financial impact

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    Customs Authority Issues Demand Notice to Voltas Over Goods Classification

    New Delhi, March 30 Customs authorities have issued a demand notice of ₹23.52 crore, including duty and penalties, against Voltas, a manufacturer of air conditioners, over alleged mis-classification of certain imported goods, according to a regulatory filing on Monday.The company is reviewing...
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    Formula 1 Reschedules Races Amid Middle East Conflict

    Shanghai, March 15. Formula 1 has canceled the upcoming Bahrain and Saudi Arabian Grand Prix due to the escalating conflict in the Middle East, leaving the 2026 season with a reduced 22-race calendar and a lengthy spring break.The sport confirmed on Sunday that the races in Sakhir on April 12...
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    Karnataka Leaders Seek Intervention Over Flipkart's Milk Price

    Bengaluru, March 14 – Flipkart announced on Saturday that its sale of milk for Rs 1 had sparked controversy in Karnataka.The Karnataka government has sought the intervention of Prime Minister Narendra Modi and has also said that it will approach the Competition Commission of India (CCI)...
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