Alkem Labs

Stocks to Watch: Zomato, Paytm, IIFL Securities, Alkem Labs, BEML, Zen Tech, Paras Defence, and more

Stocks to Watch: Zomato, Paytm, IIFL Securities, Alkem Labs, BEML, Zen Tech, Paras Defence, and more

Here’s a quick look at stocks likely to be in focus in today’s trade. Zomato and One 97 Communications: Zomato has made a significant leap into the entertainment sector by acquiring Paytm’s ticketing business for ₹2,048.4 crore ($244 million). This acquisition includes Paytm’s ‘TicketNew’ and ‘Insider’ platforms, which focus on movie and live event ticketing, …

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Income tax finds large-scale tax evasion by pharma company Alkem Labs: Sources

Income tax finds large-scale tax evasion by pharma company Alkem Labs: Sources

The income tax department’s investigation into pharma major Alkem Laboratories has found large-scale tax evasion by the company. In September last year, the income tax department conducted surveys on Alkem Laboratories’ offices and premises after receiving intelligence regarding a large amount of tax evasion by the company. The investigation continued with statements being recorded from …

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