During investigation, DGCEI officials allegedly found that Mondelez India had claimed excise duty exemption for its new unit in Sandoli village in Baddi relating to a period even before it came into existence, the officials said..Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Mondelez pays over Rs 400 cr to settle tax dispute involving alleged ‘ghost’ unit in India
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The comments by the head of India’s largest lender may give a momentum fillip to the stock but a lot will depend on how the private bank raises funds in the coming days. All eyes will be on the bank’s extraordinary general meeting (EGM) called on February 7. … [Read more...] about Yes Bank share price surges 7%, should you buy it?
Meanwhile, the sharp push seen in Dollar Index in mid-June against major currency peers is a point of concern. Potential for this to extend is very much possible, given ECB’s dovish forward guidance, prompting traders to rule out a rate hike for the near term. … [Read more...] about The real culprit for fall in rupee is oil! Re headed for 70, and beyond