstsource Solutions, Nazara Tech, Varun Beverages today

Varun Beverages shares rose over 3 percent to end at record closing high of Rs 1,505.5 and formed bullish candlestick pattern on the daily timeframe, though trading volume remained below average. The stock has seen a break out of Mother candle of May 2.

Trade Spotlight | How to trade in RITES, Mahindra Holidays, JK Lakshmi Cement today

RITES surged nearly 9 percent to Rs 380 and formed robust bullish candlestick pattern on the daily scale with large volumes, trading above all key moving averages (21, 50, 100 and 200-day EMA). It has decisively broken more than a month long consolidation.

Trade Spotlight | Your strategy for Indian Bank, IDFC First Bank, APL Apollo Tubes today

IDFC First Bank formed bullish candle on the daily scale with above average volumes, as it gained 2.5 percent to close at Rs 56.50. With Tuesday's move, the stock got back above all key moving averages, with making higher highs higher lows for second straight session.

MC Interview | These 5 stocks look lucrative on higher degree charts after bloodbath, says this technical chartist

Rohan Shah of BP Wealth is bullish on Ashok Leyland, Max Healthcare, Supreme Industries, IRCON, and Apollo Tyres as he sees 17,470-17,420 as a strong support zone for Nifty50.

'One of the most significant moments in our economic history'

Tax experts hailed the GST passage with some terming the development as one of the most important moments in the economic history of independent India.

Panama Papers leak: Journalists and experts beg to differ

While journalists from the Indian Express which published the report on the Panama Papers leak say resident Indians couldn't have followed the law of the land in spirit, experts say media should not paint everyone with the same brush.

Budget 2016: New cesses undesirable, complicating tax system, says ELP's Shah

Pranav Sayta, Partner at EY India feels it would have been helpful if a clear roadmap was provided on rationalisation of exemptions and incentives.

Will Budget 2016 help India move closer to GST?

Rohan Shah, Managing Partner, ELP; Sachin Menon, Partner & Head, Indirect Tax, KPMG and Harishanker Subramaniam, Partner and Indirect Tax Leader of EY, talk about the tax-related worries and needful for the Budget 2016.

Here's what tax experts make of Jaitley's Budget 2015-16

Rohan Shah, Managing Partner, ELP told CNBC-TV18 that in the short-term the tax for Corporate India has gone up and the hike in service tax was also on cards.

'Cooper can claim over 4 times of $112.5 m break fee'

Apart from the $112.5 million break-up fee, Cooper can claim damages over 4-5 times of the mentioned amount to intimidate Apollo, feel experts

India Inc: Implementation of GST might boost GDP by 1-2%

With the implementation of GST still a long way off, India Inc seems to be getting restless. To begin with, there is still no availability of cross credit on service tax and VAT. Consequently stakeholders are being subjected to double taxation both by the centre and the state, reports CNBC-TV18's Ashmit Kumar.

Govt needs to defer implementation of GAAR: BMR Advisors

The government's clarification on General Anti-Avoidance Rules (GAAR) provisions is still awaited. Mukesh Butani, chairman of BMR Advisors says, market is overreacting to uncertainty on GAAR. "The government is mindful of unintended consequences of GAAR," he adds.

Vodafone Judgment Day!

We live in a complex world of business and finance, where companies operate and transact in several jurisdictions, all at once. In a nod to this complex world, the Supreme Court of India has delivered a far-reaching judgment today.

On DTC and GST, this was sort of incubation budget: Expert

Rohan Shah, Managing Partner, Economic Laws Practice, in an interview on CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

Taxing Times: Last of all frills budget?

So will this be the last budget in the history of budgets as we know them in India?