India’s office demand has been affected by global economic uncertainties with gross leasing of workspace falling 19% in January-March across six major cities, according to Colliers India. Real estate consultant Colliers India on Saturday released data on the office market, which showed that the gross leasing fell to 10.1 million square feet in January-March from […]
Continue ReadingGST revenues grew 13% in March 2023, to record the second highest monthly collections of ₹1.6 lakh crore. | Photo Credit: AFP India’s Goods and Services Tax (GST) revenues grew 13% in March, to record the second highest monthly collections of ₹1.6 lakh crore from the indirect tax, with receipts from goods imports rising 8% […]
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Photo used for representational purpose only. File | Photo Credit: PTI Five of the top 10 most valued firms together lost ₹86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit. Last week, the BSE benchmark fell 462.8 points or 0.79%. While Reliance Industries […]
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Image for representation purpose only. | Photo Credit: R. RAGU The government has capped the maximum rate of GST compensation cess that would be levied on pan masala, cigarettes, and other forms of tobacco and linked the highest rate to their retail sale price. The capping of the cess rate was brought in as part […]
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Image for representation purpose only. | Photo Credit: PTI Benchmark indices Sensex and Nifty declined in early trade on March 24 amid a weak trend in Asian markets and fresh foreign fund outflows. Weak trend in index major Reliance Industries also dragged benchmark indices lower. The 30-share BSE Sensex declined 123.03 points to 57,802.25. The […]
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Photo used for representational purpose only. File | Photo Credit: Paul Noronha Equity benchmark Sensex declined 290 points in a volatile session to settle below the 58,000 mark on Thursday due to a sell-off in banking, financial and IT stocks amid a weak trend in European equities. Besides, heavy selling pressure in index heavyweight Reliance […]
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Kalpesh Parmar is the new general manager for Asia business of Mars Wrigley | Photo Credit: Special arrangement Global confectionery major Mars Wrigley on Thursday announced top-level management changes in its Indian operations with the elevation of Kalpesh Parmar as General Manager for Asia business. Mr. Parmar, who was heading the Indian business, would now […]
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The NSE and BSE said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from March 23 | Photo Credit: Reuters Leading bourses NSE and BSE on Wednesday said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from Thursday. Adani Power is shortlisted in short-term ASM […]
Continue Reading.jpg "Adani to bid for more airports in India: CEO")
An inside view of the Mangaluru International Airport. The Mangaluru airport is the first of six with the Airports Authority of India (AAI) that the Adani Group took over. | Photo Credit: Special Arrangement India’s Adani Airports, part of billionaire Gautam Adani’s conglomerate, will bid for more airports in the country in its ambition to […]
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Tata Motors has announced a price increase of up to 5% on commercial vehicles beginning April 1, 2023. “The decision to increase prices is a result of the company’s efforts to comply with the more stringent BS-6 phase II emission norms,” the company said in a statement. “The price increase will be applied across the […]
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