India News
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GST collections have crossed Rs 1 lakh crore mark for the third month in a row in January 2020. GST collection recorded in January 2020 is likely to be between Rs 1.08 lakh crore to Rs 1.13 lakh crore, CNBC TV-18 reported unidentified sources as saying. After the collections rose to over Rs 1 lakh crore in November, this is the third time that collections have swollen. Previously, the gross GST revenue collected in December 2019 stood at Rs 1,03,184 crore, government data showed. This was a 9% on-year jump in goods and services tax collections as in December 2018, the GST collection stood at Rs 97,276 crore.
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Rakesh Jhunjhunwala, the billionaire stock market investor, is under Securities and Exchange Board of India (Sebi) scanner for insider trading in education firm Aptech. Jhunjunwala and his family own majority stake in Aptech, reports The Economic Times.
According to Livemint, the market regulator is examining the time period of February 2016 to September 2016.
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The Ministry of Health and Family Welfare (MoHFW) has launched a 24*7 helpline to respond to queries on the novel coronavirus.
Novel coronavirus helpline number: +91-11-23978046.
A person needs help, he/she can call the number to know the details about the District and State Surveillance Officers and if required, can connect with the Integrated Disease Surveillance Programme (IDSP) in case of any clinical query.
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The battle over the assets of the late K K Modi, between his widow, Bina, and son, Lalit Modi, has taken another step.
In a series of tweets on Monday, Lalit Modi said all assets of the group were on sale. Meanwhile, Bina Modi has been elected chairperson of Modi Enterprises.
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Barely five days after the Andhra Pradesh legislative council sent the three capitals bill to the select committee, the state assembly on Monday passed a resolution to dissolve the council itself.
The resolution tabled by the YSR Congress Party and subsequently passed by the assembly will be sent to the Central government for further process.
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Even though no case of novel coronavirus infection has been confirmed in India, the suspected cases have created quite a scare across the country. On Tuesday, three suspected cases of the infection were reported in Delhi. All of them have been admitted to the Ram Manohar Lohia hospital.
Dr. Minakshi Bhardwaj, Medical Superintendent of the RML hospital has informed that the patients have been kept in isolation for further treatment.
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Shares of InterGlobe Aviation, the parent company of budget carrier IndiGo, soared over 3 per cent to Rs 1,541.2 on the BSE on Thursday after the company reported a steep rise in profit after tax (PAT) at Rs 496 crore for the quarter ended December 2019, mainly helped by higher income. The company had a profit after tax of Rs 185.2 crore in the year-ago period.
The company's total income surged a robust 25.5 per cent to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago.
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Sri Lanka suspended its policy of granting visa on arrival for Chinese travellers on Tuesday, a day after the health authorities detected the country's first coronavirus infection.
Sudath Suraweera, the chief epidemiologist of the country's health ministry, said on Monday that a 40-year-old Chinese woman was found positive for the virus.
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Shares of HDFC advanced 3.13 per cent to Rs 2,470.85 on the BSE on Tuesday after the housing finance firm posted a strong December quarter result on Monday. The non-banking finance company (NBFC) reported a 219 per cent rise in profit before tax (PBT) at Rs 9,143 crore in the third quarter of the current financial year mainly aided by a one-time fair value gain of Rs 9,020 crore.
At 9:41 am, the stock was trading 2.47 per cent higher at Rs 2,454.9 apiece on the BSE, as against a 0.3 per cent rise in the S&P BSE Sensex. So far, over 2.36 million shares have changed hands on the counter on the NSE and BSE.
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Shares of Adani Gas slipped 14 per cent to Rs 148 on the BSE in Friday's session on reports that Petroleum and Natural Gas Regulatory Board of India (PNGRB) has sent a notice to the company for failing to disclose crucial information regarding a scheme of arrangement with Adani Enterprises.
According to the report by TV channel CNBC Awaaz, Adani Gas has bid for gas projects using networth calculations of Adani Enterprises and that the company’s shareholding changes and restructuring violated city gas distribution regulations.
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