Hit

Iran sanctions not to hit crude supply, says MRPL

The private power companies such as JSW Energy, Tata Power, Reliance Power and Adani Power are expected to see their return on equity (ROE) fall by 4-5 per cent following the hike in coal cess by Rs 50 per metric tonne, and a rise in the minimum alternate tax (MAT) by 3 per cent, according to analysts.

The finance whizs at India’s major corporate groups who make a living minimising the tax paid on profits will have to work even harder thanks to the finance minister’s proposal

Indian group likely to acquire 51% for around Rs 880 crore

Foreign investors sold shares worth more than $12.5 billion so far this year.

British telecoms company BT Group said it was cutting 10,000 jobs overall.