Adanis to sell 2.8% stake in Ambuja for Rs 4,200 crore
MUMBAI: Holderind Investments, an Adani group promoter entity of Ambuja Cements, is selling nearly 7 crore shares of the company, representing 2.8% of its equity capital to raise about Rs…
NCLT OKs Adani Power’s Rs 4.1k crore Chandigarh plant buy
MUMBAI: The Hyderabad bench of the National Company Law Tribunal has approved Adani Power‘s purchase of Lanco Amarkantak for Rs 4,101 crore through the bankruptcy process, the Ahmedabad-based company said…
Wyndham plans budget hotels along highways
NEW DELHI: Patels from India have long been credited with scripting the success story of “motels” – highway hotels in America. Now an American hospitality major has set its eyes…
Food inflation: RBI remains hawkish
MUMBAI: The country’s top central bankers dashed market players’ hopes of RBI following in the footsteps of the US Federal Reserve towards an interest rate cut.Minutes of the monetary policy…
Filed your ITR FY 2023-24 in the last days of July? Your ITR will become invalid by this date if not verified
Over 7.28 crore income tax returns (ITR) were filed by July 31, 2024 and approximately 5 crore of these ITRs were filed by July 26, 2024, indicating that 2.28 crore…
Good news for EPFO subscribers! New end-to-end auto processing of claims, UAN-based EPF accounting system in works
Provident Fund claim settlement to get easier? The Employees’ Provident Fund Organisation (EPFO) is set to launch its upgraded IT system, EPFO IT System 2.01, within the next quarter, according…
$125 million investment in Akasa Air soon? Family offices of Wipro’s Azim Premji, Manipal Group’s Ranjan Pai look to board new airline
Akasa Air, one of India’s newest airlines, is in discussions with a consortium comprising Premji Invest and Claypond Capital, the family offices of Wipro’s Azim Premji and the Manipal Group’s…