The Financial Express
GIFT Nifty traded up 34 points, or 0.17%, at 19,734.50, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. On Friday, the NSE Nifty 50 fell 0.22% to settle at 19,751.05, while the BSE Sensex shed 125.65 points to 66,282.74.
“Weak global cues and a sharp rise in crude oil prices dampened the market sentiment as banking and technology stocks led the downfall. While the market is already coping up with global economic uncertainty, concerns over the flare up in Israel-Palestine conflict has been making investors jittery. Investors are also worried about the persistent FII selling and the rising US dollar and treasury yields,” said Amol Athawale, Vice President – Technical Research, Kotak Securities.
Mumbai International Airport (MIAL) and Navi Mumbai International Airport (NMIL) subsidiaries of Adani Enterprises have received initiation of investigation of books of accounts and other books and papers from the Regional Director, Southeast Region, Hyderabad, Ministry of Corporate Affairs.
“We would like to clarify that acquisitions of MIAL and NMIAL by the Company were completed during the year financial year 2021-22, significant part of the information / documents being sought through the above communications are pertaining to the prior period starting from 2017-18 to 2021-22. MIAL and NMIAL shall be responding to the said communications, in accordance with applicable legal provisions,” the company said in a regulatory filing.
The company will sell 9% stakes of Tata Technologies (a subsidiary of the Company) to TPG Rise Climate SF Pte, a climate-focused private equity fund.
The company has received a penalty for underpayment of advance tax for the financial year 2021-22 from New York State Department of Taxation and Finance – Corporate tax.
HDFC Bank is set to report its earnings for the second quarter this fiscal year. This will be HDFC Bank’s first earnings results following its merger. The merger of HDFC Bank and HDFC (Housing Development Finance Corporation) was finalised on July 1, 2013.
Board of Directors of the Company approved the recommended the 1st interim dividend of Rs 7 per share for financial year 2023-24 on its fully paid-up Equity Share Capital of the Company to be paid to the eligible shareholders, holding shares of the company as on the record date i.e. October 26, 2023.
“The Company has received an intimation for payment of shortfall tax under Section 74(5) of the CGST Act, 2017 and West Bengal GST Act, 2017, from the Directorate General of GST Intelligence, Kolkata, on October 13, 2023, according to the information available on the NSE.
Jio Finance
Federal Bank
Bank of Maharashtra
CEAT
Yatra Online
Nelco
Oriental Hotels
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