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MC Markets Poll: 2024 to be another year of bulls, largecap stocks to rally
By infodivyadelhi
25-12-23
As we enter the new year 2024, hopes run high that the market will continue to rally this year too, extending its winning streak to the ninth year in a row. However, the stellar run has also induced some cautiousness among market participants.In a Moneycontrol Markets Poll, nearly half of the 35 analysts and fund ...
Not Liable To Pay Any Tax": Zomato On ₹ 401 Crore Notice For Unpaid GST
By infodivyadelhi
25-12-23
Food delivery platform Zomato has received a Rs 401.7 crore show cause notice from the Directorate General of GST Intelligence, Pune Zonal Unit, the company said in a regulatory filing late on Wednesday. The notice is based on the non-payment of goods and services tax (GST) on money collected by the company a...
UCO Bank recovers Rs 705 crore mistakenly credited to thousands of accounts
By infodivyadelhi
25-12-23
UCO Bank has recovered Rs 705.31 crore out of the Rs 820 crore that was mistakenly credited to numerous accounts in November, said Union Minister of State for Finance, Bhagwat Karad, The transfer of funds to 41,000 UCO Bank accounts was a consequence of a technical glitch in the bank's IMPS payment channel. The gli...
UPI transactions surge from ₹92 crore to 8,375 crores in 5 years
By infodivyadelhi
25-12-23
Unified Payments Interface (UPI) stands as the primary catalyst in the substantial expansion of digital payments union finance ministry said in a written reply to Lok Sabha, contributing to a reduction in growth of bank notes in circulation to 7.8 per cent in the last fiscal year, as per government statement. Minister ...