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Now an effective GST rate of 5% will be applicable on the value of a non-affordable under-construction property, and not 18% on two-thirds of its value, as before.

Builders may pass on input tax to buyers

Affordable home prices may be raised by 2-3%.

5 March 2019 2:35 AM IST

IT stocks declined up to 6% on Friday due to concerns over tightening of H1-B visa norms. Shares of Infosys dropped 3.11%, TCS fell by 0.55% on the BSE.

Six of top-10 firms lose Rs 42,827 cr in m-cap

The m-cap of Tata Consultancy Services (TCS) slumped Rs 14,146.5 crore to Rs 7,55,636.47 crore.

14 April 2019 2:10 PM IST

On March 18, Hotel Leelaventure Ltd had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur.

NCLT asks Sebi to conclude probe into ITC, LIC allegations against...

Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.

28 May 2019 7:56 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Nifty closes below its intermediate hurdle

In the Nifty 50 basket of shares 34 ended higher while 16 closed lower.

15 May 2019 1:40 AM IST

Sanjiv Puri appointed ITC Chairman

Puri, who has been Managing Director, will now be Chairman and Managing Director, the company said.

14 May 2019 2:19 AM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC Q4 net profit rises 18.72 pc to Rs 3,481.9 crore; Sanjiv Puri is...

Shares of ITC closed 3.09 per cent down at Rs 288.50 on the BSE.

13 May 2019 4:41 PM IST

ITC Non-executive Chairman Y C Deveshwar (Photo: File)

ITC Chairman Y C Deveshwar passes away at 72

Deveshwar was appointed on the board of the company in 1984 and took the charge as its CEO in 1996.

11 May 2019 12:23 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Six of top 10 most valued firms lose Rs 53,459 crore in market...

RIL, TCS, HDFC Bank, HUL, HDFC and ITC witnessed a drop in their market capitalisation or the week ended on June 21.

23 Jun 2019 3:20 PM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC helping farmers to improve farm income

ITC identifying 'progressive farmers' in terms of volume of yields and making them learn best practices.

22 Jun 2019 6:57 AM IST

ITC Chairman Sanjiv Puri

ITC to manage hotels, expand in South Asia

The entire amount will be invested over the next few years, ITC Chairman Sanjiv Puri said in Kolkata on Tuesday.

12 Jun 2019 2:38 AM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi directs Hotel Leela to make more disclosures to shareholders on...

Sebi had received complaints from ITC and LIC alleging violations by promoters and JMF ARC in respect of asset sale.

24 July 2019 1:20 PM IST

Looking for acquisitions, to foray into new FMCG categories: ITC's...

The company is seeking to be an engine of growth for Indian economy through a vibrant portfolio of future-ready...

12 July 2019 1:09 PM IST