Page 693 - Company News

Companies with multi-state presence to register as ISD with GST authorities

The Central Board of Indirect Taxes and Customs (CBIC) has now notified April 1, 2025, as the cut-off date for all companies with multi-state branches to register as ISD

Six infants among 205 people evacuated by Air India from B'desh amid unrest

Air India, Vistara, and IndiGo have resumed operations to Bangladesh after briefly cancelling flights amid political unrest in the country

CoinDCX announces customer protection fund days after WazirX heist

CoinDCX has instituted the fund by allocating Rs 50 crore from its own cash reserves

Adani Power to Hero MotoCorp: India Inc cautious with Bangladesh on boil

Several Indian cos have exposure to riot-hit country

Internship scheme for youth: Govt starts discussions with industry

Officials said that the nitty gritty of the scheme will be prepared by the Ministry after the consultation process is over

After 8 yrs of preliminary inquiry, CBI books Hindalco for corruption

The central probe agency registered an FIR against Hindalco and Chandini under Section 120-B (criminal conspiracy) of the Indian Penal Code after nearly 8 years long preliminary inquiry

Competitors unfazed by Flipkart's 10-minute delivery service foray

Execs at rival players say they'll be concerned only after the e-commerce giant succeeds in this space

True North's arm Threpsi sells 2.6% stake in Zydus Wellness for Rs 374 cr

The shares were disposed of at an average price of Rs 2,201.40 apiece, taking the transaction value to Rs 374.24 cr

Tata Motors looks to ace last-mile delivery with a sub-600 kg SCV

The upcoming sub-600 kg four-wheeler small commercial vehicle (SCV) is also likely to take on three-wheeler dominance

ICICI Bank fostering compliance, strong risk culture: CEO Sandeep Bakhshi

He also added that the bank is seeing exciting opportunities arising from the Indian economy and its global linkages and is committed to supporting the economy in its transformative journey

Religare Enterprises sends Burmans' open offer plea to Sebi, RBI

The move follows directions passed last month by the Securities Appellate Tribunal and an order issued in June by Sebi against the management

Suzlon buys majority stake in Renom to strengthen renewable energy services

Renom currently manages 1,782 megawatts (MW) in wind, 148 MW in solar, and 572 MW in balance of plant energy (BOP) under maintenance

JSW MG Motor expects 250% EV sales growth in 2024, says Rajeev Chaba

While JSW MG Motor remains optimistic, electric car sales in India have declined over the past three months

Novo Nordisk plans to introduce drug for sickle cell disease in 3-5 years

The company announced the plan to hire about 1,300 new employees by the end of 2026 in its GBS (global business services) division, as per the statement at a media briefing

Tata Motors, Tata Power partner to boost EVs, solar power adoption

Two Tata Group companies will provide comprehensive solutions that include the purchase of an electric vehicle and the installation of a solar rooftop system

PB Fintech posts consolidated net profit at Rs 60 crore in Q1 FY25

The overall adjusted Earnings before Tax, Interest, Amortization, Depreciation (EBITDA) margin improved from (-)31 per cent in Q1 FY24 to 12 per cent in Q1 FY25

NCLT to hear RCAP-IIHL resolution case, expected to give directions to both

As per NCLT order dated July 23, IIHL had to comply with certain conditions by July 31, 2024 including depositing initial equity amount of Rs 250 cr in a domestic escrow account designated by CoC

Power Finance Corp board did not discuss Shapoorji Pallonji Group loan

Board had sanctioned a loan of Rs 20,000 crore to the SP Group in June

Uptick in rural demand to propel two-wheeler industry: TVS Motor chairman

TVS expects the domestic two-wheeler industry to continue to grow in FY25 on the back of strong economic indicators, including normal rainfall and uptick in rural demand, TVS Chairman said

Go cashless in Paris: JioFinance app forays into international segment

Visa, the official payments partner of the Olympic Games Paris 2024, has partnered with JioFinance for its presence at India House