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Escorts Kubota has withdrawn its plan to build a new manufacturing facility in Rajasthan due to concerns over water availability.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 cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Nephro Care India's IPO was oversubscribed by 715.85 times, driven by strong institutional investor interest. The IPO raised Rs 41.26 crore and will be listed on NSE Emerge.