Zomato Faces Massive ₹9.45 Crore GST Demand Notice
As per the BSE exchange filing, on June 30, Karnataka’s Assistant Commissioner of Commercial Taxes issued a GST demand notice to Zomato for Rs. 9.45 crore, including interest and penalty. The company’s exchange filing mentions, “This is to inform that the company has received an order for FY 2019-20 pursuant to the audit of GST…
Vikas
Indian Stock Market Becomes 4th Largest In The World
India has achieved another feat by overtaking Hong Kong to become the 4th largest stock market in the world. The total value of listed shares in the Indian market reached $4.3 trillion as of Monday’s close, whereas Hong Kong’s market stood at $4.39 trillion. This makes India’s BSE the 4th biggest market in the world….
Vishal Prajapati
RBI Estimates India’s Annual Growth At 7% For FY2023-24
The Reserve Bank of India has estimated that the growth rate of India’s GDP in the fiscal year 2023-24 will be around 7%. Previously, the predicted growth was at 6.5%. The Indian economy grew more than expected, with 7.6% growth in the quarter ending in September and then recorded a growth of 7.8% in the…
SEBI Bans ‘Baap Of Chart’, Orders Him To Pay ₹17 Crore
In a recent development, the Security Exchange Board of India (SEBI) has banned social media influencer, Mohammad Nasiruddin Ansari from trading in securities. Mohammad Ansari is a social media influencer who goes by the name of ‘Baap Of Chart’. He used to offer trading advice to people on X (formerly known as Twitter). On top…
JYOTI
What Is Employee Stock Ownership Plan- How do they work?
Many companies in India and around the world offer Employee Stock Ownership Plans as a gesture or a token of appreciation and it also benefits their employee. On top of that it makes the employees and company interests more aligned. This begs the question, what are ESOPs, why do companies offer them to their employees…
Shipra Prajapati
Tata Motors’ Remarkable 52-Week High on BSE
Tata Motors’ DVR share price witnessed a remarkable surge of nearly 18% on Wednesday, reaching a new 52-week high of ₹440 on the BSE. This significant spike came in the wake of an announcement made by Tata Motors the previous day, wherein the company revealed its decision to convert its DVR shares into ordinary shares….