He had also said that post-GIM 2019, Tamil Nadu had attracted 63 projects, with an investment of ₹19,000 crore, which would create 83,300 jobs. These include investments from Japan, Germany, South Korea, the United States of America and the United Arab Emirates. … [Read more...] about Foreign Direct Investment inflows into Tamil Nadu declined by 8.5% in 2019-20
2019 05 19
The United Kingdom (UK) with 1,604 new cases now has over 2.72 lakh positive cases. After almost three-month COVID-19 halt, elite competitive sport in England can resume from Monday behind closed doors provided strict conditions are met, the government said on Saturday. … [Read more...] about Over 60.9 lakh coronavirus cases worldwide; death count mounts to 3.68 lakh
What should I read next?Quiz: Do you know how much sugar is in the food you eat?You're probably not eating enough veggies — or fruit, or grains, or dairy, or lean meatHealthy lunches don't have to be expensive or time consuming Topics: diet-and-nutrition, primary-schools, child-health-and-behaviour, melbourne-3000, brighton-3186, broadmeadows-3047 … [Read more...] about What’s in our kids’ lunch boxes?
Shares of Bharat Heavy Electricals Ltd. gained 0.74 per cent to Rs 27.05 in Friday's trade as of 12:01PM (IST). The stock hit a high price of Rs 27.5 and low of Rs 26.15 during the session. The return on equity (ROE) for the stock stood at 3.27 per cent. Traded volume on the counter stood at 12:01PM shares and turnover at Rs 5.45 crore around that time. The stock of Bharat Heavy Electricals Ltd. quoted a 52-week high and 52-week low prices of Rs 75.5 and Rs 19.2, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.57. Promotor/FII Holding Promoters held 63.17 per cent stake in the company as of 31-Mar-2020, while overseas investors held 9.36 per cent and domestic institutional investors had 5.62 per cent. Key Financials The company reported consolidated sales of Rs 5459.24 crore for the quarter ended 31-Dec-2019, down 9.47 per cent from previous quarter's Rs 6030.16 crore and down 23.33 per cent from the … [Read more...] about Share price of Bharat Heavy Electricals Ltd. rises as Nifty weakens
Finance Minister Nirmala Sitharaman ushered in Deepavali early for Corporate India and the markets on Friday with her announcement of deep cuts in corporate taxes and roll-back of some market-unfriendly proposals in the Budget she presented in July. The move to cut corporate taxes, for which an ordinance has already been issued by the government, is on a par with if not higher than the sentiment-boosting ‘dream budget’ of 1997 when the then Finance Minister P. Chidambaram cut taxes with gusto. Corporate tax rate has been cut to 22% from 30% for companies that do not avail exemptions — this means that the effective tax rate for such companies will fall from 34.94% presently to 25.17% which is a significant saving indeed. Similarly, for companies that are incorporated after October 1 and whose projects will be commissioned before March 31, 2023, the tax rate will be as low as 15% (compared to 25% currently). The effective tax rate for this category of companies will be … [Read more...] about A deep cut: On corporate tax cuts