Business

The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued showcause notices to 10 foreign airlines, including British Airways, Lufthansa. Oman Air, Emirates, and Singapore Airlines, for alleged non-payment of taxes…
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Shares of Marico fell more than 4 per cent today (August 6) amid political turmoil in Bangladesh. The company- which owns Saffola and Parachute packaged oil brands- earns around 11-12% of its revenue from Bangladesh. Nuvama's Abneesh Roy…
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Benchmark stock market indices nosedived on Monday tracking weak global cues, triggered by rising risk of the US economy facing a recession and geopolitical tensions in the Middle East. The S&P BSE Sensex was down 1672.88 points lower…
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Adani Group chairman Gautam Adani is planning to step down at the age of 70, he said. The 62-year-old will shift control to his sons in the early 2030s, Bloomberg News reported quoting him in an interview. Talking about his succession…
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Tata Electronics on Saturday began the construction of its ₹27,000-crore chip assembly plant in Assam, which is expected to become operational next year and create 27,000 jobs initially. The plant will produce 4.83 crore chips per day…
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A World Bank report stated that more than 100 countries, including India, will face significant challenges in achieving high-income status in the coming decades. The report also pointed out that India could take nearly 75 years to reach…
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The Enforcement Directorate (ED), Mumbai Zonal Office conducted search operations on July 31 under. The Prevention of Money Laundering Act (PMLA), 2002 at various locations in Mumbai, Surat and Delhi as part of an ongoing investigation…
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Infosys informed that Karnataka State Authorities have withdrawn the 'pre-show cause' notice and directed. The IT firm to submit a further response to the DGGI (Directorate General of GST Intelligence) central authority on the matter. This…
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Stock market today: Indian shares hit all-time highs at the open today (August) as Nifty breached. The 25,000-mark tracking a global rally after the US Federal Reserve hinted at a possible interest rate cut in September. The NSE Nifty 50…
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GST authorities have slapped a Rs 32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting 2017. Infosys, in a stock exchange filing, called the notice a 'pre-show cause' notice…
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