Indiabulls Ltd.

NCLT clarifies Subhash Chandra's Rs 22,000 cr case is not a bank loan write-off, but claims against him as a personal guarantor for Essel Group.

HDFC Bank considers appealing NCLT's ruling in Subhash Chandra's case, where lenders face a 99.97% haircut on Rs 22,000 crore claims. Bank's claim was Rs 680 crore.

Supreme Court directs CBI to examine all six allegations of dubious transactions involving Indiabulls Housing Finance. CBI to probe after previous inaction by EOW.

ZEEL shares tanked 15% as Sebi banned Subhash Chandra & Punit Goenka for a year. The order cites unauthorized Hyderabad land pledge for Essel Group.

Zee Entertainment shares plunged 13% after SEBI banned Subhash Chandra & Punit Goenka for pledging Hyderabad land for Essel Group loans without approval.

AstraZeneca secures worldwide rights to Zegfrovy from Dizal Pharma, an oral drug for a specific lung cancer type, with a $600M upfront payment.

Yuma Energy raises $35 million from Magna International to expand its battery swapping network across India, targeting 2- and 3-wheelers and aiming for EBITDA-positive by FY27.

Maruti Suzuki India reports a significant 21.3% increase in total sales for August, reaching over 2.19 lakh units, driven by strong domestic demand.

Tata Motors reported a 49% surge in commercial vehicle sales in August 2020, reaching 44,411 units. Domestic sales rose 33%, while international business grew 227%.

India's gross GST collections surged 14.8% year-on-year to nearly Rs 2 lakh crore in August, driven by strong domestic transactions and import revenue.

AstraZeneca secures worldwide rights to Zegfrovy from Dizal Pharma, an oral drug for a specific lung cancer type, with a $600M upfront payment.

Tata Motors Passenger Vehicles reported a 56% sales increase to 67,753 units in August. Domestic PV sales rose 59%, while EV sales surged 94%.

SBICAP Securities names Mufaddal Matcheswala as Chief Business Officer for capital markets. He will drive business strategy, growth, and customer engagement.

CII's Sanjay Budhia outlines strategies for India to hit its $1 trillion export target, emphasizing deeper trade ties, market diversification, and FTA utilization.

Guar seed futures prices dropped on Tuesday to Rs 6,694 per quintal on NCDEX. Ample supplies from growing regions are cited as the main reason for the fall.