The Directorate General of GST Intelligence (DGGI) has granted partial relief to Infosys in the closure of a Rs 3,898 crore FY18 GST tax case. This decision marks the end of a lengthy investigation into the company’s tax liabilities, providing a resolution for Infosys in this matter. The partial relief granted by DGGI signifies a significant development for Infosys and their financial obligations related to this case.
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Why Marvell Technology Fell Nearly 30% in the First Half of 2025
Shares of Marvell Technology (NASDAQ: MRVL) dropped 29.9% in the first half of 2025, attributed to a high starting valuation of 70 times 2025 earnings estimates rather than negative news. While the company is expected to capture custom AI XPU chip market share, strong competition has hindered recovery seen by other AI chipmakers in May and June. Explain It To Me Like I'm 5: Marvell Technology's stock price dropped a lot in the first half...
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