Tag Archives: 18%

Delhi cars to cost more as transport department hikes one-time parking charges up to 18 times

Car buyers will have to pay higher one-time parking charges in 2019 as the Delhi Transport Department has approved a recommendation for a hike by three municipal corporations of the city. According to the order, the charges will now range between Rs 6,000 to Rs 75,000. An order issued by outgoing Transport Commissioner Varsha Joshi on Friday said the new ... Read More »

Used car website Auto Trader’s profits up 18 per cent

Operating profit in the 12 months to March 31, 2017 was £203.1million, up 18 per cent on the previous year. The increase was driven by a 9 per cent increase in revenue, to £311million, and a 6 percentage point rise in operating margins, to 67 per cent. The group also declared a higher final dividend, bringing the total for the ... Read More »

Hotel Industry Warns Tourism To Suffer At 18% GST On Rooms

Mumbai: The Hotel and Restaurant Association of Western India (HRAWI) on Monday said the government’s four-tier structure in Good and Services Tax (GST), in which the service sector will be taxed at 18 per cent, will cause the tourism sector a major setback. In the recently-concluded meet on GST, the government has declared a four-tier structure of 5, 12, 18 ... Read More »

Samsung Galaxy On Nxt Price Will Be Around Rs. 18,000 – Flipkart’s Big Reveal at 8pm

  While everyone awaits the big Samsung Galaxy On Nxt reveal at 8pm, some new information about the upcoming smartphone has come to light. While it had earlier seemed that Flipkart was using the ‘Nxt’ moniker as sort of a placeholder for another smartphone whose name it did not want to reveal, it seems the truth has been hiding in ... Read More »

Minda Zooms Over 18% as Company Buys Lighting Business of Spain’s Rinder

Mumbai: Shares of auto components maker Minda Industries soared by over 18 per cent today as the company acquired Spain-based Rinder Group’s global automotive lighting business for 20 million euros (over Rs. 145 crore). The stock zoomed 18.44 per cent to Rs. 998.75 on BSE. At NSE, shares of the company spurted by 17.71 per cent to Rs. 992. The ... Read More »