Sensex Today | Share Market Live Updates: Sensex, Nifty to remain cautious; Middle East tension to be in focus
₹1.81 crore on its subsidiary Hindustan Zinc.The order was received on Sunday, October 8, Vedanta Ltd informed the exchanges."The company has received an order from Assistant Commissioner, Div-A, Central GST Audit Circle, CGST, Udaipur imposing a penalty of Rs. 1,81,06,073/- under Section 74(9) of the CGST Act 2017 read with corresponding provisions of the SGST Act, 2017 and Section 20 of IGST Act, 2017 for the period July 2017 to March 2018," Vedanta Ltd said.
(PTI)Tata Steel received a boost in its Issuer Default Rating (IDR) from Fitch Ratings on Monday, with the rating being upgraded from 'BB+' to 'BBB-' as a result of the company's efforts to mitigate risks stemming from its UK operations. This upgrade was predicated on the improvement of Tata Steel Limited's standalone credit profile (SCP), which was raised from 'bb' to 'bb+', reflecting a decrease in uncertainty and financial risk associated with its UK operations.
(Read More)Maruti Suzuki India Ltd on Monday said it is looking to invest as much as ₹1.25 trillion by 2030-31 to develop 10-11 new models, including six electric vehicles (EVs), and double its annual production to 4 million units. In a presentation, the country’s largest carmaker said it plans to dial up its presence in new vehicle segments, including hybrid, flex fuel and electric, particularly in the sport utility vehicle (SUV) format.The company said it expects EVs to make up 15-20% of its sales by 2030-31.
“Another 25% could be hybrids, and the rest would use ethanol, CNG (compressed natural gas) and possibly CBG (compressed biogas)," it said. (Read More)Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher recommends: 1.
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