Thu, Nov 23, 2023
The company said a demand of "INR 7,396.76 million (AY 2016-17) and INR 9,270.31 Million (AY 2017-18) was raised by the Assessing officer, against which the Company had preferred appeal before CIT-Appeal".
Tue, Nov 21, 2023
The Titan Company said it is planning to add over 3,000 employees in the next 5 years across domains including engineering, design, luxury, digital, data analytics, marketing and sales among others.
Wed, Nov 08, 2023
CAMS Q2 Results: CAMS, which acts as a registrar and transfer agent for mutual funds, reported a 17.1 per cent surge in net profit to Rs 84.51 crore for three months ended September 2023.
Tue, Jan 24, 2023
In a statement, BPCL said it has signed a memorandum of understanding (MoU) with the government of Rajasthan for setting up the renewable energy power plant. It, however, neither gave a timeframe nor investment that will be made in the project.
Sat, Jan 21, 2023
Electric vehicle superstore chain Electric One Mobility has partnered with legendary cricketer Arjuna Ranatunga to set up joint venture firm Electric One Lanka Pvt Ltd to enter the electric two-wheeler market in the island nation, the company said in a statement.
The New Delhi-based company in an exchange filing said that it posted a net profit of Rs 2.23 crores during the quarter under review as against Rs 2.15 crores profit reported in the September quarter.
Thu, Jan 19, 2023
Havells India Chairman and Managing Director Anil Rai Gupta said there was steady revenue growth amid moderating consumer demand in an inflationary environment.
Wed, Jan 18, 2023
On the asset quality front, the bank recorded an improvement with gross NPAs (Non-Performing Assets) almost halved to 8.85 per cent as compared to 15.16 per cent in the previous fiscal year.
Tue, Jan 17, 2023
The Committee of Creditors (CoC) of Andhra Cements has voted with a majority in favour of the resolution plan filed by Sagar Cements Ltd, Andhra Cements said in a regulatory filing.
The New York Post reported that Goldman Sachs' CEO David Solomon "e-mailed calendar invites that called targeted employees to phony 'business meetings' at its New York headquarters" last week.
Wed, Jan 11, 2023
The acquisition included the entire land and buildings; vehicle manufacturing plant along with machinery and equipment and transfer of all eligible employees of FIPL's vehicle manufacturing operations at Sanand.
The Department of Investment and Public Asset Management (DIPAM), which manages government holding in state-owned enterprises, had in October invited bids for selling 30.48 per cent stake in IDBI Bank, along with 30.24 per cent stake of LIC.
Tue, Jan 10, 2023
Directing the capital markets regulator to provide such documents, the tribunal said that denial of the documents sought for by the respondent (Sebi) was in "gross violation of the principles of natural justice".
Mon, Jan 09, 2023
Angel investors, including Bollywood actress Shilpa Shetty, stand to make a killing in the forthcoming IPO of Mamaearth as the company is being valued at Rs 24,000 crore.
Sun, Jan 08, 2023
Currently, the government and the Life Insurance Corporation (LIC) hold 94.71 per cent in the lender. The successful bidder will have to make an open offer for acquisition of 5.28 per cent of public shareholding.
Sat, Jan 07, 2023
According to PTI sources, the Ahmedabad-based Torrent Group is offering to pay the entire bid amount of Rs 8,640 crore as upfront cash while maintaining the Net Present Value (NPV) of Rs 8,640 crore quoted during the auction.
Wed, Jan 04, 2023
"The new capacities will go on stream over the next couple of years to meet the growing demand in an economy that is poised to remain as the fastest growing for the next few years," ATMA said in a statement.
Thu, Dec 29, 2022
The IPO comprises a fresh issue of equity shares aggregating to up to Rs 200 crore, and an OFS aggregating to up to Rs 800 crore by its promoters and promoter group shareholders, according to its DRHP.
The Board of Directors of Eicher Motors Ltd at its meeting held on Thursday "approved an investment of euro 50 million for a close to 10.35 per cent equity stake in Stark Future", the company said in a statement.
Wed, Dec 28, 2022
While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so.
Sun, Dec 25, 2022
In May, Vasudevan had expressed his desire to move on after the process of identifying a successor was complete and had agreed to the suggestion of Chairman Arun Ramanathan to defer tendering his resignation till then.
Sat, Dec 24, 2022
India produced 113.43 million tonne of crude steel in January-November 2022, which is 10 per cent higher compared to the year-ago period. The government aims to double the country's annual crude steel making capacity to 300 MT from 150 MT at present.
A two-member bench said after examining the materials and considering the arguments, it was of opinion that the "appellants had already admitted in the leniency application regarding their involvement in the cartelisation".
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