Swiggy faces ₹158 crore tax demand, plans to challenge order
Swiggy, in its regulatory filing with the BSE and NSE, stated that it strongly disagrees with the assessment and intends to challenge the order before the appropriate authority.
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Hindalco unveils over $5-billion aluminium, copper expansion plan; targets 4x jump in recycling by FY30
Hindalco is ramping up investments, targeting a fourfold rise in recycling by FY30 while betting on aluminium demand growth. Novelis and India operations will drive its $5-billion expansion push. Shares of Hindalco closed at ₹664.30 on the BSE, down 2.65%,…
LIC drops out of top 10 most valued firms after 11% decline in share price this year
The country’s largest insurer, LIC, has lost nearly ₹60,000 crore in market valuation since January, marking the highest decline among India’s largest companies.
Trade Setup for April 2: Nifty trajectory hinges on Trump’s tariff announcement
Should US President Donald Trump unveil milder-than-anticipated tariffs, markets may experience a rebound led by export-oriented sectors including pharmaceuticals and information technology. Conversely, severe tariff impositions could trigger further market deterioration, analysts believe.
Pidilite appoints Sudhanshu Vats as Managing Director, effective April 10
The company announced the appointment of Sudhanshu Vats as Managing Director, effective April 10th, 2025. Vats, who was previously designated as Managing Director Designate, will now officially assume the role.
NAC Jewellers’ Anantha Padmanabhan sees gold prices correcting after record surge
Sachin Jain, MD of World Gold Council, suggests that if Chinese pension funds allocate even 1% of their portfolios to gold, it could drive purchases of 600-700 tonne, providing a strong floor for prices.
Dabur India faces ₹110.33 crore income tax demand, plans appeal
Dabur India Ltd. has received a ₹110.33 crore income tax demand for FY 2017-18. The company plans to appeal the order, claiming the demand was miscalculated.
Titan to Tata Elxsi: Six Nifty 500 stocks that ended at a 52-week low
From two Tata Group stocks to a diagnostic services provider and three PSU Banks, these six stocks, part of the Nifty 500 index, ended at a 52-week low on Tuesday.
This expert believes gold prices will keep rising with no upper limit
With US President Donald Trump’s tariff plan set to target all nations, and additional tariffs on automobiles expected from April 3, market anxieties are likely to persist, potentially propelling gold prices even higher, according to Kishore Narne, Director & Head-Commodity…
SEBI extends timeline for retail algo trading norms, new deadline set for August
SEBI had introduced these regulations on February 4, 2025, to safeguard retail investors as algorithmic trading gains popularity. Algo trades, which rely on computer programs to execute orders, offer advantages such as speed and lower transaction costs.