Mastek share price jumped 20% on Thursday after the company announced that it has been named as a supplier on the UK Ministry Of Defence’s Digital and IT Professional Services (DIPS) framework. Mastek shares hit a 20% upper circuit limit at ₹3,100.25 apiece on the BSE after the announcement. Mastek share price has gained over 9% in one month, while the stock is up more than 80% in past one year.
Open FlipThe government is working on easing the 'related party transaction’ clause under the Goods and Services Tax, for foreign companies in India. This is likely to happen within 100 days after the elections, which will exempt airlines and shipping lines from paying GST at the time of import of services, but which they can pay at the time of disbursal of services, a senior government official said.
Open FlipAfter failing to attract buyers in its previous tender, the Yamuna Expressway Industrial Development Authority (YEIDA) has reintroduced its group housing scheme and put on sale six plots in sector 22D along the Yamuna Expressway near Noida International Airport. According to officials, the authority is looking at a revenue of at least Rs 450 crore from the allotment of these group housing plots
Open Flip