To decide whether capital gains on surrender of call options are taxable
Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.
On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
Adani Enterprises became the fourth listed company of Gautam Adani Group to cross Rs 4 trillion market capitalisation (market cap), as the stock hit a new high on the BSE in Tuesday's intra-day trade. At 01:24 pm; with Rs 4.04 trillion market cap, Adani Enterprises stood at number 15th position in overall market cap ranking on the BSE, data shows. Adani Transmission is at top of the group companies list, with market cap of Rs 4.48 trillion, followed by Adani Total Gas (Rs 3.96 trillion), and Adani Green Energy (Rs 3.72 trillion).
The average asset of a Rajya Sabha Member of Parliament is Rs 20.17 crore, says a report by the Association for Democratic Reforms. It also says that 67 per cent of Rajya Sabha MP's are crorepatis.
Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.
As pollution levels worsened in Delhi, Chief Minister Arvind Kejriwal on Sunday said schools in the city will remain closed till Wednesday and announced a raft of "emergency" measures to deal with the situation including ban on construction and demolition activities for next five days and temporary closure of Badarpur Power Plant.
SC hands back AIFF's day-to-day management to federation's administration
The party insisted that a fair probe was not possible without removal of Madhya Pradesh Chief Minister Shivraj Singh Chouhan and alleged that he had protected the guilty.
Anil Madhav Dave is a known conservationist but may have to fight green allegations.
There was finally some joy among the gloom as fans thronged the Narendra Modi stadium in Motera for the second Test match between India and England.
'If you were to say today that the government should appoint judges to the high courts and Supreme Court, then I think that even those few good judges that we are getting today we would not get them.'
Decks were cleared on Friday night for an ordinance on Jallikattu after Tamil Nadu and the Centre worked feverishly even as the state stood on the edge and protesters on Marina beach and elsewhere refused to relent until the sport is held.
Sahara cousel Kapil Sibal said he was preparing an application.
The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.
Centre has not given any permission to states for culling of wild animals, Environment and Forests Minister Anil Madhav Dave on Monday said as concerns were expressed in Rajya Sabha over reports that nilgais had been killed in Bihar.
In an interim relief, the Supreme Court on Thursday ordered the status quo and said the Delhi High Court-appointed three-member Committee of Administrators (COA) will not take over the affairs of the Indian Olympic Association.
The Delhi High Court on Tuesday directed the setting up of a three-member Committee of Administrators (CoA) to take over the affairs of the Indian Olympic Association (IOA).
The Bharatiya Janata Party is confident of giving a tough fight to Union Minister Kamla Nath on his traditional Chhindwara Lok Sabha seat, drawing courage from its performance in 2013 assembly elections in which it bagged four out of seven seats from there.
100 square kilometre of Panna Tiger Reserve could go under water, writes Nitin Sethi.
The Delhi High Court on Wednesday placed Hockey India under a three-member Committee of Administrators (CoA) to run its day-to-day affairs
This is the first time that the saffron party has become the number one formation in the Upper House after the Narendra Modi government came to power in May 2014.
A special CBI court had in 2014 discharged Shah in the case.
The Central Information Commission has directed the Central Board of Secondary Examination to allow inspection of class 10th and 12th school records of Union Minister Smriti Irani, rejecting CBSE's contention that it constituted "personal information".
Sonam Kapoor's family and friends made sure to make her feel super special on her birthday, June 9, as they posted beautiful memories with the actress on social media.
India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to upstream regulator DGH. As many as 21 blocks or areas were offered for exploration and production of oil and gas in the Open Acreage Licensing Policy (OALP) Bid Round-VI, for which bidding closed on October 6. Besides ONGC and OIL, Sun Petrochemicals was the only other company to have bid, according to 'Summary of Bids Received Against Offered Blocks' posted by the Directorate General of Hydrocarbons (DGH).
The Board of Control for Cricket in India may be adamant in its opposition to the Decision Review System, but ICC CEO Dave Richardson says the world body is hopeful of changing India's stance by first convincing ICC Cricket Committee chief Anil Kumble about the controversial innovation.
ICC Chief Executive Dave Richardson has suggested that India's bad experience of the Decision Review System when it was first trialled might have played a part in BCCI's refusal to accept the controversial technology.
The incident triggered panic among motorists on the busy Sarjapur main road. The flames raged for a while, and the area was enveloped in smoke.
The ICC Cricket Committee has recommended the Test Playing nations to try out Day/Night Test matches after a lengthy discussion during its recent two-day meeting that concluded on Saturday.
Portfolios of more than half-a-dozen ministers are expected to be changed.
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
'All imaginary figures are pushed by government bureaucrats.' 'They never showed that the production of wheat was less this time.'
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
Nadu Chief Minister O Panneerselvam announced on Friday morning that the state government will amend a central act on Prevention of Cruelty to Animals to allow the conduct of Jallikattu in the state with the Centre's backing, and urged protestors across the state to withdraw their agitation following the likelihood of the bull-taming sport to be held in a "day or two."
Rajneesh Gupta surveys the bowling landscape in India-Australia Tests.
Every February 28th, Zakia Jafri relives the agony of witnessing the brutal massacre of her husband, former Congress MP Ahsan Jafri, along with scores of other women and children. Despite deteriorating health, her hope that those responsible will be brought to justice, remains strong, notes Najid Hussain.
Rising prices of international coal - both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages.
"The question of entering into Delhi is a law and order matter and will be determined by the police," the bench said.
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