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About 15 results for "ril rsquo"

RIL, Tata Steel, Adani to gain from investment allowance rejig
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RIL, Tata Steel, Adani to gain from investment allowance rejig

This amendment is proposed to be made retrospectively effective from FY16 onwards.    Reliance Industries, Tata Steel and the Adani group will be the biggest beneficiaries of the 15 per cent investment allowance which comes into effect with retrospective effect from April 1, 2015.  The Income Tax Act specifies that manufacturing companies can avail of the allowance on investments made in new assets exceeding Rs 25 crore (Rs 250 million) so long as their acquisition and ... Rediff.com, 1 month ago
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Sensex posts biggest weekly fall in over 6 years

The broader markets fell in today’s trade thus underperforming their larger peers.  A day after bloodbath, the benchmark BSE Sensex on Friday managed to end 34 points higher at 22,986.12, but logged its biggest weekly fall in over six years as fears of a global slowdown and disappointing quarterly numbers of blue-chips, especially banks, hammered stocks during the week. Investors are fleeing risky assets and running to safe havens like gold and bonds. Both the indexes recorded their ...
 Rediff.com2 months ago
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Markets settle at CY 2016 high; Fed outcome, April expiry eyed

  Sensex and Nifty finished the session at 2016 closing high on sustained buying interest amid rise in crude oil prices and appreciating rupee. Meanwhile, investors are keenly awaiting policy decision from the US Federal Reserve later today and the expiry of April derivative contracts on Thursday. The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points to close at 7,980. Chandan Taparia, Derivative Analyst at Anand Rathi says “Nifty levels is ...
 Rediff.com2 days ago
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Profit booking, global cues drag markets

  Markets finished the session on a lower note with Sensex snapping the six day winning streak after investors booked profits at higher and attractive levels. Also, dismal global cues further dented sentiments. The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899. However, midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.16%. "The rally among the broader markets is likely to fizzle out as the earnings may not ...
 Rediff.com1 week ago Markets dance to monsoon tune; Global cues, macro data aid rally  Rediff.com2 weeks ago Markets take a breather on weak global cues  Rediff.com1 month ago
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'Reforms more radical in past 12 months than in five years'

'Subsidised clean fuel is a necessity and for that, all citizens should be supportive. It is not a luxury.' 'India is vulnerable to imports on oil and gas and it needs lots of investment, from within and foreign investors.' One company that has lit up with the recent announcement on the petroleum package is Cairn India. It is hopeful the government will extend its production sharing contract. Mayank Ashar, bottom, left, managing director and chief executive officer, tells Jyoti Mukul the ...
 Rediff.com2 weeks ago
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Sensex cracks below 25,000-mark as weak global cues negate RBI rate cut

Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each. Markets ended sharply lower on Tuesday as weak global cues took precedence over Reserve Bank of India’s rate cut by 25 bps which was in line with economists’ expectations. The S&P BSE Sensex dropped 516 points to end at 24,884 and the Nifty50 plunged 156 points to finish at 7,603. “Transmission of policy rate cuts has been disappointing. However, given that the government has cut administered ...
 Rediff.com3 weeks ago
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Cyrus Mistry gets a whopping Rs 16.25 cr for FY15

-The salary boost for Mistry came after the company earned an income of Rs 13,206 crore (Rs 132.06 billion) for FY15 as compared to previous year’s Rs 5,429 crore (Rs 54.29 billion) With a remuneration of Rs 16.25 crore (Rs 162.5 million), Tata Sons Chairman Cyrus Mistry is now among the top-paid chief executives in the country.Mistry got this package from the unlisted holding company of the Tata group for financial year 2014-15, or FY15. It includes a commission on the profits of Tata ...
 Rediff.com1 month ago
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India Inc young guns ape Gates, Jobs in vocal rivalry

  Throwing corporate propriety to the wind, founders of Flipkart, Snapdeal often aim barbs at each other on Twitter & Facebook The bigwigs of India Inc, the Tatas, the Birlas, the Ambanis or the Ruias, restrict criticism of their bitterest rivals to their boardrooms or private conversations, never engaging in a public spat. A new set of entrepreneurs of start-ups and internet-driven businesses, however, care little for such corporate propriety, and often engage in sparring on social ...
 Rediff.com1 month ago
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Party continues at D-Street; Sensex clocks 1,600 points in 3 days

The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476. Markets finished higher for the third straight day led by gains in metal shares on rebound in  commodity prices while the minimum import price hike on aluminium announced by the government also boosted sentiment. Also, strength in the Asian peers on the back of strong jobs data helped the rally.  The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 ...
 Rediff.com1 month ago Global sell-off casts shadow on D-Street  Rediff.com2 months ago Markets falter on RBI stance, global jitters  Rediff.com2 months ago
Rediff.com

Steel: Industry seeks hike in customs duty

Current Status India is the third-largest steel producer in the world. In 2015, India produced 91.46 million tonne (MT) of finished steel. Total finished steel production in the country increased at a CAGR of 7.45 percent over FY011–15. Driven by rising infrastructure development and growing demand for automotives, steel consumption is expected to reach 104 MT by 2017. India’s steel production is expected to increase from 100 MTPA to 112.5 MTPA by FY16 and 300 MTPA by 2025. The ...
 Rediff.com2 months ago
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