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DGGI commenced their investigation based on confidential information suggesting Infosys had sought improper ITC refunds. Infosys, India’s second-largest IT services exporter, has been issued a showcase notice over alleged ineligible refunds. The GST Intelligence wing (DGGI) has reportedly served Infosys with a notice questioning their claim of input tax credit (ITC) refunds amounting to Rs…
The IPO of LG Electronics India was fully subscribed on the first day of bidding on Tuesday. The portion meant for non-institutional investors garnered 2.3 times subscription, while the category for retail investors subscribed 81%. The quota for qualified institutional buyers received 49% subscription. Meanwhile, the IPO of Tata Capital has been subscribed 75% on…
Pawan Kalyan’s ‘They Call Him OG’ experienced a box office slowdown on Tuesday, earning an estimated Rs 1.40 crore, bringing its domestic total to Rs 185.85 crore. Despite a strong opening, weekday collections dipped. The film, marking Kalyan’s return after political duties, faces competition from ‘Kantara: Chapter 1’. Pawan Kalyan‘s gangster action drama ‘They Call…
Rumors have taken the internet by storm, suggesting that comedian Tanmay Bhat has an astonishing net worth of Rs 665 crore, making him the wealthiest YouTuber in India. With his characteristic wit, Bhat quipped that if he truly had that much money, he certainly wouldn’t be promoting YouTube memberships. Tanmay Bhat, who is one of…
Shilpa Shetty and her sister Shamita Shetty recently went on a spiritual journey across Maharashtra, visiting some of the state’s most famous temples in the state. Their trip comes at a time when Shilpa is involved in a high-profile Rs 60 crore fraud case. Which temples did Shilpa Shetty and Shamita Shetty visit Shilpa looked…
NEW DELHI: Prime Minister Narendra Modi will inaugurate Phase 1 of the Navi Mumbai International Airport (NMIA) on Wednesday, a landmark step in India’s civil aviation journey. The project marks a major milestone in Mumbai’s emergence as a global multi-airport city and is set to aid in easing congestion, boost passenger capacity, and introduce sustainable…
Ashwini Vaishnaw holds press briefing after Cabinet meet NEW DELHI: In a boost for nation’s infrastructure, the cabinet on Tuesday approved four railway projects worth Rs 24,634 in a meeting chaired by Prime minister Narendra Modi.The four projects, spanning 18 districts across Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh, are set to expand the Indian Railways…
Rishab Shetty’s ‘Kantara: Chapter 1’ continues its impressive box office journey, raking in approximately Rs 3.89 crore on its eighth day. Following a strong opening weekend, the film has garnered over Rs 260 crore in India. The prequel explores the Kadamba dynasty era and the rich folklore of coastal Karnataka, captivating audiences with its powerful…
Canara HSBC Life Insurance Company Ltd on Tuesday announced the price band for its upcoming IPO, setting it at the range of Rs 100 to Rs 106 per share, targeting a valuation of about Rs 10,000 crore at the upper end.The insurer’s Rs 2,516-crore public offering will open for subscription on October 10 and close…
BENGALURU: HCL Infosystems, a part of HCL group, won an arbitration case against the UIDAI, securing an award of about Rs 102.8 crore, including interest at 10% per annum until the date of the award and continuing until recovery, the company said in a stock exchange filing on Monday. The dispute related to unpaid dues…
