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The Punjab and Haryana High Court has held that once the search and seizure were conducted and an assessment order was passed by invoking Section 153A of the Income Tax Act for the AY 2006-07 to...
VST Industries Block Deal: Meanwhile, SBI Mutual Fund has also bought 1.4% stake in the transaction, under which the sellers were HDFC Mutual Fund and DSP Mutual Fund. Both the funds offloaded nearly 3% stake in combination. According to the latest shareholding data, VST Industries is majority-owned by public shareholders at 67%, while promoters have the rest 32%.
HDFC Bank, ICICI Bank, Reliance Industries, Bajaj Finance and Tata Motors were most active on NSE today, in terms of value. Tata Steel, ONGC and SBI were the other buzzing stocks on the platform.
GM Exit From India: The completion of the acquisition and assignment is subject to fulfilment of “certain conditions precedent and receipt of regulatory approvals from relevant government authorities and relevant stakeholders,” said the company statement.
AsiaToday reporters Kang Tae-yoon & Woo Sung-minHyundai Motor Group Executive Chair Chung Eui-sun has made his bid for victory to take the lead in..