The company reported standalone net profit of Rs 133.90 crore for the quarter ended September 30, 2019 as compared to Rs 132.60 crore in the same period last year, regist..
Nifty: Broader market recovery is expected with Nifty support placed at 11500
* Nifty witnessed remarkable pullback on the back of continuous FIIs buying. FIIs bought ..
Corporate tax cut impact likely to be mixed
The corporate tax rate cut announced last week would positively impact pharma and healthcare companies by adding 0-14% upsi..
Tax cut positive for discoms; benefit limited for power companies
Government of India late last week announced a reduction in effective corporate tax (including surcha..
Guidelines for ‘on tap’ licensing of SFBs
RBI accelerated the financial inclusion drive with the announcement of “Small Finance Bank” (mandator..
Not much cheer from corporate tax cut
The government has slashed corporate tax to 25.17% (from 34.94%), but this brings little cheer to telcos given their continued lo..
Corporate tax cut will boost earnings growth
We see specialty chemical companies benefiting from:
1) the recently announced cut in effective tax rate (ETR) to 25.17..
Corporate tax cut – at last something to cheer
Corporate tax rate cut announced by the Ministry of Finance on 20-Sep-2019 has given the non-banking financial com..
Lower tax = Higher ROAs and capital ratios
Friday’s reforms in tax rates announced by the finance minister, Nirmala Sitharaman, aids our coverage banks’ ea..
Cranking up private investments
The recent announcement by the finance ministry to reduce effective corporate tax to 25% from 33% and 17% for new manufacturing units t..
Tax cuts to boost earnings unlikely to prop demand
The government has slashed the effective tax rate for local companies to 25.2% from 34.94% earlier (assuming full ta..
A much-needed stimulus
We expect dairy companies to utilise the reduction in effective tax rate from 35% to 25% to:
1) defer price hikes to gain market share,
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
BSNL to offer more data, validity under select prepaid plans
Infosys signs agreement with U.S. IRS; sees lower tax rate
Gold gains as souring U.S.-China relations dent risk appetite
SC asks Kerala govt to make exclusive law for Sabarimala
BREAKING NEWS - SEBI Changes Rights Issue, Portfolio Mgmt Rules
Andhra college`s bid for plant conservation with QR codes
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