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Popular Articles

Pvt carriers still booking tickets for Aug 18
Under attack from the government, the agitating private airlines who are demanding a bailout package, have kept bookings open for customers who want to fly on Aug 18, the day they have threatened to go on strike.

Indiabulls bourse gets FMC nod
The Indian Commodity Exchange (ICEX), promoted by public sector MMTC Ltd and Indiabulls Financial Services, has got recognition from the commodity market regulator, the Forward Markets Commission (FMC). FMC Chairman B C Khatua confirmed this.

News of the day

Exemptions under dual GST are key challenges
One of the key challenges in the implementation of a Goods and Services Tax (GST) is with regard to exemptions from the tax for specified goods and services. In the Indian context, given the plethora of exemptions that currently exist in regard to numerous goods and services, under the respective Central and state laws, the challenge is a larger one. The matter gets complicated if one were to consider that in addition to the exemptions, there exist exemptions from the tax, both Central and State, that are based on the geographic locations of the manufacturing units. These are commonly known as area based exemptions.
Public Company

Uttam Galva hikes prices by Rs 2,000/tonne

Uttam Galva Steels, a manufacturer and exporter of value added steel product, has increased the prices of galvanised and cold rolled steel products by Rs 2,000 per tonne with effect from 15 August. The price hike is due to the mismatch in supply and demand of HR Coil in the domestic market as imports of HRC are restricted, the company said in a statement. - Uttam Galva hikes price of galvanised steel - Cellebrum Technologies now Spice Digital - Tata, JSW and Essar Steel in fray to acquire Shree Precoated - Steel producers mulling price hike in flat products - Dual GST structure favoured - Exempt infra projects from excise duty, VAT, CST: Assocham In the domestic market, the company is a major supplier to the automobile, white goods, general engineering and construction industries. Some of its major end users include Bajaj Auto, Bajaj Tempo, M&M, Kirloskar, Crompton, L&T, etc. The company currently exports its products to more than 142 countries including Australia, France, Germany, Greece, UK and USA. On the Bombay Stock Exchange (BSE), the share prices of the company jumped 20 per cent on Wednesday to close the trading session at Rs 73.20.


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