Stock market update: Stocks that hit 52-week lows on NSE

The income tax department is said to have detected tax evasion of nearly ₹10,000 crore over a three-year period by etailers selling goods via social media platforms such as Instagram and Facebook. The department has sent intimation notices to 45 such pan-India brands with more to follow.

With over 20,000 notices issued by the goods & services tax (GST) department since 2022, India Inc is now going back to the drawing board to account for tax liabilities before inking deals and finalizing other business transactions.

Raymond managing director Gautam Singhania’s estranged wife Nawaz Modi has alleged that the industrialist assaulted her and one of their daughters two months ago in a fit of rage.