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The earlier deadline was September 30. New Delhi: Markets regulator SEBI on Wednesday extended the deadline for mutual fund account holders till January 1, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen. Earlier, the deadline for existing mutual fund holders to provide…
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Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal addresses conference in New Delhi on September 28, 2023. | Photo Credit: ANI E-gaming companies have been issued show cause notices for alleged GST evasion as per legal provisions, the head of Central Board of Indirect Taxes and Customs (CBIC) Sanjay Kumar Agarwal…
Tech Mahindra was the biggest loser in the Sensex pack, slipping 4.59%, followed by Asian Paints, Wipro, Kotak Mahindra Bank, Bajaj Finserv, Infosys, ITC, Mahindra & Mahindra, Hindustan Unilever, IndusInd Bank, Reliance Industries and JSW Steel. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty fell by nearly 1% on Thursday due to…
Read More “Sensex, Nifty plunge nearly 1% on weak global cues; RIL, Infosys weigh” »
Income Tax department conducted searches in the Flextronics Technologies India campus in Kandanchavadi, near Chennai on September 27, 2023 | Photo Credit: M. Karunakaran Electronic components manufacturer Flex confirmed that officials from the Income Tax Department visited its premises and said the company is cooperating with the agency and providing the information sought for. We…
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Former minister and Tirthahalli MLA Araga Jnanendra, Campco president A Kishore Kumar Kodgi and others release Ayush and Poushtik fertilisers during the annual general meeting of the cooperative on September 27, 2023 in Mangaluru. | Photo Credit: Special Arrangement The Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd., (CAMPCO) on Wednesday, September 27, released…
Read More “Campco releases Ayush and Poushtik manures under its brand for arecanut farmers” »
At end-June 2023, long-term debt (with original maturity of above one year) was placed at $505.5 billion. File | Photo Credit: K. Pichumani India’s external debt at end-June 2023 was placed at $629.1 billion, recording an increase of $4.7 billion over its level at end-March 2023 according to data released by the Reserve Bank of…
Read More “India’s external debt rises to $629.1 billion at end-June 2023: RBI” »
Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee edged up 1 paisa to 83.21 against the U.S. currency in a restricted trade on September 28 amid gains in domestic equities. The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a…
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A man walks near the bronze statue of a bull outside the BSE in Mumbai. File | Photo Credit: AP The domestic stock markets climbed in early trade on September 28 but later gave up all the early gains to trade lower amid muted global trends and continuous foreign fund outflows. The monthly derivatives expiry…
Official sources said the I-T department suspects tax evasion by Lenovo and hence, has launched the searches to gather evidence and corroborate actionable intelligence obtained by it in this regard. | Photo Credit: Reuters The income-tax department conducted searches at the premises of IT hardware maker Lenovo on Wednesday (September 27)as part of a tax evasion…
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At the interbank foreign exchange, the rupee opened at 83.23 and traded in a narrow range of 83.18 to 83.24 against the U.S. dollar. It finally settled at 83.22 (provisional). File | Photo Credit: The Hindu The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at…
Read More “Rupee snaps two-day fall, recovers 6 paise against U.S. dollar” »
