tax reforms


Germany's Deutsche Bank blames US tax reforms for 2017 loss

Feb 02 2018

Germany's biggest lender Deutsche Bank said that Donald Trump's tax reforms in the US pushed it into the red in 2017.

Deutsche Bank posts third consecutive annual loss in 2017

Feb 02 2018

Deutsche Bank posted its third consecutive annual loss in 2017, taking a hit from challenging markets, a drop in investment bank revenue and a US tax reform.

Harley-Davidson shipments disappoint, shares drop 6 percent

Jan 30 2018

Harley-Davidson fell short of its targets for motorcycle shipments in 2017 and forecast a drop in numbers for this yr, sending the Milwaukee-based company’s shares down.

Pfizer profit tops estimates, books $11 billion tax gain

Jan 30 2018

Pfizer Inc beat analysts’ estimate for adjusted profit helped by strong demand, while also reporting an $11 billion gain from the new tax law.

Let's celebrate growth but not forget risks facing global economy

Jan 26 2018

IMF chief Christine Lagarde said all major developed and developing economies are doing well and let's celebrate but not forget risks facing global economy.

Honeywell raises 2018 profit forecast on tax benefit

Jan 26 2018

US industrial conglomerate Honeywell International Inc reported a better-than-expected quarterly profit and raised its 2018 earnings forecast, citing lower tax rates.

Lenovo to make $400 million one-off charge on US tax reforms

Jan 20 2018

Lenovo Group Ltd said it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

Bank of Canada hikes rates, says accommodation still needed

Jan 17 2018

The Bank of Canada raised interest rates, as expected, but said that while more rate hikes are probably warranted.

Ficci urges govt to bring down corporate tax to 28% in Budget

Jan 04 2018

Industry body Ficci urged the government to lower the corporate tax rate to 28 percent from 30 percent in the forthcoming Budget.

Goldman Sachs loses on tax swings, gains on roundabouts

Dec 30 2017

Goldman Sachs is going to lose on the swings but gain on the roundabouts as a result of President Donald Trump’s tax reforms.

Indian Markets


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Stocks In News



Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst


4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years


Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey


Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations


To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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