Grasim gets Rs 5,872 cr tax demand on its mega merger

New Delhi Mar 16 PTI : Aditya Birla Group firm Grasim Industries Saturday said it has received Rs 5,872.13 crore tax demand from the Income Tax department with respect to its merger with Aditya Birla Nuvo and Aditya Birla Financial Services.

“The company has, on March 15, 2019, received…

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Rupee appreciates 20 paise to 69.14 vs USD in early trade

Mumbai, Mar 15 (PTI) The rupee appreciated by 20 paise to 69.14 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and higher opening of domestic equities.

The rupee opened at 69.28 at the interbank forex market, then gained further ground and touched…

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Wholesale inflation rises to 2.93 pc in February

New Delhi Mar 15 PTI:   Inflation based on wholesale prices inched up to 2.93 per cent in February over the previous month on account of firming up of prices of food items, including vegetables and cereals, according to government data released on Thursday.

The Wholesale Price Index (WPI)-based…

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Sensex soars over 300 pts, Nifty above 11,250

Mumbai, Mar 12 (PTI) The BSE benchmark Sensex Tuesday jumped over 300 points led by gains in metal, oil and gas, banking and energy stocks amid unabated buying by foreign investors and strong global cues.

Key indices extended the pre-election rally on expectations that the incumbent NDA government will…

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