Page 2173 - Company News

Delhi HC's interim relief to Google subsidiary in tax dispute

Court allows Google Asia Pacific Pte Ltd to receive payments of Rs 1,106.41 crore from Google Cloud India after withholding tax of 8%, inclusive of surcharge and cess, for AY22-23

NCLAT will hear Amazon's interim plea on CCI order on February 14

A three-member bench on Monday directed to list Amazon's plea on February 14 to pass an interim order and stay the operations of order passed by CCI in December last year

Indian blockchain start-up Polygon bags $450 mn from Sequoia, Tiger Global

Polygon is an Ethereum scaling platform that enables developers to build scalable DApps (decentralised apps) with low transaction fees without sacrificing on security

For Revolut, payments to be gateway to digital banking licence in India

In the first phase, it plans to launch an offering in the payments segments such as remittances, which has been the flagship offering of the company globally

Ralf Dieter Speth to replace Venu Srinivasan as TVS Motor chairman

Speth had worked in companies like BMW, Premier Auto Group and Linde among others

Tata Capital, arm to raise Rs 1,500 cr via NCDs to build lending biz

TCL to raise Rs 1,000 cr; TCFS to raise Rs 500 cr

Don't need to look for assets after NINL buy: Tata Steel's TV Narendran

In a Q&A Tata Steel CEO and MD T V Narendran talks about what the acquisition means for the company's growth ambitions as also the near-term outlook

Tata Motors' domestic business reports best net sales in Dec quarter

Firm's domestic automotive business accounts for 31% of consolidated net sales in Q3

India Ratings upgrades JSW Energy's credit rating to AA stable

JSW Energy on Monday said that India Ratings has upgraded its long-term credit rating to IND AA (stable) from IND AA- (stable).

InterGlobe Aviation shares rally nearly 10% on Dec quarter profit

On the volume front, 1.56 lakh shares were traded on BSE and 44.81 lakh on NSE

GIPL's net profit declines 9% to Rs 27.91 crore in December quarter

Gujarat Industries Power Company Ltd (GIPL) on Monday reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues.

Sukla Mistry takes over as first woman director on Indian Oil board

Sukla Mistry on Monday took over as the first woman functional director on the board of Indian Oil Corporation (IOC), the nation's largest oil refining and fuel marketing company.

Commence demolition of Supertech's twin tower within 2 weeks: SC

The Supreme Court Monday directed the authorities to commence within two weeks the demolition of realty major Supertech Ltd's twin 40-storey towers of its Emerald Court project in Noida.

Gainwell to invest Rs 500 cr in mining equipment manufacturing in Bengal

Gainwell Engineering on Monday said it will invest Rs 500 crore to manufacture coal mining equipment, with license from global heavy equipment major Caterpillar, in West Bengal.

NGT imposes Rs 25 crore fine to Hindustan Zinc Ltd in Rajasthan

The National Green Tribunal has imposed a fine of Rs 25 crore to Hindustan Zinc Ltd, in connection with environmental violations covering nearly an area about 1,200 hectares of mining land.

HPCL's Visakha Refinery all set for Rs 26,264 cr expansion, modernization

The HPCL's Visakha Refinery is set for modernisation and expansion at a cost of Rs 26,264 crore.

Pradip Shah, ex-consultant to World Bank, appointed Pfizer India chairman

Announcing the appointment, S Sridhar, the managing director of the company, said with Pradip Shah's elevation as the chairman, the firm will work closely with him on matters of strategic importance

Truecaller works with Android phone makers to preload app in key markets

Truecaller is platform agnostic and aims to work with as many smartphone makers as possible in future

Corporate India ahead in embedding sustainability across strategies: Report

It has been revealed that 57 per cent organisation in India has a sustainability strategy that has been acted upon and clearly communicated.

Agri-tech firm Gramophone plans to double headcount to 1,000 in 6-8 months

The company whose current employee strength is over 450 is planning to add over 300 professionals across technology, product, operations and marketing in the next six-eight months, Gramophone said