Sat, Dec 12, 2020 5:55 PM
Premium on Burger King shares in grey market jumps to 75% ahead of listing
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Pharma major Cipla Ltd on Friday said it has been imposed a penalty of Rs 1.83 crore by the GST authority for claiming inadmissible transitional credit on education cess. The company has received an order from the Principal Commissioner of CGST & Central Excise, Mumbai, Maharashtra imposing a penalty of Rs 1,83,17,388 under applicable provisions of the Central Goods and Services Tax Act.
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InterGlobe Enterprises, the parent company of India’s top airline IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026, that will carry passengers from Connaught Place in the national capital to Gurugram in Haryana in just 7 minutes. Archer Aviation will supply 200 electric vertical takeoff and landing (eVTOL) aircraft that can carry four passengers.
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💰The top gainers in the Nifty index were Bajaj Finance (up 3.28%), Mahindra & Mahindra (up 2.86%), Maruti Suzuki India (up 2.47%), HDFC Bank (up 2.45%), and JSW Steel (up 2.37%). 💰The top losers in the Nifty index were Bajaj Auto (down 2.40%), HCL Technologies (down 1.32%), Divis Laboratories (down 1.32%), Nestle India (down 1.01%), and Tata Consultancy Services (down 0.93%).
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