The government has maintained that the levy was introduced in view of the windfall gains made by the domestic crude producers and refiners due to high global crude and product prices.
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.
Paytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company’s EBITDA has improved due to efficient cost
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