NEWS-HIGHLIGHTS-BUSINESS
New Delhi, Jul 3 (PTI) Following are the top business New Delhi, Jul 3 (PTI) Following are the top business stories at 1800 hours today:
New Delhi: The finance ministry has removed additional excise duty on tobacco, pan masala and cigarettes with effect from July 1, following the GST implementation.
Mumbai: Indian markets rejoiced at the far-reaching tax reform GST, sending the benchmark Sensex higher by over 300 points — its biggest single-day surge in a month — on emergence of a big rally in FMCG and auto counters.
DCM71 BIZ-AUTO-LD PRICECUTS New Delhi: Passing on to customers the benefits under the new GST regime, automakers today announced price cuts ranging from Rs 350 in case of two-wheelers to Rs 3 lakh on Fords SUV Endeavour.
New Delhi: Reliance Corporate Advisory Services, an arm of Reliance Capital, today said it has made an investment of about Rs 7 crore (USD 1 million) in alternative digital lending startup Billionloans Financial Services Pvt Ltd.
New Delhi: Capital markets regulator Sebi today said it is "not happy" with the current state of affairs at credit rating agencies and will soon initiate public discussion for a new set of norms for them.
DCM66 BIZ-SEBI-LD GOVERNANCE New Delhi: Emphasising on the need for improved corporate governance practices at listed companies, Sebi chief Ajay Tyagi today said 20 per cent of public sector enterprises still do not have a single woman director.
New Delhi: Tata Global Beverages Ltd (TGBL) today appointed Tata Sons head N Chandrasekaran as Chairman with immediate effect.
DCM2 BIZ-PMI-MANUFACTURING New Delhi: Manufacturing growth eased to a four-month low in June owing to weak client demand, water scarcity and concerns related to GST, a monthly survey showed today, rekindling rate cut call.
New Delhi: Three days into GST regime, Cabinet Secretary P K Sinha today held a review meeting to take stock implementation of the new tax regime.