Page 5180 - Company News
Reliance Jio tariffs are in line with regulations, says Trai
Trai is expected to communicate the same to the incumbant operators
 "Reliance Jio tariffs are in line with regulations, says Trai")
HCC's Q3 net dips by 80.49% to Rs 4.55 cr
Company is in the process of allotting balance number of equity shares and OCDs
 "HCC's Q3 net dips by 80.49% to Rs 4.55 cr")
Pressures in India, UK to weigh on earnings: Vodafone
Vodafone plans to fight back by merging its Indian subsidiary with smaller rival Idea Cellular
 "Pressures in India, UK to weigh on earnings: Vodafone")
Kwality's new Haryana unit begins commercial production
With this, milk processing capacity of Kwality would reach 4.3 mn litres per day across 6 plants
 "Kwality's new Haryana unit begins commercial production")
Samsung may launch Android tablet at Mobile World Congress in Barcelona
After the Galaxy Note 7 fiasco, the company is being cautious with it devices
 "Samsung may launch Android tablet at Mobile World Congress in Barcelona")
ICVL to resume operations in Mozambique mine in a few months: SAIL
Work in the mine was suspended in 2015 following a crash in coking coal prices
 "ICVL to resume operations in Mozambique mine in a few months: SAIL")
Cognizant looks east: Expands operations in Hong Kong
Expects the new office would help to expand operations in Greater China
 "Cognizant looks east: Expands operations in Hong Kong")
Facebook vows aggressive investment as earnings surge
Facebook shares bounced with word that profit more than doubled in the final quarter of last year
 "Facebook vows aggressive investment as earnings surge")
Budget: Start-ups hail corporation tax cuts but say MAT still a concern
Chandni Jafri CEO of Mumbai Angel Network hailed the budget as being overall assertive
 "Budget: Start-ups hail corporation tax cuts but say MAT still a concern")
Budget: Jewellers say digitisation will boost sector, drive consumption
However, proposal to ban all cash transactions above Rs 3 lakh might affect demand in the sector
 "Budget: Jewellers say digitisation will boost sector, drive consumption")
Push to growth, no surprises
Focus on rural India and affordable housing positive; fiscal deficit target not easy
 "Push to growth, no surprises")
Tax for small firms reduced to 25%
Jaitley reduced income tax for small companies to 25% having annual revenue of up to Rs 50 crore
 "Tax for small firms reduced to 25%")
Satya Poddar: An inclusive and reformist Budget
The Budget has introduced many technical changes to provide relief to the taxpayers
Govt spend to lead infrastructure sector, private investment to wait
The decision to set up an integrated oil major company is expected to boost economic activity
 "Govt spend to lead infrastructure sector, private investment to wait")
Consumption boost for corporate India
Budget provides mild stimulus at bottom of the pyramid but not enough for turnaround in capex cycle
 "Consumption boost for corporate India")
Centre lifts subsidy on distribution of sugar via PDS, onus now on states
Overall subsidy burden on the government would go up marginally by 5% in 2017-18
 "Centre lifts subsidy on distribution of sugar via PDS, onus now on states")
HMSI sales up 2.85% in January at 3,89,486 units
In the domestic market, sales grew 1.77 per cent to 3,68,145 units last month
 "HMSI sales up 2.85% in January at 3,89,486 units")
Pharma sector unimpressed with the Union Budget
Will oppose moves on mandatory prescription of generic drugs
 "Pharma sector unimpressed with the Union Budget")
State Bank of Hyderabad Q3 net loss at Rs 619 crore
For the quarter-ended on December 2016
 "State Bank of Hyderabad Q3 net loss at Rs 619 crore")
Budget 2017: Higher disposable income could drive two wheeler sales
New I-T rates will leave an additional Rs 12,500 every year in the hands of millions of individuals
 "Budget 2017: Higher disposable income could drive two wheeler sales")