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SBI Life Insurance : The company said the Income Tax Department has reduced its tax demand for FY22 to Rs 470.88 crore from Rs 5,317.18 crore following a rectification order, and the company will submit the revised order before the appellate authority where its appeal is pending. Positive
SBI Life Insurance (₹ 1945 0.75% )
5 Mar 2026, 10:19AM
BSE: The exchange has received approval from the Securities and Exchange Board of India (SEBI) to launch derivative contracts on the BSE Sensex Next 30 index. The index tracks the next largest and most liquid companies within the BSE 100 that are part of the derivatives segment but are not constituents of the BSE Sensex 30 index. Positive
BSE (₹ 2761.4 5.12% )
5 Mar 2026, 10:18AM
Bharat Forge: North America's Class 8 truck preliminary net orders in February surged to 47,200 units, up 47% from the previous month and 159% from the year-ago period, as per data by FTR Intelligence. Positive read through for Bharat Forge since largest exports are to North America, especially in the commercial and industrial vehicle segments.
Bharat Forge (₹ 1898.4 3.07% )
5 Mar 2026, 10:17AM
MRPL: Force majeure on all planned gasoline export cargoes for March and April as the Middle East war is halting crude supply out of the Gulf, Reuters reported. MRPL operates a refinery with a capacity of 500,000 barrels per day (bpd) in the state of Karnataka in southern India and exports about 40% of all fuel produced at the site.
Mangalore Refinery (₹ 196.24 2.58% )
5 Mar 2026, 10:00AM
Polycab India: Received an income tax demand of ₹327.45 crore for AY2024-25 (FY24) following an assessment order issued by the Deputy Commissioner of Income Tax, Mumbai. The order, received on March 3, 2026, includes disallowances and additions of ₹41.87 crore. The company said it has initiated rectification proceedings, citing possible computational or clerical errors, and is preparing to file an appeal in consultation with its tax advisors.
Polycab India (₹ 8564 3.38% )
5 Mar 2026, 9:59AMTWEETS BY @Sharekhan
