Budget bonanza: Dividend distribution tax may go

New Delhi: The Ministry of Finance is expected to remove the provision for dividend distribution tax (DDT) in the next budget.

Private capex growth to revive after FY20, says India Ratings

Mumbai: Private sector capital expenditure is expected to increase 5-8 per cent by Rs 1 trillion (US$ 15.69 billion) in 2018, higher than the 4 per cent FY13-17 average, according ...

Govt may exceed direct tax collection target of FY18 Budget estimates

Mumbai: Direct tax collections by the Central Board of Direct Taxes (CBDT) have increased 18.2 per cent year-on-year for April-December 2017 and might exceed the Rs 10 trillion (US...

Fundraising by Equity NFOs at 10-year high

New Delhi: The funds raised by new fund offers (NFOs) within the equity segment of the mutual fund (MF) industry rose to a 10-year high of Rs 223.33 billion (US$ 3.5 billion) in 20...

Fundraising through SME IPOs hits all-time high, rises Rs 134.2 mn in 2017

New Delhi: Initial Public Offers (IPOs) by small and medium enterprises (SMEs) in India received record funding of Rs 16.97 billion (US$ 265.96 million) in 2017 through 133 issues....

Equity folio addition hits 10-year high

New Delhi: The growth in the number of equity accounts has reached a 10-year high in FY18, with about 31,000 equity folios being opened a day in December 2017.

Gujarat tops national logistics index

New Delhi: The state of Gujarat has come out on top in the Logistics Ease Across Different States (LEADS) index which is based on different parameters like rail and roads network, ...

From food to cosmetics, home-grown brands belt up for the organic ride

Ahmedabad: With 2017 being a successful year for herbal-ayurvedic brands, new Indian organic labels in hair care, cosmetics, food and apparel are belting up to carve an organic nic...