Options trading has become a cash cow for the National Stock Exchange of India (NSE), which now has a near monopoly in equity F&O trading. More than two-thirds of NSE’s trading revenue now comes from options trading volumes, according to estimates by foreign brokerage CLSA. This number was 25-30% before the outbreak of the pandemic. […]
ICICI Lombard on Wednesday said it received a demand notice for alleged short payment of GST of over Rs 5.66 crore. In a regulatory filing, ICICI Lombard General Insurance Company said it has received an order from the Joint Commissioner CGST & Central Excise, Bhopal, Madhya Pradesh, raising a GST demand of Rs 5,66,02,264 and […]