Search result for 'notices'

NCLAT Orders IndusInd to Respond on Reliance Capital Interest Plea

September 13, 2024 14:20

The NCLAT has directed IndusInd International Holdings Ltd to respond to a plea filed by Reliance Capital lenders seeking interest on payment for the extended period.

Sebi Attaches Karvy Stock Broking Accounts, CMD's Funds

September 12, 2024 19:24

Sebi has ordered the attachment of bank accounts, shares and mutual fund holdings of Karvy Stock Broking and its CMD C Parthasarathy to recover dues of around Rs 25 crore. The regulator had...

GST Council's Decision on Foreign Airlines Tax: IATA Reacts

September 11, 2024 20:24

IATA, representing global airlines, welcomes the GST Council's decision to exempt import of services by foreign airlines in India, calling it a positive development.

IndiGo Pays Reduced Fine for Mumbai Airport Incident

September 10, 2024 21:32

IndiGo has paid a reduced fine of Rs 70 lakh imposed by BCAS for an incident involving passengers having food on the Mumbai airport tarmac in January. The airline initially faced a Rs 1.2 crore...

Birla-Wadia Truce: Century Buys Mumbai Plot for Rs 1,100 Cr

September 10, 2024 21:23

Birla group's Century Textiles acquires prime Mumbai land from Nusli Wadia for Rs 1,100 crore, signaling a truce between the families after a long legal battle.

GST Council Exempts Import Services by Foreign Airlines

September 9, 2024 21:38

The GST Council has exempted import services by foreign airline companies and will regularize past taxes on an 'as is where is' basis. This decision follows notices issued to airlines for unpaid...

Sebi Lifts Curbs on 16 in Infosys Insider Trading Case

September 9, 2024 20:04

Sebi has lifted restrictions on 16 entities, including former Infosys employees, in an insider trading case. The regulator vacated the prohibition on six entities, bringing the matter to an end.

Azure Power Prepays USD 310 Mn Green Bonds - Renewable Energy News

September 9, 2024 15:08

Azure Power announces prepayment of USD 310 million green bonds maturing in December 2024. The refinancing, underwritten by REC Limited, is backed by seven utility projects across India.

Delhi Opposes GST on Online Transactions, Research Grants

September 8, 2024 22:31

Delhi Finance Minister Atishi condemns Centre's proposed GST on online transactions below Rs 2,000 and research grants, calling it detrimental to startups and education.

GST Council Meeting: Insurance Premium, Online Gaming, & Fake Registrations

September 8, 2024 10:15

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.

Go First Insolvency Deadline Extended: NCLT Asks Promoters to Reply

September 4, 2024 20:57

NCLT extends Go First's insolvency resolution deadline for the fourth time, directing the suspended board to file a reply within three weeks. The decision comes after lenders failed to find a buyer...

India Extends Interest Equalisation Scheme for Exporters

September 4, 2024 12:39

The Indian government has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for another month, until September 30, to boost outbound shipments. This scheme...

NCLAT Upholds Finolex AGM Outcome, Ousting Deepak Chhabria

September 3, 2024 20:24

The National Company Law Appellate Tribunal (NCLAT) has upheld the outcome of the AGM of Finolex Cables, where shareholders voted against the reappointment of Deepak Chhabria. This decision follows...

India Notifies Sugar Export Quota to US | 8,606 Tonnes

September 3, 2024 18:47

India has notified the export of 8,606 tonnes of raw cane sugar to the US under the tariff-rate quota (TRQ) scheme for the October 2024 - September 2025 period. Learn more.

Shankar IAS Academy Fined Rs 5 Lakh for Misleading Ads

September 1, 2024 14:45

The Central Consumer Protection Authority (CCPA) has fined Shankar IAS Academy Rs 5 lakh for misleading advertisements about its success rate and course details for the 2022 civil service exam.

Ayodhya Land Circle Rates to Rise 200% in September

August 30, 2024 21:53

Ayodhya land circle rates to increase by up to 200% from September, following a surge in property prices after the Ram temple consecration. Investors and real estate companies have been purchasing...

NTPC Gets Shareholders' Approval for Rs 12,000 Crore Debt Raise

August 30, 2024 21:07

NTPC secures shareholder approval to raise up to Rs 12,000 crore through non-convertible debentures (NCDs) to fund capacity expansion. The move reflects the company's aggressive growth strategy.

Sebi Settles Case with Gurpreet Singh Dhillon Over Venture Capital Fund Rule Violation

August 30, 2024 19:34

Gurpreet Singh Dhillon, former director of Vistaar Religare Media Fund, has settled a Sebi case involving alleged non-winding up of the fund's scheme. Dhillon paid Rs 37 lakh to settle the matter.

Max Estates Raises Rs 800 Cr via QIP for Growth

August 30, 2024 15:17

Max Estates, a leading Delhi-NCR real estate developer, announced a Qualified Institutional Placement (QIP) to raise Rs 800 crore for business expansion, including land acquisition.

Revised Wastage Norms for Gold, Silver Jewellery Exports

August 29, 2024 22:17

The Indian government proposes revised norms for gold, silver, and platinum jewellery exports, inviting industry feedback on permissible wastage.

LIC Faces Rs 606 Crore GST Demand for FY20

August 29, 2024 20:53

LIC received a GST demand notice of Rs 606 crore for FY2019-20, citing short payment and incorrect input tax credit. The order is appealable.

DGCA Takes Action on SpiceJet, Air India Express & Akasa Air

August 29, 2024 20:49

India's aviation regulator DGCA has initiated action against SpiceJet, Air India Express, and Akasa Air for various safety and regulatory violations. The regulator also suspended the approval for...

NHPC Raises Borrowing Limit to Rs 50,000 Cr

August 29, 2024 20:07

NHPC shareholders approved increasing the company's borrowing limit to Rs 50,000 crore, enabling further investments in ongoing and new projects.

DGCA Issues Show Cause Notice to Akasa Air for Violations - Aviation News

August 29, 2024 19:47

India's aviation regulator, DGCA, has issued a show cause notice to Akasa Air for several regulatory violations, including inadequate training standards. The airline has been given seven days to...

Azerbaijan Targets 2.5 Lakh Indian Tourists in 2023

August 29, 2024 19:38

Azerbaijan aims to welcome 2.5 lakh Indian tourists this year, driven by strong connectivity and ease of visa. The country saw a 31% increase in Indian visitors in the first seven months of 2023.

RBI Warns Against Fraudulent Activities: Don't Share Details

August 29, 2024 19:18

The Reserve Bank of India (RBI) warns the public against fraudulent activities using its name. Don't share your account login details, OTP, or KYC documents with unidentified individuals.

India to Launch E-commerce Export Hubs for Fast-Moving Goods

August 29, 2024 18:37

India plans to set up e-commerce export hubs to boost cross-border trade, focusing on fast-moving goods like textiles, handicrafts, and jewelry. The government aims to increase e-commerce exports...

Eicher Incentives for Scrappage: New Truck & Bus Offers

August 29, 2024 16:36

Eicher Trucks & Buses launches a scrappage scheme offering incentives for customers to trade in old vehicles for new ones. Get up to 3% off on new vehicles.

Air India Express Fined Rs 10 Lakh for Flight Cancellations - DGCA

August 29, 2024 16:17

The DGCA has fined Air India Express Rs 10 lakh for failing to provide compensation to passengers for canceled flights, violating aviation regulations.

Aston Martin Bullish on Indian Luxury Car Market Growth

August 29, 2024 13:42

Aston Martin sees strong potential in India's luxury car market, expanding its presence and launching new models. The company reports significant growth, driven by rising demand from Tier II and...

Sebi Warns of SME Share Price Manipulation - Investor Caution Urged

August 28, 2024 17:25

SEBI cautions investors against investing in SME companies suspected of share price manipulation, urging them to be vigilant and rely on verified information. Promoters of some SME companies have...

HUL Faces Rs 963 Cr Income Tax Demand: Appeal Planned

August 28, 2024 13:39

Hindustan Unilever (HUL) received a Rs 963 crore Income Tax demand for non-deduction of TDS on the acquisition of Horlicks and other brands from GlaxoSmithKline. HUL plans to appeal the order.

Port Workers Strike Deferred: Unions Reach Agreement

August 27, 2024 21:26

Port and dock workers' unions in India have deferred an indefinite strike after reaching an agreement with port management on wage revisions and benefits. The strike was scheduled to begin on...

CDSL, Citibank Settle Sebi Cases: Regulatory Violations

August 27, 2024 18:19

CDSL and Citibank N.A. have settled regulatory violation cases with Sebi after paying settlement charges. The cases involved alleged violations of operational framework for defaulted debt...

Kalpataru Projects Receives Tax Notice from Afghanistan

August 27, 2024 14:20

Kalpataru Projects International Ltd has received a tax notice from the Afghanistan government for non-submission of certain declarations. The company anticipates that the additional tax and fine...

Paytm Shares Plunge 4% Amid Sebi Show-Cause Notice

August 26, 2024 18:12

Paytm shares dropped over 4% on Monday following reports of Sebi issuing show-cause notices to Vijay Shekhar Sharma and board members over alleged misrepresentation during its IPO.

Sebi Issues Notice to Paytm on CEO Sharma's ESOPs

August 26, 2024 17:46

Market regulator Sebi has issued a notice to Paytm regarding employee stock options given to CEO Vijay Shekhar Sharma. Paytm maintains that it has already made necessary disclosures.

DPIIT's Copyright Rule Withdrawal: Boost for Rights Owners

August 26, 2024 11:18

DPIIT's withdrawal of a copyright rule strengthens the position of copyright owners, allowing them to negotiate better royalty rates. Experts say the decision will impact the digital music industry...

IOC, BPCL, GAIL Fined Again for Board Listing Norms

August 25, 2024 12:28

India's top oil companies, including IOC, BPCL, and GAIL, have been fined for the fifth consecutive quarter for failing to meet board listing norms regarding independent and women directors.

Mercedes-Benz India Faces Environmental Violations Allegations in Pune

August 24, 2024 18:15

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

Major Ports to Discuss With Workers to Avert Strike

August 23, 2024 19:53

Major ports in India are set to discuss with workers' unions to prevent a nationwide strike scheduled for August 28. The strike is in protest of delayed wage revisions and benefits.

Power Grid Corp Raises Borrowing Limit to Rs 15,000 Cr

August 23, 2024 19:15

Power Grid Corporation of India has received shareholder approval to increase its borrowing limit to Rs 15,000 crore for the 2024-25 fiscal year, enabling the company to fund its expansion plans.

India Seeks Proposals for E-commerce Export Hubs

August 23, 2024 17:22

India's government seeks proposals for setting up e-commerce export hubs to boost cross-border trade. The initiative aims to increase exports from USD 5 billion to USD 50-100 billion in coming years.

Ola vs. MapmyIndia: Legal Notice, Mapping Claims

August 23, 2024 16:25

Ola founder Bhavish Aggarwal rejects MapmyIndia's claims of copying their mapping technology. Ola has sent a legal notice to MapmyIndia, but received no reply.

DGCA Fines Air India Rs 90 Lakh for Non-Qualified Crew

August 23, 2024 13:51

India's aviation regulator DGCA has fined Air India Rs 90 lakh for operating a flight with unqualified crew members, citing safety concerns.

SBI Life Faces Rs 239 Crore GST Demand

August 22, 2024 22:16

SBI Life received a GST demand notice of Rs 239.27 crore for FY 2019-20, related to short payment on premium and input credit. The company is contesting the demand.

RCF Fined Rs 9.66 Lakh by BSE, NSE for Board Non-Compliance

August 22, 2024 19:46

State-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) was fined Rs 9.66 lakh each by BSE and NSE for non-compliance with board composition regulations. The company argues that the government's...

Dish TV Fined by BSE, NSE for Lack of Board Strength

August 22, 2024 18:59

Dish TV has been fined Rs 12.74 lakh by BSE and NSE for failing to meet quorum requirements on its board. The company cited non-approval of director appointments by shareholders as the reason for...

Hindustan Zinc Fined Rs 10.73 Lakh for Sebi Violations

August 22, 2024 17:57

BSE and NSE have fined Hindustan Zinc Rs 10.73 lakh for violating Sebi norms related to independent directors on the board. The company is working to comply with regulations.

Kalpataru Projects Gets GST Tax Notice - Rs 12 Lakh Demand

August 22, 2024 15:05

Kalpataru Projects International Ltd received a tax notice from the GST Authority for Rs 10.50 lakh in taxes and Rs 1.50 lakh in penalties for FY 2019-20.

CCI Flags Concerns Over Viacom18-Star India Merger

August 21, 2024 19:47

CCI has raised concerns over the proposed Viacom18-Star India merger, seeking detailed replies from the companies. The regulator may conduct public scrutiny if concerns are not addressed.

Tax Notices Should Be Simple 'Friendly': FM Tells Taxmen

August 21, 2024 18:57

Finance Minister Nirmala Sitharaman has urged tax officers to use simpler language in notices and be more 'friendly' towards taxpayers, emphasizing clarity and proportionality in actions.

Sebi Fines IIFL Securities Rs 11 Lakh for Rule Violations

August 21, 2024 18:28

Sebi has imposed a Rs 11 lakh fine on IIFL Securities for breaching stock broker regulations and other regulatory norms, including failing to settle client funds and securities on time.

TRAI Warns of Fraudulent Calls: Don't Fall Prey

August 21, 2024 18:12

TRAI warns of fraudulent calls threatening mobile number disconnection. The regulator clarifies it doesn't initiate such communication and advises users to be vigilant.

China Investigates EU Dairy Exports Amid Trade Tensions

August 21, 2024 15:55

China launches an investigation into EU dairy subsidies, potentially leading to tariffs, escalating trade tensions with the EU over electric vehicles.

ICICI Securities Delisting Approved by NCLT

August 21, 2024 13:28

The National Company Law Tribunal (NCLT) has approved the delisting of ICICI Securities, dismissing objections from minority shareholders. ICICI Securities will become a wholly-owned subsidiary of...

ICICI Securities Settles Sebi Case, Pays Rs 69.82 Lakh

August 21, 2024 12:57

ICICI Securities has settled with Sebi after paying Rs 69.82 lakh for alleged violation of regulatory norms related to merchant banking activities. The settlement order was passed on August 20, 2024.

NFRA Fines Coffee Day Entities Rs 10.75 Crore for Funds Diversion

August 20, 2024 17:58

The National Financial Reporting Authority (NFRA) has slapped penalties of Rs 10.75 crore on three entities for lapses in the audit of Coffee Day Enterprises for 2018-19, including a ban on BSR...

India Bans De-oiled Rice Bran Export Till 2025

August 20, 2024 17:07

India has banned exports of de-oiled rice bran, used in cattle feed, until January 31, 2025, to ensure domestic supply. The ban was previously in place until July 31.

TRAI Cracks Down on Telemarketers: New Rules to Curb Spam

August 20, 2024 16:28

TRAI has issued new regulations to combat spam calls and messages. Telcos must enforce measures to curb misuse of messaging services and protect consumers from fraudulent practices.

Overtourism Chaos: Sintra Residents Fight Back Against Tourist Surge

August 19, 2024 12:26

Sintra, Portugal, faces the challenges of 'overtourism', with residents struggling against traffic, housing issues, and overwhelmed infrastructure. Local groups fight for better management and...

Hero MotoCorp Gets Rs 17 Crore Tax Notice from Delhi GST

August 18, 2024 15:36

Hero MotoCorp received a tax demand notice of over Rs 17 crore from Delhi GST authorities for disallowed input tax credit in FY 2019-20. The company plans to appeal the notice.

Karnataka CM Siddaramaiah to Face Prosecution in MUDA Scam

August 17, 2024 18:18

Karnataka Governor grants sanction for prosecution of Chief Minister Siddaramaiah in a land allotment scam. Siddaramaiah and his party have denounced the move, vowing to fight it legally.

CBIC Asks GST Officers to Consult Board on Law Interpretation

August 17, 2024 15:57

The CBIC has instructed GST officers to consult the board for conflicting interpretations of GST law during audits, aiming to reduce litigation and promote uniformity.

RBI Fines BoM, Hinduja Leyland, Poonawalla Fincorp for Violations

August 16, 2024 19:40

The Reserve Bank of India (RBI) has imposed penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for violating regulatory directions, including Know Your Customer (KYC)...

UP RERA Puts 400 Projects in 'Abeyance' for Lack of Maps, Records

August 16, 2024 19:09

UP RERA has placed 400 housing projects in 'abeyance' for failing to upload land records and maps on its portal, aiming to protect homebuyers from potential fraud.

Adani Power to Continue Bangladesh Power Supply

August 16, 2024 17:31

Adani Power confirms it will continue supplying power to Bangladesh from its 1,600MW Jharkhand plant, despite recent changes to India's power import/export guidelines.

Egyptian Ship Arrested at Paradip Port for Debt

August 16, 2024 13:48

An Egyptian ship, MV Wadi Albostan, was arrested at Paradip Port in Odisha due to a Rs 3.96 crore debt owed to a German company. The ship was carrying iron ore to China.

MTNL & BSNL 10-Year Service Pact Approved

August 14, 2024 18:20

MTNL board approves a 10-year service agreement with BSNL, along with share sales in overseas subsidiary Mahanagar Telephone (Mauritius).

Mahindra Holidays Faces Rs 16.77 Cr GST Demand | Business News

August 14, 2024 16:49

Mahindra Holidays & Resorts India has received a Rs 16.77 crore GST demand notice, including a penalty, from the tax authorities. The company is pursuing legal remedies.

Maruti Suzuki Gets Rs 3.8 Crore Show Cause Notice from Customs

August 14, 2024 13:19

Maruti Suzuki India received a show cause notice from customs demanding payment of Rs 3.8 crore in differential duty. The company claims no major impact on its operations.

Delhi Airport Restrictions on Non-Scheduled Flights on August 15

August 13, 2024 19:58

Delhi airport will impose restrictions on non-scheduled flights on August 15 from 6 am to 10 am and 4 pm to 7 pm. Scheduled flights and military operations will not be affected.

Sebi Settles Insider Trading Charges in PNB Housing Finance Case

August 13, 2024 17:44

Three individuals settled insider trading charges with Sebi in the PNB Housing Finance case, paying a collective Rs 1.56 crore. The regulator initiated proceedings for alleged violation of insider...

Mayawati: Hindenburg-SEBI Issue Beyond Ruling Party-Opposition Debate

August 13, 2024 11:56

BSP chief Mayawati says Hindenburg allegations against SEBI chairperson are affecting the Centre's credibility and calls for a high-level inquiry.

Godrej Industries to Raise Rs 3,000 Cr Through Debt Instruments

August 12, 2024 18:27

Godrej Industries plans to raise up to Rs 3,000 crore through issuance of debt instruments, seeking shareholder approval for the move. The funds will be used for business purposes, investments, and...

Bajaj Finance Faces Rs 342 Crore GST Demand: Show Cause Notice Issued

August 12, 2024 17:37

Bajaj Finance received a show cause notice for a Rs 342 crore GST demand. The DGGI alleges upfront interest collected in B2B transactions is liable to GST. The company plans to contest the notice.

Ola Maps ''Gimmick'': MapmyIndia CEO Slams Ola''s Map Claims

August 11, 2024 18:13

MapmyIndia CEO Rohan Verma criticizes Ola''s claims about developing a navigational map of India, calling it a ''gimmick''. He also questions the quality of Ola Maps, saying it''s ''pathetic''.

Hindenburg Attacks Sebi Chief: Buchs Respond

August 11, 2024 18:08

US short-seller Hindenburg has accused Sebi chief Madhabi Puri Buch and her husband of conflict of interest, but the Buchs have denied the allegations.

Hindenburg Accuses Sebi Chief of Conflict of Interest: Buchs Respond

August 11, 2024 17:07

Hindenburg Research accuses Sebi chair Madhabi Puri Buch of conflict of interest, claiming her husband's involvement with Adani Group. Buch denies the allegations.

Hindenburg Accuses SEBI Chief of Adani Ties, She Denies

August 11, 2024 15:32

Hindenburg Research alleges SEBI chief Madhabi Puri Buch had investments in offshore funds linked to Adani Group, while Buch and Adani Group deny the claims.

Gadkari Threatens to Cancel Punjab Highway Projects Over Law & Order

August 10, 2024 17:05

Union Minister Nitin Gadkari has warned the Punjab government of terminating eight highway projects due to deteriorating law and order situation, citing recent incidents of violence against project...

NCLT Orders Insolvency Proceedings Against Coffee Day Enterprises

August 10, 2024 16:08

India's National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Cafe Coffee Day, due to a default of Rs 228.45 crore.

Nepal to Import 19,000 MT Sugar from India Ahead of Festive Season

August 9, 2024 18:41

Nepal plans to import 19,000 metric tons of sugar from India ahead of the festive season, including Vijaya Dashami and Deepawali, to meet growing demand. The Ministry of Industry, Commerce, and...

Air India Suspends Tel Aviv Flights Amid Israel-Iran Tensions

August 9, 2024 16:43

Air India has suspended flights to and from Tel Aviv due to escalating tensions between Israel and Iran. The airline is offering full refunds to affected passengers.

Samsung Recalls 1 Million Electric Ranges Over Fire Hazard

August 9, 2024 08:54

Samsung is recalling over 1 million electric ranges due to a fire hazard caused by accidental knob activation. Consumers should contact Samsung for free knob locks.

China's Tax Crackdown: Local Governments Chase Unpaid Bills

August 8, 2024 10:25

Facing budget shortfalls, China is cracking down on unpaid taxes, targeting companies and individuals for decades-old debts. This comes as the government grapples with a mounting debt crisis and a...

50,258 Real Estate Cases Pending in Consumer Courts: Govt Data

August 7, 2024 20:40

Government data reveals over 50,000 real estate cases pending in consumer courts across India. The Consumer Protection Act, 2019 aims to simplify the adjudication process and expedite dispute...

Sebi Fines Karvy Stock Broking Rs 25 Crore for Misusing Client Funds

August 7, 2024 18:17

Sebi has issued a notice to Karvy Stock Broking and its CMD for misusing clients' funds by misusing Power of Attorney. The regulator has ordered them to pay Rs 25 crore within 15 days.

Tesla Recalls 1.6 Million Cars in China for Trunk Safety Fix

August 7, 2024 09:35

Tesla is recalling over 1.6 million cars in China due to a trunk latch issue. The recall involves a remote software update to ensure proper warnings and free repairs for affected vehicles.

NCLT to Hear Reliance Capital Resolution Case: IIHL to Face Directions

August 6, 2024 19:41

The Mumbai bench of NCLT will hear an interlocutory application filed by the Administrator of Reliance Capital seeking directions to IIHL for implementation of the resolution plan. The...

NTPC to Raise Rs 12,000 Crore via NCDs - Shareholders' Approval Sought

August 6, 2024 15:32

State-owned NTPC seeks shareholders' approval to raise Rs 12,000 crore through NCDs in its AGM on August 29. The funds will be used for capacity expansion.

GST Notices Threaten India's Aviation Potential: IATA

August 6, 2024 13:27

IATA expresses concern over GST notices issued to foreign airlines in India, citing potential damage to the country's aviation growth. The organization urges the government to resolve the issue.

JSW Steel Surrenders Odisha Iron Ore Lease - Uneconomic Operation

August 4, 2024 13:56

JSW Steel has surrendered a mining lease for a block in Odisha, citing "uneconomic operation." The Jajang iron ore block was acquired through an auction in 2020.

Infosys GST Notice: DGGI Closes Rs 3,898 Cr Proceedings

August 3, 2024 23:00

Infosys received a Rs 3,898 crore GST notice for 2017-18 from the DGGI, but the agency has now closed the pre-show cause notice proceedings. Read more.

NSE Warns Investors Against Guaranteed Stock Market Returns

August 2, 2024 12:19

The National Stock Exchange (NSE) warns investors against guaranteed returns on stock market investments, highlighting the risks of such schemes and taking disciplinary actions against a broker...

Infosys Withdraws GST Notice: Rs 32,403 Crore Demand

August 1, 2024 23:47

Infosys has received a communication from Karnataka authorities withdrawing the GST notice for Rs 32,403 crore. The company will now respond to the DGGI.

Tata Play Removes Sony Channels: SPNI Calls it Arbitrary

August 1, 2024 21:35

Tata Play is removing Sony Pictures Network India channels from its bouquets, citing lower viewership, while SPNI claims the decision is arbitrary and a retaliation for exercising audit rights.

Karnataka Govt. Urges Governor to Withdraw Show-Cause Notice to CM

August 1, 2024 19:32

Karnataka government strongly urges Governor to withdraw show-cause notice to CM Siddaramaiah over MUDA site allotment 'scam', alleging political motivation and misuse of office.

Nasscom Supports Infosys Amidst Rs 32k Cr GST Notice

August 1, 2024 16:22

Nasscom defends Infosys against a Rs 32,403 crore GST notice, citing a lack of understanding of the IT industry's model. The association highlights the impact of the notice on investor confidence...

Infosys Faces Rs 32,403 Crore GST Demand: Tax Woes

July 31, 2024 21:50

Infosys has been slapped with a Rs 32,403 crore GST demand notice for services availed from overseas branches. The company disputes the demand, arguing GST is not applicable.

Infosys GST Evasion Notice: Rs 32,403 Cr Alleged

July 31, 2024 21:16

Infosys has received a pre-show cause notice for alleged GST evasion of Rs 32,403 crore for overseas branch office expenses. The company denies liability and is seeking a refund.

Govt Extends Deadline for MPS Norms till Aug 2026

July 31, 2024 20:35

The Indian government has extended the deadline for meeting minimum public shareholding (MPS) norms for CPSEs and public sector financial institutions till August 2026.

Jindal Stainless Q1 Profit Down 12% to Rs 646 Cr

July 30, 2024 17:59

Jindal Stainless Ltd (JSL) reported a 12% decline in consolidated net profit to Rs 646.07 crore in Q1 FY25, mainly due to lower income. The company also announced plans to raise up to Rs 5,000...

Suzlon Energy: NSE Issues Warning for Disclosure Lapses

July 30, 2024 14:52

The National Stock Exchange of India (NSE) has issued a warning letter to Suzlon Energy for failing to comply with disclosure rules regarding an analyst's call. The NSE highlighted that Suzlon's...

Wayanad Landslide: Rajya Sabha Discusses Relief Efforts

July 30, 2024 12:43

The tragic landslides in Wayanad, Kerala, were discussed in the Rajya Sabha with the Opposition demanding central assistance. The government assured support and relief efforts.

MapmyIndia Accuses Ola of Copying Data, Reverse Engineering App

July 29, 2024 21:47

MapmyIndia has sent a legal notice to Ola Electric, alleging that the ride-hailing company copied its data and reverse-engineered its app to create Ola Maps.

Insider Trading Rules for Mutual Funds: Effective Nov 1

July 29, 2024 20:59

SEBI implements insider trading rules for mutual funds, effective November 1, 2024, to enhance transparency and prevent misuse of sensitive information by AMCs.

Gold & Silver Jewellery Export Norms Extended to August 31

July 29, 2024 19:39

India's DGFT extends the new wastage norms for gold, silver, and platinum jewellery exports to August 31, 2024, after industry concerns.

Restore Old UPSC Exam Pattern: SP Leader's Demand

July 29, 2024 12:55

Samajwadi Party leader Ramgopal Yadav demands the restoration of the traditional subject-based question paper format for UPSC examinations, citing concerns about the current objective format and...

Colgate-Palmolive India Faces Rs 248.74 Crore Tax Demand

July 28, 2024 18:51

Colgate-Palmolive (India) Ltd has received a Rs 248.74 crore tax demand notice from the Income Tax Authority for transfer pricing-related issues. The company plans to challenge the order.

India Scraps Lithium Mine Auction Due to Low Bids

July 28, 2024 11:02

India has cancelled the auction of three critical mineral blocks, including a lithium mine in Jammu and Kashmir, due to a lack of bids. The government is aiming for self-reliance in critical...

Maruti Suzuki Hit With Rs 779.2 Cr Tax Demand

July 26, 2024 19:50

Maruti Suzuki India Ltd has received a Rs 779.2 crore tax demand from the Income Tax authority for the financial year 2019-20. The company plans to appeal the order.

RBI Fines Visa, Ola & Manappuram for Compliance Violations

July 26, 2024 19:21

The Reserve Bank of India has imposed penalties on Visa Worldwide, Ola Financial Services and Manappuram Finance for deficiencies in regulatory compliance, including KYC violations and lack of...

Piramal Capital Ex-MD Settles Insider Trading Case with Sebi

July 25, 2024 22:01

Piramal Capital Housing Finance's former MD Khushru Jijina, his wife Benaifer, and Greatdeal Finconsult settled an insider trading case with Sebi by paying Rs 43.55 crore.

Govt Eases EPCG License Norms: Easier Import of Capital Goods

July 25, 2024 19:14

India's government has eased norms for EPCG license holders, simplifying import of capital goods and enhancing ease of doing business.

Silkyara Tunnel Collapse: Action After Expert Report - Gadkari

July 25, 2024 16:30

Road Transport Minister Nitin Gadkari says action will be taken against erring contractors and officials responsible for the Silkyara tunnel collapse based on expert panel recommendations.

Ujaas Energy Seeks Share Capital Increase to Rs 45 Cr

July 25, 2024 15:24

Ujaas Energy proposes to raise its authorised share capital to Rs 45 crore and issue bonus shares at a ratio of 1:4. The company will seek shareholder approval at its AGM on August 16, 2024.

Karnataka HC Orders CBI Probe in Valmiki Scam

July 23, 2024 19:37

The Karnataka High Court has ordered the state government to transfer the Valmiki scam investigation to the CBI, following a petition by Union Bank of India. The case involves alleged financial...

Angel Tax Abolition: Budget Cheers Startups & Investors

July 23, 2024 16:13

India's budget abolishes angel tax, a major win for startups and investors. This move is expected to boost investment, create jobs, and foster innovation.

Arunachal to Terminate Power Project Agreements: Deputy CM

July 22, 2024 18:28

Arunachal Pradesh government is considering terminating agreements with power developers who haven't fulfilled their commitments, with 53 MoAs already terminated. The state has a massive hydropower...

Coal India Wins First Critical Mineral Asset: Graphite Block

July 22, 2024 13:50

Coal India has secured its first critical mineral asset, a graphite block in Madhya Pradesh, marking its entry into non-coal mineral mining. The move supports the country's green energy transition...

Punjab Seeks Approval for BG-3 Cotton Seeds to Combat Pests

July 18, 2024 20:28

Punjab Agriculture Minister seeks approval for BG-3 cotton seeds to combat pest attacks, urging the Union Minister to expedite research and approval.

Eicher Motors Receives Rs 15 Lakh GST Demand Notice

July 18, 2024 20:13

Eicher Motors received a Rs 15 lakh GST demand notice from Haryana authorities, which the company believes is not maintainable. Eicher is evaluating options including an appeal.

Sebi Drops Case Against Prudent Broking: Lack of Evidence

July 18, 2024 18:04

SEBI has dismissed a case against Prudent Broking Services due to lack of evidence regarding allegations of fraudulent trades by Alpesh Furiya and associated entities.

US Ambassador Visits Adani's Khavda Renewable Energy Project

July 18, 2024 14:34

US Ambassador Eric Garcetti visited Adani Group's Khavda renewable energy project, the world's largest, signaling confidence in the conglomerate's recovery following the Hindenburg report. The...

UP RERA Holds Online Hearings for 32 Complaints

July 17, 2024 22:33

UP RERA has issued a public notice for parties to appear in online hearings of 32 complaints. The authority warns of unilateral decisions if parties fail to appear.

Nazara Tech Subsidiaries Face Rs 1120 Crore GST Demand

July 17, 2024 18:00

Nazara Technologies's subsidiaries, Openplay and Halaplay, received GST demand notices totaling Rs 1120 crore for the period 2017-2023. The notices pertain to GST calculation based on bets placed...

Baltic States Exit Moscow-Controlled Power Grid

July 16, 2024 20:31

Estonia, Latvia, and Lithuania officially notified Russia and Belarus of their exit from the Moscow-controlled electricity grid, a move towards energy independence from Russia.

Sebi Proposes Summary Proceedings for Intermediaries

July 16, 2024 19:27

Sebi proposes summary proceedings for intermediaries to expedite violations of securities laws, aiming for faster and more efficient handling of cases.

Govt. Deposits Rs 92 Crore to Save MTNL from Bond Default

July 16, 2024 17:26

The Indian government deposited Rs 92 crore to cover immediate bond interest dues of MTNL, averting a crisis for the debt-laden telecom company. The government also committed to paying Rs 64 crore...

Cipla Faces Rs 773 Crore I-T Demand: Details - Business News

July 16, 2024 16:40

Cipla receives a Rs 773.44 crore demand notice from the income tax department for assessment years 2015-16 to 2022-23. The company plans to appeal the order.

Sebi Fines Monetary Solutions Rs 25 Lakh for Market Norm Violations

July 15, 2024 22:28

Sebi has fined Monetary Solutions Rs 25 lakh for violating market norms, including advertising fake testimonials and failing to disclose an investor charter.

RBI Revises Fraud Norms: Banks Must Hear Borrowers First

July 15, 2024 20:16

The Reserve Bank of India (RBI) has revised its fraud risk management guidelines to incorporate a Supreme Court ruling requiring banks to hear borrowers before classifying accounts as fraudulent.

Trump's Economic Plans: RNC Focuses on Economy, Tariffs & Inflation

July 15, 2024 09:49

Donald Trump's economic plans, including tariffs, tax cuts, and immigration policies, take center stage at the RNC. Experts weigh in on the potential impact on the US economy.

Sebi Auctions 19 Properties of 7 Companies on August 12

July 14, 2024 21:01

Sebi will auction 19 properties of 7 companies, including Mangalam Agro Products, Sun Plant Business, and Sumangal Industries, on August 12 to recover illegally collected funds from investors.

Govt to Pay MTNL Bond Dues: No Default, Sources Say

July 14, 2024 15:25

The Indian government will pay the bond interest dues of MTNL before the July 20 deadline, ensuring no default. This comes after MTNL expressed inability to make payments due to financial woes.

Nasscom Raises Concerns Over Karnataka Gig Worker Bill

July 12, 2024 19:11

Nasscom opposes Karnataka's draft gig worker bill, citing onerous regulations and a lack of consultation. The bill aims to regulate social security and welfare of gig workers, but Nasscom argues it...

IndiGo Allowed Digital Pre-Flight Briefings by DGCA

July 12, 2024 18:54

DGCA approves IndiGo's use of Electronic Flight Folder (EFF) for pre-flight data, reducing weight, fuel consumption, and enhancing safety & efficiency.

Open VC Link for Traders to Interact with DPIIT

July 12, 2024 18:05

A new voice chat link has been launched on the DPIIT website to enable weekly interactions between traders and the National Traders Welfare Board.

ATC Converts Rs 160 cr Voda Idea Debt Bonds into Equity

July 11, 2024 21:13

ATC Telecom Infrastructure has converted Rs 160 crore worth of Vodafone Idea debentures into equity, adding to its earlier conversion of Rs 1,440 crore in March. The move comes as VIL struggles...

Sebi to Auction HBN Dairies Properties for Rs 67.70 cr

July 11, 2024 15:41

Sebi will auction eight properties of HBN Dairies & Allied Ltd for a reserve price of Rs 67.70 crore to recover funds raised through illicit investment schemes.

Paytm Agrees Not To Recover Joining Bonus After Labour Intervention

July 10, 2024 20:49

Paytm has agreed not to recover the joining bonus from an employee after intervention by the Labour Ministry. The company also agreed to pay the notice period payment.

India Caps Interest Equalization for Exporters at Rs 1.66 Crore

July 10, 2024 14:48

The Indian government has capped the interest equalization benefit for exporters at Rs 1.66 crore per IEC for July-August 2024, promoting outbound shipments.

Herox, Munjal Family Penalized for SBO Violations

July 9, 2024 21:29

The corporate affairs ministry has imposed penalties on Herox Pvt Ltd and two members of the Munjal family for violating significant beneficial owner (SBO) norms. Read more about the violations and...

EEPC India Urges Interest Subvention Revival for Exporters

July 8, 2024 15:34

EEPC India seeks revival of interest subvention scheme for exporters in pre-budget recommendations, emphasizing its importance amid rising rates. The council also urged for benefits for merchant...

Sebi Consults on Clearing Corp Interest Income

July 7, 2024 20:38

Sebi proposes new guidelines for interest income earned by Clearing Corporations on cash collaterals from clearing members and upstreamed client funds, seeking public feedback till July 25.

Sebi Accuses Hindenburg of Adani Group Insider Trading

July 7, 2024 11:53

Sebi has issued a show cause notice to Hindenburg Research for alleged insider trading related to its report on Adani Group, accusing the short-seller of profiting from a deal with a hedge fund.

RBI Fines Punjab National Bank Rs 1.31 Crore for KYC Violations

July 5, 2024 19:45

The Reserve Bank of India has imposed a Rs 1.31 crore penalty on Punjab National Bank for non-compliance with KYC and loan-related regulations. The penalty was imposed following a statutory...

Torrent Power Seeks Rs 5,000 Cr Fundraise via Equity

July 5, 2024 17:47

Torrent Power seeks shareholder approval to raise up to Rs 5,000 crore through equity shares for expansion and working capital needs. The company also plans to elevate Jinal Mehta as Vice Chairman...

UK-India FTA: GTRI Predicts Approval with Adjustments

July 5, 2024 14:12

GTRI expects the UK to approve the India-UK free trade agreement under the Labour Party, but with minor adjustments, including visa restrictions for Indian professionals. The think tank urges India...

Coffee Day Enterprises Reports Rs 433.91 Crore Default in Q1 FY25

July 5, 2024 14:10

Coffee Day Enterprises Ltd (CDEL) has reported a total default of Rs 433.91 crore in Q1 FY25 due to a liquidity crisis, according to a regulatory update. This includes defaults on interest and...

Multiplier Brand Solutions Appeals Amazon Wholesale Case at NCLAT

July 4, 2024 20:03

Multiplier Brand Solutions challenges NCLT's dismissal of its insolvency plea against Amazon Wholesale (India) at the National Company Law Appellate Tribunal (NCLAT). The case involves alleged...

Sebi Mandates Fraud Prevention for Stock Brokers

July 4, 2024 15:56

SEBI has issued a circular requiring stock brokers to establish an institutional mechanism for fraud prevention and market abuse. The circular mandates implementation of surveillance systems,...

Insolvency Professionals Face Challenges from Statutory Authorities: Survey

July 3, 2024 21:21

A survey reveals that insolvency professionals face significant challenges from statutory authorities during the IBC process, including delays and conflicting demands.

Supertech Realtors Insolvency Case: NCLAT Awaits Lenders' Decision

July 3, 2024 20:12

NCLAT delays insolvency proceedings against Supertech Realtors, pending lenders' decision on a revised settlement offer. The Supernova project, under construction, will continue under IRP supervision.

GST Council Amendments in Finance Bill: CBIC Chief

July 3, 2024 17:05

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.

India Rating Upgrade: S&P Says Fiscal Deficit Key

July 3, 2024 16:46

S&P Global Ratings says India's sovereign rating could be upgraded within 24 months if the government brings down fiscal deficit to 4% of GDP. The agency expects India's economy to grow at 6.8% in...

Kotak Mahindra Bank Shares Drop 2% Amid Adani-Hindenburg Row

July 2, 2024 17:54

Kotak Mahindra Bank shares fell over 2% on Tuesday, eroding its market cap by Rs 7,777 crore, following the company's involvement in the Adani-Hindenburg controversy. The US short-seller Hindenburg...

Raselle Capital VCC Settles FPI Violation Case with Sebi

July 2, 2024 17:34

Raselle Capital VCC has settled a case with Sebi regarding alleged violations of FPI rules after paying Rs 1.23 crore in settlement charges. The case involved alleged violations of Sebi's Foreign...

Sebi Warns Public Against HBN Dairies Property Deals

July 1, 2024 21:14

Sebi warns public against dealing in properties of HBN Dairies & Allied Ltd., following a Supreme Court order authorizing asset sale.

Delhi Airport T1 Closure: Technical Study, Canopy Collapse & Operations

June 30, 2024 18:26

Delhi Airport's Terminal 1 (T1) remains closed after a canopy collapse. A technical study is underway to determine the cause and potential reopening. Read more.

India Extends Export Scheme, But FIEO Disappointed

June 28, 2024 20:40

India extends interest equalisation scheme for exporters for two months, but only for MSMEs. Federation of Indian Export Organisations (FIEO) expresses disappointment.

Sebi Fines Kwality's Ex-MD, Others for Financial Misrepresentation

June 28, 2024 20:11

Sebi has penalized Kwality's former MD, Sanjay Dhingra, and other entities for misrepresenting the company's financials, leading to a fine of Rs 3.75 crore and a two-year market ban.

RBI Fines HSBC Rs 29.6 Lakh for Credit Card Violations

June 28, 2024 18:55

The Reserve Bank of India (RBI) has imposed a penalty of Rs 29.6 lakh on HSBC for non-compliance with directions related to credit card operations. The penalty was imposed following a supervisory...

Delhi Airport T1 Roof Collapse: Investigation Ordered, Flights Suspended

June 28, 2024 11:14

A roof collapse at Delhi airport's Terminal 1 on Friday morning left one dead and six injured. Civil Aviation Minister ordered an investigation and suspended flights from T1.

Sebi Removes Fin Disincentive for Stock Exchange Execs

June 27, 2024 22:03

Sebi's board approved removing financial disincentives for stock exchange MDs and CTOs due to technical glitches, aiming to attract talent. The regulator also approved a cybersecurity framework for...

Infosys CEO Settles Insider Trading Case with Sebi

June 27, 2024 14:08

Infosys CEO Salil Parekh has settled an insider trading case with Sebi, paying Rs 25 lakh for allegedly failing to implement adequate internal controls to prevent insider trading.

Sembcorp Sues Siemens Gamesa Over India Business Sale

June 26, 2024 15:19

Sembcorp has filed a suit in Bengaluru to prevent Siemens Gamesa from selling its India business before settling an arbitration dispute stemming from a wind power project contract.

FHRAI Seeks Infra Status for Hotels & Convention Centers

June 26, 2024 13:59

FHRAI urges the government to grant infrastructure status for hotels and convention centers, proposing GST rationalization and a 12% rate for all hotels.

Adani CFO Calls Sebi Notices Procedural: No Serious Issues

June 25, 2024 20:11

Adani group CFO says Sebi notices are procedural and trivial, reiterating compliance with regulations. The notices followed Hindenburg's allegations of corporate fraud, which Adani vehemently denies.

Spectrum Auction Begins Today: Rs 96,238 Crore Up for Grabs

June 25, 2024 09:46

India's 10th spectrum auction, valued at Rs 96,238 crore, starts today at 10 am. Reliance Jio, Bharti Airtel, and Vodafone Idea are among the bidders. The auction includes 5G spectrum bands.

Govt Cancels Auction of Critical Minerals in India

June 24, 2024 20:05

The Indian government has canceled the auction of 14 critical mineral blocks, citing a lack of bids and insufficient interest. The decision highlights challenges in securing crucial minerals for...

Elcid Investments Settles Sebi Case: Disclosure Lapses, Rs 17.3 Lakh Fine

June 24, 2024 17:07

Elcid Investments has settled a Sebi case involving disclosure lapses and failure to maintain a structured digital database. The company paid Rs 17.31 lakh to settle the matter.

Amend GST Sales Return Form Before Payment: GSTR-1A

June 23, 2024 16:41

GST taxpayers can now amend their sales return form GSTR-1 before paying taxes. The new optional facility GSTR-1A allows for correcting errors and ensuring accurate liability in GSTR-3B.

GST Notices Sent to Less Than 2% Taxpayers: FM

June 22, 2024 20:44

Finance Minister Nirmala Sitharaman assures taxpayers that less than 2% have received GST notices, emphasizing the government's focus on easing compliance requirements. The GST Council has also...

GST Council Grants Relief to Late Filers: ITC Denial Waiver

June 22, 2024 20:34

The GST Council has granted relief to small traders who faced ITC denial due to late filing. Goa CM Pramod Sawant raised the issue, leading to a waiver for returns filed by November 2021.

Noida Authority Seeks Dues from Developers: ATS, Supertech, Logix Owe Crores

June 21, 2024 22:15

Noida Authority has issued notices to real estate developers including ATS, Supertech, and Logix, demanding settlement of dues worth hundreds of crores. The move aims to address homebuyer distress...

GST Council Meeting: Online Gaming Tax, Fertilizer Recommendations & More

June 21, 2024 19:45

The GST Council will meet on Saturday to discuss online gaming tax, fertilizer recommendations, and other crucial issues, including GST rate rationalization and amendments to GST laws.

Sebi Drops Case Against Former Unitech Promoters

June 21, 2024 19:30

Sebi has dropped its investigation against former Unitech promoters Sanjay and Ajay Chandra due to lack of evidence of funds routing to the Indian securities market.

Blade in Flight Meal: FSSAI Issues Notice to TajSATS

June 20, 2024 20:55

FSSAI issued an improvement notice to TajSATS after a passenger found a blade in a meal on an Air India flight from Bengaluru to San Francisco. The food safety authority found that the blade came...

MP Distillery Sealed After Child Labor Found: Licence Suspended

June 20, 2024 19:19

A distillery in Madhya Pradesh was sealed and its license suspended after 58 children were found working there, violating labor laws. The incident follows a raid by the National Commission for...

Sebi Introduces Special Call Auction for Investment Cos

June 20, 2024 18:43

Sebi introduces a special call auction mechanism for listed investment companies (ICs) and investment holding companies (IHCs) to improve price discovery and liquidity.

Sebi Issues Guidelines for LPCC Core Settlement Guarantee Fund

June 20, 2024 17:55

Sebi has issued new guidelines for contributions to the Limited Purpose Clearing Corporation (LPCC) core settlement guarantee fund, emphasizing risk-based contributions and a default waterfall system.

FIU slaps Rs 18.82 cr penalty on crypto exchange Binance

June 20, 2024 15:17

India's Financial Intelligence Unit (FIU) has penalized Binance Rs 18.82 crore for alleged violations of the Prevention of Money Laundering Act (PMLA).

GST authorities withdraw demands of Rs 202.8 crore from Jagran Prakashan

June 19, 2024 18:14

GST authorities have withdrawn a demand of Rs 202.83 crore from Jagran Prakashan, publisher of Dainik Jagran. The company received an order dropping the proceedings on June 18, 2024.

GST Council to Discuss Online Gaming Tax & Corporate Guarantees

June 19, 2024 16:57

The GST Council will meet on Saturday to discuss taxation of online gaming, corporate guarantees, and spectrum fees. The meeting will also review the 28% GST on online gaming bets.

Sebi slaps penalty on OP Jindal Group's firm Hexa Tradex, other entities

June 18, 2024 20:42

Sebi has penalized OP Jindal Group's Hexa Tradex Ltd and its promoters for breaching delisting norms and disclosure rules. The regulator slapped fines totalling Rs 35 lakh.

Sebi invites application to hire executive director

June 18, 2024 16:40

Sebi invites applications for the position of Executive Director, requiring 20 years of experience in securities market or related fields. Apply by July 18.

NCLAT directs NCLT to hear afresh insolvency plea by APL Apollo Tubes

June 17, 2024 19:13

The National Company Law Appellate Tribunal (NCLAT) has directed the NCLT to rehear the insolvency plea filed by APL Apollo Tubes against a purchaser of its goods. The NCLAT criticized the NCLT for...

Le Travenues Technology shares to list on Tuesday

June 17, 2024 14:18

Le Travenues Technology, the parent company of ixigo, will list its shares on the stock market on Tuesday after its IPO was oversubscribed 98 times. The company plans to use the proceeds for...

Yemen Bank Fight Threatens Economy: Houthi vs. Government

June 16, 2024 19:35

Yemen's war-torn economy faces further turmoil as Houthi rebels and the government battle for control of banks, leading to currency crisis and financial instability.

Sebi Cancels Grovalue Fin Services Registration: Market Norms Violation

June 14, 2024 21:06

Sebi has cancelled the registration of Grovalue Financial Services for violating market norms and failing to comply with research analyst regulations. The regulator found the firm had not resolved...

RBI imposes Rs 1.45 cr penalty on Central Bank of India

June 14, 2024 18:42

The Reserve Bank of India has imposed a penalty of Rs 1.45 crore on Central Bank of India for non-compliance with directions related to loans and advances and customer protection.

SpiceJet Faces Insolvency Plea: NCLT Hearing on Aug 2

June 13, 2024 21:24

SpiceJet faces insolvency proceedings as engine lessor Engine Lease Finance files a plea with NCLT, claiming USD 12 million in unpaid dues. The case is scheduled for hearing on August 2.

Sebi to Auction KBCL India Properties in July

June 13, 2024 15:33

Sebi will auction 19 properties of KBCL India Ltd on July 16 to recover money illegally collected from investors. The auction will be conducted online and the reserve price is Rs 3.54 crore.

SBICAP Trustee Settles Sebi Case for Rs 25 Lakh

June 12, 2024 16:32

SBICAP Trustee Company Ltd settled with Sebi a case for alleged violation of debenture trustees rules after paying Rs 25 lakh towards settlement amount.

Bharti Airtel Converts USD 49.87 mn Foreign Debt Bond into Equity

June 11, 2024 21:40

Bharti Airtel has converted USD 49.87 million worth of foreign debt bonds issued in January 2020 into equity, reducing outstanding FCCBs to USD 80.60 million.

Digital Competition Law: IT Ministry to Meet Industry

June 11, 2024 18:21

India's IT Ministry is holding meetings to discuss the draft Digital Competition Law, with concerns raised by startups about its impact on the tech ecosystem.

Canara Robeco Settles Sebi Case for MF Rule Violation - Rs 84.82 Lakh Paid

June 11, 2024 17:06

Canara Robeco Asset Management Company Ltd settled a Sebi case for alleged violation of mutual fund norms, paying Rs 84.82 lakh towards settlement charges. The case was related to offsite cum...

Sebi Hiring 49 Officers: Apply Now!

June 11, 2024 15:22

Sebi is hiring 49 officers across various departments. Apply now for Officer Grade A (Assistant Manager) positions in General, IT, Legal, and more. The application deadline is June 30.

Company Name
Price
Volume

Rhetan TMT
15.59 (+ 19.83)
31433475

Srestha Finvest
1.79 ( -1.10)
29026799

Spicejet Ltd.
71.66 (+ 8.00)
28325118

Rama Steel Tubes
16.26 (+ 1.82)
21693933

Vodafone Idea L
13.41 ( -0.89)
19325317

Adani Group Stocks Drop Amid Swiss Money...

Adani group stocks declined after Swiss authorities froze USD 311 million held by a...

CCI Selects MDI for AI Market Study -...

CCI has chosen the Management Development Institute Society (MDIS) to conduct a market...

NHCX Gains Momentum: More Insurers Join for...

The National Health Claims Exchange (NHCX) platform is gaining traction among Indian...

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