Supreme Court refuses to entertain PIL seeking scrapping of TDS system under IT law
Representative image | Photo Credit: Getty Images The Supreme Court on Friday (January 24, 2025) refused to entertain a PIL seeking scrapping of tax deducted at source (TDS) framework under the Income Tax Act, saying this is levied “everywhere”. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar,
Northern Arc Enables DCB Bank’s Digital Lending Journey Through Its Proprietary Platform nPOS
Northern Arc Capital, a leading diversified NBFC and financial services platform, has signed a Memorandum of Understanding (MoU) with DCB Bank Ltd., a prominent new generation scheduled commercial bank to leverage Northern Arc’s cutting-edge nPOS platform to enhance and scale DCB Bank’s digital lending capabilities further cementing a more than
Chevron Achieves First Oil at Future Growth Project in Kazakhstan
Houston, United States: Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan. FGP is the third processing plant
AIT Worldwide Logistics executives appointed to new leadership roles
Itasca, Ill., United States: AIT Worldwide Logistics, a global supply chain solutions leader, has named Ray Fennelly to the position of chief development officer (CDO) and Ann Nemphos to chief information officer (CIO). This executive management reorganization improves the alignment of the company’s top leadership
Venture Global, Inc. Announces Pricing of its Initial Public Offering
Arlington, Va., United States: Venture Global, Inc. (“Venture Global”) announced today the pricing of its initial public offering of 70,000,000 shares of its Class A common stock, par value $0.01 (“Class A common stock”) at a public offering price of $25.00 per share. In connection
SES Announces Completion of €100m Open Market Repurchase of its NC625 Securities
Luxembourg: SES S.A. announces it has repurchased in the open market an aggregate amount of €99,978,000 principal amount of its €625,000,000 Deeply Subordinated Fixed Rate Resettable Securities issued on 27 May 2021. In accordance with the terms and conditions of the Securities, the purchased Securities
Mahindra Lifespaces acquires 8.2 acres of land in north Bengaluru
A view of a model flat at a project by Mahindra Lifespaces. The newly acquired land parcel is located off the Bengaluru-Hyderabad highway. | Photo Credit: Bijoy Ghosh Mahindra Lifespace Developers, through its subsidiary Anthurium Developers, has announced the acquisition of 8.2 acres of land in north Bengaluru, marking a strategic
T.N. delegation in Davos says many investment proposals under consideration
Industries Minister T.R.B. Rajaa at Davos with a delegation from Tamil Nadu. | Photo Credit: Special arrangement A delegation from Tamil Nadu, led by Industries Minister T.R.B. Rajaa, visiting Davos has indicated that several investment proposals are under consideration following numerous discussions held at the World Economic Forum there, though
Dr. Reddy’s Q3 net rose under 2% to ₹1,404.2 cr., acquired NRT portfolio buoys revenue
Generic drugmaker Dr. Reddy’s Laboratories reported consolidated net profit increased a tad under 2% during the December quarter to ₹1,404.2 crore from ₹1,380.9 crore in the year earlier. The muted growth came on a nearly 16% increase in total revenue from operations at ₹8,381.2 crore (₹7,236.8 crore), the results prepared
HPCL Q3 net profit rises over threefold to ₹2,544 crore
Hindustan Petroleum Corporation Ltd. (HPCL) reported a more than threefold jump in consolidated net profit to ₹2,544 crore for the third quarter ended December 31, 2024, compared with ₹713 crore in the year-ago period. Consolidated sales revenue grew marginally to ₹1,18,513 crore from ₹1.18,027 crore in the same period last