Tata Steel on Sunday (June 29) said that it has received a show cause-cum-demand notice from tax authorities regarding an alleged irregular availment of input tax credit (ITC) around Rs 1,000 crore for the financial years 2018-19 to 2022-23. According to the company, the notice was issued by the Office of the Commissioner (Audit), Central…
Hindustan Aeronautics Ltd (HAL) on Thursday declared a final dividend of Rs 15 per equity share for FY25, amounting to a 300 per cent payout on the face value of Rs 5 per share. This marks the company’s second dividend for the current financial year, following an interim dividend of Rs 25 per share paid…
An Essel Group company, Konti Infrapower and Multiventures, has moved the National Company Law Tribunal (NCLT) against Kotak Asset Management Company (AMC) over the fund house’s failure to honour certain contractual obligations. Claiming dues to the tune of Rs 12.99 crore, the Essel Group entity has stated that Kotak AMC, as a corporate debtor, is…
Coal India Limited (CIL) is now actively pursuing diversification into the critical minerals sector, as the global race for rare earths and strategic minerals intensifies. In an exclusive interview with Zee Business, CMPDI Chairman & Managing Director Manoj Kumar revealed that Coal India has already initiated two projects in Madhya Pradesh for critical mineral exploration—both…
Accenture reported robust performance for the third quarter of fiscal year 2025, with revenue coming in at $17.7 billion — an 8 per cent rise in US dollar terms and 7 per cent in local currency, the company said in its latest earnings announcement. Despite strong topline growth, new bookings dipped to $19.7 billion, down…
Zee Entertainment Enterprises Ltd. (ZEEL) has announced a significant financial move to strengthen its position in the evolving media landscape. The company’s Board of Directors has approved the issuance of up to 16.95 crore fully convertible warrants to promoter group entities on a preferential basis, priced at Rs. 132 per warrant. This strategic decision aims…