The Supreme Court has reinstated tax notices worth ₹20,000 crore to ₹23,000 crore issued by the Directorate of Revenue Intelligence (DRI) against major companies including Vedanta, Vodafone Idea, Adani Enterprises, and Canon. This decision overturns a 2021 ruling that had limited the DRI’s authority to issue such notices.
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This article highlights major events and developments happening on September 10th, covering diverse fields like finance, politics, technology, and more. From Vedanta’s interim dividend to the US Presidential debate and Google’s appeal against CCI penalty, this article provides a comprehensive overview of significant news stories.
Anil Agarwal, Founder and Chairman of Vedanta Group, took to X to celebrate his daughter Priya Agarwal Hebbar’s birthday, highlighting her upbringing and unwavering dedication to her work and social causes. He expressed pride in her hard work, determination, and the simple life she chose despite her privileged background.
Priya Agarwal Hebbar, daughter of Vedanta chairman Anil Agarwal, is making her mark in the business world. As chairperson of Hindustan Zinc Limited, she is leading one of India’s largest integrated zinc producers. Priya’s journey includes experience in public relations and a dedication to animal welfare through her founded organizations. Learn more about her leadership and the impact of the Anil Agarwal Foundation.
This news update covers a range of topics, including market trends, corporate finance, public health concerns, and weather disruptions. Eight of the top ten most valued firms saw a significant increase in their market capitalization, led by TCS and LIC. Vedanta Limited successfully raised over $1 billion through a Qualified Institutions Placement (QIP). Meanwhile, a 14-year-old boy in Kerala succumbed to Nipah virus infection, prompting health officials to implement immediate measures. Heavy rains in Mumbai also caused widespread disruption, affecting flight operations, road, and rail services.