Monthly Archive:: February 2017

Havells likely to buy Lloyd Electric’s consumer business for Rs 1500 crore, to get toehold in room AC segment

Havells India is in advance negotiations with Lloyd Electric and Engineering Limited to acquire its consumer durables business for around Rs 1200 -1500 crore, to get a toehold in the fast growing Indian air conditioners market that

Reliance Communication to seal 3 deals, including Aircel merger, by mid-2017

Reliance Communication (RCom) expects to complete three proposed deals, including a merger with Aircel, by the middle of 2017. The Anil Ambani-led telecom company agreed to sell a 51% stake in Reliance Infratel, the company’s tower unit,

Highlights Of Union Budget 2017-18

Major Highlights of Union Budget 2017: Total Budget of ₹ 21.47 Lakhs crores for 2017-2018. Increase in Direct Tax collection by 34% after demonetisation. Holding period for LTCG for Land & Building reduced to 2 years. Carried