regulatory filing

New Delhi, April 2 State-owned Power Finance Corporation announced on Thursday that its independent director, Bhaskar Bhattacharya, has resigned, citing plans to contest in the upcoming assembly elections in West Bengal.Bhattacharya was appointed on May 13, 2025, for one year by the Ministry...

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...

New Delhi, March 27 NIIT Learning Systems Ltd (NIIT MTS), a corporate training solutions provider, has received a demand notice of ₹14.93 crore from the Income Tax Department for the assessment year 2023-24, according to a regulatory filing on Friday."The Assessment Unit of the Income Tax...

New Delhi, March 27 Auto component maker Omax Autos Ltd confirmed on Friday a ransomware attack on the company's IT infrastructure and said it is assessing and identifying the extent of any potential loss or impact arising from the incident.The company's IT department had initially suspected a...

New Delhi, March 26 Tyre manufacturer TVS Srichakra Ltd said on Thursday that it has received a demand notice of ₹29.47 crore, including tax and interest, from the income tax authority under a disallowance provision, with a penalty proposed for under-reporting of income.An order has been...

New Delhi, March 23 FMCG contract manufacturer Hindustan Foods Ltd announced on Monday the acquisition of the ayurvedic, herbal beauty care and cosmetic products facility of Ultra Beauty Care Pvt Ltd in Maharashtra for ₹19.9 crore.The company has executed a Business Transfer Agreement (BTA)...

New Delhi, March 19 ICICI Bank said on Thursday that tax authorities have issued a demand notice of ₹768.6 crore against it for alleged short payment of GST.On March 18, 2026, ICICI Bank received an order under Section 74 of the Maharashtra Goods and Services Tax Act, 2017, from the Additional...

New Delhi, March 19 A day after HDFC Bank Chairman Atanu Chakraborty resigned due to ethical concerns, a top official from the Finance Ministry said on Thursday that the bank is a "strong institution with strong fundamentals".Financial Services Secretary M Nagaraju said that the Reserve Bank...

Mumbai, March 19 Hours after HDFC Bank Chairman Atanu Chakraborty resigned, citing ethical concerns, the Reserve Bank said on Thursday that there were no significant concerns regarding the bank's conduct or governance."HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound...

New Delhi, March 18 Edtech firm Physicswallah has received a notice from the Income Tax Department demanding Rs 263.34 crore for the assessment year 2023-24.The demand was raised after the Income Tax Department treated the funds received by the company from investors, including funds from...

New Delhi, March 7 Go Digit General Insurance on Saturday said it has received a demand notice of approximately Rs 170 crore for short payment of Goods and Services Tax (GST) for nearly five years.The company received a copy of the order from the Office of the Commissioner of GST & Central...

New Delhi, March 2 ABB India announced on Monday that it has agreed to transfer its robotics business to ABB Robotics India through a slump sale for ₹1,568.20 crore.The business transfer is effective from March 1, ABB India said in a regulatory filing."...on March 1, 2026, ...the Company has...

New Delhi, February 27 Fino Payments Bank on Friday said that tax authorities have arrested its managing director and CEO, Rishi Gupta, for violating the law related to the Goods and Services Tax (GST).Following the arrest, a special board meeting was convened, during which Ketan Merchant, the...

New Delhi, February 27 Glenmark Pharmaceuticals announced on Friday that its US-based unit is preparing to introduce a generic sodium phosphate injection in the American market.The Mumbai-based pharmaceutical company stated that its product is therapeutically equivalent to Hosira Inc.'s...

New Delhi, February 26 Yes Bank said on Thursday that it has detected unauthorized transactions amounting to USD 280,000 (Rs 2.5 crore) related to its multi-currency prepaid forex cards.The unauthorized transactions were carried out by Yes Bank's Multi-Currency Prepaid Forex Card, which was...

New Delhi, February 25 Pharmaceutical company Lupin Ltd announced on Wednesday that the Maharashtra GST Department has initiated an inspection and search at its registered office in Mumbai.The inspection and search, which began at 11:50 am on February 25, 2026, is aimed at obtaining documents...

New Delhi, February 24 IDFC First Bank said on Tuesday that it has paid out 100% of the principal and interest to the relevant departments of the Haryana government, which amounts to ₹583 crore."The bank remains committed to working together with the relevant Haryana Government departments and...

Chandigarh, February 23 A day after IDFC First Bank exposed a ₹590-crore fraud involving accounts of the Haryana government, Chief Minister Nayab Singh Saini on Monday said the state's Anti-Corruption Bureau will conduct a thorough investigation and assured that those found guilty will not be...

Chandigarh, February 23 A day after IDFC First Bank exposed a Rs 590-crore fraud involving accounts of the Haryana government, Chief Minister Nayab Singh Saini said on Monday that the state's Anti-Corruption Bureau will conduct a thorough investigation and assured that those found guilty will...

New Delhi, February 14 Piramal Pharma has stated that the US health regulator has issued a Form 483 with four observations after inspecting its manufacturing plant based in Telangana.The US Food and Drug Administration (USFDA) conducted an inspection of the company's plant in Digwal...