Maharashtra Chief Minister Devendra Fadnavis announced that the state government will not implement the proposed 6 per cent tax on electric vehicles priced above Rs 30 lakh, as it would not generate significant revenue and contradict the objective of promoting…
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Bharti Airtel on Wednesday said it (along with its subsidiary Bharti Hexacom Ltd) has prepaid an additional Rs 5,985 crore to the Department of Telecom, thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024…
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India will allow the export of 1 million metric tons of sugar for the current season, despite reduced output forecasts. The government has determined that domestic supply and stocks are sufficient to meet consumption and ethanol needs. Mills are expected…
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Maruti Suzuki India’s board has greenlit a Rs 7,410 crore investment to establish a third plant at Kharkhoda, Haryana, with a 2.5 lakh vehicle annual capacity. This brings Kharkhoda’s total capacity to 7.5 lakh units by 2029, aimed at meeting…
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IndusInd Bank raised $2 billion in higher-cost bulk deposits in March to strengthen its funding base after accounting discrepancies led to concerns over its governance. The bank’s move to issue certificates of deposits at a higher rate aims to maintain…
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Larsen & Toubro has secured its largest contract from QatarEnergy LNG for an offshore hydrocarbon project. The ultra-mega order involves engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, with extensive facilities. This development positions L&T to contribute…
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