Search result for 'june 22'

NCLAT dismisses SEBI's plea to recover penalty from Annies Apparel, citing IBC liquidation process. Claim filed after 797 days delay.

NCLT orders insolvency proceedings against Bhilai Jaypee Cement for Rs 45 crore default. Sidhgiri Holdings filed the plea.

Rs 2,500 crore compensation cess on auto companies' books to lapse on Sep 22 as new GST rates take effect. What it means for the industry?

Uttar Pradesh cracks down on fertilizer overpricing, taking strict action against retailers selling soil nutrients at inflated rates. Surprise inspections and FIRs filed.

Brookfield India REIT appoints Keki Mistry as an independent director. Mistry brings four decades of experience in banking and financial services. The appointment was effective June 23, 2025.

India's wine industry expects growth in FY26 after a consumption slowdown in FY25. Sula Vineyards reports record revenue despite challenges, highlighting future expansion plans and market potential.

NCLAT allows fresh bidding for Raigarh Champa Rail Infra, clearing JSW Energy's path. The decision overturns an NCLT order, potentially increasing competition and bids.

NTPC's Nokh solar project in Rajasthan achieves full 245 MW capacity with the start of commercial electricity supply from the final 52 MW.

Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines (SAE) signed an agreement at the Paris Air Show for the production of LEAP engine parts in India.

RBI has re-appointed R Subramaniakumar as MD & CEO of RBL Bank for three years, extending his tenure until June 2028. The bank will seek shareholder approval for the reappointment.

Indian government sets April 1, 2025, as the sunset date for GST anti-profiteering. Existing cases will be handled by GSTAT. Learn more.

The National Company Law Appellate Tribunal (NCLAT) has rejected a tax claim filed by the state tax department against Reliance Communications (RCom), observing that the assessment was made after...

The GST Council will discuss insurance premium taxation, online gaming tax rates, and the status of a drive against fake GST registrations. Key decisions on tax rates and regulations are expected.

India implements a uniform 5% IGST rate on aircraft and engine parts, aiming to boost the MRO sector and transform the country into a global aviation hub.

Gujarat's Aadhaar-based verification system for GST registration, aimed at curbing fraudulent activities, will be implemented nationwide following its successful pilot program.

Mahanagar Gas Ltd (MGL) has hiked CNG and piped cooking gas prices in Mumbai by Rs 1.50/kg and Re 1/scm, respectively, due to rising input costs and increased demand. The new prices are effective...

CBIC Chairman reveals GST Council decisions on amnesty, profiteering, and rate rationalization will be incorporated into the Finance Bill 2024. Learn about the key amendments and their implications.

CBIC clarifies that ESOPs by foreign companies to employees of Indian subsidiaries won't attract GST unless additional fees are charged. Learn more about the GST implications of ESOPs.

Ather Energy co-founder claims Indian electric two-wheelers are superior to global counterparts, highlighting India's potential to lead in EV technology and design.

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 22 to discuss the agenda, which is yet to be circulated. This will be the first meeting after the Lok Sabha...

Jio Financial Services seeks shareholder approval to raise foreign direct investment limit to 49%, subject to regulatory clearance. The move follows the company's conversion to Core Investment...

JSW Steel has paid a Rs 2.79 lakh penalty levied by the RBI on JISPL, which was amalgamated with JSW Steel in July 2023. The penalty was for delayed filing of a form related to share issuance to a...