Banks told to speed up IBC resolutions
NEW DELHI: Taking strong exception to slow action under the Insolvency & Bankruptcy Code (IBC), govt has started monitoring the top 20 cases, while also asking bank chiefs to closely…
NEW DELHI: Taking strong exception to slow action under the Insolvency & Bankruptcy Code (IBC), govt has started monitoring the top 20 cases, while also asking bank chiefs to closely…
NEW DELHI: The Income Tax Department has cautioned taxpayers against making false claims on their income tax returns, such as overstating deductions, understating income, or claiming expenses that are not…
NEW DELHI: The Reserve Bank of India has imposed penalties on three payment system operators, namely Visa Worldwide, Ola Financial Services, and Manappuram Finance, for the companies failure to adhere…
NEW DELHI: The ministry of heavy industries announced that the ‘Electric Mobility Promotion Scheme 2024′ has been extended by two months till September 30. It offers subsidies for EV buyers,…
MUMBAI: Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in…
HYDERABAD: Advent International backed integrated contract development and manufacturing organization (CDMO) Suven Pharmaceuticals Limited on Saturday said it has received approval from both the stock exchanges — National Stock Exchange…
HYDERABAD: EV charging infrastructure provider GLIDA, formerly known as Fortum Charge & Drive India, on Saturday rolled out its largest public EV charging hub nationwide in Hyderabad equipped with 102…
HYDERABAD: Despite clocking its highest ever quarterly revenues, higher tax outgo pulled down Hyderabad-based pharma major Dr Reddy’s Laboratories’ consolidated net profit for the first quarter ended June 30, 2024,…
MUMBAI: Vistara passengers can now get 20 minutes of complimentary Wi-Fi internet connectivity onboard its international flights operated by Boeing 787-9 Dreamliner and Airbus A321neo aircraft, the TATA-Singapore Airlines joint…
KOLKATA: Sanjiv Puri-led diversified conglomerate ITC plans to invest Rs 20,000 crore in various sectors in the next five years. The maximum investment will be in the FMCG business, followed…