GST impact: Companies to feel pinch of hefty phone bills, higher construction costs
The stock market rallied early on Friday as investors appeared pleased with the GST rates on goods announced on Thursday, but as the trading session progressed, stocks gave up their gains and ended flat. The consensus was that it was a mixed bag for India Inc. With clarity still awaited on various aspects of GST, companies are yet to quantify the impact on their profitability. Also, the transitio...
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