Meesho receives ₹1,500 crore income tax demand for AY24, to contest order

On Friday (March 6), shares of Meesho Ltd ended at ₹159.10, up by ₹0.70, or 0.44%, on the BSE.

On Friday (March 6), shares of Meesho Ltd ended at ₹159.10, up by ₹0.70, or 0.44%, on the BSE.

On Friday (March 6), shares of IRB Infrastructure Developers Ltd ended at ₹40.80, up by ₹0.42, or 1.04%, on the BSE.

Shares of Mazagon Dock Shipbuilders are trading 7.8% higher on Friday at ₹2,536.6. The stock has gained 18% in the last two trading sessions, reversing losses from earlier in the week. For the week so far, the stock is now…
Cameron Brandt, Director of Research at EPFR Global, said India equity funds saw modest outflows over the past week, while AI-linked markets such as Taiwan, China and Korea continued drawing investor interest. He added that geopolitical tensions have triggered only…

All four analysts who have coverage on Orkla India have a “buy” rating on the stock which was down nearly 25% from its IPO price as of Thursday’s closing.

The Israel-US attack on Tehran has escalated the war in Iran, affecting energy supplies. India, with a 250-million-barrel buffer, diversifies imports and explores alternatives.

CLSA noted that Bangladesh accounts for 55% – 60% of medical tourists, which it believes “is unlikely to be affected by the Iran–Israel–US conflict.”

Boeing is close to a 500-aircraft sale of 737 Max jets, to be announced during President Trump’s Beijing visit. Talks for 100 Boeing 787 Dreamliners and 777X aircraft continue.

Client additions and unique SIP registrations also slowed, with the platform adding 5.7 lakh new clients and 6.7 lakh unique SIP registrations, both down 23% from the previous month.

Wall Street faced pressure as US indices declined Friday. Middle East conflict and unexpected job losses sparked worries about oil costs and inflation. S&P 500 fell 1.3%, Dow 1%, Nasdaq 1.5%.