Equitymaster

Stories by Equitymaster

Budget fails to cheer IT sector

Budget fails to cheer IT sector

Rediff.com   7 Jul 2009

The increase in MAT from 10% to 15% is expected to increase the tax liability of the companies and thereby decrease their net profit figures.

India's pharma cos can now invest more in R&D

India's pharma cos can now invest more in R&D

Rediff.com   7 Jul 2009

Reduction in customs duty on certain bulk drugs used in making life saving drugs to 5% is a positive for companies having product pipeline catering to these segments.

Budget: Large engineering cos to benefit

Budget: Large engineering cos to benefit

Rediff.com   7 Jul 2009

Allocation under APDRP which has been increased by a generous 160% YoY will benefit T&D companies.

Budget: A big boost to India's banking sector

Budget: A big boost to India's banking sector

Rediff.com   7 Jul 2009

No prior approvals required for setting up off site ATMs will enable banks speed up their franchise expansion.

Steel consumption to rise in India

Steel consumption to rise in India

Rediff.com   7 Jul 2009

Plans to cover long distance gas pipelines would mean increase in demand for steel pipes and tubes.

Budget: India's electronic media may benefit

Budget: India's electronic media may benefit

Rediff.com   7 Jul 2009

The abolition of FBT will help reduce the employee cost in electronic media companies who had witnessed escalating costs of late.

More investment likely in India's energy sector

More investment likely in India's energy sector

Rediff.com   7 Jul 2009

The downstream segment will enjoy greater visibility on excise duty as branded petrol and diesel will now attract specific duty.

Aluminium consumption to rise

Aluminium consumption to rise

Rediff.com   7 Jul 2009

Increase in tax exemptions for citizens would result in higher disposable income.

Textile: Budget sops will prevent job loss

Textile: Budget sops will prevent job loss

Rediff.com   7 Jul 2009

Extension of 2% interest subvention for textile sector will reduce the interest burden on the P&L of textile companies this fiscal.

Budget likely to help retail sector grow

Budget likely to help retail sector grow

Rediff.com   7 Jul 2009

Increase in disposable income is expected to result in increased spending on lifestyle products.

Strong GDP growth would aid tourism

Strong GDP growth would aid tourism

Rediff.com   7 Jul 2009

The higher outlay for the Commonwealth Games would aid the hotel sector in faster execution of the projects in the NCR region.

Infrastructure in urban areas to improve

Infrastructure in urban areas to improve

Rediff.com   7 Jul 2009

Increased allocation to NHAI would mean better road connectivity across the country, thus enhancing the trade flow.

India's auto ancillary cos to focus more on R&D

India's auto ancillary cos to focus more on R&D

Rediff.com   7 Jul 2009

Higher defence and agri credit allocation will encourage new vehicle buying which in turn will benefit the industry players.

Telecom industry can now eye more rural customers

Telecom industry can now eye more rural customers

Rediff.com   7 Jul 2009

Lower CVD on accessories, parts and components will help in keeping the cost of handsets low.

Budget: Rural electrification gets a boost

Budget: Rural electrification gets a boost

Rediff.com   7 Jul 2009

Reduction in excise duty on naphtha to lead to lower electricity costs for generation companies using this fuel as replacement for gas.

Budget: A major boost to FMCG sector

Budget: A major boost to FMCG sector

Rediff.com   7 Jul 2009

Exemptions on the personal income tax would increase the income in the hands of the consumers, thereby increasing spending.

Budget a boon to India's cement sector

Budget a boon to India's cement sector

Rediff.com   7 Jul 2009

The increased focus on infrastructure development and housing sector is expected to raise demand for cement,

Price cuts, competition not to hurt HLL

Price cuts, competition not to hurt HLL

Rediff.com   11 Mar 2004

Power: Where are we heading?

Power: Where are we heading?

Rediff.com   10 Mar 2004

Investors bullish, says poll

Investors bullish, says poll

Rediff.com   10 Mar 2004