Auto Sector

The GST Council resolved on Tuesday to impose a 28% tax on the total amount of money consumers pay in a blow to the nation's online gaming industry.

Reports said that discussions are still ongoing, and Adani and Reliance Power may decide not to make formal offers.

As part of the bid, Vidarbha Industries Power Ltd, a company operating 600-megawatt generation facilities in central India, is included.

The company is mostly relying on brand monetization, refinancing, and the transfer of general reserves to retained earnings to achieve its payback timeframes.

In a 50:50 joint venture with NTPC, the government will carry out the projects.

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Mirae Asset Nifty Bank ETF.

This comes a day after it terminated its chip-making joint venture with the Vedanta Group, Vedanta-Foxconn Semiconductors Ltd (VFSL).

The securities have been included in the F&O ban list as they have exceeded 95% of the MWPL, as reported by the NSE.

One of the top three coal-producing subsidiaries of Coal India Ltd (CIL), which is part of the Ministry of Coal, is South Eastern Coalfields Ltd (SECL), which has 67 blocks.

Another quarter impacted by lower discretionary spend