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Page 3712 - Business Finance

Fortis weighs offers from Manipal, IHH in new bidding round

(Reuters) - India's Fortis Healthcare said on Friday its board would look at a new round of bids from four local and international parties, after shareholders opposed a previous board decision last month to accept an offer from a consortium.

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Updated On : 01 Jun 2018 | 4:40 PM IST

GST collections at Rs 94,016 cr in May better than avg monthly mop-up last fiscal

The mop-up from Goods and Services Tax in May stood at Rs 94,016 crore, better than the monthly average collections last fiscal, but below the record Rs 1.03 lakh crore collected in the previous month. However, as many as 62.47 lakh businesses filed their summary sales return GSTR-3B in May, higher than 60.47 lakh filed in April. Finance Secretary Hasmukh Adhia said that the total GST collection for May is higher compared to average monthly collection of Rs 89,885 crores of 2017-18. "This reflects better compliance after introduction of e-way bills," tweeted Adhia, who is also the Revenue Secretary. Electronic way or e-way bill system was launched on April 1 for movement of goods within the states. The requirement of e-way bill for intra-state movement of goods was launched in a phased manner beginning April 15. Touted as an anti-evasion measure, transporters of goods worth over Rs 50,000 would be required to present e-way bill to a GST inspector, if asked. The measure was expected to

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Updated On : 01 Jun 2018 | 4:40 PM IST
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Updated On : 01 Jun 2018 | 4:33 PM IST
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Updated On : 01 Jun 2018 | 4:33 PM IST
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Updated On : 01 Jun 2018 | 4:33 PM IST
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Updated On : 01 Jun 2018 | 4:33 PM IST
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Updated On : 01 Jun 2018 | 4:33 PM IST
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Updated On : 01 Jun 2018 | 4:33 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST
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Updated On : 01 Jun 2018 | 4:32 PM IST