Clipped from: https://www.businesstoday.in/markets/company-stock/story/adani-group-stocks-continue-to-crash-hindenburg-credit-suisse-other-reasons-368633-2023-02-02 Eight out of 10 listed Adani stocks (including ACC, Ambuja Cements and NDTV) slumped today. ACC and Ambuja Cements advanced today, while others
Adani FPO withdrawal: Aggressive growth plans unlikely in near future, say analysts – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/adani-fpo-withdrawal-aggressive-growth-plans-unlikely-in-near-future-say-analysts-368659-2023-02-02 The ports-to-data centre conglomerate, late on Wednesday, announced that it was withdrawing its highly-discussed FPO in the wake of what the company called
Adani Group loses $107 billion m-cap after six consecutive days of carnage on D-Street – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/adani-group-loses-107-billion-m-cap-after-six-consecutive-days-of-carnage-on-d-street-368729-2023-02-02 The market cap of nine Adani stocks has reduced from Rs 19.2 lakh crore before the short-seller’s attack, to Rs 10.5 lakh crore
NSE puts Adani Enterprises, Adani Ports, Ambuja Cements under ASM framework – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/nse-puts-adani-enterprises-adani-ports-ambuja-cements-under-asm-framework-368735-2023-02-02 This move will likely curb a lot of speculation and short selling of the Adani Group stocks that can be traded in F&O
Hindenburg shorted Adani Group’s US-traded bonds and non-Indian-traded derivatives: What are these instruments? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/hindenburg-shorted-adani-groups-us-traded-bonds-and-non-indian-traded-derivatives-what-are-these-instruments-368719-2023-02-02 Short sellers such as Hindenburg like to build positions quietly before unveiling their thesis for shorting the company to maximise profits like it
Adani group’s 6-day bloodbath equals GDP of Ethiopia, Kenya. Here’s how – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/adani-groups-6-day-bloodbath-equals-gdp-of-ethiopia-kenya-heres-how-368713-2023-02-02 Adani Green Energy (down $16.95 billion) and Adani Transmission (down $16.36 billion) are among Adani group stocks that eroded huge investor wealth in
Adani firms made scheduled US bond payments, to release credit report Friday: Report – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/adani-firms-made-scheduled-us-bond-payments-to-release-credit-report-friday-report-368740-2023-02-02 Adani Group plans to issue a credit report by Friday, which will address concerns raised by the Hindenburg report about its liquidity, says
What exactly is Sebi’s role in the Adani Group matter? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/what-exactly-is-sebis-role-in-the-adani-group-matter-368728-2023-02-02 The Securities and Exchange Board of India (Sebi) can investigate the issues raised by Hindenburg to check if relevant disclosures were made by
👍Union Budget 2023: Govt Proposes Measures for Widening & Deepening Of Tax Base And Anti Avoidance
Clipped from: https://www.taxscan.in/union-budget-2023-govt-proposes-measures-for-widening-deepening-of-tax-base-and-anti-avoidance/250828/ In a significant move, the Union Budget 2023 has proposed the measures for widening & deepening of tax base and anti avoidance. It
👍Union Budget 2023: Govt to Increase Threshold Limits for Presumptive Taxation Schemes
Clipped from: https://www.taxscan.in/union-budget-2023-govt-to-increase-threshold-limits-for-presumptive-taxation-schemes/250812/ The Union Budget 2023, presented by Finance Minister Nirmala Sitharaman has increased threshold limits for presumptive taxation schemes. In order to ease compliance and to
RBI Guv Das is a man you want at the helm when things get tough: Citibank CEO – BusinessToday
RBI Guv Das is a man you want at the helm when things get tough: Citibank CEO RBI Guv Das is a man you want
India clocked 200% increase in rural internet subscriptions in six years – BusinessToday
Clipped from: https://www.businesstoday.in/economic-survey/story/economic-survey-2023-india-clocked-200-increase-in-rural-internet-subscriptions-in-six-years-368250-2023-01-31 The spread of the internet also powered the growth of UPI across regions. UPI-led transactions grew 121 per cent in value terms and
India clocked 200% increase in rural internet subscriptions in six years – BusinessToday
Clipped from: https://www.businesstoday.in/economic-survey/story/economic-survey-2023-india-clocked-200-increase-in-rural-internet-subscriptions-in-six-years-368250-2023-01-31 The spread of the internet also powered the growth of UPI across regions. UPI-led transactions grew 121 per cent in value terms and
Tourism sector showing signs of revival, foreign tourist arrivals growing – BusinessToday
Clipped from: https://www.businesstoday.in/union-budget/news/story/economic-survey-2023-tourism-sector-showing-signs-of-revival-foreign-tourist-arrivals-growing-368251-2023-01-31 Economic Survey findings: The survey further stated that aircraft movement increased by 52.9 per cent on-year in the country between April and November
Government’s e-commerce portal GeM grew 160% in FY22 – BusinessToday
Clipped from: https://www.businesstoday.in/economic-survey/story/economic-survey-2023-governments-e-commerce-portal-gem-grew-160-in-fy22-368257-2023-01-31 “The GeM has also witnessed tremendous growth in Gross Merchandise Value (GMV) and is catching up with E-commerce giants like Amazon and Flipkart,”
👍👍Bringing Evidence on What Basis Income has Escaped and Re-opening of Assessment is Required is Procedural Requirement to Invoke S. 147/148: ITAT
Clipped from: https://www.taxscan.in/bringing-evidence-on-what-basis-income-has-escaped-and-re-opening-of-assessment-is-required-is-procedural-requirement-to-invoke-s-147-148-itat-read-order/249732/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bringing%20Evidence%20on%20What%20Basis%20Income%20has%20Escaped%20and%20Re-opening%20of%20Assessment%20is%20Required%20is%20Procedural%20Requirement%20to%20Invoke%20S.%20147/148:%20ITAT The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, held that bringing evidence on what basis income has escaped
👍👍Inflation at 6.8% not too high to deter private consumption, investment: Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/inflation-at-68-not-too-high-to-deter-private-consumption-investment-survey/article66453498.ece Inflation remains above RBI’s upper tolerance level for 10 months since January 2022 RBI’s projection of retail inflation at 6.8 per cent in
👍👍Credit growth likely to be brisk in FY24 if inflation moderates: Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/credit-growth-likely-to-be-brisk-in-fy24-if-inflation-moderates-survey/article66453361.ece Growth in credit y-o-y since the January-March quarter of 2022 has moved into double digits New Delhi: Finance Minister Nirmala Sitharaman speaks in
👍👍GDP growth in FY24 estimated at 6-6.8 per cent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gdp-growth-in-fy24-estimated-at-6-68-per-cent/article66453228.ece Baseline growth lowest in three years, but India still fastest-growing economy in the world Indian economy is estimated to grow at 6-6.8 per
👍Over 50 crore Indians provided free treatment under Ayushman Bharat: Prez – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-50-crore-indians-provided-free-treatment-under-ayushman-bharat-prez/article66453476.ece Medicines are being made available at low cost in about 9,000 Jan Aushadhi Kendras spread across the country. As a result, money worth
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