The GST cess collection was at ₹129.53 billion in July, up 10.0% on year.
The budget raised the long term capital gains tax on equities from 10% to 12.5%.
EBITDA increased by 14.8% to ₹103.4 Crore in the first quarter of this fiscal year, up from ₹90.1 Crore the previous year.
Following the deal, GAVL will own a 100% share in GTFL, further integrating its operations, the firm stated in a stock exchange filing.
Domestic mutual funds were allotted ₹1,117 Crore worth of shares.
In the first quarter of this fiscal, EBITDA climbed by 16.5% to ₹376.1 Crore, up from ₹322.8 Crore in the previous year.
According to sources, the deal's floor price of ₹2,180 per share represents a 3.4% discount from the current market price (CMP).
Refinery products contracted in June, putting the maximum pressure on core sector growth
After a fiscal surplus in May, India was back to a fiscal deficit in June; but it is much lower than expected.
This move intends to allow the respective businesses to follow their unique objectives with greater agility, hence increasing shareholder value.
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