Category: Stocks

The finance minister is of the opinion that with more money in taxpayers hands under the new I-T regime, they would be the best judge to decide their own choice for investment. Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman charted out the pitfalls that had to be avoided and the challenges presented by a […]

The company’s PAT stood at Rs 88.51 crore during the corresponding period of 2021-22, Quess Corp said in a regulatory filing. Revenue from operations of the company grew by 21.18 per cent during the quarter under review to Rs 4,465.55 crore compared to Rs 3,684.98 crore in the same period of the last financial year. […]

Special Additional Excise Duty on crude will now be Rs 5,050 per tonne, while on diesel it is Rs 7.5 per litre Sources told CNBC-TV18 that the government expects to collect Rs 25,000 crore this financial year from windfall gains tax. (Representative Image) The government has revised its windfall gains tax with effect from Saturday, […]

“The government has nothing to do with Adani matters,” Pralhad Joshi told reporters. Reuters February 03, 2023 / 01:10 PM IST Adani group The Indian government has nothing to do with the issues of the Adani Group whose shares have tumbled following a scathing report from a U.S. short seller, the minister of parliamentary affairs […]

Total owns stakes in businesses including Adani Total Gas Ltd. and Adani Green Energy Ltd., and has said its investments were undertaken in full compliance with Indian laws and its own internal governance processes. February 03, 2023 / 01:17 PM IST Signage for TotalEnergies SE at the company’s electric vehicle charging station in the La […]

Jo Johnson resigned from the role this week, according to a regulatory filing. He was appointed in June 2022. February 03, 2023 / 02:26 PM IST Jo Johnson, U.K. transport minister, departs following a weekly meeting of cabinet ministers at number 10 Downing Street in London, U.K., on Tuesday, Sept. 4, 2018. Both Prime Minister […]

While the department of Direct Tax has over 8 crore registered taxpayers, the indirect tax department has only about 1.4 crore The scope for boosting GST tax base of the indirect tax system is high, with a huge gap in its tax filing system, the Chairman of the Central Board of Indirect Taxes & Customs, […]

He said that any issues pertaining to the group will be dealt with by the regulator, and that it does not affect India as an investment destination. The Adani Group has lost over $ 100 billion in market capitalisation in the last few days, ever since the Hindenberg report released on January 25th, alleging that […]

For the first time in the Union Budget, tourism was a key focus policy area with the finance minister announcing a slew of measures to boost the industry on a “mission mode”. A tourist visiting a destination. (Representative image: Unsplash) Days after announcing several measures in the Union Budget 2023 to promote tourism on “mission […]

The hospitality company is betting big on the Indian market due to the fast recovery seen post-Covid in the country and because of the strong travel demand. A picture of Holiday Inn, a hotel brand of hospitality major IHG Hotels and Resorts. Image: IHG website Global hospitality major IHG Hotels and Resorts is scaling up in India […]

Adani securities have attracted attention from opportunistic investors amid a staggering equity rout and a debt slump that took some bonds to distressed levels. February 03, 2023 / 02:29 PM IST Goldman Sachs Goldman Sachs Group Inc. and JPMorgan Chase & Co. have told some clients that bonds related to Gautam Adani’s business empire can […]

Mahindra and Mahindra’s Formula E racing team , called Mahindra Racing will be competing for the first time on home ground, Anand Mahindra shared his excitement about the same and urged India to give a ‘billion cheers’ to his team. February 03, 2023 / 12:11 PM IST (Representative Image) Formula E 2021-2022: Seoul ePrix II […]

A round-up of the biggest articles from newspapers A round-up of the biggest articles from newspapers Adani stocks continue to hemorrhage, widening losses to Rs 8.79 lakh crore in six sessions The sharp decline in most Adani Group stocks continued, wiping out a further Rs 1.34 lakh crore off their market capitalization on Thursday. The […]

The billionaire’s interests, which include ports, power plants and coal mines, have fallen in value by more than $ 100 billion since Hindenburg Research’s fraud allegations last week. February 03, 2023 / 06:45 AM IST Chairman of Adani Group, Gautam Adani Financial institutions from New York to London and Tokyo are dissecting their exposure to […]

Gautam Adani, 60, is a publicity-shy school dropout of humble origins who rose to become fabulously rich. AFP February 02, 2023 / 11:33 AM IST Gautam Adani. The business empire of Gautam Adani is in mayhem, losing more than $ 100 billion in value and sending the Indian tycoon tumbling down the global rich list […]

“India has a very broad spectrum of infrastructure companies,” Ashwini Vaishnaw, the minister for tech and railways, told Bloomberg TV on Thursday. “Whatever blip is there on the stock market is not going to affect the overall economy, I am very sure of that.” February 02, 2023 / 12:08 PM IST Union IT Minister Ashwini […]

Zeth Hung, who spent 25 years at Credit Suisse, was most recently vice-chairman of investment banking & capital markets for the region. February 02, 2023 / 12:33 PM IST A pedestrian crossing light outside a Credit Suisse Group AG bank branch in Basel, Switzerland, on Tuesday, Oct. 25, 2022. Credit Suisse will present its third […]

Earlier this year in January, Maruti told Moneycontrol that it had anticipated 3,000 confirmed bookings for Maruti Jimny, owing to the car’s ‘global cult following’. The SUV is propelled by a 1.5-litre petrol engine which has a tuned output of 103bhp and 134Nm of peak torque. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ […]

The announcement regarding PAN was made by Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday. PTI February 02, 2023 / 06:37 PM IST Representative Image Usage of PAN (permanent account number) by companies as a common identifier for all digital systems of specified government agencies will help in expediting clearances and promote ease […]

These orders include residential and commercial buildings construction projects in the country worth Rs 1,427 crore and T&D (Transmission and distribution) business orders worth Rs 498 crore in India and overseas markets, a company statement said. PTI February 02, 2023 / 02:50 PM IST Power (Representative image) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]