Escorts Kubota received a Rs 14 crore demand and penalty from customs authorities for valuation issues on imported goods. The company plans to appeal the decision.

Escorts Kubota has withdrawn its plan to build a new manufacturing facility in Rajasthan due to concerns over water availability. The company is exploring other options, including in Rajasthan.

Escorts Kubota plans to invest up to Rs 4,500 crore over the next 3-4 years to set up a new manufacturing plant in Rajasthan, doubling its tractor production capacity.

Escorts Kubota Ltd reported a 16.37% rise in consolidated net profit to Rs 251.89 crore in Q4 FY24, driven by strong construction equipment sales. Tractor sales, however, declined during the quarter.

Escorts Kubota announces price hikes for its tractor range starting May 1, 2024. The increase will vary across models and regions.

Air India will start operating its flagship Airbus A350 on ultra-long haul routes to the US from November, beginning with Delhi-New York JFK flights. Premium economy class will be offered.

The National Company Law Tribunal has ordered insolvency proceedings against Supertech Township Projects over a Rs 216.92 crore default by Punjab & Sind Bank. This is the third Supertech group firm...

Sanstar Ltd's IPO received 13.47 times subscription on the second day, with strong demand from non-institutional investors and RIIs. The IPO aims to raise Rs 510 crore for expansion and debt...

JNPA receives approval to build India's first agricultural commodity-based processing facility, aimed at mitigating wastage and extending shelf life. The Rs 285 crore project will be built on a...

Sebi has not received any specific information on unfair trading during the stock market crash on June 4, 2024, following the Lok Sabha poll results, according to a parliamentary statement. The...

India's Economic Survey highlights the need to address dependence on China for critical minerals essential for green transition, while urging diversification of energy sources and strategic...

India condemns the EU's planned carbon tax on energy-intensive goods from developing countries, arguing it violates the spirit of the Paris Agreement and unfairly burdens developing nations.

Air India will start operating its flagship Airbus A350 on ultra-long haul routes to the US from November, beginning with Delhi-New York JFK flights. Premium economy class will be offered.

The National Company Law Tribunal has ordered insolvency proceedings against Supertech Township Projects over a Rs 216.92 crore default by Punjab & Sind Bank. This is the third Supertech group firm...

Sanstar Ltd's IPO received 13.47 times subscription on the second day, with strong demand from non-institutional investors and RIIs. The IPO aims to raise Rs 510 crore for expansion and debt...