Stock Market LIVE: Nifty, Sensex Extend Losses As ICICI Bank And ITC Share Prices Weigh

Fortis Healthcare Ltd. subleased Noida Hospital land to arm IHL to execute a pact, the company said in the exchange filing.

The GST rate rationalisation is expected to lower inflation in the economy and also provide a boost to disposable income and savings for the common man. Economists believe India's retail inflation is likely to edge lower by one percentage point as a result of the GST rate cuts.

GST Council this week approved the most comprehensive overhaul of India’s consumption tax system since its introduction in 2017. The landmark reform will impact everything from toothpaste and insurance premiums to tractors, cement, and shampoos once they come into effect later this month.

• Swiggy, Zomato's Rs 200 crore GST outgo likely to impact delivery workers' payouts

• Food aggregators actively discussing options to offset tax hit by paying less to delivery workers

• Some impact of GST hit also likely to be passed on to consumers

• Zomato's network has over 3.5 lakh delivery partners, Swiggy has over 5.2 lakh delivery partners

• Food delivery platforms not keen on hiking prices on consumer's end after recent round of platform fees hike

• Zomato's network has over 3.5 lakh delivery partners, Swiggy has over 5.2 lakh delivery partners

Alert: GST Council's decision makes food delivery platforms liable for collecting & remitting 18% GST on delivery fees

Source: people in the know

Atul Auto Ltd. anticipates better growth in the coming months due to export demand, repeat orders and domestic market strength, particularly in the Internal Combustion Engine (ICE) three-wheeler business, according to the company’s President of Finance, Jitendra V Adhia.

Reliance Power Ltd. sees no impact from Bank of Baroda's action on RCom and Anil Ambani, the company said in the exchange filing.