All India News | Stay Informed, Stay Ahead
Stamp duty laws in our country merit high importance when it comes to inorganic growth strategies developed by corporates. In the interest of inorganic corporate expansion, one of the ask is simplification of the inverted stamp duty structure and bringing uniformity in duty rates, concessions, exemptions with few essential exceptions.
Jaypee Infratech Ltd has announced the Unaudited Standalone results for the quarter ended September 30, 2016 and it has posted a net loss of Rs (131.77) crore for the quarter ended September 30, 2016 as compared to net los of Rs (169.14) crore for the quarter ended September 30, 2015.
KDDL Ltds subsidiary Ethos Ltd., Indias largest retailer of Luxury watches has raised funds by way of preferential allotment of 354,609 equity shares of Rs 10/- each at a premium of Rs 131/- per share as per valuation report obtained from the registered valuer, totalling to Rs 4.99 crore to KDDL Limited being the Promoter.