Business

Rajya Sabha shows rare camaraderie over GST

Wed, 08/03/2016 - 23:22

New Delhi, Aug 3 (IANS) As the Goods and Services Tax Bill got the parliamentary nod to end a stalemate that lasted almost 10 years, the Rajya Sabha saw a rare camaraderie and unanimity when all members present voted in favour of the statute.

0 comments

Timex reduces net loss 37 per cent in Q1

Wed, 08/03/2016 - 23:22

New Delhi, Aug 3 (IANS) Watch and jewellery maker Timex Group on Wednesday reported a standalone net loss of Rs 2.99 crore for the first (April-June) quarter of fiscal 2016-17, which is 37 per cent less than Rs 4.74 crore it posted in the like period year ago.

0 comments

Legal portal offers e-Sign service on Aadhaar platform

Wed, 08/03/2016 - 22:56

Bengaluru, Aug 3 (IANS) New online legal documentation portal LegalDesk.com on Wednesday announced electronic signing (eSign) service on the state-run Aadhaar platform to all citizens with the unique identification number.

0 comments

CCEA extends production subsidy to sugar mills

Wed, 08/03/2016 - 22:52

New Delhi, Aug 3 (IANS) The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday decided to extend production subsidy to sugar mills to achieve expected performance in respect of export of sugar and supply of ethanol.

0 comments

Government, opposition spar over GST as a finance or money bill

Wed, 08/03/2016 - 22:32

New Delhi, Aug 3 (IANS) Strong differences emerged between the ruling National Democratic Alliance (NDA) and the opposition in the Rajya Sabha here on Wednesday over the issue of Goods and Services Tax (GST) Bill being presented as a finance or money bill.

0 comments

Cabinet approves proposal to peg central schemes at 30

Wed, 08/03/2016 - 21:30

New Delhi, Aug 3 (IANS) The Union Cabinet on Wednesday accepted major recommendations of the Sub-Group of Chief Ministers on rationalisation of Centrally Sponsored Schemes (CSSs), which had suggested that the total number of schemes should not normally exceed 30.

0 comments

Don't make GST procedural nightmare, says Nasscom

Wed, 08/03/2016 - 21:08

Hyderabad, Aug 3 (IANS) Nasscom on Wednesday urged the government not to make Goods and Services Tax (GST) procedurally a nightmare for Information Technology services sector.

0 comments

India Inc welcomes GST Bill with a few concerns

Wed, 08/03/2016 - 20:18

New Delhi, Aug 3 (IANS) As the Rajya Sabha on Wednesday finally took up discussion on the Goods and Services Tax (GST) bill, with Finance Minister Arun Jaitley moving it for consideration and passage, industry stakeholders welcomed the move but also expressed some concerns.

0 comments

Implementing GST is still a long road ahead

Wed, 08/03/2016 - 20:02

New Delhi, Aug 3 (IANS) Even after Rajya Sabha's consent to a pan-India goods and services tax regime, vide a Constitution amendment bill, it may still take months before this major indirect tax reform is implemented, experts said, explaining the steps ahead:

0 comments

HCL reports Rs 2,047 cr profit, growth up by 14.8 per cent

Wed, 08/03/2016 - 20:00

New Delhi, Aug 3 (IANS) Global IT services major HCL Technologies Ltd. on Wednesday reported a consolidated net profit of Rs 2,047 crore for first (April-June) quarter of fiscal 2016-17, registering 14.8 per cent year-on-year (YoY) growth.

0 comments

Philips partners with Amazon for LED TV launch

Wed, 08/03/2016 - 19:30

New Delhi, Aug 3 (IANS) PE Electronics, official brand licence partner of Philips in India, launched its new age content-driven LED TVs here on Wednesday in partnership with e-commerce platform Amazon India.

0 comments

Pages