Company Overview and News
Any move to introduce job reservation in the private sector will hit India's investment climate and political parties must avoid sending "wrong signals" to investors, industry body Assocham said. At a time when the Indian economy is seeking positive triggers for growth revival, any political narrative on reservation in the private sector would bring in a big blow, it said. (79-0)
Real estate may not fully come under the Goods and Services Tax (GST) because the stamp duty and property tax can stay out of its ambit, suggests a presentation prepared for the GST Council, reports Business Standard. While work contracts for under-construction houses are under GST, the stamp duty and land are out of it. India is one of the few countries where sales of under-construction houses are greatly in vogue. (78-0)
The government has lined up 18 companies for strategic sales and has asked their administrative ministries to identify land that can be bundled and put on the block to make the deal more attractive, reports The Economic Times. The companies in which the government proposes to sell stake and hand over management control include Dredging Corporation of India, Central Electronics, Scooters India, Hindustan Prefab and Pawan Hans. (78-0)
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (8-1)
Honda, in a neck-and-neck race, to become no. 1 player in the over 17-million units a year domestic two-wheeler market, is increasing its focus to the hinterland for network expansion, which has crossed 5,500 now. In the current financial year alone Honda Motorcycle & Scooters India (HMSI) has added 300 dealerships opened and will be opening 200 more through the rest of the year.
Honda, in a neck-and-neck race to become the top player in the over 17-million units a year domestic two-wheeler market, is increasing its focus to the hinterland for network expansion, which has crossed 5,500 now.
T E Narasimhan & Gireesh Babu | Chennai Last Updated at September 17, 2017 02:08 IST
The government is in advanced stage to appoint advisor for proposed strategic stake sales in Scooters India .
Italian bike brand Ducati saw new suitors lining up for a potential buy-out while closer home Japanese bike giant Honda launched the most affordable scooter to further strengthen its presence in that segment. Here is a full list of such developments that you will need to know about the automotive world.
With forecast of a normal South-west monsoon and recovering bike sales after the effects of demonetisation, two-wheeler makers are lining up strong capex plans and a slew of new product launches to drive growth this fiscal.
Established in 1985, in technical and financial collaboration with Showa Corporation of Japan, Munjal Showa is among the pioneering global leaders in the manufacture of shock absorbers.
The government will opt for the strategic disinvestment route to sell of the stake in Scooters India
Even as the Supreme Court verdict on Wednesday banning sale of polluting BS-III vehicles was delivered, it has predictably led to a mad scramble among dealers to sell their old stock before April 1 deadline.
Government think-tank NITI Aayog is preparing a fresh cabinet note recommending closure of 7 more sick CPSEs as part of an exercise to tackle mounting losses incurred by these entities.
Niti Aayog is recommending immediate stake sales in 12 central public sector enterprises (CPSEs). Hindustan Antibiotics, Scooters India, National Textile Corporation, Fertilisers and Chemicals Travancore and Hindustan Fluorocarbons have been identified in the second round.
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