Tag Archives: Value

Value picks: Used car financing is now outselling new car loans

With many more consumers opting to buy second-hand cars, given how prices of new cars have shot up, banks are now focusing more on used car financing. Indeed, at a time when the demand for new car loans has flagged, credit for used cars is growing at perky 15-18%, according to bankers. CarDekho.com puts the pace of growth at an ... Read More »

Court Rules Life Time Tax For New Cars To Be Paid Only On Invoice Value

Life time tax can only be calculated on invoice value Highlights Hyderabad High Court rules on life time tax on new cars Lifetime tax to be calculated on invoice value, not ex-showroom prices Dealers are free to give discounts to customers on new cars The Hyderabad High Court has ruled that life time tax collected by the government can be ... Read More »

Qualcomm to Buy NXP Semiconductors for Enterprise Value of $47 Billion

Qualcomm Inc said on Thursday it had agreed to buy NXP Semiconductors NV for an enterprise value of about $47 billion (roughly Rs. 3,14,208 crores), as it seeks to expand the reach of its chips from phones to cars. Qualcomm said it would offer $110 per share in cash, a premium of 11.5 percent to NXP Semiconductor’s Wednesday’s close. The ... Read More »

HDFC Bank, 7 Other Firms Add Rs 57,965 Crore To Market Value

New Delhi: Combined market valuation of eight of the top ten most valued Indian companies surged by Rs 57,965.56 crore during the week ended July 15, amid a positive broader market trend. Barring Infosys and Sun Pharma, the rest of eight companies saw a jump in their market capitalisation (M-Cap) for the week. The M-Cap of HDFC Bank, which was ... Read More »