As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ready to go to court to fight back.
Posts in category All News
Macfos Limited- A niche E-commerce Company (11-11-2024)
Another good set of numbers ….
Sebi considers process to seek waiver of interest on penalty payment (11-11-2024)
Markets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiated by it for failure to pay penalty.
Under the proposal, the regulator suggested that the applicant’s requests for waiver/reduction should be submitted to the relevant Recovery Officer, with documentation supporting the fulfilment of three criteria from Section 220(2A) of the Income Tax Act, 1961. Section 220(2A) allows the waiver or reduction of this interest under specific conditions.
The criteria include payment of such an amount causing genuine hardship to the applicant; default was due to circumstances beyond the applicant’s control and the applicant has cooperated in any related inquiry.
In its consultation paper, Sebi has suggested that applications are allowed only if the notice of demand has already been served and the principal amount due is fully paid.
The Sebi’s recovery officer will forward the application to the Competent Authority
Phantom Digital Effects Limited (11-11-2024)
Please post the summary if anyone is able to make the call. I’ll do the same, thanks.
Samhi Hotels – Turnaround with Tailwinds (11-11-2024)
I am waiting for @nirvana_laha to update us on the quarterly call.
Everything seems so good with this stock. I think everyone has a strong expectation with this company so people are buying in huge quantity via MTF and dump it when not moving as expected. Same trend for many months now.
It will go up when no-one, just need to have patience for 2-3 years.
Board of Ramco Industries approves investment of Rs 160 cr in The Ramco Cements (11-11-2024)
At meeting held on 11 November 2024
Sebi mulls process to seek waiver of interest on penalty payment (11-11-2024)
Markets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiated by it for failure to pay penalty. Under the proposal, the regulator suggested that the applicant’s requests for waiver/reduction should be submitted to the relevant Recovery Officer, with documentation supporting the fulfilment of three criteria from Section 220(2A) of the Income Tax Act, 1961. Section 220(2A) allows the waiver or reduction of this interest under specific conditions.
Britannia Industries Q2 Results: PAT falls 10% YoY to Rs 531 crore, revenue up 5% (11-11-2024)
Britannia Industries Q2 Results: FMCG player Britannia Industries Ltd on Monday reported 10% decline in its consolidated net profit at Rs 531 crore in the quarter ended September 2024. It was Rs 588 crore in the year-ago quarter.