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'Taxtortion' Epidemic in New India

Last Tuesday, the shares of Polycab, which had a market capitalisation of Rs80,000 crore and sales of over Rs16,000 crore, slumped 9% on the news of income tax (I-T) searches at its offices for alleged tax evasion. The stock stabilised for a day and then collapsed 21% on Thursday when the I-T department issued an unusually detailed press release saying that it had discovered undeclared cash sales of Rs1,000 crore; the release did not name Polycab.

Uttarakhand , Uttaranchal , India , Tamil-nadu , Telengana , Andhra-pradesh , Hindustan , India-general- , Bharatiya-janata-party , Eicher-motors , Supreme-court

Ashwin Dani Cause of Death? Co-Founder Of Asian Paints Ashwin Dani Passed Away

Ashwin Dani Cause of Death? Co-Founder Of Asian Paints Ashwin Dani Passed Away His sudden passing left the whole community in shock

India , Mumbai , Maharashtra , Malav-dani , Ina-dani , Ashwin-dani , Ashwin-dhani , University-of-mumbai , Institute-of-science , Colour-group-of-india , Asian-paints-ltd-ashwin-dani , Dani-cause

Stock market indices open weak amid Ukraine-Russia crisis; Sensex nosedives 984.56 points, Nifty gives up 16,950

Stock market indices open weak amid Ukraine-Russia crisis; Sensex nosedives 984.56 points, Nifty gives up 16,950

Japan , India , Hong-kong , United-kingdom , Texas , United-states , White-house , District-of-columbia , China , Saudi-arabia , Luhansk , Luhans-ka-oblast-

Indigo Paints IPO Worth Rs 1,170 Crore Opens Today: Should You Subscribe?

Indigo Paints IPO worth Rs 1,170 crore opens today: Should you subscribe?
Indigo Paints IPO: Many brokerage houses recommended investing in the public issue given the company's fast growth in the last decade compared to peers
Sunil Shankar Matkar
January 20, 2021 / 05:12 PM IST
Indigo Paints, the fifth largest decorative paint company in India, opens its initial public offering for subscription on January 20 with a price band at Rs 1,488-1,490 per share.
The IPO comprises fresh issue of Rs 300 crore, and an offer for sale of 58,40,000 equity shares by promoter (Hemant Jalan) and investors (Investors Sequoia Capital India Investments IV and SCI Investments V).

India , Kerala , Pudukkottai , Tamil-nadu , Nirali-shah , Anand-rathi , Hemant-jalan , Kansai-nerolac , Akzo-nobel , Senior-research-analyst-at-samco-securities , Indigo-paints , Investors-sequoia-capital-india-investments