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Vimal K

3rd Mar 2025 · SEBI-Registered Analyst

WATCH OUT FOR STOCKS IN NEWS

Watch out for the below mentioned stocks in news which are likely to be on spotlight for today the 03-March-2025 : Bajaj Auto: The two-wheeler major company has received a tax demand order amounting to Rs 138.53 crore for FY21 from the Deputy Commissioner of State Tax, Pune. The demand primarily relates to a differential tax liability between the specific HSN classification adopted by the company and the general HSN classification of auto parts as determined by tax authorities. Tech Mahindra: The IT firm's company board has approved the merger of Comviva Technologies USA Inc. with its parent company, Comviva Technologies Americas Inc. Comviva Technologies Americas Inc. is a wholly-owned subsidiary of Comviva Technologies India and a step-down subsidiary of Tech Mahindra. One 97 Communications: The parent company of Paytm has received a show cause notice from the directorate of enforcement for alleged contraventions of provisions of the Foreign Exchange Management Act (FEMA) between 2015 and 2019 amounting to Rs 611.17 crore. The notice pertains to its acquisition of two subsidiaries- along with certain directors and officers. Tata Communications: The Tata Group firm company has completed the sale of its entire stake in its wholly-owned subsidiary, Tata Communications Payment Solutions. As a result, Tata Communications Payment Solutions has ceased to be a subsidiary of the company.

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