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gst bill cinema entertainment tax service tax rates multiplex screens bollywood hit regional box office collections

PVR, Inox Leisure shares flare up on hopes of GST to be lower than entertainment tax

A GST rate of about 18 percent is expected to improve profit margins of PVR, Inox Leisure, say analysts. Aug 6, 2016
Mukesh Ambani

Reliance Jio sets up 5 lakh 4G outlets; rivals Airtel, Vodafone, Idea woo customers with new offers

Telecom companies Airtel, Vodafone and Idea Cellular feel the heat as Reliance gears up for 4G launch. Aug 6, 2016
Vedanta group Cairn India

Vedanta Resources aims to close merger with Cairn India in early 2017

Mining and energy group Vedanta Resources seeks to boost its financial strength through its merger with Cairn India. Aug 6, 2016
Rajya Sabha

What India's formal adoption of inflation target means?

The RBI-monitored inflation targeting aims to keep retail price index at check below 4 percent till 2021. Aug 5, 2016
lockheed martin

Lockheed Martin will shift F-16 fighter jet manufacturing unit to India if it gets assured orders

The challenge before Lockheed is to use its competitive production advantage into winning this deal, says an aerospace expert. Aug 5, 2016
Bank of England

Asia stocks gain, pound weakens on Bank of England easing, US jobs data awaited

Japan's Nikkei advanced 0.3 percent, on track for a loss of 1.6 percent for the week. Aug 5, 2016
Air Costa

After Air Pegasus, Air Costa halts operations over payment issues

The airline is sorting out payment issues with its lessor, GE Capital Aviation Services, an Air Costa official said on Thursday. Aug 5, 2016
Standard Chartered

StanChart sees further cuts to bad loan provisions in China, India

A sharp spike in non-performing loans in China and India had weighed on the Asia-focused bank's balance sheet in recent years. Aug 4, 2016
rbi forex reserves dollars rupee decline volatility brexit rajan mumbai bse sensex

RBI's new alert website to save people from investing in ponzi schemes

The initiative is expected to streamline the search for genuine operators, while keeping away fraudsters. Aug 4, 2016
sahara-group-chairman-subrata-roy

Sahara's cash deposit with SEBI now stands at Rs. 10,000 crore

Payment of bail bond amount was not a guarantee for Roy's freedom as the company's principal liability is Rs. 24,000 crore, the SC asserted. Aug 4, 2016
IB Times

GST Bill fails to trigger bull run on BSE

The GST Bill's smooth sailing in the Rajya Sabha on Wednesday fails to impact stock markets on Thursday. Aug 4, 2016
Oil platform

Oil prices bounce after US gasoline inventory draw

The jumps on Wednesday and Thursday marked at least a temporary end to a sharp downward trend since June. Aug 4, 2016
emirates airlines EK521

Emirates Boeing 777 crash-landing: What we know so far about the Thiruvananthapuram-Dubai flight

Here is everything you need to know about the crash landing of flight EK521. Aug 3, 2016
An employee of Infosys stands at the front desk of its headquarters in Bengaluru

Infosys invests $4 million in Israeli cloud management start-up

Infosys is focusing on its platform business and has developed a cloud ecosystem hub similar to what Cloudyn offers. Aug 3, 2016
quess ipo bombay stock exchange bse shares stocks sensex public issue shares

Emami's Q1 net profit falls 35% on higher finance, lower other income

Emami, with 2,900 distributors across the country, is one of the fastest growing FMCG firms in India. Aug 3, 2016
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