Gautam Adani

Photo: First Post

Adani Groups Speak About Independent Audit Hiring News, Says Its Market Rumour

The Adani Group finally spoke about the news of hiring a US Firm for independent audit, amid Hindenburg claims.On February 16, company said, "We would like to clarify the said news item appears to be a market rumour and hence it would be inappropriate on our part to comment on it… We wish to confirm we have made and will continue to make disclosures in compliance with obligations under SEBI 

Thu, 16 Feb 2023 - 02:12 PM / by Varsha Joshi

Tags: Adani Groups, Hindenburg Report, Independent Audit, TAXES, SEBI

Courtesy: Hindustan Times

Crude oil

Photo: HIndu Business Line

Govt Reduces Windfall Tax On Fuel Export, Domestic Crude Oil, ATF Amid Global Oil Prices Fall

After global oil prices plummeted, government removed three-week-old tax on petrol exports and reduced windfall levies on international shipments of diesel and ATF, and domestically produced crude oil, on July 19. While the export duty on petrol was abolished at Rs 6, the duty on diesel and jet fuel (ATF) was reduced by Rs 2 per litre. The tariff on domestic crude was also reduced to Rs 17,000 per tonne.

Wed, 20 Jul 2022 - 02:15 PM / by Vidhi Jhunjhunwala

Tags: Central Government, TAXES, Fuel, Export, domestic crude oil

Courtesy: Zee news


Photo: Outlook India

High Taxes Hampers Luxury Automobile Industry In India: Audi

Indian luxury automobile industry has enormous development potential, but it is stifled due to high luxury car taxes and unfavorable regulatory environment. Luxury automobile sales account for less than 2% of total passenger vehicle sales each year, and market has been relatively stable over the last decade. Despite the fact the nation is home to many billionaires, Audi Director Region Overseas Alexander von Waldenburg-Dresel stated luxury… read-more

Mon, 18 Jul 2022 - 07:34 PM / by Vidhi Jhunjhunwala

Tags: Audi, TAXES, Indian luxury car market, Car, Luxury cars

Courtesy: DNA INDIA

Elon Musk, Tesla

Photo: The Financial Express

Tesla Extends Share Sell-Off Following Musk's Tweet

Tesla's share extended their recent sale on November 15, as investors responded to Elon Musk's tweet on stock sales of $6.9 billion. The company traded low at $978.60 billion, pushing its market value to less than $1 trillion for the second time on an intra-day basis on November 15. Musk tweeted to Bernie Sanders, "Want me to sell more stock?" after the… read-more

Tue, 16 Nov 2021 - 10:21 AM / by Nehal Surana

Tags: Tesla, Tesla CEO Elon Musk, Shares, USA, TAXES

Courtesy: Reuters