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2018 welcomes branded hotels with double-digit tariff growth after 9-yr gap




a double-digit tariff growth, the first after a nine-year gap, is welcoming branded hotels in 2018. hotels have been able to negotiate a tariff increase of up to 15 per cent in their contracts with corporate clients for the calendar year 2018. corporate clients form more than half of the business fo...



brakes on double-digit profit growth of auto majors




rising sales volume and revenue are no longer translating into a corresponding rise in profit for top automobile firms like maruti suzuki, hero motocorp, bajaj auto, and ashok leyland. profit growth at these companies have considerably slowed down from high double-digit during the first half (h1) of...



commercial, industrial power tariff set to drop




power tariff for commercial and industrial consumers are set to drop as the states have resolved to prepare a road map to reduce cross subsidies by march 2018, in line with the tariff policy.the states passed a resolution at the national level power ministers conference here to "....bring in... refo...



solar tariff bottoms out, may not drop beyond all-time low of rs 2.44/unit




solar power tariff fall seems to have bottomed out and may not drop beyond an all-time low of rs 2.44 per unit in absence of well-structured bids and rising solar panel prices on demand pressure.the solar power tariff fell to an all-time low of rs 2.44 per unit in may last year during an auction for...



tablets in double digit decline as smartphones return to double digit growth




the tablet market saw a double-digit, year-on-year drop during q1, 2017, according to a preliminary report from research company strategy analytics. tablet shipments were down 10% year-on-year, while researcher counterpoint says smartphone shipments were up 11% year-over-year for the same period.tab...



tablets in double digit decline as smartphones return to double digit growth




the tablet market saw a double-digit, year-on-year drop during q1, 2017, according to a preliminary report from research company strategy analytics. tablet shipments were down 10% year-on-year, while researcher counterpoint says smartphone shipments were up 11% year-over-year for the same period.tab...



airtel q2 net tanks 76.5% to rs 343 cr on tariff wars with reliance jio




the country's largest telecom company bharti airtel on tuesday posted 76.5 per cent plunge in consolidated net profit to rs 343 crore for the september quarter, hit by the disruptive pricing of newcomer reliance jio and the resulting tariff war. it had posted a net profit of rs 1,461 crore for the...



vodafone eyes double-digit growth in northeast in fy18




vodafone india, which has invested over rs 700 crore in the northeast in the last one year, has said it will further ramp up investment in the region as the telecom major aims a healthy double-digit growth this financial year. "the northeast is an important and one of the fastest growing markets fo...



itc suggests trump impose up to a 35% tariff on imported solar modules




enlarge/ a solar farm under construction in punta gorda, florida, in 2016.kerry sheridan/afp/getty imagesshare this storythe international trade commission (itc) issued its recommendations for solar panel component tariffs on tuesday, a month after it decided that us manufacturers of cells and modul...



independent directors of tata chemicals, tcs get double-digit hikes




dev chatterjee  |  mumbai  july 17, 2017 last updated at 02:18 ist



mercedes-benz india eyes double digit growth in 2017




luxury car maker mercedes-benz india is eyeing double digit growth in 2017 and also to maintain leadership position in the category, an official of the company said on wednesday."our outlook in 2017 is to maintain double digit growth in 2017. in the months of january and february, the sales figures ...



rural economy, monsoons to boost fmcg firms in 2018: edelweiss report




in the next 12 months, consumer goods companies would see a revival, both in volume and margin terms, with an anticipated revival in the rural sector, said a report.with a few state elections and expected populist budget, the rural sector is anticipated to be prime beneficiary. this, coupled with im...



trump puts 30% tariff on imported solar cells and modules




enlarge/ long island solar farm.brookhaven national labshare this storyon monday afternoon, the trump administration released a fact sheet (pdf) detailing new tariffs on imports, including a tariff schedule for solar cells and modules starting at 30 percent.the solar tariff determination had been t...



trump puts 30% tariff on imported solar cells and modules




enlarge/ long island solar farm.brookhaven national labshare this storyon monday afternoon, the trump administration released a fact sheet (pdf) detailing new tariffs on imports, including a tariff schedule for solar cells and modules starting at 30 percent.the solar tariff determination had been t...



trump puts 30% tariff on imported solar cells and modules




enlarge/ long island solar farm.brookhaven national labshare this storyon monday afternoon, the trump administration released a fact sheet (pdf) detailing new tariffs on imports, including a tariff schedule for solar cells and modules starting at 30 percent.the solar tariff determination had been t...



audi drops engine size in new model names




audi has announced a new naming structure that will see its cars categorised by power output, rather than engine displacement. see related frankfurt motor show 2017 preview: what cars to expectriviera roots: the new ferrari portofinovolkswagen's next scirocco to go fully-electriccurrent models sol...



domestic air traffic doubles to over 100 mn in 7 yrs on low fares, oil




india has seen double-digit passenger growth for 40 months in a row and has been the fastest-growing domestic air travel market



fujifilm aims double-digit growth at rs 1,100 cr in fy18, business picks up




japanese photography and imaging major fujifilm is aiming for double-digit topline growth at rs 1,100 crore this financial year buoyed by opportunities in small towns as they come out of the crippling impact of the last year's note-ban.in the past five years, the company claims to have achieved 9 pe...



wind power projects' auction in gujarat: tariff tumbles to rs 2.43 per unit




in the long-pending tender issued by the gujarat government for wind power projects discovered a new low tariff of rs 2.43 per unit. leading players, including actis energy fund-backed sprng energy quoted rs 2.43/unit, french electric company engie, uk’s edf energy, gujarat based k p energy and p...



ppc aims to halt widespread fraud in its social tariff scheme | business




public power corporation head manolis panagiotakis said that as of next year social tariff beneficiaries who owe the company more than 10,000 euros will have their electricity supply cut off. public power corporation (ppc) is demanding a review of the criteria that customers must satisfy to qualify ...



fine print in donald trump's solar tariff holds some good news for tesla




electric vehicle maker and solar installer tesla inc. said on tuesday that it does not expect president donald trump's solar tariff to have much impact on its high-tech solar manufacturing ambitions, thanks to a clause exempting a vast amount of solar panel components from the levies. trump's order,...



goa hotels go for over rs 1 lakh per night on dec 31




it is a tale of the new tax. the new year’s eve demand for hotels at leisure destinations has triggered fourfold increase in room rates at popular holiday hot spots such as goa. consequently, the goods and services tax (gst) component on some of the hotels is higher than the usual tariff they comm...



maruti suzuki clocks 26% jump in august domestic sales




maruti suzuki, the country’s biggest car maker, has reported a strong double digit growth of 26 per cent in domestic passenger vehicle sales for august as dealerships prepare for the festive demand that begins later this month. maruti’s growth will also ensure a double digit growth in the indust...



car exports growth slips to six-year low at 2.6% in fy18




indian car exports, which expanded by 16 per cent in the last financial year, grew at a low single digit of 2.62 per cent during the april-august period, thanks to a decline seen by leading exporters like hyundai and nissan. both are seeing a double-digit decline in shipments.  data from the societ...



goa hotel tariffs hit the roof this new year's eve




it is a tale of the new tax. the new year’s eve demand for hotels has triggered a fourfold increase in room rates at popular holiday hot spots such as goa. consequently, the goods and services tax (gst) component on some of the hotels is higher than the usual tariff they command. take the case of ...