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It Took Ten Days to Count: The Team Acknowledged for the Largest Income Tax Raid in India to Date
By infodivyadelhi
17-08-24
Divya Delhi : Last year, the Income Tax Department carried out its biggest-ever search, seizing an astounding Rs 352 crore in cash. The operation, which targeted an Odisha distillery company in December 2023, required a labor-intensive 10-day process to count and secure the money that was taken.Finance Minister Nirmala...
Byju's admitted to insolvency resolution procedure, NCLT orders in BCCI's plea
By infodivyadelhi
17-07-24
Divya Delhi In a BCCI plea, the National Company Law Tribunal (NCLT) allowed Byju's parent Think and Learn to insolvency resolution on July 16.The tribunal designated Pankaj Srivastava as interim resolution professional to oversee the company until the lenders create the Committee of Creditors."The Interim Res...
Jeff Bezos To Sell $5 Billion Shares of Amazon, His Stake To Come Down To 8.8%.
By infodivyadelhi
17-06-24
Divya Delhi  Jeff Bezos, founder and executive chair of Amazon, is set to sell $5 billion of shares of the e-commerce giant. The selling of 25 million scrips by Bezos will reduce his stake in Amazon to 8.8 per cent or 912 million shares.Amazon’s shares on Wednesday fell 1.21 per cent to $197.59 after the Bez...
'It took 17 years to come back': Is it time to buy, hold or sell stocks? Analysts react as Sensex hits 80,000
By infodivyadelhi
17-06-24
With the Sensex hitting the 80,000 level for the first time and the Nifty 50 crossing 24,300 level in a first, stock investors are wondering whether the recent rally on the two largecap indices would sustain. The 30-pack index has climbed 14,729.98 points, or 22.59 per cent, in the last one year. Nifty, on the other ha...