Page 3556 - Company News

Global funds draw India plans as Blackstone REIT soars 35% since debut

India can raise $25 billion through REITs over the next three years listing around 150 million square feet of rent-yielding office properties, according to Anarock

Corporation tax cut a big positive, but demand recovery may take time

Employment support led by new investments made by domestic manufacturers is expected, as all corporate entities are eligible for lower taxes

ED finds gaps in State Bank of India audit of grounded Jet Airways

The probe agency is now planning to conduct an independent audit on Jet

US corporate sector hails India's move to cut income tax rate for companies

This is a welcome step to reverse the economic slowdown

India Inc hails tax cuts, says move will boost investments, spur demand

MNCs may relocate new factories to India as tax cut to 15% for new factories

Realtors hope tax cut will boost demand for residential properties

Rajiv Talwar, chief executive at DLF, the country's largest listed property developer, said when there is more money in the hands of corporate entities and people, it will makes a difference

Enjoying tax holidays, IT firms won't gain much from the rate cut

The effective tax rate for TCS in FY19 stood at 24.1 per cent, while for HCL Technologies, it was 19.8 per cent

How the tax rate cut will impact earnings of top listed companies

Combined tax liability of companies in higher tax bracket is likely to reduce by Rs 45,000 crore

Paper manufacturing company Nine Dragons plans India unit near Paradip

The company based in Guangdong (China) is the largest manufacturer of recycled paper in the world

Strong winds force IndiGo to cut seating capacity on Delhi-Istanbul route

The carrier is blocking 29 out of 185 seats in its A320 planes, and 49 out of 222 seats in the A321 models

'Encyclopaedia' Ramkumar Ramamoorthy takes charge of Cognizant India

Narayanan, who had hired a young Ramamoorthy, says he has reinvented himself several times over the past 20 years

Dutch court administrator, Jet Airways' RP agree to cooperate in insolvency

Jet is facing insolvency proceedings in the Netherlands, which is a regional hub for the Euro operations of the airline

Hero Cycles to invest around Rs 1,000 crore in e-cycles business

Hero Cycles' electric portfolio has been growing aggressively over the last 6 months

Dutch administrator, Jet Airways' RP agree to cooperate in insolvency

The appellate tribunal has asked both parties to file their terms and conditions by Monday

Lower corporate tax rates to boost manufacturing, Make in India: Industry

The FM announced slashing on corporate tax on new manufacturers to 15 per cent, 22 per cent to all others

India's corporate tax cuts credit negative, will widen fiscal deficit: S&P

The Indian government slashed corporate taxes on Friday

Groww raises $21.4 mn in Series B funding from Ribbit Capital, Sequoia

Groww, an investing platform offering direct mutual funds on its platform, has more than 2.5 million registered users

Govt's role in emission should be confined to drawing up road map: Butschek

The first high-speed, fast-charging e-car with Ziptron technology will go on sale in the last quarter of the current financial year

Hindi second-most used 'Assistant' language globally, says Google

Google, which has been working on supporting Indic languages across its products like Search, Lens and others on its platform, said it will make Google Assistant available in Hindi on all Android TVs

After Hindi, Alexa to speak in more Indian languages over the next few yrs

If things go as planned, Alexa will speak in Marathi, Tamil, Telugu, Bengali, among a host of other Indian languages, over the next few years