Delta Corp shares surged 15.4% to Rs 130.8 after the Supreme Court stayed proceedings on show cause notices worth Rs 1.12 lakh crore issued by GST authorities to online gaming companies. The stay provides relief to gaming firms, including Gameskraft and Games 24×7, as they are not required to pay the tax amount until the matter is fully heard and decided in March.
34 mutual fund NFOs mobilised Rs 13,852 crore in December
In December, 34 mutual fund NFOs raised Rs 13,852 crore, with 33 open-ended and one close-ended fund. Sectoral and thematic funds led with Rs 11,337
January 10, 2025