Mahindra Holidays & Resorts India Ltd. has been served a tax demand notice of over Rs 363 crore, inclusive of penalty, concerning the reporting of IGST on its club membership services for the fiscal year 2018-19. The notice, issued by…
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Best ETFs in India for Intelligent Investing A Complete Guide for Indian Investors Exchange-Traded Funds (ETFs) have increasingly become popular among Indian investors seeking affordable, transparent, and diversified means of investing in the markets. Merging the ease of stocks and…
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Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for $52.96 million, making MDL the majority shareholder. This strategic move will expand MDL’s production capacity and establish it as a key player in…
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Torrent Pharma is in advanced talks with KKR to acquire JB Chemicals and Pharmaceuticals, reviving discussions from last year. The deal involves Torrent acquiring KKR’s 47.84% stake and launching an open offer, potentially leading to a Rs 20,734.61 crore buyout.…
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Automotive supply chain faces less shutdown risk as Chinese rare earth magnets resume flow. European suppliers secure licenses, but US-linked cases face delays. Volkswagen reports stable supply, Stellantis addresses concerns. China’s export restrictions impacted magnet exports. US and China deal…
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In May, Jio significantly surpassed Bharti Airtel in net subscriber additions, while BSNL and Vodafone Idea continued to experience losses. Jio added 2.7 million subscribers, contrasting with Airtel’s 275,621 additions. Overall wireless subscribers increased, though 5G fixed-wireless access users saw…
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