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PNB Urges Customers to Update KYC by April 10 to Avoid Account Restrictions

PNB Urges Customers to Update KYC by April 10 to Avoid Account Restrictions

25 March 2025

Punjab National Bank (PNB) has asked customers to update their Know Your Customer (KYC) details by April 10, following the Reserve Bank of India’s (RBI) guidelines. The bank’s advisory applies to customers whose accounts are due for KYC updates by March 31. Documents Required for KYC Update To keep their accounts active, customers must provide …

HCLTech and Western Union Forge Forms Strategic Partnership for Digital Transformation

HCLTech and Western Union Forge Forms Strategic Partnership for Digital Transformation

25 March 2025

HCL Technologies (HCLTech) and Western Union have announced a strategic partnership to drive innovation and transformation in the financial services industry. This collaboration positions HCLTech as Western Union’s largest preferred partner, leveraging advanced AI and digital solutions to enhance operational efficiency and customer experience. Enhancing Digital Capabilities with AI and Cloud Solutions Western Union will …

Sterling and Wilson Renewable Energy Appoints Ajit Pratap Singh as CFO Effective March 24

Sterling and Wilson Renewable Energy Appoints Ajit Pratap Singh as CFO Effective March 24

25 March 2025

Sterling and Wilson Renewable Energy Limited has announced the appointment of Mr. Ajit Pratap Singh as its new Chief Financial Officer (CFO), effective from 24th March 2025. This decision follows the recommendations of the Nomination and Remuneration Committee and the Audit Committee. Leadership Transition Mr Ajit Pratap Singh will replace Mr Sandeep Mathew, who has …

Ola Electric Shares in Focus On Dispute Settlement With Rosmerta Group

Ola Electric Shares in Focus On Dispute Settlement With Rosmerta Group

25 March 2025

Ola Electric Mobility Ltd.’s share price is in focus as it settled all outstanding dues with Rosmerta Group, bringing an end to the legal proceedings between the two entities. The resolution involves Ola Electric’s wholly owned subsidiary, Ola Electric Technologies Pvt. Ltd., and follows a petition filed by Rosmerta under Section 9 of the Insolvency …

IndusInd Bank Receives ₹30.15 Crore GST Penalty Order for Multiple Issues

IndusInd Bank Receives ₹30.15 Crore GST Penalty Order for Multiple Issues

25 March 2025

IndusInd Bank Ltd has received a penalty order of ₹30.15 crore from the Joint Commissioner of CGST & Central Excise, Thane Commissionerate. The order was issued on March 24, 2025, under Section 122(1)(ii) of the CGST Act, 2017, citing various GST-related issues. The bank stated in a regulatory filing that it is evaluating legal options …

Hyundai Motor India Approves ₹694 Crore Investment for Tooling Centre

Hyundai Motor India Approves ₹694 Crore Investment for Tooling Centre

25 March 2025

Hyundai Motor India Ltd. has approved an investment of ₹694 crore to set up a local tooling centre. According to a stock exchange filing on Monday, the facility will focus on the manufacturing of stamping tools and panel production for vehicles. The tooling centre is expected to support operations at the company’s existing Chennai plant …

NBCC Secures Two Work Orders Worth ₹658.43 Crore

NBCC Secures Two Work Orders Worth ₹658.43 Crore

25 March 2025

NBCC (India) Limited has been awarded 2 major work orders worth approximately ₹658.43 crore. These projects, secured in the normal course of business, focus on urban revitalisation and infrastructure development in Uttarakhand and New Delhi. Urban Redevelopment in Uttarakhand The Uttarakhand Investment and Infrastructure Development Board (UIIDB) has entrusted NBCC with key revitalisation projects amounting …

Kalpataru Projects Shares Surge On Securing Orders Worth ₹2,366 Crore

Kalpataru Projects Shares Surge On Securing Orders Worth ₹2,366 Crore

25 March 2025

Kalpataru Projects International Ltd (KPIL) and its global subsidiaries have secured new orders amounting to approximately ₹2,366 crore. These orders span the company’s Transmission and Distribution (T&D) as well as Buildings and Factories (B&F) business segments. As of 12:12 PM on 25 March, Kalpataru Projects International share price is trading at ₹1,005.00, up ₹24.60 (2.51%) …

Bajel Projects Receives Large EPC Order From MPPTCL in Bhopal

Bajel Projects Receives Large EPC Order From MPPTCL in Bhopal

25 March 2025

Today, on March 25, 2025, Bajel Projects Limited informed the stock exchanges that it has received a large EPC (Engineering, Procurement and Construction) contract from Madhya Pradesh Power Transmission Corporation Limited (MPPTCL). The order is related to the construction of 132kV transmission infrastructure for the Bhopal Metro Rail Project. As of 12:32 PM on March …

SBI Life Insurance Gets ₹352.50 Crore Tax Demand from Income Tax Department

SBI Life Insurance Gets ₹352.50 Crore Tax Demand from Income Tax Department

25 March 2025

SBI Life Insurance Company Ltd has received an Income Tax Order from the Faceless Assessment Unit for the Assessment Year 2023-24 (FY 2022-23), raising a tax demand of ₹352.50 crore along with ₹78.50 crore in interest. The company has stated that it will contest the demand through an appeal. Tax Demand and Basis of Dispute …

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