ITC Share Price Live Updates: ITC experiences heightened trading volume
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Time of India
18 hours ago
- Time of India
Mumbai Businessman held for 92.45 crore ITC fraud granted bail
Mumbai: Businessman Chintan Shah who was arrested by the state GST department for Rs Rs 92.45 crore Input Tax Credit (ITC) fraud under the GST Act was granted bail. Shah, proprietor of Heavy Engineering Products and operator of AK International Engineering, was arrested on July 17, for allegedly availing fraudulent ITC through bogus invoices and non-existent transactions during 2018–2019. Tired of too many ads? go ad free now "Considering the stage of investigation, I think no purpose would be served by keeping the applicant/accused behind bar till submission of charge-sheet/complaint. So far as apprehension regarding tampering the evidence or fleeing from justice is concerned stringent conditions can be imposed against the accused. Thus considering the circumstances on record accused is seems to be entitle for bail." stated S k Fokmare 19th Metropolitan Magistrate. According to the prosecution, Shah used multiple firms to generate fake purchase invoices and claim ineligible ITC without actual supply of goods. Investigators alleged that the fraudulent ITC was used to offset GST liabilities, causing significant revenue loss to the government. Shah's lawyer Sujay Kantawala argued that Shah has no prior criminal record and has been cooperating with the investigation, including making a voluntary tax payment of Rs 1.66 crore. The magistrate also noted that the transactions in question took place over six years ago and that further custodial interrogation was not necessary. Granting bail, the court directed Shah to furnish a personal bond of Rs 2 lakh with sureties.
Time of India
a day ago
- Time of India
Bharti Airtel Share Price Live Updates: Negative Weekly Returns for Bharti Airtel at -2.54%
15 Aug 2025 | 09:22:29 AM IST Stay up-to-date with the Bharti Airtel Stock Liveblog, your comprehensive source for real-time updates and detailed analysis on a prominent stock. Explore the latest information on Bharti Airtel, including: Last traded price 1873.8, Market capitalization: 1141967.36, Volume: 3958631, Price-to-earnings ratio 32.31, Earnings per share 57.99. Our liveblog provides a comprehensive overview of Bharti Airtel by integrating fundamental and technical indicators. Stay informed about breaking news that can impact Bharti Airtel's performance in the market. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Join us on this journey as we delve into the exciting world of Bharti Airtel and its market potential. The data points are updated as on 09:22:29 AM IST, 15 Aug 2025 Show more
Time of India
a day ago
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NTPC Share Price Live Updates: NTPC Records Impressive Weekly Returns
15 Aug 2025 | 09:18:48 AM IST Welcome to the NTPC Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a prominent stock. Dive into the current details of NTPC, including: Last traded price 339.35, Market capitalization: 329056.37, Volume: 5689423, Price-to-earnings ratio 13.73, Earnings per share 24.71. Our liveblog offers a complete overview of NTPC through a blend of fundamental and technical indicators. Stay informed about breaking news that can shape NTPC's performance in the market. Our market analysis and expert opinions empower you to make informed investment decisions. Join us as we unravel the potential of NTPC in the ever-changing market landscape. The data points are updated as on 09:18:48 AM IST, 15 Aug 2025 Show more
