When regulatory approvals are completed, Ecom Express will be a Delhivery subsidiary within six months, enhancing the market presence of Delhivery.
The strategic investment is in line with ITC’s vision to be a long-term player in the fast-growing frozen, chilled and ready-to-cook foods segment in India.
The tax row is connected to a ₹25,185.51 crore waiver of debt that was part of Tata Steel's purchase of Bhushan Steel, which is now named Tata Steel BSL Limited.
Indian Bank's operating margin also increased, rising to 26.52% in Q4 from 25.45% in the same period last year.
The future Bandra-Versova Sea Link (BVSL) will increase connectivity with Bandra and South Mumbai, further increasing the real estate value of the locality.
Being an Electronics Manufacturing Services (EMS) company, PG Electroplast is seeing strong demand for air conditioners prior to the summer season
This move is a strategic expansion of TVSM's electric two-wheeler presence in Southeast Asia, where two-wheeler demand remains high.
The tax department had questioned Mphasis's payments to its overseas subsidiaries and group enterprises, claiming that the company did not deduct tax at source (TDS) on the transactions.
Total global advances also grew 12.88% YoY to ₹12.3 lakh crore vs ₹10.9 lakh crore last year.
Total deposits increased 11.8% YoY to ₹1.51 lakh crore, compared to 7.2% growth sequentially in the last quarter.
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