Amazon India will start its Great Indian Festival on September 23. This follows the GST Council’s rate cuts on footwear, apparel and other items. Analysts expect the tax revision to boost demand during the festive season. Electronics and appliance sales…
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RCom is undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The resolution plan was approved by the Committee of Creditors and filed with the National Company Law Tribunal (NCLT), Mumbai on March 6, 2020, and NCLT…
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Adani Power, Kotak Alternate Assets, Vedanta, and Oaktree are vying for JP Power’s ₹3,800 crore CCPS, potentially gaining a 25% stake and triggering an open offer for a controlling share. This move could give the winning bidder an edge in…
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Zomato and Swiggy are set to face an additional GST burden of Rs 180-200 crore annually following a GST Council clarification. The companies intend to pass on the incremental tax, potentially reducing delivery workers’ earnings and possibly introducing a levy…
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Analysts attributed the surge to a mix of factors: a major refinery’s surprise decision to advance maintenance, expected winter demand and looming EU sanctions that could shut Indian supplies.
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GST 2.0 is about more than slashing rates. By fixing inverted duty structures in sectors such as textiles and fertilisers and by streamlining input tax credit flows, it seeks to clear long-standing bottlenecks that have choked efficiency and liquidity. These…
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