Indian Railway Finance Corporation (IRFC) has received a ₹396.91 crore show-cause notice from the Bihar tax authorities over Goods and Services Tax (GST) matters for FY23. The notice, which includes applicable interest and penalty, was issued by the Office of the Joint Commissioner of State Tax, Hajipur Circle, Hajipur, IRFC said in an exchange filing…
Blue Dart Express will raise prices across its domestic portfolio by 9% to 12% from January 1, 2027, depending on the product and customer shipping profile. The logistics company said the annual price increase is intended to offset higher operating costs and support investments in service quality and its delivery network. Customers who sign up…
Foreign institutional investors (FIIs) stepped up selling in Indian equities on Wednesday, offloading shares worth ₹10,148.41 crore on a provisional basis, according to exchange data. Domestic institutional investors (DIIs), meanwhile, continued to provide strong support, recording net purchases of ₹11,271.73 crore. FIIs bought equities worth ₹14,967.82 crore during the session but sold shares worth ₹25,116.23…
Mumbai-based battery manufacturing company Waaree Energies Ltd on Wednesday (September 30) said its wholly owned subsidiary Waaree Power Private Ltd has commenced commercial production of a new solar inverter manufacturing line with an annual installed capacity of 1.10 GW. Commercial production on the new line commenced at 11:00 a.m. on Wednesday. Following the commissioning of…
Highway Infrastructure Ltd on Wednesday (September 30) said it has entered into a contract agreement worth ₹220.66 crore with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for collection of user fees and operation of toll plazas on the Gorakhpur Link Expressway. The contract agreement was signed on September 30, following the Letter of Acceptance…
Jewellery retailer Kalyan Jewellers India Ltd on Wednesday (September 30) said it has sold an immovable property in Coimbatore, Tamil Nadu, measuring approximately 783.25 cents, for ₹86.16 crore. “…we wish to inform you that the Company has sold its immovable property situated at SY No – 174/1,171/1B,171/1D,171/1C,172/1A3,174/1,172/1A1 Thudiyalur, Saravanampatty Road, Chinnavedampatty, Coimbatore District -641049 measuring…
Jio Financial Services Ltd on Wednesday (September 30) said the company and Allianz Europe B.V. have each invested ₹320.05 crore in Jio Allianz General Insurance Ltd, their 50:50 joint venture. Both partners subscribed to and were allotted 32,00,50,000 equity shares of ₹10 each in the joint venture for cash at par, through a rights issue….
Insurance Stocks | In an exclusive conversation with CNBC-TV18, Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth defended the regulator’s proposed overhaul of insurance distribution economics, saying the sector needs to address the sharp rise in costs and commissions over the past several years. Source link
Infrastructure and construction company NCC Ltd on Wednesday (September 30) said it has received two orders worth ₹500.22 crore, excluding Goods and Services Tax (GST), during September 2026. Of the two orders, ₹224.74 crore pertains to the Buildings Division and ₹275.48 crore to the Transportation Division. These orders are in addition to a major order…
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