Biocon said it is "in the process of taking appropriate actions, including but not limited to, filing of the necessary appeal with the appellate authority in this regard". There is no material impact on the financials, operations or other activities of the company, the filing said.
Zomato share price: Zomato has received a show cause notice from the GST office for a tax liability of ₹401.7 crore, in addition to interest and penalty on delivery fee collection. Zomato stocks opened in red, down 1.69 per cent at ₹124.90, on December 28 at 9:19 am on BSE.