On August 9, BSE announced a 'Add-on Price Band' Framework to curb extreme run-up in stock prices. Accordingly, securities listed exclusively on BSE Trading Platform will be subjected to additional periodic price limits viz. weekly, monthly and quarterly price limits. on Watch to know what lies ahead for the broader markets

BSE introduces Add-on Price Band: Outlook for broader markets explained

Zydus Wellness Ltd on Saturday said its wholly-owned arm has received a GST demand of Rs 56.33 crore, along with applicable interest and penalty from the tax authority.
Zydus Wellness Products Ltd (ZWPL), a wholly-owned subsidiary company, has received an intimation from the Directorate General of Goods and Services Tax Intelligence, Surat Zonal Unit, alleging GST demand of Rs 56.33 crore, along with applicable interest and penalty, Zydus Wellness Ltd said in a regulatory filing.
The intimation alleges that the GST was payable in relation to the acquisition of intellectual property rights from Heinz Italia S.P.A. by Heinz India Pvt Ltd, now merged with ZWPL, it added.
"ZWPL believes that there is a strong merit in the case, and ZWPL is evaluating the next steps based on a detailed review of the intimation," the filing said.
The period covered by the order relates to the pre-acquisition period prior to January 30, 2019, the filing said.
Due to this order, there is no impact on ...

Zydus Wellness Ltd on Saturday said its wholly-owned arm has received a GST demand of Rs 56.33 crore, along with applicable interest and penalty from the tax authority.

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The Supreme Court on Saturday gave the Punjab government time till December 31 to persuade farmer leader Jagjit Singh Dallewal, who has been fasting for over a month, to shift to hospital.
In an unprecedented hearing, a vacation bench of Justices Surya Kant and Ujjal Bhuyan pulled up the Punjab government for allowing the situation to escalate and not complying with its earlier directions to provide medical assistance to Dallewal.
Expressing helplessness, the Punjab government said it is facing huge resistance from protesting farmers who have encircled Dallewal and are preventing him from being taken to hospital.
Punjab Advocate General Gurminder Singh told the bench that a team of experts visited the protest site and tried to persuade Dallewal to shift to hospital and take medical help.
"He (Dallewal) has refused any kind of medical aid, including (IV) drips, saying that it will undermine the cause of movement," he said.
This infuriated the bench which blamed the Punjab governmen

Expressing helplessness, the Punjab government said it is facing huge resistance from protesting farmers who have encircled Dallewal and are preventing him from being taken to hospital

SWAR (Speech and Written Analysis Resource) platform was launched on the occasion of Good Governance Day on December 25

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BSE introduces Add-on Price Band: Outlook for broader markets explained

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