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MUTUAL FUNDS NEWS
Mutual funds buy 19.71 crore shares of ITC in March
Tue, Apr 16, 2024     Source : Economic Times
Mutual funds added a whopping 19.71 crore shares of ITC to their portfolios in March — a 16.1% month-on-month jump from the number of shares they held at the end of the previous month.
MUTUAL FUNDS NEWS
PPFAS Flexicap Fund bought 8.8 lakh shares of ITC amid BAT stake sale in March
Wed, Apr 10, 2024     Source : Economic Times
Parag Parikh Flexi Cap Fund, the largest scheme in the flexi cap category based on assets managed, bought 8.8 lakh shares of ITC last month amid selling pressure on the Nifty stock amid a stake sale by Bri...
NEWS
Sensex rises 122 points led by RIL, ITC; Nifty settles above 21,450
Wed, Dec 20, 2023     Source : Economic Times
Following gains from global peers, Indian equity indices closed higher in lacklustre trade on Tuesday, led by index heavyweight Reliance Industries, ITC and Nestle.
NEWS
60K to 70K: ICICI, ITC, L&T provide biggest lift in Sensex latest 10K lap
Tue, Dec 12, 2023     Source : Business Standard
Nine index components have dragged the index lower by over 1,600 points since September 2021 and nearly half the components have underperformed
INSURANCE NEWS
LIC contributes big to dazzling rise in ITC stock
Wed, Aug 02, 2023     Source : Financial Express
Raises bets on L&T, RIL; cuts exposure to two Adani firms
NEWS
ITC's Sanjiv Puri explains why the company will hold 40% stake in ITC Hotels
Fri, Jul 28, 2023     Source : Mint
Cigarettes-to-hotel major ITC Ltd held its investor conference call on July 27, 2023.
INSURANCE NEWS
Some insurers gave fake bills when quizzed on ITC: Probe
Wed, Jul 26, 2023     Source : Economic Times
An ongoing probe into instances of alleged Goods and Services Tax (GST) evasion by up to 30 insurers has found that in certain cases, the companies submitted hurriedly made invoices to contest charges of w...
NEWS
New GST rules on anvil; biz may have to explain discrepancy in ITC claims
Mon, Jul 10, 2023     Source : Economic Times
The GST Council is likely to decide on a new rule in GST law under which businesses would be required to explain the reasons for excess input tax credit (ITC) claimed or deposit the amount with the exchequ...
NEWS
Sensex surges 600 points to scale 61,000-mark; ITC and RIL sparkle
Wed, Feb 15, 2023     Source : Business Standard
The BSE benchmark Sensex surged 600 points on Tuesday, propelled by market heavyweight RIL, ITC, banking and IT shares amid positive global cues.
INSURANCE NEWS
ICICI Pru, 14 insurance firms evaded Rs 824 crore input tax credit
Fri, Sep 30, 2022     Source : Business Standard
Officials said further investigation revealed that other insurance companies and NBFCs also exploited a similar route to avail of ineligible ITC
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