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Friday, April 21, 2017

Apr 21, 2017 - Tata Steel board approves raising Rs9,000 crore via debt securities

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Under GST, all taxable entities will have to file three monthly returns and one annual return, all within a stipulated period. One return is for outward supplies of taxable goods and/or services affected, another for inward supplies, and the third one is for finalisation of details of outward supplies and inward supplies along with the payment of the tax. This comes to 37 returns a year. And this is for an entity that operates in only one state. If the entity has operations in more than one state, the number will multiply. Every taxpayer will have to get itself registered in each state where it has an operation. The condition for claiming input tax credit will put many small entities at the risk of losing business. Since the law puts the onus of ensuring that suppliers pay tax and file returns on time on buyers - as non-payment will delay input credit - large buyers will shift their businesses to more compliant suppliers. Smaller enterprises risk losing business to bigger players that have the wherewithal to better comply with the GST rules. More here

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Tata Steel board approves raising Rs9,000 crore via debt securities

Tata Steel board has approved issue of debt securities of up to Rs9,000 crore in order to refinance existing debt and to meet working capital requirements

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Kumar Mangalam Birla said to eye booming global carbon fibre market

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Samara Capital acquires facilities management company Sanjay Maintenance Services

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Govt sells 9.2% stake in Nalco, raises Rs 1,200 crore

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Kishore Biyani to demerge home business from Future Retail

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Puma enters into strategic tie-up with India's ShopX to sell sportswear online

Hindustan Times
Puma enters into strategic tie-up with India's ShopX to sell sportswear onlineWithin a year of launch, ShopX has empowered 45,000 retail partners across 230 towns in 10 states; serving more than 3 million customers. The company aims to provide the 600-million middle-income population in India access to digital commerce through ...articles 

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Huawei India joins Redington to expand reach

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Unilever says India business growth has recovered after demonetisation

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Patanjali eyes 20 per cent share in country's processed food market

"The food processing industry is worth around Rs 85,000 crore and Patanjali has a share of around 10 per cent."

Patanjali eyes 20 per cent share in country's processed food market

"The food processing industry is worth around Rs 85,000 crore and Patanjali has a share of around 10 per cent."

Unilever wins battle in shareholder value war

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When Fair is not Lovely, how Fair and Handsome targets to be Rs 1000 cr brand

Recently, endorsement of fairness cream by Bollywood actors has been criticized vehemently where the notion of ‘fairness makes you better’, has be..

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

The industry expects Iran to purchase at least 1 million tonnes this financial year

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Made-in-Chennai tiffin box becomes a hit in the US, thanks to Vaya Life

Vaya Life wants to rejuvenate mundane home products like the lunch box with great design and cultural aesthetics. Remember the stainless steel dabba that y

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ITC to launch new products, segments to topple Nestle, Britannia in packaged-foods industry

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India growth story! You may miss the bus if you can't smell the opportunity

Indian economy is on the cusp of delivering growth at an accelerated pace driven by reforms.

eBay plans to close sale to Flipkart in second half of year

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