BS Ltd information relating to subsidiary

Mar 04, 2013, 06.20 PM IST

M/s BS Enviro Solution Ltd, a subsidiary of the company co-promoted by BS Limited, led by Chairman & MD Mr Rajesh Agarwal and Mr Sanjay Sultania. M/s BS Enviro Solutions Ltd has entered into a Definitive Agreement for acquisition of 51% stake in M/s Skywater Pvt Ltd, a group company of Harbinger Capital Partner.

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M/s BS Enviro Solution Ltd, a subsidiary of the company co-promoted by BS Limited, led by Chairman & MD Mr Rajesh Agarwal and Mr Sanjay Sultania. M/s BS Enviro Solutions Ltd has entered into a Definitive Agreement for acquisition of 51% stake in M/s Skywater Pvt Ltd, a group company of Harbinger Capital Partner.

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BS Ltd information relating to subsidiary

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BS Ltd has informed BSE regarding "Information relating to the Subsidiary". M/s BS Enviro Solution Ltd, a subsidiary of the company co-promoted by BS Limited, led by Chairman & MD Mr Rajesh Agarwal and Mr Sanjay Sultania. M/s BS Enviro Solutions Ltd has entered into a Definitive Agreement for acquisition of 51% stake in M/s Skywater Pvt Ltd, a group company of Harbinger Capital Partner which is a milti-billion dollar private investment fund based in New York, USA, led by Mr Philip A. Falcone.Source : BSE

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highlights

No case to revise direct tax rates, slabs
Super rich tax: 10% surcharge on income above Rs 1 cr
Modified provisions under GAAR effective April 1, 2016
No change in standard rate of excise duty, service tax

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GAAR-Presumes tax benefit unless proved contrary
MFs covered for deductions u/s 80CCG
Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
ED on readymade garments exempted: positive textile sector

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Textiles - General

18:52 pm

Exice Duty on readymade garments exempted +ve for textile sector

TAX AND YOU

Salaried Person

Kuldip Kumar

REACTIONS

reaction on: Business

NK Jain

Vice-chairman | JSW Energy

reaction on: Markets

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

reaction on: SME

Snehdeep Aggarwal

Founder & Chairman | Bhartiya International

reaction on: Policy

Sanjay Sanghvi

Partner | Khaitan & Co

reaction on: Business

Govind Shrikhande

MD | Shoppers Stop

What got Cheaper / costlier?

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