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Moody's says corporate tax cut to boost net income of companies

Moody's says corporate tax cut to boost net income of companies

AgenciesHe said the extent of final impact on credit profiles of Indian corporates will depend on "whether they utilize the surplus earnings for reinvestment in business, debt reduction or high shareholder returns."Moody's Investors Service on Friday said the government

Tax cut: Nifty earnings set to get a boost of 6-7%, say D-St experts

Tax cut: Nifty earnings set to get a boost of 6-7%, say D-St experts

Getty ImagesMumbai: Nifty earnings are likely to get a boost of up to 6-7 per cent after Finance Minister Nirmala Sitharaman proposed to slash corporate tax for domestic and new local manufacturing companies, say analysts. Gautam Duggad, Head of Institutional Research

Stock market update: Nifty IT index dips; Infosys, TCS among top losers

Stock market update: Nifty IT index dips; Infosys, TCS among top losers

Getty ImagesBenchmark NSE Nifty50 index closed 569.40 points up at 11,274.20.NEW DELHI: IT shares closed on a mixed note in Friday's session as rupee edged higher against the greenback after Finance Minister Nirmala Sitharaman announced a slew of measures to boosting th

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