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Capital Goods stocks ease

Read more about Capital Goods stocks ease on Business Standard. Capital Goods stocks were trading in red, with the S&P BSE Capital Goods index decreasing 205.65 points or 1.03% at 19767.63 at 13:48 IST.

Capital Goods stocks spurt

Top headlines: Rs 950 cr tax evasion by Swiggy, Flipkart; 83 Tejas for IAF

Over Rs 950-crore tax evasion by Flipkart unit, Swiggy: I-T department Over Rs 950-crore tax evasion by food delivery start-up Swiggy and Instakart (a group firm of Flipkart) has been detected following last week’s survey operations in Bengaluru. According to the initial findings of the Income Tax Department, third party vendors were also involved in the concealment of taxable income. ‘’The survey operations on the companies resulted in impounding of incriminating documents evidencing tax evasion issues including non-deduction from tax deducted at source (TDS) on commission income and cancellation charges by Swiggy and their restaurants. Hospitals get ready for Covid shots ahead of vaccination drive on Jan 16

Hindustan Aeronautics stock rises 14% as govt clears order for 73 Tejas aircraft

Hindustan Aeronautics stock rises 14% as govt clears order for 83 Tejas aircraft Rising for the second straight session, the stock price of Hindustan Aeronautics opened with a gain of 10.11% today at Rs 68.40 today and gained by 13.69% to the day s high of Rs 1,047, as against the last close of Rs 920.90 BusinessToday.In | January 15, 2021 | Updated 00:49 IST HAL stock has risen 12% in the last 2 days of consecutive gains Shares of Hindustan Aeronautics Ltd. surged 14% to Rs 1048 apiece on Thursday after the Cabinet approved procurement of Tejas aircraft for the Indian Air Force. The Cabinet has given an approval to procure 73 Tejas Mk-1A fighter aircraft and 10 Tejas Mk-1 trainer aircraft. The total cost for the aircraft will be Rs 45,696 crore, along with design and development sanctions worth Rs 1,202 crore, PIB said in a press release.

Centre clears purchase of 83 Tejas Mk-1A for Indian Air Force

Centre clears purchase of 83 Tejas Mk-1A for Indian Air Force Published : Jan 14, 2021, 4:28 am IST Updated : Jan 14, 2021, 4:28 am IST HAL gets its largest-ever order, to boost aerospace industry  The CCS approved the procurement of 73 Tejas Mk-1A fighter aircraft and 10 Tejas Mk-1 trainer aircraft at the cost of Rs 45,696 crores, along with the design and development of infrastructure sanctions worth Rs 1,202 crores. (Representational Photo:PTI) New Delhi: In a big push to “Make in India”, the Cabinet Committee on Security (CCS) on Wednesday approved the procurement of 83 Tejas Mk-1A fighter jets for the Indian Air Force from Hindustan Aeronautics Ltd, in the largest-ever indigenous military aviation deal worth around Rs 48,000 crores.

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