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Budget 2012 measures will lead to savings of Rs 5-10/tonne of coal: India Cements
Thu 22 Mar, 2012 6:11 PM IST
NDTV 6:01 | 376 views
VM Mohan, CFO of India Cements says that Budget 2012 measures will lead to savings of Rs 5-10/tonne of coal. However, there will be no significant savings as far as coal imports are concerned. "Excise Duty hike will lead to price hikes between Rs 2-12/bag," he adds.
Budget 2012 measures will lead to savings of Rs 5-10/tonne of coal: India Cements
Thu 22 Mar, 2012 6:11 PM IST
NDTV 6:01 | 73 views
VM Mohan, CFO of India Cements says that Budget 2012 measures will lead to savings of Rs 5-10/tonne of coal. However, there will be no significant savings as far as coal imports are concerned. "Excise Duty hike will lead to price hikes between Rs 2-12/bag," he adds.
Dear Pranab Babu: Roll back hike in service tax
Wed 21 Mar, 2012 9:03 PM IST
NDTV 1:50 | 50 views
Nishant Kumar Gupta, manager at Pind Baluchi says the hike in service tax will hit consumers who visit hotels and restaurants. He requests finance minister Pranab Mukherjee to bring back service tax rates at 10 per cent.
Dear Pranab Babu: Roll back hike in service tax
Wed 21 Mar, 2012 9:03 PM IST
NDTV 1:50 | 62 views
Nishant Kumar Gupta, manager at Pind Baluchi says the hike in service tax will hit consumers who visit hotels and restaurants. He requests finance minister Pranab Mukherjee to bring back service tax rates at 10 per cent.
TRAI's decision to limit ad frequency may lead to digitization: E&Y
Wed 21 Mar, 2012 6:07 PM IST
NDTV 12:53 | 36 views
Telecom Regulatory Authority of India (TRAI) has proposed for a 50 per cent cut in the airtime of television advertisements, saying that it will limit frequency of ads and give a better viewership experience. Commenting on this development, Devendra Parulekar, Partner, Ernst & Young told NDTV Profit that a lot of customers complaints had come to TRAI about the ad frequency and hence, the authority has taken this decision. "TRAI's decision will lead to digitization but TRAI is halving the amount of ad invent
Market in consolidation mood, buy banks, avoid IT stocks: Sanjiv Bhasin
Wed 21 Mar, 2012 6:07 PM IST
NDTV 5:09 | 25 views
Independent investment advisor Sanjiv Bhasin told NDTV Profit that the markets are likely to consolidate at 5200-5400 levels. "Breakout is seen on upside from next week up to 5600 levels," he said. Bhasin expects the fourth quarter earnings to come better-than-expected. "Expect domestic macros to improve and benefit markets," he added. He suggests buying Axis Bank, Indusind Bank and Canara Bank stocks, while he advises selling Infosys and TCS stocks.
Budget 2012: Bicycle demand to go down as prices will rise, says Atlas Cycles
Wed 21 Mar, 2012 5:29 PM IST
NDTV 5:43 | 43 views
ID Chugh, Whole Time Director of Atlas Cycles Ltd expects demand to be impacted as bicycle prices might go up post the Union Budget. "Naturally the imported bicycles which were coming from China are going to be costly. Also, the impact duty hike on raw materials has also increased prices of bicycles as the prices of steel, chemicals, paints and freights has gone up," he says.
Budget 2012: Bicycle demand to go down as prices will rise, says Atlas Cycles
Wed 21 Mar, 2012 5:29 PM IST
NDTV 5:43 | 24 views
ID Chugh, Whole Time Director of Atlas Cycles Ltd expects demand to be impacted as bicycle prices might go up post the Union Budget. "Naturally the imported bicycles which were coming from China are going to be costly. Also, the impact duty hike on raw materials has also increased prices of bicycles as the prices of steel, chemicals, paints and freights has gone up," he says.
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