Top headlines: Zee, L&T face IT heat; pharma Covid vaccine war intensifies

From firms facing I-T heat over GST evasion charges to failure of govt-farmer talks, here are top headlines this morning

Firms face I-T heat over GST evasion charges; L&T, Zee offices 'surveyed'

About two dozen Mumbai-based companies and businesses have come under the scanner of tax officials for possible violations of provisions related to goods and services tax (GST) and alleged tax evasion through fake bills in the past two financial years. This resulted in a “survey action”, initiated by the Income-Tax (I-T) department along with a GST team, on Monday against two major business groups —construction major Larsen & Turbo (L&T) and Essel Group’s Zee Entertainment. Read More

RBI wants IDBI Bank to come out of PCA