The Supreme Court, on January 20, 2025, upheld a Bombay High Court order directing the Income Tax Department to refund ₹1,600 crore to Vodafone Idea Ltd. This includes ₹1,128 crore in excess tax payments for the assessment year (AY) 2016-17, along with ₹500 crore as interest. The apex court dismissed the tax department’s special leave …
Reliance Power Limited has announced the appointment of Neeraj Parakh as its Executive Director and Chief Executive Officer (CEO), effective January 20, 2025. His 3-year tenure is subject to the approval of the company’s members, according to an official filing. Board Approval The decision to appoint Parakh was taken at a board meeting held at …
Cipla announced that the United States Food and Drug Administration (FDA) conducted an inspection at its wholly-owned subsidiary, Medispray Laboratories Private Ltd, situated in Kundaim, Goa, between 14th and 20th January 2025. The inspection concluded with the issuance of a single observation under Form 483. Details of the FDA Inspection The FDA conducted a detailed …
Multi Commodity Exchange of India Limited (MCX) has been in focus post the announcement of its unaudited financial results for the third quarter (Q3) of FY 2024-25. On January 21, 2025, MCX share price opened at ₹5,950.00, down from its previous close of ₹6,026.90. At 10:41 AM, the share price of MCX was trading at ₹5,487.90, down …
Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, announced its financial results for the third quarter (Q3 FY 2024-25) and the nine months ended December 31, 2024. Q3 FY 2025 Financial Highlights MRPL reported revenue from operations of ₹25,601 crore in Q3 FY 2024-25, compared to ₹28,364 crore in the same quarter of …
Dixon Technologies (India) Ltd reported its unaudited financial results for the quarter and nine months ended December 31, 2024. Post the announcement, on January 21, 2025, Dixon share price opened at ₹17,248.25, down from its previous close of ₹17,559.45. At 9:40 AM, the share price of Dixon Technologies was trading at ₹15,996.00, down by 8.90% on the …
IDBI Bank reported financial results for the quarter and nine months ended December 31, 2024. Post the announcement, on January 21, 2025, IDBI Bank share price (NSE: IDBI) opened at ₹86.50, slightly up from its previous close of ₹86.14. However, at 10:14 AM, the share price of IDBI Bank was trading at ₹83.24, down by 3.37% on …
Indian Overseas Bank (IOB) has reported its financial results for the quarter and nine months ended December 31, 2024. Q3 FY 2025 Financial Highlights For Q3 FY25, the bank recorded a net profit of ₹874 crore, reflecting a 20.89% year-on-year (YoY) growth from ₹723 crore in Q3 FY24. Operating profit also showed a rise, increasing …
Tata Consultancy Services (TCS) informed the exchanges that it has inaugurated a new delivery centre in Toulouse, France, aimed at leveraging next-generation technologies such as artificial intelligence (AI), generative AI, machine learning, and data analytics to assist clients in the aerospace and related sectors like manufacturing and defence. Details of the Delivery Centre The company …
Waaree Energies, a prominent Indian solar energy company, specialises in the manufacturing and distribution of cutting-edge solar products. Renowned for its diverse range of solar solutions, the company has established itself as a leader in the Indian solar energy market. Its offerings include high-performance solar panels, inverters, batteries, and energy storage systems, among others. Project …
