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Government News
Govt appoints four new CBDT members | Photo Credit: Kesavan A N 1612@Chennai Four new members have been appointed to the Central Board of Direct Taxes (CBDT) by the Union government. An official order issued on Thursday said the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi has approved the names…
Salil Parekh, chief executive officer of Infosys Ltd., speaks during a news conference in Bengaluru, India, on Thursday, April 17, 2025. | Photo Credit: KAREN DIAS India’s second largest IT company Infosys’ board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over ₹51 crore to CEO and MD Salil…
Roto Pumps, an Indian multinational specialising in positive displacement pumps, unveiled a new line of compact pumps and expanded manufacturing infrastructure on Thursday as part of its push to achieve $100 million revenue by 2028. The newly launched P Range pumps are engineered for durability and high performance across sectors such as oil and gas,…
An illuminated signboard of IndusInd Bank is seen outside one of its branches, in New Delhi, India, September 20, 2024. IndusInd Bank has elevated Chief accountant Santosh Kumar as its Deputy Chief Financial Officer (CFO), special officer – Finance & Accounts, and designated him as a ‘Key Managerial Personnel’ of the bank, with effect from…
West Bengal Chief Minister Mamata Banerjee As the Supreme Court on Thursday extended the services of terminated teachers found untainted, West Bengal Chief Minister Mamata Banerjee welcomed the order stating that there was now a “sense of relief”. In a major relief to the West Bengal government, the apex court extended the services of terminated…
The new marketing initiative highlights key features of LTF’s business loans L&T Finance Ltd. (LTF) unveiled a new television commercial for its business loan product featuring Indian cricket star Jasprit Bumrah. The campaign, titled “Aapke Business Ka Game Changer,” aims to position LTF’s business loan offerings as transformative solutions for entrepreneurs. The shares of L&T…
With FY25 constant currency (CC) revenue growth at 4.2 per cent, which follows a very weak FY24 in which the CC revenue growth was at just 1.4 per cent, Infosys is staring back at its weakest two-year performance in almost the last 25 years. However, this is not the end of the slowdown, with the…
Safeguard measures are actions taken to protect domestic industry against import surges. | Photo Credit: AMIT DAVE The US has said that it is ready to consult with India at the WTO on the 25 per cent tariffs it imposed on steel and aluminium imports from all countries provided these were not treated as safeguard…
Hemant Malik, Executive Director, ITC Ltd Diversified conglomerate ITC on Thursday announced that it will acquire 100 per cent share capital of Sresta Natural Bioproducts, an Indian company primarily engaged in the business of manufacture and sale of organic packaged food products, for a cash consideration of up to ₹472.50 crore. The Kolkata-headquartered conglomerate also…
In collaboration with INSPACe and the Department of Space, Gujarat plans to set up a dedicated space manufacturing park with advanced infrastructure and common technical facilities, aiming to make the state a hub for space tech enterprises. | Photo Credit: iStockphoto Gujarat government on Thursday notified the Gujarat SpaceTech Policy (2025-2030) providing fiscal and non-fiscal…
