Hero MotoCorp Ltd (HMCL) announces record sales performance for first quarter
Jul 03, 2017, at 11:09 pm
New Delhi, July 3 (IBNS): Two-wheeler manufacturer Hero MotoCorp Ltd (HMCL) on Monday announced record sales performance for the first quarter of the Financial Year (FY’18).
Bosch India develops smart air monitoring solution for the 21st century
Jul 03, 2017, at 10:40 pm
Bengaluru, July 3 (IBNS): Bosch India launched its locally developed air quality monitoring system in New Delhi at its flagship event, Future Connected: Bosch for a Smarter India.
Jul 03, 2017, at 10:30 pm
Kolkata: July 3 (IBNS): Schneider Electric, the global specialist in energy management and automation, on Monday said it has firmed up plans to acquire a bigger market share in the Rs 5000 crore market for low voltage electrical products such as MCBs, RCCBs, Distribution Boards, Switches & Sockets across India.
Hyundai Motor India continues its two decade-long association with Shah Rukh Khan
Jul 03, 2017, at 10:25 pm
New Delhi, July 3 (IBNS): Car manufacturer Hyundai Motor India Ltd (HMIL) on Monday said it has extended its enduring association of 19 years with actor Shah Rukh Khan as its Corporate Brand Ambassador.
Vodafone,Whatsapp to empower customers to chant in language of their choice
Jul 03, 2017, at 10:14 pm
New Delhi, July 3 (IBNS): Vodafone India, one of India’s leading telecommunications service providers, on Monday said together with messaging platform WhatsApp it is 'happy' to promote and educate millions of users to use the app in local India languages.
Tata Power completes construction of its 187 MW Hydro Project in Georgia
Jul 03, 2017, at 10:06 pm
Mumbai/ Kolkata, July 3 (IBNS): Tata Power, India's largest integrated power company, on Monday said that through Adjaristsqali Georgia LLC (AGL) its joint venture with Norway's Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank Group, today announced the completion of construction of its 187 MW Shuakhevi Hydro Power Project (HPP) at a ceremony in Georgia.
Tata Tiago crosses 1 Lakh Bookings
Jul 03, 2017, at 10:04 pm
Kolkata / Mumbai, July 3 (IBNS): Tata Motors on Monday said its hatchback Tiago has crossed the one lakh bookings milestone in the domestic market.
Godrej Properties adds a new residential project in Bangalore
Jul 03, 2017, at 09:53 pm
Mumbai, July 3 (IBNS): Godrej Properties Ltd. (GPL), a real estate developers, on Monday announced that it has signed a Development Management agreement to develop a premium group housing project on Magadi road in West Bangalore.
Record inflation augurs perfectly well for GST launch: ASSOCHAM
Jul 03, 2017, at 09:37 pm
New Delhi, July 3 (IBNS): With retail prices growing by the slowest pace in the last four years by mere 2.18 per cent, it is the perfect time for the launch of the Goods and Services Tax (GST), from inflation point of view, as this particular macro fundamental is placed at an ideal position for the roll out of the country’s most ambitious tax reform, the ASSOCHAM has said.
Vedroop launches new range of products in Kolkata
Jul 03, 2017, at 09:09 pm
Kolkata, July 2 (IBNS): Vedroop launched its new range of products at a program at The Park in Kolkata recently.
GST rollout: Assam to close all check gates within 45 days
Jul 03, 2017, at 03:20 am
Guwahati, July 2 (IBNS) : After Goods and Services Tax (GST) rollout, Assam government has decided to close all check gates in the state within next 45 days.
GST: Hero MotoCorp reduces prices by upto Rs 1800 across models
Jul 02, 2017, at 11:32 pm
New Delhi, July 2 (IBNS): Automobile major Hero MotoCorp has welcomed GST regime and even announced slashing of prices by upto Rs 1800 across models.
We are ready for Goods and Services Tax: SBI chairman
Jul 02, 2017, at 03:58 am
New Delhi, July 1 (IBNS): Within a day after the launch of one taxation system, State Bank of India chairman Arundhati Bhattacharya said the bank is ready for the Goods and Services Tax (GST) on Saturday.
Tata Motors passenger vehicles sales impacted by consumer sentiments pre-GST
Jul 02, 2017, at 02:17 am
New Delhi, July 1 (IBNS): Mixed consumer sentiments in June 2017 towards the implications of GST have impacted the passenger vehicles business sales, while the commercial vehicles business grew on month-on month basis, due to BS4 production ramp-up, Tata Motors said on Saturday.
Maruti Suzuki passes on GST benefits on vehicles to customers
Jul 01, 2017, at 10:15 pm
New Delhi, July 1 (IBNS): Car manufacturer Maruti Suzuki India Limited on Saturday announced that the company has passed on the entire benefit of GST rates on vehicles to its customers.
GST rate on fertilizers reduced in the interest of farmers, says minister Ananth Kumar
Jul 01, 2017, at 10:05 pm
New Delhi, Jul 1 (IBNS): Union Minister for Chemicals & Fertilizers, Ananth Kumar, said on Thursday that it was decided to reduce the GST rate of fertilizers from the existing 12% to 5% at the18th meeting of the GST Council, held on June 30, 2017 .
Maruti Suzuki India sells 394571 units in the quarter April-June
Jul 01, 2017, at 10:02 pm
New Delhi, July 1 (IBNS):Car manufacturer Maruti Suzuki India Limited, leader in passenger vehicles, on Saturday said it sold a total of 394571 units in the quarter April-June 2017, growing 13.2% over the same period of last fiscal.
President Pranab Mukhjeree, PM Modi roll out historic GST reform
Jul 01, 2017, at 05:45 am
New Delhi, June 30 (IBNS): Stating that India is all set to embark on a new journey, President Pranab Mukherjee and Prime Minister Narendra Modi on Friday midnight rolled out the historic Goods and Services Tax (GST) regime in the Parliament.
Introduction of GST is a momentous event for the nation: President Pranab Mukherjee
Jul 01, 2017, at 05:38 am
New Delhi, June 30 (IBNS): Indian President Pranab Mukherjee on Friday said the introduction of the GST is a 'momentous event' for the nation.
GST to give a fillip to country’s economy: Assam CM
Jul 01, 2017, at 03:25 am
Guwahati, June 30 (IBNS) : Assam Chief Minister Sarbananda Sonowal said the Goods and Services Tax being rolled out at 12.01 am tonight would bring about a paradigm shift in the entire indirect tax system by replacing most of the indirect taxes of Centre and States with a single point single tax which would benefit the consumers of the country as well as Assam.
Investments worth $291 bn needed to plug water demand-supply gap in India: Study
Jul 01, 2017, at 03:16 am
New Delhi, June 30 (IBNS): The widening gap between demand for water and its supply is estimated to reach as high as about 50 per cent by 2030 and plugging this huge gap would need an additional investment of about $291 billion (bn), noted a just-concluded ASSOCHAM-PwC joint study.
Pave way for domestic participation on corporate bond market: ASSOCHAM study to SEBI, RBI
Jul 01, 2017, at 03:15 am
New Delhi, June 30 (IBNS): Market regulator Securities and Exchange Board of India (SEBI) should pave way for more domestic participation in the Indian debt market which may witness less of foreign investors' interest, following hike in rates by the US Federal Reserve, according to an ASSOCHAM Study on Bond Market.
GST on fertilizer reduced from 12pct to 5 pct, says govt
Jul 01, 2017, at 02:59 am
New Delhi, June 30 (IBNS): In a major decision, the government on Friday decided to reduce fertilizers from 12% to 5% & on exclusive parts of tractors from 28% to 18%.
Yes Bank launches ‘YES GST’ program to assist MSMEs become GST-Ready
Jul 01, 2017, at 02:12 am
Mumbai, June 30 (IBNS): Yes Bank along with YES Global Institute has launched ‘YES GST’ program for MSMEs under its MSME CSR initiative, ‘Say YES to Sustainable MSMEs in India’.
GST rollout heralds dawn of cooperative federalism: Dr Jitendra Singh
Jul 01, 2017, at 02:03 am
New Delhi, June 30 (IBNS): Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that GST midnight rollout heralds the dawn of cooperative federalism, at an interactive programme of Healthcare Leaders’ here on Friday.
Dena Bank reduces Marginal Cost Based Lending Rate
Jul 01, 2017, at 01:24 am
Mumbai, June 30 (IBNS): Dena Bank, India’s trusted family bank has reduced Marginal Cost Based Lending Rate (MCLR) by 5 basis points for 3months, 6 months & 1 year tenors from July 1.
GST is a transformational structural reform which will have multiple benefits: Kochhar
Jul 01, 2017, at 12:51 am
New Delhi, June 30 (IBNS): Chanda Kochhar, MD and CEO, ICICI Bank on Friday said implementation of GST will have multiple benefits.
Jul 01, 2017, at 12:44 am
Mumbai, Jun 30 (IBNS): While the nation eagerly waits for the unrolling of the GST at the stroke of midnight on Friday, the Indian market ended higher, with the BSE Sensex up 64.09 points at 30921.61 and the NSE Nifty up 16.80 points at 9520.90.
ICICI Bank authorised to collect GST
Jul 01, 2017, at 12:28 am
Mumbai, June 30 (IBNS): ICICI Bank, India’s largest private sector bank by consolidated assets, today announced that it has been authorised by the Ministry of Finance to collect Goods and Service Tax (GST).
GST will create a single national market says KPMG Chairman Arun Kumar
Jun 30, 2017, at 10:25 pm
Kolkata, Jun 30 (IBNS): GST is a historic tax reform, which will create a single national market by replacing multiple indirect taxes levied at different levels, said Arun Kumar – Chairman and CEO at KPMG in India, on Friday.