RITES Signs MoU with Botswana to Modernise Railway and Transport Infrastructure
RITES Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Botswana to collaborate on the development and modernisation…
Cummins India Favorable Order from Income Tax Appellate Tribunal (ITAT)
Cummins India has received a favorable order from the Income Tax Appellate Tribunal (ITAT) regarding Financial Year 2017-18. The ITAT granted…
Granules India FDA Inspection Completed at Hyderabad Facility
Granules Life Sciences, a subsidiary of Granules India, has completed an FDA inspection at its Hyderabad facility (FEI: 3030495702). The…
REC Limited Incorporates Ambernath Power Transmission as Wholly Owned Subsidiary
REC Limited has incorporated Ambernath Power Transmission Limited as a wholly owned subsidiary on December 19, 2025. The subsidiary was…
Timken India Order Passed by Income Tax Department, Assessment Unit
Timken India has received an order from the Income Tax Department concerning the assessment year 2022-23. The IT Department has calculated a…
Tata Steel Faces ₹493 Crore GST Demand, Will Contest Order
Tata Steel has received an order directing it to pay ₹493.35 crore in GST, along with penalties of ₹638.83 crore and applicable interest. The…
Kotak Mahindra Bank RBI Imposes ₹61.95 Lakh Penalty for Non-Compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹61.95 lakh on Kotak Mahindra Bank for non-compliance with certain Credit…
Indian Hotels Company Redefines Alliance with GVK-Bhupal Family
Indian Hotels Company (IHCL) transitions its joint venture with the GVK-Bhupal family into a long-term management agreement for Taj GVK Hotels…
HCLTech Board to Consider Interim Dividend and Unaudited Financial Results
The Board of Directors of HCL Technologies is scheduled to meet on January 12, 2026, to consider, amongst other matters, the unaudited…
Kajaria Ceramics Fraud Detected at Step-Down Subsidiary, ₹20 Crore Impact
Kajaria Ceramics has reported a fraud at Kerovit Global Private Limited (KGPL), a step-down wholly-owned subsidiary. The fraud, involving…