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Reliance Jio’s 4G speed not the fastest, report says
342 Views, 03-02-2017, Courtsey News Live

: Reliance Jio’s claim of having the best 4G speed has been punctured by a report by Credit Suisse. Although Jio’s network coverage is significantly greater compared to other operators but it lags behind in speed to Airtel, apparently due to the load on its network following the free dat...Read more

ICICI Bank net profit declines 16%
178 Views, 31-01-2017, Courtsey News Live

: ICICI Bank has posted a 16.4 per cent decline in consolidated net profit for the quarter ended December 31, 2016. While profit posted in this quarter is Rs 2,610.83 crore, the bank posted a consolidated net profit of Rs 3,122.35 crore in the corresponding quarter of the previous fiscal. The bank ...Read more

Tech Mahindra Q3 profit rises by 14%
139 Views, 30-01-2017, Courtsey News Live

: Tech Mahindra has posted an about 14 per cent jump in consolidated net profit at Rs 856 crore for the third quarter of the 2016-17 fiscal. The IT company reported a net profit of Rs 751.3 crore for the corresponding three-month period of the previous fiscal year (2015-16). Income from operations...Read more

FM could hike service tax in Union Budget: Tax experts
153 Views, 29-01-2017, Courtsey News Live

: Union Finance Minister Arun Jaitley is likely to raise service tax from 15% to 16-18 % in the Budget, tax experts said believe. Some tax experts say Jaitley could impose different service tax rates --- 12 per cent tax for basic services and a higher 18 per cent for the rest.  The Union Fina...Read more

Maruti Suzuki to hike prices across all models
172 Views, 28-01-2017, Courtsey News Live

: In what can be bad news for people planning to buy a car in the coming days, particularly a Maruti Suzuki car, reports suggests the country’s largest automaker will hike prices of its cars. The hike in prices will range between Rs 1,500 for the Alto and the WagonR, while the Baleno price has...Read more

Ahead of Union Budget, Sensex & Nifty close at three-month high
140 Views, 27-01-2017, Courtsey News Live

: Amid optimism and high hopes from the Union Budget to be tabled by Union Finance Minister Arun Jaitley on Feb 1, Indian stocks made the best weekly gain in eight months. Local stocks also rode a global equity rally which saw the Dow Jones Industrial Average cross the landmark of 20,000 points ear...Read more

FM may cut taxes in Budget: Experts
154 Views, 26-01-2017, Courtsey News Live

: Finance Minister Arun Jaitley may lower taxes in next week\’s Budget following a slump in demand following demonetisation, media reports say. However his task might not be easy considering inavailability of precise projections of indirect tax collection in 2017-18 due to GST.  Direct t...Read more

HDFC Bank December quarter profit up 15%
105 Views, 24-01-2017, Courtsey News Live

: Private sector HDFC Bank today reported its lowest-ever quarterly profit growth at 15 per cent at Rs 3,865.3 crore for the December quarter, pulled down by a margin compression following the note-ban and foreign currency deposit redemptions. The city-headquartered lender, which had made a name fo...Read more

Govt to set FY18 fiscal deficit target at 3.3-3.4 pc: Reports
141 Views, 23-01-2017, Courtsey News Live

: Government is likely to set fiscal deficit target in the range of 3.3-3.4 per cent of GDP for the financial year 2017-18 in the upcoming Budget, say research reports. The Budget for the financial year 2017-18 will be presented on February 1. "We think that the government will have to tread ...Read more