by Trade Brains | Jul 6, 2022 | 3:40 pm | News, Trending News
The shares of Indiabulls Real Estate declined by 4.24% on Wednesday and by 8.91% in the past seven days. The National Anti-profiteering Authority (NAA) found the company guilty of not passing on over ₹6.46 crores input tax credit benefits to homebuyers by a commensurate reduction in prices post rollout of GST. A buyer filed a [...] 
by PTI News | Jul 6, 2022 | 2:17 pm | News, Trending News
The National Restaurant Association of India (NRAI) on Wednesday said the government cannot make changes in levy of service charge in food bills by making guidelines and CCPA's decision to bar hotels and restaurants from such practice has created unnecessary confusion amongst consumers and disrupted smooth operations of restaurants. It alleged that there is an [...] 
by Trade Brains | Jul 6, 2022 | 1:15 pm | News, Trending News
The shares of SpiceJet Limited lurched lower on Wednesday, declining 7% to hit their 52-week low of ₹35 apiece on the Bombay Stock Exchange (BSE). This happened due to multiple instances of its planes suffering technical glitches in the past few weeks. The shares closed at ₹ 37.65 on Tuesday and opened at ₹37.10 apiece [...] 
by PTI News | Jul 5, 2022 | 3:20 pm | News, Trending News
The Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the Prevention of Money Laundering Act (PMLA) at locations in several states including in Delhi, Uttar [...] 
by PTI News | Jul 5, 2022 | 2:43 pm | Corporate Action, News, Trending News
Reliance Power (RPower) shareholders have turned down a special resolution to monetise its assets during the annual general meeting held on July 2. All special resolutions are required to be approved by 75 per cent or more votes of shareholders. A BSE filing by the company showed that 72.02 per cent of votes were cast [...] 
by Trade Brains | Jul 5, 2022 | 11:25 am | News, Trending News
Multibaggger EKI Energy Sevices ltd hit an upper circuit of 20% on Monday. This was after the stock went ex-bonus. In the early trading session of Tuesday, the stock price has so far risen by 18.40% and is currently trading at Rs 2,660 levels. In the last two trading sessions, the stock is up by [...] 
by PTI News | Jul 5, 2022 | 10:28 am | News, Trending News
India's merchandise exports in June rose by 16.78 per cent year-on-year to USD 37.94 billion while the trade deficit ballooned to a record USD 25.63 billion on account of a steep increase in gold and crude oil imports, according to the government's preliminary data released on Monday. The export growth in June moderated from 20.55 [...] 
by PTI News | Jul 5, 2022 | 10:25 am | News, Trending News
Passenger vehicle retail sales in the country rose 40 per cent in June indicating an improvement in semiconductor supplies even as demand, especially for SUVs, remained robust, auto dealer' body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), passenger vehicle (PV) registrations rose to 2,60,683 units last month, as compared [...] 
by PTI News | Jul 4, 2022 | 6:36 pm | News, Trending News
The Reserve Bank on Monday said it has imposed penalties of about Rs 1 crore each on Kotak Mahindra Bank and IndusInd Bank for deficiencies in regulatory compliance. Besides, the RBI has also imposed penalties on four co-operative banks. A penalty of Rs 1.05 crore has been imposed on Kotak Mahindra Bank for contravention of [...] 
by PTI News | Jul 4, 2022 | 6:05 pm | News, Trending News
Tata Motors expects second half of the current fiscal to be better in terms of performance with gradual improvement in the overall supply situation and stabilisation in commodity prices, according to company chairman N Chandrasekaran. Addressing shareholders during the company's 77th annual general meeting, Chandrasekaran noted that demand for the company's vehicles across segments remained [...] 
