us tax


BoA executive sees consumer unit's efficiency ratio flat to down

Jun 12 2018

Bank of America Corp’s (BAC.N) co-head of consumer and business banking said on Tuesday he expects the consumer banking unit’s efficiency ratio to remain flat or improve further.

Honda net profit surges 70% on US tax cuts, brisk sales

Apr 27 2018

Honda Motor said its annual net profit grew more than 70 percent thanks to strong growth in sales of its cars and motorcycles, as well as US corporate tax cuts.

US to review duty free access of certain Indian products

Apr 13 2018

The US has decided to review India's eligibility to enjoy duty free access for certain products in the American market under a tax benefit scheme.

US office vacancy rate rises in first quarter: Reis

Mar 29 2018

US office vacancy rate for the first quarter rose to 16.5 percent, the highest since 2015, despite a healthy job market, according to real estate research firm Reis Inc.

Fed's 2017 profit payments to Treasury fall to $80.6 billion

Mar 23 2018

The US Federal said its remittances to the US Treasury fell to $80.6 bn in 2017, in part because the central bank made larger interest payments to financial institutions.

IMF chief sees growth, overheating, debt risks from US tax cuts

Mar 01 2018

IMF Managing Director Christine Lagarde said she sees positive and negative effects from a “complicated” US tax overhaul.

Brands in India to be included in review for consumer health biz

Mar 01 2018

Drug firm Pfizer said Gelusil, Becosules and Corex brands in India will be included in the global strategic review of the consumer healthcare business of Pfizer Inc.

GE says it may face US action over subprime mortgage operations

Feb 24 2018

GE faces potential action over allegations that its GE Capital unit and now defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages.

HSBC Holdings 2017 pre-tax profit jumps 142% percent

Feb 20 2018

HSBC 2017 pre-tax profit rose 142% as the lender avoided the multi-bn dollar restructuring costs that marred its 2016 results but the profit growth lagged expectations.

Cisco tops estimates as turnaround takes centre stage

Feb 15 2018

Cisco reported its first rise in quarterly revenue in more than two years and forecast upbeat current-quarter profit, as the network gear maker’s years-long efforts.

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Stocks In News



U.P. Govt cancels Purvanchal Expressway bids

Co's Rs 1,740 Cr bid for expressway section cancelled

U.P. Govt to re-invite bids for expressway project


Settles Abraxane patent dispute with Celgene Corp

Partner Apotex may sell generic of Abraxane in U.S.


Telecom Department may clear Vodafone-Idea merger today



Dr. Reddys new drug hits legal hurdle

U.S. court issues restraint order following patent litigation over Suboxone

Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product

The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter


Board mulls reshuffle of top management

ICICI Prudential Life Chief Bakshi may be named ICICI bank interim

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