Sun, Apr 23, 2017 | updated 11:03 AM IST

Sensex, Nifty drag after RS passes GST Bill; auto, infra gainers

Updated: Aug 04, 2016 12:07 IST      
Sensex, Nifty drag after RS passes GST Bill; auto, infra gainers

New Delhi, Aug 4 (ANI): With the clearance of the Goods and Services Tax (GST) Bill, the biggest tax reform since Independence, the market opened on a strong note and is still holding gains amid pressure.

The Sensex is trading up 72.03 points or 0.3 percent at 27769.54, while the Nifty is up 17.40 points or 0.2 percent at 8562.25.

Auto, Capital Goods, Healthcare and Metal indices are up with Tata Motors, Tata Steel, Bajaj Auto, Hero MotoCorp and Adani Ports are among the top gainers.

ICICI Bank, Lupin, Infosys and Asian Paints are among the losers.

Oil prices rose, extending gains from the previous session following a large draw in the US gasoline inventories and a big drop in the dollar since the end of July.

The US-dollar has lost two percent of its value since late July against a basket of other leading currencies as expectations of another rate increase faded.

Despite the price gains on Wednesday and Thursday, the traders said overall oil market conditions remained weak as production overhangs in both crude and refined products continuing to weigh on markets. (ANI)

Jakarta [Indonesia]/Bangkok [Thailand]/Singapore City [Singapore], April 22 (ANI): Japan's Shimizu Corporation has a history of over 200 years in building safe and reliable infrastructure, protecting these structures against natural disasters, and promoting the concept of environmental sustainability.

Full Story >>

New Delhi [India], Apr 22 (ANI): eShopbox an end to end ecommerce service provider has now on-boarded with Affiliate fulfillment program of all three major ecommerce players like Amazon, Flipkart and Snapdeal.

Full Story >>

New Delhi [India], Apr 22 (ANI-NewsVoir): Mindmine Summit, one of India's most influential ideas exchange platforms organized by the Mindmine Institute, an independent think tank set up by Hero Enterprise concluded its 11th edition in the national capital today.

Full Story >>

New Delhi [India], Apr 22 (ANI): The Indian Exhibitions, Conferences and Events Services Association (IESA), an apex organisation working towards the development of the exhibitions, conferences and events services sector in India, in collaboration with key industry bodies, government organisations including Department of Commerce, Ministry of Commerce & Industry, Government of India, Confederation of Indian Industry (CII), and Services Export Promotion Council (SEPC), organised the second edition of the India Expo Summit 2017 at the India Expo Centre and Mart, in Greater Noida, Uttar Pradesh.

Full Story >>

New Delhi [India], Apr 22 (ANI): Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry on Friday announced plans for GTA to join its Bedbank business unit.

Full Story >>

New Delhi [India], April 21 (ANI-Businesswire India): Next week the United Nations Global Compact will bring together over 300 leaders from business, finance, civil society, Government and the UN in New Delhi for its flagship regional event Making Global Goals Local Business - India. Taking place on 26 - 27 April at the Le Meridien Hotel, the forum will focus on advancing responsible business practices and catalyzing innovative business models to meet the Sustainable Development Goals (SDGs) in India and across the world.

Full Story >>

Mumbai [India], April 21 (ANI-Businesswire India): The EDPMS (Export Data Processing and Monitoring System) which has been introduced by the Reserve Bank of India (RBI) to monitor payments against export bills requires all banks to report in this system details of the export proceeds realization pertaining to the shipping bills filed after February 28, 2014.

Full Story >>

Service charge not mandatory now: Centre

Updated: Apr 21, 2017 17:44 IST

New Delhi [India], April 21 (ANI): Approving the guidelines on service charge, the Centre on Friday announced that service charge is completely voluntary and not mandatory.

Full Story >>

New Delhi [India], Apr 21 (ANI): The Central Board of Direct Taxes on Friday announced the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana (PMGKY) open for declarations up to March 31.

Full Story >>

New Delhi [India], Apr 21 (ANI): India's first unified technology based platform for startups IvyCamp has announced their partnership with leading corporates to offer the startups on its platform, complimentary and discounted packages for solutions that include technology credits, marketing, accounting, communication, and productivity solutions.

Full Story >>

New Delhi [India], Apr 21 (ANI-NewsVoir): Van Heusen, India's fashion forward power dressing brand from Aditya Birla Fashion and Retail Limited forayed into the Rs. 7000 crore men's Innerwear and Athleisure market in September 2016.

Full Story >>

New Delhi [India], Apr 21 (ANI-NewsVoir): NH Studioz, an initiative of Narendra Hirawat and Co. has successfully bagged the distribution rights of upcoming Bollywood movie Half Girlfriend.

Full Story >>

New Delhi [India], Apr 21 (ANI): India's leading integrated mobility conglomerate Formula Group has launched Formula2Ride, an in-demand self-drive car rental service platform.

Full Story >>

New Delhi [India], Apr 21 (ANI): A division of United Technologies Corp., Pratt & Whitney has announced today the certification of its customer training center in Hyderabad by the Directorate General of Civil Aviation, which is the Indian civil aviation regulator.

Full Story >>

New Delhi [India], Apr 21 (ANI-BusinessWireIndia): Before the digital era began, home loan processing was very unpredictable. However, with digitization, a whole new world of instant credit and instant loans was formed.

Full Story >>

New Delhi [India], Apr 21 (ANI): India's leading mobile balance management app True Balance in its report has revealed that the amount of data re-charged in India has now skyrocketed over 1GB.

Full Story >>

Payworld making rural India digitally equipped

Updated: Apr 21, 2017 11:55 IST

New Delhi [India], Apr 21 (ANI): Use of cash does not need education or customization. Currency enjoys the advantage of being universally recognized and accepted from time immemorial. It is an advantage that will always remain.

Full Story >>

New Delhi [India], Apr 21 (ANI): A report published by the Internet and Mobile Association of India (IAMAI) and Nielsen ranked Delhi number one regarding overall Internet readiness, overtaking last year's winner Maharashtra.

Full Story >>

New Delhi [India], Apr 21 (ANI): Warehousing giant Embassy Industrial Parks on Thursday announced the construction of a grade 'A' quality industrial and warehousing facility in its newly acquired property in Gurugram, Haryana.

Full Story >>

Patanjali to go global, says CEO Balkrishna

Updated: Apr 21, 2017 00:12 IST

New Delhi [India], Apr 21 (ANI): Patanjali Ayurveda's Co-Founder and CEO Acharya Balkrishna on Thursday announced that the company is planning to expand globally in the near future, while addressing a 'Made in India - Food Buyer Seller Meet' organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Agricultural and Processed Food Products Export Development Authority ( APEDA).

Full Story >>