Polycab India’s stock fell 22% when the IT department discovered Rs 1,000 crore in unreported cash sales.

SEO Meta Description: Learn about the startling discoveries that caused Polycab India’s shares to fall 22% as a result of undeclared cash transactions of Rs 1,000 crore. Examine the conclusions of the Finance Ministry and the fallout from the income tax department’s investigation to establish a network of tax evasion and mysterious transactions. Introduction Following…

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Budget 2024: What the Insurance Industry Anticipates, from Section 80 C Growth to GST Decrease

There is a tangible sense of excitement about the budget 2024, particularly in the health insurance sector. The interim budget of Finance Minister Nirmala Sitharaman, which is scheduled to be presented on February 1, 2024, just before the Lok Sabha elections, is being attentively observed by experts. The two main expectations of the sector are…

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Ola Electric IPO: Navigating the Risks in the Buzzing Electric Scooter Market

Introduction: Ola Electric’s Bold Move into the IPO Arena In a groundbreaking move, Ola Electric, backed by SoftBank Group, has set the stage for India’s first-ever initial public offering (IPO) in the electric vehicle (EV) sector. The draft papers submitted to the Securities and Exchange Board of India (SEBI) on December 22 have unveiled ambitious…

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“Ola Electric IPO -Green Future: Sustainability”; Is good for long-term investment ?

Introduction Ola Electric IPO, the SoftBank Group-backed e-scooter giant, has thrown its hat into the ring by filing a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The document reveals a fascinating facet – the company’s dividend history or, more precisely, the lack thereof. Ola Electric IPO Details Unveiled…

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JN 1 Sub-Variant of COVID-19: Something to worry about?

Introduction JN 1 Sub-Variant: In a recent statement, Kerala Health Minister Veena George highlighted the state’s proactive approach in monitoring the emergence of the COVID-19 sub-variant JN.1. As reported by ANI, Minister George reassured the public, stating, “No need for any worry. That is a sub-variant (COVID-19 sub-strain JN.1). Now it is detected. When they…

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