In trade and industry, economies of scale help all stakeholders. Companies benefit significantly as they enjoy more bargaining power with vendors and raw material suppliers because they procure in massive quantities.
“We propose to create an integrated public sector ‘oil major’ which will be able to match the performance of international and domestic private sector oil and gas companies.” With this Budget 2017 speech Finance Minister set the ball rolling on merger of public sector oil companies. Analysts have welcomed the move but say that such […]
The proposal of laying 3,500-km new rail lines by the Indian Railways would boost the order portfolio of state-run Steel Authority of India Ltd (SAIL).
The grand plan to merge state oil companies will be executed in a time-bound manner but the outcome may not be one giant company that absorbs all firms.
The Union Budget 2017 was presented in the parliament on 1 February 2017. The budget gave infrastructure status for affordable houses and it also promised tax relief for real estate developers
Increasing solar power generation in the country and elsewhere, along with rising industrial demand from the US and China, has pushed silver prices up 8% in January and the trend is likely to continue through the year
Union Minister of State for Power Piyush Goyal’s confident smile at the ‘Budget Verdict’ show at the Hyatt Regency in New Delhi on Thursday evening underscored the aphorism that “Nothing succeeds like success”.
Union Budget Has Given MSMEs Engaged In Power, RE, Coal and Mines An Competitive Edge : Piyush Goyal
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Thursday that the Micro, Small & Medium Enterprises (MSMEs) have been made competitive with the announcement in the Budget 2017 over reduction of Corporate Tax to 25% up to turnover of Rs. 50 crores.
LED lighting companies will meet power minister Piyush Goyal against imposition of import duty on input components. Budget 2017 proposes to levy 5% basic customs duty on all parts and inputs used in manufacturing of LED lights.
In the first combined announcement of the Rail and Union Budget Wednesday, the Railways Ministry was caught off-guard when Finance Minister Arun Jaitley announced that three of its public sector undertakings (PSUs)