NCLAT directs RCom’s RP to approach NCLT for refund of Rs 577 crore from Ericsson

nclat directs rcoms rp to approach nclt for refund of rs 577 crore from ericsson

The National Company Law Appellate Tribunal (NCLAT) has declined Reliance Communications’ (RCom) resolution professional’s (RP) plea seeking refund of Rs 577 crore from Swiss firm Ericsson, and directed the RP to approach the Mumbai-bench of National Company Law Tribunal (NCLT) for the same. Reliance Communications is presently going through the Corporate Insolvency Resolution Process under … Read more

Cabinet approves Promulgation of the Prohibition of Electronic Cigarettes Ordinance

cabinet approves promulgation of the prohibition of electronic cigarettes ordinance

In a major health and wellness initiative for the country, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Promulgation of the Prohibition of Electronic Cigarettes (production, manufacture, import, export, transport, sale, distribution, storage and advertisement) Ordinance, 2019. Electronic-cigarettes are battery-operated devices that produce aerosol by heating a solution containing … Read more

Hero MotoCorp urges govt to consider phase-wise reduction in GST on automobiles

hero motocorp urges govt to consider phase wise reduction in gst on automobiles

Hero MotoCorp has urged the government to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage. The move would help the government contain potential revenue loss, and at the same time provide relief to around 20 million probable … Read more

Madhav Marbles & Granites incorporates subsidiary

quess corp trades higher on the bse

Madhav Marbles & Granites has incorporated subsidiary — Madhav Ashok Ventures on September 16, 2019. Madhav Ashok Ventures is engaged in manufacturing and processing of quartz and other stone. Madhav Marbles & Granites is into the business of manufacturing marble items such as tiles, slabs and blocks. Further, it also manufactures granite and its items … Read more

Mindtree opens new European headquarters in London

mindtree opens new european headquarters in london

Mindtree has opened its new European headquarters in London. The new office is equipped with the first European Digital Pumpkin innovation hub, which aims to help clients discover and design their path to digital transformation success. By establishing its new European headquarters, the company will be better positioned to meet the needs of European-based customers … Read more

BREAKING NEWS:
Samsung Galaxy S25 series price cut by ₹30,000 in India! Airtel’s 30-Day Plans: Up to 60GB Data, Unlimited Calls! Samsung Galaxy S25 series gets ₹30,000 price cut in India!