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It’s an industry-wide issue: Oppo on Customs duty evasion charge

Posted on Posted in News by 45 views

The Directorate of Revenue Intelligence (DRI) had earlier alleged that during their investigation of Oppo Mobiles India Private Limited, a subsidiary of the China-based Guangdong Oppo Mobile Telecommunications Corporation Ltd, they detected Customs duty evasion of around Rs 4,389 crore. “We have a different view…

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Here’s why Vodafone Idea shares tanked over 10%

Posted on Posted in Business by 43 views

Shares of Vodafone Idea tanked over 10 per cent on the stock market after a weak opening on Tuesday. The ailing telecom firm’s shares were trading at Rs 7.37, down 10.67 per cent on the Bombay Stock Exchange at 2:40 pm. On the National Stock Exchange (NSE), the company’s stock was down 10.30 per cent. WHY DID…

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