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Sensex zooms 414 points after Moody’s ups India rating

Mumbai: The BSE Sensex today skyrocketed 414 points to 33,521 and the NSE Nifty raced past 10,300 as banking stocks led a solid rally after Moody’s upgraded India’s sovereign credit rating. (50-0)

Falling orders from Army canteens drag sales of consumer goods companies

2017-11-16 livemint
Mumbai: Falling order volumes from the Canteen Stores Department (CSD), India’s largest organized retailer, continued to drag down FMCG companies’ sales even as they reported volume-led growth returning in the September quarter.

Hindustan Unilever Limited - Updates

2017-11-14 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

India’s Four-Month-Old Tax Regime Revamped After Businesses Suffer - Bloomberg

2017-11-14 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Eveready-McLeod team up to brew packet tea business

2017-11-13 thehindubusinessline
The ₹10,000-crore worth packet tea market accounts for roughly 50 per cent of the country’s total tea consumption pegged at one billion kg (4-0)

Market Update: JP Associates zooms over 16%, TCS top Nifty gainer; Coal India falls 3.3%

2017-11-13 moneycontrol
The Nifty and the Sensex extended their afternoon loses with the Nifty shedding 57 points while the Sensex was down 141 points. (21-0)

Market Update: HDFC, BPCL top losers, RComm tanks over 10%; Axis Bank hits fresh 52-week high

2017-11-13 moneycontrol
The Nifty and the Sensex extended their morning loses with the Nifty shedding 44 points while the Sensex was down 87 points. (19-0)

Sensex extends gains, up 103 points despite weak IIP data

Mumbai: The benchmark BSE Sensex extended gains for the third straight day by jumping 103 points today on continuous buying by investors despite disappointing macroeconomic data. (10-0)

Market Update: SBI, TCS, MM top Nifty gainers; Axis Bank, HUL hit new 52-week high

2017-11-13 moneycontrol
The Indian benchmark indices on Monday morning were trading on a negative note with the Nifty down 34.20 points or 0.33 percent while the Sensex shed 74.40 points at 33240. (19-0)

News Highlights of the day: Rebel MPs prepare no-confidence letter against British PM Theresa May

2017-11-12 moneycontrol
That's all for Sunday, readers. Thanks for staying on with our coverage of the day's action. Your enthusiasm encourages us to better our coverage every day. Do come back tomorrow for more news, views and insights. (7-0)

What the revision in GST rates means for consumers

2017-11-12 livemint
Mumbai: Prices of a large variety of consumer goods are expected to come down after the goods and services tax (GST) Council decided to move 178 items from the highest tax bracket of 28% to 18% on Friday. However, restaurants are expected to increase menu prices since, despite a lower rate of 5%, they won’t be able to claim input tax credits.

Six of top 10 most valued firms lose Rs 60,422 cr in m-cap

2017-11-12 thehindubusinessline
The combined market valuation of 6 of the top-10 most valued Indian companies together took a knock of Rs 60,422.54 crore last week, with RIL being the hardest hit. (8-0)

HUL, Patanjali and other FMCGs hail tax reduction, say will pass benefits to consumer

2017-11-11 moneycontrol
Consumer product makers, including HUL and Patanjali, today hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers.

Nestle net profit up 23% on boost from domestic sales

2017-11-10 livemint
New Delhi: Noodles-to-chocolates maker Nestle India Ltd posted a 23% rise in profit for the quarter ended 30 September, buoyed by higher domestic sales. (1-0)

Stocks get a GST push, but suffer weekly loss

Mumbai: Markets managed to beat a spell of fluctuations towards the fag end today and closed with modest gains, giving a guarded response to the GST Council’s decision to reduce tax rate on a host of daily-use items. (10-0)