-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for July 27, 2023

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

Bank Holidays in August 2023: Including weekends, the banks in India will remain shut for 14 days in August 2023. As per the holiday calendar of the Reserve Bank of India (RBI) banks will be closed on various festivals and special occasions that are lined up next month like Raksha Bandhan, Independence Day, Tendong Lho Rum Faat, Parsi New Year (Shahenshahi), Tithi of Srimanta Sankardeva, First Onam, Thiruvonam and more.
The Centre has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23.
Finance Minister Nirmala Sitharaman on Monday addressed the 164th Income Tax Day event in Delhi. While addressing the public event, she asserted in the last three, or four years, to the credit of the Central Board of Direct Taxation (CBDT), tax rates did not go up, but revenue is steadily going up. 
Heavy electrical equipment make GG Engineering has strong set of numbers in the first quarter of financial year 20023-24. According to a BSE filing, its bottomline was boosted by higher revenues. The company's revenue in Q1FY24 grew by a whopping 143 per cent to Rs 18.9 crore year-on-year basis. The same stood at Rs 7.7 crore in the corresponding quarter of last financial year.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Finance Minister Nirmala Sitharaman on Monday addressed the 164th Income Tax Day event in Delhi. While addressing the public event, she asserted in the last three, or four years, to the credit of the Central Board of Direct Taxation (CBDT), tax rates did not go up, but revenue is steadily going up. 
Heavy electrical equipment make GG Engineering has strong set of numbers in the first quarter of financial year 20023-24. According to a BSE filing, its bottomline was boosted by higher revenues. The company's revenue in Q1FY24 grew by a whopping 143 per cent to Rs 18.9 crore year-on-year basis. The same stood at Rs 7.7 crore in the corresponding quarter of last financial year.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Heavy electrical equipment make GG Engineering has strong set of numbers in the first quarter of financial year 20023-24. According to a BSE filing, its bottomline was boosted by higher revenues. The company's revenue in Q1FY24 grew by a whopping 143 per cent to Rs 18.9 crore year-on-year basis. The same stood at Rs 7.7 crore in the corresponding quarter of last financial year.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets. The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets. The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.

What are the penalties under Income Tax Act? Check details

Wednesday 26 July 2023 08:43 AM UTC+00
Tax evasion is a serious offense with heavy penalties (plus interest) under the Income Tax Act (Act) 1961. It is worth noting that sometimes fines are used normally, while in special cases it is at the discretion of the tax office.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets. The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.

What are the penalties under Income Tax Act? Check details

Wednesday 26 July 2023 08:43 AM UTC+00
Tax evasion is a serious offense with heavy penalties (plus interest) under the Income Tax Act (Act) 1961. It is worth noting that sometimes fines are used normally, while in special cases it is at the discretion of the tax office.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets. The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.

What are the penalties under Income Tax Act? Check details

Wednesday 26 July 2023 08:43 AM UTC+00
Tax evasion is a serious offense with heavy penalties (plus interest) under the Income Tax Act (Act) 1961. It is worth noting that sometimes fines are used normally, while in special cases it is at the discretion of the tax office.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets. The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.

What are the penalties under Income Tax Act? Check details

Wednesday 26 July 2023 08:43 AM UTC+00
Tax evasion is a serious offense with heavy penalties (plus interest) under the Income Tax Act (Act) 1961. It is worth noting that sometimes fines are used normally, while in special cases it is at the discretion of the tax office.
Solar products manufacturer Servotech Power Systems has posted strong numbers in the first quarter of financial year 2023-24. The clean energy solutions provider has reported a manifold jump in its consolidated net profit in the quarter ended June
Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-manner venture for setting up special purpose vehicles (SPVs) pointed toward creating server farms in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said. Digital Realty Trust is the biggest supplier of Cloud and carrier-neutral data centre, co-area and interconnection solutions internationally with 300+ data centres across 27 nations.
Stock markets: As investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week of corporate earnings, equity benchmark indices Sensex and Nifty opened on a flat note in early trade on Tuesday. Foreign fund outflows and surging crude oil prices also weighed on sentiments.
The Government of India has recently announced a ban on the export of non-basmati white rice with immediate effect to stabilise the volatile retail prices in the country. The move has raised concerns in countries in Africa, Asia and even the United States and food prices have started to see a rise globally.
Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, said IMF's World Economic Outlook Growth Projections on Tuesday.

Adani Group shares jump, adds Rs 50,501 crore in a day

Tuesday 25 July 2023 03:32 PM UTC+00
Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed. Market experts attribute the reasons for the rise in stock prices to an increase in interest from domestic investors.
Infrastructural and structural steel manufacturer GG Engineering has announced the rights issue of equity share. A rights share issue is a kind of corporate action in which a listed company invited its existing shareholders to buy additional shares directly from the company at a discounted price.
Fast paced entrepreneur Dunzo has received legal notices from at least 7 organizations since March of this year. According to Moneycontrol sources, Dunzo has received notices from Google India, Nilenso, Clover Adventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance. Dunzo's total market capitalization is around Rs 114 which is almost double the recent valuation of Rs 5-6.
Stock markets: Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets. The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.

What are the penalties under Income Tax Act? Check details

Wednesday 26 July 2023 08:43 AM UTC+00
Tax evasion is a serious offense with heavy penalties (plus interest) under the Income Tax Act (Act) 1961. It is worth noting that sometimes fines are used normally, while in special cases it is at the discretion of the tax office.
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter