Out of 19.31 lakh composition dealers, 11.47 lakh have filed their quarterly return (GSTR 4) which is 59.40% and have paid total tax of Rs.579 crores, which is included in the above figure of Rs.1.03 lakh crore of total GST collection. The total revenue earned by Central Government and the State Governments after settlement in … Read more
NEW DELHI: Bollywood actor Rajpal Yadav, along with his wife, was on Friday convicted in a Rs 5 crore loan recovery case. Holding the actor guilty, the Karkardooma court has set 23 April as the date for his sentencing. The case dates back to 2010 when Yadav and Radha had taken a loan from a … Read more
Bharat Heavy Electricals (BHEL) has won a Rs 11,700 crore order for setting up a 3×800 MW supercritical thermal power plant in Jharkhand. The order for setting up the 3×800 MW Patratu Super Thermal Power Station Expansion, Phase-I (3x 800 MW) has been placed on BHEL by Patratu Vidyut Utpadan Nigam (PVUNL – a subsidiary … Read more
The regulator has imposed fine for unfair business practices with respect to fixing fuel surcharge on cargo transport The Competition Commission of India (CCI) has imposed a fine of Rs 5.10 crore on SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog has also directed SpiceJet to cease … Read more
The regulator has imposed fine for unfair business practices with respect to fixing fuel surcharge on cargo transport The Competition Commission of India (CCI) has imposed a fine of Rs 39.81 crore on Jet Airways for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog has also directed Jet Airways … Read more
Shriram Transport Finance Company has raised funds worth Rs 500 crore on private placement basis. The Allotment Committee – NCDs of the company in its meeting held on March 06, 2018, has approved and allotted 5,000 Secured Redeemable Rated Listed Non-Convertible Debentures of face value of Rs 10 lakh each, aggregating to Rs 500 crore. … Read more
Religare Enterprises has received an approval to raise over Rs 916.42 crore by issuing warrants convertible to equity. The Investment, Borrowing and Share Allotment Committee of the company at its meeting held on February 19, 2018 has approved raising of funds through issue of warrants on preferential basis. The company will issue up to 175,559,960 … Read more
