business news India
Dalmia Cement Gains Major Relief as Tamil Nadu Drops Tax Demand
Tamil Nadu tax authorities have withdrawn tax and penalty demands totalling Rs 266.3 crore against Dalmia Cement, offering significant relief after detailed scrutiny...
Jindal Cement Industries’ Share Purchase Brings Strategic Shift in Jindal Steel’s Promoter Structure
Jindal Cement Industries has acquired shares in Jindal Steel, marking its entry into the promoter group. The move signals strategic alignment and stability...
Shree Cement Hit with ₹588 Crore Tax Demand for FY22, Says No Major Impact Expected
Shree Cement Ltd, India’s leading cement manufacturer, has been served an income tax demand of ₹588.65 crore for the fiscal year 2021–22. The...
SC Liquidation Order on Bhushan Power Shakes JSW Steel, Sparks IBC Concerns
The Supreme Court’s order to liquidate Bhushan Power and Steel Ltd (BPSL) has left JSW Steel in legal and financial limbo, four years...
The Ramco Cements Sells ₹455 Crore in Non-Core Assets to Cut Debt
Ramco Cements has asset monetization of ₹455.03 crore in FY25 as part of the company’s asset monetization strategy which aims to reduce debt...
Indian Exporters Face Uncertainty as Myanmar-Thailand Earthquake Disrupts Trade
Gujarat is among the states whose business community is feeling the rumblings of the powerful earthquake that rocked Myanmar and Thailand on March 28,...
