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PSU stake divestment to aid wealth creation

DNMUM390888 | 6/20/2017 | Author : G Chokkalingam | WC :445


It is reported that the government is planning auction route to divest the stake in one of the mid-sized public sector undertakings (PSUs) engaged in the dredging business. Auction route would bring out the true potential in the value of PSUs by promoting healthy competition among the entrepreneurs. It is also for the first time after a couple of decades the government has proposed to go for strategic stake sale in several mid-sized PSUs like BEML, Dredging Corporation, Shipping Corporation of India, etc.
The non-tax revenue of the government is likely to grow at slower pace in the current fiscal due to the fall in revenues from the telecom sector. The Department of Telecom expects its revenue to decline by as much as 38% to Rs
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Executor, performer, manager vs revenue
DNMUM412754 | 4/24/2018 12:00:00 AM | Author : Rama Moondra | WC :547

Alfred P Sloan took over as president of General Motors (GM) in 1923. Ford was the dominating the sector with 60% share of the US car market against GM’s 20%. Sloan realised that GM needed a different price strategy as well as market penetration and
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Rate hike would hamper growth
DNMUM412759 | 4/24/2018 12:00:00 AM | Author : G Chokkalingam | WC :393

Last week the 10-year benchmark bond yield hit over two-year high as the minutes of the monetary policy committee (MPC) revealed the preference of a member “to vote for a beginning of the withdrawal of accommodation in the next MPC meeting in June.”
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Markets end flat amid choppy trade
DNMUM412760 | 4/24/2018 12:00:00 AM | Author : DNA Money Correspondent | WC :139

Mumbai: The benchmark indices rose to their highest level in two months on Monday, though volatility continued throughout the trading session due to negative Asian cues, Europe market opening lower and rupee weakening. Sensex closed at 34450.77 after
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How changes in new ITR forms will impact you
DNMUM412761 | 4/24/2018 12:00:00 AM | Author : Kumar Shankar Roy | WC :783

There are over 25 changes in current year Income Tax Return (ITR) forms this year. For the common person, it is important to understand the key implications of the ITR form changes so that you can easily finish the task of filings your income tax

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