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Top headlines: I-T raids on former NSE MD; Nestle India Q4 net falls 20%

Here are the top headlines on Thursday

Chitra Ramkrishna
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Former NSE MD and CEO Chitra Ramkrishna | Photo: Bloomberg

BS Web Team
I-T dept raids former NSE MD Chitra Ramkrishna in tax evasion probe

The Income Tax Department on Thursday raided the premises of former NSE MD and CEO Chitra Ramkrishna and group operating officer Anand Subramanian in Mumbai as part of a tax evasion investigation against them, official sources said.

The searches are aimed to check and gather evidence on the charges of financial irregularities and alleged tax evasion against the two, they said. Read more here

Nestle India Q4 profit dips 20% to Rs 386.66 cr, net sales up 8.9%

FMCG major Nestle India Ltd on Thursday reported a 20 per