Business

Toyota Kirloskar Motor announced an increase in prices of the Innova, Fortuner, Corolla and Etios effective from September 12, 2017 across all Toyota dealerships. The decision has been prompted by the raise in cess from 2-7 per cent across mid-size to large size cars and SUVs as amended by the GST Council. N. Raja, Director & Sr. Vice President, Marketing ...

Embattled Sahara group today said a Dubai investment fund has agreed to provide a loan of $1.6 billion (over Rs. 10,000 crore) against security of 26 per cent shares of its Aamby Valley project. “Royale Partners Investment Fund Limited of Dubai, headed by HE Sultan Al Ahbabi has entered into an agreement with Sahara to provide loan of $1.6 Billion ...

The GST Council, headed by Finance Minister Arun Jaitley, is meeting here today to discuss the quantum of cess to be hiked on luxury and mid-size cars, among other issues. Ahead of the meeting, Andhra Pradesh Finance Minister Y Ramakrishnudu said that he will highlight various demands that the state had made earlier. “After the implementation of GST, as per ...

Gold prices were trading higher by Rs 31 at Rs 30,419 per 10 grams in futures trade today as speculators raised bets amid a firm global trend. At the Multi Commodity Exchange, gold for delivery in far-month December was trading higher by Rs 31, or 0.10 per cent, to Rs 30,419 per 10 grams in a business turnover of 26 ...

The state has received Rs 280.7 crore in State GST (SGST) in the first return of the file filed by GST (Goods & Service Tax). While the Central GST (CGST) has received revenue of Rs 147.61 crore from the state. Although, SGST and CGST share equal stake, but the CGST’s share seems to be lower due to the profit of ...

Infosys promoters, including iconic co-founders N.R. Narayana Murthy and Nandan Nilekani, have offered to sell as many as 1.77 crore shares — worth up to ₹2,038 crore — in the company’s ₹13,000 crore buyback offer. The promoters group — which includes most of the founders and their families — have expressed their intention to be part of the company’s first ...

DAINIK NATION BUREAU Gold prices rallied for the second day on the back of positive global cues, rising by Rs 200 to Rs 30,400 per ten gram at the bullion market on Saturday. In Dehradun pure gold i.e. 24 carat gold price was Rs 30150 per 10 gram, 23 carat gold price was Rs 28900 per 10 gram and 23 ...

As much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, RBI said today, prompting opposition to question the efficacy of the government’s unprecedented note ban decision to curb black money and corruption. The Reserve Bank, which has so far shied away from disclosing the actual number of junked currency ...

The Reserve Bank will launch Rs 200 banknotes for the first time tomorrow, increasing availability of lower denomination currency in the system. The bright yellow coloured notes will hit the market just a day after the announcement by Finance Minister Arun Jaitley that the government has given go-ahead to the RBI to issue the new currency bill. “The Reserve Bank ...

Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU have threatened to go on strike against the government’s proposed consolidation move besides raising a host of other demands. Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off. Operations ...