FEL's board to meet on Saturday, to discuss raising funds
Thu, Aug 27, 2020 12:24 PM

FEL's board to meet on Saturday, to discuss raising funds

Get it on Google Play
Last week, the Kishore Biyani-led Future Enterprises Ltd (FEL) said it has defaulted on interest payment of non-convertible debentures worth a total of ₹265 crore. A source said Reliance Industries will invest Rs 8,500 crore to own 50 per cent stake in the merged entity.

More great flips

Check out the top gaining stocks of last week 👇👇

Check out the top gaining stocks of last week 👇👇

🔸Greaves Cotton: 30% 🆙 with e-three-wheelers clocking a 101% growth last year. 🔸Adani Green: 19%🆙 after declaring a provisional operational update for the (Q3FY22). 🔸RBL Bank: 15%🆙 after NARCL Chairman inducted to find MD and CEO. 🔸Sunteck Realty: 11%🆙 after reporting pre-sales worth Rs 352Cr. 🔸Hinduja Global: 10%🆙 board-approved digital and media businesses.

Open Flip
Mall owners to stand by their tenants amid pandemic: SCAI

Mall owners to stand by their tenants amid pandemic: SCAI

Shopping Centres Association of India has stated that mall owners will stand by their tenants & are likely to offer relief to retail stores, food outlets & multiplexes amid the fresh COVID wave. “A final decision in this regard would be taken after the end of this month after assessing the impact, as the restrictions imposed by the state government are changing every week”, says SCAI director.

Open Flip
Upcoming budget could consider levying TDS/TCS on crypto trading

Upcoming budget could consider levying TDS/TCS on crypto trading

In the upcoming budget, the government could consider levying TDS/TCS on the sale and purchase of cryptocurrencies above a certain threshold. Nangia Andersen LLP Tax Leader Aravind Srivatsan says such transactions should be brought within the ambit of specified transactions for the purpose of reporting to income tax authorities.

Open Flip

Join our Smart Investment Community

More than 450,000 users are using FlipItNews to stay updated about the business and finance world! Join FlipItNews now and take smart investment decisions!
Icon