Finance Ministry launches probe into unaccounted cash deposits by jewellers during demonetisation
In one case from Gujarat, a jeweller deposited cash worth Rs 4.1 crore between November 11 and December 31 in 2016, as against Rs 44,260 during the same period in 2015. The jeweller was unable to justify the massive increase of 93,648% as sale proceeds. PM Modi on November 8, 2016, had announced a ban on high-value currency notes.
Global stress funds lap up Reliance Capital debt on hopes of repayment
Secondary market discount narrows to 70% from 80% in Nov after Relianc...
DealerSocket sets up centre of excellence in Bengaluru, to hire 200 people by year-end
The company, which has operations in the US, Canada an...
Bullion dealers double the discount on weak demand
Gold prices are expected to stay firm in 2020, according to analysts.
Snapdeal to add another 5000 manufacturer-sellers to its platform in 2020
The ability to sell directly also means that producers get prompt feedback from the users, allowing them to make appropriate decisions regarding future demand and trends.
Indian gold dealers switch to premium on holiday constrained supply
Supplies are limited as most of the international suppliers are on leave, allowing sellers to charge a premium.
This midcap flies high on e-comm boost, stock gains 20% in a month
Online sales contributed over 20 per cent to total sales in the first half of FY20.
Taxmen catch Bengaluru dealers not issuing GST invoices, slap penalty
The officials also found suppressed turnover of about 21 crore involving taxes of about Rs 3 crore, Commercial Taxes Commissioner MS Srikar said in a press release. The officials visited business premises in the guise of customers at SP Road, BVK Iyengar Road, Sultan Pet, Raja Market etc., in Bengaluru and conducted test purchases of goods in 113 premises.
FADA moves Supreme Court seeking relief in sale of BS-IV vehicles after April 1 deadline
Last year, the Supreme Court had ordered that no Bharat Stage IV vehicle shall be sold in the country with effect from April 1, 2020. The Bharat Stage VI (BS-VI) emission norms would come into force from April 1 next year.
November automobile retail marginally improves over last year
The number of registrations of vehicles at regional transport offices (RTOs), which is a proxy for retail sales, improved 2% over last year. Registrations improved for all categories of vehicles except commercial vehicles like trucks and buses, the sales of which continue to decline.
What changed for D-Street while you were sleeping
Analysts said if Nifty50 breaches the 12,230 mark on the downside, then it will slip further.
Kotak Life charges fixed income dealer for fraud
Kolhe has admitted to 70 deals in which he received money from external parties.
Silicon Valley startup Vested gets funded by IP Ventures
Vested has partnered with Indian banks to simplify the fund transfer process on its platform.
Asia shares lurch lower, flu concerns a possible culprit
Spot gold edged up to $1,566.71 per ounce, and back toward a seven-year peak of $1,610.90 reached last week.
Volkswagen to reduce dealer-partners in India to 50
The company is, however, encouraging its existing dealer-partners to open more outlets to increase sales.
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