The meeting was held in New Delhi on June 22nd, 2024, chaired by Finance Minister Nirmala Sitharaman. Focus: Revisions in the CGST Act for a smoother and more standardized process. Changes: Common Time Limit for Demand Notices/Orders: A uniform time limit will be implemented for issuing demand notices and orders […]
Live Financial News
RailTel’s stock price surged over 12% to Rs 488,nearing its 52-week high of Rs 491. This rise follows a work order win of Rs 20.22 crore from South Central Railway. RailTel’s year-to-date performance is outstanding, with a gain of over 44%, significantly outperforming the Nifty 50 index’s 8% rise. It […]
CFO Resignation: On June 19th, Zee Entertainment’s CFO, Rohit Kumar Gupta, stepped down for personal reasons. Stock Price Decline: This news, coupled with other recent executive departures, has caused Zee Entertainment’s shares to trade 1.6% lower on the National Stock Exchange (NSE). Year-to-Date Performance: Zee Entertainment’s stock price has fallen […]
The Adani Group, a large Indian conglomerate, announced plans to invest over $100 billion in energy transition projects. This ambitious goal includes developing renewable energy sources and manufacturing the equipment needed to produce clean energy. Here are some key details about the investment: The total amount pledged is $100 billion, […]
India Q4 GDP Growth Data Live Updates: Economy Surges by 7.8% in Q4; FY24 Growth Hits 8.2%, Surpassing Expectations India’s GDP growth for the fourth quarter of the fiscal year 2023-24 reached 7.8%, while the full fiscal year’s real GDP growth provisionally stands at 8.2%. The Q4 FY24 GDP growth […]
On May 27, KAL Airways and Kalanithi Maran announced their intention to seek damages exceeding Rs 1,323 crore from SpiceJet and its chief, Ajay Singh. This decision arises from a protracted legal dispute rooted in a 2015 agreement. Under this agreement, Ajay Singh, one of the original promoters of SpiceJet, […]
On Monday, despite strong global market sentiments, the Indian stock market ended on a flat note with minor losses. The Nifty 50 index saw a slight decline, closing 24 points lower at 22,932 after hitting a new peak of 23,110 during the session. Similarly, the BSE Sensex experienced a minor […]
EaseMyTrip Founder Nishant Pitti Withdraws Bid for GoFirst Airline “We have decided to withdraw from the GoFirst bid to concentrate on our core areas of strength,” stated Nishant Pitti, founder of EaseMyTrip. The Indian aviation market now effectively belongs to a handful of players, with Indigo and Air India establishing […]
Adani Enterprises Ltd, the flagship entity of Adani Group, has regained more than $30 billion in market value. These losses stemmed from a report by US-based short-seller Hindenburg Research in early 2023, which accused the conglomerate of corporate malpractice and share price manipulation. Adani Group has consistently denied these claims. […]