The Allahabad High Court has rejected Patanjali Ayurved’s plea against a Rs 273.50-crore GST penalty. The court stated that tax authorities can impose penalties through civil proceedings. It clarified that criminal trials aren’t necessary for GST penalties. The investigation revealed…
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Disney and other companies are reshaping their business strategies in response to the migration of cable TV audiences to streaming platforms. In 2023, Disney cut 7,000 jobs as part of an effort to save $5.5 billion in costs.
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UCO Bank has appointed Sumit Khandelwal as its new Chief Financial Officer, effective June 2, 2025, succeeding Sujoy Dutta. Khandelwal brings over 15 years of banking experience and holds multiple finance and law qualifications.
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US Commerce Secretary Howard Lutnick expressed optimism about an impending trade agreement between the United States and India, aiming to avert potential tariffs threatened by President Trump. Lutnick highlighted concerns regarding India’s tariff practices and its military procurement from Russia,…
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U.S. prosecutors are investigating whether companies linked to Indian billionaire Gautam Adani illegally imported Iranian liquefied petroleum gas (LPG) into India via the Mundra port, potentially violating U.S. sanctions. The U.S. Justice Department is reportedly reviewing the activity of these…
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He was speaking at a session on the sidelines of the International Air Transport Association (IATA) in the national capital.
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