Mankind Pharma Ltd on Wednesday said it has been imposed a GST related penalty of over Rs 2 crore by tax authority in Kolkata over alleged mismatch in figures for the period of FY18 to FY22. The company has received an order on January 14, 2025 from Office of the Commissioner of Kolkata South CGST & CX -- issued by Additional Commissioner, Mankind Pharma said in a regulatory filing.
A noted defence scientist on Wednesday rejected suggestions that China's new missile Chaoxun-1 (CX-1) was a copy of Indian supersonic cruise missile BrahMos. The technology used in CX-1 and BrahMos, an Indo-Russian joint production, was completely different, said A Sivathanu Pillai, who formerly served as Chief Controller of Research and Development at Defence Research and Development Organisation.
Delhi-based Honda is increasing its focus on the entry level segment. So much so that it has put the potential launch of a big engine premium concept bike, the CX-01, on the back burner.
'Women are taking on key roles in warehouses, such as picking and packing, as well as in our last-mile operations across India.'
Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.
After a long delay, Thailand opened its twice-postponed Bangkok international motor show to the public as coronavirus restrictions eased, with nearly all attendees wearing masks and face shields.
Ujjivan Small Finance Bank's initial public offering attracted heavy investor demand on the final day of bidding on Wednesday as the issue was subscribed a whopping 126.36 times.
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company.
The automatic transmission is now available on the mid-level Verna 1.6 petrol SX AT and the Verna 1.6 diesel SX AT.
DataWind has launched affordable phablets or tablets with voice call facility at prices starting from Rs 3,999.
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
Thanks to the impact of globalisation and the relatively low cost of education, several international students are looking at India as the next big destination to study.
The vehicle is being manufactured in the company's Bhosari plant.
Gitanjali Gems plans to hive off various businesses.
Minacs will be integrated it into SYNNEX's BPO business, Concentrix.
Nearly 80 per cent of the buyers opting for the more expensive variants instead of the base-level car which is priced at Rs 1.23 lakh (ex showroom, Delhi). The trend is based on responses from dealers and banks that took bookings in Delhi, Mumbai, Pune, Bangalore, Chandigarh and Kolkata on Thursday. The Nano CX costs Rs 1.48 lakh and the top-end LX Rs 1.72 lakh.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
What explains India's love affair with SUVs? They are not exactly "value for money" -- the watchword for brands across segments -- nor always practical. Is it for the badge value? Or the butch imagery associated with SUVs? Maybe both, says Alokananda Chakraborty.
In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.
Two international flights were called back while one which was preparing for departure from the Indira Gandhi International Airport in New Delhi was taken to an isolation bay due to a bomb scare early Saturday, sources said.
Auto major Tata Motors on Tuesday launched a new version of its small car Nano, which has dual fuel option of petrol and CNG, priced between Rs 2.40 lakh and Rs 2.65 lakh (ex-showroom, Delhi).
'The launch of the vehicle was successful beyond expectation'.
With the new CBR150R, Honda could boost sales but only if they price the bike aggressively, says Faisal Ali Khan of MotorBeam.com
Things to know before you consider the latest bike in the premium commuter segment.
The Honda CB Unicorn 160 has a very good engine, offering excellent performance, says Faisal Ali Khan of MotorBeam.com
Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake
The company took five years to sell the 250,000 units of the Nano.
Investors prefer exits with lower valuation to staying invested for a longer term
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