Within next 6 months, Indian business sector will see with many important reforming changes that are to be positive or negative as compare to present, Chief Economic Advisor Kaushik Basu remarked in his statement at the Washington-based think tank.
The reforms are in line of subsidies and diesel decontrol and FDI in retail, but as per him, reform in GST (Goods and Services Tax) may put investor in difficult situations as present is good for them. Read the rest of this entry…
This time any market sector that is under huge pressure is only the Aviation Sector and the Govt. decision regarding this result an increased demand of regular cash flow.
Continuously expanding financial amount for regular operating transaction due to growing competition in Aviation market is forcing Airline to perform better with high financial deals. Read the rest of this entry…
At the end of fiscal year March, Car auto firms boost the sale record as higher as demanding advanced purchases in fear of hike price during the budget 2012-13.
The major player of Automobile Market including Tata Motors, Mahindra & Mahindra and Honda Siel Cars India, all are hit high sales in the first half of the month.
Sunday, the firms revealed their statistical sales report that showed Honda hit a growth of 208 per cent Cars at 11,016 units with its small car Brio which record alone selling of 6,355 units. Read the rest of this entry…
In form of further assistance to Air India, the national carrier for equity infusion, Rs 4,000 crore are allocated in the earlier Budget report of Finance Minister Pranab Mukherjee that was too much high than last year.
While presenting his Union Budget 2012-13 to the Lok Sabha on Friday, Mukherjee said, “Budgetary support of Rs.4,000 crore has been earmarked for equity infusion in Air India Limited.”
Rs 1,200 crore had been proposed in the last budget 2011-12, and as per financial budget the targeted point is to improve the financial performance of Air India in the next fiscal. Read the rest of this entry…