This move comes after the tax rate was previously lowered from Rs 9,800 per tonne to Rs 6,300 per tonne on November 16, based on average oil prices in the preceding two weeks.
Flair Writing IPO listing: On the Bombay Stock Exchange (BSE), the stock debuted at Rs 503 per share, reflecting a premium of 65.5 per cent, while on the National Stock Exchange, it listed at Rs 501, indicating a 64.8 per cent increase over the issue price of Rs 304.
Tesla has approached the government with a detailed proposal on the matter and an agreement could pave the way for the company to start selling its electric vehicles in India.
At around 10:25 am, shares of Honasa Consumer were up 19.99 per cent at Rs 423.75 apiece on the National Stock Exchange (NSE). This marked a massive turnaround for the company, which made a weak market debut after its initial public offering (IPO).